Overview
What is Equity And Transformation?
Equity and Transformation, abbreviated as EAT, is a nonprofit organization based in Chicago, Illinois. Founded in 2018 by and for post-incarcerated individuals, its mission is to uplift the voices and power of Black Chicagoans engaged in the informal economy. EAT aims to dismantle anti-Black racism and build social and economic equity for informal workers, who often face significant barriers in their everyday lives, including being shut out of the workforce and forced into informality. The organization has witnessed how systemic inequalities can lead to extreme poverty and additional periods of incarceration. EAT's current project involves a guaranteed income program that benefits 100 system-impacted Chicagoans on the West and South Sides, monitoring their recidivism, income volatility, physical functioning, and psychological well-being. As of the provided information, EAT has a team of 11 dedicated individuals working towards their mission.
Official website here: www.eatchicago.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Equity And Transformation has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization scored 97% in its accountability and finance metrics, indicating a high level of transparency and responsible financial practices. This rating is primarily based on an independent board and robust financial oversight, showcasing the charity's commitment to ethical governance.
The organization demonstrates exceptional financial health, with a program expense ratio of 70.73%, meaning a significant portion of its funds directly supports its mission. Additionally, its fundraising efficiency is commendable, with only $0.03 spent to raise each dollar, highlighting effective resource management. These strengths suggest that Equity And Transformation is well-positioned to utilize donations effectively.
While the data primarily focuses on financial metrics, there are no noted limitations or concerns regarding the organization's operations. Overall, Equity And Transformation presents itself as a highly accountable and financially sound nonprofit, making it a reliable choice for potential donors looking to support impactful initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Equity And Transformation legitimate?
Equity And Transformation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Equity And Transformation 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: $128,083
Professional Fundraising Fees: $0
Other Salaries and Wages: $590,968
For more financial information, click here
Official website here: www.eatchicago.org
What is the mission statement of Equity And Transformation?
Equity and Transformation, a non-profit organization founded by and for post-incarcerated individuals, has a mission to uplift the voices and power of Black Chicagoans involved in the informal economy. This community-led group was established in 2018 to address the systemic inequalities faced by these individuals, who often encounter barriers in their everyday lives. They are frequently shut out of the formal workforce, forced into informality, and criminalized for surviving. These challenges often lead to extreme poverty and additional periods of incarceration. Equity and Transformation is committed to building social and economic equity for informal workers and working towards dismantling anti-Black racism.
Official website here: www.eatchicago.org
What is the revenue of Equity And Transformation?
Equity And Transformation's revenue in 2024 was $2,917,262.
Official website here: www.eatchicago.org
Who are the executives of Equity And Transformation and what are their salaries?
The average compensation at Equity And Transformation during 2024 was $59,921. There are 12 employees and 300 volunteers at Equity And Transformation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $128,083
- 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.eatchicago.org
Where can I find the form 990 for Equity And Transformation?
Equity And Transformation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.eatchicago.org
Learn more at the official website: www.eatchicago.org
Mission Statement of Equity And Transformation
Equity and Transformation, a non-profit organization founded by and for post-incarcerated individuals, is dedicated to uplifting the voices and empowering the power of Black Chicagoans engaged in the informal economy. Established in 2018, the organization's mission revolves around addressing systemic inequalities that affect these individuals, who often face significant barriers in their everyday lives. These systemic issues result in system-impacted individuals being shut out of the workforce, forced into informal economic activities, and criminalized for survival. Consequently, these individuals often experience extreme poverty and additional periods of incarceration.
Equity and Transformation is committed to building social and economic equity for informal workers and dismantling anti-Black racism. The organization recognizes the diversified set of economic activities, enterprises, jobs, and workers that are not regulated or protected by the state, and it seeks to address the challenges these individuals face. By uplifting the voices and power of Black Chicagoans engaged in the informal economy, Equity and Transformation aims to create a more equitable society where these individuals can thrive without facing the barriers that have previously held them back.
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Impact
July, 2024
Equity and Transformation's impact is significant in addressing the systemic inequalities faced by system-impacted individuals, particularly Black Chicagoans engaged in the informal economy. By providing a guaranteed income program benefiting 100 individuals on the West and South Sides of Chicago, they actively work to uplift the voices and power of this marginalized community. Through monitoring factors such as recidivism, income volatility, physical functioning, and psychological well-being, Equity and Transformation EAT is making strides in building social and economic equity for informal workers while also dismantling anti-Black racism. Their commitment to creating positive change and breaking down barriers for those affected by the criminal justice system is evident in the tangible support and resources they provide to improve the lives of those they serve.
This information is meant to be a general summary of Equity And Transformation. 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 2024.
- Program Service Revenue: $13,019
- Gross Receipts: $2,917,262
Assets and Liabilities:
- Total Assets: $4,982,907
- Total Liabilities: $7,574
- Net Assets: $4,975,333
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Honorariums
Revenue
$13,019
Program 2
Revenue
$0
Program 3
Revenue
$0
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
Founding Year
2018
Principal Officer
Rev Doris Green
Website
www.eatchicago.orgNTEE Category
Code: P19 - Human services
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