EQTX Equality Texas Dba Equality Texas
Nonprofit profile at a glance
- EIN
- 742550143
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- Austin, TX, USA
- Phone
- 5124745475
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $477,539
- Expenses
- $497,614
- Assets
- $434,869
- Liabilities
- $63,128
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- Ricardo Martinez (Chief Executive Officer to 8/12/24)
- Brad Pritchett (Interim CEO from 8/13/24)
Highest reported compensation
- Ricardo Martinez (Chief Executive Officer to 8/12/24): $20,556 total reported compensation
- Brad Pritchett (Interim CEO from 8/13/24): $6,719 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
EQTX Equality Texas dba Equality Texas works to secure full equality for lesbian, gay, bisexual, transgender, and queer Texans through political action, education, community organizing, and collaboration.
What it reported doing in 2024
Legislative Advocacy and Lobbying Equality Texas advocates and lobbies for eliminating discrimination based on sexual orientation and gender identity expression. Equality Texas seeks to inform its members, allies, and the general public about matters of public policy and legislation pending before the Texas Legislature that impacts Texans of all sexual orientations and gender identity expressions. Equality Texas promotes civic participation in the legislative process through direct and grassroots lobbying efforts. These efforts include constituent lobbying visits at the State Capitol and in legislators' district offices, town hall meetings, testifying at legislative hearings, and communication with legislators via mail, phone, or electronic means. See Schedule OEquality Texas's direct lobbying efforts included action alerts and campaigns to members and contacts with legislators and their offices by Equality Texas members. Equality Texas also worked with its legislative allies on drafting proposed legislation for the next session of the Texas Legislature.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 79
- Accountability: 84
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.3%; rating input score 53
- Program expense ratio: 51.1%; rating input score 51
- Fundraising efficiency: $2.37 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -4.2%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.87; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 5.5%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: 2.4% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 8.9% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 26.5% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 53.3% of revenue deployed · 51.1% of spending went to programs
- Governance: 17 of 17 board members independent · 5 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $254K in reported program spending
- Leadership: top reported pay $21K · 21 people listed · 3 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- Review — Financial Efficiency: Program expense ratio scored 51/100.
- High — Financial Efficiency: Fundraising efficiency scored 11/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 30/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- Moderate — Sustainability: Officer compensation ratio scored 32/100.