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Nonprofiteer
← EQUITICITY

Form 990 for tax year 2023

Filed by EQUITICITY.

Totals

Total revenue
$963,834
Total expenses
$2,182,376
Contributions and grants received
$943,637
Grants paid
$0
Program service revenue
$20,000
Investment income
$117
Other revenue
$80
Total assets, end of year
$627,012
Total liabilities, end of year
$6,476
Net assets or fund balances, end of year
$620,536
Program services expenses (Part IX)
$1,610,244
Management and general expenses
$437,364
Fundraising expenses
$134,768
Program service expenses (Part III)
$1,610,244

Program services were 73.8% 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

    $943,637

  • 2a · Program service revenue: Consulting income

    total $20,000 · related or exempt $20,000

  • 3 · Investment income

    total $117 · excluded $117

  • 11a · Other revenue: Miscellaneous

    total $80 · related or exempt $80

  • 11e · Other revenue, total

    $80

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $95,457 · program services $80,184 · management and general $5,727 · fundraising $9,546

  • 7 · Other salaries and wages

    total $819,477 · program services $688,360 · management and general $49,169 · fundraising $81,948

  • 8 · Pension plan contributions

    total $15,469 · program services $12,994 · management and general $928 · fundraising $1,547

  • 9 · Other employee benefits

    total $39,357 · program services $33,060 · management and general $2,361 · fundraising $3,936

  • 10 · Payroll taxes

    total $79,534 · program services $66,809 · management and general $4,772 · fundraising $7,953

  • 11b · Fees: legal

    total $6,545 · program services $2,681 · management and general $3,600 · fundraising $264

  • 11c · Fees: accounting

    total $77,114 · program services $31,583 · management and general $42,416 · fundraising $3,115

  • 11g · Fees: other

    total $474,178 · program services $196,885 · management and general $257,876 · fundraising $19,417

  • 13 · Office expenses

    total $4,290 · program services $1,980 · management and general $1,390 · fundraising $920

  • 16 · Occupancy

    total $38,845 · program services $20,526 · management and general $18,319

  • 17 · Travel

    total $51,549 · program services $49,249 · management and general $2,300

  • 22 · Depreciation, depletion and amortization

    total $3,020 · management and general $3,020

  • 23 · Insurance

    total $13,448 · management and general $13,448

  • 24a · Other expenses: Program Supplies & Equi

    total $408,027 · program services $402,048 · management and general $5,454 · fundraising $525

  • 24b · Other expenses: Fee & Subscriptions

    total $28,215 · program services $18,447 · management and general $4,171 · fundraising $5,597

  • 24c · Other expenses: Miscellaneous

    total $19,806 · program services $4,168 · management and general $15,638

  • 24d · Other expenses: Training & Development

    total $5,605 · program services $770 · management and general $4,835

  • 24e · All other expenses

    total $2,440 · program services $500 · management and general $1,940

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $41,584 · end of year $125,275

  • 2 · Savings and temporary cash investments

    beginning of year $1,245,325

  • 3 · Pledges and grants receivable

    beginning of year $550,555 · end of year $442,974

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,716 · end of year $11,193

  • 10a · Land, buildings and equipment: cost or other basis

    $15,377

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,321

  • 10c · Land, buildings and equipment, net

    beginning of year $5,117 · end of year $12,056

  • 15 · Other assets

    beginning of year $0 · end of year $35,514

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,219 · end of year $6,476

  • 27 · Net assets without donor restrictions

    beginning of year $1,289,078 · end of year $395,536

  • 28 · Net assets with donor restrictions

    beginning of year $550,000 · end of year $225,000

Mission and programs · 2023

Mission

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.

  • Mobility Opportunities Fund Equiticity provides low-to-moderate income North Lawndale residents with stipends that make electric mobility devices (EVs, e-bikes, etc.) more affordable. By increasing rates of ownership of electric mobility devices among our North Lawndale neighbors, we can help reduce vehicle emissions and improve air quality. Equiticity organizes community events that familiarize our neighbors with this program and provide applications. To date, more than 100 North Lawndale residents have accessed this program. No charges or fees are leveraged for this programs from participants.

    Expenses $316,900 · Revenue $7,000

  • BikeForce and Bike Team Equiticity's youth programs introduce young people from North and South Lawndale (Pilsen) to the world of cycling, training high school students to maintain and repair conventional bikes and e-bikes, preparing them for the thousands of jobs emerging in the mobility sector, as well as introducing them to bicycle racing. Services are delivered at selected neighborhood schools and community centers, and prospective students find out about the program through Equiticity's network of community partners.E-Bike Technologies Workforce Development Program targets students in their late teens and provides training around a wave of technologies ushering in a transportation revolution in our society, inclusive of electric vehicles, autonomous vehicles, e-bikes, and e-scooters. The program focuses on emerging transportation technologies, such as e-bikes, e-scooters, battery systems, and electric motors and will apprentice teens and young adults in the North Lawndale neighborhood in Chicago to gain the skill sets leading to living wage and career oriented opportunities and/orentrepreneurial opportunities. To date, Equiticity's youth programs have served over 60 young people. No charges or fees are leveraged for these programs from participants.

    Expenses $870,228 · Revenue $7,000

  • Community Mobility Rituals (CMRs) Equiticity's regularly scheduled, hyperlocal mobility events -- bike rides, walking tours, public transit excursions, scooter rolls and open streets festivals -- engage neighbors in active mobility that enhances fitness and well-being, while increasing social cohesion and promoting more vibrant streets. Vibrant streets are likely to be less violent -- and less violence translates to better health and safety for residents. Equiticity delivers CMRs in partnership with a variety of West Side Chicago organizations, which publicize the events through their networks. Routes begin and end in North Lawndale. To date, Equiticity has offered more than 100 CMRs reaching more than 2000 participants. No charges or fees are leveraged for these programs from participants

    Expenses $423,116 · Revenue $6,080

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

Listed in Part VII

  • Olatunji Oboi Reed

    President & CEO

    Total calculated
    $133,731
    From this org
    $126,555
    From related orgs
    $0
    Other
    $7,176
    Hours/week
    40
  • Dionne Baux

    Co-Chair

    Total calculated
    $0
    Hours/week
    2
  • Kyra D Woods

    Co-Chair

    Total calculated
    $0
    Hours/week
    2
  • Jacquelyne D Grimshaw

    Treasurer

    Total calculated
    $0
    Hours/week
    3
  • Chandra Christmas-Rouse

    Secretary

    Total calculated
    $0
    Hours/week
    3
  • Caronina Grimble

    Director

    Total calculated
    $0
    Hours/week
    2
  • Dr Beverly Scott

    Director

    Total calculated
    $0
    Hours/week
    2
  • Gregory Rodriguez

    Director

    Total calculated
    $0
    Hours/week
    2
  • Dr Tiffany McDowell

    Director

    Total calculated
    $0
    Hours/week
    2
  • Dr Nadia I Anderson

    Director

    Total calculated
    $0
    Hours/week
    2

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
27 February 2025
IRS schema version
2023v6.0
Source object
202530589349301508

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