Equality Project EIN 27-2049717

Equality Project

EIN  27-2049717 Public charity (501(c)(3)) Henderson, NV
Form 990 (PDF) Compare with another nonprofit →
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Size
$1–10M
What they do
Promotes human services, cultural awareness, and advocacy for all.
Leadership
Christopher Davin · President
Money in and out
$1.2M revenue, $1.0M expenses
Bottom line
44% program efficiency

Promotes human services, cultural awareness, and advocacy for all. For fiscal year 2024 it reported $1.2M in revenue, $1.0M in expenses, and $427K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$427K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $177K
Where spending went · Part IX cols B–D
Program services $0.44 Management & general $0.42 Fundraising $0.14
Program efficiency
44%
of spending reaches programs▲ +13% vs prior filing year
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate▼ -4% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▼ -40% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.2M
FY2024▲ +41%
Expenses
$1.0M
FY2024▲ +59%
Total assets
$352K
FY2024▲ +45%
Total liabilities
$-75K
FY2024▼ -914%
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$427K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$177K
Total assetsPt X · Ln 16$352K
Program-expense ratioPt IX · col B44%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

2 program services account for $711K of program spending, described in the organization's own filed words · FY2024.
01

To engage, enrich and empower ther gay, lesbian, bisexual, transgenderm, allies adn queer community by engaging in several events the largest ones for us in the las year was the pride fest and our outside events.

$356Kprogram expense
02

To engage, enrich and empower ther gay, lesbian, bisexual, transgenderm, allies adn queer community by engaging in several events the largest ones for us in the las year was the pride fest and our outside events.

$356Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEquality Project
EINHdr · item D27-2049717
Principal addressHdr · item CHenderson, NV
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNV
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G81)
Ruling yearIRS BMFSep 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Equality Project executive salaries →

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Statement of Revenue

Part VIII
Program service revenue$1.0M · 84%
Contributions & grants$198K · 16%
Program service revenue84%$1.0M
Contributions & grants16%$198K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.44 Management & general $0.42 Fundraising $0.14
Program services44%$458K
Management & general42%$436K
Fundraising14%$149K
Total functional expensesLn 25$1.0M

Balance Sheet

Part X · end of year
CashLn 1$218K
Total assetsLn 16$352K
Total liabilitiesLn 26$-75K
Total net assetsLn 32$427K
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $218K · Operating expenses/yr $1.0M
2.5 months
Where the money goes
Program services
Program services $458K · Total expenses $1.0M
44%
Management & General
Management & general $436K · Total expenses $1.0M
42%
Fundraising
Fundraising $149K · Total expenses $1.0M
14%
Cost to raise $1
Fundraising expense (3-yr avg) $101K · Solicited contributions (3-yr avg) $267K
$0.38 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $198K · Total revenue $1.2M
16%
Government reliance
Government grants — · Total revenue $1.2M
Earned-income share
Program service revenue $1.0M · Total revenue $1.2M
84%
Investment reliance
Investment income $0 · Total revenue $1.2M
0%
Program self-sufficiency
Program service revenue $1.0M · Total expenses $1.0M
98%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $866K
+41%
Revenue CAGR
FY2020 $101K · FY2024 $1.2M
+86%
Net-asset trend (YoY)
End of year $427K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $1.0M
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $352K
Net-asset ratio
Net assets $427K · Total assets $352K
121%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $352K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Christopher Davin · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $1.0M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $174K · Total expenses $1.0M
17%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 44%
Overhead ratio 42%
Fundraising cost ratio 75%
Revenue growth 41%
Legal fee ratio 11%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$65K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.2M revenue · viewing · ⤓ 990 PDF
FY2023$866K revenue · ⤓ 990 PDF
FY2022$138K revenue · ⤓ 990 PDF
FY2021$101K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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