Phans For Racial Equity

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

EIN: 853637338 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Phans For Racial Equity?

Phans For Racial Equity is a charitable organization, specifically a 501(c)3, dedicated to supporting racial justice initiatives. They allocate funds to various qualifying organizations, contributing a total of $18,584 in their recent grant awards. The organization's expenditures include advertising costs, membership dues, bank charges, insurance coverage, and software investment, totaling $11,066. While the specific activities or mission description is not provided in the information, Phans For Racial Equity's primary focus remains on financially backing racial justice organizations to promote equality and social change.


Official website here: www.phansforracialequity.org

Is Phans For Racial Equity legitimate?

Phans For Racial Equity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phans For Racial Equity 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.phansforracialequity.org

What is the mission statement of Phans For Racial Equity?

Phans For Racial Equity is an organization that focuses on granting and funding various racial justice organizations classified as 501(c)3. Its primary mission is to provide financial support to these organizations, as evidenced by its distribution of $18,584 in awards. The organization's expenditures are meticulously managed, with allocations for advertising, dues and fees, bank charges, insurance, and software use. While the mission statement itself is not explicitly provided in the data, it can be inferred that the organization aims to support and empower racial justice organizations in their efforts to promote equality and social change.


Official website here: www.phansforracialequity.org

Who is the CEO of Phans For Racial Equity?

Adam Lioz is the President of Phans For Racial Equity.


Official website here: www.phansforracialequity.org

What is the revenue of Phans For Racial Equity?

Phans For Racial Equity's revenue in 2022 was $138,434.


Official website here: www.phansforracialequity.org

Who are the executives of Phans For Racial Equity and what are their salaries?


Here are 5 key members and their salaries:


Adam Lioz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malcolm Howard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joey Ereneta (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Pazoles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Haneo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.phansforracialequity.org

Where can I find the form 990EZ for Phans For Racial Equity?

Phans For Racial Equity's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.phansforracialequity.org

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

Mission Statement of Phans For Racial Equity

Phans For Racial Equity is an organization committed to supporting racial justice causes. It achieves this by granting awards and providing financial assistance to various 501(c)3 organizations that work towards racial equality. In the recent past, Phans For Racial Equity has allocated a substantial sum of $18,584 towards these efforts. The organization's expenses are meticulously managed, with a significant portion going towards advertising to raise awareness, covering dues and fees, bank charges, and processing fees. Additionally, Phans For Racial Equity spends on insurance and software to ensure smooth operations. The primary focus of Phans For Racial Equity lies in its monetary contributions to the cause of racial justice, demonstrating its unwavering commitment to promoting equality and social change.

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Impact




October, 2024

Phans For Racial Equity significantly impacts the racial justice landscape by providing financial support to 501(c)3 organizations dedicated to this cause. In a recent funding cycle, it awarded a total of $18,584, enabling these organizations to advance their missions and initiatives effectively.

The allocation of funds demonstrates a commitment to promoting civil rights through targeted advertising efforts, which accounted for $4,488 of the budget, helping to raise awareness and drive engagement. Additionally, the organization managed operational costs, including dues, banking fees, and software expenses, allowing for smooth functioning and strategic growth.

By strategically funding a diverse array of racial justice initiatives, Phans For Racial Equity not only strengthens individual organizations but also contributes to a broader movement for equality and social change within and beyond Washington, DC.




This information is meant to be a general summary of Phans For Racial Equity. 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
$138,434 (2022)
Expenses
$50,648 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $138,434

Assets and Liabilities:

  • Total Assets: $187,933
  • Total Liabilities: $3,410
  • Net Assets: $184,523

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Organization Details

Principal Officer

Adam Lioz

Main Address

1325 13TH STREET NW NO 9, WASHINGTON, DC, 20005

NTEE Category

Code: R30 - Civil rights

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