Equiticity

EIN: 853668073 501(c)(3) Education

Chicago, IL

Total Revenue
$13,883
Total Expenses
$125,291
Total Assets
$572,596
Net Assets
$558,890
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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
Principal Officer
Olatunji Oboi Reed
Phone
7739166264
Tax Period
2025-05-01 to 2025-06-30

Equiticity, founded in 2020, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2022. The organization ran a surplus of $1.8M, a strong 70% operating margin.

Mission

To operationalize racial equity by harnessing the collective power through research, advocacy, programs, community mobility rituals, and social enterprises to improve the lives of black, brown, and indigenous people in our society.

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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 (2025)

Revenue Breakdown

Contributions & Grants $13,881
Program Service Revenue $0
Investment Income $2
Other Revenue $0
TOTAL REVENUE $13,883

Expense Breakdown

Grants Paid $0
Salaries & Benefits $51,383
Fundraising Expenses $12,776
Program Expenses $76,333
Other Expenses $73,908
TOTAL EXPENSES $125,291

Year-over-Year Comparison

2025 2024 Change
Revenue $13,883 $1,316,941 -1.0%
Expenses $125,291 $1,267,179 -0.9%
Net Income $-111,408 $49,762 -3.2%
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
14
Independent Members
13
Employees
5
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
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nimotalai Azeez Treasurer 3.00
Officer Director
$0 $0 $0
Enjoli Dixon Secretary 3.00
Officer Director
$0 $0 $0
Gregory Rodriguez Chair 2.00
Officer Director
$0 $0 $0
Ben Schulman Director 2.00
Director
$0 $0 $0
Serrater Champman Director 2.00
Director
$0 $0 $0
Samantha Roxas Director 2.00
Director
$0 $0 $0
Bryan Echols Director 2.00
Director
$0 $0 $0
Freddie Fuller lll Director 2.00
Director
$0 $0 $0
Jerome Horne Director 2.00
Director
$0 $0 $0
Robert Bob Dean Director 2.00
Director
$0 $0 $0
Olatunji Oboi Reed President & CEO 40.00
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
2025 $1,316,941 $1,267,179 $809,440 $49,762
2025 $13,883 $125,291 $572,596 $-111,408
2024 $963,834 $2,182,376 $627,012 $-1,218,542
2023 $2,609,338 $770,260 $1,848,297 $1,839,078
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