Action4equity
- Assets
- $256.8k
- Revenue
- $302.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Winston Salem, NC
- Founding
- Data as of
- 06/2021
- EIN
- 83-1583999
Organization Overview
Action4equity is located in Winston Salem, NC. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Action4equity 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 06/2021, Action4equity generated $302.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 54.4% each year . All expenses for the organization totaled $156.7k during the year ending 06/2021. 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
ADVOCATES FOR AN EDUCATIONAL INFRASTRUCTURE THAT EMBRACES RAPID CHANGE TO ADDRESS THE CAUSES AND CONDITIONS OF RACIAL INEQUITY IN OUR SCHOOLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCATES FOR AN EDUCATIONAL INFRASTRUCTURE THAT EMBRACES RAPID CHANGE TO ADDRESS THE CAUSES AND CONDITIONS OF RACIAL INEQUITY IN OUR SCHOOLS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kellie Easton Executive Director | Officer | 40 | $37,323 |
Rev Paul Ford Board Chair | Trustee | 5 | $0 |
Eunice Campbell Board Member | Trustee | 5 | $0 |
Emily Schutt Secretary | Trustee | 5 | $0 |
Dr Edwin Bell Board Member | Trustee | 5 | $0 |
Jenice Ramirez Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,629 |
| 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 | $302,629 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $3,342 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $52,265 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,495 |
| Payroll taxes | $4,043 |
| Fees for services: Management | $14,595 |
| Fees for services: Legal | $1,000 |
| Fees for services: Accounting | $7,649 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,580 |
| Advertising and promotion | $5,423 |
| Office expenses | $3,991 |
| Information technology | $83 |
| Royalties | $0 |
| Occupancy | $5,400 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,600 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,938 |
| Insurance | $9,383 |
| All other expenses | $0 |
| Total functional expenses | $156,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $256,843 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $256,843 |
| Accounts payable and accrued expenses | $400 |
| 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 | $26,191 |
| Total liabilities | $26,591 |
| 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 |
| Total liabilities and net assets/fund balances | $230,252 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Action4equity has recieved totaling $139,060.
| Awarding Organization | Amount |
|---|---|
United Way Of Forsyth County Inc Winstonsalem, NC PURPOSE: GENERAL SUPPORT | $82,410 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 14 GRANT(S) FOR VARYING PURPOSES | $56,650 |
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Susan B Anthony List Inc Arlington, VA | $6,109,204 | $16,065,131 |
Georgia Advanced Technology Ventures Inc Atlanta, GA | $206,195,666 | $20,980,407 |
North Raleigh Christian Academy Raleigh, NC | $50,620,236 | $15,888,714 |
Seton Home Study School Front Royal, VA | $19,128,742 | $13,590,541 |
Instruction Partners Nashville, TN | $7,038,441 | $15,858,376 |