EQ Housing Advisors

EIN: 921353808 501(c)(3) Housing & Shelter

Atlanta, GA

Total Revenue
$1,202,234
Total Expenses
$294,215
Total Assets
$4,593,486
Net Assets
$2,495,540
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
GA
Principal Officer
Marc S Pollack
Phone
4048351480
Tax Period
2024-01-01 to 2024-12-31

EQ Housing Advisors, founded in 2022, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 5743% from the prior year, signaling strong growth momentum. The organization ran a surplus of $908K, a strong 76% operating margin.

Mission

To serve as a much-needed umbrella in the affordable housing ecosystem involved in all things affordable housing for low-income people. EQ Housing Advisors shall advocate and work to drive policy, provide rental and/or for-sale thru acquisitions and/or development, invest in projects that provide affordable housing for low income persons, advice, mentor and consult with other sponsors/developers involved in providing affordable housing for low income persons, serve as a philanthropic organization in general in the ecosystem of housing for lower income persons, and to sell housing units to residents/owners who make no more than 80-120 percent of the area's median income as computed and published by the Department of Housing and Urban Development (HUD).

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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 $1,200,546
Program Service Revenue $0
Investment Income $1,688
Other Revenue $0
TOTAL REVENUE $1,202,234

Expense Breakdown

Grants Paid $0
Salaries & Benefits $66,998
Fundraising Expenses $0
Program Expenses $286,839
Other Expenses $227,217
TOTAL EXPENSES $294,215

Year-over-Year Comparison

2024 2023 Change
Revenue $1,202,234 $20,577 +57.4%
Expenses $294,215 $1,500 +195.1%
Net Income $908,019 $19,077 +46.6%
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
5
Independent Members
5
Employees
1
Volunteers
5

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marc Pollack Board Chair, President 30.00
Officer Director
$0 $0 $0
Robin Pollack Treasurer, Secretary 5.00
Officer Director
$0 $0 $0
Sylvia Gort Director 2.00
Director
$0 $0 $0
Aaron Goldman Director 2.00
Director
$0 $0 $0
Atticus Leblanc Director 2.00
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 $1,202,234 $294,215 $4,593,486 $908,019
2023 $20,577 $1,500 $509,077 $19,077
2022 $500,000 $10,000 $490,000 $490,000
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