KINGDOM EQUIP INC

EIN: 881090229 501(c)(3) Religion

HILLSBORO, KS

Total Revenue
$266,762
Total Expenses
$218,197
Total Assets
$141,281
Net Assets
$138,674
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
KS
Principal Officer
MATTHEW PENNER
Phone
3162029075
Tax Period
2024-02-01 to 2025-01-31

KINGDOM EQUIP INC, founded in 2022, is a small nonprofit in the Religion sector that reported $267K in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $49K, a strong 18% operating margin.

Mission

WE ARE A MISSIONS BASE THAT EMPOWERS, EQUIPS, AND SENDS. WE EMPOWER DISCIPLES TO FULFILL THEIR GOD-ORDAINED CALL. WE EQUIP SONS AND DAUGHTERS OF GOD IN THEIR IDENTITY IN CHRIST. WE SEND DISCIPLES INTO NATIONS TO SPREAD THE SUPREMACY OF CHRIST.

Program Service Accomplishments

Program 1
Expenses: $170,896

WEEKLY AND MONTHLY SERVICES - WE GATHER WEEKLY FOR SERVICES ON SUNDAY. CURRENTLY, A GROUP OF 15-20 ATTEND THE WEEKLY SERVICES. ON A MONTHLY BASIS, THE ORGANIZATION HOLDS A PUBLIC EQUIPPING SERVICE...

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WEEKLY AND MONTHLY SERVICES - WE GATHER WEEKLY FOR SERVICES ON SUNDAY. CURRENTLY, A GROUP OF 15-20 ATTEND THE WEEKLY SERVICES. ON A MONTHLY BASIS, THE ORGANIZATION HOLDS A PUBLIC EQUIPPING SERVICE THAT MEETS AND GATHERS IN HESSTON, KANSAS THAT IS OPEN TO THE PUBLIC.

Program 2
Expenses: $15,015 Revenue: $13,050

SCHOOL OF HEART - EACH SUMMER THE ORGANIZATION HOSTS A DISCIPLESHIP INTENSIVE AT MORNING STAR RANCH. PHASE 1 OF THE INTENSIVE SERVES 20-25 STUDENTS FOR 9 DAYS. PHASE 1 INCLUDES TIMES OF TEACHING...

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SCHOOL OF HEART - EACH SUMMER THE ORGANIZATION HOSTS A DISCIPLESHIP INTENSIVE AT MORNING STAR RANCH. PHASE 1 OF THE INTENSIVE SERVES 20-25 STUDENTS FOR 9 DAYS. PHASE 1 INCLUDES TIMES OF TEACHING, PRAYER, WORSHIP AND DISCIPLESHIP GROUPS. PHASE 2 SERVES 10 STUDENTS AND INCLUDES TWO DAYS A WEEK OF CLASSROOM STUDY, TIMES FOR INDIVIDUAL STUDY, DISCIPLESHIP GROUPS AND REFLECTION BASED ON THE WEEKLY TOPICS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $253,712
Program Service Revenue $13,000
Investment Income $0
Other Revenue $50
TOTAL REVENUE $266,762

Expense Breakdown

Grants Paid $1,562
Salaries & Benefits $133,115
Fundraising Expenses $3,005
Program Expenses $185,911
Other Expenses $83,520
TOTAL EXPENSES $218,197

Year-over-Year Comparison

2024 2023 Change
Revenue $266,762 $168,300 +0.6%
Expenses $218,197 $214,995 +0.0%
Net Income $48,565 $-46,695 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
N/A
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
3
$131,525
Total Directors
6
$131,525
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW PENNER PRESIDENT 45.00
Officer Director
$66,000 $0 $66,000
JESSE ALLEN VICE PRESIDENT 45.00
Officer Director
$65,525 $0 $65,525
JOHN DONOVAN BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC DRIGGERS TREASURER 4.00
Officer Director
$0 $0 $0
BRAD BURKHOLDER BOARD MEMBER 1.00
Director
$0 $0 $0
TINA YUTZY BOARD MEMBER 2.00
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
2025 $266,762 $218,197 $141,281 $48,565
2024 $168,300 $214,995 $92,439 $-46,695
2023 $221,050 $84,246 $137,160 $136,804
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