Equipped For Life is located in Dallas, TX. 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. Equipped For Life 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 12/2023, Equipped For Life generated $224.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 48.3% each year .
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL SPIRITUAL RETREAT - THIS EVENT WILL INCLUDE OUTDOOR ACTIVITIES, LIVE WORSHIP MUSIC, MULTIPLE SPEAKERS, AND OTHER ELEMENTS DESIGNED TO CREATE AN ATMOSPHERE OF FELLOWSHIP AND THE RENEWING OF A RELATIONSHIP WITH JESUS CHRIST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brandon Ricks Director | Trustee | 0 | $0 |
Clint Carter Director | Trustee | 0 | $0 |
John Hershenberg Director | Trustee | 0 | $0 |
Alex Vantarakis Director | Trustee | 0 | $0 |
Stan Mcniel Director | Trustee | 0 | $0 |
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 | $223,637 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $223,637 |
Total Program Service Revenue | $535 |
Investment income | $628 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $224,800 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
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 | $800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $636 |
Advertising and promotion | $121 |
Office expenses | $0 |
Information technology | $6,500 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,764 |
Insurance | $0 |
All other expenses | $2,688 |
Total functional expenses | $153,943 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,607 |
Savings and temporary cash investments | $57,035 |
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 | $113,161 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,606 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $180,409 |
Accounts payable and accrued expenses | $7,284 |
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 | $7,284 |
Net assets without donor restrictions | $173,125 |
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 | $0 |
Total liabilities and net assets/fund balances | $180,409 |