Genequality Inc
- Assets
- $32.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dover, DE
- Founding
- 05/2017
- Data as of
- 12/2022
- EIN
- 82-1439407
Organization Overview
Genequality Inc is located in Dover, DE. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genequality 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 12/2022, Genequality Inc generated $95.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.8%) each year. All expenses for the organization totaled $63.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (46.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharareh Hakimi Founder & Executive Director | 35 | $30,000 | |
Sophie Sutherland Board Director | 1 | $0 | |
Anthony Barrows Board Advisor | 1 | $0 | |
Erica Lee Director, Strategy | 10 | $0 | |
Lisa Maione Director, Creative | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,535 |
| Total Program Service Revenue | $83,871 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,406 |
| 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 | $37,500 |
| Occupancy, rent, utilities, and maintenance | $2,288 |
| Printing, publications, postage, and shipping | $150 |
| Other expenses | $23,382 |
| Total expenses | $63,920 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,305 |
| Other assets | $0 |
| Total assets | $32,305 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,305 |