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Nonprofiteer
← EQUISLABS

Form 990 for tax year 2023

Filed by EQUISLABS.

Totals

Total revenue
$14,075,484
Total expenses
$2,672,665
Contributions and grants received
$14,059,248
Grants paid
$72,500
Program service revenue
$0
Investment income
$9,736
Other revenue
$6,500
Total assets, end of year
$17,213,077
Total liabilities, end of year
$65,134
Net assets or fund balances, end of year
$17,147,943
Program services expenses (Part IX)
$2,158,506
Management and general expenses
$514,159
Fundraising expenses
$0
Program service expenses (Part III)
$2,158,506

Program services were 80.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $14,059,248

  • 3 · Investment income

    total $9,736 · excluded $9,736

  • 11a · Other revenue: SPEAKER FEE

    total $6,500 · excluded $6,500

  • 11e · Other revenue, total

    $6,500

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $72,500 · program services $72,500

  • 5 · Compensation of officers, directors and key employees

    total $43,466 · program services $34,773 · management and general $8,693

  • 7 · Other salaries and wages

    total $777,626 · program services $622,101 · management and general $155,525

  • 8 · Pension plan contributions

    total $82,164 · program services $65,731 · management and general $16,433

  • 9 · Other employee benefits

    total $77,763 · program services $62,209 · management and general $15,554

  • 10 · Payroll taxes

    total $73,911 · program services $59,129 · management and general $14,782

  • 11b · Fees: legal

    total $55,155 · program services $44,124 · management and general $11,031

  • 11c · Fees: accounting

    total $38,319 · program services $30,655 · management and general $7,664

  • 11g · Fees: other

    total $522,953 · program services $418,362 · management and general $104,591

  • 12 · Advertising and promotion

    total $2,833 · program services $2,266 · management and general $567

  • 13 · Office expenses

    total $81,125 · program services $64,900 · management and general $16,225

  • 14 · Information technology

    total $105,958 · program services $84,766 · management and general $21,192

  • 16 · Occupancy

    total $3,749 · program services $2,999 · management and general $750

  • 17 · Travel

    total $193,039 · program services $154,431 · management and general $38,608

  • 19 · Conferences, conventions and meetings

    total $1,671 · program services $1,337 · management and general $334

  • 20 · Interest

    total $1,380 · program services $1,104 · management and general $276

  • 24a · Other expenses: RESEARCH

    total $453,536 · program services $362,829 · management and general $90,707

  • 24b · Other expenses: TALENT FEES

    total $29,385 · program services $29,385

  • 24c · Other expenses: MEALS & ENTERTAINMENT

    total $23,379 · program services $18,703 · management and general $4,676

  • 24d · Other expenses: STAFF DEVELOPMENT

    total $11,760 · program services $9,408 · management and general $2,352

  • 24e · All other expenses

    total $20,993 · program services $16,794 · management and general $4,199

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,910,294 · end of year $2,025,840

  • 2 · Savings and temporary cash investments

    end of year $5,009,736

  • 3 · Pledges and grants receivable

    end of year $8,396,748

  • 9 · Prepaid expenses and deferred charges

    end of year $7,771

  • 15 · Other assets

    beginning of year $0 · end of year $1,772,982

  • 17 · Accounts payable and accrued expenses

    beginning of year $28,090 · end of year $65,134

  • 25 · Other liabilities

    beginning of year $137,080 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $5,745,124 · end of year $8,751,195

  • 28 · Net assets with donor restrictions

    end of year $8,396,748

Mission and programs · 2023

Mission

THE ORGANIZATION IS ORGANIZED TO BE A HOME FOR IDEAS, LEARNINGS AND LEADERS THAT HAVE THE POTENTIAL TO MASSIVELY INCREASE LATINX CIVIC PARTICIPATION AND BUILD POWER - FOCUSING ON THREE AREAS: DATA, DIGITAL AND LEADERSHIP DEVELOPMENT.

Activities or mission (Part I)

AT EQUIS LABS, WE ARE CREATING A HOME FOR IDEAS, INNOVATION, AND LEADERSHIP DEVELOPMENT THAT HAS THE POTENTIAL TO MASSIVELY INCREASE LATINO ELECTORAL ENGAGEMENT AND BUILD LONG-TERM POLITICAL POWER.

  • RESEARCH AND DATAPROVIDE LATINO-SERVING GROUPS WITH ACTIONABLE RESEARCH TO HELP STRENGTHEN THEIR PROGRAMS AND OUTREACH EFFORTS. EQUIS LABS' RESEARCH THIS YEAR CONTINUED TO TACKLE SOME OF THE BIGGER ISSUES AND QUESTIONS OUR PARTNERS FACE EVERY DAY, FROM HOW TO BETTER UNDERSTAND THE REAL THREAT OF DISINFORMATION AND MISINFORMATION, TO HOW TO DEAL WITH THE ISSUE OF LANGUAGE IN OUR COMMUNITY. WE COLLECTED DIGITAL LATINO SURVEY RESPONSES, CONDUCTED FOCUS GROUPS AND POLLS.

    Expenses $1,843,512 · Grants $66,500

  • PARTNERSHIPSTHROUGH PARTNERSHIPS PROGRAM, EQUIS LABS COLLABORATES WITH LOCAL, STATE AND NATIONAL PARTNERS ACROSS THE COUNTRY TO CARRY OUT OUR MISSION. EQUIS LABS WORK COLLABORATIVELY WITH PARTNERS, ALLIES AND MOVEMENT LEADERS BY CONVENING, SHARING OUR LATEST FINDINGS AND LEARNINGS, AND SUPPORTING PROGRAMS THAT ADDRESS THE DEEP-ROOTED ISSUES THAT PREVENT HISPANIC AND LATINO COMMUNITIES FROM ACHIEVING THEIR FULL POTENTIAL AND INFLUENCE.

    Expenses $261,806

  • LAPIZTHROUGH THE LATINO POLITICAL INNOVATION ZONES (LAPIZ), EQUISLABS WORKED WITH PARTNER GROUPS ON THE GROUND TO RUN A NON-PARTISAN GOTV PROGRAMMING AIMED AT LOW TURNOUT LATINO VOTERS, IN AN EFFORT TO DRAMATICALLY INCREASE LATINO VOTER ENGAGEMENT AND TURNOUT IN ELECTIONS.

    Expenses $53,188 · Grants $6,000

As filed on the 2023 return.

Listed in Part VII

  • DANIEL SENA

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • FRANCESCA DE QUESADA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SERGIO GONZALEZ

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • SKY GALLEGOS

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • MARIA PERALTA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • STEPHANIE VALENCIA

    EXECUTIVE DIRECTOR/CFO

    Total calculated
    $43,466
    From this org
    $38,280
    From related orgs
    $0
    Other
    $5,186
    Hours/week
    10

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202443209349326949

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