Civic Intelligence

Equity Group Foundation International

990EZ • Fiscal year 2018 • EIN 46-5606457

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 24, 2019

Organization Profileequitygroupfoundation.com
3 Columbus Circle 15th FloorNew York, NY 10019

(212) 716-1491

Siviq Scores

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

Liabilities / Assets

74th percentile

0.00x

Higher debt load relative to assets than 74% of similar nonprofits.

2018 filings • NTEE Q33 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

2018 filings • NTEE Q33 • <$500k nonprofits • Source year 2018

Asset Growth

40th percentile

-1.8%

Faster asset growth than 40% of similar nonprofits.

2018 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$83,420

Down $1,551 (-1.8%) from 2017

Net Assets

Down

$83,403

Down $1,551 (-1.8%) from 2017

Liabilities

Flat

$17

Flat from 2017

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2017

Expenses

Down

$1,551

Down $7,239 (-82%) from 2017

Net Income

Up

-$1,551

Up $7,239 (+82%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$150K$100K$50K$0-$50KAssets 2014: $145,095Liabilities 2014: $0Net Assets 2014: $145,0952014Assets 2015: $17,928Liabilities 2015: $0Net Assets 2015: $17,9282015Assets 2016: $111,891Liabilities 2016: $0Net Assets 2016: $111,8912016Assets 2017: $84,971Liabilities 2017: $17Net Assets 2017: $84,9542017Assets 2018: $83,420Liabilities 2018: $17Net Assets 2018: $83,4032018Assets 2019: $67,271Liabilities 2019: $0Net Assets 2019: $67,2712019Assets 2020: $46,080Liabilities 2020: $0Net Assets 2020: $46,0802020Assets 2021: $3,127Liabilities 2021: $20,833Net Assets 2021: -$17,7062021Assets 2022: $2,834Liabilities 2022: $0Net Assets 2022: $2,8342022Assets 2023: $3,468Liabilities 2023: $0Net Assets 2023: $3,4682023Assets 2024: $72,280Liabilities 2024: $0Net Assets 2024: $72,2802024

Highlighted filing

2018

Assets$83,420
Liabilities$17
Net Assets$83,403
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200KRevenue 2014: $152,100Expenses 2014: $7,005Net Income 2014: $145,0952014Revenue 2015: $21,000Expenses 2015: $148,167Net Income 2015: -$127,1672015Revenue 2016: $100,000Expenses 2016: $5,037Net Income 2016: $94,9632016Revenue 2017: $0Expenses 2017: $8,790Net Income 2017: -$8,7902017Revenue 2018: $0Expenses 2018: $1,551Net Income 2018: -$1,5512018Revenue 2019: $0Expenses 2019: $16,132Net Income 2019: -$16,1322019Revenue 2020: $258,263Expenses 2020: $279,454Net Income 2020: -$21,1912020Revenue 2021: $50,000Expenses 2021: $113,786Net Income 2021: -$63,7862021Revenue 2022: $20,833Expenses 2022: $293Net Income 2022: $20,5402022Revenue 2023: $3,000Expenses 2023: $2,366Net Income 2023: $6342023Revenue 2024: $72,500Expenses 2024: $3,688Net Income 2024: $68,8122024

Highlighted filing

2018

Revenue$0
Expenses$1,551
Net Income-$1,551
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 24, 2019
Return Version
2018v3.1
Gross Receipts
$0
Mission and Program Overview

Mission

To transform the socio-economic status of the 100 million African people at the bottom of the social pyramid by 2024 by making grants to charities and development organizations that provide services and programs to improve access to quality, affordable health services, environmental protection initiatives to ensure sustainable economic development; access to education; access to credit and markets to enhance earning potential; and individual financial knowledge and opportunities for self-advancement.

Program Services

DescriptionGrantsExpenses
Building partnerships and raising funds to support education, in particular, the Wings to Fly competitive secondary school scholarship program. Equity Group Foundation International (EGFI) believes that providing access to education is vital if Africa's young people are to break once entrenched cycles of poverty and change the economic course of their communities, countries, and the continent. Since 2010, Wings to Fly has helped over 16,168 bright young people from desperately poor backgrounds reach high school, with over 90% of scholars graduating on time. Scholars are chosen from every county in Kenya; 86% are orphaned by one or both parents; and well over half are girls.$0$1,317
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mohsin Y MeghjiPresident/VP/Secr./Treas./Chairman-$0--
Caroline ElkinsHead Of Edu. & Entrepreneurship-$0--
Zain VerjeeHead Of Communications & Strategy-$0--
Leslie HansenLegal Officer-$0--
Dr Kaveh AlizadehHead Of Health & Strategy-$0--
Filing and Contact Details

Filer

Filer Name
Equity Group Foundation International
EIN
46-5606457
Phone
2127161491
Address
3 Columbus Circle 15th Floor, New York, NY 10019

Signing Officer

Name
Mohsin Y Meghji
Title
President/VP/Secr./Treas./Chairman
Phone
2127161491
Signed
2019-09-24
Discuss with paid preparer
Yes

Preparer

Firm
Marcum Llp
Address
1899 L Street NW, Washington, DC 20036
Preparer
Frank H Smith
Phone
2022274000
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: Bank fees. Amount: 234.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: Trade and other payables. Beg. of Year Amount: 17. End of Year Amount: 17.”

Raw XML Appendix150 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03 Columbus Circle 15th Floor
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010019
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Mohsin Y Meghji
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Zain Verjee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Leslie Hansen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Dr Kaveh Alizadeh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President/VP/Secr./Treas./Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Head of Edu. & Entrepreneurship
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Head of Communications & Strategy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Legal Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Head of Health & Strategy
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0234
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To transform the socio-economic status of the 100 million African people at the bottom of the social pyramid by 2024 by making grants to charities and development organizations that provide services and programs to improve access to quality, affordable health services, environmental protection initiatives to ensure sustainable economic development; access to education; access to credit and markets to enhance earning potential; and individual financial knowledge and opportunities for self-advancement.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Building partnerships and raising funds to support education, in particular, the Wings to Fly competitive secondary school scholarship program. Equity Group Foundation International (EGFI) believes that providing access to education is vital if Africa's young people are to break once entrenched cycles of poverty and change the economic course of their communities, countries, and the continent. Since 2010, Wings to Fly has helped over 16,168 bright young people from desperately poor backgrounds reach high school, with over 90% of scholars graduating on time. Scholars are chosen from every county in Kenya; 86% are orphaned by one or both parents; and well over half are girls.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01317
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt021000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0152100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0273100
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0152100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0273100
IRS990ScheduleA/TotalSupportAmt0273100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Bank fees. Amount: 234.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Trade and other payables. Beg. of Year Amount: 17. End of Year Amount: 17.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
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ReturnHeader/BusinessOfficerGrp/PhoneNum02127161491
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-24
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ReturnHeader/Filer/BusinessNameControlTxt0EQUI
ReturnHeader/Filer/EIN0465606457
ReturnHeader/Filer/PhoneNum02127161491
ReturnHeader/Filer/USAddress/AddressLine1Txt03 Columbus Circle 15th Floor
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ReturnHeader/Filer/USAddress/ZIPCd010019
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ReturnHeader/FilingSecurityInformation/IPTm012:05:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0111986323
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARCUM LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01899 L Street NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Washington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020036
ReturnHeader/PreparerPersonGrp/PhoneNum02022274000
ReturnHeader/PreparerPersonGrp/PreparationDt02019-09-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Frank H Smith
ReturnHeader/ReturnTs02019-09-24T12:07:43-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$83,420
Liabilities
$17
Net assets
$83,403
Revenue
$0
Expenses
$1,551
Net income
-$1,551
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.73$0.04$0.69
2023Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.03$0.02$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.21$0.00$0.21
2021Detailed filing. Detailed filing data is available for this year.$0.03$0.21$0.18$0.50$1.14$0.64
2020Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$2.58$2.79$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.00$0.16$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.00$0.02$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.00$0.09$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$1.00$0.05$0.95
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.21$1.48$1.27
2014Detailed filing. Detailed filing data is available for this year.$1.45$0.00$1.45$1.52$0.07$1.45