Equinox Software Inc
Equinox Software Inc. operates with tight margins and consistent liabilities exceeding assets, reporting no officer compensation.
EIN: 204877798 · Norcross, GA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $-140,528 |
| Transparency Score | 65/100 |
Is Equinox Software Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Equinox Software Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Equinox Software Inc
Equinox Software Inc (EIN: 204877798) is a nonprofit organization based in Norcross, GA. The organization reported total revenue of $3.0M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Equinox Software Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Equinox Software Inc is a mid-size nonprofit that has been operating for 8 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$9K |
| Total Assets | $773K |
| Total Liabilities | $913K |
| Net Assets | $-140,528 |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 118.2% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2023, Equinox Software Inc reported a surplus of $9K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 118.2% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Equinox Software Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.7% | +16.4% | -35.3% |
| 2022 | -12.7% | +8.3% | +30.4% |
| 2021 | +35.8% | +8.4% | -8.6% |
| 2020 | -4.1% | +5.1% | +30.1% |
| 2019 | +4.6% | -2.6% | +20.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Equinox Software Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Equinox Software Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 118.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization with revenues exceeding $2 million annually. This could indicate a volunteer leadership structure or that executive compensation is categorized differently, warranting further investigation for full transparency.
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.
Red Flags
The following concerns were identified during AI analysis of Equinox Software Inc's IRS 990 filings:
- Consistent liabilities exceeding assets, indicating potential financial strain or reliance on debt.
- 0% reported officer compensation across all filings, which is unusual for an organization of this size and revenue.
- Unknown NTEE code, hindering clear understanding of mission and program focus.
Strengths
The following positive indicators were identified for Equinox Software Inc:
- Consistent revenue generation over several years, demonstrating operational stability.
- Expenses generally track closely with revenue, suggesting efficient management of resources.
- Lean operational margins, indicating a focus on utilizing funds rather than accumulating large surpluses.
Frequently Asked Questions about Equinox Software Inc
Is Equinox Software Inc a legitimate charity?
Equinox Software Inc (EIN: 204877798) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 65/100. It has 7 years of IRS 990 filings on record. Total revenue: $3.0M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Equinox Software Inc spend its money?
Equinox Software Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Equinox Software Inc tax-deductible?
Equinox Software Inc is registered as a tax-exempt nonprofit (EIN: 204877798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Equinox Software Inc CEO make?
Equinox Software Inc's highest-compensated officer earns $2 annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Equinox Software Inc's spending goes to programs?
Equinox Software Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Equinox Software Inc located?
Equinox Software Inc is headquartered in Norcross, Georgia and files with the IRS under EIN 204877798.
How many years of IRS 990 filings does Equinox Software Inc have?
Equinox Software Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.0M in total revenue.
How does Equinox Software Inc. manage to operate with no reported officer compensation given its revenue levels?
The consistent reporting of 0% officer compensation across all filings for an organization with revenues in the millions is atypical. This could imply a fully volunteer-led executive team, or that compensation for leadership is structured and reported under other expense categories, which would require deeper scrutiny of their financial statements to understand fully.
What is the nature of Equinox Software Inc.'s liabilities, which consistently exceed its assets?
The consistent trend of liabilities surpassing assets, such as $913,336 in liabilities against $772,808 in assets in 2023, suggests a significant reliance on debt or other obligations. Understanding the composition of these liabilities (e.g., program-related debt, operational loans) is crucial for assessing long-term financial stability.
What are the specific program activities of Equinox Software Inc. given its NTEE code is unknown?
Without an NTEE code, the specific mission and program activities of Equinox Software Inc. are unclear. This lack of information makes it difficult to assess the effectiveness and impact of its spending, particularly the estimated 80% allocated to programs.
Filing History
IRS 990 filing history for Equinox Software Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Equinox Software Inc's revenue has grown by 23.2%, moving from $2.1M to $2.6M. Total assets increased by 35% over the same period, from $573K to $773K. Total functional expenses rose by 33.6%, from $1.9M to $2.5M. In its most recent filing year (2023), Equinox Software Inc reported a surplus of $9K, with revenue exceeding expenses. The organization holds $913K in liabilities against $773K in assets (debt-to-asset ratio: 118.2%), resulting in net assets of $-140,528.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.5M | $773K | $913K | — | — |
| 2022 | $2.2M | $2.2M | $1.2M | $1.3M | — | View 990 |
| 2021 | $2.5M | $2.0M | $916K | $970K | — | View 990 |
| 2020 | $1.9M | $1.9M | $1.0M | $1.6M | — | — |
| 2019 | $1.9M | $1.8M | $771K | $1.4M | — | View 990 |
| 2018 | $1.9M | $1.8M | $639K | $1.4M | — | View 990 |
| 2017 | $2.1M | $1.9M | $573K | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.5M, and assets of $773K (revenue +15.7% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.2M, and assets of $1.2M (revenue -12.7% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.0M, and assets of $916K (revenue +35.8% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.9M, and assets of $1.0M (revenue -4.1% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.8M, and assets of $771K (revenue +4.6% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.8M, and assets of $639K (revenue -10.4% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.9M, and assets of $573K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Equinox Software Inc:
Data Sources and Methodology
This transparency report for Equinox Software Inc 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.