NonprofitsColorwave Project Inc

Education

Colorwave Project Inc

BERKELEY, CA

Total revenue

$450K

Total expenses

$580K

Net assets

$33K

Grants received

$198K

7 grants

EIN

854072043

Tax year

2024

Mission

The Colorwave Project, Inc. dba Colorwave is organized and operated for educational purposes for underrepresented professionals in the startup and high-growth business sector. Our organization leads an eight-week leadership program to help educate, support and train underrepresented, primarily low-income, first-generation professionals on how America's startup and high-growth business sector works, how to attain jobs within the industry, and gain financial security through employment and entrepreneurship.

Financials

FY 2024

Revenue

Contributions & grants$450K
Program service revenue
Investment income
Other revenue
Total revenue$450K

Expenses

Grants paid
Salaries & benefits$384K
Fundraising$2K
Other expenses$196K
Total expenses$580K
Total assets$36K
Net assets$33K

People

10 listed

NameRoleCompensation

John Roussel

CEO

Board

$108K

40 hrs/wk

Leandrew Robinson

President

Board

2 hrs/wk

Joey Zwillinger

Vice President

Board

2 hrs/wk

Josh Fisher

Treasurer

Board

2 hrs/wk

David Stark

Secretary

Board

2 hrs/wk

Sadasia McCutchen

Board Member

Board

2 hrs/wk

Jose Lopez

Board Member

Board

2 hrs/wk

Lena McAfee Young

Board Member

Board

2 hrs/wk

Lorenzo Castillo

Chief Impact Officer

Staff

$121K

40 hrs/wk

Sasha Mack

Director of Partnerships & Marketing

Staff

$96K

40 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$2K
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$3K
GENERAL OPERATING SUPPORT
2023
$100K
For grant recipient's exempt purposes
2022

Funded by

$198K from 4 funders · 7 grants · 2021–2024

Donor Advised Charitable Giving Inc

$68K · 3 grants · 2021–2023

Jpmorgan Chase Foundation

$5K · 2 grants · 2023–2024

Details

EIN854072043
NTEE codeB90
Subsection03
Ruling date2021-05
Formed2021
Employees3
Volunteers53
COLORWAVE PROJECT INC — Mission, Financials & Grants Received | Grantivo