INFORMATION EQUITY INITIATIVE INC

EIN: 872840729 501(c)(3) Education

BOULDER, CO

Total Revenue
$864,252
Total Expenses
$867,562
Total Assets
$1,001,041
Net Assets
$56,174
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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
CO
Principal Officer
ERIK LANGNER
Phone
4152356923
Tax Period
2023-01-01 to 2023-12-31

INFORMATION EQUITY INITIATIVE INC, founded in 2021, is a small nonprofit in the Education sector that reported $864K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

TO ENSURE EVERYONE HAS ACCESS TO HIGH QUALITY DIGITAL LEARNING RESOURCES.

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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 $746,493
Program Service Revenue $115,070
Investment Income $2,689
Other Revenue $0
TOTAL REVENUE $864,252

Expense Breakdown

Grants Paid $0
Salaries & Benefits $474,372
Fundraising Expenses $53,356
Program Expenses $648,169
Other Expenses $393,190
TOTAL EXPENSES $867,562

Year-over-Year Comparison

2023 2022 Change
Revenue $864,252 $800,105 +0.1%
Expenses $867,562 $522,377 +0.7%
Net Income $-3,310 $277,728 -1.0%
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
4
Independent Members
3
Employees
N/A
Volunteers
3

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
$467,492
Total Directors
4
$300,006
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM FALLON DIRECTOR 2.00
Director
$0 $0 $0
DR STEPHANIE FRAZIER DIRECTOR 2.00
Director
$0 $0 $0
RON HETRICK DIRECTOR 2.00
Director
$0 $0 $0
ERIK LANGNER CEO 40.00
Officer Director
$0 $8,112 $300,006
NAIARA AZPIRI COO 40.00
Officer
$167,486 $0 $167,486
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 $864,252 $867,562 $1,001,041 $-3,310
2022 $800,105 $522,377 $561,794 $277,728
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