Equity in Education Coalition

Nonprofit profile at a glance

EIN
814447635
IRS 990 coverage
2018–2023
Forms available
Form 990 2023
Location
Seattle, WA, USA
Phone
2064866031
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$7,699,185
Expenses
$7,467,986
Assets
$1,718,146
Liabilities
$43,835

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • HARIUM MARTIN-MORRIS (PRESIDENT)
  • BERNAL BACA (VICE PRESIDENT)
  • SHARONNE NAVAS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • SHARONNE NAVAS (EXECUTIVE DIRECTOR): $125,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Eliminating the opportunity gap and promoting birth-through-career success for all childrenof color in Washington stat

What it reported doing in 2023

Equitable school funding- equitable school funding, or the funding our future Washington coalition (fundwa) is dedicated to achieving equitable education funding in Washington state. Recognizing that the current funding model perpetuates racial, socioeconomic, and geographic disparities, the coalition seeks to reform the system to ensure every student--regardless of background--receives the resources needed to succeed. Fundwa advocates for a sustainable, student-centered funding formula that reduces reliance on local levies, addresses special education and bilingual needs, and provides equitable support for marginalized students

Operating model

Revenue model
Grant-funded. 98% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 57% for direct work, and 43% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 88
  • Accountability: 10
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.1%; rating input score 94
  • Program expense ratio: 97%; rating input score 97
  • Fundraising efficiency: $95.95 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 16th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 97.9%; rating input score 98; 34th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: 3%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 1.7%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 54.9% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 51.9% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 49.3% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 94.1% of revenue deployed · 97% of spending went to programs
  • Governance: 0 of 5 board members independent · 2 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $7.2M in reported program spending
  • Leadership: top reported pay $125K · 6 people listed
  • Consistency: 28 of 29 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes grants
  • Filing history: 5 filing years from 2018 to 2023
  • Contacts: How to reach this organization
  • Money network: 24 filed money-flow records
  • Related organizations: 23 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 — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.