The Broad Center

Los Angeles, CA
Tax-exempt since Sept. 2006
EIN: 20-2692176

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This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Adult, Continuing Education (NTEE)

Details

According to its Dec. 2021 tax filing, this nonprofit:

Operated a school

Organization is a school. Details are reported on Schedule E.

Revenue

$373k (2021)

Expenses

$2.99M (2021)

Total Assets

$0 (2021)

Total Liabilities

$0 (2021)

Source: Form 990 tax filings from 2010 to 2021

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2021

Revenue

$372,711

Expenses

$2,993,064

Net Income

-$2,620,353

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$300,000	80.5%
Program Services	$0
Investment Income	$178	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$72,533	19.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$613,938	20.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$709,701	23.7%

Assets/Debt
Total Assets	$0
Total Liabilities	$0
Net Assets	$0

Operated a school

Compensation

Key Employees and Officers	Compensation	Related	Other
Becca Bracy (Executive Director)	$480,000	$0	$17,008
Chaka A Booker (Managing Director (Part Year))	$405,000	$0	$7,638
Andrew L Stern (Director, Chair)	$0	$0	$0
Gerun Riley (Treasurer, Secretary)	$0	$0	$0
Barry Munitz (Director (Part Year))	$0	$0	$0
Fidel Vargas (Director (Part Year))	$0	$0	$0
Jose A Gomez (Director (Part Year))	$0	$0	$0
Nike Irvin (Director (Part Year))	$0	$0	$0
Paymon Rouhanifard (Director (Part Year))	$0	$0	$0
Sherry Lansing (Director (Part Year))	$0	$0	$0
Solomon D Trujillo (Director (Part Year))	$0	$0	$0

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990

Filed on Nov. 9, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2020

Revenue

$10,084,361

Expenses

$9,089,058

Net Income

$995,303

Net Assets

$3,368,579

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$10,000,000	99.2%
Program Services	$0
Investment Income	$7,209	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$69,652	0.7%
Net Inventory Sales	$0
Other Revenue	$7,500	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$662,378	7.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,354,769	36.9%

Assets/Debt
Total Assets	$3,813,633
Total Liabilities	$445,054
Net Assets	$3,368,579

Operated a school

Compensation

Key Employees and Officers	Compensation	Related	Other
Becca Bracy Knight (Executive Director)	$320,000	$0	$36,081
Chaka A Booker (Managing Dir., Alumni And Network)	$279,595	$0	$25,702
Krupa D Desai (Managing Dir., The Broad Residency)	$257,046	$0	$30,933
Hoa Truong (Managing Dir., The Broad Academy)	$251,767	$0	$31,336
Andrea Foggy Paxton (Managing Dir., Ptnr Strategy And Ani)	$208,697	$0	$54,234
Phuong Vuong (Sr Dir., Alumni & Network Impact)	$205,208	$0	$57,484
Rakhee Patel (Senior Dir., Data, Research, Eval.)	$192,236	$0	$47,026
Paymon Rouhanifard (Director)	$1,000	$0	$0
Andrew L Stern (Director, Chair)	$0	$0	$0
Barry Munitz (Director, Vice Chair)	$0	$0	$0
Nike Irvin (Director, Sec./Treas.)	$0	$0	$0
Sherry Lansing (Director)	$0	$0	$0
Solomon D Trujillo (Director)	$0	$0	$0
Jose A Gomez (Director)	$0	$0	$0
Gerun Riley (Director)	$0	$0	$0
Fidel Vargas (Director)	$0	$0	$0

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990

Filed on Nov. 3, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2019

Revenue

$13,132,904

Expenses

$13,846,438

Net Income

-$713,534

Net Assets

$2,572,216

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$13,025,400	99.2%
Program Services	$0
Investment Income	$57,039	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$50,465	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$664,229	4.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,694,203	26.7%

Assets/Debt
Total Assets	$3,205,701
Total Liabilities	$633,485
Net Assets	$2,572,216

Operated a school

Compensation

Key Employees and Officers	Compensation	Related	Other
Becca Bracy Knight (Executive Director)	$327,500	$0	$33,585
Chaka A Booker (Managing Dir., Launch Team)	$277,500	$0	$25,644
Andrea Foggy Paxton (Managing Dir., Ptnr Strategy & Ani)	$204,000	$0	$25,295
Hoa Truong (Managing Dir., The Broad Academy)	$199,600	$0	$25,134
Krupa D Desai (Managing Dir., The Broad Residency)	$199,000	$0	$25,127
Rakhee Patel (Senior Dir., Data, Research, Eval.)	$172,350	$0	$28,709
Erik Fried (Senior Dir., Partner Strategy)	$158,150	$0	$14,850
Paymon Rouhanifard (Director)	$9,250	$0	$0
Andrew L Stern (Director, Chair)	$0	$0	$0
Barry Munitz (Director, Vice Chair)	$0	$0	$0
Nike Irvin (Director, Sec./Treas.)	$0	$0	$0
Sherry Lansing (Director)	$0	$0	$0
Solomon D Trujillo (Director)	$0	$0	$0
Jose A Gomez (Director)	$0	$0	$0
Gerun Riley (Director)	$0	$0	$0
Fidel Vargas (Director)	$0	$0	$0

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990

Filed on Nov. 11, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2018

Revenue

$15,637,529

Expenses

$15,610,055

Net Income

$27,474

Net Assets

$3,309,061

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$15,500,000	99.1%
Program Services	$0
Investment Income	$71,988	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$65,541	0.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$636,915	4.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$4,225,566
Total Liabilities	$916,505
Net Assets	$3,309,061

Operated a school

Compensation

Key Employees and Officers	Compensation	Related	Other
Becca Bracy Knight (Executive Director)	$315,000	$0	$32,450
Chaka A Booker (Managing Dir., Alumni/Network Impact)	$265,000	$0	$24,465
Hoa Truong (Managing Dir., The Broad Academy)	$194,700	$0	$24,638
Krupa D Desai (Managing Dir., The Broad Residency)	$193,500	$0	$23,570
Andrea Foggy Paxton (Managing Dir., Partner Strategy)	$193,500	$0	$35,242
Rakhee Patel (Senior Dir., Data, Research, Eval.)	$166,650	$0	$27,311
Stephanie A Germeraad (Senior Dir, Communications Part Yr)	$158,094	$0	$7,583
Andrew L Stern (Director, Chair)	$0	$0	$0
Barry Munitz (Vice Chair)	$0	$0	$0
Russlynn Ali (Director, Sec./Treas. Part Year)	$0	$0	$0
Kent Kresa (Director Part Year)	$0	$0	$0
Sherry Lansing (Director)	$0	$0	$0
Bruce Reed (Director Part Year)	$0	$0	$0
Solomon D Trujillo (Director)	$0	$0	$0
Jay S Wintrob (Director Part Year)	$0	$0	$0
Jose A Gomez (Director)	$0	$0	$0
Nike Irvin (Director, Sec./Treas.)	$0	$0	$0
Gerun Riley (Director)	$0	$0	$0
Fidel Vargas (Director)	$0	$0	$0

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990

Filed on Nov. 15, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2017

Revenue

$13,424,190

Expenses

$15,447,465

Net Income

-$2,023,275

Net Assets

$3,351,408

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$13,000,000	96.8%
Program Services	$0
Investment Income	$36,360	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$444,356	3.3%
Net Inventory Sales	$0
Other Revenue	-$56,526

Notable Expenses		Percent of Total Expenses
Executive Compensation	$625,919	4.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,662,913	23.7%

Assets/Debt
Total Assets	$4,135,442
Total Liabilities	$784,034
Net Assets	$3,351,408

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2016

Revenue

$13,288,980

Expenses

$13,819,617

Net Income

-$530,637

Net Assets

$5,795,488

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$13,800,000	> 100%
Program Services	$0
Investment Income	$9,082	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	-$520,102

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,320,425	9.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,423,011	17.5%

Assets/Debt
Total Assets	$6,588,888
Total Liabilities	$793,400
Net Assets	$5,795,488

Operated a school

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Becca Bracy Knight (Executive Director, Direct)	$292,924	$0	$35,055
Booker Chaka (Managing Dir., Residency)	$251,440	$0	$23,245
Germeraad Stephanie (Senior Dir, Communications)	$170,139	$0	$22,554
Foggy Paxton Andrea (Senior Dir, System Leader)	$165,240	$0	$27,888
Truong Hoa (Senior Dir., Resident Develop)	$165,240	$0	$20,737
Terry Marc (Senior Dir., Acad. Recruit)	$146,001	$0	$13,051
Heitz Christina (Managing Dir, Academy)	$133,240	$0	$5,582
Barry Munitz (Vice Chair)	$0	$0	$0
Russlyn Ali (Director, Sec./Treas.)	$0	$0	$0
Bruce Reed (Director)	$0	$0	$0
Andrew Stern (Director, Chair)	$0	$0	$0
Kent Kresa (Director)	$0	$0	$0
Sherry Lansing (Director)	$0	$0	$0
Solomon Trujillo (Director)	$0	$0	$0
Jay Wintrob (Director)	$0	$0	$0

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990

Filed on Nov. 7, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2015

Revenue

$4,472,198

Expenses

$12,838,489

Net Income

-$8,366,291

Net Assets

$6,078,391

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$4,000,000	89.4%
Program Services	$0
Investment Income	$664	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$479,172	10.7%
Net Inventory Sales	$0
Other Revenue	-$7,638

Notable Expenses		Percent of Total Expenses
Executive Compensation	$728,774	5.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,945,097	22.9%

Assets/Debt
Total Assets	$7,050,807
Total Liabilities	$972,416
Net Assets	$6,078,391

Operated a school

Compensation

Key Employees and Officers	Compensation	Related	Other
Becca Bracy Knight (Executive Director, Direct)	$260,894	$0	$42,241
Heitz Christina (Managing Dir, Academy)	$246,440	$0	$22,795
Booker Chaka (Managing Dir., Residency)	$221,440	$0	$20,545
Germeraad Stephanie (Senior Dir, Communications)	$167,294	$0	$24,466
Foggy Paxton Andrea (Senior Dir, System Leader Support)	$160,240	$0	$31,988
Terry Marc (Senior Dir., Acad. Recruit)	$159,240	$0	$24,016
Truong Hoa (Director, Broad Residency)	$149,990	$0	$20,115
Montoya Michael (Senior Director, Broad Aca)	$144,240	$0	$26,911
Paul Pastorek (Chairman)	$0	$0	$0
Barry Munitz (Vice Chair)	$0	$0	$0
Richard Barth (Sec/Treas, Director)	$0	$0	$0
Russlyn Ali (Director)	$0	$0	$0
Harold Ford Jr (Director)	$0	$0	$0
Lou Gerstner Jr (Director)	$0	$0	$0
Dan Katzir (Director)	$0	$0	$0
Wendy Kopp (Director)	$0	$0	$0
Bruce Reed (Director)	$0	$0	$0
Michelle Rhee (Director)	$0	$0	$0
Mark Roosevelt (Director)	$0	$0	$0
Andrew Stern (Director)	$0	$0	$0
Lawrence Summers (Director)	$0	$0	$0

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990

Filed on Nov. 7, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2014

Revenue

$13,871,560

Expenses

$13,004,592

Net Income

$866,968

Net Assets

$15,044,278

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$12,250,000	88.3%
Program Services	$0
Investment Income	$733	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,555,300	11.2%
Net Inventory Sales	$0
Other Revenue	$65,527	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$690,912	5.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,228,353	24.8%

Assets/Debt
Total Assets	$16,123,828
Total Liabilities	$1,079,550
Net Assets	$15,044,278

Operated a school

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Becca Bracy Knight (Executive Director, Direct)	$245,432	$0	$40,894
Heitz Christina (Managing Dir, Academy)	$235,240	$0	$52,733
Booker Chaka (Managing Dir., Residency)	$210,240	$0	$41,389
Dan Katzir (Director; Consultant)	$178,000	$0	$0
Germeraad Stephanie (Senior Dir, Communications)	$162,702	$0	$23,235
Terry Marc (Senior Dir., Acad. Recruit)	$157,240	$0	$23,738
Pachnanda Yasmin (Director, Network Services)	$155,240	$0	$22,353
Truong Hoa (Director, Broad Residency)	$144,490	$0	$19,384
Everett Niko (Senior Director, Broad Academy)	$143,270	$0	$14,129
Paul Pastorek (Chairman)	$0	$0	$0
Barry Munitz (Vice Chair)	$0	$0	$0
Richard Barth (Sec/Treas, Director)	$0	$0	$0
Russlyn Ali (Director)	$0	$0	$0
Harold Ford Jr (Director)	$0	$0	$0
Lou Gerstner Jr (Director)	$0	$0	$0
Wendy Kopp (Director)	$0	$0	$0
Bruce Reed (Director)	$0	$0	$0
Michelle Rhee (Director)	$0	$0	$0
Mark Roosevelt (Director)	$0	$0	$0
Andrew Stern (Director)	$0	$0	$0
Lawrence Summers (Director)	$0	$0	$0

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990

Filed on Nov. 6, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2013

Revenue

$389,832

Expenses

$11,772,769

Net Income

-$11,382,937

Net Assets

$15,277,852

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$441,450	> 100%
Program Services	$0
Investment Income	$1,354	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	-$52,972

Notable Expenses		Percent of Total Expenses
Executive Compensation	$648,720	5.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,629,026	22.3%

Assets/Debt
Total Assets	$15,851,564
Total Liabilities	$573,712
Net Assets	$15,277,852

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2012

Revenue

$10,042,095

Expenses

$11,937,934

Net Income

-$1,895,839

Net Assets

$26,253,866

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$9,873,501	98.3%
Program Services	$0
Investment Income	$186	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$168,408	1.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,043,877	25.5%

Assets/Debt
Total Assets	$26,696,848
Total Liabilities	$442,982
Net Assets	$26,253,866

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2011

Revenue

$6,174,163

Expenses

$10,376,614

Net Income

-$4,202,451

Net Assets

$25,423,783

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,236,359	36.2%
Program Services	$0
Investment Income	$3,240	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$3,934,564	63.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$755,864	7.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,576,342	15.2%

Assets/Debt
Total Assets	$25,683,732
Total Liabilities	$259,949
Net Assets	$25,423,783

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2010

Revenue

$9,201,582

Expenses

$9,111,771

Net Income

$89,811

Net Assets

$31,328,094

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$6,316,447	68.6%
Program Services	$0
Investment Income	$5,486	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,879,649	31.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$606,785	6.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,447,150	15.9%

Assets/Debt
Total Assets	$31,548,341
Total Liabilities	$220,247
Net Assets	$31,328,094

990

Primary tax return for a nonprofit’s activities, finances, and governance

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The Broad Center

Organization summary

Organization summary might be incomplete or out of date

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $373k (2021)

Expenses $2.99M (2021)

Total Assets $0 (2021)

Total Liabilities $0 (2021)

Tax Filings by Year

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

990-T

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

990-T

Fiscal Year Ending Dec. 2012

Revenue

$373k (2021)

Expenses

$2.99M (2021)

Total Assets

$0 (2021)

Total Liabilities

$0 (2021)

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005