Techequity Action
- Assets
- $96.6k
- Revenue
- $335.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Martinez, CA
- Founding
- Data as of
- 06/2023
- EIN
- 86-2362127
Organization Overview
Techequity Action is located in Martinez, CA. According to its NTEE Classification (R05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Techequity Action is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, Techequity Action generated $335.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 33.0% each year . All expenses for the organization totaled $91.3k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSIONS IS TO ENSURE THAT THE TECH INDUSTRY IS A FORCE FOR JUSTICE IN OUR ECONOMY. WE DO THIS BY EMPOWERING TECH WORKERS TO ADVOCATE FOR STRUCTURAL CHANGE THROUGH PROGRESSIVE POLICY AND CANDIDATE CAMPAIGNS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH GRANTS, WE SUPPORTED THE FOLLOWING PROJECTS THE TECH, BIAS AND HOUSING INITIATIVETBHI. TBHI IS EXAMINING HOW THE HOUSING TECH SPACE MANY HARDCODE ALGORITHMIC BIAS AND INEQUALITY AND WHETHER HARD-FOUGHT VICTORIES TO PROTECT TENANTS AND EXPAND HOUSING AVAILABILITY ARE UPHELD THROUGH NEW PLATFORMS AND DIGITAL ADVANCEMENTS. LAUNCHED THE CONTRACT WORKER DISPARITY PROJECTCWDP. CWDP IS THE NEXT PHASE OF TECHEQUITY COLLABORATIVES RESPONSIBLE CONTRACTING INITIATIVE. THE GOAL IS TO SHED LIGHT ON THE INEQUITIES BETWEEN FULLTIME EMPLOYEES OF TECH COMPANIES AND CONTRACT WORKERS WHO ARE DOING SIMILAR JOBS BUT PAID LOWER WAGES AND FEWER BENEFITS. GRANTEES ARE RELEASING A SERIES OF PAPERS, SURVEYS AND HOSTING INTERVIEWS AND FOCUS GROUPS WITH WORKERS THROUGHOUT 2023 AND 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Ewing Chair | OfficerTrustee | 2 | $0 |
Halli Montoya Tansey Board Member | Trustee | 2 | $0 |
Ernest Brown Board Member | Trustee | 2 | $0 |
Candice Elder Board Member | Trustee | 2 | $0 |
Alex Lofton Board Member | Trustee | 2 | $0 |
Jess Morales Rocketto Board Member | Trustee | 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 | $335,714 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $335,714 |
| 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 | $335,714 |
| 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 | $20,366 |
| Pension plan accruals and contributions | $263 |
| Other employee benefits | $585 |
| Payroll taxes | $706 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,533 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,729 |
| Advertising and promotion | $0 |
| Office expenses | $9,507 |
| Information technology | $1,193 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $84 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,254 |
| All other expenses | $0 |
| Total functional expenses | $91,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,954 |
| 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 | $688 |
| 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 | $96,642 |
| Accounts payable and accrued expenses | $10,537 |
| 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 | $10,537 |
| Net assets without donor restrictions | $86,105 |
| 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 | $96,642 |