Family Equality EIN 52-1438455

Family Equality

EIN  52-1438455 Public charity (501(c)(3)) New York, NY
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/31/26 · see original filing: IRS
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Size
$1–10M
What they do
Advocates for LGBTQ families' legal and lived equality through community, education, and policy change.
Leadership
Stacey Stevenson · President and CEO · $148K
Money in and out
$2.9M revenue, $3.4M expenses
Bottom line
66% program efficiency

Advocates for LGBTQ families' legal and lived equality through community, education, and policy change. For fiscal year 2024 it reported $2.9M in revenue, $3.4M in expenses, and $551K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$2.9M
Pt VIII · Ln 12
Total expenses
$3.4M
Pt IX · Ln 25
Net assets
$551K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$512K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.17 Fundraising $0.17
Program efficiency
66%
of spending reaches programs▲ +11% vs prior filing year
Operating runway
1.4mo
months of highly liquid reserves at operating expense rate▼ -50% vs prior filing year
Surplus margin
-18%
revenue over expenses, this year▼ -419% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.9M
FY2024▼ -15%
Expenses
$3.4M
FY2024▼ -4%
Total assets
$631K
FY2024▼ -46%
Total liabilities
$80K
FY2024▼ -28%
Total revenue
$2.9M
Pt VIII · Ln 12
Total expenses
$3.4M
Pt IX · Ln 25
Net assets
$551K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$512K
Total assetsPt X · Ln 16$631K
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 418
Mission & Programs · Part III

Where the work happens

1 program service account for $2.2M of program spending, described in the organization's own filed words · FY2024.
01

In 2024, family equality advocated for equality at the state and national level; connected LGBTQ+ people to one another, to vital resources, and to the support that every family deserves; and educated the public to build more inclusive communities.

$2.2Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFamily Equality
EINHdr · item D52-1438455
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.familyequality.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFDec 1985

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b18
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President and CEO
$147,518Pt VII · Sec A
VP, Development
$129,432Pt VII · Sec A
Chief of Staff
$128,729Pt VII · Sec A
Int. Pres./CEO (7/24-2/25), Co-Chair
$128,623Pt VII · Sec A
VP, Policy
$124,432Pt VII · Sec A
VP, Communications and Marketing
$121,685Pt VII · Sec A
SR. Dir. of Education Law & Policy
$102,720Pt VII · Sec A
$102,718Pt VII · Sec A

Stacey Stevenson’s $148K as President and CEO is at the 63rd percentile of top reported officer pay among 3393 $1–10M education 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Stacey Stevenson$147,518$259,210$228,172$150,951
Stanley Sloan$189,739
Matthew Ramsey$129,432$121,245$120,473
Kim Simes$128,729$120,710$109,350
Alexis Kantor$128,623
Luce Remy$124,432
Tonya Agnew$121,685$103,675
Shelbi Day$119,990

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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Statement of Revenue

Part VIII
Contributions & grants$3.1M · 106%
Program service revenue$218K · 8%
Contributions & grants106%$3.1M
Program service revenue8%$218K
Investment income$500
Total revenueLn 12$2.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.17 Fundraising $0.17
Program services66%$2.2M
Management & general17%$582K
Fundraising17%$567K
Total functional expensesLn 25$3.4M

Balance Sheet

Part X · end of year
CashLn 1$389K
Total assetsLn 16$631K
Total liabilitiesLn 26$80K
Total net assetsLn 32$551K
Months of cash on handcomputed1.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $389K · Operating expenses/yr $3.4M
1.4 months
Where the money goes
Program services
Program services $2.2M · Total expenses $3.4M
66%
Management & General
Management & general $582K · Total expenses $3.4M
17%
Fundraising
Fundraising $567K · Total expenses $3.4M
17%
Cost to raise $1
Fundraising expense (3-yr avg) $607K · Solicited contributions (3-yr avg) $2.8M
$0.21 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $3.1M · Total revenue $2.9M
106%
Government reliance
Government grants — · Total revenue $2.9M
Earned-income share
Program service revenue $218K · Total revenue $2.9M
8%
Investment reliance
Investment income $500 · Total revenue $2.9M
0%
Program self-sufficiency
Program service revenue $218K · Total expenses $3.4M
6%
Growth & trend
Revenue growth (YoY)
This year $2.9M · Prior year $3.4M
-15%
Revenue CAGR
FY2020 $3.0M · FY2024 $2.9M
-1%
Net-asset trend (YoY)
End of year $551K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.9M · Expenses $3.4M
-18%
Liabilities-to-Assets
Total liabilities — · Total assets $631K
Net-asset ratio
Net assets $551K · Total assets $631K
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $631K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Stacey Stevenson · Reported title PRESIDENT AND CEO · Highest reported compensation $148K · Total expenses $3.4M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.3M · Total expenses $3.4M
67%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 17%
Fundraising cost ratio 19%
Revenue growth -15%
Legal fee ratio 0%
Accounting fee ratio 1%

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 · received and paid
Grants received · FY2025
Total grants receivedfrom 3 funders$26K
See all 3 funders →
Grants paid · 2 grants · $45K · 2022–2022
ColageWA · FY2022$40,000
ColageWA · FY2022$5,387

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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)$2.9M revenue · viewing · ⤓ 990 PDF
FY2023$3.4M revenue · ⤓ 990 PDF
FY2022$3.3M revenue · ⤓ 990 PDF
FY2021$2.9M revenue · ⤓ 990 PDF
FY2020$3.0M 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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