Overview
What is Equidad Atx Inc?
Equidad Atx Inc is a nonprofit organization situated in Austin, Texas, with a focus on improving health and community wellness in the Eastern Crescent area, which has historically faced barriers such as limited access to essential services. Their mission is to foster holistic, equitable, sustainable, and transformative community development and revitalization in this region. To achieve this, Equidad Atx Inc has collaborated with various nonprofit organizations and government agencies to address the lack of affordable nutritious food, healthcare facilities, financial services, retail outlets, and other amenities. Their initiative, "Live Well Vive Bien," aims to provide a mobile ecosystem offering affordable, nutritious food and essential household items to the residents of affected neighborhoods. The organization currently employs a team of three dedicated individuals.
Official website here: www.equidadatx.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating. This rating indicates that Equidad Atx Inc has a strong emphasis on accountability and finance, with its score reflecting a solid performance in these areas. The charity has achieved a high score of 87 in Accountability & Finance, demonstrating effective management and transparency.
The organization excels in several aspects, including having a fully independent board of directors, which scored a perfect 10 out of 10 points. Additionally, Equidad Atx Inc has established robust policies regarding conflicts of interest, whistleblowing, and document retention, all of which contribute positively to its operational integrity. The program expense ratio is also commendable at 80.02%, indicating that a significant portion of resources is directed toward its programs.
However, the organization does face some challenges, particularly with a liabilities to assets ratio of 63.90%, which scored lower at 5 out of 15 points. This may suggest potential financial risk, highlighting the importance for stakeholders to monitor the charity's long-term sustainability. Overall, while Equidad Atx Inc demonstrates solid governance and financial accountability, attention to its financial ratios is advisable for future stability.
This AI summary has been generated from information found on Charity Navigator.
Is Equidad Atx Inc legitimate?
Equidad Atx Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Equidad Atx 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: $55,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,532
For more financial information, click here
Official website here: www.equidadatx.org
What is the mission statement of Equidad Atx Inc?
Equidad Atx Inc serves as a catalyst for collaboration, focusing on accelerating holistic, equitable, sustainable, and transformative community development and revitalization. This mission targets the "Eastern Crescent" area, which has historically been marked by racial segregation, concentrated generational poverty, systemic inequalities, and disparities in various aspects of community wellness, including health, housing, education, and more.
Official website here: www.equidadatx.org
Who is the CEO of Equidad Atx Inc?
Ashton Cumberbatch is the President of Equidad Atx Inc.
Official website here: www.equidadatx.org
What is the revenue of Equidad Atx Inc?
Equidad Atx Inc's revenue in 2022 was $40,577.
Official website here: www.equidadatx.org
Who are the executives of Equidad Atx Inc and what are their salaries?
The average compensation at Equidad Atx Inc during 2022 was $27,511. There are 3 employees and 5 volunteers at Equidad Atx Inc.
Here are 11 key members and their salaries:
- Compensation: $55,000
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Official website here: www.equidadatx.org
Where can I find the form 990 for Equidad Atx Inc?
Equidad Atx Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.equidadatx.org
Learn more at the official website: www.equidadatx.org
Mission Statement of Equidad Atx Inc
Equidad Atx Inc, as a catalyst for collaboration, is dedicated to accelerating holistic, equitable, sustainable, and transformative community development and revitalization in the historically segregated and economically disadvantaged Eastern Crescent of Austin, Texas. The organization aims to break down barriers and erase boundaries, striving for thriving communities everywhere, ensuring equal opportunities and resources for all. By addressing systemic inequalities and disparities in health, housing, education, and other measures of community wellness, Equidad Atx Inc aims to foster a more equitable and inclusive society.
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Impact
August, 2024
Equidad Atx Inc's impact is centered around being a catalyst for collaboration to accelerate holistic, equitable, sustainable, and transformative community development and revitalization in the "Eastern Crescent" of Austin, Texas. This area has historically been defined by racial segregation, concentrated generational poverty, systemic inequities, and structural disparities in health, housing, education, and other measurements of community wellness.
Through initiatives like "Live Well Vive Bien," Equidad Atx Inc organizes a team of organizations and government agencies to address one of the most significant, long-standing disparities in the Eastern Crescent: limited access to affordable nutritious food, healthcare facilities, financial services, retail stores, personal services, restaurants, professional services, childcare facilities, libraries, and many other services and amenities readily available in other parts of Austin.
By providing a mobile ecosystem that offers affordable, nutritious food and essential household items to the residents of several Eastern Crescent neighborhoods, Equidad Atx Inc is actively working towards its vision of thriving communities everywhere, with no barriers or boundaries. Their mission of being a catalyst for collaboration in this marginalized community makes them a key player in the movement towards holistic community improvement.
This information is meant to be a general summary of Equidad Atx 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: $3,645
- Gross Receipts: $40,577
Assets and Liabilities:
- Total Assets: $779,801
- Total Liabilities: $498,341
- Net Assets: $281,460
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Organization Details
Founding Year
2018
Phone
(512) 657-6172Principal Officer
Ashton Cumberbatch
Main Address
1023 SPRINGDALE ROAD BLDG 13F, AUSTIN, TX, 78721
Website
www.equidadatx.orgNTEE Category
Code: S21 - Community improvement
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