Civic Intelligence

Fund for Social Equity Inc

EIN 92-0303560 • 501(c)3 • Mendham, NJ

Profile

To close the wealth gap between white americans and non-white americans, with a particular emphasis on historically disadvantaged racial and ethnic groups or minority populations. To perform research related to closing the racial wealth gap in america. To create a social brand and certification to educate the public about sectors, companies, organizations, brands and other groups that adhere to objective standards developed to narrow the income gap. To encourage the general public to bring non community revenue into historically disadvantaged communities while developing a virtuous circle of community level industries and local economies. To educate the general public about the racial wealth gap in america, including through publications and presentations addressing this topic.

88 East Main Street 408Mendham, NJ 07945
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE R • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE R • <$500k nonprofits • Source year 2024

Net Margin

32nd percentile

-2.5%

Higher net margin than 32% of similar nonprofits.

NTEE R • <$500k nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE R • <$500k nonprofits • Source year 2024

Asset Growth

13th percentile

-62%

Faster asset growth than 13% of similar nonprofits.

NTEE R • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

35th percentile

-20%

Faster revenue growth than 35% of similar nonprofits.

NTEE R • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$624

Down $1,006 (-62%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$624

Down $1,006 (-62%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin32nd percentile

Revenue

Down

$39,500

Down $10,052 (-20%) from 2023

Expenses

Down

$40,506

Down $7,416 (-15%) from 2023

Net Income

Down

-$1,006

Down $2,636 (-162%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth13th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0K$1.5K$1.0K$500$0Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $1,630Liabilities 2023: $0Net Assets 2023: $1,6302023Assets 2024: $624Liabilities 2024: $0Net Assets 2024: $6242024

Highlighted filing

2024

Assets$624
Liabilities$0
Net Assets$624
Open 2024 Filing

Operations Trend

Revenue Growth35th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2022: $57,871Expenses 2022: $57,871Net Income 2022: $02022Revenue 2023: $49,552Expenses 2023: $47,922Net Income 2023: $1,6302023Revenue 2024: $39,500Expenses 2024: $40,506Net Income 2024: -$1,0062024

Highlighted filing

2024

Revenue$39,500
Expenses$40,506
Net Income-$1,006
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$624
Liabilities
$0
Net assets
$624
Revenue
$39,500
Expenses
$40,506
Net income
-$1,006
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$39.5$40.5$1.01
2023Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$49.6$47.9$1.63
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$57.9$57.9$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 11, 2025
Return Version
2024v5.0
Gross Receipts
$39,500
Mission and Program Overview

Mission

To close the wealth gap between white americans and non-white americans, with a particular emphasis on historically disadvantaged racial and ethnic groups or minority populations. To perform research related to closing the racial wealth gap in america. To create a social brand and certification to educate the public about sectors, companies, organizations, brands and other groups that adhere to objective standards developed to narrow the income gap. To encourage the general public to bring non community revenue into historically disadvantaged communities while developing a virtuous circle of community level industries and local economies. To educate the general public about the racial wealth gap in america, including through publications and presentations addressing this topic.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,630$624▼ $1,006
Total Assets$1,630$624▼ $1,006
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,630$624▼ $1,006
Total Net Assets Fund Balance$1,630$624▼ $1,006
Total Liabilities and Net Assets / Fund Balance$1,630$624▼ $1,006
Compensation and Service Providers
Top Officer Pay73rd percentile

Board Members and Trustees

NameTitle
Jennifer KoideOfficer
Karen KoideOfficer
Mark KoideOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$39,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$39,500
Change in Net Assets
$-1,006
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,506
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$18,847$342-$19,189
Advertising$18,775--$18,775
Fees for Services Accounting-$1,400-$1,400
Conferences and Meetings-$1,142-$1,142
Total Functional Expenses$37,622$2,884$0$40,506
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Fund for Social Equity Inc
EIN
92-0303560
Phone
9088874082
Address
88 EAST MAIN STREET 408, MENDHAM, NJ 07945

Signing Officer

Name
Mark Koide
Title
Officer
Phone
9088874082
Signed
2025-06-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Koide
Formed
2022
Legal Domicile
Nj
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Stephen P Pryor CPA
Address
363 WESTCHESTER AVE, PORT CHESTER, NY 10573
Preparer
Stephen P Pryor CPA
Phone
9149345255
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To close the wealth gap between white americans and non-white americans, with a particular emphasis on historically disadvantaged racial and ethnic groups or minority populations. To perform research related to closing the racial wealth gap in america. To create a social brand and certification to educate the public about sectors, companies, organizations, brands and other groups that adhere to objective standards developed to narrow the income gap. To encourage the general public to bring non community revenue into historically disadvantaged communities while developing a virtuous circle of community level industries and local economies. To educate the general public about the racial wealth gap in america, including through publications and presentations addressing this topic.”

Form 990, Part IX, Line 11G

“Marketing research 677 0 0 consultant 18,170 0 0 bank charges 0 200 0 utilities 0 142 0 total 18,847 342 0”

Raw XML Appendix253 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.

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IRS990/EmployeeCnt00
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IRS990/ForeignActivitiesInd0false
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt1OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt2OFFICER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02022
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt039500
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0TO CLOSE THE WEALTH GAP BETWEEN WHITE AMERICANS AND NON-WHITE AMERICANS, WITH A PARTICULAR EMPHASIS ON HISTORICALLY DISADVANTAGED RACIAL AND ETHNIC GROUPS OR MINORITY POPULATIONS. TO PERFORM RESEARCH RELATED TO CLOSING THE RACIAL WEALTH GAP IN AMERICA. TO CREATE A SOCIAL BRAND AND CERTIFICATION TO EDUCATE THE PUBLIC ABOUT SECTORS, COMPANIES, ORGANIZATIONS, BRANDS AND OTHER GROUPS THAT ADHERE TO OBJECTIVE STANDARDS DEVELOPED TO NARROW THE INCOME GAP. TO ENCOURAGE THE GENERAL PUBLIC TO BRING NON COMMUNITY REVENUE INTO HISTORICALLY DISADVANTAGED COMMUNITIES WHILE DEVELOPING A VIRTUOUS CIRCLE OF COMMUNITY LEVEL INDUSTRIES AND LOCAL ECONOMIES. TO EDUCATE THE GENERAL PUBLIC ABOUT THE RACIAL WEALTH GAP IN AMERICA, INCLUDING THROUGH PUBLICATIONS AND PRESENTATIONS ADDRESSING THIS TOPIC.
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IRS990/NetAssetsOrFundBalancesBOYAmt01630
IRS990/NetAssetsOrFundBalancesEOYAmt0624
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01630
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0624
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/OperateHospitalInd0false
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IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO CLOSE THE WEALTH GAP BETWEEN WHITE AMERICANS AND NON-WHITE AMERICANS, WITH A PARTICULAR EMPHASIS ON HISTORICALLY DISADVANTAGED RACIAL AND ETHNIC GROUPS OR MINORITY POPULATIONS. TO PERFORM RESEARCH RELATED TO CLOSING THE RACIAL WEALTH GAP IN AMERICA. TO CREATE A SOCIAL BRAND AND CERTIFICATION TO EDUCATE THE PUBLIC ABOUT SECTORS, COMPANIES, ORGANIZATIONS, BRANDS AND OTHER GROUPS THAT ADHERE TO OBJECTIVE STANDARDS DEVELOPED TO NARROW THE INCOME GAP. TO ENCOURAGE THE GENERAL PUBLIC TO BRING NON COMMUNITY REVENUE INTO HISTORICALLY DISADVANTAGED COMMUNITIES WHILE DEVELOPING A VIRTUOUS CIRCLE OF COMMUNITY LEVEL INDUSTRIES AND LOCAL ECONOMIES. TO EDUCATE THE GENERAL PUBLIC ABOUT THE RACIAL WEALTH GAP IN AMERICA, INCLUDING THROUGH PUBLICATIONS AND PRESENTATIONS ADDRESSING THIS TOPIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MARKETING RESEARCH 677 0 0 CONSULTANT 18,170 0 0 BANK CHARGES 0 200 0 UTILITIES 0 142 0 TOTAL 18,847 342 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
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ReturnHeader/BusinessOfficerGrp/PhoneNum09088874082
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-11
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ReturnHeader/Filer/BusinessNameControlTxt0FUND
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ReturnHeader/Filer/PhoneNum09088874082
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORT CHESTER
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-12
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-06-12T06:30:49-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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