genEquality Inc

EIN: 821439407 501(c)(3) Civil Rights & Advocacy

Dover, DE

Total Revenue
$232,828
Total Expenses
$205,475
Total Assets
$59,658
Net Assets
$59,658
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
DE
Principal Officer
Sharareh Hakimi
Phone
5164470274
Tax Period
2023-01-01 to 2023-12-31

genEquality Inc, founded in 2017, is a small nonprofit in the Civil Rights & Advocacy sector that reported $233K in total revenue in fiscal year 2023. Revenue surged 144% from the prior year, signaling strong growth momentum. Expenses of $205K left a modest 12% surplus.

Mission

genEquality's mission is to creatively activate equality and inclusion. Its flagship program, Nudge Art, puts behavioral insights into practice in creative ways, primarily in partnership with public schools and public housing communities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $40,382
Program Service Revenue $191,084
Investment Income $1,362
Other Revenue $0
TOTAL REVENUE $232,828

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $130,464
Fundraising Expenses $0
Program Expenses $205,475
Other Expenses $72,011
TOTAL EXPENSES $205,475

Year-over-Year Comparison

2023 2022 Change
Revenue $232,828 $95,406 +1.4%
Expenses $205,475 $63,920 +2.2%
Net Income $27,353 $31,486 -0.1%
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
2
Independent Members
1
Employees
N/A
Volunteers
200

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
1
$75,000
Total Directors
1
$0
Key Employees
3
$75,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sharareh Hakimi Founder & Executive Director 35
Officer Key Emp
$75,000 $0 $75,000
Anthony Barrows Board Advisor 1
Director
$0 $0 $0
Sophie Sutherland Board Director 1
$0 $0 $0
Erica Lee Director, Strategy 10
Key Emp
$0 $0 $0
Lisa Maione Director, Creative 10
Key Emp
$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
2023 $232,828 $205,475 $59,658 $27,353
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