Equitas Health

Legal name: Equitas Health Inc

Nonprofit profile at a glance

EIN
311126780
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Columbus, OH, USA
Phone
(833) 378-4827
Rating
84
Verdict
STRONG
Rating confidence
Standard
Sector
AIDS

Official website

Reported finances

Revenue
$86,300,739
Expenses
$85,199,943
Assets
$53,579,765
Liabilities
$22,787,964

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

Leadership & pay

34 people listed

Executive titles in this filing

  • David Munar (Chief Executive Officer)
  • Kelly Wesp (Vice President of Quality and Evaluation)
  • ROBERT COPELAND (INTERIM CEO - TERM ENDED)

Highest reported compensation

  • David Tessier (Chief Medical Officer): $363,622 total reported compensation
  • ROBERT COPELAND (INTERIM CEO - TERM ENDED): $344,719 total reported compensation
  • David Munar (Chief Executive Officer): $342,445 total reported compensation

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

Overview

Mission

To provide affordable and affirming healthcare to the LGBTQ+ community, people living with HIV, and anyone in need of a welcoming healthcare home.

What it reported doing in 2024

The columbus, cincinnati and dayton centers provide a full range of integrated treatment and supportive services, including specialized HIV and primary medical care, HIV testing, behavioral health treatment, biomedical prevention treatment, financial assistance, medical case management and prevention counseling, a full-service pharmacy providing medications, on-site adherence counseling, dental services at our dayton and king lincoln medical center locations and clinical pharmacy services are available to patients across Ohio. In addition, equitas manages three pharmacy clinics in dallas, Texas in collaboration with a local healthcare provider to ensure patients living with or at risk for HIV can obtain their medications.

Operating model

Revenue model
Grant-funded. 61% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 96% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 76
  • Accountability: 100
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 69.2%; rating input score 69
  • Fundraising efficiency: $35.62 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 28th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 95.1%; rating input score 95; 27th 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; 77th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.3%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0.63; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.43; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 4.6%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 14% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 14.8% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 16.1% per year; rating input score 100; 88th percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 69.2% of spending went to programs
  • Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $59M in reported program spending
  • Leadership: top reported pay $364K · 34 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.5M reported
  • Consistency: 47 of 48 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 18 filed money-flow records
  • Related organizations: 6 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.