EQUALITY DREAM TEAM

EIN: 852550404 501(c)(3) Education

CHICAGO, IL

Total Revenue
$261,990
Total Expenses
$241,502
Total Assets
$20,488
Net Assets
$20,488
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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
2020
Legal Domicile
IL
Phone
7734317800
Tax Period
2024-08-01 to 2025-07-31

EQUALITY DREAM TEAM, founded in 2020, is a small nonprofit in the Education sector that reported $262K in total revenue in fiscal year 2024. Revenue surged 127% from the prior year, signaling strong growth momentum. Expenses of $242K left a modest 8% surplus.

Mission

PROVIDE RESOURCES AND TOOLS TO HELP AFRICAN AMERICAN YOUTH FROM UNDERSERVED COMMUNITIES AGED 14-24 ACHIEVE ECONOMIC SUSTAINABILITY THROUGH EDUCATION, CAREER, AND WORKFORCE DEVELOPMENT.

Program Service Accomplishments

Program 1
Expenses: $89,427

EDT PROVIDED PAID SUBSIDIZED WAGES AND STIPENDS TO OVER 70 UNDERSERVED STUDENTS AGES 16-24 FOR CAREER AND WORKFORCE DEVELOPMENT. EDT ASSISTED OVER 70 STUDENTS IN FINDING INTERNSHIPS AND JOBS. EDT...

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EDT PROVIDED PAID SUBSIDIZED WAGES AND STIPENDS TO OVER 70 UNDERSERVED STUDENTS AGES 16-24 FOR CAREER AND WORKFORCE DEVELOPMENT. EDT ASSISTED OVER 70 STUDENTS IN FINDING INTERNSHIPS AND JOBS. EDT INTRODUCED 100 HIGH SCHOOL STUDENTS TO OVER 500 FORTUNE 500 COMPANIES, AS WELL AS OVER 10 HEALTH, WELLNESS,,MEDICAL INSTITUTIONS,, AND 150 COLLEGES. EDT CONDUCTED A CAREER DEVELOPMENT PAID INTERNSHIP FOR OVER 35 JUNIOR AND SENIOR HIGH SCHOOL STUDENTS.

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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 $261,990
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $261,990

Expense Breakdown

Grants Paid $0
Salaries & Benefits $105,669
Fundraising Expenses $5,000
Program Expenses $89,427
Other Expenses $135,833
TOTAL EXPENSES $241,502

Year-over-Year Comparison

2024 2023 Change
Revenue $261,990 $115,173 +1.3%
Expenses $241,502 $86,628 +1.8%
Net Income $20,488 $28,545 -0.3%
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
10
Independent Members
N/A
Employees
N/A
Volunteers
20

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
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER AUGMON PRESIDENT 60.00
Officer 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
2025 $261,990 $241,502 $20,488 $20,488
2024 $115,173 $86,628 $28,545 $28,545
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