Resource Equity

Friday Harbor, WAUnknown exempt organization EIN 81-2141200Revenue $176K in FY2023

On file with the IRSresourceequity.orgPo Box 2839 · Friday Harbor, WA

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We work to advance women's rights to land and natural resources in the developing world.

46¢ of each $1 spent went to programs.
Run by 3 volunteers and 4 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average deficit $20K a year · 3% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
46%
of spending
Concern: 46% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$66K
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
Named funders
1
named funder · $43
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$176K
-75% vs prior year
Spent
$201K
To programs
46%
Net assets
$0
By yearFY2020–FY2023
Revenue
$176K
FY2023▼ -75%
Tap a bar for its year
Revenue by fiscal year
FY2020$726K
FY2021$1.2M
FY2022$690K
FY2023$176K
Expenses
$201K
FY2023▼ -81%
Tap a bar for its year
Expenses by fiscal year
FY2020$702K
FY2021$962K
FY2022$1.0M
FY2023$201K
Net assets
$0
FY2023▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$107K
FY2021$381K
FY2022$25K
FY2023$0

From the FY2023 Form 990 (year ending November 2023) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

46 cents of each dollar spent went to programs.

Program services 46% · $93K Management & general 54% · $108K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $66K paid to officers and key staff.

Part VII, Section A · reportable compensation
Managing Director (until 11/7/23)
$50,730Pt VII · Sec A
Co-Director (until 11/7/23)
$15,521Pt VII · Sec A
Chair (until 11/7/23)
$0Pt VII · Sec A
Treasurer (until 11/7/23)
$0Pt VII · Sec A
Director (until 11/7/23)
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
David Bledsoe—$170,950$163,460$127,241
Elisa Scalise$50,730$166,685$170,932$151,695
Renee Giovarelli$15,521$45,636$144,683$159,360
Hirut Girma—$141,500——

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Advance women's rights to land and natural resources globally.

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Provided by the organization

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1 program · $93K · in their own filed words · FY2023
01

Resource equity ran the women's land rights institute, teaching lawyers and advocates around the world concrete strategies on how to improve women's land rights. Resource equity also has conducted research and evidence review of successful land reform programs in ethiopia, tanzania, and liberia, as well as conducted research on the…

$93Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$43

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$176K
Ln 12
Fees for servicesLn 2g$177K
Gifts and grantsLn 1h$1K
Money outPt IX
$201K
Ln 25
Programscol B$93K
Managementcol C$108K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1K
Fees for servicesLn 2g$177K
Gains on assetsLn 7−$7K
Total revenueLn 12$176K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 54
VolunteersI 63
Fiscal year endsHeaderNovember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$44K$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$11K$0
Total assetsLn 16$193K$0
LiabilitiesLn 26$167K$0
Net assetsLn 32$25K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$69K$20K$49K
Other salaries and wagesLn 7$48K$31K$18K
Other employee benefitsLn 9$4K$4K
Payroll taxesLn 10$8K$4K$4K
Accounting feesLn 11c$21K$21K
Other fees for servicesLn 11g$38K$29K$9K
Office expensesLn 13$1K$63$1K
Information technologyLn 14$2K$1K$1K
InterestLn 20$1K$1K
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$3K$3K
Total functional expensesLn 25$201K$93K$108K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $176K$201K−$25K$0 990 PDF
FY2022 $690K$1.0M−$355K$25K 990 PDF
FY2021 $1.2M$962K$274K$381K 990 PDF
FY2020 $726K$702K$24K$107K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $176,030 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $326,453$1,172
I-9 Program service revenuePrior year $363,774$177,385
I-10 Investment incomePrior year $167−$6,953
I-11 Other revenuePrior year $0$4,426
I-12 Total revenuePrior year $690,394$176,030
I-13 Grants and similar amounts paidPrior year $7,154$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $762,925$129,510
I-16a Professional fundraising feesPrior year $27,600$0
I-17 Other expensesPrior year $247,272$71,045
I-18 Total expensesPrior year $1,044,951$200,555
I-19 Revenue less expensesPrior year −$354,557−$24,525
Part VI · Governance 3 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $176,030 across 6 lines filed
VIII-1f All other contributions, gifts and grants$1,172
VIII-1h Total contributions, gifts and grants$1,172
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $177,385$177,385
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$6,953−$6,953
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $4,426$4,426
VIII-12 Total revenueRelated to mission $177,385 · Unrelated business $0 · Excluded from tax −$2,527$176,030
Part IX · Statement of functional expenses $200,555 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $20,014 · Management $49,463$69,477
IX-7 Other salaries and wagesPrograms $30,506 · Management $17,878$48,384
IX-9 Other employee benefitsPrograms $3,752$3,752
IX-10 Payroll taxesPrograms $4,394 · Management $3,503$7,897
IX-11c Accounting feesManagement $20,558$20,558
IX-11g Other fees for servicesPrograms $29,372 · Management $8,814$38,186
IX-13 Office expensesPrograms $63 · Management $1,399$1,462
IX-14 Information technologyPrograms $1,343 · Management $1,093$2,436
IX-20 InterestManagement $1,386$1,386
IX-22 Depreciation, depletion and amortizationPrograms $3,610$3,610
IX-23 InsuranceManagement $3,407$3,407
IX-25 Total functional expensesPrograms $93,054 · Management $107,501 · Fundraising $0$200,555
Part X · Balance sheet $0 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $13,517$0
X-2 Savings and temporary cash investmentsStart of year $30,407$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $114,351$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $23,879$0
X-10c Land, buildings and equipment, netStart of year $10,563$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $192,717$0
X-17 Accounts payable and accrued expensesStart of year $14,114$0
X-19 Deferred revenueStart of year $3,250$0
X-24 Unsecured notes and loans payableStart of year $150,000$0
X-26 Total liabilitiesStart of year $167,364$0
X-27 Net assets without donor restrictionsStart of year −$69,957$0
X-28 Net assets with donor restrictionsStart of year $95,310$0
X-32 Total net assets or fund balancesStart of year $25,353$0
X-33 Total liabilities and net assetsStart of year $192,717$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$176,030
XI-2 Total expenses$200,555
XI-3 Revenue less expenses−$24,525
XI-4 Net assets at start of year$25,353
XI-9 Other changes in net assets−$828
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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