2025-10-17T10:22:07-05:00 2024-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 30 BRAINTREE HL OFFICE PARK STE 300 BRAINTREE MA 02184 990 2024-01-01 812253548 EDUCATION LEADERS OF COLOR INC EDUC 8314198415 3680 WILSHIRE BLVD STE P-04-1052 LOS ANGELES CA 90010 SHARHONDA BOSSIER CHIEF EXECUTIVE OFFICER 8314198415 2025-10-14 1 1 AMANDA ADAMS P00748038 7813562000 2025-10-14 2024 2025-03-06 01:10:19Z SHARHONDA BOSSIER 3680 WILSHIRE BLVD STE P-04-1052 LOS ANGELES CA 90010 6523818 0 X WWW.EDLOC.ORG X 2016 DC ENSURE YOUNG PEOPLE OF COLOR HAVE THE OPPORTUNITIES TO BUILD GENERATIONAL WEALTH AND THRIVE. 9 9 10 763 0 0 2607733 4770092 384351 725522 9762 278321 0 0 3001846 5773935 700000 175000 0 0 2089501 1903097 0 0 86932 3212321 3042197 6001822 5120294 -2999976 653641 12290325 12932668 375513 235896 11914812 12696772 X TO CATALYZE THE ACADEMIC AND ECONOMIC ADVANCEMENT OF YOUNG PEOPLE OF COLOR BY HARNESSING THE POWER OF OUR MULTI-RACIAL, MULTI-SECTOR, AND VALUES-ALIGNED MEMBERSHIP NETWORK. 1 0 2090101 702272 NETWORK: EDLOC RECRUITS AND SELECTS LEADERS OF COLOR IN KEY DECISION-MAKING ROLES TO JOIN OUR MULTIRACIAL, MULTI-SECTOR NETWORK, BUILDING COLLECTIVE POWER AND EXPANDING MEMBERS' PROFESSIONAL NETWORKS AND SOCIAL CAPITAL. ONCE MEMBERS JOIN, EDLOC OFFERS YEAR-ROUND PROGRAMMING TO STRENGTHEN LEADERSHIP, FOSTER BELONGING, AND SUPPORT MEMBERS' IMPACT ACROSS SECTORS. OUR NATIONAL CONVENING, WHICH CONSISTENTLY SELLS OUT AND DREW OVER 500 PARTICIPANTS IN 2024, REMAINS A FLAGSHIP EXPERIENCE. IT BRINGS MEMBERS TOGETHER TO DEEPEN KNOWLEDGE OF OUR POLICY PLATFORM, ENGAGE IN PEER LEARNING, AND ALIGN AROUND SHARED VALUES AND PRIORITIES. THE CONVENING FILLS A CRITICAL GAP IN THE FIELD BY CREATING SPACE FOR VALUES-ALIGNED, DIVERSE LEADERS IN EDUCATION AND RELATED FIELDS. IN ADDITION, MEMBERS PARTICIPATE IN CURATED PROGRAMMING THROUGHOUT THE YEAR, INCLUDING BOOK TALK TALKS, REGIONAL GATHERINGS MEMBER-LED EVENTS AND POLICY-FOCUSED FORUMS THAT CENTER THE LEADERSHIP AND LIVED EXPERIENCE OF PEOPLE OF COLOR. THESE SPACES GROW AND CONNECT THE MEMBERSHIP, ELEVATE SHARED VALUES, BUILD SKILLS, BRIDGE RESEARCH AND PRACTICE, AND ALIGN ON OUR GOALS AND PRIORITIES. 1785801 175000 23250 IN 2024, EDLOC AWARDED $175,000 IN GRANTS TO CAMPAIGN FOR OUR SHARED FUTURE AND BECAME THE HOME OF THIS TIME-BOUND NATIONAL INITIATIVE, WHICH WORKS TO SHIFT THE PUBLIC NARRATIVE AND CENTER THE NEEDS OF CHILDREN BY BUILDING GRASSROOTS SUPPORT TO STOP HARMFUL POLICIES LIKE BOOK BANS AND CURRICULUM CENSORSHIP. THE SOCIAL STUDIES ACCELERATOR IS AN ONGOING INITIATIVE THAT ADVANCES THE ADOPTION AND IMPLEMENTATION OF HIGH-QUALITY, CULTURALLY RESPONSIVE SOCIAL STUDIES CURRICULA IN SCHOOLS AND DISTRICTS NATIONWIDE. THROUGH A CONTINUED PARTNERSHIP WITH RECONSTRUCTIONUS, EDLOC HELPS EXPAND ACCESS TO CULTURALLY AFFIRMING COURSES AND LEARNING EXPERIENCES FOR STUDENTS FROM LOW-INCOME COMMUNITIES, ENSURING THEY SEE THEMSELVES REFLECTED IN WHAT AND HOW THEY LEARN. 429036 POLICY & ADVOCACY: EDLOC ACTIVATES THE COLLECTIVE VOICE OF ITS MEMBERS TO ADVANCE BOLD, EQUITY-DRIVEN POLICY SOLUTIONS. THROUGH REGIONAL NETWORKS AND AFFINITY GROUPS, EDLOC MEMBERS CONVENE TO STRATEGIZE AROUND ADVANCING POLICIES THAT PROTECT AND SUPPORT STUDENTS, FAMILIES, AND COMMUNITIES, WHILE BUILDING RELATIONSHIPS THAT STRENGTHEN CROSS-SECTOR, MULTIRACIAL COALITIONS. IN 2024, AS IN PREVIOUS YEARS, MEMBERS ENGAGE DIRECTLY WITH POLICYMAKERS DURING ADVOCACY DAY EVENTS IN WASHINGTON, D.C., AND IN THEIR HOME DISTRICTS TO ELEVATE PRIORITIES THAT REFLECT THE NEEDS OF THE COMMUNITIES THEY SERVE. 136570 GRANTMAKING: THE BOULDER FUND GRANTS SUPPORT ENTREPRENEURIAL VENTURES OF INNOVATIVE AND DIVERSE LEADERS WORKING TO ADVANCE EDLOC'S VALUES AND POLICY PRIORITIES. THE FUND IS INTEGRAL TO EDLOC'S STRATEGY OF ADVANCING VALUES-ALIGNED LEADERS OF COLOR COMMITTED TO DEMONSTRATING THE IMPACT OF CROSS-SECTOR APPROACHES. EDLOC INVESTS IN LEADERS AND ORGANIZATIONS THAT ARE TAKING VALUE-ALIGNED APPROACHES TO SOLVING THE MOST PRESSING CHALLENGES IN EDUCATION AND ARE INSPIRED BY BEING PART OF A NETWORK THAT COLLECTIVELY SEEKS TO BUILD GENERATIONAL WEALTH. IN ADDITION TO DIRECT GRANT SUPPORT, EDLOC PROVIDES COACHING AND THOUGHT PARTNERSHIP TO GRANTEES. THE GRANT RECIPIENTS LEAD ORGANIZATIONS FOCUSED ON IMPROVING LIFE OUTCOMES FOR CHILDREN OF COLOR ACROSS THE COUNTRY. 136570 4441508 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 46 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA NY IL OK CA X KEVIN D FONTANA 7813568050 2 SHARP STREET UNIT B HINGHAM MA 02043 NANCY GUTIERREZ CHAIR 2.00 X X 0 0 0 DERONDA WILLIAMS TREASURER 2.00 X X 0 0 0 SONYA ANDERSON DIRECTOR 2.00 X 0 0 0 TOMMY CHANG DIRECTOR 2.00 X 0 0 0 DINAH CONSUEGRA DIRECTOR 2.00 X 0 0 0 RAQUEL DONOSO DIRECTOR 2.00 X 0 0 0 VINICE DAVIS DIRECTOR 2.00 X 0 0 0 ALMA MARQUEZ DIRECTOR 2.00 X 0 0 0 ANA PONCE DIRECTOR 2.00 X 0 0 0 SHARHONDA BOSSIER CHIEF EXECUTIVE OFFICER 40.00 X 285797 0 18130 HEATHER HARDING EXECUTIVE IN RESIDENCE 40.00 X 292669 0 29376 ANDREA FOGGY-PAXTON ENTREPRENEUR IN RESIDENCE 40.00 X 200138 0 10000 ANGELICA SOLIS-MONTERO CHIEF POLICY OFFICER 40.00 X 173346 0 40306 SARAH WINSHEL DIR. OF OPERATIONS & SPECIAL PROJECTS 40.00 X 137903 0 4807 JESSICA RHAU SENIOR DIR. STRATEGY & PROGRAMS 40.00 X 232345 0 10612 LESLEY MORENO NETWORK OPERATIONS 40.00 X 119350 0 0 1441548 0 113231 7 0 1 0 BALTIMORE HOTEL CORPORATION 20 WEST BALTIMORE STREET BALTIMORE MD 21201 HOTEL & EVENT CATERING 629335 WEARERALLY LLC 5670 WILSHIRE BLVD SUITE 820 LOS ANGELES CA 90036 MARKETING/COMMUNICATIONS 296279 FRONT PORCH ENTERTAINMENT INC 11857 HESBY ST VALLEY VILLAGE CA 91607 PROJECT MGMT/CONSULTING 254300 RECONSTRUCTION US INC 1283 TUNICA ST BOX 80160 MEMPHIS TN 38108 ENRICHMENT COURSES 142500 EDSOLUTIONS 4 ORLY CT PRINCETON JUNCTION NJ 08550 EDUCATION CONSULTING 125000 9 4770092 4770092 CONVENING REGISTRATION 611710 508205 508205 MEMBERSHIP DUES 611710 182227 182227 OTHER PROGRAM FEES 900099 23250 23250 JOB POSTING FEES 611710 11840 11840 725522 260828 260828 767376 749883 17493 17493 17493 5773935 725522 0 278321 X 175000 175000 817633 690359 53429 73845 142500 142500 752900 731857 20322 721 16762 14855 1907 61965 55392 6573 111337 90794 16738 3805 21452 21452 127140 127140 21450 21450 1052402 891260 154662 6480 455937 455937 54818 15659 38554 605 123703 29765 93938 47708 46232 1450 26 1125489 1097479 26560 1450 4167 4167 7931 252 7679 5120294 4441508 591854 86932 1994987 2755113 6824525 1171198 1675000 266700 1439 900 128360 38393 25831 24790 5208 1041 1660806 8699323 12290325 12932668 194211 156221 100000 81302 79675 375513 235896 X 9159709 11094702 2755103 1602070 11914812 12696772 12290325 12932668 653641 128319 0 X 0 1 X 1 0 X 5094567 11069589 6806680 2607733 4770092 30348661 5094567 11069589 6806680 2607733 4770092 30348661 12570969 17777692 2265 24097 37827 37114 260828 362131 30710792 1426614 0.57890 0.59460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5314865 285438 5600303 4073808 1000000 241057 5314865 3433360 1000000 -359552 4073808 2251856 1000000 181504 3433360 1625764 625000 1092 2251856 1.00000 0 0 25831 24790 1041 1041 X 5933019 128319 52215 180534 5752485 21450 21450 5773935 5151059 52215 52215 5098844 21450 21450 5120294 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE DESIGNATED BY THE BOARD OF DIRECTORS AND ARE INTENDED TO BE USED TO CREATE THE "BOULDER FUND", WHICH WILL BE USED TO PROVIDE SUPPORT THROUGH GRANTS TO ORGANIZATIONS WHICH ALIGN WITH EDUCATION LEADERS OF COLOR, INC.'S MISSION. PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC TOPIC 740 INCOME TAXES. THIS TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THIS TOPIC ALSO PROVIDES GUIDANCE ON RECOGNITION, DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AT DECEMBER 31, 2024 AND 2023, MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS. 1 482FORWARD 1211 TRUMBULL DETROIT MI 48216 473537426 501(C)(3) 40000 0 GENERAL OPERATING SUPPORT EDUCATION JUSTICE ALLIANCE 1214 E LENOIR STREET RALEIGH NC 27610 871986048 501(C)(3) 25000 0 GENERAL OPERATING SUPPORT IDRA - INTERCULTURAL DEVELOPMENT RESEARCH ASSOCIATION 5818 CALLAGHAN ROAD SUITE 101 SAN ANTONIO TX 78228 741804539 501(C)(3) 35000 0 GENERAL OPERATING SUPPORT PASTORS FOR TEXAS CHILDREN PO BOX 471155 FORT WORTH TX 76147 474273196 501(C)(3) 15000 0 GENERAL OPERATING SUPPORT SAVE OUR SCHOOLS ARIZONA NETWORK PO BOX 28370 TEMPE AZ 85285 834555457 501(C)(3) 35000 0 GENERAL OPERATING SUPPORT THE EXPECTATIONS PROJECT INC 609H STREET NE 4TH FL WASHINGTON DC 20002 900787411 501(C)(3) 25000 0 GENERAL OPERATING SUPPORT 6 0 PART I, LINE 2: EDLOC MONITORS THE USE OF FUNDS GRANTED IN ACCORDANCE WITH EACH GRANTEE'S PROPOSED BUDGET THROUGH FINANCIAL UPDATES AND REVIEW OF THEIR FORM 990. IN ADDITION, EDLOC HOLDS BI-MONTHLY CALLS AND SITE VISITS WITH EACH OF THE RECIPIENTS TO DISCUSS PROGRESS TOWARDS GOALS AND SUPPORT NEEDS. X X X 0 0 0 0 0 0 0 0 0 HEATHER HARDING EXECUTIVE IN RESIDENCE 292669 0 0 0 0 0 13542 0 15834 0 322045 0 0 0 SHARHONDA BOSSIER CHIEF EXECUTIVE OFFICER 285797 0 0 0 0 0 9504 0 8626 0 303927 0 0 0 JESSICA RHAU SENIOR DIR. STRATEGY & PROGRAMS 232345 0 0 0 0 0 4108 0 6504 0 242957 0 0 0 ANGELICA SOLIS-MONTERO CHIEF POLICY OFFICER 173346 0 0 0 0 0 7511 0 32795 0 213652 0 0 0 ANDREA FOGGY-PAXTON ENTREPRENEUR IN RESIDENCE 200138 0 0 0 0 0 10000 0 0 0 210138 0 0 0 RECONSTRUCTION INC ENTITY OWNED > THAN 35% BY FORMER BOARD MEMBER/FOUNDING CHAIR OF EDLOC 142500 PAYMENTS OF RESTRICTED FUNDS FOR TUITION ASSISTANCE FOR CHILDREN ENROLLED IN RECONSTRUCTION'S ENRICHMENT CLASSES 0 FORM 990, PART III, LINE 2 DURING 2024, EDLOC BECAME A FISCAL SPONSOR OF SEVERAL OTHER ENTITIES, INCLUDING CAMPAIGN FOR OUR SHARED FUTURE, THE FOLDING CHAIR COLLECTIVE, WWHD, LLC, ASIAN & PACIFIC ISLANDER AMERICAN (APIA) EDUCATORS COLLECTIVE, AND GROW WHERE YOU ARE. EDLOC ACCEPTS TAX DEDUCTIBLE DONATIONS ON BEHALF OF THESE OTHER ENTITIES, AND ADMINISTERS THE EXPENDITURES OF THOSE FUNDS FOR DESIGNATED TAX-EXEMPT CHARITABLE PURPOSES. ALL OF THESE ENTITIES ENGAGE IN ACTIVITIES THAT ARE CONSISTENT WITH EDLOC'S MISSION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S OUTSOURCED ACCOUNTING FIRM CONDUCTS A DETAILED REVIEW OF THE FORM 990. ONCE ALL QUESTIONS ARE ADDRESSED, A FINAL COPY IS PROVIDED TO THE ORGANIZATION'S CEO AND THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL. ONCE APPROVED, THE FINAL COPY OF THE FORM 990 IS PROVIDED TO THE FULL BOARD, PRIOR TO IT BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL OFFICERS, KEY EMPLOYEES, MEMBERS OF THE BOARD AND ITS COMMITTEES (COLLECTIVELY "RESPONSIBLE PERSONS"). RESPONSIBLE PERSONS MUST DISCLOSE ANY POTENTIAL CONFLICTS TO THE BOARD/COMMITTEE (OR THE CHAIR); THE REMAINING MEMBERS OF THE BOARD (OR COMMITTEE) WILL DETERMINE IF A CONFLICT ACTUALLY EXISTS. IF A CONFLICT IS DEEMED TO EXIST, THE BOARD OR COMMITTEE WILL DISCUSS AND REVIEW ALTERNATIVES, AND VOTE ON WHETHER OR NOT TO APPROVE THE TRANSACTION. THE RESPONSIBLE PERSON WITH THE CONFLICT IS PERMITTED TO DISCLOSE FACTS AND RESPOND TO QUESTIONS, BUT IS PROHIBITED FROM PARTICIPATING IN THE BOARD OR COMMITTEE DISCUSSION AND FROM EXERTING THEIR INFLUENCE, EITHER AT OR OUTSIDE THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION WAS SET IN 2021 AT A 1.7% INCREASE FROM THE PREVIOUS CEO'S COMPENSATION (WHICH HAD BEEN SET BY THE BOARD IN 2020 BASED ON A REVIEW OF COMPARABLE DATA AS PART OF THE ANNUAL BUDGET PROCESS), AND HAS NOT CHANGED SINCE THEN. HOWEVER, ANNUAL BONUSES HAVE BEEN DETERMINED AND APPROVED BY THE BOARD, BASED ON ACHIEVEMENT OF CERTAIN DEFINED METRICS (INCLUDING PROGRAM IMPACT AND STAFF MANAGEMENT/RETENTION). COMPENSATION OF KEY EMPLOYEES IS DETERMINED ANNUALLY BY THE CEO, BASED ON COMPARABILITY DATA FOR SIMILAR POSITIONS IN SIMILAR SIZED ORGANIZATIONS AND SECTORS, AND IS APPROVED BY THE BOARD DURING THE ANNUAL BUDGET APPROVAL PROCESS. THIS PROCESS WAS LAST UNDERTAKEN FOR THE CHIEF STRATEGY OFFICER DURING 2023 (FOR COMPENSATION PERTAINING TO THE FOLLOWING YEAR). IN ADDITION, DURING 2024, A SIMILAR PROCESS WAS FOLLOWED IN ADJUSTING THE COMPENSATION OF THE ENTREPRENEUR IN RESIDENCE AND A NEW POSITION THAT WAS ADDED DURING THE YEAR (EXECUTIVE IN RESIDENCE). FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 8,701. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,701. BOULDER FUND COACHES: PROGRAM SERVICE EXPENSES 30,715. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,715. STRATEGY ADVISOR: PROGRAM SERVICE EXPENSES 116,894. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 116,894. CRT CONSULTANTS: PROGRAM SERVICE EXPENSES 472,543. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 472,543. CONSULTING - OTHER: PROGRAM SERVICE EXPENSES 262,407. MANAGEMENT AND GENERAL EXPENSES 154,662. FUNDRAISING EXPENSES 6,480. TOTAL EXPENSES 423,549.