Colorofchange Org FY2021 filing

Not tax-deductible

New York, NY501(c)(4)Since 2006EIN 20-4496889

Colorofchange.org works to strengthen the voice of black americans and increase the level of accountability and responsiveness of elected officials to underrepresented black constituencies using the internet as a lobbying and communications tool.

60¢ of each $1 spent went to programs.
$2.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $617K a year · 6% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.3M
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
20 mo
of spending, in cash
Looks good: 19.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $2.2M
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.4M
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 12 voting members
Looks good: 11 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$19.1M
Spent
$11.5M
To programs
60%
Net assets
$28.7M
By yearFY2021–FY2024
Revenue
$19.1M
FY2021
Revenue by fiscal year
FY2021$19.1M
FY2023$4.0M
FY2024$6.1M
FY2024$5.3M
Expenses
$11.5M
FY2021
Expenses by fiscal year
FY2021$11.5M
FY2023$11.6M
FY2024$4.3M
FY2024$5.3M
Net assets
$28.7M
FY2021
Net assets by fiscal year
FY2021$28.7M
FY2023$17.5M
FY2024$20.1M
FY2024$19.6M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CColorofchange Org
EINHdr · item D20-4496889
Exempt statusHdr · item I501(c)(4) · active
Ruling yearIRS BMFJun 2006
Year of formationHdr · item L2006
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CNew York, NY
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jcolorofchange.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.37 Fundraising $0.03
Program services60%$6.8M
Management & general37%$4.3M
Fundraising3%$371K
Total functional expensesLn 25$11.5M

Financial health

Is it on solid ground?

Operating surplus
+40%
revenue over expenses
Earned revenue
0.02%
of revenue from program services & dues
Payroll share
43%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$30.1M
FY2021
Total assets by fiscal year
FY2021$30.1M
FY2023$24.1M
FY2024$28.7M
FY2024$24.6M
Total liabilities
$1.4M
FY2021
Total liabilities by fiscal year
FY2021$1.4M
FY2023$6.6M
FY2024$8.5M
FY2024$5.0M
Revenue less expensesPt I · Ln 19$7.6M
Total assetsPt X · Ln 16$30.1M
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 411

Balance Sheet

Part X · end of year
CashLn 1$18.9M
Total assetsLn 16$30.1M
Total liabilitiesLn 26$1.4M
Total net assetsLn 32$28.7M
Months of cash on handcomputed19.8

Statement of Revenue

Part VIII
Contributions & grants100%$19.0M
Program service revenue$4K
Investment income$3K
Other revenue$21K
Total revenueLn 12$19.1M

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $20.1M · Operating expenses/yr $11.5M
21.0 months
Where the money goes
Program services
Program services $6.8M · Total expenses $11.5M
60%
Management & General
Management & general $4.3M · Total expenses $11.5M
37%
Fundraising
Fundraising $371K · Total expenses $11.5M
3%
Cost to raise $1
Fundraising expense $371K · Solicited contributions $19.0M
$0.02 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $19.0M · Total revenue $19.1M
100%
Government reliance
Government grants — · Total revenue $19.1M
—
Earned-income share
Program service revenue $4K · Total revenue $19.1M
0.02%
Investment reliance
Investment income $3K · Total revenue $19.1M
+0.02%
Program self-sufficiency
Program service revenue $4K · Total expenses $11.5M
0.03%
Growth & trend
Revenue growth (YoY)
This year $19.1M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $28.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $19.1M · Expenses $11.5M
+40%
Liabilities-to-Assets
Total liabilities — · Total assets $30.1M
—
Net-asset ratio
Net assets $28.7M · Total assets $30.1M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $323 · Other securities (Pt X, ln 12) $1.2M · Total assets (Pt X, ln 16) $30.1M
4%
People & payroll
Highest Reported Total Compensation
Individual Rashad Robinson · Reported title PRESIDENT · Highest reported compensation $463K · Total expenses $11.5M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $5.0M · Total expenses $11.5M
43%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 60%——
Overhead ratio 37%——
Fundraising cost ratio 2%——
Legal fee ratio 0.7%——
Accounting fee ratio 0.4%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$463,396Pt VII · Sec A
Vice President, Chief of Campaigns
$236,425Pt VII · Sec A
$182,627Pt VII · Sec A
Deputy Chief of Campaigns
$179,094Pt VII · Sec A
Senior Director
$177,265Pt VII · Sec A
SR Political Organizing Director
$158,856Pt VII · Sec A
Senior Campaign Director
$158,706Pt VII · Sec A
Deputy Cfao
$154,841Pt VII · Sec A

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

NameFY2024FY2024FY2023FY2021
Rashad Robinson$499,189$511,283$574,121$463,396
Arisha Hatch——$415,692$236,425
Portia Allen-Kyle$272,849$188,040——
Gilbert Deans——$253,574$154,841
Charles Fields—$250,685——
Uchenna Moka-Solana——$245,766—
Jennifer Edwards——$240,799$158,706
Nicole Taylor$238,360$199,742——

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.

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Governance & Policies

Part VI
  • 12Voting board membersPt VI · Ln 1a
  • 11Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Amplifies Black voices and holds elected officials accountable using online tools.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $5.2M of program spending, described in the organization's own filed words · FY2020.
01

Voting Rights and Democracy

Color of change continued to use 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.

$2.0Mprogram expense
02

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…

$1.9Mprogram expense
03

Criminal Justice

Over the past year, color of change has led partners across the country - organizers, lawyers, policy experts, and communicators - to continue to hold prosecutors accountable and accelerate prosecutor reform on a national level.

$1.3Mprogram 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 · FY2024
Tides AdvocacyFY2024$100K
Total grants receivedfrom 2 funders$2.2M
Grants paid · 5 grants · $1.4M · 2020–2020
Colorofchange PacFY2020$1,300,000
Rusted Spoke Productions LLCFY2020$74,010
Court Watch NolaLA · FY2020$23,500
Race ForwardGA · FY2020$10,000

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $6.1M$4.3M+52% 990 PDF
FY2023 $4.0M$11.6M-79% 990 PDF
FY2022 Not on file
FY2021 Viewing $19.1M$11.5M 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

Full filing: Form 990 for FY2021

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $11,480,137 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $1,422,510$1,422,510
IX-5 Pay of current officers, directors and key staffPrograms $243,218 · Management $235,408 · Fundraising $29,935$508,561
IX-7 Other salaries and wagesPrograms $1,800,378 · Management $1,716,787 · Fundraising $222,862$3,740,027
IX-8 Pension plan contributionsPrograms $23,765 · Management $28,779 · Fundraising $2,667$55,211
IX-9 Other employee benefitsPrograms $168,309 · Management $144,865 · Fundraising $20,982$334,156
IX-10 Payroll taxesPrograms $161,222 · Management $157,954 · Fundraising $19,779$338,955
IX-11b Legal feesManagement $82,616$82,616
IX-11c Accounting feesManagement $46,964$46,964
IX-11g Other fees for servicesPrograms $1,381,302 · Management $684,284 · Fundraising $34,428$2,100,014
IX-12 Advertising and promotionPrograms $111,615 · Management $10,893$122,508
IX-13 Office expensesPrograms $588,623 · Management $242,993 · Fundraising $7,309$838,925
IX-14 Information technologyPrograms $562,139 · Management $298,886$861,025
IX-16 OccupancyPrograms $268,285 · Management $186,445 · Fundraising $29,972$484,702
IX-17 TravelPrograms $6,571 · Management −$2,751$3,820
IX-19 Conferences, conventions and meetingsPrograms $1,655 · Management $5,288$6,943
IX-22 Depreciation, depletion and amortizationPrograms $19,313 · Management $13,881 · Fundraising $2,130$35,324
IX-23 InsurancePrograms $12,120 · Management $17,586 · Fundraising $1,328$31,034
IX-24 Other expenses (24a–d)Programs $66,510 · Management $400,332$466,842
IX-25 Total functional expensesPrograms $6,837,535 · Management $4,271,210 · Fundraising $371,392$11,480,137

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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