Equitable Origin Inc
- Assets
- $309.7k
- Revenue
- $584.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Houston, TX
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 47-4007160
Organization Overview
Equitable Origin Inc is located in Houston, TX. The organization was established in 2016. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2021, Equitable Origin Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Equitable Origin Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Equitable Origin Inc generated $584.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $627.3k during the year ending 12/2021. While expenses have increased by 9.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PARTNER WITH BUSINESS, COMMUNITIES AND GOVERNMENT TO SUPPORT TRANSPARENT, SUSTAINABLE AND EQUITABLE NATURAL RESOURCE DEVELOPMENT THAT BENEFITS ALL STAKEHOLDERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDIGENOUS RIGHTS AND RESOURCES HUB: IN PARTNERSHIP WITH THE COORDINATING ORGANIZATION OF INDIGENOUS PEOPLES OF THE AMAZON BASIN (COICA), EQUITABLE ORIGIN IS DEVELOPING A VIRTUAL RESOURCE HUB TO STRENGTHEN IN INDIGENOUS RIGHTS BY COLLATING TRAINING MATERIAL, TOOLS AND INFORMATION TO SUPPORT INDIGENOUS PEOPLES IN UNDERSTANDING AND ASSERTING THEIR RIGHTS AND TO ENABLE THEIR ACTIVE PARTICIPATION IN DECISIONS ABOUT LAND-USE AND NATURAL RESOURCE DEVELOPMENT. FPIC: IN PARTNERSHIP WITH ROUNDTABLE ON SUSTAINABLE BIOMATERIALS (RSB) AND THE COORDINATING ORGANIZATION OF INDIGENOUS PEOPLES OF THE AMAZON BASIN (COICA), EQUITABLE ORIGIN IS DEVELOPING A TOOL TO MONITOR FREE, PRIOR, AND INFORMED CONSENT (FPIC360). THE GOAL OF THE FPIC360 TOOL IS TO ENABLE CONSULTATION AND CONSENT PROCESSES THAT ALLOW AFFECTED COMMUNITIES TO EFFECTIVELY PARTICIPATE IN AND TAKE OWNERSHIP OF DECISION-MAKING PROCESSES THAT IMPACT THEIR TERRITORIES, RESOURCES, LIVELIHOODS AND WELLBEING. EO100 CERTIFICATION: EQUITABLE ORIGIN IS WORKING WITH ENERGY PRODUCERS AND DISTRIBUTORS IN NORTH AMERICA TO CERTIFY ENERGY PROJECTS TO THE EO100TM STANDARD FOR RESPONSIBLE ENERGY DEVELOPMENT AND ENABLE A PREMIUM PRICE FOR EO100TM CERTIFIED RESPONSIBLE ENERGY. THE EO100TM STANDARD PROVIDES A FRAMEWORK FOR IMPLEMENTING AND VERIFYING ENHANCED ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) PERFORMANCE, GREATER TRANSPARENCY, MORE ACCOUNTABILITY, AND BETTER OUTCOMES FOR LOCAL STAKEHOLDERS IN ENERGY DEVELOPMENT PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tuntiak Katan Director | Trustee | 1 | $6,000 |
Hannah Stutzman Chair | OfficerTrustee | 4 | $0 |
Soledad Mills CEO | Officer | 40 | $0 |
Miguel Moyano Director | Trustee | 1 | $0 |
Todd Crider Director | Trustee | 1 | $0 |
Paul Sorensen Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $275,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $275,000 |
| Total Program Service Revenue | $309,567 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $584,567 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $92,346 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,914 |
| Payroll taxes | $8,218 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,691 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $412,443 |
| Advertising and promotion | $0 |
| Office expenses | $22,735 |
| Information technology | $16,985 |
| Royalties | $0 |
| Occupancy | $2,117 |
| Travel | $18,364 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $627,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,228 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $198,500 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $309,728 |
| Accounts payable and accrued expenses | $24,694 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,694 |
| Net assets without donor restrictions | $285,034 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $309,728 |
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