Equality Virginia EIN 54-1950205

Equality Virginia FY2021 filing

EIN  54-1950205 Public charity (501(c)(3)) Richmond, VA
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports LGBTQ+ Virginians through research, education, and legal analysis for equality.
Leadership
Virginia Lamneck · Executive Di · $104K
Money in and out
$748K revenue, $636K expenses
Bottom line
81% program efficiency

Supports LGBTQ+ Virginians through research, education, and legal analysis for equality. For fiscal year 2021 it reported $748K in revenue, $636K in expenses, and $641K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$748K
Pt VIII · Ln 12
Total expenses
$636K
Pt IX · Ln 25
Net assets
$641K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $112K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.11 Fundraising $0.08
Program efficiency
81%
of spending reaches programs
Operating runway
11.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+15%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$748K
FY2021▲ +24%
Expenses
$636K
FY2021▲ +37%
Total assets
$664K
FY2021▲ +23%
Total liabilities
$23K
FY2021▲ +109%
Total revenue
$748K
Pt VIII · Ln 12
Total expenses
$636K
Pt IX · Ln 25
Net assets
$641K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$112K
Total assetsPt X · Ln 16$664K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

2 program services account for $512K of program spending, described in the organization's own filed words · FY2021.
01

Conduct public education and outreach events throughout virginia to keep tens of thousands of virginians aware of the issues impacting the LGBT community and involved in the organization's programs.

$512Kprogram expense
02

The organization's annual commonwealth dinner is a significant fundraiser and brings more than 1,000 people together to honor outstanding virginians, celebrate successes, and energize supporters as the organization continues to work for LGBT equality.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEquality Virginia
EINHdr · item D54-1950205
Principal addressHdr · item CRichmond, VA
WebsiteHdr · item Jequalityvirginia.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R26)
Ruling yearIRS BMFNov 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
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
Executive Di
$103,950Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Narissa Rahaman’s $100K as Executive Di is at the 76th percentile of top reported officer pay among 1035 $100K–1M civil rights & advocacy 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Virginia Lamneck$12,466$103,950$94,500
Narissa Rahaman$100,000$100,000$91,282

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$734K · 98%
Other revenue$14K · 2%
Contributions & grants98%$734K
Other revenue2%$14K
Total revenueLn 12$748K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.11 Fundraising $0.08
Program services81%$512K
Management & general11%$70K
Fundraising8%$54K
Total functional expensesLn 25$636K

Balance Sheet

Part X · end of year
CashLn 1$631K
Total assetsLn 16$664K
Total liabilitiesLn 26$23K
Total net assetsLn 32$641K
Months of cash on handcomputed11.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $631K · Operating expenses/yr $636K
11.9 months
Where the money goes
Program services
Program services $512K · Total expenses $636K
81%
Management & General
Management & general $70K · Total expenses $636K
11%
Fundraising
Fundraising $54K · Total expenses $636K
8%
Cost to raise $1
Fundraising expense (2-yr avg) $49K · Solicited contributions (2-yr avg) $619K
$0.08 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $734K · Total revenue $748K
98%
Government reliance
Government grants — · Total revenue $748K
Earned-income share
Program service revenue $0 · Total revenue $748K
0%
Investment reliance
Investment income $-5K · Total revenue $748K
-1%
Program self-sufficiency
Program service revenue $0 · Total expenses $636K
0%
Growth & trend
Revenue growth (YoY)
This year $748K · Prior year $601K
+24%
Net-asset trend (YoY)
End of year $641K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $748K · Expenses $636K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $664K
Net-asset ratio
Net assets $641K · Total assets $664K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $664K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Virginia Lamneck · Reported title EXECUTIVE DI · Highest reported compensation $104K · Total expenses $636K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $370K · Total expenses $636K
58%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 11%
Fundraising cost ratio 7%
Revenue growth 24%
Accounting fee ratio 3%

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 · FY2024
See all 12 funders →
Grants paid · 2 grants · $27K · 2020–2021

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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)$614K revenue · ⤓ 990 PDF
FY2023$515K revenue · ⤓ 990 PDF
FY2022$650K revenue · ⤓ 990 PDF
FY2021$748K revenue · viewing · ⤓ 990 PDF
FY2020$601K 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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