Form 990 for tax year 2024

Filed by COLOROFCHANGEORG EDUCATION FUND INC.

Totals

Total revenue: $14,825,916
Total expenses: $15,820,369
Contributions and grants received: $13,657,129
Grants paid: $0
Program service revenue: $37,240
Investment income: $91,273
Other revenue: $1,040,274
Total assets, end of year: $21,735,051
Total liabilities, end of year: $26,241,743
Net assets or fund balances, end of year: -$4,506,692
Program services expenses (Part IX): $11,995,311
Management and general expenses: $2,805,046
Fundraising expenses: $1,020,012
Program service expenses (Part III): $11,995,311

Program services were 75.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1f · All other contributions, gifts and grants

$13,657,129
2a · Program service revenue: SERVICE FEE

total $36,440 · related or exempt $36,440
2b · Program service revenue: HONORARIUM

total $800 · related or exempt $800
3 · Investment income

total $147,843 · excluded $147,843
7a · Gross sales of assets other than inventory

securities $1,247,203
7b · Less cost or other basis and sales expenses

securities $1,135,097 · other assets $168,676
7c · Gain or loss

securities $112,106 · other assets -$168,676
7d · Net gain or loss

total -$56,570 · excluded -$56,570
11a · Other revenue: GAIN ON ROU ASSET AND LEASE LIABI

total $1,040,274 · related or exempt $1,040,274
11e · Other revenue, total

$1,040,274

Functional expenses

Part IX, the statement of functional expenses.

11a · Fees: management

total $5,976,512 · program services $4,183,558 · management and general $1,314,833 · fundraising $478,121
11b · Fees: legal

total $146,728 · program services $102,710 · management and general $32,280 · fundraising $11,738
11c · Fees: accounting

total $98,549 · program services $68,984 · management and general $21,681 · fundraising $7,884
11g · Fees: other

total $2,219,599 · program services $1,553,719 · management and general $488,312 · fundraising $177,568
12 · Advertising and promotion

total $340,767 · program services $238,537 · management and general $74,969 · fundraising $27,261
13 · Office expenses

total $1,073,962 · program services $751,773 · management and general $236,272 · fundraising $85,917
14 · Information technology

total $172,725 · program services $120,908 · management and general $37,999 · fundraising $13,818
16 · Occupancy

total $1,713,026 · program services $1,174,537 · management and general $394,895 · fundraising $143,594
17 · Travel

total $308,215 · program services $215,749 · management and general $67,808 · fundraising $24,658
19 · Conferences, conventions and meetings

total $115,142 · program services $80,600 · management and general $25,331 · fundraising $9,211
22 · Depreciation, depletion and amortization

total $71,546 · program services $50,082 · management and general $15,740 · fundraising $5,724
23 · Insurance

total $25,951 · program services $18,166 · management and general $5,709 · fundraising $2,076
24a · Other expenses: LOSS ON LEASE TERMINATI

total $3,152,114 · program services $3,152,114
24b · Other expenses: EVENT EXPENSES

total $277,024 · program services $193,917 · management and general $60,945 · fundraising $22,162
24c · Other expenses: HIRING AND PROFESSIONAL

total $69,830 · program services $48,881 · management and general $15,363 · fundraising $5,586
24d · Other expenses: DUES, LICENSES, SERVICE

total $58,679 · program services $41,076 · management and general $12,909 · fundraising $4,694

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $4,888,339 · end of year $11,649,716
2 · Savings and temporary cash investments

beginning of year $1,253,857 · end of year $204,810
3 · Pledges and grants receivable

beginning of year $6,608,572 · end of year $3,106,058
9 · Prepaid expenses and deferred charges

beginning of year $506,622 · end of year $106,131
10a · Land, buildings and equipment: cost or other basis

$786,055
10b · Land, buildings and equipment: accumulated depreciation

$599,782
10c · Land, buildings and equipment, net

beginning of year $443,608 · end of year $186,273
11 · Investments: publicly traded securities

beginning of year $2,057,174 · end of year $2,019,135
14 · Intangible assets

beginning of year $7,500,382 · end of year $720,115
15 · Other assets

beginning of year $362,241 · end of year $3,742,813
17 · Accounts payable and accrued expenses

beginning of year $659,306 · end of year $1,261,103
25 · Other liabilities

beginning of year $26,375,566 · end of year $24,980,640
27 · Net assets without donor restrictions

beginning of year -$17,159,439 · end of year -$9,393,407
28 · Net assets with donor restrictions

beginning of year $13,745,362 · end of year $4,886,715

Mission and programs · 2024

Mission

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.

VOTING RIGHTS AND DEMOCRACY:COLOR OF CHANGE.ORG EDUCATION FUND CONTINUED TO LEVERAGE THE POWER OF OUR MEMBERS' VOICES AND THE MEDIA TO PERMANENTLY RESHAPE THE DEBATE ON VOTING RIGHTS AND VOTER SUPPRESSION EFFORTS THAT DISPROPORTIONATELY IMPACT BLACK COMMUNITIES. TO THAT END, WE LAUNCHED A PILOT CIVIC ENGAGEMENT DIGITAL PLATFORM THAT BOOSTED BLACK VOTER ENGAGEMENT THROUGH LOCAL, STATE, AND NATIONAL OUTREACH. THROUGH A MIX OF DIGITAL TOOLS AND NEW MEDIA, THIS TOOL ALLOWS VOLUNTEERS TO ENGAGE WITH BLACK VOTERS AND OTHER VOLUNTEERS. WE ALSO CREATED AND LED CAMPAIGNS THAT MOBILIZED LARGE NUMBERS OF BLACK PEOPLE AND ALLIES TO ASSERT THEIR POLITICAL POWER TO END VOTER INTIMIDATION AND FIGHT VOTER SUPPRESSION POLICIES, INCLUDING VOTER ID LAWS.

Expenses $3,060,051
CULTURE AND MEDIA ENGAGEMENT:COLOR OF CHANGE 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.

Expenses $2,040,032
TRAINING AND ORGANIZING:WE TRAINED LOCAL LEADERS ON THE BASICS OF EFFECTIVE DIGITAL CAMPAIGNING FOR RACIAL JUSTICE AS A WAY TO SHARPEN CAMPAIGNING STRATEGIES, AMPLIFY THEIR COMMUNITY ORGANIZING EFFORTS, AND BOOST INDIVIDUAL FUNDRAISING TOTALS. WE INTRODUCED THEM TO ORGANIZEFOR AND DEMONSTRATED HOW THEY COULD USE THE PLATFORM TO LAUNCH REAL WORLD CHANGE WORK AND ACTIVATE COMMUNITY MEMBERS TO TAKE ACTION; THE ORGANIZEFOR" PLATFORM CENTERS WOMEN, MILLENNIALS, AND YOUTH ORGANIZING GROUPS THROUGH OUTREACH AND TRAINING; SIMULTANEOUSLY STRENGTHENING THE DIGITAL INFRASTRUCTURE AND EARNED MEDIA CAPACITY OF BLACK-LED NONPARTISAN ORGANIZATIONS WORKING ON VOTING RIGHTS.

Expenses $1,657,526
CRIMINAL JUSTICE:COLOR OF CHANGE 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 WORKED ON RAPID RESPONSE EDUCATION CAMPAIGNS TO SHED LIGHT ON THE HEALTH CRISIS WITHIN OUR PRISON SYSTEM DUE TO THE PANDEMIC. WE WORK TO END UNJUST PRACTICES ON SOCIAL MEDIA PLATFORMS THAT PROMOTE MISINFORMATION AND DISINFORMATION IN BLACK COMMUNITIES, ENSURE REGULATION OF AI AND NEW TECHNOLOGY, AND PROTECT NET NEUTRALITY. WE ADVOCATE FOR ECONOMIC POLICIES TO STATE AND FEDERAL ELECTED OFFICIALS THAT ADVANCE ECONOMIC OPPORTUNITIES AND PROTECT PROGRAMS THAT IMPACT BLACK COMMUNITIES.

Expenses $1,320,576 · Revenue $1,077,514
MEDIA, DEMOCRACY AND ECONOMIC JUSTICE:COLOR OF CHANGE'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 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 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.

Expenses $3,917,126

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Alexis McGill JohnsonALEXIS MCGILL JOHNSON

BOARD MEMBER

Total calculated

$0

Hours/week

2
Amanda Brown LiermanAMANDA BROWN LIERMAN

BOARD MEMBER

Total calculated

$0

Hours/week

2
Andre BanksANDRE BANKS

OUTGOING BOARD CHAIR

Total calculated

$0

Hours/week

2
Ian FullerIAN FULLER

TREASURER

Total calculated

$0

Hours/week

2 + 2 related
Jennifer StoweJENNIFER STOWE

BOARD MEMBER

Total calculated

$0

Hours/week

2
Rashad RobinsonRASHAD ROBINSON

PRESIDENT (THRU 12/24)

Total calculated

$522,327

From this org

$0

From related orgs

$499,189

Other

$23,138

Hours/week

20 + 20 related

Schedule J breakdown matched by us

Base

$0 + $499,189 related

Bonus

$0

Other

$0

Deferred

$0 + $9,400 related

Nontaxable benefits

$0 + $13,738 related

Filer's total

$0 + $522,327 related
Sarah WilliamsSARAH WILLIAMS

BOARD MEMBER

Total calculated

$0

Hours/week

2
Stacey LeytonSTACEY LEYTON

BOARD MEMBER

Total calculated

$0

Hours/week

2
Tricia RoseTRICIA ROSE

INTERIM BOARD CHAIR

Total calculated

$0

Hours/week

2
Wayne JordanWAYNE JORDAN

BOARD MEMBER

Total calculated

$0

Hours/week

2
Portia Allen-KylePORTIA ALLEN-KYLE

INTERIM ED (FROM 1/25)

Total calculated

$295,178

From this org

$0

From related orgs

$272,849

Other

$22,329

Hours/week

20 + 20 related

Schedule J breakdown matched by us

Base

$0 + $272,849 related

Bonus

$0

Other

$0

Deferred

$0 + $8,591 related

Nontaxable benefits

$0 + $13,738 related

Filer's total

$0 + $295,178 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3: COLOR OF CHANGE.ORG EDUCATION FUND IS RELATED TO COLOROFCHANGE.ORG WHOSE INDEPENDENT MEMBERS OF THE BOARD, WITHOUT THE PRESIDENT'S PARTICIPATION, DO A COMPENSATION REVIEW AS PART OF THE PRESIDENT'S YEARLY PERFORMANCE EVALUATION. THEY EXAMINE PUBLISHED DATA ON NON-PROFIT SALARIES TO DETERMINE COMPARABLE COMPENSATION LEVELS. THE RESULTS OF THE REVIEW ARE THEN DISCUSSED WITH THE PRESIDENT AND A FINAL COMPENSATION RECOMMENDATION IS APPROVED BY THE BOARD OF DIRECTORS.
PART II, LINE 1:: DUE TO THE NATURE OF THE ORGANIZATION'S MISSION, THE ORGANIZATION AND THE PRESIDENT HAVE BEEN EXPOSED TO AN INCREASE IN SECURITY THREATS. CONCERNS ABOUT THE PHYSICAL WELL BEING OF THE PRESIDENT DUE TO HIS POSITION AT THE ORGANIZATION AND HIS PUBLIC EXPOSURE RESULTED IN AN UNANIMOUS DECISION OF THE BOARD OF DIRECTORS TO SECURE HOUSING THAT PROVIDES ELEVATED SECURITY MEASURES. THE SAFEGUARD OF THE PRESIDENT'S HOUSING INCLUDES A LEASE SIGNED BY THE ORGANIZATION AS IN-KIND. AS A RESULT, THE COST OF THE APARTMENT IS FACTORED INTO THE PRESIDENT'S OVERALL COMPENSATION ON LINE (1).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

COLOROFCHANGEORG

501(C)(4) · STRENGTHEN THE VOICE OF BLACK AMERICANS · CA
COLOROFCHANGE PAC

527 · VOTER TURNOUT USING DIGITAL STRATEGIES · CA

Provenance

Return type: form_990
Tax year: 2024
Filed: 15 July 2026
IRS schema version: 2024v5.5
Source object: 202611979349301956

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