Civic Intelligence

Health Equity Solutions Inc.

990 • Fiscal year 2020 • EIN 46-5011055

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

53 Oak StreetHartford, CT 06106

(860) 461-7637

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.24x

Higher debt load relative to assets than 72% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.15x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

77th percentile

27%

Higher net margin than 77% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

93rd percentile

$143,784

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 16.4% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

91st percentile

110%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

74th percentile

20%

Faster revenue growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$532,847

Up $279,445 (+110%) from 2019

Net Assets

Up

$404,538

Up $235,308 (+139%) from 2019

Liabilities

Up

$128,309

Up $44,137 (+52%) from 2019

Revenue

Up

$878,762

Up $144,622 (+20%) from 2019

Expenses

Up

$643,454

Up $25,275 (+4.1%) from 2019

Net Income

Up

$235,308

Up $119,347 (+103%) from 2019

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

2020

Assets$532,847
Liabilities$128,309
Net Assets$404,538

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

2020

Revenue$878,762
Expenses$643,454
Net Income$235,308
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$878,762
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$190,045$437,099▲ $247,054
Accounts Receivable$54,556$80,217▲ $25,661
Prepaid Expenses and Deferred Charges$5,661$8,531▲ $2,870
Pledges and Grants Receivable$3,140$5,000▲ $1,860
Total Assets$253,402$532,847▲ $279,445
Other Assets Total-$2,000-
Liabilities
Other Liabilities-$96,992-
Deferred Revenue$26,976$19,930▼ $7,046
Accounts Payable and Accrued Expenses$57,196$11,387▼ $45,809
Total Liabilities$84,172$128,309▲ $44,137
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$169,230$404,538▲ $235,308
Total Net Assets Fund Balance$169,230$404,538▲ $235,308
Total Liabilities and Net Assets / Fund Balance$253,402$532,847▲ $279,445
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tekisha Dwan EveretteExecutive DiFT$139,600$4,184$143,784

Board Members and Trustees

NameTitle
Michele ScottPresident
Alina PennyDirector
Amy RomanoDirector
David NewtonDirector
Gwendolyn BrantleyDirector
Lawrence DavisDirector
Supriya LaknidhiSecretary
Robert KrzysTreasurer
Alycia SantilliVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$620,255
Program Service Revenue
$258,507
Investment Income
$0
Other Revenue
$0
All Other Contributions
$492,544
Change in Net Assets
$235,308

Audited Revenue Reconciliation

Revenue per Audited Statements
$878,762
Total Revenue per Audited Statements
$878,762
Total Revenue per Form 990
$878,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$491,230
Other Expenses$152,224
Total Fundraising Expense$33,605
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$255,951$9,318$8,009$273,278
Current Officers, Directors, Trustees, and Key Employees$99,359$28,389$14,194$141,942
Fees for Services Other$52,959--$52,959
Other Employee Benefits$29,697$3,107$1,836$34,640
Payroll Taxes$28,591$2,992$1,768$33,351
Occupancy$13,281$1,390$821$15,492
Fees for Services Accounting-$13,050-$13,050
Fees for Services Lobbying$9,864--$9,864
Office Expenses$8,007$838$495$9,340
Conferences and Meetings$7,211$754$446$8,411
Pension Plan Contributions$7,532$258$229$8,019
Information Technology$6,097$638$377$7,112
Insurance$4,505$471$278$5,254
Other Expenses$3,366$352$208$3,926
Travel$2,994$313$185$3,492
All Other Expenses$3,300--$3,300
Advertising$2,012$210$124$2,346
Total Functional Expenses$547,002$62,847$33,605$643,454

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$643,454
Total Expenses per Audited Statements$643,454
Total Expenses per Form 990$643,454
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances$96,992
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
53 OAK STREET, HARTFORD, CT 06106

Signing Officer

Name
Tekisha Dwan Everette
Title
Executive Director
Phone
8604617637
Signed
2021-11-11
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
8
Volunteers
11

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

Hes 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.

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IRS990/Desc0HES 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.
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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/ExplanationTxt1HES 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.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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