EQUITABLE (EIN 465234202) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Principal Officer

DEBBIE LOWN

Phone

6166483694

Tax Period

2024-01-01 to 2024-12-31

EQUITABLE, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $146K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $173K exceeded revenue, resulting in a 19% operating deficit.

Mission

OR MOST SIGNIFICANT ACTIVITIES EQUITABLE INITITATIVE EMPOWERS SURROUNDING COMMUNITIES TO BECOME HEALTHIER THROUGH INCREASED ACCESS TO HEALTHY FOODS AND NUTRITION EDUCATION. THE ORGANIZATION DOES THIS BY COLLECTING AND TRANSPORTING PRODUCE TO THE LOW-INCOME NEIGHBORHOODS FOR DISTRIBUTION TO INDIVIDUALS, FOOD PANTRIES AND FREE OR LOW- COST MEAL PROGRAMS. ORGANIZATION'S MISSION EQUITABLE INITIATIVE'S PURPOSE IS TO IMPROVE THE HEALTH OF LOW INCOME AND THE HOMELESS RESIDENTS OF THE HEARTSIDE NEIGHBORHOOD AND SURROUNDING COMMUNITIES BY PROVIDING INCREASED ACCESS TO HEALTHY FOODS AND NUTRITION EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $85,114

Program Service Revenue $59,842

Investment Income $1,210

Other Revenue $0

TOTAL REVENUE $146,166

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,180

Fundraising Expenses $0

Program Expenses $173,428

Other Expenses $166,248

TOTAL EXPENSES $173,428

Year-over-Year Comparison

	2024	2023	Change
Revenue	$146,166	$177,217	-0.2%
Expenses	$173,428	$127,527	+0.4%
Net Income	$-27,262	$49,690	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RORI TRENCH	SECRETARY	0.58	Officer	$0	$0	$0
LISA SISSON	TREASURER	4.54	Officer	$0	$0	$0
KRISTIN MORETTO	DIRECTOR	0.40	Director	$0	$0	$0
DEBBIE LOWN	CHAIR	5.13	Officer	$0	$0	$0
KELLY GLAS	DIRECTOR	0.37	Director	$0	$0	$0
SCOTT HARDY	DIRECTOR	0.75	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$146,166	$173,428	$87,366	$-27,262
2023	$177,217	$127,527	$114,628	$49,690
2022	$146,582	$128,628	$68,056	$17,954
2021	$199,034	$195,731	$50,101	$3,303
2020	$214,284	$200,248	$47,759	$14,036

EQUITABLE