Equitas Inc
- Assets
- $11.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 11/2007
- Data as of
- 12/2023
- 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 12/2023, Equitas Inc generated $29.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $37.4k during the year ending 12/2023. 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
2023
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Cook Chairman | 0 | $0 | |
Scott Hofert Vice Presidient | 0 | $0 | |
Steven Smith Treasurer | 0 | $0 | |
Daniel Mccollum Director | 0 | $0 | |
Brad Creel Director | 0 | $0 | |
Lauren Arroyo Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,516 |
| 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 | $29,516 |
| 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 | $294 |
| Occupancy, rent, utilities, and maintenance | $10 |
| Printing, publications, postage, and shipping | $10 |
| Other expenses | $37,045 |
| Total expenses | $37,359 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,879 |
| Other assets | $0 |
| Total assets | $11,879 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,879 |