2024-11-08T11:41:50-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2023-01-01 844784245 EMBRACING EQUITY INC EMBR 7156290304 2028 E BEN WHITE BLVD 240-4701 AUSTIN TX 78741 CHRISTINE DAISY HAN PRESIDENT & CHIEF EXECUTIVE OFFICER 7156290304 2024-11-05 1 1 DANIELLE NIHILL P01350943 7819821001 2024-10-29 2023 2024-10-15 13:58:12Z CHRISTINE DAISY HAN 2028 E BEN WHITE BLVD 240-4701 AUSTIN TX 78741 968674 0 X HTTPS://EMBRACINGEQUITY.ORG/ X 2020 MA TO CREATE AN AFFIRMING, INCLUSIVE, AND EQUITABLE EDUCATIONAL ECOSYSTEM. 4 3 7 3 0 0 371827 415489 114557 527419 0 25766 8208 0 494592 968674 0 0 0 0 447483 804643 1940 0 46252 90367 235019 539790 1039662 -45198 -70988 1493759 1379130 164760 121119 1328999 1258011 EMBRACING EQUITY CULTIVATES THE MINDSETS AND PRACTICES NECESSARY TO CREATE AN AFFIRMING, INCLUSIVE, AND EQUITABLE EDUCATIONAL ECOSYSTEM. 0 0 393317 0 37962 PROGRAM SERVICES EMBRACING EQUITY OFFERS SCAFFOLDED PROGRAM SERVICES AT THE INDIVIDUAL, INTERPERSONAL, AND INSTITUTIONAL LEVELS IN ORDER TO EFFECTIVELY IMPACT SYSTEMIC CHANGE. EMBRACING EQUITY HAS SUPPORTED OVER 100 LEADERS REPRESENTING 40+ ORGANIZATIONS THROUGH OUR LEADERSHIP RESIDENCY, A COMPREHENSIVE PROGRAM THAT KICKS OFF WITH AN ORGANIZATION-WIDE EQUITY AUDIT AND ANALYSIS, INCLUDES COACHING AND IMPLEMENTATION SUPPORT, AND CULMINATES IN A VIRTUAL LEADERSHIP RETREAT. TO DATE WE HAVE SUPPORTED OVER 5000+ PARTICIPANTS, AND 100+ ORGANIZATIONS FROM NINETEEN COUNTRIES, 47 US STATES, DC AND PUERTO RICO. 92% OF THESE PARTICIPANTS RECOMMENDS EMBRACING EQUITY. 259943 0 334573 COMMUNITY ENGAGEMENT AND OUTREACH IN ORDER TO EFFECT LASTING CHANGE, EMBRACING EQUITY BELIEVES IN THE POWER OF BUILDING TRUST AND ACCOUNTABILITY IN COMMUNITY AS A CROSS-RACIAL COALITION. EMBRACING EQUITY'S VIRTUAL COMMUNITY IS THRIVING WITH OVER 3054 ACTIVE MEMBERS AND OVER 5000 SUBSCRIBERS. ADDITIONALLY, EMBRACING EQUITY'S ANNUAL DONATION-BASED CONFERENCE ENGAGED OVER 600 PEOPLE THROUGH A MULTI-DAY VIRTUAL EXPERIENCE CENTERED ON SUSTAINING STAMINA FOR RACIAL JUSTICE. 250985 0 154884 INNOVATION AND EVALUATIONAS A CUTTING-EDGE NONPROFIT STARTUP, EMBRACING EQUITY INTENTIONALLY INVESTS TIME AND RESOURCES INTO INNOVATION AND EVALUATION INITIATIVES. FOR EXAMPLE, IN ADDITION TO CONTINUING TO SUPPORT SCHOOLS AND EDUCATION NONPROFITS, WE HAVE TAILORED AND EXPANDED OUR OFFERINGS TO SUPPORT FOUNDATIONS IN CENTERING RACIAL EQUITY IN PHILANTHROPY. ADDITIONALLY, EMBRACING EQUITY PILOTS NEW PROGRAMS, CONDUCTS COMPREHENSIVE PROGRAM EVALUATION EFFORTS, PERFORMS THOUGHT LEADERSHIP, AND FACILITATES TEAM LEARNING AND GROWTH, ALL OF WHICH CULTIVATE A CULTURE OF DATA-INFORMED FEEDBACK, CONTINUOUS IMPROVEMENT, AND RESPONSIVE INNOVATION. 904245 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MA CA MN NY PA WA MO NM TX WI X DIVERGE FINANCE COOPERATIVE 7156290304 2028 E BEN WHITE BLVD 240-4701 AUSTIN TX 78741 CHRISTINE DAISY HAN PRESIDENT & CEO 40.00 X X 209609 0 52136 RASHI JAWADE NON-VOTING VICE PRESIDENT & CSO 40.00 X 163360 0 30663 SHARON KEISER NON-VOTING CLERK & COO UNTIL APRIL 2023 40.00 X 37438 0 3210 MEERA SINHA TREASURER 1.00 X X 0 0 0 MATTHEW KRAMER BOARD MEMBER 1.00 X 0 0 0 LATOYA GAYLE BOARD MEMBER UNTIL SEPT 2023 1.00 X 0 0 0 410407 0 86009 2 0 1 0 0 415489 415489 PARTNER ENGAGEMENTS 900099 334573 334573 REGISTRATION FEES 900099 154884 154884 COACHING & OTHER PROGR 900099 37962 37962 527419 25766 25766 968674 527419 0 25766 496415 440271 15290 40854 186104 184223 1881 11385 10450 288 647 63320 60048 1664 1608 47419 43544 1250 2625 51832 51832 6478 6478 13297 7429 5564 304 11956 10305 1499 152 23710 23710 3419 3419 OUTREACH 50820 50820 EVALUATION & RESEARCH 28750 28750 VIRTUAL ASSISTANCE 16554 16554 FACILITATION FEES 12643 12643 15560 15498 62 1039662 904245 89165 46252 216015 345867 984040 746213 213250 255300 68565 38404 5235 1493759 1379130 36130 35219 128630 85900 164760 121119 X 1073737 858011 255262 400000 1328999 1258011 1493759 1379130 -70988 0 X 0 1 X 1 0 X 1296907 540185 371827 415489 2624408 1296907 540185 371827 415489 2624408 1143502 1480906 993 3055 8208 25766 38022 2662430 1325878 X SHORT YEAR FILING THE 2022 FILING WAS FOR THE SIX MONTH PERIOD OF JULY 1, 2022 TO DECEMBER 31, 2022. THE CLIENT CHANGED THEIR YEAR END FROM JUNE 30 TO DECEMBER 31 DURING FISCAL YEAR 2022. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 968674 0 968674 0 968674 1039662 0 1039662 0 1039662 X X X X 0 0 0 0 0 0 0 0 0 CHRISTINE DAISY HAN PRESIDENT & CEO 209609 0 0 0 0 0 33055 0 19081 0 261745 0 0 0 RASHI JAWADE NON-VOTING VICE PRESIDENT & CSO 163360 0 0 0 0 0 30663 0 0 0 194023 0 0 0 PART I, LINE 3 THE ORGANIZATION'S EXECUTIVE DIRECTORS SALARIES ARE DETERMINED BY USING FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACTS, COMPENSATION STUDIES, AND APPROVAL BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 1A AT THE END OF THE TAX YEAR, THERE WERE 5 PEOPLE ON THE BOARD. HOWEVER, ONLY 4 OF THEM HAD VOTING RIGHTS. THE VICE PRESIDENT IS A NON-VOTING MEMBER. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FULL BOARD OF DIRECTORS WILL REVIEW THE COMPLETE FORM 990 DRAFT AT THE REGULARLY SCHEDULED BOARD MEETING IN OCTOBER. THE FORM 990 WILL ONLY BE FILED ONCE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE CHAIRPERSON OF THE BOARD MONITORS INDEPENDENCE ON AN ANNUAL BASIS. EACH DIRECTOR, OFFICER, AND KEY EMPLOYEE SHALL ANNUALLY SIGN A STATEMENT AFFIRMING THAT SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, (C) HAS AGREED TO COMPLY WITH THE POLICY, AND (D) UNDERSTANDS THAT THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL OR DUALITY INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND BOARD-LEVEL COMMITTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL OR DUALITY INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE ANNUAL PROCESS FOR DETERMINING CEO COMPENSATION IS ESTABLISHED IN THE BOARD-APPROVED EXECUTIVE COMPENSATION POLICY AND IS SUMMARIZED AS FOLLOWS: THE BOARD OF DIRECTORS (BOARD) SHALL ANNUALLY EVALUATE THE CEO ON THEIR PERFORMANCE AND ASK FOR THEIR INPUT ON MATTERS OF PERFORMANCE AND COMPENSATION. DETERMINATION FOR COMPENSATION OF ALL OTHER PAID STAFF AND CONSULTANTS ARE EXECUTED BY THE AUTHORIZED SIGNER AND THE EMPLOYEE. BOARD APPROVAL & CONCURRENT DOCUMENTATION THE BOARD WILL OBTAIN RESEARCH AND INFORMATION TO DETERMINE THE COMPENSATION (SALARY AND BENEFITS) OF THE CEO BASED ON A REVIEW OF COMPARABILITY DATA. THE BOARD WILL ADEQUATELY DOCUMENT THE BASIS FOR ITS DETERMINATION CONCURRENTLY WITH MAKING THE DETERMINATION. SUCH DETERMINATION WILL BE APPROVED BY DISINTERESTED MEMBERS OF THE BOARD OF DIRECTORS USING THE "CEO COMPENSATION BOARD RESOLUTION" TEMPLATE. THE CEO COMPENSATION BOARD RESOLUTION WILL AFFIRM THAT THE BOARD REVIEWED COMPARABILITY DATA ON THE COMPENSATION LEVELS AND BENEFITS FOR SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS, DOCUMENT THE CEO COMPENSATION DETERMINATION, AND MAKE EXPLICIT HOW THE BOARD REACHED THE DETERMINATION. THE ORGANIZATION HAS AN EMPLOYEE PERFORMANCE AND COMPENSATION PROCESS OUTLINED IN ITS EMPLOYEE HANDBOOK THAT IT UTILIZES FOR ALL EMPLOYEES. THE CEO IS RESPONSIBLE FOR REVIEWING AND DETERMINING THE COMPENSATION FOR OTHER OFFICERS/KEY EMPLOYEES, SEEKING OUT COMPARABILITY DATA, COMPLETING A PERFORMANCE REVIEW, AND DELIBERATING ON RELATED COMPENSATION DECISIONS. ALL SUCH DECISIONS ARE MEMORIALIZED BY AN OFFER LETTER (IN THE CASE OF NEW HIRES) OR IN AN EMPLOYEE STATUS CHANGE FORM THAT IS EXECUTED BY THE CEO AND EMPLOYEE. THE LAST TIME THESE DELIBERATIONS OCCURRED WAS DURING FISCAL YEAR 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST