EQUITY RESEARCH ORGANIZATION

EIN: 871841250 501(c)(3) Social Science

PHILADELPHIA, PA

Total Revenue
$2,901,573
Total Expenses
$1,635,049
Total Assets
$4,368,360
Net Assets
$1,950,215
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
PA
Principal Officer
JALIL M BISHOP
Phone
2163679962
Tax Period
2023-01-01 to 2023-12-31

EQUITY RESEARCH ORGANIZATION, founded in 2021, is a community nonprofit in the Social Science sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 44% operating margin.

Mission

THE EQUITY RESEARCH COOPERATIVE (EQRC) IS A NON-PROFIT RESEARCH COLLECTIVE THAT ADVANCES THE SOCIAL, ECONOMIC, EDUCATIONAL, AND POLITICAL INTERESTS OF COMMUNITIES OF COLOR THROUGH COMMUNITY-ENGAGED RESEARCH, ADVOCACY, AND THE PRAXIS OF REDISTRIBUTION. AS A PEOPLE OF COLOR-LED INTERDISCIPLINARY RESEARCH COOPERATIVE, WE STRATEGICALLY REDISTRIBUTE OUR FINANCIAL RESOURCES, ACADEMIC CAPITAL, AND OPERATIONAL INFRASTRUCTURE TO SOCIAL JUSTICE INITIATIVES, ORGANIZATIONS, AND MOVEMENTS THAT REDRESS STRUCTURAL OPPRESSION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $507,230
Program Service Revenue $2,342,586
Investment Income $51,757
Other Revenue $0
TOTAL REVENUE $2,901,573

Expense Breakdown

Grants Paid $1,231
Salaries & Benefits $926,492
Fundraising Expenses $0
Program Expenses $1,477,032
Other Expenses $707,326
TOTAL EXPENSES $1,635,049

Year-over-Year Comparison

2023 2022 Change
Revenue $2,901,573 $1,832,724 +0.6%
Expenses $1,635,049 $1,149,033 +0.4%
Net Income $1,266,524 $683,691 +0.9%
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
7
Independent Members
N/A
Employees
7
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
3
$226,417
Total Directors
8
$511,719
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JALIL BISHOP PRESIDENT 35.00
Officer Director
$117,655 $7,391 $125,046
MARIA SAYIL CAMACHO PEREZ SECRETARY 35.00
Officer Director
$95,633 $5,738 $101,371
JONATHAN DAVIS DIRECTOR OF RESEARCH 35.00
Director
$95,000 $6,826 $101,826
SHANELL HAGOOD DIRECTOR OF STRATEGY & CULTURE 35.00
Director
$96,581 $6,895 $103,476
AWILDA RODRIGUEZ CORE TEAM MEMBER 5.00
Director
$20,000 $0 $20,000
KEON MCGUIRE CORE TEAM MEMBER 15.00
Director
$60,000 $0 $60,000
OSCAR MAYORGA TREASURER 20.00
Officer Director
$0 $0 $0
CHARLES DAVID THRU 423 CORE TEAM MEMBER 20.00
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
2024 No data No data No data No data
2023 $2,901,573 $1,635,049 $4,368,360 $1,266,524
2022 $1,832,724 $1,149,033 $2,870,209 $683,691
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