Equip Education Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 90,079 | 128,096 | −38,017 | 0.6 | — |
| 2014 | 145,150 | 146,596 | −1,446 | -0.7 | — |
| 2015 | 195,018 | 194,113 | 905 | -0.5 | — |
| 2016 | 210,275 | 210,252 | 23 | -0.4 | 57% |
| 2017 | 166,169 | 163,970 | 2,199 | -0.3 | 53% |
| 2018 | 173,580 | 167,813 | 5,767 | 0.0 | — |
| 2019 | 161,168 | 174,659 | −13,491 | -0.9 | — |
| 2020 | 284,538 | 294,227 | −9,689 | -0.9 | 47% |
| 2021 | 307,763 | 288,060 | 19,703 | -0.1 | 62% |
| 2022 | 151,032 | 197,364 | −46,332 | -3.0 | 85% |
| 2023 | 129,131 | 129,685 | −554 | -4.6 | 82% |
In its most recent public year (2023), this organization spent $554 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.6 months), down from 0.6 in 2013. Staff pay was 82% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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