Health Equity Initiative Inc
Nonprofit profile at a glance
- EIN
- 261878877
- IRS 990-EZ coverage
- 2012–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- New York, NY, USA
- Phone
- 7187070955
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Research Institutes and/or Public Policy Analysis
Reported finances
- Revenue
- $41,194
- Expenses
- $11,351
- Assets
- $136,039
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Renata Schiavo (Board President)
- Alka Masukhani (Vice President/Treasurer)
People named in this filing
- Renata Schiavo (Board President)
- Alka Masukhani (Vice President/Treasurer)
- Lenore Cooney (Board Member)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See Schedule O
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% for grants.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 40
- Transparency & Controls: 82
- Sustainability: 79
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20.3%; rating input score 20
- Program expense ratio: 73.7%; rating input score 74
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 72.4%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 11.98; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -20.7% per year; rating input score 0; 19th percentile among comparable filings
- Revenue growth: -7.5% per year; rating input score 0; 29th percentile among comparable filings
- Asset growth: 10.3% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 20.3% of revenue deployed · 73.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $8K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2012 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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: Mission deployment rate scored 20/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.