Kingdom Equip Inc
- Assets
- $92.4k
- Revenue
- $168.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Hillsboro, KS
- Founding
- Data as of
- 01/2024
- EIN
- 88-1090229
Organization Overview
Kingdom Equip Inc is located in Hillsboro, KS. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingdom Equip Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 01/2024, Kingdom Equip Inc generated $168.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $215.0k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO SEEK THE KINGDOM OF GOD THROUGH PRAYER AND DISCIPLESHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
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.
THE BREAKING - 8 STUDENTS LIVED AT MORNING STAR RANCH DURING THE SUMMER OF 2022 PROVIDING PHYSICAL LABOR TO UPKEEP THE PROPERTY IN ADDITION TO PARTICIPATING IN DISCIPLESHIP PROGRAMS IN THE EVENINGS AND WEEKEND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Penner President | OfficerTrustee | 45 | $60,450 |
Jesse Allen Vice President | OfficerTrustee | 45 | $47,400 |
John Donovan Board Member | Trustee | 1 | $0 |
Eric Driggers Treasurer | OfficerTrustee | 4 | $0 |
Brad Burkholder Board Member | Trustee | 1 | $0 |
Tina Yutzy Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $155,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $155,250 |
| Total Program Service Revenue | $13,217 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$167 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $168,300 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,975 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $5,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $107,850 |
| Compensation of current officers, directors, key employees. | $12,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,090 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,962 |
| Office expenses | $4,507 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,754 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,201 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,670 |
| Insurance | $2,012 |
| All other expenses | $4,617 |
| Total functional expenses | $214,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,096 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $500 |
| Prepaid expenses and deferred charges | $5,165 |
| Net Land, buildings, and equipment | $14,678 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $92,439 |
| Accounts payable and accrued expenses | $2,330 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,330 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $90,109 |
| Total liabilities and net assets/fund balances | $92,439 |