Equity Now
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $14.4 million
- Spending
- $13.8 million
- Spent on programs
- 92%
- Reserves
- -14.4 months of spending
- Largest source of income
- fees for its services, 95%
- Employees
- 80
- Volunteers
- 10
- Highest pay
- $195,827, ceo - equity
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 42 out of 100. Higher than 17% of charities in its peer group (education, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 90% of what it owns.
Living within its means
15 of 15Income exceeded spending by 5% of income.
Income trend
10 of 15Income fell 1% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 31 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 25% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $12.7 million spent. 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.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.