Equipped for Life (EIN 921218276) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

Alex Vantarakis

Phone

9724588989

Tax Period

2024-01-01 to 2024-12-31

Equipped for Life, founded in 2017, is a small nonprofit in the Religion sector that reported $121K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $112K left a modest 7% surplus.

Mission

Equipped for Life (EFL) is a brotherly community of men seeking more of God's goodness through His Word, fellowship, and financial support. Our meetings are encouraging, non-judgmental, spirit-filled and covered in God's grace. We are a vessel for God's presence as we walk out our lives united together in Christ.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $118,275

Program Service Revenue $345

Investment Income $2,291

Other Revenue $0

TOTAL REVENUE $120,911

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $112,206

Other Expenses $112,206

TOTAL EXPENSES $112,206

Year-over-Year Comparison

	2024	2023	Change
Revenue	$120,911	$224,800	-0.5%
Expenses	$112,206	$153,943	-0.3%
Net Income	$8,705	$70,857	-0.9%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brandon Ricks	Director	1.00	Director	$0	$0	$0
Clint Carter	Director	1.00	Director	$0	$0	$0
John Hershenberg	Director	1.00	Director	$0	$0	$0
Alex Vantarakis	Director	1.00	Director	$0	$0	$0
Stan McNiel	Director	1.00	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
2024	$120,911	$112,206	$182,314	$8,705
2023	$224,800	$153,943	$180,409	$70,857

Equipped for Life