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Eq Institute

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

EIN: 832081127 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Eq Institute?

Eq Institute is a nonprofit organization that empowers Black, Indigenous, and People of Color (BIPOC) leaders and entrepreneurs by providing financial assistance. Specifically, they granted $6,993 to Pastor Phil Jackson, CEO of The Firehouse Community Arts Center, to sustain their Culinary program, and awarded $10,000 to Britney Robbins, CEO of The Gray Matter Experience, to aid her organization with strategic planning. The institute's mission is to foster the growth of BIPOC leaders in their true authenticity, contributing positively to their communities.


Official website here: www.eqinst.org

Is Eq Institute legitimate?

Eq Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eq Institute submitted a form 990EZ, 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.


Official website here: www.eqinst.org

What is the mission statement of Eq Institute?

Eq Institute's mission is centered around supporting Black, Indigenous, and People of Color (BIPOC) leaders and entrepreneurs. The organization achieves this by providing financial aid in the form of grants. For instance, they granted $6,993 to The Firehouse Community Arts Center's CEO to support their Culinary program, and $10,000 to The Gray Matter Experience's CEO for strategic planning purposes. By offering such assistance, Eq Institute aims to help these leaders and entrepreneurs grow in their full authenticity.


Official website here: www.eqinst.org

Who is the CEO of Eq Institute?

Ravi Hansra is the President of Eq Institute.


Official website here: www.eqinst.org

What is the revenue of Eq Institute?

Eq Institute's revenue in 2022 was $66,088.


Official website here: www.eqinst.org

Who are the executives of Eq Institute and what are their salaries?


Here are 2 key members and their salaries:


Ravi Hansra (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katy Dobbins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eqinst.org

Where can I find the form 990EZ for Eq Institute?

Eq Institute's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.eqinst.org

Learn more at the official website: www.eqinst.org

Mission Statement of Eq Institute

Eq Institute, as a nonprofit organization, focuses on empowering Black, Indigenous, and People of Color (BIPOC) leaders and entrepreneurs. It accomplishes this by providing financial support in the form of grants. One such grant was awarded to Pastor Phil Jackson, the CEO of The Firehouse Community Arts Center, to assist with their Culinary program's general operating expenses. Another grant was given to Britney Robbins, the CEO of The Gray Matter Experience, to aid her organization in its strategic planning. Through these financial contributions, Eq Institute enables BIPOC leaders and entrepreneurs to grow in their full authenticity, fostering their personal and professional development.

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Impact




August, 2024

Eq Institute's impact can be seen in its support of BIPOC leaders and entrepreneurs in Chicago, Illinois. By granting funds to Pastor Phil Jackson of The Firehouse Community Arts Center and Britney Robbins of The Gray Matter Experience, Eq Institute is helping these individuals and their organizations thrive. This support not only assists in meeting operational expenses and strategic planning but also empowers BIPOC leaders to grow in their full authenticity. Eq Institute's focus on education and empowerment is making a tangible difference in the community by fostering the growth and success of BIPOC leaders and entrepreneurs.




This information is meant to be a general summary of Eq Institute. 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
$66,088 (2022)
Expenses
$17,337 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $325
  • Gross Receipts: $66,088

Assets and Liabilities:

  • Total Assets: $97,752
  • Total Liabilities: $0
  • Net Assets: $97,752

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Organization Details

Principal Officer

Ravi Hansra

Main Address

1553 West Jackson Boulevard, Chicago, IL, 60607

NTEE Category

Code: B02 - Education

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