Overview
What is Equation Collaborative Corp?
Equation Collaborative Corp is a nonprofit organization situated in Encinitas, California, with a mission to combat social and structural inequalities. Their primary focus is on empowering communities to reclaim their food sovereignty, fostering pathways to healthy, locally sourced, and sustainable food sources. Through their +Box Food Assistance Program, they distributed over 23,800 boxes containing approximately 281,741 pounds of nutritious food, providing an estimated 234,741 meals to food-insecure students and their families in need. Operating in 49 out of 52 weeks in 2022, the program supported an average of 486 families per week. Equation Collaborative Corp works in partnership with community organizations to enhance capacity, access, and opportunities, enabling them to manage and expand the +Box program and provide essential nutrition to as many food-insecure families as possible. With a team of five dedicated individuals, the organization strives to create shared solutions that help equalize opportunities for healthy and dignified lives.
Official website here: www.equationcollaborative.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating. This rating reflects a solid level of accountability and financial health within the organization. The nonprofit stands out with a strong accountability and finance score of 83% and a high culture and community score of 17%, indicating an effective commitment to both financial stewardship and community engagement.
Equation Collaborative Corp demonstrates a commendable focus on transparency and governance, with 83% of its board members being independent. The organization scores exceptionally well in areas such as program expense ratio, feedback collection, and usage, showcasing its commitment to listening to and incorporating stakeholder input into its strategies.
However, while the overall rating is positive, the relatively lower score in culture and community (17%) suggests room for improvement in how the organization fosters a vibrant community. Maintaining the current high standards in accountability and financial practices will be crucial as it seeks to enhance its community engagement efforts moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Equation Collaborative Corp legitimate?
Equation Collaborative Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Equation Collaborative Corp 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: $174,999
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,396
For more financial information, click here
Official website here: www.equationcollaborative.org
What is the mission statement of Equation Collaborative Corp?
Equation Collaborative Corp is dedicated to addressing social and structural inequality, with a particular focus on empowering communities to reclaim their food sovereignty. They achieve this by promoting healthy, locally sourced, and sustainable food options. The organization was established with the goal of strengthening communities by collaborating with local partners to enhance capacity, access, and opportunities. One of their initiatives is +Box, which provides essential nutrition to food-insecure families. Furthermore, Equation Collaborative Corp works with community partners to develop shared solutions that aim to equalize opportunities for healthy and dignified living.
Official website here: www.equationcollaborative.org
Who is the CEO of Equation Collaborative Corp?
Wesley Burt is the President & Executive Dire of Equation Collaborative Corp.
Official website here: www.equationcollaborative.org
What is the revenue of Equation Collaborative Corp?
Equation Collaborative Corp's revenue in 2022 was $577,952.
Official website here: www.equationcollaborative.org
Who are the executives of Equation Collaborative Corp and what are their salaries?
The average compensation at Equation Collaborative Corp during 2022 was $45,079. There are 5 employees and 310 volunteers at Equation Collaborative Corp.
Here are 4 key members and their salaries:
- Compensation: $174,999
- 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.equationcollaborative.org
Where can I find the form 990 for Equation Collaborative Corp?
Equation Collaborative Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.equationcollaborative.org
Learn more at the official website: www.equationcollaborative.org
Mission Statement of Equation Collaborative Corp
Equation Collaborative Corp is a mission-driven organization that aims to address social and structural inequality by empowering communities to regain control over their food sovereignty. The corporation's primary objective is to facilitate access to healthy, locally sourced, and sustainable food options for families struggling with food insecurity. To achieve this, Equation Collaborative Corp develops and manages programs in collaboration with community partners, with the goal of enhancing capacity, access, and opportunities within these communities.
One of the organization's key initiatives is the management of +BOX, a program designed to provide essential nutrition to food-insecure families. By partnering with local communities, Equation Collaborative Corp works towards equalizing opportunities for healthy and dignified lives. The corporation's approach involves collaborating with community partners to identify shared solutions that cater to the unique needs and challenges of each community, thereby fostering a more equitable and sustainable food system.
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Impact
July, 2024
Equation Collaborative Corp's impact can be seen through its +BOX food assistance program, which has distributed 23,810 boxes containing 281,741 pounds of healthy food. This amount of food equates to approximately 234,741 meals provided to food-insecure students and their families who struggle to meet their basic nutritional needs. The program operates year-round, supporting an average of 486 families per week in 49 out of 52 weeks during 2022 in Encinitas, CA. Equation Collaborative Corp's mission is to bring balance to social and structural inequity by empowering communities to reclaim their food sovereignty through the provision of healthy, localized, and sustainable foods. Through its efforts, Equation Collaborative Corp is directly addressing food insecurity and working towards creating shared solutions that help equalize opportunities for healthy and dignified lives.
This information is meant to be a general summary of Equation Collaborative Corp. 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.
- Gross Receipts: $577,952
Assets and Liabilities:
- Total Assets: $168,247
- Total Liabilities: $6,520
- Net Assets: $161,727
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Organization Details
Founding Year
2020
Phone
(213) 952-2074Principal Officer
Wesley Burt
Main Address
1633 LINDA SUE LANE, ENCINITAS, CA, 920242427
NTEE Category
Code: K30 - Food
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