Equality Ohio Education Fund
Equality Ohio Education Fund shows strong revenue growth and no reported officer compensation over the past decade.
EIN: 20743268 · Columbus, OH · NTEE: R26 · Updated: 2026-03-28
Is Equality Ohio Education Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Equality Ohio Education Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Equality Ohio Education Fund
Equality Ohio Education Fund (EIN: 20743268) is a nonprofit organization based in Columbus, OH, classified under NTEE code R26. The organization reported total revenue of $1.8M and total assets of $780K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Equality Ohio Education Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Equality Ohio Education Fund with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Equality Ohio Education Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Equality Ohio Education Fund consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating that no funds are allocated to executive salaries, which is highly unusual and suggests a strong commitment to directing resources to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Equality Ohio Education Fund:
- Consistent reporting of 0% officer compensation across all filings
- Strong revenue growth, peaking at over $2.4 million in 2022
- Healthy and growing asset base, reaching $1.2 million in 2023
- Low liabilities relative to assets, indicating financial stability
- Extensive public filing history (13 filings) demonstrating transparency
Frequently Asked Questions about Equality Ohio Education Fund
Is Equality Ohio Education Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Equality Ohio Education Fund (EIN: 20743268) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Equality Ohio Education Fund spend its money?
Equality Ohio Education Fund directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Equality Ohio Education Fund tax-deductible?
Equality Ohio Education Fund is registered as a tax-exempt nonprofit (EIN: 20743268). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Equality Ohio Education Fund a good charity?
Based on the available financial data, Equality Ohio Education Fund appears to be a good charity. They demonstrate strong financial health, consistent revenue growth, and notably report 0% officer compensation, suggesting a high dedication to their mission.
How has Equality Ohio Education Fund's revenue trended?
Equality Ohio Education Fund has shown significant revenue growth, particularly in recent years. Revenue increased from $896,396 in 2018 to a peak of $2,446,418 in 2022, before a slight decrease to $2,337,526 in 2023.
What is the organization's asset position?
The organization's assets have grown substantially, from $427,119 in 2019 to $1,239,560 in 2023, indicating a healthy and growing financial reserve.
Are there any concerns about executive compensation?
No, there are no concerns about executive compensation. All 13 IRS 990 filings consistently report 0% officer compensation, which is an exceptional indicator of financial stewardship.
How does their spending compare to their revenue?
Equality Ohio Education Fund generally manages its expenses well in relation to its revenue. For example, in 2023, expenses were $2,207,612 against revenues of $2,337,526, resulting in a surplus. There was a period in 2014 and 2015 where expenses exceeded revenue, but this trend has largely reversed.
Filing History
IRS 990 filing history for Equality Ohio Education Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Equality Ohio Education Fund's revenue has grown by 662.3%, moving from $307K to $2.3M. Total assets increased by 2454.2% over the same period, from $49K to $1.2M. Total functional expenses rose by 649.6%, from $295K to $2.2M. In its most recent filing year (2023), Equality Ohio Education Fund reported a surplus of $130K, with revenue exceeding expenses. The organization holds $112K in liabilities against $1.2M in assets (debt-to-asset ratio: 9.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.2M | $1.2M | $112K | — | — |
| 2022 | $2.4M | $1.9M | $1.2M | $120K | — | View 990 |
| 2021 | $1.2M | $1.8M | $664K | $57K | — | View 990 |
| 2020 | $1.8M | $1.3M | $934K | $152K | — | View 990 |
| 2019 | $1.2M | $1.3M | $427K | $23K | — | View 990 |
| 2018 | $896K | $865K | $587K | $45K | — | View 990 |
| 2017 | $837K | $619K | $541K | $31K | — | View 990 |
| 2016 | $667K | $630K | $229K | $60K | — | View 990 |
| 2015 | $727K | $764K | $190K | $59K | — | View 990 |
| 2014 | $1.5M | $1.7M | $216K | $74K | — | View 990 |
| 2013 | $868K | $504K | $427K | $30K | — | View 990 |
| 2012 | $402K | $400K | $70K | $22K | — | View 990 |
| 2011 | $307K | $295K | $49K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.2M, and assets of $1.2M (revenue -4.5% year-over-year).
- 2022: Revenue of $2.4M, expenses of $1.9M, and assets of $1.2M (revenue +109.5% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.8M, and assets of $664K (revenue -34.1% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.3M, and assets of $934K (revenue +43.1% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $427K (revenue +38.2% year-over-year).
- 2018: Revenue of $896K, expenses of $865K, and assets of $587K (revenue +7.1% year-over-year).
- 2017: Revenue of $837K, expenses of $619K, and assets of $541K (revenue +25.5% year-over-year).
- 2016: Revenue of $667K, expenses of $630K, and assets of $229K (revenue -8.3% year-over-year).
- 2015: Revenue of $727K, expenses of $764K, and assets of $190K (revenue -52.1% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.7M, and assets of $216K (revenue +74.9% year-over-year).
- 2013: Revenue of $868K, expenses of $504K, and assets of $427K (revenue +115.7% year-over-year).
- 2012: Revenue of $402K, expenses of $400K, and assets of $70K (revenue +31.2% year-over-year).
- 2011: Revenue of $307K, expenses of $295K, and assets of $49K.
Data Sources and Methodology
This transparency report for Equality Ohio Education Fund 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.