Colorofchangeorg Education Fund Inc
- Assets
- $26.5m
- Revenue
- $30.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 01/2014
- Data as of
- 06/2021
- EIN
- 45-5569879
Organization Overview
Colorofchangeorg Education Fund Inc is located in Oakland, CA. The organization was established in 2014. According to its NTEE Classification (R01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorofchangeorg Education Fund 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 06/2021, Colorofchangeorg Education Fund Inc generated $30.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 50.0% each year . All expenses for the organization totaled $17.5m during the year ending 06/2021. While expenses have increased by 38.6% per year over the past 6 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.
Since 2019, Colorofchangeorg Education Fund Inc has awarded 24 individual grants totaling $653,082. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COLOR OF CHANGE.ORG EDUCATION FUND EXISTS TO EMPOWER OUR MEMBERS - BLACK AMERICANS AND OUR ALLIES TO MAKE DECISION MAKERS MORE RESPONSIVE TO THE CONCERNS OF BLACK AMERICANS AND TO BRING ABOUT POSITIVE SOCIAL CHANGE FOR EVERYONE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURE AND MEDIA ENGAGEMENT:COLOR OF CHANGE.ORG EDUCATION FUND PLAYED A UNIQUE AND EFFECTIVE ROLE IN TRANSFORMING THE IMPACT OF MEDIA IN AMERICA BY FOCUSING ON SYSTEMIC CHANGE IN THE AREAS WHERE WE CAN HAVE THE MOST INFLUENCE. WE POSITION OURSELVES IN BETWEEN MEDIA PRODUCERS AND THE HARMFUL MEDIA VEHICLES THEY WOULD CREATE BY DISRUPTING THE CHAIN OF PRODUCTION THAT ALLOWS HARMFUL MEDIA CONTENT TO EXIST IN THE FIRST PLACE. AT THE SAME TIME, WE PUSH BACK AND WORK TO TAKE EXISTING HARMFUL CONTENT OFF THE AIR WHILE SUPPORTING AND PROMOTING COMPLEX, HUMANIZING, AND VARIED PORTRAYALS OF PEOPLE OF COLOR.
MEDIA, DEMOCRACY AND ECONOMIC JUSTICE:COLOR OF CHANGE.ORG EDUCATION FUND'S ONGOING ECONOMIC JUSTICE WORK HOLDING CORPORATIONS ACCOUNTABLE, PUSHING TO ENSURE THAT THE WEALTHIEST AMONG US PAY THEIR FAIR SHARE, AND PROTECTING THE SAFETY NET OF CRITICAL GOVERNMENT BENEFITS AND SERVICES NEEDED BY THE MOST VULNERABLE IS AIMED AT ENSURING THAT ALL AMERICANS ARE REPRESENTED, SERVED, AND PROTECTED, REGARDLESS OF RACE OR CLASS. COLOR OF CHANGE.ORG EDUCATION FUND HAS LEVERAGED OUR MEMBERS' VOICES TO PUSH BACK AGAINST CORPORATIONS WHO ARE EXPLOITING LOWWAGE WORKERS AND PARTNERED WITH GROUPS ON THE GROUND FIGHTING FOR PAID SICK LEAVE AND RAISING THE MINIMUM WAGE. DURING THE PANDEMIC, COLOR OF CHANGE.ORG EDUCATION FUND WAS FOCUSED ON PUSHING BACK AGAINST CORPORATE OVERREACH IN ECONOMIC POLICIES AND CONTINUED TO IDENTIFY AND EXPOSE CORPORATIONS THAT ARE MEMBERS OF ORGANIZATIONS THAT ADVOCATE FOR POLICIES THAT ARE HARMFUL TO BLACK COMMUNITIES.
CRIMINAL JUSTICE:COLOR OF CHANGE.ORG EDUCATION FUND CONTINUED TO TARGET THE INDIVIDUALS, COMPANIES, INDUSTRIES AND AGENCIES THAT HAVE PROFIT INCENTIVES FUELING MASS INCARCERATION WITH STRATEGIC CAMPAIGNS THAT UNDERMINE THEIR RELATIONSHIPS WITH DECISION MAKERS AND THE PUBLIC. WE AIMED TO NEUTRALIZE THE POLITICAL POWER OF THE OPPONENTS OF CRIMINAL JUSTICE REFORM AND TO REDIRECT THE REVENUES THEY HAVE BEEN PLUNDERING FROM THE SYSTEM BACK INTO BLACK COMMUNITIES THAT HAVE BEEN THE MOST HEAVILY DEVASTATED BY MASS INCARCERATION. ADDITIONALLY, COLOR OF CHANGE.ORG EDUCATION FUND WORKED ON RAPID RESPONSE EDUCATION CAMPAIGNS TO SHED LIGHT ON THE HEALTH CRISIS WITHIN OUR PRISON SYSTEM DUE TO THE PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexis Mcgill Johnson Board Member | Trustee | 2 | $0 |
Alicia Garza Board Member | Trustee | 2 | $0 |
Andre Banks Board Chair | OfficerTrustee | 2 | $0 |
Dream Hampton Board Member | Trustee | 2 | $0 |
Erica Williams Simon Board Member | Trustee | 2 | $0 |
Heather Mcghee Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shane Martin Various Consulting Projects | 6/29/21 | $414,582 |
Sweet Livity Llc Workplace Culture Consulting | 6/29/21 | $135,750 |
Diverse Representation Database Develop/execution | 6/29/21 | $128,400 |
Beacon Hill Staffing Group Llc Temporary Agency | 6/29/21 | $100,340 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,338,992 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,338,992 |
| Total Program Service Revenue | $44,055 |
| Investment income | $34,135 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $240,736 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,657,918 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $297,915 |
| Grants and other assistance to domestic individuals. | $15,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,388,682 |
| Pension plan accruals and contributions | $202,124 |
| Other employee benefits | $565,864 |
| Payroll taxes | $501,649 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,050 |
| Fees for services: Accounting | $73,751 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,652,382 |
| Advertising and promotion | $1,560,765 |
| Office expenses | $1,185,419 |
| Information technology | $556,375 |
| Royalties | $0 |
| Occupancy | $1,210,432 |
| Travel | $185,091 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $198,721 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $102,225 |
| Insurance | $57,227 |
| All other expenses | $1,722 |
| Total functional expenses | $17,486,807 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,157,731 |
| Savings and temporary cash investments | $190,428 |
| Pledges and grants receivable | $17,167,731 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $139,909 |
| Net Land, buildings, and equipment | $514,339 |
| Investments—publicly traded securities | $2,005,887 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $302,029 |
| Total assets | $26,478,054 |
| Accounts payable and accrued expenses | $1,323,064 |
| 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 | $3,565,156 |
| Total liabilities | $4,888,220 |
| Net assets without donor restrictions | $5,338,139 |
| Net assets with donor restrictions | $16,251,695 |
| 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 | $26,478,054 |
Grants Awarded
Over the last fiscal year, Colorofchangeorg Education Fund Inc has awarded $284,918 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
NICH CULTURAL ARTS INC PURPOSE: GRANT TO SUPPORT ORGANIZATION. NO REQUIREMENTS | $20,000 |
DIVERSE REPRESENTATION LLC PURPOSE: SPONSORSHIP FOR CLASS/PROGRAM | $7,000 |
RADA FILM GROUP PURPOSE: CHANGING SAME IMMERSIVE FILM SPONSORSHIP | $50,000 |
BLACKSTAR FILM FESTIVAL PURPOSE: 2020 BLACKSTAR FILM FESTIVAL SPONSORSHIP | $50,000 |
BONNTI INC PURPOSE: BLACK BEAUTY ROSTER SUMMIT SPONSORSHIP | $10,000 |
RON BROWN COLLEGE PREPATORY HIGH SCHOOL PURPOSE: GRANT TO SUPPORT ORGANIZATION. NO REQUIREMENTS | $5,000 |