Equislabs

What it reported doing in 2024

Cultural mobilizationthe cultural mobilization project creates opportunities for collective participation in cultural activities grounded in latino icons and stories to foster cultural cohesion, pride, and community engagement. The program connects cultural traditions to civic participation in order to strengthen shared identity and empower latino communities to take collective action.in 2024, equis partnered with more than 20 community organizations to build culturally resonant civic engagement initiatives. Equis launched a campaign linking da de los muertos to civic responsibility and voter participation, helping lay the groundwork for mexican american and broader latino communities to associate the holiday with community empowerment. The campaign supported increased awareness of civic duty through culturally relevant content, partner activations, and community touchpoints.youtube moonshotthe youtube initiative produces culturally relevant and engaging digital content to help latino audiences make sense of current events, politics, and social issues. The program focuses on strengthening media literacy, countering harmful narratives and disinformation, and building confidence and trust in democratic institutions among latino viewers.in 2024, the initiative launched aca entre bros, a talk format centered on the experiences of latino men in the united states. Reaching this audience has been a priority since 2022, and significant investment was made to identify talent and format approaches that resonated. The series achieved strong organic traction, reaching more than 644,000 views within its first six months, demonstrating high engagement with this hard to reach demographic.talent pipelinethe talent pipeline initiative builds a bench of future latino leaders who are accountable to their communities through strategic recruitment, professional development, and placement into public service and nonprofit leadership roles. The program aims to increase latino representation in positions of influence and strengthen leadership pathways rooted in community responsibility and service.in 2024, equis collected more than 200 resumes to support recruitment for public service and nonprofit leadership roles, and convened and engaged over 300 latino appointees. Through this work, the initiative fostered a network of emerging leaders who strengthened their connection to latino identity and civic responsibility, and committed to supporting one another in advancing community centered leadership.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 77.2%; rating input score 77
• Fundraising efficiency: $10.11 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• 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: Pass
  • CEO compensation review process: Fail
  • 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: -263.5%; rating input score 0; 0th percentile among comparable filings
• Total-asset coverage ratio: 1.28; rating input score 46; 46th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 92; 92nd percentile among comparable filings
• Officer compensation ratio: 1.2%; rating input score 79; 79th percentile among comparable filings

Growth

• Program expense growth: 27.8% per year; rating input score 100; 91st percentile among comparable filings
• Revenue growth: 20.9% per year; rating input score 100; 89th percentile among comparable filings
• Asset growth: 44.8% per year; rating input score 100; 97th percentile among comparable filings