Equislabs
- Assets
- $17.2m
- Revenue
- $14.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2023
- EIN
- 83-3634824
Organization Overview
Equislabs is located in Washington, DC. Equislabs is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Equislabs generated $14.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 46.1% each year . All expenses for the organization totaled $2.7m during the year ending 12/2023. While expenses have increased by 6.6% per year over the past 5 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.
Since 2019, Equislabs has awarded 14 individual grants totaling $2,114,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AT EQUIS LABS, WE ARE CREATING A HOME FOR IDEAS, INNOVATION, AND LEADERSHIP DEVELOPMENT THAT HAS THE POTENTIAL TO MASSIVELY INCREASE LATINO ELECTORAL ENGAGEMENT AND BUILD LONG-TERM POLITICAL POWER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH AND DATAPROVIDE LATINO-SERVING GROUPS WITH ACTIONABLE RESEARCH TO HELP STRENGTHEN THEIR PROGRAMS AND OUTREACH EFFORTS. EQUIS LABS' RESEARCH THIS YEAR CONTINUED TO TACKLE SOME OF THE BIGGER ISSUES AND QUESTIONS OUR PARTNERS FACE EVERY DAY, FROM HOW TO BETTER UNDERSTAND THE REAL THREAT OF DISINFORMATION AND MISINFORMATION, TO HOW TO DEAL WITH THE ISSUE OF LANGUAGE IN OUR COMMUNITY. WE COLLECTED DIGITAL LATINO SURVEY RESPONSES, CONDUCTED FOCUS GROUPS AND POLLS.
PARTNERSHIPSTHROUGH PARTNERSHIPS PROGRAM, EQUIS LABS COLLABORATES WITH LOCAL, STATE AND NATIONAL PARTNERS ACROSS THE COUNTRY TO CARRY OUT OUR MISSION. EQUIS LABS WORK COLLABORATIVELY WITH PARTNERS, ALLIES AND MOVEMENT LEADERS BY CONVENING, SHARING OUR LATEST FINDINGS AND LEARNINGS, AND SUPPORTING PROGRAMS THAT ADDRESS THE DEEP-ROOTED ISSUES THAT PREVENT HISPANIC AND LATINO COMMUNITIES FROM ACHIEVING THEIR FULL POTENTIAL AND INFLUENCE.
LAPIZTHROUGH THE LATINO POLITICAL INNOVATION ZONES (LAPIZ), EQUISLABS WORKED WITH PARTNER GROUPS ON THE GROUND TO RUN A NON-PARTISAN GOTV PROGRAMMING AIMED AT LOW TURNOUT LATINO VOTERS, IN AN EFFORT TO DRAMATICALLY INCREASE LATINO VOTER ENGAGEMENT AND TURNOUT IN ELECTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Sena Secretary | OfficerTrustee | 1 | $0 |
Francesca DE Quesada Board Member | Trustee | 1 | $0 |
Sergio Gonzalez Treasurer | OfficerTrustee | 1 | $0 |
Sky Gallegos Chairperson | OfficerTrustee | 1 | $0 |
Maria Peralta Board Member | Trustee | 1 | $0 |
Stephanie Valencia Executive Director/cfo | Officer | 10 | $38,280 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shawmut Services Llc Canvass Consulting | 12/30/22 | $324,595 |
Sisneros Strategies Llc Lapiz Consulting | 12/30/22 | $1,800,000 |
Jl Research Consulting Llc Disinformation Research Consulting | 12/30/22 | $120,000 |
Solidarity Strategies Llc Lapiz Consulting, Youtube Consulting | 12/30/22 | $159,472 |
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 | $14,059,248 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,059,248 |
| Total Program Service Revenue | $0 |
| Investment income | $9,736 |
| 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 | $14,075,484 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $72,500 |
| 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. | $43,466 |
| Compensation of current officers, directors, key employees. | $8,693 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $777,626 |
| Pension plan accruals and contributions | $82,164 |
| Other employee benefits | $77,763 |
| Payroll taxes | $73,911 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,155 |
| Fees for services: Accounting | $38,319 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $522,953 |
| Advertising and promotion | $2,833 |
| Office expenses | $81,125 |
| Information technology | $105,958 |
| Royalties | $0 |
| Occupancy | $3,749 |
| Travel | $193,039 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,671 |
| Interest | $1,380 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $20,993 |
| Total functional expenses | $2,672,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,025,840 |
| Savings and temporary cash investments | $5,009,736 |
| Pledges and grants receivable | $8,396,748 |
| 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 | $7,771 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,772,982 |
| Total assets | $17,213,077 |
| Accounts payable and accrued expenses | $65,134 |
| 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 | $0 |
| Total liabilities | $65,134 |
| Net assets without donor restrictions | $8,751,195 |
| Net assets with donor restrictions | $8,396,748 |
| 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 | $17,213,077 |
Grants Awarded
Over the last fiscal year, Equislabs has awarded $72,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PRIORITIES USA ACTION PURPOSE: DIGITAL RANDOMIZED CONTROL TEST | $32,500 |
LOUD FOR TOMORROW PURPOSE: SOCIAL WELFARE GENERAL OPERATING SUPPORT | $6,000 |
FORWARD ACTION FUND PURPOSE: LAPIZ (POLITICAL INNOVATION ZONES) | $25,000 |
FLORIDA RISING PURPOSE: GENERAL OPERATING SUPPORT GRANT | $9,000 |