Equity Alliance
- Assets
- $2.1m
- Revenue
- $947.7k
- Investments
- $0.0
- Employees
- 13
- Location
- Nashville, TN
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 81-5394158
Organization Overview
Equity Alliance is located in Nashville, TN. The organization was established in 2017. According to its NTEE Classification (R01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Equity Alliance employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Equity Alliance 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, Equity Alliance generated $947.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.2% each year . All expenses for the organization totaled $829.2k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED IN JANUARY 2017, THE EQUITY ALLIANCE (TEA) MISSION IS TO UNAPOLOGETICALLY BUILD INDEPENDENT BLACK POLITICAL AND ECONOMIC POWER. WE EDUCATE, EMPOWER, AND MOBILIZE BLACK PEOPLE TO TAKE ACTION AND KEEP OUR GOVERNMENT IN CHECK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EQUITY ALLIANCE HAS EXPERIENCED AMAZING HIGHS AND COURAGEOUS BATTLES ALONG THE JOURNEY TO ACHIEVING FIVE THRIVING YEARS OF WINNING VICTORIES FOR OUR COMMUNITIES. THE LAST TWO YEARS OF THE COVID-19 PANDEMIC HAVE UNMISTAKABLY BEEN THE MOST UNPRECEDENTED TIMES IN ALL OF OUR LIVES. WE ARE GRATEFUL TO HAVE YOU WEATHER THE STORMS AND REJOICE IN THE VICTORIES WITH US. THE TRANSFORMATIVE GROWTH AND EVOLUTION WE'VE BEEN FORTUNATE TO EXPERIENCE IS BECAUSE OUR INVESTORS AND EQUITY PARTNERS HAVE WORKED ALONGSIDE US TO ADVOCATE FOR AND DEMAND EQUITY AND BLACK LIBERATION. IN 2021, WE ADDED TO OUR GROWING TEAM TO INCLUDE 11 FULL-TIME EMPLOYEES, 2 PART-TIME EMPLOYEES, AND 27 CONTRACTORS. THIS ENABLED US TO FULLY STAFF OUR ORGANIZING, POLICY, AND COMMUNICATIONS DEPARTMENTS CREATING AN EMPLOYMENT INCREASE OF 280%. IT ALSO POSITIONED US TO EXPAND OUR STATEWIDE ALLIANCE TO INCLUDE CHATTANOOGA AND MEMPHIS CHAPTERS. BEYOND EMPLOYEES AND CONTRACTORS, WE HIRED AND PAID CANVASSERS WHO SERVED AS OUR LOCAL PRESENCE AND FOSTERED RELATIONSHIPS WITH EVERYDAY BLACK TENNESSEANS TO ENGAGE IN OUR MOVEMENT. WE LAUNCHED OUR SIGNATURE CIVIC LEADERSHIP DEVELOPMENT PROGRAM, LIBERTEA COLLECTIVE, GRADUATING MORE THAN 100 LIBERATORS FROM THREE COHORTS. WE LAUNCHED OUR INAUGURAL 2021-2024 STRATEGIC PLAN: THE BLACKPRINT, WHICH WILL ENCOMPASS A BOLD REPARATIONS POLICY AGENDA TO DEMAND DEMOCRACY, GROWTH, AND POWER FOR BLACK TENNESSEANS. THIS INITIATIVE KICKED OFF IN AUGUST 2021 WITH THE BLACKPRINT SURVEY TO POLL BLACK TENNESSEANS ACROSS THE STATE ON SIX CRITICAL ISSUES THAT IMPACT BLACK PEOPLE. WE COLLECTED OVER 6,500 RESPONSES TO BE USED AS A DIVERSE, YET UNIFIED REPRESENTATION OF VOICES THAT WILL INFLUENCE POLICY TRANSFORMATION IN OUR COMMUNITIES. THE RESULTS WILL BE INSTRUMENTAL DURING THE 2022 MIDTERM ELECTION CYCLE, 2023 POLICY ADVOCACY AND OUR ABILITY TO CHAMPION THE VALUES AND INTERESTS OF BLACK TENNESSEANS IN EVERY REGION TO STATE LEGISLATORS FOR YEARS TO COME.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlane Oliver Co Exec Dire | Officer | 40 | $61,996 |
Tequila Johnson Co Excu Dire | Officer | 40 | $53,675 |
Board Of Directors-Please See Attac Board Of Dir | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $947,682 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $947,682 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $947,682 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $115,671 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $156,953 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $73,238 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,220 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $192,649 |
| Advertising and promotion | $85,057 |
| Office expenses | $1,651 |
| Information technology | $7,130 |
| Royalties | $0 |
| Occupancy | $12,761 |
| Travel | $40,411 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,249 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $48,632 |
| All other expenses | $3,866 |
| Total functional expenses | $829,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,105,097 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $990 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,106,087 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $329,296 |
| Total liabilities | $329,296 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,776,791 |
| Total liabilities and net assets/fund balances | $2,106,087 |
Grants Recieved
Over the last fiscal year, we have identified 23 grants that Equity Alliance has recieved totaling $1,352,539.
| Awarding Organization | Amount |
|---|---|
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: 78900 GENERAL OPERATING SUPPORT FOR THE EQUITY ALL | $250,000 |
Sandler Foundation San Francisco, CA PURPOSE: GENERAL SUPPORT | $200,000 |
Kresge Foundation Troy, MI PURPOSE: TO PROVIDE GENERAL OPERATING SUPPORT FOR THE EXPANSION OF ORGANIZING AND VOTER PROTECTION EFFORTS IN MEMPHIS AND TENNESSEE. | $175,000 |
Amalgamated Charitable Foundation Inc Washington, DC PURPOSE: General operating support | $126,039 |
Democracy Fund Inc Washington, DC PURPOSE: GENERAL SUPPORT | $100,000 |
Echoing Green Inc New York, NY PURPOSE: FELLOWSHIP | $80,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Faith And Freedom Coalition Inc Duluth, GA | $9,626,243 | $29,681,130 |
Tea Party Patriots Action Woodstock, GA | $175,057 | $2,993,978 |
Tennesseans For Student Success Inc Franklin, TN | $2,115,346 | $2,991,500 |
Equity Alliance Nashville, TN | $2,106,087 | $947,682 |
Concerned Women For America Legislative Action Committee Alexandria, VA | $353,732 | $800,523 |
Nfib The Voice Of Free Enterprise Inc Nashville, TN | $108,993 | $647,237 |
Life Issues Institute Florence, KY | $629,093 | $917,947 |
Abortion Survivors Network Inc Kansas City, MO | $135,452 | $450,533 |
Cross Border Data Forum Inc Atlanta, GA | $0 | $313,750 |
Farm To Consumer Legal Defense Fund Falls Church, VA | $143,325 | $329,721 |
Jeffersonian Project Arlington, VA | $101,652 | $114,779 |
Atlanta Civic Circle Inc Atlanta, GA | $88,091 | $248,167 |