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Nonprofit · EIN 86-1665740

EQUITY INITIATIVE INC

Also known as EQUITY INITIATIVE

Tax-exempt · WICHITA, KS 67214

Financials

$44K$52K2023$15K$22K2025
Revenue Expenses · by fiscal year end
Financials of EQUITY INITIATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$14,613$21,909-$7,296$3,908$0$3,908
December 31, 2023990-EZ$43,868$52,037-$8,169$3,035$0$3,035
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$14,613

Expenses

Compensation of officers, directors and key employees
$0
Occupancy
$12,042
Printing, publications and postage
$2,948
Other expenses
$6,919
Program services (functional)
$21,909

Balance sheet and other

Total assets, start of year
$11,204
Total assets, end of year
$3,908
Total liabilities, end of year
$0
Net assets, end of year
$3,908
Cash, savings and investments
$3,908
Gross receipts
$14,613

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SHAQIYLA BANKSPRESIDENT25$0
CHARNEA BELLTREASURER0$0
CARMEN MOORESECRETARY0$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
SHAQIYLA BANKSPRESIDENT25$0
CHARNEA BELLTREASURER0$0
CARMEN MOORESECRETARY0$0

Address and contacts

Address (IRS master file)
1751 N ASH AVE, WICHITA, KS 67214-1915
In care of
% SHAQIYLA BANKS
Mailing address (990-N for 2024)
1608 E WATERMAN ST, WICHITA KS 672111828
Principal officer (990-N for 2024)
ShaQiyla Banks, 1608 E Waterman St, Wichita KS 67211
Signed the 990-EZ
SHAQIYLA BANKS, PRESIDENT
Phone
(316) 444-0242
Return prepared by
Accend Accounting

Mission

YOUTH LIFE SKILLS RESOURCES AND GUIDANCE

990-EZ for the year ended December 31, 2025

Program accomplishments

  • LIFE SKILLS: HELP YOUNG PEOPLE IN KANSAS CONTINUE TO LEARN AND APPLY NEW SKILLS WHILE DEVELOPING INTO FUTURE LEADERS
    Expenses $12,721 · grants $8,485
  • TUTORING: HELP YOUNG PEOPLE IN KANSAS IMPROVE THEIR ACADEMIC SKILLS, BUILD CONFIDENCE, STAY IN SCHOOL, AND GRADUATE WITH OPPORTUNITIES FOR HIGHER EDUCATION OR ENTERING THE WORKFORC
    Expenses $6,361 · grants $4,243
  • MEDIA ARTS: HELP YOUNG PEOPLE IN KANSAS DEVELOP SOCIAL, DECISION-MAKING, RISK TAKING AND INNOVATION SKILLS
    Expenses $2,827 · grants $1,885

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
86-1665740
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$3,908
Income (IRS master file)
$14,613

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$14,613$21,909$3,908XML
990-N for 2024
Officer: ShaQiyla Banks
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$43,868$52,037$3,035XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 86-1665740).

Questions about EQUITY INITIATIVE INC

What is the EIN of EQUITY INITIATIVE INC?
The employer identification number (EIN) of EQUITY INITIATIVE INC is 86-1665740.
Is EQUITY INITIATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to EQUITY INITIATIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EQUITY INITIATIVE INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of EQUITY INITIATIVE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EQUITY INITIATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of EQUITY INITIATIVE INC?
The 990-N for 2024 names ShaQiyla Banks.
Who are the officers and directors of EQUITY INITIATIVE INC?
The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does EQUITY INITIATIVE INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $14,613, expenses of $21,909 and total assets of $3,908 at year end.

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