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Nonprofit · EIN 82-2008232

EQUITY NOW

Tax-exempt · LANHAM, MD 20706

Financials

$14.6M$13M2023$14.4M$13.8M2024
Revenue Expenses · by fiscal year end
Financials of EQUITY NOW by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$14,438,382$13,755,725$682,657$30,581,127$27,438,923$3,142,204
June 30, 2024990$14,564,991$12,985,586$1,579,405$30,225,264$27,765,716$2,459,548
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$376,558
of which government grants
$336,739
Program service revenue
$13,658,833
Investment income
$370,327
Net income from fundraising events
-$21,633
Other revenue
$32,664

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$617,527
Other salaries and wages
$6,640,230
Salaries, compensation and benefits (total)
$7,765,465
Professional fundraising fees
$117,737
Legal fees
$36,729
Accounting fees
$275,594
Travel
$129,040
Depreciation
$1,013,212
Program services (functional)
$12,714,114
Management and general (functional)
$923,874
Fundraising (functional)
$117,737

Balance sheet and other

Total assets, start of year
$30,225,264
Total assets, end of year
$30,581,127
Total liabilities, end of year
$27,438,923
Net assets, end of year
$3,142,204
Land, buildings and equipment
$19,556,535
Net assets without donor restrictions
$3,069,444
Net assets with donor restrictions
$72,760
Gross receipts
$14,483,739
Employees
80
Volunteers
10
Year formed
2017
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
SHOMARI A JAMESCEO - EQUITY
Trustee or director, Officer
40$195,827
ATASHA JAMESCEO-LCS
Trustee or director, Officer
40$193,839
ANTOINE WILLIAMSDIRECTOR - O
Trustee or director, Officer
40$156,163
JUSTIN DEVOSEDIR. FINANCI
Highest-paid employee
40$111,217
AMINAH WILLIAMSLCS BOARD SE
Trustee or director, Officer
40$71,699
CHARLETTE BUTLERLCS BOARD CH
Trustee or director, Officer
40$0
MAKIES DEVOSELCS BOARD ME
Trustee or director, Officer
40$0
TALBERT HILLEN BOARD ADV
Trustee or director, Officer
40$0
ADIA JORDANLCS BOARD ME
Trustee or director, Officer
40$0
DAVID MURELLEN BOARD MEM
Trustee or director, Officer
40$0
AUDRA PETTISEN BOARD SEC
Trustee or director, Officer
40$0
RASHEID SCARLETTELCS BOARD ME
Trustee or director, Officer
40$0
LATOYA STATENEN BOARD MEM
Trustee or director, Officer
40$0
AIREN WASHINGTONBOARD MEMBER
Trustee or director, Officer
40$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
ATASHA JAMESCEO - LCS
Trustee or director, Officer
40$189,636$829
SHOMARI A JAMESCEO - EQUITY
Trustee or director, Officer
40$189,370$455
ANTOINE WILLIAMSDIR OF FIN/O
Trustee or director, Officer
40$142,814$7,396
GARRETT MUSHAWEX. DIR OF F
Trustee or director
40$135,020$5,806
JUSTIN DEVOSEDIR. FINANCI
Trustee or director
40$102,010$5,842
CHARLETTE BUTLERLCS BOARD CH
Trustee or director, Officer
40$0$0
MAKIES DEVOSELCS BOARD ME
Trustee or director, Officer
40$0$0
ADIA JORDANLCS BOARD SE
Trustee or director, Officer
40$0$0
ADIA JORDANLCS BOARD ME
Trustee or director, Officer
40$0$0
RASHEID SCARLETTELCS BOARD ME
Trustee or director, Officer
40$0$0
AIREN WASHINGTONLCS BOARD ME
Trustee or director, Officer
40$0$0

Address and contacts

Address (IRS master file)
9700 PHILADELPHIA CT, LANHAM, MD 20706-4405
In care of
% EQUITY NOW
Principal officer (990 for 2024)
SHOMARI A JAMES, 9700 PHILADELPHIA CT, LANHAM, MD 20706
Signed the 990
SHOMARI A JAMES, CEO - EQUITY NOW
Phone
(716) 791-9139
Return prepared by
JBS & COMPANY LLC

Mission

EQUITY NOW'S MISSION IS TO DISCOVER, PLAN AND IMPLEMENT INNOVATIVE SOLUTIONS FOR PATHWAYS OF BUILDING EQUITY. FOCUSING ON FINANCIAL EDUCATION, IMPROVING K-12 EDUCATION, SOCIAL-EMOTIONAL LEARNING & ACADEMIC DEVELOPMENT, AND AGRICULTURE & SUSTAINABILITY EDUCATION. LEGENDS CHARTER SCHOOL WAS FOUNDED TO CREATE A PARTNERSHIP WITH STUDENTS, PARENTS AND THE PRINCE GEORGES COUNTY COMMUNITY. LEGENDS CHARTER SCHOOL PROVIDES AN ADVANCED LIBERAL ARTS COLLEGE PREPARATORY EDUCATION, INCORPORATING FINANCIAL EDUCATION THAT IS SUPPLEMENTED WITH BLENDED LEARNING TO PERSONALIZE SCHOLARS LEARNING EXPERIENCE AND ESTABLISH ROBUST FINANCIAL PORTFOLIOS.

990 for the year ended June 30, 2025

Program accomplishments

  • EQUITY NOW IS COMMITTED TO PRINCE GEORGES COUNTY, THE RESIDENTS, AND THE STUDENTS, AND DESIRES TO STRENGTHEN THE RELATIONSHIP WITH THE COMMUNITY BY OFFERING AN ACADEMIC CHOICE THAT IS RIGOROUS AND INTEGRAL TO THE GROWTH OF OUR EDUCATIONAL LANDSCAPE. EQUITY NOW AIMS TO PROVIDE EDUCATION TO DISRUPT THE CURRENT PATTERNS OF DISCRIMINATION, MARGINALIZATION, AND UNDERREPRESENTATION AS CIVIC LEADERS.
    Expenses $12,714,114 · revenue $13,658,833

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
82-2008232
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$30,581,127
Income (IRS master file)
$14,483,739

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$13,138,001$10,935,301$27,204,741IRS
990June 2022$9,713,112$10,109,112$24,895,154IRS
990June 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about EQUITY NOW

What is the EIN of EQUITY NOW?
The employer identification number (EIN) of EQUITY NOW is 82-2008232.
Is EQUITY NOW tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to EQUITY NOW tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EQUITY NOW file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of EQUITY NOW due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EQUITY NOW last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of EQUITY NOW?
The 990 for the year ended June 30, 2025 names SHOMARI A JAMES.
Who are the officers and directors of EQUITY NOW?
The 990 for the year ended June 30, 2025 lists 14 people; 5 received compensation from the organization, the highest $195,827 (SHOMARI A JAMES, CEO - EQUITY).
How much revenue does EQUITY NOW have?
On its 990 for the year ended June 30, 2025 it reported revenue of $14,438,382, expenses of $13,755,725 and total assets of $30,581,127 at year end.

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