Equiticity
- Assets
- $1.8m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 5
- Location
- Chicago, IL
- Founding
- Data as of
- 04/2023
- EIN
- 85-3668073
Organization Overview
Equiticity is located in Chicago, IL. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 04/2023, Equiticity employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Equiticity 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATIONALIZE RACIAL EQUITY BY HARNESSING THE COLLECTIVE POWER THROUGH RESEARCH, ADVOCACY, PROGRAMS, COMMUNITY MOBILITY RITUALS, AND SOCIAL ENTERPRISES TO IMPROVE THE LIVES OF BLACK, BROWN, AND INDIGENOUS PEOPLE IN OUR SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOBILITY OPPORTUNITIES FUND (MOF) ACCOMPLISHED THE PURCHASING OF 111 CONVENTIONAL BICYCLES, 85 ELECTRIC BICYCLES, 57 ELECTRIC CARGO BICYCLES, 4 ELECTRIC VEHICLES AND 156 SAFETY EQUIPMENT SETS WERE AWARDED TO COMMUNITY MEMBERS OF THE NORTH LAWNDALE NEIGHBORHOOD. ADDITIONALLY, PARTICIPANTS REPORTED INCREASED TRANSPORTATION ACCESS AND INDEPENDENCE, IMPROVED HEALTH AND WELLNESS, AND INCREASED ECONOMIC OPPORTUNITIES. THE PROGRAM RECEIVED POSITIVE PRESS COVERAGE AND CITYWIDE AND NATIONAL AWARENESS. THE PROGRAM WAS MENTIONED BY SPEAKERS AT THE TRANSPORT CHICAGO CONFERENCE HELD THIS YEAR.
OTHER PROGRAMS
EQUITICITY'S COMMUNITY MOBILITY RITUALS (CMRS) ACCOMPLISHED AN EXPANSION OF MODES TO INCLUDE SCOOTER ROLLS, PUBLIC TRANSIT EXCURSIONS, AND CYCLOVIA-STYLE STREET FESTIVALS IN ADDITION TO OUR COMMUNITY BIKE RIDES AND WALKS. ANOTHER ACCOMPLISHMENT WAS HOSTING A FRIDAY NIGHT RIDE WITH COMMUNITY PARTNERS IN NORTH LAWNDALE IN WHICH OVER 25 YOUTH WERE ENGAGED TO KEEP THE RIDE SAFE THROUGH LEADERSHIP AND BIKE HANDLING TRAINING (PAID). EQUITICITY ENGAGED A COMMUNITY COUNCIL TO CO-PLAN AND ACTIVATE THE CMRS AT THE LOCAL LEVEL.
EQUITICITY ACCOMPLISHED THE LAUNCH OF OUR INAUGURAL BIKE FORCE COHORT IN PARTNERSHIP WITH AFTER SCHOOL MATTERS WHEREIN LOCAL YOUTH WERE TRAINED IN E-BIKE TECHNOLOGIES, E-SCOOTER REPAIR, RECEIVED POST-SECONDARY GUIDANCE FROM WORKERS IN THE FIELD, AND EXPLORED NEW PARTS OF THEIR CITY. STUDENTS WERE PAID A STIPEND AND GAVE AN END-OF-SESSION PRESENTATION TO SHOWCASE THEIR LEARNING AND INSIGHTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Olatunji Oboi Reed President & CEO | OfficerTrustee | 40 | $10,077 |
Jacquelyne D Grimshaw Treasurer | OfficerTrustee | 1.5 | $0 |
Caronina Grimble Director | Trustee | 1 | $0 |
Dr Beverly Scott Director | Trustee | 1 | $0 |
Dr Richard D Benson II Director | Trustee | 1 | $0 |
Dionne Baux Co-Chair | OfficerTrustee | 2 | $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 | $2,593,936 |
| Noncash contributions included in lines 1a–1f | $14,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,593,936 |
| Total Program Service Revenue | $15,300 |
| Investment income | $102 |
| 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 | $2,609,338 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,209 |
| 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. | $55,073 |
| Compensation of current officers, directors, key employees. | $8,261 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $151,830 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,164 |
| Payroll taxes | $15,296 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,223 |
| Fees for services: Accounting | $32,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $295,818 |
| Advertising and promotion | $1,404 |
| Office expenses | $95,108 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,978 |
| Travel | $41,495 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,712 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $301 |
| Insurance | $9,219 |
| All other expenses | $0 |
| Total functional expenses | $770,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,584 |
| Savings and temporary cash investments | $1,245,325 |
| Pledges and grants receivable | $550,555 |
| 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 | $5,716 |
| Net Land, buildings, and equipment | $5,117 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,848,297 |
| Accounts payable and accrued expenses | $9,219 |
| 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 | $9,219 |
| Net assets without donor restrictions | $1,289,078 |
| Net assets with donor restrictions | $550,000 |
| 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 | $1,848,297 |