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

Resource Equity FY2021 filing

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Advance women's rights to land and natural resources globally. For fiscal year 2021 it reported $1.2M in revenue, $962K in expenses, and $381K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Friday Harbor, WA
Website
resourceequity.org
Filings
4 on file (2020–2021)
Revenue
$1.2MFY2021
Expenses
$962K
Net assets
$381K
People
6
Filings
4
Updates
0
More identity details & actions ⌄
EIN  81-2141200 Unknown exempt organization Friday Harbor, WA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →
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Size
$100K–1M
What they do
Advance women's rights to land and natural resources globally.
Leadership
Elisa Scalise · Managing Director · $171K
Money in and out
$1.2M revenue, $962K expenses
Bottom line
+22% surplus margin
Reported financial activity · FY2021
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$962K
Pt IX · Ln 25
Net assets
$381K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $274K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.29 Fundraising $0.01
Surplus margin
+22%
revenue over expenses, this year
Program spending
70%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.2M
FY2021▲ +70%
Expenses
$962K
FY2021▲ +37%
Total assets
$558K
FY2021▲ +34%
Total liabilities
$177K
FY2021▼ -43%
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$962K
Pt IX · Ln 25
Net assets
$381K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$274K
Total assetsPt X · Ln 16$558K
Program-expense ratioPt IX · col B70%
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 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
Managing Director
$170,932Pt VII · Sec A
Senior Attorney
$163,460Pt VII · Sec A
Co-Director
$144,683Pt 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 $674K of program spending, described in the organization's own filed words · FY2021.
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.

$674Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$656K · 53%
Program service revenue$581K · 47%
Contributions & grants53%$656K
Program service revenue47%$581K
Investment income$114
— government grantsLn 1e$150K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.29 Fundraising $0.01
Program services70%$674K
Management & general29%$278K
Fundraising1%$10K
Total functional expensesLn 25$962K

Balance Sheet

Part X · end of year
CashLn 1$331K
Total assetsLn 16$558K
Total liabilitiesLn 26$177K
Total net assetsLn 32$381K
Months of cash on handcomputed4.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $334K · Operating expenses (Pt IX) $962K · Less non-cash grants $3K · Cash operating expenses/yr $959K
4.2 months
Where the money goes
Program services
Program services $674K · Total expenses $962K
70%
Management & General
Management & general $278K · Total expenses $962K
29%
Fundraising
Fundraising $10K · Total expenses $962K
1%
Cost to raise $1
Fundraising expense (2-yr avg) $5K · Solicited contributions (2-yr avg) $468K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $656K · Total revenue $1.2M
53%
Government reliance
Government grants $150K · Total revenue $1.2M
12%
Earned-income share
Program service revenue $581K · Total revenue $1.2M
47%
Investment reliance
Investment income $114 · Total revenue $1.2M
<0.01%
Program self-sufficiency
Program service revenue $581K · Total expenses $962K
60%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $726K
+70%
Net-asset trend (YoY)
End of year $381K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $962K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $558K
Net-asset ratio
Net assets $381K · Total assets $558K
68%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $558K
0.6%
People & payroll
Highest Reported Total Compensation
Individual Elisa Scalise · Reported title MANAGING DIRECTOR · Highest reported compensation $171K · Total expenses $962K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $633K · Total expenses $962K
66%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 29%
Fundraising cost ratio 2%
Revenue growth 70%
Accounting fee ratio 5%
Fundraising fee ratio 0.9%

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 · viewing · ⤓ 990 PDF
FY2020$726K 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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