Public Equity
- Assets
- $154.0k
- Revenue
- $851.0k
- Investments
- $0.0
- Employees
- 25
- Location
- Homewood, IL
- Founding
- Data as of
- 12/2021
- EIN
- 84-2537927
Organization Overview
Public Equity is located in Homewood, IL. According to its NTEE Classification (I20) the organization is classified as: Crime Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2021, Public Equity employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Public 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 12/2021, Public Equity generated $851.0k in total revenue. All expenses for the organization totaled $703.1k during the year ending 12/2021. While expenses have increased by 182.6% per year over the past 2 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
THIS NOT-FOR-PROFIT WILL USED FOR EDUCATIONAL, CHARITABLE, A CIVIC PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE ABD EDUCATIONAL COMMUNITY OUTREACH
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kashaundra Gaston President Director | OfficerTrustee | 40 | $0 |
Tony Wood Executive Director | OfficerTrustee | 50 | $0 |
Amira Turner Secretary Director | OfficerTrustee | 20 | $0 |
Shemar Hempill Treasurer Director | Trustee | 20 | $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 | $851,041 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $851,041 |
| Total Program Service Revenue | $0 |
| 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 | $851,041 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $328,844 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $31,817 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,925 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $246,835 |
| Advertising and promotion | $1,719 |
| Office expenses | $6,636 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,672 |
| Travel | $2,959 |
| 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 | $1,679 |
| Insurance | $7,535 |
| All other expenses | $9,238 |
| Total functional expenses | $703,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,774 |
| 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 | $36,736 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,500 |
| Total assets | $154,010 |
| 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 | $154,010 |
| 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 | $154,010 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Public Equity has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Public Safety | $25,000 |
Womens Business Development Center Chicago, IL PURPOSE: SMALL BUSINESS ASSISTANCE GRANTS | $10,000 |
University Of Chicago Medical Center Chicago, IL PURPOSE: 2021 Rapid Cycle summer Grants to address violence prevention and resiliency | $10,000 |
Interfaith America Chicago, IL PURPOSE: COVID-19 VACCINE TRUST-CHICAGO GRANT | $7,500 |
The Chicago Community Trust Chicago, IL PURPOSE: TO SUPPORT CHICAGO FUND FOR SAFE AND PEACEFUL COMMUNITIES | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Insurance Crime Bureau Des Plaines, IL | $77,958,509 | $72,381,622 |
Full Employment Council Inc Kansas City, MO | $3,363,395 | $10,844,507 |
Institute For Nonviolence Chicago Chicago, IL | $2,088,046 | $4,914,661 |
Safe & Sound Inc Milwaukee, WI | $2,851,655 | $2,917,931 |
Woods Foundation Lincoln, IL | $16,009,690 | $1,294,401 |
Public Equity Homewood, IL | $154,010 | $851,041 |
W A V E Educational Fund Inc Milwaukee, WI | $873,397 | $669,330 |
St Louis Regional Crime Commission Saint Louis, MO | $553,196 | $598,249 |
Safe And Sound A Sandy Hook Initiative Inc Webb City, MO | $206,813 | $578,029 |
Central West End Neighborhood Security Initiative St Louis, MO | $677,156 | $579,636 |
Missing Pieces Community Development Corporation Evansville, IN | $165,860 | $419,123 |
National Conference For Community And Justice Of Metro St Louis Saint Louis, MO | $370,458 | $575,684 |