Equality Michigan Action Network
EIN: 510525019 · Kalamazoo, MI · NTEE: R26
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $931K |
| Net Assets | $213K |
Is Equality Michigan Action Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Equality Michigan Action Network
Equality Michigan Action Network (EIN: 510525019) is a nonprofit organization based in Kalamazoo, MI, classified under NTEE code R26. The organization reported total revenue of $1.2M and total assets of $505K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Equality Michigan Action Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Equality Michigan Action Network is a mid-size nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2020–2022). Revenue has grown at a compound annual rate of 143.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $931K |
| Surplus / Deficit | +$133K |
| Total Assets | $242K |
| Total Liabilities | $29K |
| Net Assets | $213K |
| Operating Margin | 12.5% |
| Debt-to-Asset Ratio | 12.2% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2022, Equality Michigan Action Network reported a surplus of $133K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 12.2% (very low leverage).
Financial Trends
Over 3 years of filings (2020–2022), Equality Michigan Action Network's revenue has grown at a compound annual growth rate (CAGR) of 143.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +4041.6% | +2060.3% | +195.9% |
| 2021 | -85.6% | -58.6% | -23.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Equality Michigan Action Network has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Equality Michigan Action Network with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $133K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.2%.
Frequently Asked Questions about Equality Michigan Action Network
Is Equality Michigan Action Network a legitimate charity?
Equality Michigan Action Network (EIN: 510525019) is a registered tax-exempt nonprofit based in Michigan. It has 3 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: A.
How does Equality Michigan Action Network spend its money?
Equality Michigan Action Network reported $1.2M in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Equality Michigan Action Network tax-deductible?
Equality Michigan Action Network is registered as a tax-exempt nonprofit (EIN: 510525019). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Equality Michigan Action Network located?
Equality Michigan Action Network is headquartered in Kalamazoo, Michigan and files with the IRS under EIN 510525019. It is classified under NTEE code R26.
How many years of IRS 990 filings does Equality Michigan Action Network have?
Equality Michigan Action Network has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Equality Michigan Action Network showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2022), Equality Michigan Action Network's revenue has grown by 494.6%, moving from $179K to $1.1M. Total assets increased by 125.1% over the same period, from $108K to $242K. Total functional expenses rose by 795.1%, from $104K to $931K. In its most recent filing year (2022), Equality Michigan Action Network reported a surplus of $133K, with revenue exceeding expenses. The organization holds $29K in liabilities against $242K in assets (debt-to-asset ratio: 12.2%), resulting in net assets of $213K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.1M | $931K | $242K | $29K | — | — |
| 2021 | $26K | $43K | $82K | $2K | — | View 990 |
| 2020 | $179K | $104K | $108K | $10K | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $1.1M, expenses of $931K, and assets of $242K (revenue +4041.6% year-over-year).
- 2021: Revenue of $26K, expenses of $43K, and assets of $82K (revenue -85.6% year-over-year).
- 2020: Revenue of $179K, expenses of $104K, and assets of $108K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Equality Michigan Action Network:
Data Sources and Methodology
This transparency report for Equality Michigan Action Network is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.