Dev Color
- Assets
- $885.3k
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 4
- Location
- San Francisco, CA
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 47-4199476
Organization Overview
Dev Color is located in San Francisco, CA. The organization was established in 2015. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2022, Dev Color employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dev Color is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Dev Color generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 56.3% each year . All expenses for the organization totaled $3.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER BLACK SOFTWARE ENGINEERS TO HELP ONE ANOTHER GROW INTO INDUSTRY LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH TARGETED PROGRAMS FOR BOTH OUR FOUNDER AND TECHNICAL MEMBER COMMUNITIES, WE EQUIP OURSELVES WITH THE PROFESSIONAL DEVELOPMENT, PEER-TO-PEER ACCOUNTABILITY AND SUPPORT, AND INDUSTRY EXPERT PERSPECTIVES TO ADVANCE OUR INDIVIDUAL CAREERS AND BLACK-LED VENTURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhonda Allen CEO | Officer | 40 | $358,276 |
Brian Mariner Chairman | OfficerTrustee | 1 | $0 |
Nick Caldwell Secretary | OfficerTrustee | 1 | $0 |
Aston Motes Treasurer | OfficerTrustee | 1 | $0 |
Damien Peters Board Member | Trustee | 1 | $0 |
Aneesha Raines Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,567,331 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,567,331 |
| Total Program Service Revenue | $237,151 |
| Investment income | $22 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$24,085 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,780,419 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $358,276 |
| Compensation of current officers, directors, key employees. | $53,742 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $187,197 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,144 |
| Payroll taxes | $29,854 |
| Fees for services: Management | $64,718 |
| Fees for services: Legal | $331 |
| Fees for services: Accounting | $61,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $902,554 |
| Advertising and promotion | $0 |
| Office expenses | $16,884 |
| Information technology | $69,888 |
| Royalties | $0 |
| Occupancy | $15,746 |
| Travel | $77,927 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,453 |
| Insurance | $3,878 |
| All other expenses | $232,090 |
| Total functional expenses | $3,200,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $767,994 |
| Savings and temporary cash investments | $39,739 |
| Pledges and grants receivable | $51,421 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,946 |
| Net Land, buildings, and equipment | $15,253 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $951 |
| Total assets | $885,304 |
| Accounts payable and accrued expenses | $20,811 |
| Grants payable | $0 |
| Deferred revenue | $15,231 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,351 |
| Total liabilities | $39,393 |
| Net assets without donor restrictions | $845,911 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $885,304 |