Institute for Enhanced Equity

Nonprofit profile at a glance

EIN
851129350
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-N 2021
Location
New Orleans, LA, USA
Phone
5044594553
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Minority Rights

Official website

Reported finances

Revenue
$1,500,838
Expenses
$1,528,521
Assets
$460,923
Liabilities
$16,633

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

Leadership & pay

4 people listed

Highest reported compensation

  • ROISHETTA S OZANE (PROGRAM DIRECTOR): $102,536 total reported compensation

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

Overview

Mission

The institute for enhanced equity (tiee) is a 501c3 organization dedicated to advancing economic viability by: providing mission-aligned fiscal sponsorship to grassroots and community organizations specifically those working to address economic and social disparities. Delivering equity-driven programs that expand economic opportunities for minority-owned and women-owned businesses through utilizing effective strategies, coaching, and capacity-building services.

What it reported doing in 2024

The vessel project of Louisiana is a grassroots mutual aid, disaster relief, and environmental justice organization founded in southwest Louisiana in response to several federally declared disasters, including hurricanes laura and delta, winter storm uri, and the may flood of 2021. The vessel project realizes the intersectionality of the challenges that plague bipoc communities and works holistically to achieve environmental and climate justice, voting rights, and access to housing, energy, clean water, safe fresh produce, and healthcare.

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 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 82
  • Accountability: 69
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90%; rating input score 90
  • Program expense ratio: 88.3%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 73.5%; rating input score 73; 33rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 14th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Limited
    • 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: -1.8%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 6.7%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 77.8% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 57.4% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 36.9% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 90% of revenue deployed · 88.3% of spending went to programs
  • Governance: 2 of 3 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $1.4M in reported program spending
  • Leadership: top reported pay $103K · 4 people listed
  • Consistency: 24 of 25 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • Moderate — Sustainability: Operating margin scored 31/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.