Equitas Inc
- Assets
- $13.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 11/2007
- Data as of
- 12/2021
- EIN
- 26-1080217
Organization Overview
Equitas Inc is located in Charlotte, NC. The organization was established in 2007. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Equitas Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Equitas Inc generated $36.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $36.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
EQUITAS EXISTS TO EMPOWER AND PROVIDE OPPORTUNITY THROUGH EDUCATION FOR ORPHANS AND VULNERABLE CHILDREN IN DEVELOPING COUNTRIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Hofert Vice Presidient | 0 | $0 | |
Steve Cook Chairman | 0 | $0 | |
Matt Oniel Secretary | 0 | $0 | |
Steven Smith Treasurer | 0 | $0 | |
Daniel Mccollum Director | 0 | $0 | |
Lauren Arroyo Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,875 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,875 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $283 |
| Occupancy, rent, utilities, and maintenance | $2,268 |
| Printing, publications, postage, and shipping | $55 |
| Other expenses | $33,808 |
| Total expenses | $36,414 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,828 |
| Other assets | $0 |
| Total assets | $13,828 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,828 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Equitas Inc has recieved totaling $3,262.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $300 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $300 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $300 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $300 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $300 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Real Property Holdings Inc Charlotte, NC | $53,988,196 | $19,881,979 |
Communities In Schools Of North Carolina Inc Raleigh, NC | $8,297,246 | $8,586,637 |
Lutheran Homes Of South Carolina Foundation Inc Irmo, SC | $47,033,372 | $5,922,264 |
The Arc Davidson County & Greater Nashville Nashville, TN | $1,667,294 | $2,925,688 |
Thrift Alliance Nashville, TN | $769,764 | $2,756,268 |
Virginia Baptist Homes Foundation Inc Glen Allen, VA | $12,836,580 | $2,666,939 |
Center For Developmental Services D-B-A Cds Greenville, SC | $1,715,779 | $2,187,540 |
Goodwin House Foundation Alexandria, VA | $20,888,847 | $5,521,365 |
Georgia Youth Homes Foundation Madison, GA | $25,002,046 | $1,469,118 |
Friends Of Caroline Hospice Of Beaufort Inc Ridgeland, SC | $9,149,146 | $2,113,389 |
Christian Service Charities Inc Alexandria, VA | $0 | $1,688,792 |
Charlotte Rescue Mission Social Enterprise Charlotte, NC | $538,263 | $1,007,088 |