Form 990 for tax year 2022

Totals

Total revenue

$7,018,957

Total expenses

$5,958,694

Contributions and grants received

$6,806,680

Grants paid

$1,149,809

Program service revenue

$189,452

Investment income

$22,825

Other revenue

$0

Total assets, end of year

$14,796,496

Total liabilities, end of year

$133,165

Net assets or fund balances, end of year

$14,663,331

Program services expenses (Part IX)

$4,760,325

Management and general expenses

$1,045,736

Fundraising expenses

$152,633

Program service expenses (Part III)

$4,760,325

Program services were 79.9% 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.

Mission and programs · 2022

• 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 2022, 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.

  Expenses $1,282,600 · Grants $999,999

• 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 500 PARTICIPANTS IN 2022, HAVE ALSO FILLED A GAP IN THE FIELD TO NETWORK AND PROVIDE SUPPORT TO VALUES-ALIGNED, DIVERSE LEADERS IN EDUCATION AND RELATED FIELDS.

  Expenses $1,041,319 · Revenue $144,701

• STRATEGYWE HOSTED A SERIES OF CONVERSATIONS IN KEY CITIES ("TURN & TALK" EVENTS) ACROSS THE COUNTRY FOCUSED ON OUR EVOLVED STRATEGY, ETC. THE EQUITY WE HOPE EDUCATION CAN FOSTER IS ONLY POSSIBLE IF WE CONFRONT AND ADDRESS THE SOCIAL AND ECONOMIC CHALLENGES THAT HAVE DISPROPORTIONATELY IMPACTED COMMUNITIES OF COLOR SINCE THIS NATION WAS FOUNDED. THROUGH OUR STRATEGY CONVERSATIONS, WE EXPLORE EDLOC'S EVOLVED VISION AND MORE HOLISTIC APPROACH TO DISMANTLING SYSTEMIC BARRIERS TO THE ACADEMIC AND ECONOMIC SUCCESS OF YOUNG PEOPLE OF COLOR. WE HELP LEADERS MAKE THE CONNECTIONS BETWEEN EDLOC'S WORK AND THEIR OWN PERSONAL JOURNEYS, OBSTACLES AND ALL, TO BECOMING THE LEADERS THEY ARE TODAY. WE DELVE INTO THE POLICY AND CULTURE TENSIONS WE'RE BATTLING TOGETHER -- FROM SUPREME COURT OVERREACH TO IMMIGRATION, RELIGION, SCHOOL ACTIVISM, AND MORE. WE REACHED APPROXIMATELY 300 MEMBERS, FUNDERS, & GUESTS AT 8 CITIES/EVENTS THROUGH OUR TURN & TALK SERIES IN 2022.

  Expenses $640,029

• OTHER PROGRAMS, INCLUDING EXECUTIVE & STAFF SEARCH, NETWORK GROWTH & DEV., POLICY, RECONSTRUCTION, CRITICAL RACE THEORY (SOCIAL STUDIES ACCELERATOR), CONFERENCES, ADVISORY SERVICES, & ADVOCACY. EDLOC 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 SUPPORT AND REFERRAL SERVICES. IN 2022, EDLOC ENGAGED OVER 80 PARTNER ORGANIZATIONS TO POST AND DISSIMINATE OVER 150 JOB AND CAREER OPPORTUNITIES. WE ALSO WORKED WITH PARTNERS TO IDENTIFY AND CONNECT WITH NEARLY 150 SPECIFIC MEMBERS THAT COULD HELP ADVANCE THEIR STRATEGIC OR PROGRAM PRIORITIES.

  Expenses $1,796,377 · Grants $149,810 · Revenue $44,751

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

• ELLA BAKER INSTITUTE INC

  $111,111

  GENERAL OPERATING SUPPORT

• GENERATION HOPE

  $111,111

  GENERAL OPERATING SUPPORT

• BRICK EDUCATION NETWORK

  $111,111

  GENERAL OPERATING SUPPORT

• CAMBIAR EDUCATION

  $111,111

  GENERAL OPERATING SUPPORT

• TOGETHER EDUCATION

  $111,111

  GENERAL OPERATING SUPPORT

• DIVERSITY IN LEADERSHIP INSTITUTE

  $111,111

  GENERAL OPERATING SUPPORT

• THE HIGHLAND PROJECT

  $111,111

  GENERAL OPERATING SUPPORT

• NACA INSPIRED SCHOOLS NETWORK

  $50,000

  GENERAL OPERATING SUPPORT

• FOOD CONNECT CO

  $42,000

  GENERAL OPERATING SUPPORT

• SOMERVILLE EDUCATION FOUNDATION

  $34,810

  GENERAL OPERATING SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type

form_990

Tax year

2022

Filed

11 October 2023

IRS schema version

2022v5.0

Source object

202312989349301881

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.