EQUILIBERTY COMMUNITY IMPACT FOUNDATION

EIN: 931511584 501(c)(3) Human Services

Houston, TX

Total Revenue
$322,053
Total Expenses
$198,887
Total Assets
$123,166
Net Assets
$123,166
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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
2023
Legal Domicile
TX
Principal Officer
Phillip Yates
Phone
8323180378
Tax Period
2025-01-01 to 2025-12-31

EQUILIBERTY COMMUNITY IMPACT FOUNDATION, founded in 2023, is a small nonprofit in the Human Services sector that reported $322K in total revenue in fiscal year 2025. Revenue surged 399% from the prior year, signaling strong growth momentum. The organization ran a surplus of $123K, a strong 38% operating margin.

Mission

ECIF is a nonprofit organization that was founded in 2023 with a mission to reduce the wealth gap and increase economic mobility for small businesses and entrepreneurs from under-capitalized communities. Through our programming, we are cultivating an environment where individuals and families that reside in under-capitalized communities have access to financial literacy and entrepreneurship training, wealth building resources, innovative solutions and community-driven initiatives that foster financial inclusion and sustainable economic community growth.

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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 $322,053
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $322,053

Expense Breakdown

Grants Paid $66,250
Salaries & Benefits $10,500
Fundraising Expenses $0
Program Expenses $188,387
Other Expenses $122,137
TOTAL EXPENSES $198,887

Year-over-Year Comparison

2025 2024 Change
Revenue $322,053 $64,544 +4.0%
Expenses $198,887 $66,116 +2.0%
Net Income $123,166 $-1,572 -79.3%
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
N/A
Independent Members
N/A
Employees
N/A
Volunteers
75

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
0
$0
Total Directors
9
$0
Key Employees
3
$10,500
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Phillip Yates President and CEO 40
Key Emp
$4,500 $0 $4,500
Kodi Bailey COO and CFO 40
Key Emp
$3,500 $0 $3,500
Rachel Howard CTO and Data Compliance Officer 40
Key Emp
$2,500 $0 $2,500
Marlon Jackson Board of Director 0.05
Director
$0 $0 $0
Carl Brown Jr Board of Director 0.05
Director
$0 $0 $0
Paula Rodriguez Board of Director 0.05
Director
$0 $0 $0
Melanie Dukes Board of Director 0.05
Director
$0 $0 $0
Keith Donkor Board of Director 0.05
Director
$0 $0 $0
Alphonso Anderson Board of Director 0.05
Director
$0 $0 $0
Reginald Lillie II Board of Director 0.05
Director
$0 $0 $0
Teena Adams Board of Director 0.05
Director
$0 $0 $0
Regis Devonish Board of Director 0.05
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
2025 $322,053 $198,887 $123,166 $123,166
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