Overview
What is The Equity Institute?
The Equity Institute is a nonprofit organization with a strong focus on education, situated at 225 Dyer Street, Providence, Rhode Island (RI 02903). This organization collaborates with schools and communities to establish fair and lasting learning environments. One of their prominent initiatives, in partnership with College Unbound, is the TA to BA program. This program supports 45 teacher assistants and school support professionals, helping them earn a bachelor's degree and become certified educators. Additionally, The Equity Institute is currently working with the Rhode Island Department of Education to develop a state-recognized educator preparation program. The organization is led by a dedicated team of 14 employees.
Official website here: www.theequityinstitute.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Stars
The Equity Institute has received an 81% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This rating is based entirely on the organization’s accountability metrics, which reflect the charity's commitment to transparency and responsible financial practices. The organization displays high standards in various aspects such as having a majority of independent board members and maintaining a comprehensive set of policies, including conflict of interest and whistleblower policies.
Strengths highlighted in the score include a strong program expense ratio of 74.75%, which suggests that a significant portion of funds is directed towards its mission-related activities. Additionally, the organization has demonstrated effective governance with independent board members and a low liabilities to assets ratio of 2.48%. These factors point towards a well-managed organization that prioritizes its commitments to stakeholders.
While the organization performs well in its financial accountability, there is no indication of its performance in other areas such as program effectiveness or community impact. This lack of comprehensive evaluation means potential donors may want to seek additional information regarding the organization's operational outcomes and overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Equity Institute legitimate?
The Equity Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Equity Institute 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: $307,568
Professional Fundraising Fees: $0
Other Salaries and Wages: $441,678
For more financial information, click here
Official website here: www.theequityinstitute.org/
What is the mission statement of The Equity Institute?
The Equity Institute is an education-focused nonprofit organization that collaborates with schools and communities to establish equitable and sustainable learning environments. Their mission is to facilitate this process, aiming to create learning spaces that cater to the diverse needs of students. In partnership with College Unbound, they have executed the TA to BA program, which assists non-certified school-based professionals and youth workers in earning a bachelor's degree and becoming certified educators, ultimately contributing to a more equitable education system.
Official website here: www.theequityinstitute.org/
Who is the CEO of The Equity Institute?
Karla Vigil is the Executive Director of The Equity Institute.
Official website here: www.theequityinstitute.org/
What is the revenue of The Equity Institute?
The Equity Institute's revenue in 2022 was $1,836,550.
Official website here: www.theequityinstitute.org/
Who are the executives of The Equity Institute and what are their salaries?
The average compensation at The Equity Institute during 2022 was $53,518. There are 14 employees at The Equity Institute.
Here are 6 key members and their salaries:
- Compensation: $146,115
- Related: $0
- Other: $26,542
- Compensation: $125,423
- Related: $0
- Other: $9,488
- 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.theequityinstitute.org/
Where can I find the form 990 for The Equity Institute?
The Equity Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theequityinstitute.org/
Learn more at the official website: www.theequityinstitute.org/
Mission Statement of The Equity Institute
The Equity Institute is a nonprofit organization that focuses on education, partnering with schools and communities to establish equitable and sustainable learning environments. Their mission is to promote equality in education, working collaboratively with schools and communities to create inclusive and enduring learning spaces. The Equity Institute has embarked on various initiatives, such as the TA to BA program in partnership with College Unbound. This program aims to assist non-certified school-based professionals and youth workers in obtaining a bachelor's degree and becoming certified educators. By doing so, The Equity Institute contributes to the development of a diverse and capable teaching force, ensuring that all learners have access to an equitable education.
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Impact
July, 2024
The Equity Institute's impact is significant in developing equitable and sustainable learning environments through its education-based programs. One of its key initiatives, the TA to BA program, in partnership with College Unbound, has enabled non-certified school-based professionals and youth workers to earn a bachelor's degree and become certified educators. By working with schools and communities, The Equity Institute is making a difference in promoting equity and inclusivity in education.
This information is meant to be a general summary of The Equity 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,879
- Program Service Revenue: $228,777
- Gross Receipts: $1,836,550
Assets and Liabilities:
- Total Assets: $1,548,512
- Total Liabilities: $38,524
- Net Assets: $1,509,988
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAININGS
Revenue
$228,777
Organization Details
Founding Year
2019
Phone
(401) 282-0000Principal Officer
Karla Vigil
Main Address
225 DYER STREET, PROVIDENCE, RI, 02903
Website
www.theequityinstitute.org/NTEE Category
Code: B90 - Education
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