Overview
What is Equinox Inc?
Equinox Inc, situated in Albany, New York, is a nonprofit organization dedicated to improving lives and strengthening communities in the capital region. Their human services encompass a wide range of outpatient treatments, including an Article 31 OMH clinic, a Personalized Recovery Oriented Services (PROS) prevention program, and a Health Care Grant Program. These services cater to individuals with mental illness, offering person-centered and trauma-informed care. During 2022, approximately 392 individuals benefited from their services, which included individual or group therapy, medication management, healing and wellness counseling, and limited case management. The organization's mission is to positively impact the community by providing a continuum of human services. As of the provided data, Equinox Inc employs 218 individuals.
Official website here: www.equinoxinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
Equinox Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and financial management. With a perfect score of 100% for having an independent board and a solid 96% in financial oversight, the organization demonstrates a commitment to transparency and ethical governance.
The organization excels in its financial management, showcasing a low liabilities to assets ratio of 41.79%, indicating a healthy financial position. Furthermore, a high program expense ratio of 82.05% suggests that a significant portion of its funding is directed towards its programs rather than administrative costs, enhancing its effectiveness in fulfilling its mission.
No significant limitations or issues were noted in the available data, indicating that Equinox Inc operates with strong governance practices and a focus on delivering impactful services. This level of transparency and fiscal responsibility makes it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Equinox Inc legitimate?
Equinox Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Equinox Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $175,516
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,134,178
For more financial information, click here
Official website here: www.equinoxinc.org
What is the mission statement of Equinox Inc?
Equinox Inc's mission is centered around transforming lives and strengthening communities by providing a continuum of human services. This organization offers a range of outpatient treatment services, including an Article 31 OMH clinic, a Prevention Program for Personalized Recovery Oriented Services (PROS), and a Health Care Grant Program. These services are tailored to individuals with mental illness, offering person-centered and trauma-informed care. In 2022, around 392 individuals benefited from these services, which encompassed individual or group therapy, medication management, healing and wellness counseling, and limited case management.
Official website here: www.equinoxinc.org
Who is the CEO of Equinox Inc?
Kathryn Fletcher is the Chair of Equinox Inc. The CEO's salary of Equinox Inc is $152,246 and their total compensation is $159,386.
Official website here: www.equinoxinc.org
What is the revenue of Equinox Inc?
Equinox Inc's revenue in 2022 was $11,583,739.
Official website here: www.equinoxinc.org
Who are the executives of Equinox Inc and what are their salaries?
The average compensation at Equinox Inc during 2022 was $28,944. There are 218 employees and 900 volunteers at Equinox Inc.
Here are 22 key members and their salaries (Equinox Inc's CEO's salary is $152,246 and their total compensation is $159,386):
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- Compensation: $152,246
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- Compensation: $100,138
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- Other: $4,386
Official website here: www.equinoxinc.org
Where can I find the form 990 for Equinox Inc?
Equinox Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.equinoxinc.org
Learn more at the official website: www.equinoxinc.org
Mission Statement of Equinox Inc
Equinox Inc, a nonprofit organization, strives to transform lives and strengthen communities in the capital region through a comprehensive range of human services. Their mission is centered around providing a continuum of care for individuals battling mental illness. This encompasses various outpatient treatment services, such as an Article 31 OMH clinic, a Personalized Recovery Oriented Services (PROS) Prevention Program, and a Health Care Grant Program. These services are designed to be person-centered and trauma-informed, offering individuals therapy, medication management, healing and wellness counseling, and limited case management. In 2022, approximately 392 individuals benefited from these services, receiving vital support in their recovery journey.
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Impact
October, 2024
Equinox Inc plays a vital role in transforming lives and fortifying communities in the Capital Region. By offering a comprehensive continuum of human services, Equinox addresses the complex needs of individuals facing mental health challenges. Their outpatient treatment services include an Article 31 OMH clinic, a Personalized Recovery Oriented Services (PROS) prevention program, and a healthcare grant initiative, all designed to provide trauma-informed, person-centered care.
In 2022 alone, approximately 392 individuals benefited from their diverse range of services, which include individual and group therapy, medication management, and healing and wellness counseling, along with limited case management. This holistic approach not only assists individuals on their recovery journeys but also contributes to the overall well-being of the community, fostering resilience and support. By prioritizing mental health and well-being, Equinox Inc strengthens the fabric of the Capital Region, creating a more stable and inclusive environment for all.
This information is meant to be a general summary of Equinox Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $116,538
- Program Service Revenue: $6,354,890
- Gross Receipts: $11,648,172
Assets and Liabilities:
- Total Assets: $8,334,470
- Total Liabilities: $3,483,067
- Net Assets: $4,851,403
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID/MEDICARE
Revenue
$5,464,615
PARTICIPANT FEES
Revenue
$827,515
SALES
Revenue
$62,760
Organization Details
Founding Year
1948
Phone
(518) 435-9931Principal Officer
Kathryn Fletcher
Main Address
500 CENTRAL AVENUE, ALBANY, NY, 12206
Website
www.equinoxinc.orgNTEE Category
Code: L21 - Housing
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