EQUASION

EIN: 815350765 501(c)(3) Human Services

CINCINNATI, OH

Total Revenue
$210,318
Total Expenses
$168,974
Total Assets
$140,472
Net Assets
$140,279
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
OH
Principal Officer
MICHAEL HAWKINS
Phone
5138069650
Tax Period
2024-01-01 to 2024-12-31

EQUASION, founded in 2017, is a small nonprofit in the Human Services sector that reported $210K in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $41K, a strong 20% operating margin.

Mission

EQUASION IS A CIVIC ORGANIZATION GROUNDED IN INTERFAITH DIALOGUE THAT SPONSORS EDUCATIONAL PROGRAMMING TO FOSTER GREATER AWARENESS, RESPECT AND COLLABORATIVE EFFORTS AMOUNT CINCINNATI'S FAITH COMMUNITIES TO BRING ABOUT AN INCLUSIVE, EQUITABLE AND JUST COMMUNITY FOR EVERYONE. IT IS A NEW NON- PROFIT WHICH HAS ROOTS DATING BACK TO 1944 AND THE MISSION AND WORK OF THE SOUTHERN OHIO REGIONAL OFFICE OF THE NATIONAL CONFERENCE OF CHRISTIANS AND JEWS (NCCJ).

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $263,150
Program Service Revenue $29,076
Investment Income $2,977
Other Revenue $-84,885
TOTAL REVENUE $210,318

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,400
Fundraising Expenses $3,850
Program Expenses $99,103
Other Expenses $142,574
TOTAL EXPENSES $168,974

Year-over-Year Comparison

2024 2023 Change
Revenue $210,318 $144,348 +0.5%
Expenses $168,974 $103,330 +0.6%
Net Income $41,344 $41,018 +0.0%
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

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
30

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
5
$26,400
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT HARROD EXECUTIVE DI 20.00
Officer
$26,400 $0 $26,400
UMAMA ALAM TRUSTEE 1.00
Director
$0 $0 $0
TAMMY BENNETT TRUSTEE 1.00
Director
$0 $0 $0
JAMES BUCHANAN SECRETARY 1.00
Officer Director
$0 $0 $0
JAN ARMSTRONG COBB TREASURER 1.00
Officer Director
$0 $0 $0
ALFONSO CORNEJO TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL HAWKINS PRESIDENT 1.00
Officer Director
$0 $0 $0
SANDRA KALTMAN VICE PRESIDE 1.00
Officer Director
$0 $0 $0
AASEES KAUR TRUSTEE 1.00
Director
$0 $0 $0
ALMAS KHERANI TRUSTEE 1.00
Director
$0 $0 $0
INAYAT MALIK TRUSTEE 1.00
Director
$0 $0 $0
RAJ MANGLIK TRUSTEE 1.00
Director
$0 $0 $0
EVANS NWANKWO TRUSTEE 1.00
Director
$0 $0 $0
TAMIE SULLIVAN TRUSTEE 1.00
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 $210,318 $168,974 $140,472 $41,344
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