Equip Leadership Inc
- Assets
- $5.7m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 8
- Location
- Duluth, GA
- Founding
- 01/1996
- Data as of
- 06/2020
- EIN
- 33-0686464
Organization Overview
Equip Leadership Inc is located in Duluth, GA. The organization was established in 1996. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 06/2020, Equip Leadership Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Equip Leadership Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, Equip Leadership Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $5.8m during the year ending 06/2020. While expenses have increased by 3.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE BIBLICAL LEADERSHIP TRAINING AND RESOURCES TO CHRISTIAN LEADERS AROUND THE GLOBE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY TRANSFORMATION: IN COUNTRIES TOO LARGE FOR COUNTRY TRANSFORMATION WE WORK IN COMMUNITIES. CURRENTLY WE WORK PRIMARILY IN THE UNITED STATES, BUT COMMUNITY TRANSFORMATION WILL SOON SPREAD TO THE REST OF THE WORLD. THE APPROACH IS SIMILAR TO COUNTRY TRANSFORMATION. WE UTILIZE VALUES-BASED ROUNDTABLES (TRANSFORMATION TABLES) FROM OUR FOUNDER JOHN MAXWELL TO TRANSFORM HUNDREDS OF THOUSANDS OF PEOPLE IN THE COMMUNITY. WE ALSO UNITE AND INSPIRE SOME OF THE MOST INFLUENTIAL LEADERS IN THE COMMUNITY TO LAUNCH TRANSFORMATIONAL INITIATIVES FOR THEIR PEOPLE.
NATIONAL TRANSFORMATION: THIS IS OUR WORK IN THE COUNTRIES OF COSTA RICA, THE DOMINICAN REPUBLIC, GUATEMALA, AND PARAGUAY. WE UTILIZE VALUES-BASED ROUNDTABLES (TRANSFORMATION TABLES) FROM OUR FOUNDER JOHN MAXWELL TO TRANSFORM HUNDREDS OF THOUSANDS OF PEOPLE IN THE COUNTRY. WE ALSO UNITE AND INSPIRE SOME OF THE MOST INFLUENTIAL LEADERS IN THE COUNTRY TO LAUNCH TRANSFORMATIONAL INITIATIVES FOR THEIR PEOPLE.
INDIVIDUAL TRANSFORMATION: OUR SALT & LIGHT PROGRAM EQUIPS BELIEVERS TO SHARE THEIR FAITH BY INVITING NONBELIEVERS INTO A MULTI-WEEK PERSONAL GROWTH ROUNDTABLE. ATTENDEES ARE INTERESTED IN ATTENDING BECAUSE THE CONTENT IS LEADERSHIP TRAINING CREATED BY OUR FOUNDER DR. JOHN MAXWELL. AFTER THE SIX WEEK TRAINING, THE ATTENDEES ARE INVITED TO ATTEND TO HEAR A BONUS LESSON WHERE JOHN SHARES HIS FAITH. THOUSANDS OF PEOPLE ARE COMING TO CHRIST PER MONTH THROUGH THIS APPROACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terence Chatmon President (part Year) | Officer | 40 | $275,572 |
J Mark Cole CEO / Board Member | OfficerTrustee | 40 | $120,000 |
Larry Maxwell Secretary / Board Member | OfficerTrustee | 4 | $0 |
John Maxwell Board Chair/founder | OfficerTrustee | 4 | $0 |
Norwood Davis CFO | Officer | 4 | $0 |
Edward Bastian Board Member | Trustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Coach's Game Plan Strategies Consulting | 6/29/16 | $240,000 |
Douglas M Carter Consulting | 6/29/16 | $151,500 |
Civil Creative Agency Llc Consulting | 6/29/16 | $103,887 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,040,557 |
| Investment income | $3,864 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$393,090 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,651,794 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $370,526 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,844,043 |
| Pension plan accruals and contributions | $14,835 |
| Other employee benefits | $114,344 |
| Payroll taxes | $37,339 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,679 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $886 |
| Fees for services: Other | $384,918 |
| Advertising and promotion | $0 |
| Office expenses | $57,761 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $140,579 |
| Travel | $166,192 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,998,068 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $90,728 |
| Insurance | $10,396 |
| All other expenses | $0 |
| Total functional expenses | $5,775,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,522,473 |
| Savings and temporary cash investments | $1,906,222 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,868,001 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $150,000 |
| Investments—publicly traded securities | $91,392 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,673,774 |
| Accounts payable and accrued expenses | $792,860 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $792,860 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $4,880,914 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Equip Leadership Inc has recieved totaling $1,372,584.
| Awarding Organization | Amount |
|---|---|
National Christian Chartitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $600,000 |
Servant Foundation Overland Park, KS PURPOSE: RELIGIOUS MINISTRY | $440,534 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $157,050 |
Votum Foundation Inc Lakeland, FL PURPOSE: MINISTRY | $100,000 |
W Earl Richards Charitable Foundation Inc Birmingham, AL PURPOSE: CHARITABLE | $50,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: RELIGIOUS | $15,000 |
Endowment Analysis
| Beg. Balance | $90,361 |
| Earnings | $3,343 |
| Admin Expense | $872 |
| Ending Balance | $92,832 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vision Baptist Missions Inc Alpharetta, GA | $4,755,365 | $10,893,530 |
Cbmc Inc Chattanooga, TN | $8,634,915 | $10,793,711 |
World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
Lutheran Home - Forsyth County Inc Salisbury, NC | $3,585,984 | $11,789,990 |
Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |
Epworth By The Sea Inc St Simons Island, GA | $22,098,975 | $11,861,370 |
Lighthouse Gospel Mission Inc Riverview, FL | $956,099 | $6,409,452 |