NonprofitsEquity1821 Inc

Community Improvement & Capacity Building

Equity1821 Inc

INDIANAPOLIS, IN

Total revenue

$490K

Total expenses

$217K

Net assets

$100K

Grants received

$163K

3 grants

EIN

874464095

Tax year

2024

Mission

Our mission is to leverage social, financial, and human capital resources with a focus on African American and other businesses of color in pursuit of racial equity in the small business ecosystem.

Financials

FY 2024

Revenue

Contributions & grants$490K
Program service revenue
Investment income
Other revenue
Total revenue$490K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$217K
Total expenses$217K
Total assets$127K
Net assets$100K

People

8 listed

NameRoleCompensation

Phil Johnson

Director

Board

40 hrs/wk

Nick Bontrager

Director

Board

40 hrs/wk

Demetrius Glover

Director

Board

40 hrs/wk

Jeff Bennett

Director

Board

40 hrs/wk

Robert Shegog

Chairman

Board

40 hrs/wk

Tony Mason

Chairman

Board

40 hrs/wk

Greg Hicks

Treasurer

Board

40 hrs/wk

Alice Watson

Secretary

Board

10 hrs/wk

Independent contractors

Black Onyx Management

Management Consulting

$150K

Grants received

Showing 3 of 3

FromAmountPurposeYear
$100K
Support for the Demystifying Underwriting program, which will work with 40 Black small business owners on financial literacy and underwriting.
2024
$33K
TECHNICAL ASSISTANCE GRANT
2023
$30K
GENERAL GRANT DISBURSEMENT
2022

Funded by

$163K from 3 funders · 3 grants · 2022–2024

Details

EIN874464095
NTEE codeS99
Subsection03
Ruling date2022-06
Formed2021
Employees0
EQUITY1821 INC — Mission, Financials & Grants Received | Grantivo