Institute For Enhanced Equity
- Assets
- $186.0k
- Revenue
- $337.5k
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- Data as of
- 12/2022
- EIN
- 85-1129350
Organization Overview
Institute For Enhanced Equity is located in New Orleans, LA. According to its NTEE Classification (R22) the organization is classified as: Minority Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Enhanced Equity is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE INSTITUTE FOR ENHANCED EQUITY IS A 501C3 ORGANIZATION THAT SEEKS TO ADDRESS ECONOMIC AND SOCIAL DISPARITIES THROUGH 1) FISCAL SPONSORSHIP SERVICES SUPPORTING SOCIAL AND ENVIRONMENTAL JUSTICE ORGANIZATIONS, 2) DESIGNING AND IMPLEMENTING PROGRAMS THAT EXPAND ECONOMIC DEVELOPMENT OPPORTUNITIES FOR MINORITY BUSINESSES AND INDIVIDUALS, AND 3) FOSTERING FINANCIAL EDUCATION AND TRAINING FOR MINORITY BUSINESSES AND INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INSTITUTE FOR ENHANCED EQUITY (TIEE) PROVIDES ECONOMIC DEVELOPMENT BY STRENGTHENING EXISTING BUSINESSES, CREATING NEW AND RETAINING CURRENT JOBS IN MINORITY COMMUNITIES.
THE VESSEL PROJECT OF LOUISIANA IS A GRASSROOTS MUTUAL AID, DISASTER RELIEF, AND ENVIRONMENTAL JUSTICE ORGANIZATION FOUNDED IN SOUTHWEST LOUISIANA IN RESPONSE TO SEVERAL FEDERALLY DECLARED DISASTERS, INCLUDING HURRICANES LAURA AND DELTA, WINTER STORM URI, AND THE MAY FLOOD OF 2021. THE VESSEL PROJECT REALIZES THE INTERSECTIONALITY OF THE CHALLENGES THAT PLAGUE BIPOC COMMUNITIES AND WORKS HOLISTICALLY TO ACHIEVE ENVIRONMENTAL AND CLIMATE JUSTICE, VOTING RIGHTS, AND ACCESS TO HOUSING, ENERGY, CLEAN WATER, SAFE FRESH PRODUCE, AND HEALTHCARE.
SUNRISE IS THE NEW OELANS HUB OF THE NATIONAL YOUTH MOVEMENT UNITING THE STOP THE CLIMATE CRISIS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory St Etienne Chairperson | Officer | 1 | $0 |
Monica Landry Secretary | Officer | 1 | $0 |
Michael Hubbard II Treasurer | Officer | 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 | $300,209 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $300,209 |
| Total Program Service Revenue | $36,960 |
| Investment income | $287 |
| 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 | $337,456 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $84,565 |
| Fees for services: Legal | $0 |
| 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 | $40,699 |
| Advertising and promotion | $0 |
| Office expenses | $15,270 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,557 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,350 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $151,501 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,955 |
| 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 | $185,955 |
| 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 | $185,955 |
| 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 | $185,955 |
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Descendants Truth And Reconciliation Foundation Baton Rouge, LA | $362,386 | $581,870 |
Institute For Enhanced Equity New Orleans, LA | $185,955 | $337,456 |
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