Civic Intelligence

Health Equity Solutions Inc.

990 • Fiscal year 2017 • EIN 46-5011055

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 16, 2018

175 Main Street 3rd Floor WestHartford, CT 06106

(860) 461-7637

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.58x

Higher debt load relative to assets than 90% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

78th percentile

0.06x

Higher debt load relative to revenue than 78% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

45th percentile

1.2%

Higher net margin than 45% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

99th percentile

$149,597

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 42.2% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

43rd percentile

-0.5%

Faster asset growth than 43% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

33rd percentile

-11%

Faster revenue growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$38,679

Down $185 (-0.5%) from 2016

Net Assets

Up

$16,334

Up $4,272 (+35%) from 2016

Liabilities

Down

$22,345

Down $4,457 (-17%) from 2016

Revenue

Down

$354,839

Down $41,760 (-11%) from 2016

Expenses

Down

$350,567

Down $41,570 (-11%) from 2016

Net Income

Down

$4,272

Down $190 (-4.3%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2015: $254,615Liabilities 2015: $247,015Net Assets 2015: $7,6002015Assets 2016: $38,864Liabilities 2016: $26,802Net Assets 2016: $12,0622016Assets 2017: $38,679Liabilities 2017: $22,345Net Assets 2017: $16,3342017Assets 2018: $96,175Liabilities 2018: $42,906Net Assets 2018: $53,2692018Assets 2019: $253,402Liabilities 2019: $84,172Net Assets 2019: $169,2302019Assets 2020: $532,847Liabilities 2020: $128,309Net Assets 2020: $404,5382020Assets 2021: $981,432Liabilities 2021: $130,051Net Assets 2021: $851,3812021Assets 2022: $1,140,648Liabilities 2022: $391,621Net Assets 2022: $749,0272022Assets 2023: $869,636Liabilities 2023: $265,560Net Assets 2023: $604,0762023Assets 2024: $553,574Liabilities 2024: $268,795Net Assets 2024: $284,7792024

Highlighted filing

2017

Assets$38,679
Liabilities$22,345
Net Assets$16,334

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2015: $191,707Expenses 2015: $186,807Net Income 2015: $4,9002015Revenue 2016: $396,599Expenses 2016: $392,137Net Income 2016: $4,4622016Revenue 2017: $354,839Expenses 2017: $350,567Net Income 2017: $4,2722017Revenue 2018: $454,415Expenses 2018: $417,480Net Income 2018: $36,9352018Revenue 2019: $734,140Expenses 2019: $618,179Net Income 2019: $115,9612019Revenue 2020: $878,762Expenses 2020: $643,454Net Income 2020: $235,3082020Revenue 2021: $1,949,718Expenses 2021: $1,502,875Net Income 2021: $446,8432021Revenue 2022: $1,454,065Expenses 2022: $1,436,934Net Income 2022: $17,1312022Revenue 2023: $1,333,155Expenses 2023: $1,478,106Net Income 2023: -$144,9512023Revenue 2024: $1,176,050Expenses 2024: $1,495,347Net Income 2024: -$319,2972024

Highlighted filing

2017

Revenue$354,839
Expenses$350,567
Net Income$4,272
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 16, 2018
Return Version
2017v2.3
Gross Receipts
$354,839
Mission and Program Overview

Mission

The mission of health equity solutions is to reduce and eventually eliminate racial and ethnic health disparities in connecticut by promoting and improving access to health care for persons of any age, gender, disability, race, ethnicity, income, or other class protected by law.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$34,719$30,422▼ $4,297
Prepaid Expenses and Deferred Charges$4,145$3,522▼ $623
Accounts Receivable-$2,590-
Pledges and Grants Receivable-$2,145-
Total Assets$38,864$38,679▼ $185
Liabilities
Accounts Payable and Accrued Expenses$5,746$14,375▲ $8,629
Deferred Revenue$21,056$7,970▼ $13,086
Total Liabilities$26,802$22,345▼ $4,457
Net Assets / Fund Balance
Unrestricted Net Assets$12,062$16,334▲ $4,272
Total Net Assets Fund Balance$12,062$16,334▲ $4,272
Total Liabilities and Net Assets / Fund Balance$38,864$38,679▼ $185
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tekisha Dwan EveretteExecutive DiFT$137,350$12,247$149,597

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$346,744
Program Service Revenue
$8,095
Investment Income
$0
Other Revenue
$0
All Other Contributions
$346,744
Change in Net Assets
$4,272

Audited Revenue Reconciliation

Revenue per Audited Statements
$354,839
Total Revenue per Audited Statements
$354,839
Total Revenue per Form 990
$354,839
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$253,287
Other Expenses$97,280
Total Fundraising Expense$23,924
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$104,718$29,920$14,959$149,597
Other Salaries and Wages$75,750$549$71$76,370
Fees for Services Other$22,681-$5,000$27,681
Payroll Taxes$14,062$2,292$1,129$17,483
Occupancy$10,113$1,648$812$12,573
Fees for Services Accounting-$12,178-$12,178
Fees for Services Lobbying$11,000--$11,000
Other Employee Benefits$8,793$445$202$9,440
Office Expenses$5,670$924$456$7,050
Conferences and Meetings$5,956--$5,956
Insurance$4,305$702$346$5,353
Other Expenses$3,878$841$271$4,990
Information Technology$3,206$523$257$3,986
Travel$3,044$496$245$3,785
Advertising$2,194$358$176$2,728
Pension Plan Contributions$397--$397
Total Functional Expenses$275,767$50,876$23,924$350,567

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$350,567
Total Expenses per Audited Statements$350,567
Total Expenses per Form 990$350,567
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990, once prepared, is reviewed by the full board of directors; each board member receives a copy of the form 990.

Form 990, Page 6, Part VI, Line 12C

All directors sign a conflict of interest policy. All possible conflicts of interest must be disclosed, and no director can participate in a discussion or vote on any matter in which that director has a conflict of interest.

Form 990, Page 6, Part VI, Line 15A

Salary for the executive director is reviewed by the board; salaries for comparable positions at other not-for-profit agencies are taken into consideration when the board discusses compensation.

Form 990, Page 6, Part VI, Line 15B

Compensation for officers and key employees is reviewed by the board; salaries for comparable positions at other not-for-profit agencies are taken into consideration when the board discusses compensation.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Health Equity Solutions Inc
EIN
46-5011055
Phone
8604617637
Address
175 MAIN STREET 3RD FLOOR WEST, HARTFORD, CT 06106

Signing Officer

Name
Tekisha Dwan Everette
Title
Executive Director
Phone
8604617637
Signed
2018-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tekisha Dwan Everette
Formed
2014
Legal Domicile
Ct
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
8

Preparer

Firm
Carney Roy and Gerrol Pc
Address
35 COLD SPRING ROAD SUITE 111, ROCKY HILL, CT 06067-3161
Preparer
Thomas D Roy
Phone
8607215786
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of health equity solutions is to reduce and eventually eliminate racial and ethnic health disparities in connecticut by promoting and improving access to health care for persons of any age, gender, disability, race, ethnicity, income, or other class protected by law.

Form 990, Page 2, Part III, Line 4A

Health equity solutions, inc. Offers educational trainings to build awareness on and promote the importance of health equity in the state of connecticut. We have 4 dedicated training modules: health equity - the basics, social determinants of health, advocacy - the basics, and asset based community development. After participating in the health equity-the basics and social determinants of health trainings, participants will be able to define health equity and discuss how it impacts the basic standards of living. The advocacy basics training explains what is means to be an advocate and promotes the importance of advocacy, and the various ways in which community members can participate. Finally, the asset based community development training examines what current assets are available to a community and identifies potential gaps and devises initial strategies to address the gaps. We also offer story-telling for advocacy workshops and a host of expert driven workshops, training, and lectures related to health equity, social justice and advocacy. Each training module varies in length and can be adapted to fit timeframes from 30-120 minutes per module. All the modules can be modified to address the needs of the organization, community, or group of individuals requesting our training. Health equity solutions, inc. Provided program services to 638 individuals in 2017.

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IRS990/Desc0THE GOALS OF HEALTH EQUITY SOLUTIONS, INC. ARE TO: A) ADVANCE HEALTH EQUITY SOLUTIONS THROUGH THE REDUCTION AND EVENTUAL ELIMINATION OF RACIAL AND ETHNIC HEALTH DISPARITIES IN CONNECTICUT B) IMPROVE LIVES THROUGH PROMOTING AND IMPROVING ACCESS TO HEALTH CARE, REGARDLESS OF A PERSON'S AGE, GENDER, DISABILITY, RACE, ETHNICITY, INCOME, OR OTHER CLASS PROTECTED BY LAW C) EDUCATE DECISION MAKERS, STAKEHOLDERS, AND THE PUBLIC REGARDING POTENTIAL SOLUTIONS TO ADVANCE HEALTH EQUITY, AND D) ENGAGE STAKEHOLDERS IN THE ADVANCEMENT OF PUBLIC POLICY SOLUTIONS THAT MEANINGFULLY AND MEASURABLY FURTHER HEALTH EQUITY SOLUTIONS, INC.'S MISSION. HEALTH EQUITY SOLUTIONS, INC. OFFERS EDUCATIONAL TRAININGS TO BUILD AWARENESS ON AND PROMOTE THE IMPORTANCE OF HEALTH EQUITY IN THE STATE OF CONNECTICUT. WE HAVE 4 DEDICATED TRAINING MODULES: HEALTH EQUITY - THE BASICS, SOCIAL DETERMINANTS OF HEALTH, ADVOCACY - THE BASICS, AND ASSET BASED COMMUNITY DEVELOPMENT. AFTER PARTICIPATING IN THE HEALTH EQUITY-THE BASICS AND SOCIAL DETERMINANTS OF HEALTH TRAININGS, PARTICIPANTS WILL BE ABLE TO DEFINE HEALTH EQUITY AND DISCUSS HOW IT IMPACTS THE BASIC STANDARDS OF LIVING. THE ADVOCACY BASICS TRAINING EXPLAINS WHAT IS MEANS TO BE AN ADVOCATE AND PROMOTES THE IMPORTANCE OF ADVOCACY, AND THE VARIOUS WAYS IN WHICH COMMUNITY MEMBERS CAN PARTICIPATE. FINALLY, THE ASSET BASED COMMUNITY DEVELOPMENT TRAINING EXAMINES WHAT CURRENT ASSETS ARE AVAILABLE TO A COMMUNITY AND IDENTIFIES POTENTIAL GAPS AND DEVISES INITIAL STRATEGIES TO ADDRESS THE GAPS. WE ALSO OFFER STORY-TELLING FOR ADVOCACY WORKSHOPS AND A HOST OF EXPERT DRIVEN WORKSHOPS, TRAINING, AND LECTURES RELATED TO HEALTH EQUITY, SOCIAL JUSTICE AND ADVOCACY. EACH TRAINING MODULE VARIES IN LENGTH AND CAN BE ADAPTED TO FIT TIMEFRAMES FROM 30-120 MINUTES PER MODULE. ALL THE MODULES CAN BE MODIFIED TO ADDRESS THE NEEDS OF THE ORGANIZATION, COMMUNITY, OR GROUP OF INDIVIDUALS REQUESTING OUR TRAINING. HEALTH EQUITY SOLUTIONS, INC. PROVIDED PROGRAM SERVICES TO 638 INDIVIDUALS IN 2017.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF HEALTH EQUITY SOLUTIONS IS TO REDUCE AND EVENTUALLY ELIMINATE RACIAL AND ETHNIC HEALTH DISPARITIES IN CONNECTICUT BY PROMOTING AND IMPROVING ACCESS TO HEALTH CARE FOR PERSONS OF ANY AGE, GENDER, DISABILITY, RACE, ETHNICITY, INCOME, OR OTHER CLASS PROTECTED BY LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HEALTH EQUITY SOLUTIONS, INC. OFFERS EDUCATIONAL TRAININGS TO BUILD AWARENESS ON AND PROMOTE THE IMPORTANCE OF HEALTH EQUITY IN THE STATE OF CONNECTICUT. WE HAVE 4 DEDICATED TRAINING MODULES: HEALTH EQUITY - THE BASICS, SOCIAL DETERMINANTS OF HEALTH, ADVOCACY - THE BASICS, AND ASSET BASED COMMUNITY DEVELOPMENT. AFTER PARTICIPATING IN THE HEALTH EQUITY-THE BASICS AND SOCIAL DETERMINANTS OF HEALTH TRAININGS, PARTICIPANTS WILL BE ABLE TO DEFINE HEALTH EQUITY AND DISCUSS HOW IT IMPACTS THE BASIC STANDARDS OF LIVING. THE ADVOCACY BASICS TRAINING EXPLAINS WHAT IS MEANS TO BE AN ADVOCATE AND PROMOTES THE IMPORTANCE OF ADVOCACY, AND THE VARIOUS WAYS IN WHICH COMMUNITY MEMBERS CAN PARTICIPATE. FINALLY, THE ASSET BASED COMMUNITY DEVELOPMENT TRAINING EXAMINES WHAT CURRENT ASSETS ARE AVAILABLE TO A COMMUNITY AND IDENTIFIES POTENTIAL GAPS AND DEVISES INITIAL STRATEGIES TO ADDRESS THE GAPS. WE ALSO OFFER STORY-TELLING FOR ADVOCACY WORKSHOPS AND A HOST OF EXPERT DRIVEN WORKSHOPS, TRAINING, AND LECTURES RELATED TO HEALTH EQUITY, SOCIAL JUSTICE AND ADVOCACY. EACH TRAINING MODULE VARIES IN LENGTH AND CAN BE ADAPTED TO FIT TIMEFRAMES FROM 30-120 MINUTES PER MODULE. ALL THE MODULES CAN BE MODIFIED TO ADDRESS THE NEEDS OF THE ORGANIZATION, COMMUNITY, OR GROUP OF INDIVIDUALS REQUESTING OUR TRAINING. HEALTH EQUITY SOLUTIONS, INC. PROVIDED PROGRAM SERVICES TO 638 INDIVIDUALS IN 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990, ONCE PREPARED, IS REVIEWED BY THE FULL BOARD OF DIRECTORS; EACH BOARD MEMBER RECEIVES A COPY OF THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DIRECTORS SIGN A CONFLICT OF INTEREST POLICY. ALL POSSIBLE CONFLICTS OF INTEREST MUST BE DISCLOSED, AND NO DIRECTOR CAN PARTICIPATE IN A DISCUSSION OR VOTE ON ANY MATTER IN WHICH THAT DIRECTOR HAS A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SALARY FOR THE EXECUTIVE DIRECTOR IS REVIEWED BY THE BOARD; SALARIES FOR COMPARABLE POSITIONS AT OTHER NOT-FOR-PROFIT AGENCIES ARE TAKEN INTO CONSIDERATION WHEN THE BOARD DISCUSSES COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS REVIEWED BY THE BOARD; SALARIES FOR COMPARABLE POSITIONS AT OTHER NOT-FOR-PROFIT AGENCIES ARE TAKEN INTO CONSIDERATION WHEN THE BOARD DISCUSSES COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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