FURP.ORG / PUBLIC DATA EXPLORER

EQUAL CHANCE FOR EDUCATION: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
EQUAL CHANCE FOR EDUCATION (EIN 46-4528066)
Tax period
2019-07-01 to 2020-06-30
Filed
2020-12-15
IRS object ID
202043509349300414
Schema version
2019v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-12-15T10:35:48-06:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN450491842PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BLANKENSHIP CPA GROUP PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1215 WARD CIRCLEAddressLine1Txt
CityBRENTWOODCityNm
State AbbreviationTNStateAbbreviationCd
ZIP370272304ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464528066EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EQUAL CHANCE FOR EDUCATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEQUABusinessNameControlTxt
Phone6152188585PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13715 WEST END AVEAddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37205ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMOLLY HAYNESPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone6152188585PhoneNum
Signature2020-12-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAN KOLB CPAPreparerPersonNm
PTINP00542646PTIN
Phone6153733771PhoneNum
Preparation2020-12-09PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL J SPALDING MDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13715 WEST END AVEAddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37205ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,315,306GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.EQUALCHANCEFOREDUCATION.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateTNLegalDomicileStateCd
Activity Or MissionPROVIDE TUITION ASSISTANCE TO QUALIFIED COLLEGE STUDENTS IN THE FORM OF DIRECT PAYMENT SCHOLARSHIPS TO EDUCATIONAL INSTITUTIONSActivityOrMissionDesc
Voting Members Governing Body22VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers246TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$455,761PYContributionsGrantsAmt
CY Contributions Grants$1,312,779CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$2,410PYInvestmentIncomeAmt
CY Investment Income$2,527CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$458,171PYTotalRevenueAmt
CY Total Revenue$1,315,306CYTotalRevenueAmt
PY Grants And Similar Paid$501,866PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,121,369CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$36,360PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$87,035CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$39,061CYTotalFundraisingExpenseAmt
PY Other Expenses$10,475PYOtherExpensesAmt
CY Other Expenses$42,187CYOtherExpensesAmt
PY Total Expenses$548,701PYTotalExpensesAmt
CY Total Expenses$1,250,591CYTotalExpensesAmt
PY Revenues Less Expenses-$90,530PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$64,715CYRevenuesLessExpensesAmt
Total Assets BOY$353,405TotalAssetsBOYAmt
Total Assets EOY$418,120TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$353,405NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$418,120NetAssetsOrFundBalancesEOYAmt
MissionPROVIDE TUITION ASSISTANCE TO QUALIFIED COLLEGE STUDENTS IN THE FORM OF DIRECT PAYMENT SCHOLARSHIPS TO EDUCATIONAL INSTITUTIONSMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,182,720ExpenseAmt
Grant$1,121,369GrantAmt
DescPROVIDING DIRECT TUITION ASSISTANCE TO 235 STUDENTSDesc
Total Program Service Expenses$1,182,720TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee1EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members22GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonWILLIAM B CRENSHAWPersonNm
Phone6152188585PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13715 WEST END AVENUEAddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37205ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MOLLY HAYNES
EXECUTIVE DI40.00Yes (X)Yes (X)$80,000$0$0
RAQUEL BELLAMY
DIRECTOR1.00Yes (X)$0$0$0
MONICA CINTADO
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM B CRENSHAW
TREASURER1.00Yes (X)Yes (X)$0$0$0
GREG DAILY
DIRECTOR1.00Yes (X)$0$0$0
DR DONOVAN DRAKE
DIRECTOR1.00Yes (X)$0$0$0
JASON FACIO
DIRECTOR1.00Yes (X)$0$0$0
CARRINGTON FOX
DIRECTOR1.00Yes (X)$0$0$0
SAM HATCHER
DIRECTOR1.00Yes (X)$0$0$0
ROD HELLER JD
DIRECTOR1.00Yes (X)$0$0$0
TREY LIPMAN
DIRECTOR1.00Yes (X)$0$0$0
KENYATTA LOVETT
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL J SPALDING MD
PRESIDENT40.00Yes (X)Yes (X)$0$0$0
ROBERT C BONE MD
SECRETARY1.00Yes (X)Yes (X)$0$0$0
ANDRE CHURCHWELL MD
DIRECTOR1.00Yes (X)$0$0$0
DAVID THOMBS MD
DIRECTOR1.00Yes (X)$0$0$0
JIM MUNRO
DIRECTOR1.00Yes (X)$0$0$0
TRISH MUNRO
DIRECTOR1.00Yes (X)$0$0$0
GORDON PEERMAN
DIRECTOR1.00Yes (X)$0$0$0
RAYMOND PIRTLE
DIRECTOR1.00Yes (X)$0$0$0
RICH RHODA
DIRECTOR1.00Yes (X)$0$0$0
HARVEY SPERLING
DIRECTOR1.00Yes (X)$0$0$0
CURT THORNE
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$80,000TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$1,312,779AllOtherContributionsAmt
Total Contributions$1,312,779TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,527TotalRevenueColumnAmt
Related Or Exempt Func Income$2,527RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,315,306TotalRevenueColumnAmt
Related Or Exempt Func Income$2,527RelatedOrExemptFuncIncomeAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,121,369TotalAmt
Program Services$1,121,369ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$80,000TotalAmt
Program Services$32,000ProgramServicesAmt
Management And General$16,000ManagementAndGeneralAmt
Fundraising$32,000FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$7,035TotalAmt
Program Services$2,814ProgramServicesAmt
Management And General$1,407ManagementAndGeneralAmt
Fundraising$2,814FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,250TotalAmt
Management And General$6,250ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,558TotalAmt
Management And General$1,558ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,387TotalAmt
Program Services$1,064ProgramServicesAmt
Fundraising$1,323FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
STUDENT COVID-19 RELIEF$17,083$17,083
EVENTS$11,314$8,390$2,924
EQUIPMENT AND SOFTWARE$1,683$1,683
MISCELLANEOUS$984$984

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$928TotalAmt
Management And General$928ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,250,591TotalAmt
Program Services$1,182,720ProgramServicesAmt
Management And General$28,810ManagementAndGeneralAmt
Fundraising$39,061FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$353,405BOYAmt
EOY$418,120EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$353,405BOYAmt
EOY$418,120EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$353,405BOYAmt
EOY$418,120EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$353,405BOYAmt
EOY$418,120EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$353,405BOYAmt
EOY$418,120EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$64,715ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$519,594CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$550,667CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,050,751CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$455,761CurrentTaxYearMinus1YearAmt
Current Tax Year$1,312,779CurrentTaxYearAmt
Total$3,889,552TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$519,594CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$550,667CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,050,751CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$455,761CurrentTaxYearMinus1YearAmt
Current Tax Year$1,312,779CurrentTaxYearAmt
Total$3,889,552TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,454,004SubstantialContributorsTotAmt
Public Support Total170$2,435,548PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1,922CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,410CurrentTaxYearMinus1YearAmt
Current Tax Year$2,527CurrentTaxYearAmt
Total$6,859TotalAmt
FieldValueIRS element (for citing)
Total Support$3,896,411TotalSupportAmt
Gross Receipts Rltd Activities$2,527GrossReceiptsRltdActivitiesAmt
Public Support CY1700.62510PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeTUITION/SCHOLARSHIPSGrantTypeTxt
Recipient235RecipientCnt
Cash Grant$1,121,369CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationRECORDS MAINTAINED LISTING TUITION/SCHOLARSHIP RECIPIENTSExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 2MICHAEL SPALDING, MD WILLIAM CRENSHAW PRESIDENT TREASURER FAMILY RELATIONSHIP
FORM 990, PAGE 6, PART VI, LINE 11BFORM 990 IS THOROUGHLY REVIEWED BY PRESIDENT AND CHAIRMAN, EXECUTIVE DIRECTOR, AND TREASURER AND IS SHARED WITH THE ENTIRE BOARD FOR REVIEW PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 19THE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST