Equidad Atx Inc

Nonprofit profile at a glance

EIN
831120340
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Austin, TX, USA
Phone
5126576172
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Coalitions

Reported finances

Revenue
$183,387
Expenses
$199,951
Assets
$713,538
Liabilities
$482,645

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • ASHTON CUMBERBATCH JR (PRESIDENT AND EXEC DIR)

Highest reported compensation

  • ASHTON CUMBERBATCH JR (PRESIDENT AND EXEC DIR): $109,819 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A catalyst for collaboration to accelerate holistic, equitable, sustainable and transformative community development/revitalization in the "eastern crescent" of austin, Texas, an area that has historically been defined by racial segregation, concentrated generational poverty, systemic inequities and structural disparities in health, housing, education, health and other measurements of community wellness.

What it reported doing in 2024

Health and community wellness - organized a team of nonprofit organizations and government agencies to address one of the most significant, long-standing disparities in the eastern crescent: limited access to affordable nutritious food; healthcare facilities; financialservices; retail stores; personal services; restaurants; professional services; childcare facilities; libraries; and many other services and amenities readily available in other parts ofaustin. "live well vive bien" is designed and will be implemented to provide a mobile ecosystemwhich will provide affordable, nutritious food and essential household household items to the residents of several eastern crescent neighborhoods.

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 97% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 85
  • Accountability: 84
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.8%; rating input score 87
  • Program expense ratio: 78.5%; rating input score 78
  • Fundraising efficiency: $9.78 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90%; rating input score 90; 24th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -9%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 3.57; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.68; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 54.9%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 31.7% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 4.6% per year; rating input score 100; 50th percentile among comparable filings
  • Asset growth: 26.5% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 86.8% of revenue deployed · 78.5% of spending went to programs
  • Governance: 9 of 10 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $157K in reported program spending
  • Leadership: top reported pay $110K · 10 people listed
  • Consistency: 24 of 25 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Operating margin scored 24/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.