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Everyday People For Change

Runway

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

EIN: 463468086 ✦ Mobile, AL ✦ Designated as a 501(c)(3)

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Overview

What is Everyday People For Change?

Everyday People For Change, operating under the name Runway, is a nonprofit organization based in Mobile, Alabama. With a mission to bridge the racial wealth gap, Runway focuses on empowering black businesses and their communities by establishing resilient financial practices and essential infrastructure. They strive to create a sense of compassion, equality, and justice for historically marginalized communities affected by factors like race, class, gender, sexual orientation, nationality, or immigration status. Runway's team comprises eight dedicated individuals, working tirelessly to achieve their objectives.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: Needs Improvement (62%, Two-Star out of Four Star rating)

Everyday People For Change has been assessed with a two-star rating due to its overall performance, particularly in financial transparency and accountability. While it excels in areas such as having an independent board and no material diversion of assets, the absence of financial statements and key policies like whistleblower protections and document retention has led to a significant drop in its score.

The organization demonstrates strong governance with 100% of its board members being independent, which is a positive indicator of its commitment to accountability. However, the lack of available financial documentation raises concerns about transparency and could hinder trust among potential donors. Additionally, the omission of its website on the tax form further complicates the evaluation of its operations.

Despite a reasonable program expense ratio of 62.79%, indicating that a substantial portion of its resources go towards its programs, the overall lack of documentation and policies suggests that there is room for improvement. Addressing these areas could help the organization enhance its credibility and ultimately its impact in the community it serves.


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

Is Everyday People For Change legitimate?

Everyday People For Change is a legitimate nonprofit organization registered as a 501(c)(3) entity. Everyday People For Change 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: $104,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $638,780

For more financial information, click here

What is the mission statement of Everyday People For Change?

Everyday People For Change is an organization dedicated to advocating for communities that have been historically marginalized due to factors such as race, class, gender, sexual orientation, nationality, and immigration status. Their mission is to foster actions of compassion, equality, and justice on behalf of these communities, working towards a more equitable society. In addition to their mission, they have a project called Runway, which is committed to advancing financial resilience for black businesses and communities, aiming to bridge the racial wealth gap.

Who is the CEO of Everyday People For Change?

Jessica Norwood is the President of Everyday People For Change.

What is the revenue of Everyday People For Change?

Everyday People For Change's revenue in 2022 was $1,956,817.

Who are the executives of Everyday People For Change and what are their salaries?

The average compensation at Everyday People For Change during 2022 was $92,900. There are 8 employees at Everyday People For Change.


Here are 4 key members and their salaries:


Jessica Norwood (President)
  • Compensation: $99,094
  • Related: $0
  • Other: $0
Teresa Fox Bettis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teumbay Barnes (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Norwood (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Everyday People For Change?

Everyday People For Change's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Everyday People For Change

Everyday People For Change, as an organization, is dedicated to advocating for compassion, equality, and justice on behalf of communities that have historically been marginalized due to factors such as race, class, gender, sexual orientation, nationality, and immigration status. Their mission is to instigate change and foster a sense of equity within these communities, working tirelessly to promote a more inclusive and equitable society.

In pursuit of this mission, Everyday People For Change has embarked on various projects aimed at bridging the racial wealth gap. One such project, named Runway, is committed to bolstering the resilience of black businesses and the communities they serve. Runway seeks to establish innovative financial practices and infrastructure, ultimately aimed at closing the racial wealth gap for good. By supporting black businesses, Everyday People For Change hopes to empower these communities and contribute to a more equitable and just society.

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Impact




July, 2024

Everyday People For Change has been instrumental in creating positive change in communities that have historically been disenfranchised due to various factors such as race, class, gender, orientation, nationality, and immigration status. One of their impactful projects, the Runway Project, is dedicated to advancing black resiliency for black businesses and the communities they serve by implementing financial practices and infrastructure that aim to close the racial wealth gap permanently. Through their mission of compassion, equality, and justice, Everyday People For Change is actively working towards improving the lives of individuals and strengthening communities in Mobile, Alabama.




This information is meant to be a general summary of Everyday People For Change. 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
$1,956,817 (2022)
Expenses
$1,527,487 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12,133
  • Program Service Revenue: $437,523
  • Gross Receipts: $1,956,817

Assets and Liabilities:

  • Total Assets: $2,939,939
  • Total Liabilities: $869,881
  • Net Assets: $2,070,058

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Consulting

Revenue

$437,523

Organization Details

Founding Year

2013

Principal Officer

Jessica Norwood

Main Address

PO Box 388, Mobile, AL, 36601

NTEE Category

Code: S20 - Community improvement

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