Teachers Of Color Foundation
- Assets
- $191.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edmonds, WA
- Founding
- 12/2016
- Data as of
- 12/2023
- EIN
- 81-3608371
Organization Overview
Teachers Of Color Foundation is located in Edmonds, WA. The organization was established in 2016. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teachers Of Color Foundation 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 12/2023, Teachers Of Color Foundation generated $95.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.8%) each year. All expenses for the organization totaled $136.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FINANCIAL SUPPORT TO PEOPLE OF COLOR EXHIBITING FINANCIAL NEED WHO WISH TO PURSUE A CAREER IN EDUCATION, IN ORDER TO ENABLE THEM TO PURSUE HIGHER EDUCATION TO THAT END. SUPPORT IS PROVIDED TO APPLICANTS WHO HAVE BEEN EMPLOYED WITH THE EDMONDS SCHOOL DISTRICT FOR ONE OR MORE YEARS AND WHO MAKE A COMMITMENT TO TEACH IN THE EDMONDS SCHOOL DISTRICT FOR THREE YEARS AFTER EARNING THEIR TEACHING DEGREE. GRANTS FOR: STUDENTS TUITION AND FEES - $50,454 STUDENTS BOOKS & EVALUATION TESTS - $986 STUDENTS LIVING EXPENSES - $63,568 STUDENTS OTHER EDUC. EXP. - $2,274 STUDENTS EMERGENCY FUNDS - $4,534 STUDENTS MENTORING PROGRAMS - $5,000 STUDENTS SPEAKING STIPEND - $100 TOTAL GRANTS - $126,916 OTHER EXPENSES ALLOCATED TO PROGRAM SERVICE - $5,725 TOTAL PROGRAM SERVICE PART III, LINE 28A - $132,641
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana White President/treasurer/director | 2 | $0 | |
Andi Nofziger-Meadows Director | 2 | $0 | |
Christina Castorena Director | 2 | $0 | |
Angela Jones Director | 2 | $0 | |
Justine Locke Director | 2 | $0 | |
Rob Baugartner Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,030 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,030 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,581 |
| Total expenses | $136,497 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $191,589 |
| Other assets | $0 |
| Total assets | $191,589 |
| Total liabilities | $0 |
| Net assets or fund balances | $191,589 |