Equity Research Group Inc

Equity Research Group Inc is a nonprofit organization dedicated to promoting equitable educational practices for children, teenagers, and adults. It is registered as a 501(c)(3) entity, making donations to the organization tax deductible.

Mission

The mission of Equity Research Group Inc focuses on engaging various stakeholders to foster equitable educational practices. This effort aims to enhance educational outcomes across diverse demographics. To achieve its objectives, the organization devises strategies such as hosting STEM-focused events and enhancing its online presence through social media platforms to attract donors and raise awareness.

Impact

Equity Research Group Inc makes significant contributions to fostering educational equity by implementing practices that yield positive outcomes. It uses innovative fundraising strategies centered around STEM-related events to engage stakeholders and support educational initiatives. Additionally, it has developed targeted content, such as rocketry challenges, to engage students and facilitate their participation in recruitment efforts.

Financial Overview

As per the most recent available financial data, for the fiscal year ending in 2021, the organization reported gross receipts of $114,250, with contributions being the sole source of revenue. Its total assets were valued at $6,877, while total liabilities stood at $8,057, resulting in net assets of -$1,180. Key employees include Joy Mordica as the Chief Executive Officer and Frank Mordica as the Chief Strategy Officer.

Leadership and Governance

Joy Mordica serves as the Chief Executive Officer, overseeing the operational aspects of the organization. Other key members include Frank Mordica as the Chief Strategy Officer and Fazal Imitaz as the Chief Technology Officer. The organization's governance structure includes Joy Johnson as Secretary and Oconnor Pace as a Trustee.

Classification

Equity Research Group Inc falls under the NTEE category V00, which pertains to social research organizations. Its classification as a 501(c)(3) nonprofit allows it to engage in educational, charitable, and scientific activities.