Equity Research Organization FY2023 filing

Tax-deductible

Philadelphia, PA501(c)(3)Social ScienceEIN 87-1841250Revenue $2.9M in FY2023

On file with the IRSequityresearchcooperative.org100 S Juniper Street 3rd Floor Pmb, 19107-1316 · Philadelphia, PATax-exempt since Mar 2022Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

The Equity Research cooperative (eqrc) is a non-profit Research collective that advances the social, economic, educational, and political interests of communities of color through community-engaged Research, advocacy, and the praxis of redistribution. As a people of color-led interdisciplinary Research cooperative, we strategically redistribute our financial resources, academic capital, and operational infrastructure to social justice initiatives, organizations, and movements that redress structural oppression.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$485K 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

FY2023 · 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
3 of 3
filings with a surplus
Average surplus $864K a year · 33% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$485K
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
28 mo
of spending, in cash
Looks good: 28.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1.5M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.4M
55% of total assets
Fine: liabilities are 55% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
0
of 7 voting members
Concern: none of 7 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.9M
+58% vs prior year
Spent
$1.6M
To programs
90%
Net assets
$2.0M
By yearFY2022–FY2024
Revenue
$2.9M
FY2023▲ +58%
Tap a bar for its year
Revenue by fiscal year
FY2022$1.8M
FY2023$2.9M
FY2024$3.1M
Expenses
$1.6M
FY2023▲ +42%
Tap a bar for its year
Expenses by fiscal year
FY2022$1.1M
FY2023$1.6M
FY2024$2.5M
Net assets
$2.0M
FY2023▲ +185%
Tap a bar for its year
Net assets by fiscal year
FY2022$684K
FY2023$2.0M
FY2024$2.6M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 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

90 cents of each dollar spent went to programs.

Program services 90% · $1.5M Management & general 10% · $158K

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

Something off? Claim to fix it

Who runs it and what they're paid

8 people listed on the 990; $485K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$117,655Pt VII · Sec A
Director of Strategy & Culture
$96,581Pt VII · Sec A
$95,633Pt VII · Sec A
Director of Research
$95,000Pt VII · Sec A
Core Team Member
$60,000Pt VII · Sec A
Core Team Member
$20,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Core Team Member
$0Pt VII · Sec A

Jalil Bishop’s $128K as Executive Director & President is at the 27th percentile of top reported officer pay among 145 $1–10M social science 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022
Jalil Bishop$127,788$117,655$107,358
Jonathan Davis$111,583$95,000$79,806
Shanell Hagood$111,583$96,581$79,806
Maria Sayil Camacho Perez$23,914$95,633$71,349
Kaila Vanleer-Walker$95,237——
Oscar Mayorga$87,398—$37,273
Rashida Boyd$86,413——
Keon McGuire$60,000$60,000$45,000

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 Equity Research Organization executive salaries →

On this list? Claim this org

Something off? Claim to fix it

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

Conducts community-engaged research and redistributes resources to advance social justice for communities of color.

Questions for Equity Research Organization

Tap to ask. Equity Research Organization sees how many people are interested.

Your first name shows with your question. Equity Research Organization answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $1.5M · in their own filed words · FY2023
01

During 2023 equity research organization accomplished its mission to advance the social, economic, educational, and political interests of communities of color through community-engaged research, advocacy, and the praxis of redistribution.

$1.5Mprogram 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 · FY2024
Total grants receivedfrom 1 funder$1.5M
Grants paid · 3 grants · $290K · 2024–2024

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.9M
Ln 12
Fees for servicesLn 2g$2.3M
Gifts and grantsLn 1h$507K
Investment incomeLn 3$52K
Money outPt IX
$1.6M
Ln 25
Programscol B$1.5M
Managementcol C$158K
Owns and owesPt X
$2.0M
net assets · Ln 32
Cash and savingsLn 1–2$3.8M
Total assetsLn 16$4.4M
LiabilitiesLn 26$2.4M
PeoplePt VI, VII
8
listed · VII A
PaidVII A6
Voting boardVI 1a7
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$507K
Fees for servicesLn 2g$2.3M
Investment incomeLn 3$52K
Total revenueLn 12$2.9M
Assets in detailPt X, end of year
CashLn 1$3.8M
Cash and savings togetherLn 1–2$3.8M
Total assetsLn 16$4.4M
LiabilitiesLn 26$2.4M
Net assetsLn 32$2.0M
OperationsPt I, VI
EmployeesI 510
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$2.4M$3.8M
Total assetsLn 16$2.9M$4.4M
LiabilitiesLn 26$2.2M$2.4M
Net assetsLn 32$684K$2.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1K$1K
Pay of current officers, directors and key staffLn 5$286K$286K
Other salaries and wagesLn 7$446K$446K
Pension plan contributionsLn 8$41K$41K
Other employee benefitsLn 9$100K$100K
Payroll taxesLn 10$52K$52K
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$76K$76K
Other fees for servicesLn 11g$482K$475K$6K
Office expensesLn 13$81K$47K$34K
TravelLn 17$46K$8K$38K
Other expenses (24a–d)Ln 24$19K$19K$452
Total functional expensesLn 25$1.6M$1.5M$158K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.1M$2.5M$641K$2.6M 990 PDF
FY2023 Viewing $2.9M$1.6M$1.3M$2.0M 990 PDF
FY2022 $1.8M$1.1M$684K$684K 990 PDF

More to add? Claim this org

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 FY2023 990 (6 parts)
Part I · Summary $2,901,573 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $836,447$507,230
I-9 Program service revenuePrior year $990,413$2,342,586
I-10 Investment incomePrior year $5,864$51,757
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,832,724$2,901,573
I-13 Grants and similar amounts paidPrior year $0$1,231
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $922,788$926,492
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $226,245$707,326
I-18 Total expensesPrior year $1,149,033$1,635,049
I-19 Revenue less expensesPrior year $683,691$1,266,524
Part VI · Governance 0 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $2,901,573 across 5 lines filed
VIII-1f All other contributions, gifts and grants$507,230
VIII-1h Total contributions, gifts and grants$507,230
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,342,586$2,342,586
VIII-3 Investment incomeExcluded from tax $51,757$51,757
VIII-12 Total revenueRelated to mission $2,342,586 · Unrelated business $0 · Excluded from tax $51,757$2,901,573
Part IX · Statement of functional expenses $1,635,049 across 12 lines filed
IX-2 Grants to domestic individualsPrograms $1,231$1,231
IX-5 Pay of current officers, directors and key staffPrograms $286,417$286,417
IX-7 Other salaries and wagesPrograms $446,420$446,420
IX-8 Pension plan contributionsPrograms $40,942$40,942
IX-9 Other employee benefitsPrograms $100,318$100,318
IX-10 Payroll taxesPrograms $52,395$52,395
IX-11b Legal feesManagement $3,749$3,749
IX-11c Accounting feesManagement $75,836$75,836
IX-11g Other fees for servicesPrograms $475,470 · Management $6,441$481,911
IX-13 Office expensesPrograms $47,221 · Management $33,841$81,062
IX-17 TravelPrograms $7,868 · Management $37,698$45,566
IX-24 Other expenses (24a–d)Programs $18,750 · Management $452$19,202
IX-25 Total functional expensesPrograms $1,477,032 · Management $158,017 · Fundraising $0$1,635,049
Part X · Balance sheet $4,368,360 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $2,355,710$3,809,688
X-4 Accounts receivableStart of year $485,442$558,672
X-16 Total assetsStart of year $2,870,209$4,368,360
X-17 Accounts payable and accrued expensesStart of year $14,444$7,479
X-19 Deferred revenueStart of year $2,172,074$2,410,666
X-26 Total liabilitiesStart of year $2,186,518$2,418,145
X-27 Net assets without donor restrictionsStart of year $195,673$1,443,490
X-28 Net assets with donor restrictionsStart of year $488,018$506,725
X-32 Total net assets or fund balancesStart of year $683,691$1,950,215
X-33 Total liabilities and net assetsStart of year $2,870,209$4,368,360
Part XI · Reconciliation of net assets $1,950,215 net assets at year end
XI-1 Total revenue$2,901,573
XI-2 Total expenses$1,635,049
XI-3 Revenue less expenses$1,266,524
XI-4 Net assets at start of year$683,691
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,950,215

Form 990 e-file (XML) FY2023 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.