Embracing Equity INC FY2022 filing

Tax-deductible

Austin, TX501(c)(3)EducationEIN 84-4784245

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To create an affirming, inclusive, and equitable educational ecosystem.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$294K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $178K a year · 18% 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
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$294K
to officers and key staff · 30% of spending
Worth a look: pay to officers and key staff is 30% of spending; over 20%.
Pt VII · Sec A
Cash reserves
15 mo
of spending, in cash
Looks good: 14.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $26K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$108K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
-23% vs prior year
Spent
$966K
To programs
86%
Net assets
$1.4M
By yearFY2021–FY2024
Revenue
$1.1M
FY2022▼ -23%
Revenue by fiscal year
FY2021$1.4M
FY2022$1.1M
FY2022$495K
FY2023$969K
FY2024$570K
Expenses
$966K
FY2022▲ +550%
Expenses by fiscal year
FY2021$149K
FY2022$966K
FY2022$540K
FY2023$1.0M
FY2024$1.2M
Net assets
$1.4M
FY2022▲ +9%
Net assets by fiscal year
FY2021$1.3M
FY2022$1.4M
FY2022$1.3M
FY2023$1.3M
FY2024$666K

From the FY2022 Form 990 (year ending June 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2020.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $830K Management & general 10% · $94K Fundraising 4% · $41K

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

6 people listed on the 990; $294K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President & CEO
$125,210Pt VII · Sec A
Vice President & Cso
$94,822Pt VII · Sec A
Vice President, Clerk & COO
$74,153Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Christine Daisy Han’s $204K as President & CEO is at the 98th percentile of top reported officer pay among 1613 $100K–1M education 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2022
Christine Daisy Han$203,638$209,609$203,229$125,210
Rashi Jawade$163,360———
Rashi Jawade Non-Voting—$163,360$158,320$94,822
Sharon Keiser Non-Voting—$37,438$124,080$74,153

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.

See Embracing Equity INC executive salaries →

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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

Fosters an educational system that is welcoming, fair, and accessible to all.

Provided by the organization

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3 programs · $830K · in their own filed words · FY2021
01

Program Services

Embracing equity offers scaffolded program services at the individual, interpersonal, and institutional levels in order to effectively impact systemic change. In FY22, embracing equity supported 31 leaders representing 14 organizations through our year-long leadership residency, a comprehensive program that kicks off with an…

$330Kprogram expense
02

Community engagement and outreach in order to effect lasting change, embracing equity believes in the power of building trust and accountability in community as a cross-racial coalition. As of september 2022, embracing equity's virtual community is thriving with over 1800 active members and over 4700 subscribers.

$252Kprogram expense
03

Innovation and evaluationas a cutting-edge nonprofit startup, embracing equity intentionally invests time and resources into innovation and evaluation initiatives. For example, in addition to continuing to support schools and education nonprofits, we have tailored and expanded our offerings to support foundations in centering racial…

$248Kprogram 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 · FY2024
Total grants receivedfrom 3 funders$26K
See all 3 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$540K
Fees for servicesLn 2g$540K
Other incomeLn 4–11$3K
Money outPt IX
$966K
Ln 25
Programscol B$830K
Managementcol C$94K
Fundraisingcol D$41K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.5M
LiabilitiesLn 26$108K
PeoplePt VI, VII
6
listed · VII A
PaidVII A3
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$540K
Fees for servicesLn 2g$540K
Other incomeLn 4–11$3K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$125K
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.2M
Total assetsLn 16$1.5M
LiabilitiesLn 26$108K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 55
VolunteersI 63
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.4M$1.2M
Total assetsLn 16$1.4M$1.5M
LiabilitiesLn 26$168K$108K
Net assetsLn 32$1.3M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$524K$452K$46K$26K
Other salaries and wagesLn 7$174K$160K$8K$7K
Pension plan contributionsLn 8$10K$9K$446$407
Other employee benefitsLn 9$50K$44K$4K$3K
Payroll taxesLn 10$51K$45K$4K$2K
Accounting feesLn 11c$15K$15K
Lobbying feesLn 11d$1K$1K
Office expensesLn 13$2K$1K$908
Information technologyLn 14$9K$7K$3K$121
TravelLn 17$3K$3K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$91K$81K$10K
All other expensesLn 24e$31K$31K
Total functional expensesLn 25$966K$830K$94K$41K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $570K$1.2M−$592K$666K 990 PDF
FY2023 $969K$1.0M−$71K$1.3M 990 PDF
FY2022 Viewing $1.1M$966K$117K$1.4M 990 PDF
FY2021 $1.4M$149K$1.3M$1.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $1,083,058 across 5 lines filed
VIII-1f All other contributions, gifts and grants$540,185
VIII-1h Total contributions, gifts and grants$540,185
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $539,818$539,818
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $3,055$3,055
VIII-12 Total revenueRelated to mission $539,818 · Unrelated business $0 · Excluded from tax $3,055$1,083,058
Part IX · Statement of functional expenses $965,697 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $452,397 · Management $45,781 · Fundraising $26,220$524,398
IX-7 Other salaries and wagesPrograms $159,624 · Management $7,576 · Fundraising $7,205$174,405
IX-8 Pension plan contributionsPrograms $8,655 · Management $446 · Fundraising $407$9,508
IX-9 Other employee benefitsPrograms $43,539 · Management $4,244 · Fundraising $2,535$50,318
IX-10 Payroll taxesPrograms $45,135 · Management $3,698 · Fundraising $2,462$51,295
IX-11c Accounting feesManagement $15,427$15,427
IX-11d Lobbying feesFundraising $1,000$1,000
IX-13 Office expensesManagement $1,358 · Fundraising $908$2,266
IX-14 Information technologyPrograms $6,528 · Management $2,597 · Fundraising $121$9,246
IX-17 TravelPrograms $2,549$2,549
IX-23 InsuranceManagement $3,341$3,341
IX-24 Other expenses (24a–d)Programs $81,285 · Management $9,972$91,257
IX-24e All other expensesPrograms $30,687$30,687
IX-25 Total functional expensesPrograms $830,399 · Management $94,440 · Fundraising $40,858$965,697
Part X · Balance sheet $1,481,811 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $298,440$124,724
X-2 Savings and temporary cash investmentsStart of year $1,075,044$1,077,055
X-4 Accounts receivableStart of year $45,100$266,171
X-9 Prepaid expenses and deferred chargesStart of year $6,215$13,861
X-16 Total assetsStart of year $1,424,799$1,481,811
X-17 Accounts payable and accrued expensesStart of year $36,993$46,151
X-19 Deferred revenueStart of year $130,970$61,463
X-26 Total liabilitiesStart of year $167,963$107,614
X-27 Net assets without donor restrictionsStart of year $798,146$941,396
X-28 Net assets with donor restrictionsStart of year $458,690$432,801
X-32 Total net assets or fund balancesStart of year $1,256,836$1,374,197
X-33 Total liabilities and net assetsStart of year $1,424,799$1,481,811
Part XI · Reconciliation of net assets $1,374,197 net assets at year end
XI-1 Total revenue$1,083,058
XI-2 Total expenses$965,697
XI-3 Revenue less expenses$117,361
XI-4 Net assets at start of year$1,256,836
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,374,197

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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