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Filing year 2024

INNOVATION FOR EQUITY INC

Washington, District of Columbia·EIN 84-2709943·NTEE B90 · Education·501(c)(3)
Total revenue
$550k
Total assets
$362k
Total expenses
$843k
Reported officers
10
Mission

INNOVATION FOR EQUITY CONNECTS AND CULTIVATES BLACK LEADERS ACROSS EDUCATION ECOSYSTEMS TO BUILD COLLECTIVE POWER AND ADVANCE INNOVATIVE SOLUTIONS, SHAPING A FUTURE WHERE BLACK LEARNERS OF ALL AGES THRIVE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in District of Columbia.

Executive Director
Median to 75th percentile
$216k
$230k
Base
$200k
Bonus
Other
Benefits
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at INNOVATION FOR EQUITY INC equaled 26% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
26%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2023

From $216k in 2023 to $216k in 2024.

$216k
2023
$216k
2024
In today's dollarsEst.
Down 3% in real terms$237k to $230k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue fell 19%.

$216k in 2023 to $216k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about INNOVATION FOR EQUITY INC

What does the Chief Executive Officer of INNOVATION FOR EQUITY INC earn?

In 2024, the Chief Executive Officer of INNOVATION FOR EQUITY INC received $216,400 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in District of Columbia, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INNOVATION FOR EQUITY INC compare with similar nonprofits?

Compared with the same role at Education organizations in District of Columbia, the 2024 pay of the Chief Executive Officer at INNOVATION FOR EQUITY INC falls between the median and the 75th percentile. In 2024, the highest total compensation at INNOVATION FOR EQUITY INC equaled 26% of the organization's total expenses. The median for education organizations is 7%.

What are INNOVATION FOR EQUITY INC's revenue and expenses?

In 2024, INNOVATION FOR EQUITY INC reported $550k in total revenue and $843k in total expenses on its IRS Form 990.

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