Embracing Equity Inc
- Assets
- $1.5m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Austin, TX
- Founding
- Data as of
- 06/2022
- EIN
- 84-4784245
Organization Overview
Embracing Equity Inc is located in Austin, TX. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, Embracing Equity Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Embracing Equity 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 06/2022, Embracing Equity Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $965.7k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AN AFFIRMING, INCLUSIVE, AND EQUITABLE EDUCATIONAL ECOSYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES: EMBRACING EQUITY OFFERS SCAFFOLDED PROGRAM SERVICES AT THE INDIVIDUAL, INTERPERSONAL, AND INSTITUTIONAL LEVELS IN ORDER TO EFFECTIVELY IMPACT SYSTEMIC CHANGE. IN FY22, EMBRACING EQUITY SUPPORTED 31 LEADERS REPRESENTING 14 ORGANIZATIONS THROUGH OUR YEAR-LONG LEADERSHIP RESIDENCY, A COMPREHENSIVE PROGRAM THAT KICKS OFF WITH AN ORGANIZATION-WIDE EQUITY AUDIT AND ANALYSIS, INCLUDES COACHING AND IMPLEMENTATION SUPPORT, AND CULMINATES IN A VIRTUAL LEADERSHIP RETREAT. EMBRACING EQUITY PARTNERED WITH 19 ORGANIZATIONS TO PROVIDE CUSTOMIZED ANTI-RACISM VIRTUAL EXPERIENCES TO OVER 860 PEOPLE. ADDITIONALLY, 119 PEOPLE REGISTERED FOR OUR PUBLIC VIRTUAL COHORTS LEVERAGING A SLIDING SCALE MODEL TO ENSURE ACCESSIBILITY.
COMMUNITY ENGAGEMENT AND OUTREACH IN ORDER TO EFFECT LASTING CHANGE, EMBRACING EQUITY BELIEVES IN THE POWER OF BUILDING TRUST AND ACCOUNTABILITY IN COMMUNITY AS A CROSS-RACIAL COALITION. AS OF SEPTEMBER 2022, EMBRACING EQUITY'S VIRTUAL COMMUNITY IS THRIVING WITH OVER 1800 ACTIVE MEMBERS AND OVER 4700 SUBSCRIBERS. ADDITIONALLY, EMBRACING EQUITY'S ANNUAL DONATION-BASED CONFERENCE ENGAGED OVER 600 PEOPLE THROUGH A MULTI-DAY VIRTUAL EXPERIENCE CENTERED ON SUSTAINING STAMINA FOR RACIAL JUSTICE.
INNOVATION AND EVALUATIONAS A CUTTING-EDGE NONPROFIT STARTUP, EMBRACING EQUITY INTENTIONALLY INVESTS TIME AND RESOURCES INTO INNOVATION AND EVALUATION INITIATIVES. FOR EXAMPLE, IN ADDITION TO CONTINUING TO SUPPORT SCHOOLS AND EDUCATION NONPROFITS, WE HAVE TAILORED AND EXPANDED OUR OFFERINGS TO SUPPORT FOUNDATIONS IN CENTERING RACIAL EQUITY IN PHILANTHROPY. ADDITIONALLY, EMBRACING EQUITY PILOTS NEW PROGRAMS, CONDUCTS COMPREHENSIVE PROGRAM EVALUATION EFFORTS, PERFORMS THOUGHT LEADERSHIP, AND FACILITATES TEAM LEARNING AND GROWTH, ALL OF WHICH CULTIVATE A CULTURE OF DATA-INFORMED FEEDBACK, CONTINUOUS IMPROVEMENT, AND RESPONSIVE INNOVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Daisy Han President & CEO | OfficerTrustee | 40 | $125,210 |
Rashi Jawade Non-Voting Vice President & Cso | Officer | 40 | $94,822 |
Sharon Keiser Non-Voting Vice President, Clerk & COO | Officer | 40 | $74,153 |
Meera Sinha Treasurer | OfficerTrustee | 1 | $0 |
Matthew Kramer Board Member | Trustee | 1 | $0 |
Latoya Gayle Board Member | Trustee | 1 | $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 | $540,185 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $540,185 |
| Total Program Service Revenue | $539,818 |
| 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 | $1,083,058 |
| 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. | $524,398 |
| Compensation of current officers, directors, key employees. | $45,781 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $174,405 |
| Pension plan accruals and contributions | $9,508 |
| Other employee benefits | $50,318 |
| Payroll taxes | $51,295 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,427 |
| Fees for services: Lobbying | $1,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,266 |
| Information technology | $9,246 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,549 |
| 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 | $3,341 |
| All other expenses | $30,687 |
| Total functional expenses | $965,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,724 |
| Savings and temporary cash investments | $1,077,055 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $266,171 |
| 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 | $13,861 |
| 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 | $1,481,811 |
| Accounts payable and accrued expenses | $46,151 |
| Grants payable | $0 |
| Deferred revenue | $61,463 |
| 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 | $107,614 |
| Net assets without donor restrictions | $941,396 |
| Net assets with donor restrictions | $432,801 |
| 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 | $1,481,811 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Embracing Equity Inc has recieved totaling $225,000.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $225,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Firstline Schools Inc New Orleans, LA | $25,158,781 | $60,437,770 |
Education Service Center Region Xii Of Texas Waco, TX | $21,686,581 | $37,093,935 |
New Meridian Corporation Austin, TX | $22,335,966 | $20,374,244 |
Belle Chasse Academy Inc Belle Chasse, LA | $29,416,847 | $17,545,847 |
Village Tech Schools Duncanville, TX | $32,290,922 | $14,785,373 |
Bexar County Performing Arts Center Foundation San Antonio, TX | $183,646,136 | $8,087,390 |
Leading Educators Inc New Orleans, LA | $10,160,201 | $9,461,961 |
Hispanic Association Of Colleges And Universities San Antonio, TX | $14,909,180 | $14,551,149 |
Passages America Israel Inc Allen, TX | $8,997,691 | $7,060,714 |
Extend-A-Care Inc Austin, TX | $4,350,683 | $9,102,758 |
Educate Girls Austin, TX | $42,960,470 | $14,126,525 |
Evolution Acadamy Richardson, TX | $15,542,643 | $6,925,248 |