Education Leaders Of Color Inc is located in Los Angeles, CA. The organization was established in 2016. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Education Leaders Of Color Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education Leaders Of Color 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 12/2021, Education Leaders Of Color Inc generated $11.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 52.5% each year . All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 41.9% 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 2017, Education Leaders Of Color Inc has awarded 49 individual grants totaling $4,293,500. 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
MEMBERSHIP ORGANIZATION DEDICATED TO ELEVATING THE LEADERSHIP, VOICES AND INFLUENCE OF PEOPLE OF COLOR IN EDUCATION AND TO LEADING MORE INCLUSIVE EFFORTS TO IMPROVE EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOULDER FUNDTHE 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 BEING PART OF A NETWORK THAT COLLECTIVELY SEEKS TO BUILD GENERATIONAL WEALTH. IN 2021, THROUGH A COMPETITIVE GRANT APPLICATION PROCESS, EDLOC AWARDED $1,000,000 IN GRANTS (EACH $100,000) TO EDLOC MEMBERS WHO ARE SPEARHEADING OR EXPANDING INNOVATIONS ALIGNED WITH EDLOC'S VALUES AND POLICY PLATFORM. IN ADDITION TO DIRECT GRANT SUPPORT, EDLOC PROVIDES ADDITIONAL SUPPORT IN THE FORM OF COACHING AND THOUGHT PARTNERSHIP TO GRANTEES. THE GRANT RECIPIENTS LEAD ORGANIZATIONS FOCUSED ON IMPROVING LIFE OUTCOMES FOR CHILDREN OF COLOR ACROSS THE COUNTRY.
POLICYEDLOC'S POLICY WORK FOCUSES ON ELEVATING OUR VALUES AND THE VOICES AND PERSPECTIVES OF OUR MEMBERS. IN 2021, WE FOCUSED ON PROVIDING STRATEGIC COMMUNICATIONS SUPPORT TO MEMBERS SHAPING POLICY DISCUSSIONS IN STATES ACROSS THE COUNTRY. WE WERE ABLE TO ELEVATE MEMBERS' PROFILES AND THE WORK THEY WERE DOING TO INFLUENCE POLICY CONVERSATIONS.
NETWORK CONVENINGSEDLOC HOSTS A SERIES OF CONVENINGS TO HELP IDENTIFY, CULTIVATE, AND BUILD THE CAPACITY OF OUR MEMBERS. OUR NATIONAL CONVENINGS PROVIDE OPPORTUNITIES TO BUILD OUR MEMBERS' KNOWLEDGE AND EXPERTISE AROUND OUR POLICY PLATFORM AND OTHER RELEVANT TOPICS. IMPORTANTLY, THE NATIONAL CONVENING HAS SERVED TO GROW AND CONNECT THE MEMBERSHIP, ELEVATE OUR SHARED VALUES, BUILD SKILLS, AND ALIGN ON OUR GOALS AND PRIORITIES. THROUGH OUR AFFINITY GROUPS AND REGIONAL NETWORKS, MEMBERS CONVENE TO STRATEGIZE AROUND HOW TO ADVANCE POLICIES CRITICAL TO PROTECTING AND SUPPORTING OUR STUDENTS, FAMILIES, AND COMMUNITIES AND BUILD RELATIONSHIPS TO CREATE STRONGER CROSS-SECTOR, MULTI-RACIAL COALITIONS. OUR CONVENINGS, WITH OVER 300 PARTICIPANTS IN 2021, HAVE ALSO FILLED A GAP IN THE FIELD TO NETWORK AND PROVIDE SUPPORT TO VALUES-ALIGNED, DIVERSE LEADERS IN EDUCATION AND RELATED FIELDS.
OTHER PROGRAMS, INCLUDING EXECUTIVE & STAFF SEARCH, STRATEGY, NETWORK GROWTH & DEV., CONFERENCES, ADVISORY SERVICES, & ADVOCACYEDLOC ADVANCES OUR VALUES IN TWO IMPORTANT WAYS: BY LEVERAGING OUR VALUES TO INFLUENCE AND GUIDE EDUCATION INITIATIVES AND PRIORITIES AND BY PLACING MEMBERS IN SENIOR LEADERSHIP ROLES IN KEY EDUCATION ORGANIZATIONS. GUIDED BY OUR VALUES AND PRINCIPLES, WE PROVIDE SERVICES TO ORGANIZATIONS SEEKING TO ADVANCE DIVERSITY AND EQUITY. WE ASSIST THEIR RECRUITMENT AND STAFFING EFFORTS, PARTICULARLY THOSE FOR EXECUTIVE-LEVEL ROLES, BY PROVIDING TALENT REFERRAL SERVICES. IN 2021 WE SUPPORTED OVER 80 ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sharhonda Bossier CEO & Executive Director, Ex Officio | Officer | 40 | $311,151 |
Courtney Lee Chief Of Staff | 40 | $213,727 | |
Layla Avila Former CEO & Executive Director | 0 | $173,015 | |
Andrea Foggy-Paxton Enrepreneur-In-Residence | 40 | $124,595 | |
Krystal Cormack Director Of Leader Support And Development | 40 | $123,421 | |
Victor DE La Paz Treasurer (thru 6/21) | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
The Raben Group Communications/marketing | 12/30/21 | $186,000 |
The Creative Summer Consulting | 12/30/21 | $109,399 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $80,132 |
All other contributions, gifts, grants, and similar amounts not included above | $10,989,457 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $11,069,589 |
Total Program Service Revenue | $51,939 |
Investment income | $24,097 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$2,202 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,143,423 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,045,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $329,097 |
Compensation of current officers, directors, key employees. | $30,079 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $689,879 |
Pension plan accruals and contributions | $10,776 |
Other employee benefits | $21,537 |
Payroll taxes | $62,055 |
Fees for services: Management | $0 |
Fees for services: Legal | $27,558 |
Fees for services: Accounting | $17,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $15,469 |
Fees for services: Other | $799,395 |
Advertising and promotion | $0 |
Office expenses | $43,616 |
Information technology | $54,565 |
Royalties | $0 |
Occupancy | $0 |
Travel | $14,262 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $90,272 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,262 |
Insurance | $8,440 |
All other expenses | $0 |
Total functional expenses | $3,232,183 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,369,348 |
Savings and temporary cash investments | $7,350,725 |
Pledges and grants receivable | $2,469,500 |
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 | $33,488 |
Net Land, buildings, and equipment | $12,811 |
Investments—publicly traded securities | $1,781,060 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $14,016,932 |
Accounts payable and accrued expenses | $52,127 |
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 | $0 |
Total liabilities | $52,127 |
Net assets without donor restrictions | $9,899,370 |
Net assets with donor restrictions | $4,065,435 |
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 | $14,016,932 |
Over the last fiscal year, Education Leaders Of Color Inc has awarded $1,000,000 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
Phoenix, AZ PURPOSE: OPERATING SUPPORT | $100,000 |
Dallas, TX PURPOSE: OPERATING SUPPORT | $100,000 |
Wilmington, DE PURPOSE: OPERATING SUPPORT | $100,000 |
Albuquerque, NM PURPOSE: OPERATING SUPPORT | $100,000 |
New York, NY PURPOSE: OPERATING SUPPORT | $100,000 |
Brooklyn, NY PURPOSE: OPERATING SUPPORT | $100,000 |
Over the last fiscal year, we have identified 12 grants that Education Leaders Of Color Inc has recieved totaling $2,631,000.
Awarding Organization | Amount |
---|---|
Chan Zuckerberg Initiative Foundation Palo Alto, CA PURPOSE: GENERAL OPERATING SUPPORT | $800,000 |
Bloomberg Family Foundation Inc New York, NY PURPOSE: TO IMPROVE OUTCOMES FOR K-12 STUDENTS IN THE U.S. | $667,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Arts & Culture | $270,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: RESEARCH AND LEARNING OPPORTUNITIES | $200,000 |
Raikes Foundation Seattle, WA PURPOSE: BELE NETWORK: GENERAL OPERATING SUPPORT | $175,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR BUILDING A COALITION TO ACCELERATE ANTI-RACIST AND CULTURALLY RELEVANT EDUCATION | $175,000 |
Beg. Balance | $2,251,856 |
Earnings | $181,504 |
Net Contributions | $1,000,000 |
Ending Balance | $3,433,360 |
Organization Name | Assets | Revenue |
---|---|---|
Education Leaders Of Color Inc Los Angeles, CA | $14,016,932 | $11,143,423 |
Scbwi Society Of Childrens Book Writers And Illustrators A Nonprof Los Angeles, CA | $4,123,775 | $4,448,435 |
News Revenue Hub Inc San Diego, CA | $2,998,798 | $3,194,670 |
Artown Reno, NV | $1,599,720 | $2,003,182 |
Pittsburg Arts And Community Foundation Pittsburg, CA | $1,849,271 | $1,408,634 |
San Francisco Opera Guild San Francisco, CA | $6,980,145 | $1,005,884 |
Ninth Street Media Consortium Inc San Francisco, CA | $649,480 | $728,404 |
Committee Of One Hundred For The Pres Of Spanish Col Arch In Bal San Diego, CA | $546,335 | $329,356 |
Joe Goode Perfomance Group San Francisco, CA | $341,223 | $555,045 |
Center For The Force Majeure Foundation Santa Cruz, CA | $22,228 | $467,500 |
Friends Of Santa Cruz County Parks Santa Cruz, CA | $533,343 | $646,253 |
Each One Reach One Inc San Francisco, CA | $0 | $288,744 |