Genequality Inc
Nonprofit profile at a glance
- EIN
- 821439407
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2020
- Location
- Dover, DE, USA
- Phone
- 5164470274
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $151,877
- Expenses
- $159,589
- Assets
- $59,658
- Liabilities
- $7,712
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Sharareh Hakimi (Founder & Executive Director)
People named in this filing
- Sharareh Hakimi (Founder & Executive Director)
- Anthony Barrows (Board Advisor)
- Sophie Sutherland (Board Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
GenEquality's mission is to creatively activate equality and inclusion. Its flagship program, Nudge Art, puts behavioral insights into practice in creative ways, primarily in partnership with public schools and public housing communities.
What it reported doing in 2024
Nudge Art is genEquality's creative leadership development program focused on equality, inclusion, and belonging. We primarily work with public schools and public housing communities on leadership skillbuilding, community organizing, public safety, and urban placemaking in creative ways. Nudge Art encompasses both educational workshops and creative expression in the form of co-designed and co-created public art. Our goal is not just to creative engage and educate; we co-create innovative, lasting, and inspiring cues for beliefs and values that translate into actions and change.
Operating model
- Revenue model
- Donor-supported. 98% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 92
- Sustainability: 24
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.2%; rating input score 87
- Program expense ratio: 82.9%; rating input score 83
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -5.1%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0.37; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 22.2%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: -15.4% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: 53.5% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 87.2% of revenue deployed · 82.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $132K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 22/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.