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Equal Heart

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 462846816 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Equal Heart?

Equal Heart is a nonprofit organization dedicated to assisting individuals and families in need during challenging times. Their primary mission involves providing free meals to at-risk children between the ages of 0 and 18, at after-school and summer sites. Additionally, they operate a mobile food pantry to distribute rescue food to low-income families. Beyond this, Equal Heart runs an AmeriCorps program, which supplies staff to various organizations across the nation, helping them address local community issues.

What are the reviews and ratings of this charity?

Equal Heart has received a Three-Star out of Four Star rating from Charity Navigator, with an overall score of 77%. The score is calculated solely from its Accountability & Finance beacon, indicating a strong emphasis on financial responsibility. The organization has a commendable ratio of program expenses at 95.21%, reflecting a commitment to allocating resources effectively towards its mission. However, certain governance practices, such as the absence of a conflict of interest policy and other key documents, have impacted its overall rating.

The organization shows a solid structure with 80% of its board members being independent, which is a significant strength in terms of governance. However, the independent board size and missing policies on important governance aspects detract from its accountability metrics. Additionally, while the organization's liabilities to assets ratio is robust at 9.15%, its fundraising efficiency is notably low, suggesting potential challenges in attracting funds efficiently.

User reviews from GreatNonprofits could not be retrieved, thus limiting insights from community feedback. Overall, while Equal Heart demonstrates strengths in financial management and independent governance, it faces challenges in certain administrative practices that may influence its effectiveness in achieving long-term goals.


This AI summary has been generated from information found on Charity Navigator.

Is Equal Heart legitimate?

Equal Heart is a legitimate nonprofit organization registered as a 501(c)(3) entity. Equal Heart 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,944,722

For more financial information, click here

What is the mission statement of Equal Heart?

Equal Heart, an organization, is dedicated to assisting individuals in challenging circumstances. Its primary mission is to provide nourishment to at-risk children between the ages of 0 and 18, through free meals at after-school and summer programs. Additionally, they operate a mobile food pantry to distribute emergency food supplies to low-income families. Furthermore, Equal Heart supports local community needs by coordinating an Americorps program, which deploys staff to various organizations across the nation.

Who is the CEO of Equal Heart?

Dr Keven Vicknair is the Treasurer of Equal Heart.

What is the revenue of Equal Heart?

Equal Heart's revenue in 2022 was $9,507,953.

Who are the executives of Equal Heart and what are their salaries?

The average compensation at Equal Heart during 2022 was $6,245. There are 325 employees and 120 volunteers at Equal Heart.


Here are 5 key members and their salaries:


Dr Keven Vicknair (Treasurer)
  • Compensation: $75,641
  • Related: $0
  • Other: $29,753
Hunt Palmquist (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Amonett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Carreon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micheal Barbee (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Equal Heart?

Equal Heart's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Equal Heart

Equal Heart, a nonprofit organization, is dedicated to assisting individuals in challenging times. Its primary mission is to provide support to at-risk children between the ages of 0 and 18, offering them nutritious meals free of charge during after-school and summer periods. In addition to this, Equal Heart operates a mobile food pantry, delivering rescue food to low-income families who are in need. To further extend its reach, the organization also manages an AmeriCorps program, which deploys staff to various organizations across the nation, enabling them to address local community issues effectively.

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Impact




July, 2024

Equal Heart's impact is significant, providing free meals to at-risk children at after-school and summer sites, delivering rescue food to low-income families through a mobile food pantry, and supporting organizations across the nation with Americorps staff to address local community needs. Their efforts in Dallas, TX, are directly supporting individuals and families during times of adversity, ensuring access to nutritious food and vital assistance. This organization's focused mission on supporting people in need is truly making a difference in the lives of those they serve.




This information is meant to be a general summary of Equal Heart. 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.

Revenue
$9,507,953 (2022)
Expenses
$9,114,344 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$3,080
  • Gross Receipts: $9,825,732

Assets and Liabilities:

  • Total Assets: $4,580,529
  • Total Liabilities: $454,171
  • Net Assets: $4,126,358

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Organization Details

Founding Year

2014

Principal Officer

Dr Keven Vicknair

Main Address

4848 LEMMON AVE STE 513, DALLAS, TX, 75219

NTEE Category

Code: K99 - Food

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