Publicolor Inc
- Assets
- $4.4m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 41
- Location
- New York, NY
- Founding
- 02/1997
- Data as of
- 06/2022
- EIN
- 13-3912768
Organization Overview
Publicolor Inc is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2022, Publicolor Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Publicolor Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Publicolor Inc generated $4.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $3.6m during the year ending 06/2022. While expenses have increased by 0.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER DISAFFECTED, LOW-INCOME STUDENTS THROUGH MULTI-YEAR PROJECT-BASED LEARNING PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE 26 YEARS SINCE ITS FOUNDING IN 1996, PUBLICOLOR HAS ACHIEVED SIGNIFICANT RESULTS:AN ESTIMATED 24,000 STUDENTS FROM LOW-INCOME COMMUNITIES HAVE PARTICIPATED IN PUBLICOLOR PROGRAMS. OVER 27,000 CORPORATE, COMMUNITY AND COLLEGE VOLUNTEERS HAVE ENGAGED IN PAINTING PUBLIC SCHOOLS, TUTORING, AND MENTORING.PUBLICOLOR HAS TRANSFORMED A TOTAL OF 318 NYC SCHOOLS, REPRESENTING 25% OF ALL NYC DEPARTMENT OF EDUCATION CAMPUSES, AND 250 UNDER-RESOURCED COMMUNITY FACILITIES, INCLUDING HOMELESS SHELTERS, PLAYGROUNDS, EARLY CHILDHOOD CENTERS, HEALTH CLINICS, PEDESTRIAN WALKWAYS, AND MANY OTHER VITAL COMMUNITY RESOURCES. IN FY22, PUBLICOLOR ENGAGED 1,301 STUDENTS IN GRADES 5 THROUGH COLLEGE, HELPING THEM ACHIEVE NOTEWORTHY OUTCOMES EVEN AS THE PANDEMIC CONTINUED TO DISRUPT THEIR LIVES: NO SUMMER DESIGN STUDENT EVIDENCED LEARNING LOSS CONSIDERED BY MANY TO BE A SIGNIFICANT FACTOR IN THE ACHIEVEMENT GAP BETWEEN LOW-AND HIGH-INCOME STUDENTS. SUMMER 2021 SCORES IN PRE AND POST DIAGNOSTIC TESTS BASED ON STATE STANDARDS INCREASED BY AN AVERAGE 5.5% IN ENGLISH LANGUAGE ARTS AND 5.8% IN MATH. AT YEAR'S END, 100% OF CONTINUUM STUDENTS WERE PROMOTED ON TIME TO THE NEXT GRADE. 100% OF PUBLICOLOR'S 2022 HIGH SCHOOL SENIORS GRADUATED ON TIME IN JUNE 2022, AND 100% WERE ADMITTED INTO COLLEGE AND ENROLLED IN FALL 2022 COMPARED TO 60% OF GRADUATES FROM THE HIGH SCHOOLS THEY ATTENDED (2020 COHORT). 91% OF PUBLICOLOR'S INCOMING COLLEGE FRESHMEN IN FALL 2021 WERE COLLEGE-READY, NOT REQUIRED TO TAKE REMEDIAL CLASSES, VS. 55% AT THE HIGH SCHOOLS THEY ATTENDED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Lande Shuman Founder & President | OfficerTrustee | 40 | $183,580 |
Alan Kornblum Chief Development Officer | 40 | $141,688 | |
Elizabeth Rose Chief Financial Officer | Officer | 24 | $107,222 |
Gene Kohn Chair | OfficerTrustee | 5 | $0 |
Michael Shuman Vice Chair & Secretary | OfficerTrustee | 5 | $0 |
Andrew Oshrin Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,341,110 |
| Related organizations | $0 |
| Government grants | $1,202,685 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,940,230 |
| Noncash contributions included in lines 1a–1f | $70,162 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,484,025 |
| Total Program Service Revenue | $17,800 |
| Investment income | $12,790 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$151,040 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $263 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,463,640 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $237,190 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $317,560 |
| Compensation of current officers, directors, key employees. | $36,938 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,777,215 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $170,403 |
| Payroll taxes | $175,123 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $141,020 |
| Advertising and promotion | $0 |
| Office expenses | $45,705 |
| Information technology | $17,110 |
| Royalties | $0 |
| Occupancy | $298,699 |
| Travel | $51,502 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,130 |
| Insurance | $22,638 |
| All other expenses | $15,323 |
| Total functional expenses | $3,616,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,599,585 |
| Savings and temporary cash investments | $1,392,005 |
| Pledges and grants receivable | $782,070 |
| Accounts receivable, net | $70,541 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $91,727 |
| Prepaid expenses and deferred charges | $71,599 |
| Net Land, buildings, and equipment | $235,150 |
| Investments—publicly traded securities | $14,568 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $105,896 |
| Total assets | $4,363,141 |
| Accounts payable and accrued expenses | $90,341 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $162,894 |
| Total liabilities | $253,235 |
| Net assets without donor restrictions | $3,148,496 |
| Net assets with donor restrictions | $961,410 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,363,141 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Publicolor Inc has recieved totaling $27,500.
| Awarding Organization | Amount |
|---|---|
Stephen P Hanson Family Foundation Inc New York, NY PURPOSE: CHARITABLE CONTRIBUTION | $27,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |
Tikvah Fund New York, NY | $103,047,859 | $6,270,985 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |
Catholic Schools Foundation Inc Boston, MA | $110,171,239 | $27,305,892 |
Echoing Green Inc New York, NY | $60,744,468 | $19,754,073 |
Partnership For Ed Advancement Inc New York, NY | $36,194,552 | $41,198,488 |
Alavi Foundation New York, NY | $64,468,510 | $30,201,673 |
Children Scholarship Fund Philadelphia Philadelphia, PA | $24,817,690 | $13,351,193 |
Foundation For Jewish Day Schools Of Greater Philadelphia Philadelphia, PA | $5,671,351 | $11,978,701 |
Uncommon Lender Inc New York, NY | $174,239,408 | $12,168,791 |
Family Enrichment Network Inc Johnson City, NY | $8,020,609 | $12,621,621 |
Laspau Inc Cambridge, MA | $9,172,350 | $9,862,515 |