Life Equip
- Assets
- $51.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Spgs, CO
- Founding
- Data as of
- 12/2022
- EIN
- 83-4339219
Organization Overview
Life Equip is located in Colorado Spgs, CO. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Equip 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 12/2022, Life Equip generated $59.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $67.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TRAININGINTERNATIONALPASTORSANDLAYPERSONONPROLIFEISSUES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raul Reyes President | 40 | $33,102 | |
Thomas Jacobson Director | 0.25 | $0 | |
Christine Reyes Director | 0.25 | $0 | |
Stan John Chairman | 0.25 | $0 | |
Don Marshall Director | 0.25 | $0 | |
Dennis Rogers Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,138 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,138 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,524 |
| Professional fees and other payments to independent contractors | $2,152 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,280 |
| Other expenses | $13,064 |
| Total expenses | $67,020 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,391 |
| Other assets | $0 |
| Total assets | $51,391 |
| Total liabilities | $4,880 |
| Net assets or fund balances | $46,511 |
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