2023-09-13T14:58:39-05:00 2022-12-31 954557617 Harrington Group CPAs LLP 2698 Mataro Street Pasadena CA 91107 990 2022-01-01 475272587 Equity Works Inc EQUI 5109264001 360 14th Street 2nd Floor Oakland CA 94612 Debra Gore-Mann President 5109264001 2023-09-13 1 Debra Gore-Mann 999009999 1 Sean E Cain CPA P01612986 6264036801 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z Debra Gore-Mann 360 14th Street 2nd Floor Oakland CA 94612 653403 0 X N/A X 2015 CA The organization was organized to benefit and support The Greenlining Institute, a California Non-Profit public benefit corporation. 4 3 0 5 0 0 0 0 644952 653403 0 0 0 0 644952 653403 0 300000 0 0 0 0 0 0 0 841480 493062 841480 793062 -196528 -139659 9123122 9488310 9443261 48108 -320139 9440202 X The organization was organized to benefit and support the Greenlining Institute, a California Non-Profit public benefit corporation, and charitable purposes including: (I) To protect and advance the civil, economic, constitutional, and political rights of the communities of color, the inner city communities, and the low-income communities of California; (II) To end discrimination in all forms against the communities of color, the inner city communities, and the low-income communities of California; and (III) To promote the health, education, welfare, and economies of the communities of color, the inner city communities, and the low-income communities of California. 0 0 716894 300000 653403 The organization leases commercial spaces to the Greenlining Institute and various not-for-profit tenants, consistent with the charitable purpose of the Greenlining Institute. 716894 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 CA X The Greenlining Institute 5109264001 360 14th St 2nd Floor Oakland CA 94612 Debra Gore-Mann President 1.00 37.50 X X 0 323475 17286 Allen Fernandez Smith Treasurer (End 12/22) 1.00 X X 0 0 0 Rosa Maria Martinez Director 1.00 X 0 0 0 Luis Granados Director 1.00 X 0 0 0 Katerina Villanueva Director 1.00 X 0 0 0 0 323475 17286 0 0 1 0 0 Rental Income 531120 653403 653403 653403 653403 653403 0 0 300000 300000 11610 11610 64558 64558 115296 115296 32197 32197 228905 228905 40496 40496 793062 716894 76168 0 X 913419 885597 11846 7233 19853 0 9795136 1367108 8005994 8428028 172010 167452 9123122 9488310 37562 19568 9377159 0 28540 28540 9443261 48108 X -320139 9440202 -320139 9440202 9123122 9488310 X -139659 9900000 X 0 1 X 1 0 X X 1 The Greenlining Institute 943173571 7 0 300000 0 1 300000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 757815 757815 8933744 1263531 7670213 103577 103577 0 8428028 Due to related organization 28540 28540 X 653403 0 653403 0 653403 793062 0 793062 0 793062 Part X, Line 2: Equity Works, Inc. is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d and is considered by the IRS to be an organization other than a private foundation. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by Equity Works, Inc. in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. Equity Works, Inc.'s returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed. 0 The Greenlining Institute 360 14th Street 2nd Floor Oakland CA 94612 943173571 501(c)3 300000 0 To further The Greenlining Institute's support of the low income and communities of color. 1 0 0 0 0 0 0 0 0 0 Debra Gore-Mann President 0 323475 0 0 0 0 0 10452 0 6834 0 340761 0 0 Part I, Line 3 The related party, The Greenlining Institute, Inc. places the following requirements for its officers and key employees. A review of non profit Executive Director's salaries in similar fields is conducted on an annual basis and used to determine executive management salaries. All other organization officers and/or key employees compensation is determined by the same process as the Executive Director. Form 990, Part VI, Section B, line 11b The board reviewes the Form 990 at a full board meeting and votes to accept and file. Form 990, Part VI, Section B, line 12c Board members sign a conflict of interest policy on an annual basis. Form 990, Part VI, Section C, line 18 The organization's documents are available to the public. These documents are filed with the organization's records, similar to meeting minutes and resolutions. Form 990, Part VI, Section C, line 19 The organization's documents are available to the public. These documents are filed with the organization's records, similar to meeting minutes and resolutions. Form 990, Part X, Balance Sheet After re-evaluating the presented financials for the 2021 fiscal period, adjustments were needed to properly align to the organizations books. As such, changes in Part X, column (A) reflect the US GAAP and FASB guidance for assets and liabilities for not for-profit entities. You will notice small adjustments to Line 23, noting the proper presentation of the note payables and Line 10 allocation of accumulated depreciation. Form 990, Part XI, line 9: Debt forgiveness 9,900,000. The Greenlining Institute 360 14th St 6th Floor Oakland CA 94612 943173571 Build a nation where communities of color thrive & race is never a barrier. CA 501(c)3 Line 7 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0