Equity Before Birth EIN 85-2675630 Form 990 (PDF) Claim this org

Equity Before Birth

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Improves Black maternal and infant health by providing access to paid leave, doulas, transport, therapy, and baby supplies. For fiscal year 2024 it reported $641K in revenue, $495K in expenses, and $554K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Durham, NC
Website
www.equitybeforebirth.com
Filings
5 on file (2020–2024)
Revenue
$641KFY2024
Expenses
$495K
Net assets
$554K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  85-2675630 Public charity (501(c)(3)) Durham, NC
Form 990 (PDF)
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Size
$100K–1M
What they do
Improves Black maternal and infant health by providing access to paid leave, doulas, transport, therapy, and baby supplies.
Leadership
Joy Spencer · Executive Director · $106K
Money in and out
$641K revenue, $495K expenses
Bottom line
16% program efficiency
Where the money goes · FY2024
Total revenue
$641K
Pt VIII · Ln 12
Total expenses
$495K
Pt IX · Ln 25
Net assets
$554K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $146K
Where spending went · Part IX cols B–D
Program services $0.16 Management & general $0.84 Fundraising $0.00
Program efficiency
16%
of spending reaches programs▼ -48% vs prior filing year
Operating runway
13.4mo
months of highly liquid reserves at operating expense rate▲ +18% vs prior filing year
Surplus margin
+23%
revenue over expenses, this year▲ +36% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$641K
FY2024▲ +24%
Expenses
$495K
FY2024▲ +15%
Total assets
$554K
FY2024▲ +36%
Total liabilities
$0
FY2024
Total revenue
$641K
Pt VIII · Ln 12
Total expenses
$495K
Pt IX · Ln 25
Net assets
$554K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$146K
Total assetsPt X · Ln 16$554K
Program-expense ratioPt IX · col B16%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEquity Before Birth
EINHdr · item D85-2675630
Principal addressHdr · item CDurham, NC
WebsiteHdr · item Jwww.equitybeforebirth.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P40)
Ruling yearIRS BMFNov 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b5
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
Executive Director
$105,927Pt VII · Sec A
$76,044Pt VII · Sec A
$72,643Pt VII · Sec A
$70,169Pt VII · Sec A
$17,381Pt VII · Sec A
$4,398Pt VII · Sec A
$0Pt VII · Sec A
Governance Committe
$0Pt VII · Sec A

Joy Spencer’s $106K as Executive Director is at the 89th percentile of top reported officer pay among 2165 $100K–1M human services 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 · 7 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Joy Spencer$105,927
Shaqwelle Mauesby-Greeene$76,044
Joy Spencer$75,102$67,866$49,996$8,801
Terrinae Watson$72,643
Shemer Liat$70,169
Breann Wyman$17,381
Felicia Byrd$4,398

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 $77K of program spending, described in the organization's own filed words · FY2024.
01

Access to Culturally Congruent Care Teams (ACT) We help increase access to maternal healthcare support services by covering the cost of doula services, midwifery care, therapy, perinatal education and transportation to doctor appointments.

$46Kprogram expense
02

We are Family (Family Engagement) We value building relationships with the families we serve to ensure our programming is not merely transactional but also relational. We offer several family engagement opportunities throughout the year including: Listening Session Mama Moments Group Chat Community Events

$21Kprogram expense
03

Supplies for Babies to Thrive Covering the cost of essential baby items such as diapers, wipes, cribs and feeding supplies to help families and infants thrive. We give direct cash assistance for these items and partner with others such as the H.E.A.R.T.S. Love Bug Closet in order to cover the cost of essential baby and hygiene items.

$10Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$640K
Investment income$1K
— government grantsLn 1e$316K
Total revenueLn 12$641K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.16 Management & general $0.84 Fundraising $0.00
Program services16%$81K
Management & general84%$414K
Fundraising$3
Total functional expensesLn 25$495K

Balance Sheet

Part X · end of year
CashLn 1$554K
Total assetsLn 16$554K
Total liabilitiesLn 26$0
Total net assetsLn 32$554K
Months of cash on handcomputed13.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $554K · Operating expenses/yr $495K
13.4 months
Where the money goes
Program services
Program services $81K · Total expenses $495K
16%
Management & General
Management & general $414K · Total expenses $495K
84%
Fundraising
Fundraising $3 · Total expenses $495K
<0.01%
Cost to raise $1
Fundraising expense (3-yr avg) $1 · Solicited contributions (3-yr avg) $455K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $640K · Total revenue $641K
100%
Government reliance
Government grants $316K · Total revenue $641K
49%
Earned-income share
Program service revenue $0 · Total revenue $641K
0%
Investment reliance
Investment income $1K · Total revenue $641K
+0.2%
Program self-sufficiency
Program service revenue $0 · Total expenses $495K
0%
Growth & trend
Revenue growth (YoY)
This year $641K · Prior year $518K
+24%
Net-asset trend (YoY)
End of year $554K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $641K · Expenses $495K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $554K
Net-asset ratio
Net assets $554K · Total assets $554K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $554K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joy Spencer · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $106K · Total expenses $495K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $347K · Total expenses $495K
70%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 16%
Overhead ratio 84%
Fundraising cost ratio <0.01%
Revenue growth 24%
Accounting fee ratio 0.4%
Fundraising fee ratio <0.01%

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 · received and paid
Grants received · FY2024
See all 13 funders →
Grants paid · 11 grants · $303K · 2021–2024
Unitemized GrantFY2024$13,200
Unitemized GrantFY2023$6,500
Unitemized GrantFY2022$90,996
Unitemized GrantFY2022$46,950
Unitemized GrantFY2022$35,996
Unitemized GrantFY2022$2,450
Unitemized GrantFY2022$2,100
Unitemized GrantFY2021$45,550
Unitemized GrantFY2021$34,484
Unitemized GrantFY2021$23,000
Unitemized GrantFY2021$2,000

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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)$641K revenue · viewing · ⤓ 990 PDF
FY2023$518K revenue · ⤓ 990 PDF
FY2022$538K revenue · ⤓ 990 PDF
FY2021$548K revenue · ⤓ 990 PDF
FY2020$24K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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