EVOLVING EQUITY INC

EIN: 861860627 501(c)(3) Civil Rights & Advocacy

CORONA DEL MAR, CA

Total Revenue
$356,150
Total Expenses
$355,698
Total Assets
$452
Net Assets
$452
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CA
Principal Officer
TAMMY LAKES
Phone
3174080698
Tax Period
2021-01-26 to 2021-12-31

EVOLVING EQUITY INC, founded in 2021, is a small nonprofit in the Civil Rights & Advocacy sector that reported $356K in total revenue in fiscal year 2021.

Mission

TO PROVIDE SUPPORT FOR ORGANIZATIONS IN THE AREAS OF RECRUITING AND HIRING, RACIAL EQUITY POLICIES, AND THE CREATION OF EQUITABLE PROGRAMS

Program Service Accomplishments

Program 1
Expenses: $337,050 Revenue: $356,150

PROVIDING SUPPORT TO ORGANIZATIONS IN THE FOLLOWING AREAS: GUIDANCE FOR THEIR RECRUITING AND HIRING PRACTICES GUIDANCE FOR THEIR RACIAL EQUITY POLICIES, APPLYING TO BOTH EMPLOYEES AND CUSTOMERS...

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PROVIDING SUPPORT TO ORGANIZATIONS IN THE FOLLOWING AREAS: GUIDANCE FOR THEIR RECRUITING AND HIRING PRACTICES GUIDANCE FOR THEIR RACIAL EQUITY POLICIES, APPLYING TO BOTH EMPLOYEES AND CUSTOMERS CO-CREATION OF EQUITABLE PROGRAMS, APPLICABLE TO BOTH INTERNAL EMPLOYEES AND EXTERNAL CUSTOMERS, TO SHARE NEW PERSPECTIVES ON EQUITY AND THE POSITIVE IMPACTS AN EQUITABLE DISTRIBUTION OF RESOURCES CAN CREATE CONNECTIONS TO MINORITY OWNED BUSINESSES THAT ARE APPROPRIATELY SKILLED TO WORK AS CONTRACTORS TO MEET ORGANIZATIONAL GOALS

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $356,150
Investment Income $0
Other Revenue $0
TOTAL REVENUE $356,150

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,500
Fundraising Expenses $0
Program Expenses $337,050
Other Expenses $345,198
TOTAL EXPENSES $355,698

Year-over-Year Comparison

2021 2020 Change
Revenue $356,150 N/A N/A
Expenses $355,698 N/A N/A
Net Income $452 N/A N/A
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

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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
2
Independent Members
2
Employees
N/A
Volunteers
N/A

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
2
$10,500
Total Directors
2
$10,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAMMY LAKES PRESIDENT 5.00
Officer Director
$10,500 $0 $10,500
JULIE COLLINS SECRETARY 5.00
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
2021 $356,150 $355,698 $452 $452
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