Nonprofit screen
Screen a listInnovation for Equity Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$550krevenue
FY2024 · −52% in 3 yrs3staff
4 of 4years filed
’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−53.1%
Months of reserve4.1mo
Revenue growth (annualized)−21.5%
Middle half of peersMedianInnovation for Equity
Where the money goes FY2024 · $843k spent
Programs$530k63%Management and general$192k23%Fundraising$120k14%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 68% of revenue stopped after FY2022
New Schools Fund gave $250k in FY2022, 68% of revenue that year.
Funders’ 990-PF grant listsDeficits in 3 of the last 3 years
−$379k in FY2022, −$294k in FY2023 and −$292k in FY2024. Cash covers 4.1 months, under the peer median of 6.7.
990 Part I and balance sheetIn its favor
None found in the filings.
11funders
$485ka year, last 3 years
82%from its largest funder
Funder’21’22’23New Schools FundOn and off$250kMightycause Charitable FoundationNew in FY2023$6kDonor-advised giftsDonors not disclosed$800k$400k
FundedThrough a donor-advised fund