Equis Institute is a hub for leaders in the latino community who want to foster a better connection between latinx communities and the democratic process. To convene partners around innovative research and ideas and provide capacity building and training opportunities for national, state, and local leaders.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$9K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

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
1 of 3
filings with a surplus
Average deficit $627K a year · 5% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$9K
to officers and key staff · 0.08% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
8 mo
of spending, in cash
Looks good: 8.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $375K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$44K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.6M
Spent
$11.1M
To programs
89%
Net assets
$8.0M
By yearFY2022–FY2024
Revenue
$10.6M
FY2022
Tap a bar for its year
Revenue by fiscal year
FY2022$10.6M
FY2023$15.0M
FY2024$12.4M
Expenses
$11.1M
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2022$11.1M
FY2023$12.6M
FY2024$16.1M
Net assets
$8.0M
FY2022
Tap a bar for its year
Net assets by fiscal year
FY2022$8.0M
FY2023$10.4M
FY2024$7.4M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

Give Claim
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 Mar 2022.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $9.8M Management & general 11% · $1.3M Fundraising 0% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

8 people listed on the 990; $9K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chairperson
$8,631Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
President/CEO
$0Pt VII · Sec A

Stephanie Valencia’s $130K as Executive Director (see Sch. O) is at the 5th percentile of top reported officer pay among 749 $10–100M arts & culture 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022
Stephanie Valencia$129,593$161,922—
Carlos Odio$121,758$150,445—
Dan Restrepo$26,518$25,603$8,631

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 Equis Institute executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 15aNo

Programs and updates

Connects Latino leaders with the democratic process through research, ideas, and training.

Questions for Equis Institute

Tap to ask. Equis Institute sees how many people are interested.

Your first name shows with your question. Equis Institute answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $9.8M · in their own filed words · FY2022
01

Lapizequis ran a program called the latino political innovation zones (lapiz) to help develop a playbook for movement groups to turnout latino voters. This playbook aims to get us closer to participation at levels to commensurate with our potential.

$6.6Mprogram expense
02

Youtube moonshotthe youtube initiative leads the charge in culturally-relevant, engaging content creation, that helps latinos make sense of the world, politics, and current events to inoculate latino voters against harmful narratives and MIS/DISINFORMATION and build confidence and trust in our democratic institutions.

$1.9Mprogram expense
03

Researchprovide latino-serving groups with actionable research to help strengthen their programs and outreach efforts. Our research this year continued to tackle some of the bigger issues and questions our partners face every day, from how to better understand the real threat of disinformation and misinformation, to how to deal with the…

$1.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
New Profit INCFY2025$375K
Total grants receivedfrom 1 funder$375K
Grants paid · 25 grants · $5.0M · 2022–2024
North Main Street FundNH · FY2024$670,000
Priorities USA FoundationDC · FY2024$250,000
Poderistas Community FundCA · FY2024$50,000
Includus FundVA · FY2024$40,000
Dolores C Huerta FoundationCA · FY2024$35,000
Valley VoicesCA · FY2024$35,000
Semilla ProjectNM · FY2024$35,000
Make the Road States INCNY · FY2024$35,000
Harness CommunityCA · FY2023$50,000
Cafe AccionNM · FY2022$1,130,000
Civic Empowerment CoalitionCA · FY2022$630,680
Central Valley Workers CenterCA · FY2022$400,000
Community Alliance of FresnoCA · FY2022$343,714
See all 25 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$10.6M
Ln 12
Gifts and grantsLn 1h$10.6M
Other incomeLn 4–11$2K
Money outPt IX
$11.1M
Ln 25
Programscol B$9.8M
Managementcol C$1.3M
Fundraisingcol D$10K
Owns and owesPt X
$8.0M
net assets · Ln 32
Cash and savingsLn 1–2$7.6M
Total assetsLn 16$8.0M
LiabilitiesLn 26$44K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10.6M
Other incomeLn 4–11$2K
Total revenueLn 12$10.6M
Assets in detailPt X, end of year
CashLn 1$7.6M
Cash and savings togetherLn 1–2$7.6M
Other assetsLn 15$466K
Total assetsLn 16$8.0M
LiabilitiesLn 26$44K
Net assetsLn 32$8.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderDecember
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$8.5M$7.6M
Total assetsLn 16$8.5M$8.0M
LiabilitiesLn 26$40K$44K
Net assetsLn 32$8.5M$8.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3.4M$3.4M
Other salaries and wagesLn 7$1.4M$1.1M$273K$3K
Other employee benefitsLn 9$130K$104K$26K$260
Payroll taxesLn 10$224K$179K$44K$447
Management feesLn 11a$806K$645K$161K
Legal feesLn 11b$83K$66K$17K
Accounting feesLn 11c$23K$19K$5K
Other fees for servicesLn 11g$3.0M$2.4M$602K$6K
Advertising and promotionLn 12$31K$25K$6K$61
Office expensesLn 13$61K$48K$12K$121
Information technologyLn 14$756K$733K$22K$228
OccupancyLn 16$33K$27K$7K
TravelLn 17$250K$200K$50K
Conferences, conventions and meetingsLn 19$15K$12K$3K
InterestLn 20$1K$995$249
InsuranceLn 23$115$92$23
Other expenses (24a–d)Ln 24$851K$824K$28K
All other expensesLn 24e$38K$30K$8K
Total functional expensesLn 25$11.1M$9.8M$1.3M$10K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $12.4M$16.1M−$3.8M$7.4M 990 PDF
FY2023 $15.0M$12.6M$2.4M$10.4M 990 PDF
FY2022 Viewing $10.6M$11.1M−$503K$8.0M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $10,601,316 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,772,000$10,599,166
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$2,150
I-12 Total revenuePrior year $8,772,000$10,601,316
I-13 Grants and similar amounts paidPrior year $0$3,383,544
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $191,612$1,731,635
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $101,451$5,989,611
I-18 Total expensesPrior year $293,063$11,104,790
I-19 Revenue less expensesPrior year $8,478,937−$503,474
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $10,601,316 across 4 lines filed
VIII-1f All other contributions, gifts and grants$10,599,166
VIII-1h Total contributions, gifts and grants$10,599,166
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,150$2,150
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $2,150$10,601,316
Part IX · Statement of functional expenses $11,104,790 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $3,383,544$3,383,544
IX-7 Other salaries and wagesPrograms $1,102,262 · Management $272,810 · Fundraising $2,756$1,377,828
IX-9 Other employee benefitsPrograms $104,054 · Management $25,754 · Fundraising $260$130,068
IX-10 Payroll taxesPrograms $178,991 · Management $44,301 · Fundraising $447$223,739
IX-11a Management feesPrograms $644,930 · Management $161,232$806,162
IX-11b Legal feesPrograms $66,208 · Management $16,552$82,760
IX-11c Accounting feesPrograms $18,761 · Management $4,691$23,452
IX-11g Other fees for servicesPrograms $2,432,916 · Management $602,147 · Fundraising $6,083$3,041,146
IX-12 Advertising and promotionPrograms $24,758 · Management $6,128 · Fundraising $61$30,947
IX-13 Office expensesPrograms $48,459 · Management $11,993 · Fundraising $121$60,573
IX-14 Information technologyPrograms $733,292 · Management $22,484 · Fundraising $228$756,004
IX-16 OccupancyPrograms $26,667 · Management $6,668$33,335
IX-17 TravelPrograms $200,059 · Management $50,015$250,074
IX-19 Conferences, conventions and meetingsPrograms $11,737 · Management $2,934$14,671
IX-20 InterestPrograms $995 · Management $249$1,244
IX-23 InsurancePrograms $92 · Management $23$115
IX-24 Other expenses (24a–d)Programs $823,762 · Management $27,505$851,267
IX-24e All other expensesPrograms $30,289 · Management $7,572$37,861
IX-25 Total functional expensesPrograms $9,831,776 · Management $1,263,058 · Fundraising $9,956$11,104,790
Part X · Balance sheet $8,019,795 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $8,460,082$7,553,121
X-4 Accounts receivable$650
X-15 Other assetsStart of year $58,692$466,024
X-16 Total assetsStart of year $8,518,774$8,019,795
X-17 Accounts payable and accrued expensesStart of year $39,837$44,332
X-26 Total liabilitiesStart of year $39,837$44,332
X-27 Net assets without donor restrictionsStart of year $8,478,937$7,975,463
X-32 Total net assets or fund balancesStart of year $8,478,937$7,975,463
X-33 Total liabilities and net assetsStart of year $8,518,774$8,019,795
Part XI · Reconciliation of net assets $7,975,463 net assets at year end
XI-1 Total revenue$10,601,316
XI-2 Total expenses$11,104,790
XI-3 Revenue less expenses−$503,474
XI-4 Net assets at start of year$8,478,937
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,975,463

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.