National Equity Project
Only null% goes to programs Strong reserves Declining revenue
National Equity Project is a 501(c)(3) organization based in Oakland, California, registered in 1995, with $6,462,371 in FY2024 revenue. CharityIndex grades it D.
1720 Broadway Ste 400, Oakland, CA, 94612 EIN 94-3222960 Since 1995
Revenue (FY2024)
$6.5M
▼ 15.9% vs prior year
Education median: $200K
Expenses (FY2024)
$9.4M
Net assets
$10.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for National Equity Project— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating13 mo reserves · -46% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For National Equity Project: 13 mo reserves · -46% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for National Equity Project— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For National Equity Project: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1720 Broadway Ste 400, Oakland, CA, 94612
- City
- Oakland
- State
- California
- Category
- Education
- Subcategory
- Adult & Continuing Education
- Website
- …
Financial trends
Revenue grew from $3.8M (FY2014) to $6.5M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $858KNet assets $10.2M
Operating margin
-45.7%
Spent more than it raised in the latest fiscal year.
Total assets
$11.0M
Total liabilities
$858K
Net assets
$10.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,462,371▼15.9% | $9,418,034▼3.8% | $10,171,876▼22.5% | $11,029,925▼24.6% | 990 |
| 2023 | $7,683,063▼12.5% | $9,786,268▲13.2% | $13,119,074▼13.8% | $14,629,333▼10.4% | 990 |
| 2022 | $8,784,594▼33.5% | $8,647,314▲10.3% | $15,212,155▲0.9% | $16,331,302▲0.8% | 990 |
| 2021 | $13,208,887▼8.8% | $7,839,788▼17.3% | $15,081,488▲55.3% | $16,206,654▲49.2% | 990 |
| 2020 | $14,490,752▲64.9% | $9,479,470▲20.7% | $9,712,389▲107% | $10,860,654▲70.4% | 990 |
| 2019 | $8,788,479▲19.0% | $7,854,956▲26.9% | $4,701,107▲24.8% | $6,374,798▲38.5% | 990 |
| 2018 | $7,384,565▲37.7% | $6,190,597▲25.1% | $3,767,584▲46.4% | $4,603,491▲46.8% | 990 |
| 2017 | $5,363,103▲29.5% | $4,949,334▲14.9% | $2,573,616▲19.2% | $3,136,621▲13.0% | 990 |
| 2016 | $4,140,407▲35.6% | $4,306,618▲29.9% | $2,159,847▼7.1% | $2,776,956▼0.1% | 990 |
| 2015 | $3,053,144▼20.5% | $3,316,017▲33.9% | $2,326,058▼10.2% | $2,780,496▼6.5% | 990 |
| 2014 | $3,839,033 | $2,476,112 | $2,588,931 | $2,973,332 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $12.9M total
43 grants to National Equity Project totaling $12.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Hopewell Fund | Health | 2024 | $175,000 |
| Cambiar Education | Future of learning grant | 2024 | $35,650 |
| Amalgamated Charitable Foundation Inc | General operating support | 2024 | $10,000 |
| The Seattle Foundation | To support the equitable learning & development project fund. | 2023 | $260,000 |
| Nellie Mae Education Foundation Inc | Supporting organizations led by people of color | 2023 | $250,000 |
| Hopewell Fund | Health | 2023 | $137,500 |
| Donor Advised Charitable Giving | Education | 2023 | $50,500 |
| Nellie Mae Education Foundation Inc | Supporting organizations led by people of color | 2023 | $12,000 |
| Silicon Valley Community Foundation | Education | 2022 | $1,000,000 |
| Nellie Mae Education Foundation Inc | Supports leaders to transform their systems | 2022 | $250,000 |
| New Schools Fund | Edge | 2022 | $250,000 |
| Hopewell Fund | Health | 2022 | $75,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $30,000 |
| Donor Advised Charitable Giving | Education | 2022 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $6,000 |
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Frequently asked questions
- Is National Equity Project a legitimate nonprofit?
- Yes. National Equity Project is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-3222960, based in Oakland, California. Donations are tax-deductible.
- What is National Equity Project's EIN?
- National Equity Project's Employer Identification Number (EIN) is 94-3222960.
- How much revenue does National Equity Project report?
- National Equity Project reported $6,462,371 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does National Equity Project have?
- CharityIndex grades National Equity Project D, based on financial health (reserves and operating margin).
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Data for National Equity Project (EIN 94-3222960) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.