Public Charity

FUND FOR SOCIAL EQUITY INC

FUND FOR SOCIAL EQUITY INC, of MENDHAM, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $40K in revenue, $41K in expenses, $624 in total assets.

EIN: 920303560 MENDHAM, NJ Intergroup & Race Relations NTEE: R30 Latest filing: 2024
Total Revenue$40K
Total Expenses$41K
Total Assets$624
Grant Records0
Filing Years2022–2024

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.

Where $100 goes at Fund for Social Equity Inc

How Fund for Social Equity Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$94
To perform research related to closing the racial wealth gap in america
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

OFFICER Jennifer Koide
OFFICER Karen Koide
OFFICER Mark Koide

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $40K $41K $624
2023 $50K $48K $2K
2022 $58K $58K —

Between 2022 and 2024, reported annual revenue declined from $58K to $40K (-32%), with total assets most recently reported at $624.

Interactive year-over-year charts and full filing details available with membership.

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