Equity4hc is located in Columbia, MD. The organization was established in 2019. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Equity4hc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Equity4hc 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, Equity4hc generated $145.8k 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 (53.7%) each year. All expenses for the organization totaled $186.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
SINCE MARCH 2020, WE HAVE PROVIDED FOOD & ESSENTIAL ITEMS TO NEARLY 100,000 PEOPLE.WE SUCCESSFULLY AMENDED EQUITY POLICY 1080 WITH A UNANIMOUS DECISION FROM THE HC BOARD OF EDUCA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wakeem Goode President | 10 | $0 | |
Makenna Burns Director | 40 | $50,000 | |
Daniel Burns Chairman | 40 | $63,000 | |
Arthur Muthiora Vice President | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,786 |
| 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 | $145,786 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $92,826 |
| Professional fees and other payments to independent contractors | $1,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $299 |
| Other expenses | $91,887 |
| Total expenses | $186,412 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,976 |
| Other assets | $0 |
| Total assets | $24,976 |
| Total liabilities | $3,663 |
| Net assets or fund balances | $21,313 |