EQUITY PROJECT

EIN: 832696563 501(c)(3)

PHILADELPHIA, PA

Total Revenue
$122,340
Total Expenses
$267,404
Total Assets
$195,205
Net Assets
$-30,423
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
PA
Tax Period
2020-07-01 to 2021-06-30

EQUITY PROJECT, founded in 2018, is a small nonprofit that reported $122K in total revenue in fiscal year 2020. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $267K exceeded revenue, resulting in a 119% operating deficit.

Mission

The Equity Project is committed to advancing racial equity through radical access. We believe every community has the right to transformative experiences creative spaces and the resources needed to reach our full potential. We build the power and resiliency of Black and Brown youth to heal from trauma achieve their goals and harness their creativity for change.

Program Service Accomplishments

Program 1
Expenses: $231,193 Revenue: $0

The Equity Project is a comprehensive community-based organization that offers a safe space and trauma- informed youth-led programming which utilizes best practices to support Black and Brown youth...

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The Equity Project is a comprehensive community-based organization that offers a safe space and trauma- informed youth-led programming which utilizes best practices to support Black and Brown youth in healing from trauma building resilience and advocating for self and community care. Our services include: Safe Haven: We offer an emotionally and physically safe public space that provides respite from daily trauma. Trauma-informed design which acknowledges a strong link between our physiological state our emotional state and the physical environment has been utilized in our nurturing environment which features high ceilings tall windows natural greenery comfortable seating an open kitchen aromatherapy calming colors and comforting sounds. Equitable Access: Free basic services such as fresh fruit healthy snacks and meals shower laundry services detergent washer and dryer hygiene and period products a charging station for all variety of phones Wi-Fi printers MacBooks and iPads. Racial Equity: Providing opportunities for understanding of the impact of racism the exercise of agency choice and power and the development of positive cultural identities civic engagement and social and emotional skills viewed through an equity lens. Trusted Adults: Building meaningful connections with others is a deeply healing process and is at the core of all our programming. Our staff are trained on the impacts of trauma on youth can recognize signs symptoms and triggers and offer consistent support and recognition. Because representation matters we encourage relationship-building with Black and Brown community members through play group activities shared meals and creative endeavors. Trauma Informed Tools and Resources: Offering mental health and wellness education in a space replete with sensory-friendly tools and toys including therapeutic bean bags and swing manipulatives games and books and home to our facility dog Zoe and rescue kitten Billie. Creative Outlets: As art is an essential healing tool in navigating and understanding our experiences we promote creativity and innovation through media artistic and cultural exploration. Youth have open access to art music and writing materials including acrylic and watercolor paint and canvases digital video cameras musical instruments and recording equipment. Advocacy and Academic support: Staff offer strength-based collaborative relationships to address the variety of issues presented by our youth including conflict resolution emotional support transportation food clothing driver's licensing and identification provision resume employment and benefit applications family and school challenges. We also offer tutoring and academic support as well as referrals to trusted partners when needed.

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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 (2020)

Revenue Breakdown

Contributions & Grants $122,340
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $122,340

Expense Breakdown

Grants Paid $0
Salaries & Benefits $210,295
Fundraising Expenses $0
Program Expenses $231,193
Other Expenses $57,109
TOTAL EXPENSES $267,404

Year-over-Year Comparison

2020 2019 Change
Revenue $122,340 $947,847 -0.9%
Expenses $267,404 $833,206 -0.7%
Net Income $-145,064 $114,641 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
25
Volunteers
25

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Delaney Morgan Director 4.00
Director
$0 $0 $0
Karen Archer Stratton Director 2.00
Director
$0 $0 $0
Erin Smith Director 3.00
Director
$0 $0 $0
Sherry Benitez Director 2.00
Director
$0 $0 $0
Francisco Leon Director 2.00
Director
$0 $0 $0
Cheyenne Flores Board Secretary 2.00
Officer
$0 $0 $0
Kimberly Walker M Ed President 3.00
Officer
$0 $0 $0
Kemar Williams Vice President 2.00
Officer
$0 $0 $0
Mauricio Ramirez Treasurer 2.00
Officer
$0 $0 $0
Natalie Knochenhauer Founder CEO 60.00
Highest
$126,080 $0 $126,080
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
2021 $122,340 $267,404 $195,205 $-145,064
2020 $947,847 $833,206 $364,011 $114,641
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