Form 990 for tax year 2023

Totals

Total revenue

$995,217

Total expenses

$1,409,318

Contributions and grants received

$980,011

Grants paid

$195,000

Program service revenue

$15,150

Investment income

$56

Other revenue

$0

Total assets, end of year

$312,129

Total liabilities, end of year

$43,110

Net assets or fund balances, end of year

$269,019

Program services expenses (Part IX)

$1,256,245

Management and general expenses

$150,720

Fundraising expenses

$2,353

Program service expenses (Part III)

$1,256,245

Program services were 89.1% 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.

Mission and programs · 2023

• 2023 PROGRAM SERVICE ACCOMPLISHMENTSEquable helped public sector retirement system stakeholders in multiple states better understand existing sustainability challenges in their state by conducting historic analysis, developing academic research, and providing technical assistance related to forecasting the future performance of plan funding and contribution rates. In addition, Equable also helped those public sector retirement system stakeholders with estimating the effects that various changes would have to long-term sustainability, solvency, and retirement security of those systems. In addition to providing the most comprehensive open-source database on public pension benefit design provisions and financial data, Equable continued to grow the usage of its free educational service for public school employees to better understand how their retirement benefits work to help improve financial literacy and empower educators to ensure their retirement income security.

  Expenses $1,256,245 · Grants $195,000 · Revenue $15,150

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• The Reason Foundation

  $180,000

  To increase support for policies that improve teacher pension systems, with the specific goal of minimizing the effect that pension debt has on education budgets.

• Boston College

  $15,000

  To conduct a 50 state research of the specific administrative process by which employer retirement contributions are paid.

Provenance

Return type

form_990

Tax year

2023

Filed

6 February 2025

IRS schema version

2023v6.0

Source object

202500379349301515

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