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Tennessee · Nonprofit

THE EQUITY ALLIANCE

THE EQUITY ALLIANCE (Tennessee) receives grants from 61 organizations whose IRS filings report $8,092,335 to it, the largest being SANDLER FOUNDATION ($1,250,000). 29 of them have funded it in more than one year.

Revenue FY2024
$2.1M
Funders on record
61
Grants received
$8.1M
Net assets
$3.6M
29/61 repeat fundersgrants exceed reported revenue in one year
01What it does

What The Equity Alliance does

Mission

Founded in january 2017, The Equity Alliance (tea) mission is to unapologetically build independent black political and economic power. We educate, empower, and mobilize black people to take action and keep our government in check.

As stated on its FY2024 Form 990.

Program

  1. In 2024, The Equity Alliance (tea) continued to build people power through a record 490 events aimed at advancing advocacy, voter engagement, and community education. Across our c3 and c4 activities, 925 new individuals who joined teas growing network of changemakers. Tea generated 6,426 event sign-ups in 2024, connecting thousands of community members to opportunities for action. We recruited these volunteers at college campuses, community meetings, public events, online, and over the phone. Throughout the year, volunteers demonstrated leadership by attending public meetings such as school board and city council sessions, participating in rallies and protests, sharing information via social media, passing out educational materials, and staffing informational tables at community gatherings.

    $1,479,666 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,479,666.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($275k) Expenses 100 ($138k) Net assets 100 ($149k)2020 Revenue 398 ($1.1M) Expenses 231 ($320k) Net assets 622 ($926k)2021 Revenue 344 ($948k) Expenses 599 ($829k) Net assets 1193 ($1.8M)2022 Revenue 636 ($1.8M) Expenses 1091 ($1.5M) Net assets 1350 ($2.0M)2023 Revenue 1145 ($3.2M) Expenses 1189 ($1.6M) Net assets 2363 ($3.5M)2024 Revenue 765 ($2.1M) Expenses 1484 ($2.1M) Net assets 2397 ($3.6M)
201920202021202220232024
Revenue (765)Expenses (1484)Net assets (2397)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $2.1M to $3.6M (+67%).

$159k
$948k
$2.1M
$2.1M
$3.6M
$3.6M
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

94% of THE EQUITY ALLIANCE’s revenue is contributions — about as donation-reliant as the typical peer (97% for the typical peer).

This organization
Typical peer · 1,024 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$137k
’19
$775k
’20
$119k
’21
$241k
’22
$1.5M
’23
$51k
’24
21
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201920202021202220232024
Listed233322
Joined··+0+0··
No longer listed··00··
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 3 funders to 27 funders, grant income rose $167k → $2.3M.

14 of 61 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE EQUITY ALLIANCE’s funders (the co-funder graph). Top 30 of 61 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE EQUITY ALLIANCE has a broad base — no single funder exceeds 15% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

58% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE EQUITY ALLIANCE.

15%
largest funder
35%
top three
~15
effective funders

Largest funder’s share by year: 2018 36% · 2019 31% · 2020 16% · 2021 19% · 2022 27% · 2023 21% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of THE EQUITY ALLIANCE's funders are still giving 3 years after their first grant; 48% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

THE EQUITY ALLIANCE draws 76% of its grant income from funders outside Tennessee, across 13 states in all.

MI
NY
MA
OH
NJ
CT
CA
CO
TN
NC
DC
GA
TX

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Tennessee out of state home

Funder states come from each funder’s own filing. $2.1M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE EQUITY ALLIANCE holds deeper cash reserves than three-quarters of the 976 civil rights nonprofits its size.

Operating margin2% · below the median
Months of reserve20.9mo · top quartile
Revenue growth (annualized)50% · top quartile

this organization peer median middle 50% of peers· 976 civil rights nonprofits $1M–$10M, FY2024

Organizations like THE EQUITY ALLIANCE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Tennessee

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

72% of spending goes to programs.

Program 72%Management 24%Fundraising 4%

Governance

8
board members
0%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for THE EQUITY ALLIANCE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE EQUITY ALLIANCE?
THE EQUITY ALLIANCE (Tennessee) receives grants from 61 organizations whose IRS filings report $8,092,335 to it, the largest being SANDLER FOUNDATION ($1,250,000). 29 of them have funded it in more than one year.
How many funders does THE EQUITY ALLIANCE have?
IRS filings report 61 organizations giving $8,092,335 in grants to THE EQUITY ALLIANCE, 29 of which have funded it in more than one year.
Who is the largest funder of THE EQUITY ALLIANCE?
SANDLER FOUNDATION is the largest funder on record, with $1,250,000 in grants. The full list of funders is on this page.
How can an organization like THE EQUITY ALLIANCE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Equity Alliance →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 61 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing