Family Equality

Nonprofit profile at a glance

EIN
521438455
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
6468803005
Rating
75
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$2,884,273
Expenses
$3,396,621
Assets
$630,684
Liabilities
$79,631

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

Leadership & pay

34 people listed

Executive titles in this filing

  • ALEXIS KANTOR (INT. PRES./CEO (7/24-2/25), CO-CHAIR)
  • STACEY STEVENSON (PRESIDENT AND CEO)

Highest reported compensation

  • STACEY STEVENSON (PRESIDENT AND CEO): $152,690 total reported compensation
  • MATTHEW RAMSEY (VP, DEVELOPMENT): $139,274 total reported compensation
  • LUCE REMY (VP, POLICY): $134,637 total reported compensation

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

Overview

Mission

Family equality is creating a world where everyone can experience the love, safety, and belonging of family. As the leading national organization for current and future lgbtq+ families, we work to ensure that everyone has the freedom to find, form, and sustain their families by advancing lgbtq+ equality through advocacy, support, storytelling, and education.

What it reported doing in 2024

In 2024, family equality advocated for equality at the state and national level; connected lgbtq+ people to one another, to vital resources, and to the support that every family deserves; and educated the public to build more inclusive communities. Advocating for equality in 2024, family equality made significant strides in promoting equality for families nationwide. At the national level, we gathered crucial data on families across the racial and geographic spectrum through our family equity justice survey, worked successfully to ensure that all students feel safe and welcome in the classroom, and advocated for best practices in child welfare. At the state level, we worked to modernize laws to protect all families in Massachusetts, Michigan, Vermont, and New York. More specifically, we-supported 25 states in efforts to build more equitable and inclusive communities -empowered families through 13 action alerts that informed them of current events and opportunities to connect with their lawmakers to make their voices heard -passed 9 priority bills that would advance equality and defeated 8 bills that would've harmed families-submitted oral and written testimony for 5 state legislative committee and congressional hearings -published 5 resources to support families as they navigate foster care, title ix protections, parentage, and school systems-co-authored 1 amicus brief for glover v junior connecting familiesfamily equality also served more families than ever before through in-person gatherings and virtual programming that responded to community needs. Building on the previous year's momentum, we increased the geographic reach of our in-person events, in total welcoming thousands of families to-family weekend in the midwest in minneapolis, mn-family weekend in the south in atlanta, ga-family week in provincetown, ma-lgbtq+ families are incredi-bowl in New York city-and regional gatherings in Wisconsin; Washington, d.c.; Texas; Illinois; and California we also offered virtual support through-educational webinars for parents-to-be, attracting over 1,000 registrants and nearly 300 live attendees -peer support groups for parents and parents-to-be, including two specialized groups for parents of school-aged children educating the publicthrough storytelling, public relations, and communications, family equality brought visibility and awareness to the stories of lgbtq+ families across the united states with the goal of strengthening the public's understanding of our unique needs and experiences. This work included-launching a network of experts who can speak on topics related to fertility, adoption, legal protections, and other issues affecting families -securing media placements in outlets such as USA today, people magazine, and yahoo! News in response to major initiatives and as a result of relationships with key media outlets resulting in 1.42k mentions and 5b in reach-creating a monthly email newsletter for families and supporters with updates, events, family stories, and resources -leveraging social media to share family stories and educational information, garnering 2m+ impressions -launching an online state-by-state guide for parents considering foster care and adoption-sharing family stories through multimedia content, such as our moving hope starts here video and a touching tribute to 30 years of family week featuring many long-time attendees including three generations of a family who has attended since the 1990s in 2024, throughout all of our work, we advocated for equality for all, created meaningful events and educational resources, and shared the stories of families on a national level.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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

SUPPORTED - 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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 78
  • Accountability: 97
  • Sustainability: 12
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.3%; rating input score 78
  • Program expense ratio: 66.2%; rating input score 66
  • Fundraising efficiency: $5.4 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 88.2%; rating input score 88; 2nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: No; rating input score 0

Accountability

  • Independent voting board: 94.7%; rating input score 95; 25th 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: -17.8%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.19; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 54; 54th percentile among comparable filings
  • Officer compensation ratio: 30.7%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 4.4% per year; rating input score 100; 36th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 36th percentile among comparable filings
  • Asset growth: 3.6% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 78.3% of revenue deployed · 66.2% of spending went to programs
  • Governance: 18 of 19 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.2M in reported program spending
  • Leadership: top reported pay $153K · 34 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Financial Efficiency: Fundraising efficiency scored 19/100.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 54/100.