EDUCATION LEADERS OF COLOR INC (EIN 812253548) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

SHARHONDA BOSSIER

Phone

8314198415

Tax Period

2024-01-01 to 2024-12-31

EDUCATION LEADERS OF COLOR INC, founded in 2016, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.8M in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $5.1M left a modest 11% surplus.

Mission

ENSURE YOUNG PEOPLE OF COLOR HAVE THE OPPORTUNITIES TO BUILD GENERATIONAL WEALTH AND THRIVE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,770,092

Program Service Revenue $725,522

Investment Income $278,321

Other Revenue $0

TOTAL REVENUE $5,773,935

Expense Breakdown

Grants Paid $175,000

Salaries & Benefits $1,903,097

Fundraising Expenses $86,932

Program Expenses $4,441,508

Other Expenses $3,042,197

TOTAL EXPENSES $5,120,294

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,773,935	$3,001,846	+0.9%
Expenses	$5,120,294	$6,001,822	-0.1%
Net Income	$653,641	$-2,999,976	-1.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

763

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$303,927

Total Directors

Key Employees

$532,183

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY GUTIERREZ	CHAIR	2.00	Officer Director	$0	$0	$0
DERONDA WILLIAMS	TREASURER	2.00	Officer Director	$0	$0	$0
SONYA ANDERSON	DIRECTOR	2.00	Director	$0	$0	$0
TOMMY CHANG	DIRECTOR	2.00	Director	$0	$0	$0
DINAH CONSUEGRA	DIRECTOR	2.00	Director	$0	$0	$0
RAQUEL DONOSO	DIRECTOR	2.00	Director	$0	$0	$0
VINICE DAVIS	DIRECTOR	2.00	Director	$0	$0	$0
ALMA MARQUEZ	DIRECTOR	2.00	Director	$0	$0	$0
ANA PONCE	DIRECTOR	2.00	Director	$0	$0	$0
SHARHONDA BOSSIER	CHIEF EXECUTIVE OFFICER	40.00	Officer	$285,797	$18,130	$303,927
HEATHER HARDING	EXECUTIVE IN RESIDENCE	40.00	Key Emp	$292,669	$29,376	$322,045
ANDREA FOGGY-PAXTON	ENTREPRENEUR IN RESIDENCE	40.00	Key Emp	$200,138	$10,000	$210,138
ANGELICA SOLIS-MONTERO	CHIEF POLICY OFFICER	40.00	Highest	$173,346	$40,306	$213,652
SARAH WINSHEL	DIR. OF OPERATIONS & SPECIAL PROJECTS	40.00	Highest	$137,903	$4,807	$142,710
JESSICA RHAU	SENIOR DIR. STRATEGY & PROGRAMS	40.00	Highest	$232,345	$10,612	$242,957
LESLEY MORENO	NETWORK OPERATIONS	40.00	Highest	$119,350	$0	$119,350

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$5,773,935	$5,120,294	$12,932,668	$653,641
2023	$3,001,846	$6,001,822	$12,290,325	$-2,999,976
2022	$7,018,957	$5,958,694	$14,796,496	$1,060,263
2021	$11,143,423	$3,232,183	$14,016,932	$7,911,240
2020	$5,172,182	$3,062,081	$6,387,727	$2,110,101
2019	$1,917,108	$2,536,877	$4,514,376	$-619,769
2018	$3,904,555	$2,426,151	$4,835,217	$1,478,404

EDUCATION LEADERS OF COLOR INC