Equipnet

Organization Overview

Equipnet is located in Alamo, CA. The organization was established in 2001. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Equipnet generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $3.0m during the year ending 12/2019. While expenses have increased by 25.9% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

EQUIPNET EMERGES OUT OF A UNIQUE COMMUNITY OF INDIVIDUALS THAT ARE COMMITTED TO USING THEIR GIFTEDNESS, RESOURCES AND RELATIONSHIPS AS INSTRUMENTS FOR BRINGING HOPE AND DIGNITY TO PEOPLE IN NEED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EQUIPNET ACCEPTS FUNDS FROM A VARIETY OF DONORS. EQUIPNET THEN IDENTIFIES WORTHY PROGRAMS WHICH SATISFY THE REQUIREMENTS OF THE RESTRICTED FUNDS RECEIVED. EQUIPNET FOCUSES ITS FUNDING ON PROGRAMS RELATED TO LEADERSHIP DEVELOPMENT, TRAINING, TECHNOLOGY, AND MICRO-ECONOMIC DEVELOPMENT STRATEGIES THAT EMPOWER AND GIVE LIFT TO THE INDIGENOUS LEADERS AND THE IMPLEMENTATION OF THEIR VISION.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Norsworthy
President & CEO
$79,000
Elbert Paul
Secretary
$0
Greg Steele
Treasurer
$0
Thel Roundtree
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,002,371
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,002,371
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,002,371

Grants Awarded

Over the last fiscal year, Equipnet has awarded $95,384 in support to 8 organizations.

Grant RecipientAmount

YUE QI LIU

PURPOSE: Program Support

$19,891

YUE QI LIU

PURPOSE: Program Support

$19,891

UNISKRIPT RESEARCH & LITERACY

PURPOSE: Program Support

$9,301

UNISKRIPT RESEARCH & LITERACY

PURPOSE: Program Support

$9,301

UNIVERSITY OF NATIONS KONA

Org PageRecipient Profile

Kailuakona, HI

PURPOSE: Program Support

$9,300

UNIVERSITY OF NATIONS KONA

Org PageRecipient Profile

Kailuakona, HI

PURPOSE: Program Support

$9,300
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Equipnet has recieved totaling $45,812.

Awarding OrganizationAmount
Organization Name not Listed

PURPOSE: SUPPORT FOR INNOVATION AND CHRISTIAN TRANSFORMATION IN VARIOUS ASPECTS OF SOCIETY

|

$20,325
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$10,787
The William N And Elizabeth A Rieth Charitable Foundation

South Bend, IN

PURPOSE: GENERAL SUPPORT

$8,000
Denman Family Foundation

Dallas, TX

PURPOSE: CHARITY

$6,000
Greg And June Biggs Family Fdn

Lincoln, NE

PURPOSE: SUPPORT CHARITY

$700
View Grant Recipient Profile

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