Overview

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Est.

2019

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Innovation for Equity Inc (EIN: 84-2709943) is a nonprofit organization dedicated to convening education and workforce sector leaders across the country. With an operating budget of $842.8K and total revenue of $550.4K for the filing year 2024, the organization focuses on enhancing collaboration and innovation in education services. Notably, it does not rely on a single funder for 50% or more of its revenue, ensuring a diversified funding base. More information can be found on their website at https://innovationequity.org/.

Mission Statement

IFE IS A CONVENER OF EDUCATION AND WORKFORCE SECTOR LEADERS ACROSS THE COUNTRY.
Revenues
$550.4K
Expenses
$842.8K
Net Income:
-$292.4K
Assets
$361.8K
Liabilities
$276.8K
Net Assets:
+$85.1K
Operating Budget
$842.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$22.5K
Largest grant received
$50K
A
Angela Romans
Board Member
A
Angelia Dickens
Board Member
M
Matthew Mugo Fields
Board Member

Frequently Asked Questions

What is INNOVATION FOR EQUITY INC’s budget?
In 2024, INNOVATION FOR EQUITY INC reported an annual operating budget of around $843 thousand. More detailed financial information is available to registered users.
What causes does INNOVATION FOR EQUITY INC support?
INNOVATION FOR EQUITY INC supports work in Education services.
Where does INNOVATION FOR EQUITY INC operate?
INNOVATION FOR EQUITY INC is headquartered in Washington, DC.
Who funded INNOVATION FOR EQUITY INC recently?
In 2024, INNOVATION FOR EQUITY INC received grants from BILL & MELINDA GATES FOUNDATION, Annie E Casey Foundation Inc, and Lumina Foundation for Education Inc. More information on this organization’s funders is available to registered users.
What is the largest grant INNOVATION FOR EQUITY INC received in 2024?
The largest grant to INNOVATION FOR EQUITY INC in 2024 exceeds $50 thousand.