The Broad Center

Los Angeles, CAUnknown exempt organizationEIN 20-2692176

Our mission is to raise student achievement by recruiting, training and supporting leadership talent from across america to transform urban school systems.

56¢ of each $1 spent went to programs.
Run by 9 volunteers and 20 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $813K a year · 16% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
56%
of spending
Worth a look: 56% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$885K
to officers and key staff · 30% of spending
Worth a look: pay to officers and key staff is 30% of spending; over 20%.
Pt VII · Sec A
Named funders
1
named funder · $300K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$373K
-96% vs prior year
Spent
$3.0M
To programs
56%
Net assets
$0
By yearFY2020–FY2021
Revenue
$373K
FY2021▼ -96%
Revenue by fiscal year
FY2020$10.1M
FY2021$373K
Expenses
$3.0M
FY2021▼ -67%
Expenses by fiscal year
FY2020$9.1M
FY2021$3.0M
Net assets
$0
FY2021▼ -100%
Net assets by fiscal year
FY2020$3.4M
FY2021$0

From the FY2021 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

56 cents of each dollar spent went to programs.

Program services 56% · $1.7M Management & general 44% · $1.3M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

11 people listed on the 990; $885K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$480,000Pt VII · Sec A
Managing Director (part Year)
$405,000Pt VII · Sec A
Director, Chair
$0Pt VII · Sec A
Treasurer, Secretary
$0Pt VII · Sec A
Director (part Year)
$0Pt VII · Sec A
Director (part Year)
$0Pt VII · Sec A
Director (part Year)
$0Pt VII · Sec A
Director (part Year)
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2021FY2020
Becca Bracy$480,000—
Chaka a Booker$405,000$279,595
Becca Bracy Knight—$320,000
Krupa D Desai—$257,046
Hoa Truong—$251,767
Andrea Foggy-Paxton—$208,697
Phuong Vuong—$205,208
Rakhee Patel—$192,236

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Broad Center executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Recruits and trains leaders nationwide to improve urban schools.

Provided by the organization

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3 program services account for $1.7M of program spending, described in the organization's own filed words · FY2021.
01

The broad residency is a leadership development program that trains emerging leaders for senior management positions in large urban school systems in addition to placing qualified participants into full-time high-level managerial positions in school districts, charter management organizations, and FEDERAL/STATE departments of education.

$953Kprogram expense
02

Alumni & network impact is a program that has emerged from both the broad residency and the broad academy to provide services designed to strengthen and leverage the center's growing network of participants and alumni.

$692Kprogram expense
03

The broad academy is an advanced development program that identifies and prepares experienced leaders to successfully transform urban public education systems.

$17Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2021
Total grants receivedfrom 1 funder$300K
Grants paid · 69 grants · $1.5M · 2020–2021
Palm Beach County SchoolsFY2021$38,743
School District of PhiladelphiaFY2021$36,000
Tulsa Public SchoolsFY2021$27,000
Charlotte Mecklenburg SchoolsFY2021$27,000
Chicago Public SchoolsFY2021$19,500
School District of Hillsborough CountyFY2021$18,800
Kipp Texas INCTX · FY2021$18,500
Kipp NashvilleTN · FY2021$18,500
Texas Education AgencyFY2021$10,000
Office of the State Superintendent DCFY2021$10,000
Massachusetts Department of Elementary & Secondary EducationFY2021$10,000
Henry County SchoolsFY2021$10,000
Achievement First INCCT · FY2021$10,000
Rocketship EducationCA · FY2021$9,500
See all 69 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$373K
Ln 12
Gifts and grantsLn 1h$300K
Other incomeLn 4–11$73K
Investment incomeLn 3$178
Money outPt IX
$3.0M
Ln 25
Programscol B$1.7M
Managementcol C$1.3M
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$300K
Investment incomeLn 3$178
Other incomeLn 4–11$73K
Total revenueLn 12$373K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 520
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$3.0M$0
InvestmentsLn 11–13$676K$0
Land, buildings, equipmentLn 10c$2K$0
Total assetsLn 16$3.8M$0
LiabilitiesLn 26$445K$0
Net assetsLn 32$3.4M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$376K$376K
Pay of current officers, directors and key staffLn 5$614K$278K$336K
Other salaries and wagesLn 7$710K$561K$149K
Pension plan contributionsLn 8$7K$6K$91
Other employee benefitsLn 9$20K$15K$5K
Payroll taxesLn 10$64K$51K$14K
Management feesLn 11a$275K$275K
Legal feesLn 11b$31K$31K
Other fees for servicesLn 11g$123K$113K$10K
Office expensesLn 13$11K$6K$4K
Information technologyLn 14$61K$10K$51K
OccupancyLn 16$416K$416K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$36K$7K$29K
Other expenses (24a–d)Ln 24$248K$240K$8K
All other expensesLn 24e$10$10
Total functional expensesLn 25$3.0M$1.7M$1.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $373K$3.0M−$2.6M$0 990 PDF
FY2020 $10.1M$9.1M$995K$3.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $372,711 across 5 lines filed
VIII-1f All other contributions, gifts and grants$300,000
VIII-1h Total contributions, gifts and grants$300,000
VIII-3 Investment incomeExcluded from tax $178$178
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $72,533$72,533
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $72,711$372,711
Part IX · Statement of functional expenses $2,993,064 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $375,793$375,793
IX-5 Pay of current officers, directors and key staffPrograms $277,638 · Management $336,300$613,938
IX-7 Other salaries and wagesPrograms $560,773 · Management $148,928$709,701
IX-8 Pension plan contributionsPrograms $6,431 · Management $91$6,522
IX-9 Other employee benefitsPrograms $14,846 · Management $4,694$19,540
IX-10 Payroll taxesPrograms $50,547 · Management $13,685$64,232
IX-11a Management feesManagement $275,257$275,257
IX-11b Legal feesManagement $31,248$31,248
IX-11g Other fees for servicesPrograms $112,914 · Management $10,298$123,212
IX-13 Office expensesPrograms $6,351 · Management $4,271$10,622
IX-14 Information technologyPrograms $9,994 · Management $50,691$60,685
IX-16 OccupancyManagement $416,357$416,357
IX-22 Depreciation, depletion and amortizationManagement $1,835$1,835
IX-23 InsurancePrograms $6,688 · Management $29,397$36,085
IX-24 Other expenses (24a–d)Programs $240,459 · Management $7,568$248,027
IX-24e All other expensesManagement $10$10
IX-25 Total functional expensesPrograms $1,662,434 · Management $1,330,630 · Fundraising $0$2,993,064
Part X · Balance sheet $0 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $78,053$0
X-2 Savings and temporary cash investmentsStart of year $2,950,817$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $42$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $106,610$0
X-10c Land, buildings and equipment, netStart of year $1,835$0
X-11 Publicly traded securities$0
X-12 Other securitiesStart of year $676,276$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $3,813,633$0
X-17 Accounts payable and accrued expensesStart of year $334,843$0
X-25 Other liabilitiesStart of year $110,211$0
X-26 Total liabilitiesStart of year $445,054$0
X-27 Net assets without donor restrictionsStart of year $3,368,579$0
X-32 Total net assets or fund balancesStart of year $3,368,579$0
X-33 Total liabilities and net assetsStart of year $3,813,633$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$372,711
XI-2 Total expenses$2,993,064
XI-3 Revenue less expenses−$2,620,353
XI-4 Net assets at start of year$3,368,579
XI-5 Net unrealized gains (losses) on investments−$107,760
XI-9 Other changes in net assets−$640,466
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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