EQUITY RESEARCH ORGANIZATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: EQUITY RESEARCH ORGANIZATION (EIN 87-1841250)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-10-15
IRS object ID: 202532889349302888
Schema version: 2024v5.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-10-15T16:11:12-05:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	871353108	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	EISNER ADVISORY GROUP LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	130 NORTH 18TH STREET SUITE 3000	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	191032757	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	871841250	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EQUITY RESEARCH ORGANIZATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	EQUI	BusinessNameControlTxt
Phone	2165075820	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	100 S JUNIPER ST 3RD FL PMB 5127	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19107	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SHANELL HAYGOOD	PersonNm
Person Title	ACTING PRESIDENT	PersonTitleTxt
Phone	2165075820	PhoneNum
Signature	2025-10-03	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	HELEN M MARTIN	PreparerPersonNm
PTIN	P01330899	PTIN
Phone	2158818800	PhoneNum

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	EQUITY RESEARCH COOPERATIVE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	JALIL M BISHOP	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	100 S JUNIPER ST 3RD FL PMB 5127	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19107	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$3,098,495	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.EQUITYRESEARCHCOOPERATIVE.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2021	FormationYr
Legal Domicile State	PA	LegalDomicileStateCd
Activity Or Mission	THE EQUITY RESEARCH COOPERATIVE (EQRC) IS A NON-PROFIT RESEARCH COLLECTIVE THAT ADVANCES THE SOCIAL, ECONOMIC, EDUCATIONAL, AND POLITICAL INTERESTS OF COMMUNITIES OF COLOR THROUGH COMMUNITY-ENGAGED RESEARCH, ADVOCACY, AND THE PRAXIS OF REDISTRIBUTION. AS A PEOPLE OF COLOR-LED INTERDISCIPLINARY RESEARCH COOPERATIVE, WE STRATEGICALLY REDISTRIBUTE OUR FINANCIAL RESOURCES, ACADEMIC CAPITAL, AND OPERATIONAL INFRASTRUCTURE TO SOCIAL JUSTICE INITIATIVES, ORGANIZATIONS, AND MOVEMENTS THAT REDRESS STRUCTURAL OPPRESSION.	ActivityOrMissionDesc
Voting Members Governing Body	6	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	10	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$507,230	PYContributionsGrantsAmt
CY Contributions Grants	$162,828	CYContributionsGrantsAmt
PY Program Service Revenue	$2,342,586	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,845,485	CYProgramServiceRevenueAmt
PY Investment Income	$51,757	PYInvestmentIncomeAmt
CY Investment Income	$90,182	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$2,901,573	PYTotalRevenueAmt
CY Total Revenue	$3,098,495	CYTotalRevenueAmt
PY Grants And Similar Paid	$1,231	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$292,890	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$926,492	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,057,082	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$47,397	CYTotalFundraisingExpenseAmt
PY Other Expenses	$707,326	PYOtherExpensesAmt
CY Other Expenses	$1,107,635	CYOtherExpensesAmt
PY Total Expenses	$1,635,049	PYTotalExpensesAmt
CY Total Expenses	$2,457,607	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,266,524	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$640,888	CYRevenuesLessExpensesAmt
Total Assets BOY	$4,368,360	TotalAssetsBOYAmt
Total Assets EOY	$3,644,350	TotalAssetsEOYAmt
Total Liabilities BOY	$2,418,145	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,053,247	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,950,215	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,591,103	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE EQUITY RESEARCH COOPERATIVE (EQRC) IS A NON-PROFIT RESEARCH COLLECTIVE THAT ADVANCES THE SOCIAL, ECONOMIC, EDUCATIONAL, AND POLITICAL INTERESTS OF COMMUNITIES OF COLOR THROUGH COMMUNITY-ENGAGED RESEARCH, ADVOCACY, AND THE PRAXIS OF REDISTRIBUTION.(CONT'D IN SCH O) AS A PEOPLE OF COLOR-LED INTERDISCIPLINARY RESEARCH COOPERATIVE, WE STRATEGICALLY REDISTRIBUTE OUR FINANCIAL RESOURCES, ACADEMIC CAPITAL, AND OPERATIONAL INFRASTRUCTURE TO SOCIAL JUSTICE INITIATIVES, ORGANIZATIONS, AND MOVEMENTS THAT REDRESS STRUCTURAL OPPRESSION.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,909,898	ExpenseAmt
Grant	$292,890	GrantAmt
Revenue	$2,845,485	RevenueAmt
Desc	DURING 2024 EQUITY RESEARCH ORGANIZATION ACCOMPLISHED ITS MISSION TO ADVANCE THE SOCIAL, ECONOMIC, EDUCATIONAL, AND POLITICAL INTERESTS OF COMMUNITIES OF COLOR THROUGH COMMUNITY-ENGAGED RESEARCH, ADVOCACY, AND THE PRAXIS OF REDISTRIBUTION.	Desc
Total Program Service Expenses	$1,909,898	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	0	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	Yes (1)	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	43	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	10	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	6	GoverningBodyVotingMembersCnt
Independent Voting Member	0	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	PA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KAILA VANLEER-WALKER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2165075820	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	100 S JUNIPER ST	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19107	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
JALIL BISHOP
EXECUTIVE DIRECTOR & PRESIDENT	35.00	Yes (X)	Yes (X)	$127,788	$0	$16,517
MARIA SAYIL CAMACHO PEREZ
DIR OF COMM PTNRSHPS (THRU 3/29/24)	1.00	Yes (X)		$23,914	$0	$1,435
JONATHAN DAVIS
DIRECTOR OF RESEARCH	35.00	Yes (X)		$111,583	$0	$36,440
SHANELL HAGOOD
SECRETARY/DIR OF STRATEGY & CULTURE	35.00	Yes (X)	Yes (X)	$111,583	$0	$35,905
AWILDA RODRIGUEZ
TRUSTEE (THRU 3/1/24)	5.00	Yes (X)		$3,333	$0	$0
KEON MCGUIRE
TRUSTEE	15.00	Yes (X)		$60,000	$0	$0
OSCAR MAYORGA
DIRECTOR OF DATA FOR FREEDOM & TREASURER	35.00	Yes (X)	Yes (X)	$87,398	$0	$27,359
KAILA VANLEER-WALKER
DIRECTOR OF OPERATIONS	35.00	Yes (X)		$95,237	$0	$30,089
RASHIDA BOYD
DIRECTOR OF FINANCE	35.00		Yes (X)	$86,413	$0	$21,252

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$707,249	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$168,997	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	3	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$162,828	AllOtherContributionsAmt
Total Contributions	$162,828	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	RESEARCH CONTRACTS	Desc
Business	541900	BusinessCd
Total Revenue Column	$2,845,485	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,845,485	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,845,485	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$90,182	TotalRevenueColumnAmt
Exclusion	$90,182	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,098,495	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,845,485	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$90,182	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$292,890	TotalAmt
Program Services	$292,890	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$514,216	TotalAmt
Program Services	$514,216	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$374,510	TotalAmt
Program Services	$374,510	ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$16,149	TotalAmt
Program Services	$16,149	ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$90,685	TotalAmt
Program Services	$90,685	ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$61,522	TotalAmt
Program Services	$61,522	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,018	TotalAmt
Management And General	$1,018	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$76,833	TotalAmt
Management And General	$76,833	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$801,572	TotalAmt
Program Services	$413,822	ProgramServicesAmt
Management And General	$342,750	ManagementAndGeneralAmt
Fundraising	$45,000	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$27,945	TotalAmt
Program Services	$17,393	ProgramServicesAmt
Management And General	$10,552	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$44,537	TotalAmt
Program Services	$37,572	ProgramServicesAmt
Management And General	$6,965	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$93,028	TotalAmt
Program Services	$32,924	ProgramServicesAmt
Management And General	$57,707	ManagementAndGeneralAmt
Fundraising	$2,397	FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
SUBSCRIPTIONS	$58,647	$55,377	$3,270
OTHER EXPENSES	$4,055	$2,838	$1,217

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,457,607	TotalAmt
Program Services	$1,909,898	ProgramServicesAmt
Management And General	$500,312	ManagementAndGeneralAmt
Fundraising	$47,397	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$3,809,688	BOYAmt
EOY	$3,367,051	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$558,672	BOYAmt
EOY	$260,000	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
EOY	$17,299	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,368,360	BOYAmt
EOY	$3,644,350	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$7,479	BOYAmt
EOY	$126,948	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$2,410,666	BOYAmt
EOY	$926,299	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,418,145	BOYAmt
EOY	$1,053,247	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,443,490	BOYAmt
EOY	$2,181,103	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$506,725	BOYAmt
EOY	$410,000	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,950,215	BOYAmt
EOY	$2,591,103	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,368,360	BOYAmt
EOY	$3,644,350	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$640,888	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	0	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$836,447	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$507,230	CurrentTaxYearMinus1YearAmt
Current Tax Year	$162,828	CurrentTaxYearAmt
Total	$1,506,505	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$836,447	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$507,230	CurrentTaxYearMinus1YearAmt
Current Tax Year	$162,828	CurrentTaxYearAmt
Total	$1,506,505	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$1,433,828	SubstantialContributorsTotAmt
Public Support Total170	$72,677	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$5,864	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$51,757	CurrentTaxYearMinus1YearAmt
Current Tax Year	$90,182	CurrentTaxYearAmt
Total	$147,803	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$1,654,308	TotalSupportAmt
Gross Receipts Rltd Activities	$6,178,484	GrossReceiptsRltdActivitiesAmt
First5 Years170	Yes (X)	First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,098,495	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$3,098,495	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,098,495	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,457,607	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$2,457,607	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$2,457,607	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	EQRC IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. EQRC QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER CODE SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF EQRC HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY EQRC, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS.	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	0	GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Purpose Of GrantPurposeOfGrantTxt
GROWING INLAND ACHIEVEMENT INC
1508 BARTON ROAD 185	REDLANDS	CA	92373	851010439	501(C)(3)	$108,713	$0	IFS RESEARCH FUND
AMERICAN ASSOCIATION OF STATE COLLEGES AND UNIVERSITIES
1717 RHODE ISLAND AVE NW 7TH FLOOR	WASHINGTON	DC	20036	520747578	501(C)(3)	$72,463	$0	IFS RESEARCH/POS EVALUATION
UNITED NEGRO COLLEGE FUND
1805 7TH STREET NW	WASHINGTON	DC	20001	131624241	501(C)(3)	$108,713	$0	PDP ONBOARDING RECEPTION AT UNITE 2024, IFS RESEARCH FUND

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EQUITY MANAGEMENT ANALYTICS INCORPORATED	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Relationship Description	BOARD MEMBER OSCAR MAYORGA IS 100% OWNER OF S-CORP	RelationshipDescriptionTxt
Transaction	$17,500	TransactionAmt
Transaction	CORE TEAM MEMBER CONTRACTED SERVICES	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	REVIEW OF FORM 990 FORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS AND IS REVIEWED BY THE TREASURER OF EQUITY RESEARCH ORGANIZATION. ALL MEMBERS OF THE GOVERNING BODY RECEIVE AN ELECTRONIC COPY OF THE 990 BEFORE FILING.
FORM 990, PART VI, SECTION C, LINE 19	DOCUMENTS AVAILABLE TO THE PUBLIC EQUITY RESEARCH ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11G	PROJECT ASSISTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 36,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,000. RESEARCH FELLOWS: PROGRAM SERVICE EXPENSES 36,075. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,075. EXPERT STIPENDS: PROGRAM SERVICE EXPENSES 13,750. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,750. COMMUNITY PARTNER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 275,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 275,500. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 4,950. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,950. WORKERS COMP: PROGRAM SERVICE EXPENSES 940. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 940. PROJECT LEAD: PROGRAM SERVICE EXPENSES 241,877. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 241,877. MARKETING AND COMMUNICATIONS CONSULTANT: PROGRAM SERVICE EXPENSES 35,397. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,397. MISCELLANEOUS CONTRACTORS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 31,250. FUNDRAISING EXPENSES 45,000. TOTAL EXPENSES 76,250. CORE TEAM MEMBERS: PROGRAM SERVICE EXPENSES 80,833. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,833.