Resource Equity
- Assets
- $0.0
- Revenue
- $176.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Friday Harbor, WA
- Founding
- 07/2016
- Data as of
- 11/2023
- EIN
- 81-2141200
Organization Overview
Resource Equity is located in Friday Harbor, WA. The organization was established in 2016. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 11/2023, Resource Equity employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Resource Equity 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 11/2023, Resource Equity generated $176.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $200.6k during the year ending 11/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE WORK TO ADVANCE WOMEN'S RIGHTS TO LAND AND NATURAL RESOURCES IN THE DEVELOPING WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESOURCE EQUITY RAN THE WOMEN'S LAND RIGHTS INSTITUTE, TEACHING LAWYERS AND ADVOCATES AROUND THE WORLD CONCRETE STRATEGIES ON HOW TO IMPROVE WOMEN'S LAND RIGHTS. RESOURCE EQUITY ALSO HAS CONDUCTED RESEARCH AND EVIDENCE REVIEW OF SUCCESSFUL LAND REFORM PROGRAMS IN ETHIOPIA, TANZANIA, AND LIBERIA, AS WELL AS CONDUCTED RESEARCH ON THE BARRIERS AND OPPORTUNITIES FOR IMPROVING WOMEN'S HOUSING, LAND, PROPERTY RIGHTS ACROSS SUB-SAHARAN AFRICA, NORTH AFRICA AND THE MIDDLE EAST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Lichti Chair (until 11/7/23) | OfficerTrustee | 1 | $0 |
Julie Shapiro Treasurer (until 11/7/23) | OfficerTrustee | 1 | $0 |
Richard Gaynor Director (until 11/7/23) | Trustee | 1 | $0 |
Elisa Scalise Managing Director (until 11/7/23) | Officer | 40 | $50,730 |
Renee Giovarelli Co-Director (until 11/7/23) | Officer | 10 | $15,521 |
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 | $1,172 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,172 |
| Total Program Service Revenue | $177,385 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,953 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $176,030 |
| 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. | $69,477 |
| Compensation of current officers, directors, key employees. | $49,463 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,384 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,752 |
| Payroll taxes | $7,897 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,558 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,186 |
| Advertising and promotion | $0 |
| Office expenses | $1,462 |
| Information technology | $2,436 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,386 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,610 |
| Insurance | $3,407 |
| All other expenses | $0 |
| Total functional expenses | $200,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |