INSTITUTE FOR ENHANCED EQUITY (EIN 851129350) - 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

2021

Legal Domicile

Principal Officer

MICHAEL HUBBARD II

Phone

5044594553

Tax Period

2023-01-01 to 2023-12-31

INSTITUTE FOR ENHANCED EQUITY, founded in 2021, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 256% from the prior year, signaling strong growth momentum. The organization ran a surplus of $286K, a strong 24% operating margin.

Mission

THE INSTITUTE FOR ENHANCED EQUITY IS A 501C3 ORGANIZATION THAT SEEKS TO ADDRESS ECONOMIC AND SOCIAL DISPARITIES THROUGH 1) FISCAL SPONSORSHIP SERVICES SUPPORTING SOCIAL AND ENVIRONMENTAL JUSTICE ORGANIZATIONS, 2) DESIGNING AND IMPLEMENTING PROGRAMS THAT EXPAND ECONOMIC DEVELOPMENT OPPORTUNITIES FOR MINORITY BUSINESSES AND INDIVIDUALS, AND 3) FOSTERING FINANCIAL EDUCATION AND TRAINING FOR MINORITY BUSINESSES AND INDIVIDUALS.

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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 $1,198,588

Program Service Revenue $0

Investment Income $3,972

Other Revenue $0

TOTAL REVENUE $1,202,560

Expense Breakdown

Grants Paid $0

Salaries & Benefits $179,611

Fundraising Expenses $0

Program Expenses $822,926

Other Expenses $737,173

TOTAL EXPENSES $916,784

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,202,560	$337,456	+2.6%
Expenses	$916,784	$151,501	+5.1%
Net Income	$285,776	$185,955	+0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGORY ST ETIENNE	CHAIRPERSON	2	Officer	$0	$0	$0
MONICA LANDRY	SECRETARY	2	Officer	$0	$0	$0
MICHAEL HUBBARD II	TREASURER	2	Officer	$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	No data	No data	No data	No data
2023	$1,202,560	$916,784	$471,972	$285,776
2022	$337,456	$151,501	$185,955	$185,955

INSTITUTE FOR ENHANCED EQUITY