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Education Leaders Of Color Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 812253548 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Education Leaders Of Color Inc?

Education Leaders of Color Inc is a nonprofit organization situated in Los Angeles, California, with a mission to elevate the leadership, voices, and influence of individuals of color in the education sector. They strive to foster more inclusive efforts aimed at improving education. Through the Boulder Fund, the organization grants financial support to innovative and diverse leaders working to align with EDLOC's values and policy priorities. In 2022, EDLOC awarded $1 million in grants to its members, who are driving or expanding initiatives in line with EDLOC's values and policy platform. Apart from monetary assistance, EDLOC offers coaching and thought partnership to its grant recipients, leading organizations focused on enhancing life outcomes for children of color across the nation. With a staff of 10 individuals, EDLOC is dedicated to investing in and empowering leaders and organizations committed to demonstrating the impact of cross-sector approaches in education.


Official website here: www.edloc.org

Is Education Leaders Of Color Inc legitimate?

Education Leaders Of Color Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Education Leaders Of Color Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $554,495
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,272,403

For more financial information, click here


Official website here: www.edloc.org

What is the mission statement of Education Leaders Of Color Inc?

Education Leaders of Color Inc, as a nonprofit membership organization, aims to elevate the leadership, voices, and influence of individuals of color in the education sector. Its mission is to break through the polarizing divides that have hindered efforts to improve public education, promoting more inclusive initiatives. The organization, through its Boulder Fund, supports entrepreneurial ventures led by innovative and diverse leaders who share EDLOC's values and policy priorities. By investing in these leaders and organizations, EDLOC seeks to advance cross-sector approaches, empowering value-aligned leaders of color to demonstrate the impact of their innovations in solving education's most pressing challenges. In 2022, EDLOC awarded $1 million in grants to its members spearheading or expanding initiatives aligned with their values and policy platform, offering additional support in the form of coaching and thought partnership to grant recipients.


Official website here: www.edloc.org

Who is the CEO of Education Leaders Of Color Inc?

Sharhonda Bossier is the Chair of Education Leaders Of Color Inc. The CEO's salary of Education Leaders Of Color Inc is $283,331 and their total compensation is $301,742.


Official website here: www.edloc.org

What is the revenue of Education Leaders Of Color Inc?

Education Leaders Of Color Inc's revenue in 2022 was $7,018,957.


Official website here: www.edloc.org

Who are the executives of Education Leaders Of Color Inc and what are their salaries?

The average compensation at Education Leaders Of Color Inc during 2022 was $182,690. There are 10 employees and 1,000 volunteers at Education Leaders Of Color Inc.

Here are 13 key members and their salaries (Education Leaders Of Color Inc's CEO's salary is $283,331 and their total compensation is $301,742):

    Sharhonda Bossier (Ceo, Ex Officio)
  • Compensation: $283,331
  • Related: $0
  • Other: $18,411

    • Krupa Desai (Chief Strategy Officer)
  • Compensation: $237,002
  • Related: $0
  • Other: $15,752

    • Elsa Dure (Chief Operating Officer)
  • Compensation: $183,937
  • Related: $0
  • Other: $8,280

    • Courtney Lee (Chief Of Staff)
  • Compensation: $186,875
  • Related: $0
  • Other: $0

    • Daryl Mcadoo (Chief Network Officer)
  • Compensation: $148,627
  • Related: $0
  • Other: $12,130

    • Angelica Solis Monteroi (Chief Policy Officer)
  • Compensation: $124,217
  • Related: $0
  • Other: $26,314

    • Andrea Foggy-Paxton (Entreprenuer In Residence)
  • Compensation: $138,581
  • Related: $0
  • Other: $6,534

    • Greg Gunn (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deronda Williams (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alma Marquez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tommy Chang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Gutierrez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Harding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.edloc.org

    Where can I find the form 990 for Education Leaders Of Color Inc?

    The Education Leaders Of Color Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.edloc.org

    Learn more at the official website: www.edloc.org

    Mission Statement of Education Leaders Of Color Inc

    Education Leaders of Color Inc, a nonprofit organization, is committed to elevating the leadership, voices, and influence of individuals of color in the education sector. Their mission is twofold: firstly, to break through the polarizing divisions that have hindered efforts to improve public education, and secondly, to lead more inclusive initiatives aimed at enhancing education. By doing so, they aim to create a more equitable and inclusive education system.

    In pursuit of this mission, Education Leaders of Color Inc provides grant support to innovative and diverse leaders working to advance values and policy priorities aligned with their mission. The Boulder Fund, an integral part of their strategy, supports these leaders by funding their ventures. By investing in these leaders and organizations, they aim to build a network of value-aligned leaders committed to demonstrating the impact of cross-sector approaches. In 2022, they awarded $1,000,000 in grants to EdLOC members spearheading or expanding innovations aligned with their values and policy platform. Beyond direct grant support, EdLOC also provides coaching and thought partnership to grantees, helping them navigate their endeavors. The grant recipients lead organizations focused on improving life outcomes for children of color across the nation.

    Impact

    This information is meant to be a general summary of Education Leaders Of Color Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Education Leaders Of Color Inc has a significant impact on elevating the leadership, voices, and influence of people of color in the field of education. Through their Boulder Fund, the organization supports entrepreneurial ventures of innovative and diverse leaders working to advance EdLoC's values and policy priorities. The fund plays a crucial role in their strategy of advancing values-aligned leaders of color committed to demonstrating the impact of cross-sector approaches in education.

    In 2022, EdLoC awarded $1,000,000 in grants to its members who are spearheading or expanding innovations aligned with their values and policy platform. These grants, each worth $100,000, support leaders and organizations dedicated to improving life outcomes for children of color across the country. In addition to financial support, EdLoC also provides coaching and thought partnership to grant recipients, fostering a network of leaders collectively working towards building generational wealth and breaking through polarizing divides in education.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $22,825
  • Program Service Revenue: $189,452
  • Gross Receipts: $7,049,099

    • Assets and Liabilities:
  • Total Assets: $14,796,496
  • Total Liabilities: $133,165
  • Net Assets: $14,663,331
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONVENING REGISTRATION

    Revenue

    $144,701

    OTHER PROGRAM SERVICE

    Revenue

    $44,751

    Organization Details

    Founding Year

    2016

    Principal Officer

    Sharhonda Bossier

    Main Address

    3680 WILSHIRE BLVD STE P-04-1052, LOS ANGELES, CA, 90010

    NTEE Category

    Code: A19 - Arts

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