Family Equality
- Assets
- $1.4m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 26
- Location
- New York, NY
- Founding
- 12/1985
- Data as of
- 12/2022
- EIN
- 52-1438455
Organization Overview
Family Equality is located in New York, NY. The organization was established in 1985. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Family Equality employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Equality 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 12/2022, Family Equality generated $3.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $3.5m during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FAMILY EQUALITY IS CREATING A WORLD WHERE EVERYONE CAN EXPERIENCE THE LOVE, SAFETY, AND BELONGING OF FAMILY. AS THE LEADING NATIONAL ORGANIZATION FOR CURRENT AND FUTURE LGBTQ+ FAMILIES, WE WORK TO ENSURE THAT EVERYONE HAS THE FREEDOM TO FIND, FORM, AND SUSTAIN THEIR FAMILIES BY ADVANCING LGBTQ+ EQUALITY THROUGH ADVOCACY, SUPPORT, STORYTELLING, AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, FAMILY EQUALITY PROGRAM FOCUS AREAS INCLUDE LGBTQ+ SPECIFIC:VIRTUAL SUPPORT PROGRAMMING WITH THE EVOLUTION OF SOCIAL MEDIA AND VIRTUAL NETWORKS, LGBTQ+ FAMILY SUPPORT GROUPS HAVE BECOME A VEHICLE FOR DISSEMINATING IMPORTANT INFORMATION TO LGBTQ+ PARENTS AND PROSPECTIVE PARENTS. FAMILY EQUALITY PROVIDES MULTIPLE ONGOING FACILITATED PEER SUPPORT GROUPS FOR LGBTQ+ INDIVIDUALS AND PARENTS OF VARIOUS IDENTITIES. WE OFFER ADVOCACY AND EDUCATIONAL SUPPORT IN THE FORM OF VIRTUAL WEBINARS AND COMMUNITY EVENTS REGULARLY ON TOPICS OF IMPORTANCE TO OUR COMMUNITIES. OUR RESOURCES AND SUPPORT INCLUDE WRITTEN MATERIALS, VIDEOS, TOOLKITS AND MORE.FAMILY ENGAGEMENT AND VISIBILITYAN IMPORTANT PILLAR OF FAMILY EQUALITY'S WORK IS ENGAGING LGBTQ+ FAMILIES AND ENSURING THE VISIBILITY OF THEIR STORIES. PARENTS, PEOPLE WITH LGBTQ+ PARENTS, GRANDPARENTS, AND PROSPECTIVE PARENTS ALL HAVE IMPORTANT PERSPECTIVES, EXPERIENCES, AND VOICES THAT ARE INVALUABLE, ESPECIALLY IN THE CURRENT POLITICAL CLIMATE, AND FAMILY EQUALITY WORKS TO GATHER AND SHARE THOSE STORIES. IN ADDITION, FAMILY WEEK, THE LARGEST GATHERING OF LGBTQ FAMILIES IN THE WORLD, CONTINUES TO BE AN ANNUAL SUCCESS EACH SUMMER IN PROVINCETOWN, MA.FAMILY FORMATION RESOURCES AND SUPPORTFAMILY EQUALITY IS COMMITTED TO MAKING SURE THAT LGBTQ+ PARENTS AND THOSE WHO WISH TO FORM AN LGBTQ+ FAMILY HAVE CLEAR ACCESS TO A VARIETY OF FAMILY FORMATION/EXPANSION OPTIONS, AS WELL AS RESOURCES TO SUPPORT THEM AS THEY SEEK TO BECOME PARENTS. FAMILY EQUALITY WORKS WITH PROSPECTIVE PARENTS TO EDUCATE AND SUPPORT THEM THROUGH THEIR JOURNEY, OFFERS COMPETENCY TRAINING AND ALLYSHIP TO FAMILY BUILDING ORGANIZATIONS TO HELP GET PREPARED FOR OUR LGBTQ+ FAMILIES, AND SUPPORTS EMPLOYERS HOPING TO DEVELOP LGBTQ+ FAMILY FRIENDLY POLICIES AND BENEFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Marder Chair, Treasurer | OfficerTrustee | 6.75 | $0 |
Alexis Kantor Co Chair | OfficerTrustee | 6.75 | $0 |
Alex Habib Co Vice Chair | OfficerTrustee | 6.75 | $0 |
Beck Fineman Co Vice Chair | OfficerTrustee | 6.75 | $0 |
Kirk Fordham Interim Co Chair | OfficerTrustee | 6.75 | $0 |
Nancy Lyons Chair Emeritus | OfficerTrustee | 4.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $556,080 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,185,368 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,741,448 |
| Total Program Service Revenue | $34,000 |
| Investment income | $115 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $442,297 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $36,947 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,254,807 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,801 |
| Grants and other assistance to domestic individuals. | $400 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $356,308 |
| Compensation of current officers, directors, key employees. | $108,135 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,357,722 |
| Pension plan accruals and contributions | $7,801 |
| Other employee benefits | $144,299 |
| Payroll taxes | $143,534 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $6,980 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $459,359 |
| Advertising and promotion | $15,364 |
| Office expenses | $84,858 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $266,736 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $88,571 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,900 |
| Insurance | $0 |
| All other expenses | $11,058 |
| Total functional expenses | $3,508,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $908,786 |
| Savings and temporary cash investments | $10,595 |
| Pledges and grants receivable | $29,243 |
| Accounts receivable, net | $219,936 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $128,753 |
| Net Land, buildings, and equipment | $57,866 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,355,179 |
| Accounts payable and accrued expenses | $164,292 |
| Grants payable | $0 |
| Deferred revenue | $12,952 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $177,244 |
| Net assets without donor restrictions | $880,490 |
| Net assets with donor restrictions | $297,445 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,355,179 |
Grants Awarded
Over the last fiscal year, Family Equality has awarded $45,387 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COLAGE PURPOSE: FAMILY WEEK SUPPORT GRANT | $40,000 |
COLAGE PURPOSE: 20% OF FAMILY NIGHT DONATIONS | $5,387 |