Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2021.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
52 cents of each dollar spent went to programs.
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
4 people listed on the 990; $70K paid to officers and key staff.
Briane Cornish’s $116K as Executive Director is at the 86th percentile of top reported officer pay among 1404 $100K–1M crime & legal 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 · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Briane Cornish | $116,040 | $166,659 | $70,005 | $56,962 |
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 15aYes
Programs and updates
Helps formerly incarcerated individuals build credit for successful re-entry.
Questions for Finequity INC
Your first name shows with your question. Finequity INC answers here, for everyone.
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We served formerly incarcerated community members and their families on their journey to navigate credit barriers and establish credit. First, we provided community members with free summaries of their current credit report and what their credit report conveys to prospective lenders and landlords.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $169K | $871K |
| Total assetsLn 16 | $170K | $1.0M |
| LiabilitiesLn 26 | $327 | $10K |
| Net assetsLn 32 | $169K | $991K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $70K | $18K | $28K | $25K |
| Other salaries and wagesLn 7 | $89K | $75K | $14K | |
| Other employee benefitsLn 9 | $9K | $5K | $2K | $2K |
| Payroll taxesLn 10 | $15K | $8K | $3K | $4K |
| Management feesLn 11a | $31K | $28K | $3K | |
| Accounting feesLn 11c | $15K | $15K | ||
| Other fees for servicesLn 11g | $19K | $19K | $0 | |
| Advertising and promotionLn 12 | $2K | $2K | ||
| Office expensesLn 13 | $3K | $1K | $1K | |
| Information technologyLn 14 | $6K | $3K | $2K | $654 |
| OccupancyLn 16 | $7K | $4K | $1K | $2K |
| TravelLn 17 | $219 | $219 | ||
| Conferences, conventions and meetingsLn 19 | $7K | $7K | ||
| InsuranceLn 23 | $3K | $2K | $462 | $638 |
| All other expensesLn 24e | $204 | $80 | $124 | |
| Total functional expensesLn 25 | $275K | $144K | $84K | $48K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $101K | $385K | −$284K | $751K | 990 PDF |
| FY2023 | $566K | $522K | $44K | $1.0M | 990 PDF |
| FY2022 Viewing | $947K | $275K | $672K | $991K | 990 PDF |
| FY2021 | $259K | $124K | $135K | $169K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $947,411 revenue, 12 lines filed
Part VI · Governance 3 of 3 board members independent, no flags
Part VIII · Statement of revenue $947,411 across 3 lines filed
Part IX · Statement of functional expenses $275,432 across 15 lines filed
Part X · Balance sheet $1,001,732 assets, 10 lines filed
Part XI · Reconciliation of net assets $991,273 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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