Improves lives of Black, Brown, and Indigenous people through research, advocacy, and community programs.
For fiscal year 2024 it reported $964K in revenue, $2.2M in expenses, and $621K in net assets.Pt I
Where the money goes · FY2024
Total revenue
$964K
Pt VIII · Ln 12
Total expenses
$2.2M
Pt IX · Ln 25
Net assets
$621K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$1.2M
Where spending went · Part IX cols B–D
74%
20%
Program services $0.74 Management & general $0.20 Fundraising $0.06
Program efficiency
74%
of spending reaches programs
Operating runway
0.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-126%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$964K
FY2024▼ -63%
$2.6M$1.3M$0
FY2023FY2025
Expenses
$2.2M
FY2024▲ +183%
$2.2M$1.1M$0
FY2023FY2025
Total assets
$627K
FY2024▼ -66%
$1.8M$924K$0
FY2023FY2025
Total liabilities
$6K
FY2024▼ -30%
$139K$70K$0
FY2023FY2025
Total revenue
$964K
Pt VIII · Ln 12
Total expenses
$2.2M
Pt IX · Ln 25
Net assets
$621K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$1.2M
Total assetsPt X · Ln 16$627K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49
Mission & Programs · Part III
Where the work happens
3 program services account for $1.6M of program spending, described in the organization's own filed words · FY2023.
01
BikeForce and Bike Team Equiticity's youth programs introduce young people from North and South Lawndale (Pilsen) to the world of cycling, training high school students to maintain and repair conventional bikes and e-bikes, preparing them for the thousands of jobs emerging in the mobility sector, as well as introducing them to bicycle…
$870Kprogram expense
02
Community Mobility Rituals (CMRs) Equiticity's regularly scheduled, hyperlocal mobility events -- bike rides, walking tours, public transit excursions, scooter rolls and open streets festivals -- engage neighbors in active mobility that enhances fitness and well-being, while increasing social cohesion and promoting more vibrant streets.
$423Kprogram expense
03
Mobility Opportunities Fund Equiticity provides low-to-moderate income North Lawndale residents with stipends that make electric mobility devices (EVs, e-bikes, etc.) more affordable. By increasing rates of ownership of electric mobility devices among our North Lawndale neighbors, we can help reduce vehicle emissions and improve air…
Bonita Scarlett-Logan’s $105K as Director of Development
is at the 96th percentile of top reported officer pay among 144 <$100K 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 · 2 named individuals · Part VII
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.
Individual Olatunji Oboi Reed · Reported title President & CEO · Highest reported compensation $127K · Total expenses $2.2M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.0M · Total expenses $2.2M
48%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
74%
—
—
Overhead ratio
20%
—
—
Fundraising cost ratio
14%
—
—
Revenue growth
-63%
—
—
Legal fee ratio
0%
—
—
Accounting fee ratio
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.
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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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