Equitable Origin INC EIN 47-4007160 Form 990 (PDF) Claim this org

Equitable Origin INC FY2021 filing

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Supports fair and sustainable natural resource development through partnerships. For fiscal year 2021 it reported $585K in revenue, $627K in expenses, and $285K in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
Austin, TX
Website
www.equitableorigin.org
Filings
5 on file (2020–2021)
Revenue
$585KFY2021
Expenses
$627K
Net assets
$285K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-4007160 Public charity (501(c)(3)) Austin, TX
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Supports fair and sustainable natural resource development through partnerships.
Leadership
Tuntiak Katan · Director · $6K
Money in and out
$585K revenue, $627K expenses
Bottom line
80% program efficiency
Where the money goes · FY2021
Total revenue
$585K
Pt VIII · Ln 12
Total expenses
$627K
Pt IX · Ln 25
Net assets
$285K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$43K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.17 Fundraising $0.04
Program efficiency
80%
of spending reaches programs
Operating runway
2.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$585K
FY2021▲ +102%
Expenses
$627K
FY2021▲ +107%
Total assets
$310K
FY2021▼ -15%
Total liabilities
$25K
FY2021▼ -35%
Total revenue
$585K
Pt VIII · Ln 12
Total expenses
$627K
Pt IX · Ln 25
Net assets
$285K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$43K
Total assetsPt X · Ln 16$310K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEquitable Origin INC
EINHdr · item D47-4007160
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jwww.equitableorigin.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C30)
Ruling yearIRS BMFMar 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$6,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jason Switzer’s $140K as CEO is at the 94th percentile of top reported officer pay among 1981 $100K–1M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Jason Switzer$139,577$53,634
Soledad Mills Left 923$100,259
Tuntiak Katan$6,000
Tuntiak Katan$6,000
Tuntiak Katan Left 923$4,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $501K of program spending, described in the organization's own filed words · FY2021.
01

Indigenous Rights and Resources Hub

In partnership with the Coordinating Organization of Indigenous Peoples of the Amazon Basin (COICA), Equitable Origin is developing a virtual resource hub to strengthen in indigenous rights by collating training material, tools and information to support indigenous peoples in understanding and asserting their rights and to enable their…

$501Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$310K · 53%
Contributions & grants$275K · 47%
Program service revenue53%$310K
Contributions & grants47%$275K
Total revenueLn 12$585K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.17 Fundraising $0.04
Program services80%$501K
Management & general17%$104K
Fundraising4%$22K
Total functional expensesLn 25$627K

Balance Sheet

Part X · end of year
CashLn 1$111K
Total assetsLn 16$310K
Total liabilitiesLn 26$25K
Total net assetsLn 32$285K
Months of cash on handcomputed2.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $111K · Operating expenses/yr $627K
2.1 months
Where the money goes
Program services
Program services $501K · Total expenses $627K
80%
Management & General
Management & general $104K · Total expenses $627K
17%
Fundraising
Fundraising $22K · Total expenses $627K
4%
Cost to raise $1
Fundraising expense (2-yr avg) $13K · Solicited contributions (2-yr avg) $250K
$0.05 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $275K · Total revenue $585K
47%
Government reliance
Government grants — · Total revenue $585K
Earned-income share
Program service revenue $310K · Total revenue $585K
53%
Investment reliance
Investment income $0 · Total revenue $585K
0%
Program self-sufficiency
Program service revenue $310K · Total expenses $627K
49%
Growth & trend
Revenue growth (YoY)
This year $585K · Prior year $289K
+102%
Net-asset trend (YoY)
End of year $285K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $585K · Expenses $627K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $310K
Net-asset ratio
Net assets $285K · Total assets $310K
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $310K
0%
People & payroll
Highest Reported Total Compensation
Individual Tuntiak Katan · Reported title Director · Highest reported compensation $6K · Total expenses $627K
1.0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $113K · Total expenses $627K
18%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 17%
Fundraising cost ratio 8%
Revenue growth 102%
Investment management fee ratio 0%
Legal fee ratio 4%
Accounting fee ratio 0%
Fundraising 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$94K

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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)$955K revenue · ⤓ 990 PDF
FY2023$946K revenue · ⤓ 990 PDF
FY2022$831K revenue · ⤓ 990 PDF
FY2021$585K revenue · viewing · ⤓ 990 PDF
FY2020$289K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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