Resource Equity EIN 81-2141200 Form 990 (PDF) Claim this org

Resource Equity FY2020 filing

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Advance women's rights to land and natural resources globally. For fiscal year 2020 it reported $726K in revenue, $702K in expenses, and $107K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Friday Harbor, WA
Website
resourceequity.org
Filings
4 on file (2020–2020)
Revenue
$726KFY2020
Expenses
$702K
Net assets
$107K
People
6
Filings
4
Updates
0
More identity details & actions ⌄
EIN  81-2141200 Unknown exempt organization Friday Harbor, WA
Form 990 (PDF)
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Size
$100K–1M
What they do
Advance women's rights to land and natural resources globally.
Leadership
Renee Giovarelli · Co-Director · $159K
Money in and out
$726K revenue, $702K expenses
Bottom line
+3% surplus margin
Reported financial activity · FY2020
Total revenue
$726K
Pt VIII · Ln 12
Total expenses
$702K
Pt IX · Ln 25
Net assets
$107K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $24K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.44 Fundraising $0.00
Surplus margin
+3%
revenue over expenses, this year
Program spending
56%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$726K
FY2020
Expenses
$702K
FY2020
Total assets
$418K
FY2020
Total liabilities
$311K
FY2020
Total revenue
$726K
Pt VIII · Ln 12
Total expenses
$702K
Pt IX · Ln 25
Net assets
$107K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$24K
Total assetsPt X · Ln 16$418K
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CResource Equity
EINHdr · item D81-2141200
Principal addressHdr · item CFriday Harbor, WA
WebsiteHdr · item Jresourceequity.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Co-Director
$159,360Pt VII · Sec A
Managing Director
$151,695Pt VII · Sec A
Senior Attorney
$127,241Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$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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Mission & Programs · Part III

Where the work happens

1 program service account for $396K of program spending, described in the organization's own filed words · FY2020.
01

In support of our mission to advance women's rights to land and natural resources in the developing world, resource equity continues to develop three case studies on what works to improve land rights for women in the context of extractive interests. The case studies were undertaken in peru, papua new guinea and the ivory coast.

$396Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$431K · 59%
Program service revenue$294K · 41%
Contributions & grants59%$431K
Program service revenue41%$294K
Investment income$312
Total revenueLn 12$726K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.44 Fundraising $0.00
Program services56%$396K
Management & general44%$306K
Fundraising$49
Total functional expensesLn 25$702K

Balance Sheet

Part X · end of year
CashLn 1$358K
Total assetsLn 16$418K
Total liabilitiesLn 26$311K
Total net assetsLn 32$107K
Months of cash on handcomputed6.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $361K · Operating expenses/yr $702K
6.2 months
Where the money goes
Program services
Program services $396K · Total expenses $702K
56%
Management & General
Management & general $306K · Total expenses $702K
44%
Fundraising
Fundraising $49 · Total expenses $702K
<0.01%
Cost to raise $1
Fundraising expense $49 · Solicited contributions $431K
$0.00 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $431K · Total revenue $726K
59%
Government reliance
Government grants — · Total revenue $726K
Earned-income share
Program service revenue $294K · Total revenue $726K
41%
Investment reliance
Investment income $312 · Total revenue $726K
+0.04%
Program self-sufficiency
Program service revenue $294K · Total expenses $702K
42%
Growth & trend
Revenue growth (YoY)
This year $726K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $107K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $726K · Expenses $702K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $418K
Net-asset ratio
Net assets $107K · Total assets $418K
26%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $418K
0.8%
People & payroll
Highest Reported Total Compensation
Individual Renee Giovarelli · Reported title CO-DIRECTOR · Highest reported compensation $159K · Total expenses $702K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $542K · Total expenses $702K
77%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 44%
Fundraising cost ratio 0.01%
Accounting fee ratio 8%

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 · FY2022
Total grants receivedfrom 1 funder$43

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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
FY2023 (Latest)$176K revenue · ⤓ 990 PDF
FY2022$690K revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$726K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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