Overview
What is Equity Now Inc?
Equity Now Inc, based in Lanham, Maryland, is a dedicated nonprofit organization aiming to strengthen its connection with Prince George's County and its residents. Their primary focus is on education, striving to provide an academically rigorous choice that contributes to the development of the local educational landscape. Equity Now's mission is centered around disrupting patterns of discrimination, marginalization, and underrepresentation, empowering students as future civic leaders. They founded Legends Charter School, believing in the potential of all students to learn and thrive, regardless of their socio-economic background. To facilitate student success, Equity Now provides various resources, ensuring a high-quality education for all. With a workforce of 94 individuals, they are committed to fostering an inclusive and supportive learning environment.
Official website here: www.equitynowinc.org/
What are the reviews and ratings of this charity?
**Charity Navigator: 81% (Three-Star out of Four Star Rating)**
Equity Now Inc has received an 81% rating from Charity Navigator, reflecting a strong focus on accountability and finance. The rating indicates that the organization has a solid operational framework, with 100% of its board members being independent and well-structured financial oversight. However, some elements such as Leadership & Adaptability and Impact & Measurement are not currently scored, which leaves certain aspects of the organization's effectiveness unassessed.
The organization's financial health is underscored by a high program expense ratio of 90.03%, showing a commitment to directing a significant portion of its resources towards its programs. Yet, the liabilities to assets ratio of 96.73% raises some concerns regarding financial leverage and sustainability. Moreover, while most governance policies are well-documented and transparent, the missing tax form on the nonprofit's website could detract from its accountability in the eyes of stakeholders.
Unfortunately, user reviews from GreatNonprofits could not be fetched, limiting the understanding of community sentiment towards the organization. Overall, while Equity Now Inc demonstrates strong financial accountability, there remains a need for improvement in transparency and exploring its impact measures for a more comprehensive evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is Equity Now Inc legitimate?
Equity Now Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Equity Now 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: $648,082
Professional Fundraising Fees: $35,105
Other Salaries and Wages: $4,867,414
For more financial information, click here
Official website here: www.equitynowinc.org/
What is the mission statement of Equity Now Inc?
Equity Now Inc was established with the belief that every student, regardless of their socio-economic background, has the potential to learn and deserves access to high-quality education. The organization works tirelessly to provide the necessary resources that facilitate student success in and beyond the classroom. Equity Now is committed to strengthening its community and relationships by offering a rigorous academic choice that contributes positively to the growth of the educational landscape. The mission of Equity Now Inc is to disrupt current patterns of discrimination, marginalization, and underrepresentation, aiming to empower students as future civic leaders.
Official website here: www.equitynowinc.org/
Who is the CEO of Equity Now Inc?
Aminah Williams is the Chief Growth of Equity Now Inc. The CEO's salary of Equity Now Inc is $179,287 and their total compensation is $180,054.
Official website here: www.equitynowinc.org/
What is the revenue of Equity Now Inc?
Equity Now Inc's revenue in 2022 was $9,713,112.
Official website here: www.equitynowinc.org/
Who are the executives of Equity Now Inc and what are their salaries?
The average compensation at Equity Now Inc during 2022 was $58,675. There are 94 employees and 20 volunteers at Equity Now Inc.
Here are 11 key members and their salaries (Equity Now Inc's CEO's salary is $179,287 and their total compensation is $180,054):
- Compensation: $179,312
- Related: $0
- Other: $939
- Compensation: $179,287
- Related: $0
- Other: $767
- Compensation: $153,675
- Related: $0
- Other: $9,778
- Compensation: $135,808
- Related: $0
- Other: $5,713
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.equitynowinc.org/
Where can I find the form 990 for Equity Now Inc?
Equity Now Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.equitynowinc.org/
Learn more at the official website: www.equitynowinc.org/
Mission Statement of Equity Now Inc
Equity Now, an esteemed organization, was established with a vision to establish Legends Charter School. This was driven by the belief that every student, regardless of their socio-economic background, has the potential to learn and deserves the opportunity to receive high-quality education. Equity Now's mission is to provide all necessary resources that aid in student success within and beyond the classroom. By doing so, they aim to disrupt the existing patterns of discrimination, marginalization, and underrepresentation, fostering future civic leaders. In essence, Equity Now is committed to empowering students and strengthening its community by offering a rigorous academic choice that contributes positively to the educational landscape.
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Impact
July, 2024
Equity Now Inc's impact can be seen in the establishment of Legends Charter School, which aims to provide high-quality education to all students regardless of their socio-economic background. By focusing on disrupting patterns of discrimination, marginalization, and underrepresentation, Equity Now is working to strengthen the educational landscape in Prince George's County. Through their commitment to the community and offering a rigorous academic choice, Equity Now is shaping civic leaders and empowering students to succeed both in the classroom and beyond. Their dedication to providing resources that facilitate student success demonstrates their proactive approach to addressing educational disparities and promoting equitable opportunities for all.
This information is meant to be a general summary of Equity Now 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: $844
- Program Service Revenue: $8,717,411
- Gross Receipts: $9,732,750
Assets and Liabilities:
- Total Assets: $24,895,154
- Total Liabilities: $26,229,146
- Net Assets: -$1,333,992
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE PER PUPIL OPERATING REV
Revenue
$8,043,116
BEFORE CARE AFTER CARE FEES
Revenue
$387,402
OPERATING REV PER SPED ALLOC.
Revenue
$286,893
Organization Details
Founding Year
2017
Phone
(716) 791-9139Principal Officer
Aminah Williams
Main Address
9700 PHILADELPHIA COURT, LANHAM, MD, 20706
Website
www.equitynowinc.org/NTEE Category
Code: B29 - Education
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