EQUIDAD ATX INC

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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

2018

Legal Domicile

Principal Officer

ASHTON CUMBERBATCH JR

Phone

5126576172

Tax Period

2023-01-01 to 2023-12-31

EQUIDAD ATX INC, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $268K in total revenue in fiscal year 2023. Revenue surged 561% from the prior year, signaling strong growth momentum. Expenses of $302K exceeded revenue, resulting in a 13% operating deficit.

Mission

A CATALYST FOR COLLABORATION TO ACCELERATE HOLISTIC, EQUITABLE, SUSTAINABLE AND TRANSFORMATIVE COMMUNITY DEVELOPMENT/REVITALIZATION IN THE "EASTERN CRESCENT" OF AUSTIN, TEXAS, AN AREA THAT HAS HISTORICALLY BEEN DEFINED BY RACIAL SEGREGATION, CONCENTRATED GENERATIONAL POVERTY, SYSTEMIC INEQUITIES AND STRUCTURAL DISPARITIES IN HEALTH, HOUSING, EDUCATION, HEALTH AND OTHER MEASUREMENTS OF COMMUNITY WELLNESS.

Program Service Accomplishments

Program 1

Expenses: $231,376

HEALTH AND COMMUNITY WELLNESS - ORGANIZED A TEAM OF NONPROFIT ORGANIZATIONS AND GOVERNMENT AGENCIES TO ADDRESS ONE OF THE MOST SIGNIFICANT, LONG-STANDING DISPARITIES IN THE EASTERN CRESCENT: LIMITED ACCESS TO AFFORDABLE NUTRITIOUS FOOD; HEALTHCARE FACILITIES; FINANCIALSERVICES; RETAIL STORES; PERSONAL SERVICES; RESTAURANTS; PROFESSIONAL SERVICES; CHILDCARE FACILITIES; LIBRARIES; AND MANY OTHER SERVICES AND AMENITIES READILY AVAILABLE IN OTHER PARTS OFAUSTIN. "LIVE WELL VIVE BIEN" IS DESIGNED AND WILL BE IMPLEMENTED TO PROVIDE A MOBILE ECOSYSTEMWHICH WILL PROVIDE AFFORDABLE, NUTRITIOUS FOOD AND ESSENTIAL HOUSEHOLD HOUSEHOLD ITEMS TO THE RESIDENTS OF SEVERAL EASTERN CRESCENT NEIGHBORHOODS.

Program 2

Expenses: $25,370

EDUCATION - COLLABORATED WITH AUSTIN ISD TO DEVELOP A COMMUNITY SCHOOL MODEL IN THE COLONY PARK NEIGHBORHOOD, INCLUDING PROGRAMS TO ADDRESS FOOD INSECURITY, STUDENT ACCESS TO TECHNOLOGY AND...

EDUCATION - COLLABORATED WITH AUSTIN ISD TO DEVELOP A COMMUNITY SCHOOL MODEL IN THE COLONY PARK NEIGHBORHOOD, INCLUDING PROGRAMS TO ADDRESS FOOD INSECURITY, STUDENT ACCESS TO TECHNOLOGY AND AFTER-SCHOOL PROGRAMS; AND WITH CHILD, INC. REGARDING AN EARLY CHILDHOOD LEARNING PROGRAM.

Program 3

Expenses: $384

HOUSING - ORGANIZED A COMMUNITY BASED PROGRAM WHICH WILL BE IMPLETMENTED AND PROVIDE A PRESERVATION PLAN INTENDED TO MITIGATE THE THREATENED DISPLACEMENT OF LONG-TIME RESIDENTS OF THE COLONY PARK...

HOUSING - ORGANIZED A COMMUNITY BASED PROGRAM WHICH WILL BE IMPLETMENTED AND PROVIDE A PRESERVATION PLAN INTENDED TO MITIGATE THE THREATENED DISPLACEMENT OF LONG-TIME RESIDENTS OF THE COLONY PARK NEIGHBORHOOD. COLONY PARK HAS BEEN CLASSIFIED AS "MOST VULNERABLE" TO DISPLACEMENT THROUGH GENTRIFICATION IN A CITY OF AUSTIN REPORT PREPARED BY THE UNIVERSITY OF TEXAS AT AUSTIN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $252,005

Program Service Revenue $0

Investment Income $16,100

Other Revenue $0

TOTAL REVENUE $268,105

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $140,726

Fundraising Expenses $15,825

Program Expenses $257,130

Other Expenses $158,881

TOTAL EXPENSES $302,107

Year-over-Year Comparison

	2023	2022	Change
Revenue	$268,105	$40,577	+5.6%
Expenses	$302,107	$309,607	0.0%
Net Income	$-34,002	$-269,030	-0.9%

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

Employees

Volunteers

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

$80,000

Total Directors