Overview
What is The Equity Alliance?
The Equity Alliance, established in January 2017, is a nonprofit organization based in Nashville, Tennessee. Their mission is to empower and educate Black communities, aiming to build independent political and economic power. Throughout 2022, they engaged with over 141,000 individuals, conducting various outreach methods such as phone calls, text messages, mail contacts, and door-to-door canvassing. They surpassed their license plate pre-order goal, selling over 1950 pre-orders. The Equity Alliance also expanded their staff statewide, registered over 7,000 voters, including over 1,000 new and first-time voters. They organized numerous voter engagement events, secured over 550 commitments to vote, and connected with over 150 small businesses. Through their faith-based program, they gained over 24 church partners and trained civic disciples to register voters. The organization's activities are focused on keeping government accountable and promoting equitable participation in democracy.
Official website here: www.theequityalliance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (58%)
The Equity Alliance has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored 58%, which suggests that while it does demonstrate some strengths, there are critical areas that require improvement. Notably, the organization has a program expense ratio of 83.72%, indicating that a large portion of its expenditures goes directly to its programs.
However, the lack of independent board members and missing policies related to whistleblower protection and document retention raise serious questions about governance and transparency. Additionally, the absence of financial statements available for public review is a troubling sign, as it limits stakeholders' ability to assess the charity's financial health and operational integrity fully.
While The Equity Alliance does have mechanisms in place for conflict of interest and maintains adequate meeting documentation, these strengths are overshadowed by the aforementioned gaps in accountability. To enhance trust and effectiveness, the organization should strive to address these weaknesses and improve its governance practices moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is The Equity Alliance legitimate?
The Equity Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Equity Alliance 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: $132,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $323,696
For more financial information, click here
Official website here: www.theequityalliance.org
What is the mission statement of The Equity Alliance?
The Equity Alliance, established in January 2017, is committed to building independent political and economic power for the Black community. They achieve this by educating, empowering, and mobilizing Black individuals to take action and hold their government accountable. In 2022, their efforts resulted in over 141,000 voter contacts, including phone calls, text messages, mail, and door-to-door canvassing. They surpassed their license plate pre-order goal, expanded their staff statewide, and increased voter registration, with over 7,000 registrations, including over 1,000 new and first-time voters. The Equity Alliance also secured commitments to vote from over 550 individuals at their voter engagement events and collaborated with over 150 small businesses. Through their faith-based program, they gained over 24 church partners and trained ten civic disciples to register voters, aiming to further their movement.
Official website here: www.theequityalliance.org
What is the revenue of The Equity Alliance?
The Equity Alliance's revenue in 2023 was $3,150,321.
Official website here: www.theequityalliance.org
Who are the executives of The Equity Alliance and what are their salaries?
The average compensation at The Equity Alliance during 2023 was $32,550. There are 14 employees and 546 volunteers at The Equity Alliance.
Here are 2 key members and their salaries:
- Compensation: $132,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.theequityalliance.org
Where can I find the form 990 for The Equity Alliance?
The Equity Alliance's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theequityalliance.org
Learn more at the official website: www.theequityalliance.org
Mission Statement of The Equity Alliance
The Equity Alliance, established in January 2017, is a nonprofit organization with a mission to unapologetically build independent political and economic power among Black communities. Their primary objective is to educate, empower, and mobilize Black individuals, encouraging them to take action and hold their government accountable.
The Equity Alliance's mission is centered around fostering independence and advocacy within the Black community. They strive to engage Black people in the political process, providing them with the resources and knowledge necessary to influence policy decisions. Through various initiatives, such as voter contact programs, license plate pre-orders, and events at the state capitol, The Equity Alliance seeks to ensure that democracy is accessible to all, regardless of race or ethnicity.
In addition to political engagement, The Equity Alliance also focuses on economic empowerment. They have programs like LiberTEA, which trains and empowers individuals to become community leaders, and events that connect small businesses with resources and opportunities. Furthermore, they have faith-based initiatives, such as the I'm a Faithful Voter program, which aims to register voters and further the movement for equality and justice.
In summary, The Equity Alliance is a nonprofit organization dedicated to building political and economic power among Black communities. Through education, empowerment, and mobilization, they encourage Black individuals to take action and engage in the political process, ultimately striving for a more equitable society.
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Impact
July, 2024
The Equity Alliance has made a significant impact in empowering and mobilizing Black communities to actively participate in the political process and advocate for their rights. In 2022 alone, the organization achieved over 141,000 voter contacts through various methods such as phone calls, text messages, mail contacts, and door-to-door canvassing. Additionally, they successfully sold more than 1950 license plate pre-orders, organized transportation to polling stations, facilitated visits to the state capitol for over 100 Tennessee residents, and registered over 7,000 voters, with a focus on first-time voters.
Furthermore, The Equity Alliance has been instrumental in engaging with small businesses, church partners, and training civic disciples to further their movement. Their efforts have reached over 141,000 individuals, demonstrating a commitment to building independent Black political and economic power.
This information is meant to be a general summary of The Equity Alliance. 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 2023.
- Program Service Revenue: $37,180
- Gross Receipts: $3,150,321
Assets and Liabilities:
- Total Assets: $2,128,068
- Total Liabilities: $117,651
- Net Assets: $2,010,417
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TEA LICENSE PLATE PROGRAM INC
Revenue
$37,180
Organization Details
Founding Year
2017
Principal Officer
Tequila Johnson
Website
www.theequityalliance.orgNTEE Category
Code: R01 - Civil rights
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