EQUIPUS INC

EIN: 843189337 501(c)(3) Religion

SCOTTSBORO, AL

Total Revenue
$236,740
Total Expenses
$226,878
Total Assets
$141,908
Net Assets
$141,908
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
AL
Principal Officer
WAYNE TERRY
Phone
2562445453
Tax Period
2023-10-01 to 2024-09-30

EQUIPUS INC, founded in 2019, is a small nonprofit in the Religion sector that reported $105K in total revenue in fiscal year 2020. The organization ran a surplus of $26K, a strong 25% operating margin.

Mission

ENGAGE WITH INDIGENOUS LEADERS TO EQUIP POVERTY-STRICKEN COMMUNITIES FOR POSITIVE, TRANSFORMATIONAL CHANGE.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $236,740
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $236,740

Expense Breakdown

Grants Paid $0
Salaries & Benefits $57,250
Fundraising Expenses $0
Program Expenses $223,583
Other Expenses $169,628
TOTAL EXPENSES $226,878

Year-over-Year Comparison

2023 2022 Change
Revenue $236,740 $237,608 0.0%
Expenses $226,878 $231,440 0.0%
Net Income $9,862 $6,168 +0.6%
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

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Governance

Voting Members
4
Independent Members
4
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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WAYNE TERRY BOARD CHAIR N/A
Officer Director
$0 $0 $0
RANDY JUNIOR TREASURER N/A
Officer Director
$0 $0 $0
STANLEY BRAMLETT SECRETARY N/A
Officer Director
$0 $0 $0
MARVIN BARNEY MEMBER N/A
Director
$0 $0 $0
KEITH BURNETT EXECUTIVE DI N/A
Officer 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 $236,740 $226,878 $141,908 $9,862
2023 $237,608 $231,440 $132,046 $6,168
2022 $268,846 $217,753 $125,878 $51,093
2021 $155,984 $123,155 $74,785 $32,829
2020 $104,713 $78,923 $41,956 $25,790
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