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Requity Foundation Inc

EIN 84-5001046 · Baltimore, MD

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceFair64 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It reported loans to or from officers, directors or other insiders.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

TO BREAK DOWN BARRIERS BETWEEN VOCATIONAL EDUCATION AND THE WORKFORCE BY PREPARING STUDENTS TO PURSUE THEIR DREAMS AND BUILD THE FUTURE THEY IMAGINE.

Income
$1.1 million
Spending
$699,249
Spent on programs
73%
Reserves
11.2 months of spending
Largest source of income
government grants, 56%
Employees
57
Volunteers
40
Highest pay
$22,692, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 93 out of 100. Higher than 81% of charities in its peer group (community improvement, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 11.2 months of spending.

  • Debt

    20 of 20

    It owes 12% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 37% of income.

  • Income trend

    15 of 15

    Income rose 385% on the year before.

  • Spending floor

    15 of 15

    73% of spending went to programs and raising each dollar of donations cost 6 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 64 out of 100. Higher than 14% of charities in its peer group (community improvement, $1m to $10m).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    9 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    0 of 10

    Reports at least one of: diversion of assets, excess benefits, loans to insiders.

Source: Form 990 for the year ending December 31, 2024, 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 (4)
  1. $161,684 spent. BUSINESS - BUSINESS STUDENTS RUN REQUITY'S FULLY OPERATIONAL SOCIAL ENTERPRISE, THE PRINT & PRESS SHOP, WHERE STUDENTS MANAGE REAL CLIENT ORDERS FOR BRANDED APPAREL AND SIGNAGE, HANDLING EVERYTHING FROM COST ANALYSIS AND ORDER TRACKING TO FULFILLMENT AND VENDOR COORDINATION. STUDENTS LEARN BUDGETING, PRICING, INVOICING, INVENTORY TRACKING, AND CUSTOMER ENGAGEMENT, GIVING THEM EXPERIENCE IN ENTREPRENEURSHIP, FINANCE, AND LEADERSHIP - DEVELOPING THE MINDSET AND SKILLS TO BECOME CONFIDENT CHANGEMAKERS AND FUTURE BUSINESS LEADERS.
  2. $131,284 spent. CONSTRUCTION - OUR CONSTRUCTION PROGRAM AUGMENTS EXISTING VOCATIONAL EDUCATION WITH AN INTERDISCIPLINARY, ENERGY-EFFICIENT BUILDING CONSTRUCTION CURRICULUM, DESIGNED TO BRIDGE THE GAP BETWEEN CLASSROOM THEORY AND REAL-WORLD PRACTICAL EXPERIENCES THROUGH THE RESEARCH, DESIGN, RENOVATION, AND ULTIMATELY OWNERSHIP TRANSFER. OUR SIGNATURE CONSTRUCTION PILOT PROJECT, CARVER HOUSE, IS RENOVATING A VACANT ROWHOUSE ACROSS FROM CARVER VOCATIONAL TECHNICAL HIGH SCHOOL INTO AN AFFORDABLE NET-ZERO HOME THAT WILL BE SOLD TO A STUDENT'S MOTHER.
  3. $80,442 spent. COMMUNITY - THE REQUITY FOUNDATION IS DEDICATED TO EMPOWERING STUDENTS AT CARVER VOCATIONAL-TECHNICAL HIGH SCHOOL AND RESIDENTS OF THE SURROUNDING ROSEMONT COMMUNITY BY PROVIDING MEANINGFUL OPPORTUNITIES. REQUITY'S GOAL IS TO FORGE SUSTAINABLE PARTNERSHIPS, FOSTER A RENEWED SENSE OF COMMUNITY, STRENGTHEN INFRASTRUCTURE, AND BOLSTER CONNECTIONS TO THE LOCAL ECONOMY, ALL WITH THE AIM OF ENSURING LONG-TERM NEIGHBORHOOD STABILITY. THE LARGEST COMMUNITIY INITIATIVE IF PLEASANT PRESSTMAN, WHICH AIMS TO EMPOWER RESIDENTS BY GRANTING THEM OWNERSHIP OF THEIR NEIGHBORHOOD AND AMPLIFYING THEIR VOICE IN ITS DEVELOPMENT. REQUITY PRIORITIZES CONTRIBUTING TO NEIGHBORHOOD BEAUTIFICATION AND SAFETY. THROUGH FUNDING AND COMMUNITY PARTNERSHIPS, THEY CONTINUE TO SUPPORT VARIOUS INITIATIVES BY PROVIDING RESOURCES, COORDINATING VOLUNTEER OPPORTUNITIES, AND ORGANIZING COMMUNITY MEETINGS TO ENSURE RESIDENTS' VOICES ARE HEARD AND THEY STAY INFORMED.
  4. $137,690 spent. CULINARY - THE REQUITY FOUNDATION EQUIPS ASPIRING CHEFS AND FOOD ENTREPRENEURS WITH HANDS-ON TRAINING IN CULINARY PREPARATION, EVENT BUDGETING, CATERING, AND OTHER EXPERIENCES THAT BUILD BOTH TECHNICAL EXPERTISE AND BUSINESS ACUMEN, PREPARING YOUNG PEOPLE TO THRIVE IN THE CULINARY INDUSTRY. WE PROVIDE ASPIRING CHEFS AND FOOD ENTREPRENEURS WITH REAL-WORLD TRAINING IN MENU DEVELOPMENT, SAFE FOOD HANDLING, EVENT BUDGETING, AND CUSTOMER SERVICE. STUDENTS THEN APPLY THESE SKILLS THROUGH 'WE ALL EAT WEDNESDAYS AND OUR CATERING SOCAL ENTERPRISE, WHERE THEY DELIVER MEALS, EXECUTE PAID EVENTS, AND STRENGTHEN FOOD ACCESS - BUILDING THEIR SKILLS AND GENERATING COMMUNITY IMPACT ALONG THE WAY.MEDIA - STUDENTS GAIN HANDS-ON EXPERIENCE IN A WIDE RANGE OF CREATIVE SERVICES, INCLUDING VIDEO PRODUCTION, SOCIAL MEDIA CONTENT DEVELOPMENT, AUDIO STORYTELLING, GRAPHIC DESIGN, PODCAST PRODUCTION, AND EVENT COVERAGE. THROUGH REAL-WORLD PROJECTS, THEY AMPLIFY COMMUNITY VOICES WHILE REFINING THEIR SKILLS IN NARRATIVE STRUCTURE, CONTENT EDITING, AND STORYTELLING TECHNIQUES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2020.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. 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.