Equal Voice Education Network

Nonprofit profile at a glance

EIN
465254790
IRS 990 coverage
2017–2019
Forms available
Form 990 2019, Form 990-N 2016
Location
Seattle, WA, USA
Phone
2066913134
Rating confidence
Limited
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$0
Expenses
$136,800
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

5 people listed

Highest reported compensation

  • Joyce Lee (Board Member): $386,433 total reported compensation
  • Irene Schleicher (Chair): $154,568 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Equal Voice Education Network seeks to educate the public about issues of importance to low-income and working families across the U.S., and to promote programs and policies that prioritize such issues.

What it reported doing in 2019

Equal Voice Education Network (EVEN) provides grants to organizations whose work is in line with EVEN's mission. The grant awarded provides funding to enable low-income families to use their voices and grow their power to change policies that shape their lives. The grant is providing funding to support the key areas that are vital to the well-being of poor and low-income families, including fair work, equal opportunities for good health, a strong social safety net to support family economic security, an equal voice through the ballot box and inclusion of immigrant families.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Grant intermediary. The nonprofit sent 95% of its reported program spending out as grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 68
  • Accountability: 51
  • Sustainability: 1
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 88.5%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 79th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 60%; rating input score 60; 20th percentile among comparable filings
  • Governance controls: 3 of 9 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Limited
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 73.4%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 34.8% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: -150% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -75.3% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 88.5% of spending went to programs
  • Governance: 3 of 5 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $121K in reported program spending
  • Leadership: top reported pay $386K · 5 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 16 of 16 current checks pass
  • Schedules: 7 filed schedules · includes grants and executive pay
  • Filing history: 3 filing years from 2017 to 2019
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 3 filed related-organization links
  • 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Growth: Asset growth scored 0/100.