Embracing Equity INC EIN 84-4784245 Form 990 (PDF) Claim this org

Embracing Equity INC FY2022 filing

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Fosters an educational system that is welcoming, fair, and accessible to all. For fiscal year 2022 it reported $495K in revenue, $540K in expenses, and $1.3M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Austin, TX
Website
embracingequity.org
Filings
4 on file (2021–2022)
Revenue
$495KFY2022
Expenses
$540K
Net assets
$1.3M
People
6
Filings
4
Updates
0
More identity details & actions ⌄
EIN  84-4784245 Public charity (501(c)(3)) Austin, TX
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Fosters an educational system that is welcoming, fair, and accessible to all.
Leadership
Christine Daisy Han · President & CEO · $203K
Money in and out
$495K revenue, $540K expenses
Bottom line
85% program efficiency
Where the money goes · FY2022
Total revenue
$495K
Pt VIII · Ln 12
Total expenses
$540K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$45K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.10 Fundraising $0.05
Program efficiency
85%
of spending reaches programs
Operating runway
26.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$495K
FY2022▼ -54%
Expenses
$540K
FY2022▼ -44%
Total assets
$1.5M
FY2022▲ +0.8%
Total liabilities
$165K
FY2022▲ +53%
Total revenue
$495K
Pt VIII · Ln 12
Total expenses
$540K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$45K
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEmbracing Equity INC
EINHdr · item D84-4784245
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jembracingequity.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFJul 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO
$203,229Pt VII · Sec A
Vice President & Cso
$158,320Pt VII · Sec A
Vice President, Clerk & Co
$124,080Pt 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 1616 $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.

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Mission & Programs · Part III

Where the work happens

3 program services account for $461K of program spending, described in the organization's own filed words · FY2022.
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…

$185Kprogram 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.

$144Kprogram 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…

$132Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$372K · 75%
Program service revenue$115K · 23%
Other revenue$8K · 2%
Contributions & grants75%$372K
Program service revenue23%$115K
Other revenue2%$8K
Total revenueLn 12$495K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.10 Fundraising $0.05
Program services85%$461K
Management & general10%$53K
Fundraising5%$26K
Total functional expensesLn 25$540K

Balance Sheet

Part X · end of year
CashLn 1$1.2M
Total assetsLn 16$1.5M
Total liabilitiesLn 26$165K
Total net assetsLn 32$1.3M
Months of cash on handcomputed26.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.2M · Operating expenses/yr $540K
26.7 months
Where the money goes
Program services
Program services $461K · Total expenses $540K
85%
Management & General
Management & general $53K · Total expenses $540K
10%
Fundraising
Fundraising $26K · Total expenses $540K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $26K · Solicited contributions (3-yr avg) $736K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $372K · Total revenue $495K
75%
Government reliance
Government grants — · Total revenue $495K
Earned-income share
Program service revenue $115K · Total revenue $495K
23%
Investment reliance
Investment income $0 · Total revenue $495K
0%
Program self-sufficiency
Program service revenue $115K · Total expenses $540K
21%
Growth & trend
Revenue growth (YoY)
This year $495K · Prior year $1.1M
-54%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $495K · Expenses $540K
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $1.5M
Net-asset ratio
Net assets $1.3M · Total assets $1.5M
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Christine Daisy Han · Reported title PRESIDENT & CEO · Highest reported compensation $203K · Total expenses $540K
38%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $447K · Total expenses $540K
83%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 10%
Fundraising cost ratio 7%
Revenue growth -54%
Accounting fee ratio 2%
Fundraising fee ratio 0.4%

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

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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
FY2024 (Latest)$570K revenue · ⤓ 990 PDF
FY2023$969K revenue · ⤓ 990 PDF
FY2022$1.1M revenue · ⤓ 990 PDF
FY2021$1.4M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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