EQUIP MINISTRIES INTERNATIONAL

EIN: 822630781 501(c)(3) Religion

AKRON, OH

Total Revenue
$418,880
Total Expenses
$357,147
Total Assets
$349,545
Net Assets
$337,894
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
OH
Principal Officer
CRAIG PETERS
Tax Period
2023-01-01 to 2023-12-31

EQUIP MINISTRIES INTERNATIONAL, founded in 2017, is a small nonprofit in the Religion sector that reported $419K in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $357K left a modest 15% surplus.

Mission

We train overseas pastors and leaders, provide humanitarian aid, and attempt to reach unreached peoples of the world by sharing the gospel to the end of the earth

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $415,312
Program Service Revenue $0
Investment Income $27
Other Revenue $3,541
TOTAL REVENUE $418,880

Expense Breakdown

Grants Paid $209,699
Salaries & Benefits $113,257
Fundraising Expenses $0
Program Expenses $220,007
Other Expenses $34,191
TOTAL EXPENSES $357,147

Year-over-Year Comparison

2023 2022 Change
Revenue $418,880 $288,985 +0.4%
Expenses $357,147 $258,114 +0.4%
Net Income $61,733 $30,871 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
2
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$76,070
Total Directors
8
$88,550
Key Employees
1
$12,480
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG PETERS EXEC DIRECTOR 40
Officer Director
$76,070 $0 $76,070
MATT YOUNG ASST DIRECTOR 20
Director Key Emp
$12,480 $0 $12,480
TODD LEPAGE TREASURER 0
Officer Director
$0 $0 $0
BUTCH PURSLEY BOARD MEMBER 0
Director
$0 $0 $0
CHUCK LANE BOARD MEMBER 0
Director
$0 $0 $0
DALLAS JOHNSON BOARD MEMBER 0
Director
$0 $0 $0
JIM CREED BOARD MEMBER 0
Director
$0 $0 $0
TOM ORIHEL BOARD MEMBER 0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $418,880 $357,147 $349,545 $61,733
2022 $288,985 $258,114 $289,385 $30,871
2021 $245,988 $240,382 $246,560 $5,606
2020 $215,388 $165,402 $242,983 $49,986
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