Civic Intelligence

Equipped for Life Inc.

990 • Fiscal year 2022 • EIN 26-1767553

Jan 01, 2022 to Dec 31, 2022 • Filed on May 22, 2023

Organization ProfileWWW.EQUIPPEDFORLIFE.ORG
1037 Golden Star WayWake Forest, NC 27587

(919) 398-0401

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

2022 filings • NTEE X21 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

64th percentile

0.00x

Higher debt load relative to revenue than 64% of similar nonprofits.

2022 filings • NTEE X21 • <$500k nonprofits • Source year 2022

Net Margin

14th percentile

-16%

Higher net margin than 14% of similar nonprofits.

2022 filings • NTEE X21 • <$500k nonprofits • Source year 2022

Top Officer Pay

90th percentile

$45,144

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 31.4% of source-year revenue.

2022 filings • NTEE X21 • <$500k nonprofits • Source year 2022

Asset Growth

14th percentile

-34%

Faster asset growth than 14% of similar nonprofits.

2022 filings • NTEE X21 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

221%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • NTEE X21 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets65th percentile

Assets

Down

$44,297

Down $23,205 (-34%) from 2021

Net Assets

Down

$43,955

Down $23,547 (-35%) from 2021

Liabilities

Up

$342

Up $342 from 2021

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin14th percentile

Revenue

Up

$143,732

Up $99,010 (+221%) from 2021

Expenses

Up

$167,279

Up $91,303 (+120%) from 2021

Net Income

Up

-$23,547

Up $7,707 (+25%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2016: $101,504Liabilities 2016: $2,185Net Assets 2016: $99,3192016Assets 2017: $137,560Liabilities 2017: $20,622Net Assets 2017: $116,9382017Assets 2018: $95,705Liabilities 2018: $810Net Assets 2018: $94,8952018Assets 2019: $103,762Liabilities 2019: $2,091Net Assets 2019: $101,6712019Assets 2020: $100,691Liabilities 2020: $1,935Net Assets 2020: $98,7562020Assets 2021: $67,502Liabilities 2021: $0Net Assets 2021: $67,5022021Assets 2022: $44,297Liabilities 2022: $342Net Assets 2022: $43,9552022Assets 2023: $28,345Liabilities 2023: $0Net Assets 2023: $28,3452023Assets 2024: $41,349Liabilities 2024: $0Net Assets 2024: $41,3492024

Highlighted filing

2022

Assets$44,297
Liabilities$342
Net Assets$43,955
Open 2022 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2016: $199,909Expenses 2016: $109,867Net Income 2016: $90,0422016Revenue 2017: $261,662Expenses 2017: $254,578Net Income 2017: $7,0842017Revenue 2018: $197,159Expenses 2018: $219,202Net Income 2018: -$22,0432018Revenue 2019: $92,871Expenses 2019: $86,095Net Income 2019: $6,7762019Revenue 2020: $76,627Expenses 2020: $79,542Net Income 2020: -$2,9152020Revenue 2021: $44,722Expenses 2021: $75,976Net Income 2021: -$31,2542021Revenue 2022: $143,732Expenses 2022: $167,279Net Income 2022: -$23,5472022Revenue 2023: $79,659Expenses 2023: $95,268Net Income 2023: -$15,6092023Revenue 2024: $79,046Expenses 2024: $66,042Net Income 2024: $13,0042024

Highlighted filing

2022

Revenue$143,732
Expenses$167,279
Net Income-$23,547
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 22, 2023
Return Version
2022v5.0
Gross Receipts
$143,892
Mission and Program Overview

Mission

Equipped for life exists to glorify god by equipping christian leaders with biblical truth, spiritual insight and practical help so they may excel still more in ministry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$67,502$43,955▼ $23,547
Cash and Non-Interest-Bearing Accounts$61,226$38,268▼ $22,958
Accounts Receivable$2,927$3,067▲ $140
Land, Buildings, and Equipment, Net$3,349$2,962▼ $387
Total Assets$67,502$44,297▼ $23,205
Liabilities
Other Liabilities-$342-
Total Liabilities$0$342▲ $342
Net Assets / Fund Balance
Total Net Assets Fund Balance$67,502$43,955▼ $23,547
Total Liabilities and Net Assets / Fund Balance$67,502$44,297▼ $23,205

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,962$8,247$11,209
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David HornerChief ExecutFT$19,507$25,637$45,144

Board Members and Trustees

NameTitle
David NewDirector
Gordon BolinDirector
Jon RobersonDirector
Steve VaughnDirector
Steve MunshowerSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$143,677
Program Service Revenue
$0
Investment Income
$55
Other Revenue
$0
All Other Contributions
$143,677
Change in Net Assets
$-23,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$95,919
Salaries, Compensation, and Employee Benefits$60,141
Other Expenses$11,219
Total Fundraising Expense$8,948
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$84,629--$84,629
Current Officers, Directors, Trustees, and Key Employees$27,086$11,286$6,772$45,144
Grants to Domestic Orgs$11,290--$11,290
Other Salaries and Wages$3,249$6,497$1,083$10,829
Payroll Taxes$2,918$625$625$4,168
Fees for Services Accounting-$2,190-$2,190
Travel$1,803--$1,803
Conferences and Meetings$1,369--$1,369
Depreciation Depletion-$1,356-$1,356
Office Expenses$762$104$69$935
Other Expenses$710$531$247$247
Total Functional Expenses$133,816$24,515$8,948$167,279
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ukraine Partnership FoundationChesterfield, MO--$5,155

International Summary

Spending
$84,629

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeGrants to RecipientsMinistry--$77,129
Middle EastGrants to RecipientsMinistry--$7,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Catherine HornerSpouseEmployeeNo$10,829
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$342
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The chief executive reviews the 990 prior to filing, and a copy is provided to the entire board for approval.”

Form 990, Page 6, Part VI, Line 12C

“Board members are given a copy of the conflict of interest policy and annually asked to provide a written disclosure statement.”

Form 990, Page 6, Part VI, Line 15A

“The board of directors, excluding the ceo, establishes compensation for the ceo based on review of salary information from comparable organizations, job description and performance.”

Form 990, Page 6, Part VI, Line 19

“Equipped for life makes its governing documents and conflict of interest policy available for public inspection upon written request.”

Filing and Contact Details

Filer

Filer Name
Equipped for Life Inc
EIN
26-1767553
Phone
9193980401
Address
1037 GOLDEN STAR WAY, WAKE FOREST, NC 27587

Signing Officer

Name
David Horner
Title
Chief Executive
Phone
9193980401
Signed
2023-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Horner
Formed
2008
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
5
Employees
2

Preparer

Firm
Maddison & Caison Llp
Address
1111 OBERLIN RD, RALEIGH, NC 27605-1136
Preparer
Susan Glendenning
Phone
9198215482
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

“Equipped for life exists to glorify god by equipping christian leaders with biblical truth, spiritual insight and practical help so they may excel in ministry. Efl accomplishes this through four programs. Flagship for missions provides outlets to support global missions partnerships. The equipping center offers consulting services, conference speaking, coaching and mentoring. The leadership toolbox provides articles, sermon notes, and books, while the school consulting program helps christian school leaders develop curriculum as well as mentor and equip teachers. In 2022, equipped for life consulted with numerous churches in the united states and one in ukraine, created video for ukraine sponsorship program, consulted at conferences and seminars around the unites states, and provided financial support to lutsk bible church, academy of homiletics, and jordan evangelical theological seminary, among others.”

Raw XML Appendix400 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt02927
IRS990/AccountsReceivableGrp/EOYAmt03067
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0EQUIPPED FOR LIFE EXISTS TO GLORIFY GOD BY EQUIPPING CHRISTIAN LEADERS WITH BIBLICAL TRUTH, SPIRITUAL INSIGHT AND PRACTICAL HELP SO THEY MAY EXCEL STILL MORE IN MINISTRY.
IRS990/AllOtherContributionsAmt0143677
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0DAVID HORNER
IRS990/BooksInCareOfDetail/PhoneNum09193980401
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01037 GOLDEN STAR WAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0WAKE FOREST
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027587
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt061226
IRS990/CashNonInterestBearingGrp/EOYAmt038268
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt06772
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt011286
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt027086
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt045144
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01369
IRS990/ConferencesMeetingsGrp/TotalAmt01369
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0143677
IRS990/CYGrantsAndSimilarPaidAmt095919
IRS990/CYInvestmentIncomeAmt055
IRS990/CYOtherExpensesAmt011219
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-23547
IRS990/CYSalariesCompEmpBnftPaidAmt060141
IRS990/CYTotalExpensesAmt0167279
IRS990/CYTotalFundraisingExpenseAmt08948
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0143732
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01356
IRS990/DepreciationDepletionGrp/TotalAmt01356
IRS990/Desc0EQUIPPED FOR LIFE EXISTS TO GLORIFY GOD BY EQUIPPING CHRISTIAN LEADERS WITH BIBLICAL TRUTH, SPIRITUAL INSIGHT AND PRACTICAL HELP SO THEY MAY EXCEL IN MINISTRY. EFL ACCOMPLISHES THIS THROUGH FOUR PROGRAMS. FLAGSHIP FOR MISSIONS PROVIDES OUTLETS TO SUPPORT GLOBAL MISSIONS PARTNERSHIPS. THE EQUIPPING CENTER OFFERS CONSULTING SERVICES, CONFERENCE SPEAKING, COACHING AND MENTORING. THE LEADERSHIP TOOLBOX PROVIDES ARTICLES, SERMON NOTES, AND BOOKS, WHILE THE SCHOOL CONSULTING PROGRAM HELPS CHRISTIAN SCHOOL LEADERS DEVELOP CURRICULUM AS WELL AS MENTOR AND EQUIP TEACHERS. IN 2022, EQUIPPED FOR LIFE CONSULTED WITH NUMEROUS CHURCHES IN THE UNITED STATES AND ONE IN UKRAINE, CREATED VIDEO FOR UKRAINE SPONSORSHIP PROGRAM, CONSULTED AT CONFERENCES AND SEMINARS AROUND THE UNITES STATES, AND PROVIDED FINANCIAL SUPPORT TO LUTSK BIBLE CHURCH, ACADEMY OF HOMILETICS, AND JORDAN EVANGELICAL THEOLOGICAL SEMINARY, AMONG OTHERS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0133816
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02190
IRS990/FeesForServicesAccountingGrp/TotalAmt02190
IRS990/ForeignActivitiesInd0true
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt084629
IRS990/ForeignGrantsGrp/TotalAmt084629
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt025637
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID HORNER
IRS990/Form990PartVIISectionAGrp/PersonNm1STEVE MUNSHOWER
IRS990/Form990PartVIISectionAGrp/PersonNm2GORDON BOLIN
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID NEW
IRS990/Form990PartVIISectionAGrp/PersonNm4JON ROBERSON
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVE VAUGHN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt019507
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHIEF EXECUT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt055
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt095919
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt011290
IRS990/GrantsToDomesticOrgsGrp/TotalAmt011290
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0215
IRS990/GrossReceiptsAmt0143892
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08247
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03349
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02962
IRS990/LandBldgEquipCostOrOtherBssAmt011209
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0160
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EQUIPPED FOR LIFE EXISTS TO GLORIFY GOD BY EQUIPPING CHRISTIAN LEADERS WITH BIBLICAL TRUTH, SPIRITUAL INSIGHT AND PRACTICAL HELP SO THEY MAY EXCEL STILL MORE IN MINISTRY.
IRS990/MoreThan5000KToIndividualsInd0true
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt067502
IRS990/NetAssetsOrFundBalancesEOYAmt043955
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt055
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt055
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt069
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0104
IRS990/OfficeExpensesGrp/ProgramServicesAmt0762
IRS990/OfficeExpensesGrp/TotalAmt0935
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1PAYROLL FEES
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/Desc3MEALS
IRS990/OtherExpensesGrp/FundraisingAmt0152
IRS990/OtherExpensesGrp/FundraisingAmt1247
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01774
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1152
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2531
IRS990/OtherExpensesGrp/ProgramServicesAmt0710
IRS990/OtherExpensesGrp/TotalAmt01774
IRS990/OtherExpensesGrp/TotalAmt11014
IRS990/OtherExpensesGrp/TotalAmt2531
IRS990/OtherExpensesGrp/TotalAmt3247
IRS990/OtherLiabilitiesGrp/EOYAmt0342
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01083
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06497
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03249
IRS990/OtherSalariesAndWagesGrp/TotalAmt010829
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0625
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0625
IRS990/PayrollTaxesGrp/ProgramServicesAmt02918
IRS990/PayrollTaxesGrp/TotalAmt04168
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DAVID HORNER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt044722
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt016040
IRS990/PYOtherExpensesAmt010974
IRS990/PYRevenuesLessExpensesAmt0-31254
IRS990/PYSalariesCompEmpBnftPaidAmt048962
IRS990/PYTotalExpensesAmt075976
IRS990/PYTotalRevenueAmt044722
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-23547
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt067502
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt043955
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0143677
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt044722
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt076377
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt092871
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0197159
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0554806
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97100
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt0538698
IRS990ScheduleA/SubstantialContributorsTotAmt016108
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0143677
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt044722
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt076377
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt092871
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0197159
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0554806
IRS990ScheduleA/TotalSupportAmt0554806
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt02962
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08247
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011209
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0342
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02962
IRS990ScheduleD/TotalLiabilityAmt0342
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt07500
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt177129
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0MIDDLE EAST
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EUROPE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0MINISTRY
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1MINISTRY
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS TO RECIPIENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1GRANTS TO RECIPIENTS
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt018225
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt01
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0EUROPE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0MISSION SUPPORT
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt07500
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt150256
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0MISSION SUPPORT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1PARISHIONER SUPPORT
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt084629
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0EQUIPPED FOR LIFE IS IN REGULAR CONTACT WITH THE RECIPIENTS TO INQUIRE ABOUT THE RECEIPT AND USE OF FUNDS, INCLUDING ACKNOWLEDGMENTS BY VIDEO WHEN TRAVEL IS PROHIBITED DUE TO WAR IN THE REGION.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1MIDDLE EAST 7,500 0 EUROPE 77,129 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/Total501c3OrgCnt02
IRS990ScheduleF/TotalSpentAmt084629
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt05155
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UKRAINE PARTNERSHIP FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0274595107
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 671
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHESTERFIELD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd063006
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0EQUIPPED FOR LIFE IS IN REGULAR CONTACT WITH THE RECIPIENTS TO INQUIRE ABOUT THE RECEIPT AND USE OF FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CATHERINE HORNER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SPOUSE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt010829
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0EMPLOYEE
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0PART IV - CATHERINE HORNER PERFORMS ADMINISTRATIVE WORK FOR EQUIPPED FOR LIFE AS WELL AS SUPPORTING THE MISSION THROUGH PROVIDING WOMEN'S WORKSHOPS AT CONFERENCES AND SPEAKING TO WOMEN'S GROUPS. CATHERINE IS THE WIFE OF FOUNDER AND CHIEF EXECUTIVE, DAVID HORNER. DAVID RECUSES HIMSELF FROM ALL MATTERS RELATED TO CATHERINE'S COMPENSATION, WHICH IS DETERMINED BY THE REMAINING MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EQUIPPED FOR LIFE EXISTS TO GLORIFY GOD BY EQUIPPING CHRISTIAN LEADERS WITH BIBLICAL TRUTH, SPIRITUAL INSIGHT AND PRACTICAL HELP SO THEY MAY EXCEL IN MINISTRY. EFL ACCOMPLISHES THIS THROUGH FOUR PROGRAMS. FLAGSHIP FOR MISSIONS PROVIDES OUTLETS TO SUPPORT GLOBAL MISSIONS PARTNERSHIPS. THE EQUIPPING CENTER OFFERS CONSULTING SERVICES, CONFERENCE SPEAKING, COACHING AND MENTORING. THE LEADERSHIP TOOLBOX PROVIDES ARTICLES, SERMON NOTES, AND BOOKS, WHILE THE SCHOOL CONSULTING PROGRAM HELPS CHRISTIAN SCHOOL LEADERS DEVELOP CURRICULUM AS WELL AS MENTOR AND EQUIP TEACHERS. IN 2022, EQUIPPED FOR LIFE CONSULTED WITH NUMEROUS CHURCHES IN THE UNITED STATES AND ONE IN UKRAINE, CREATED VIDEO FOR UKRAINE SPONSORSHIP PROGRAM, CONSULTED AT CONFERENCES AND SEMINARS AROUND THE UNITES STATES, AND PROVIDED FINANCIAL SUPPORT TO LUTSK BIBLE CHURCH, ACADEMY OF HOMILETICS, AND JORDAN EVANGELICAL THEOLOGICAL SEMINARY, AMONG OTHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHIEF EXECUTIVE REVIEWS THE 990 PRIOR TO FILING, AND A COPY IS PROVIDED TO THE ENTIRE BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY AND ANNUALLY ASKED TO PROVIDE A WRITTEN DISCLOSURE STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS, EXCLUDING THE CEO, ESTABLISHES COMPENSATION FOR THE CEO BASED ON REVIEW OF SALARY INFORMATION FROM COMPARABLE ORGANIZATIONS, JOB DESCRIPTION AND PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EQUIPPED FOR LIFE MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt067502
IRS990/TotalAssetsEOYAmt044297
IRS990/TotalAssetsGrp/BOYAmt067502
IRS990/TotalAssetsGrp/EOYAmt044297
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0143677
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08948
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024515
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0133816
IRS990/TotalFunctionalExpensesGrp/TotalAmt0167279
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0342
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0342
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt067502
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt043955
IRS990/TotalOtherCompensationAmt025637
IRS990/TotalProgramServiceExpensesAmt0133816
IRS990/TotalReportableCompFromOrgAmt019507
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt055
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0143732
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt067502
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt044297
IRS990/TravelGrp/ProgramServicesAmt01803
IRS990/TravelGrp/TotalAmt01803
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01037 GOLDEN STAR WAY
IRS990/USAddress/CityNm0WAKE FOREST
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027587
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0HTTP://WWW.EQUIPPEDFORLIFE.ORG/
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID HORNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF EXECUTIVE
ReturnHeader/BusinessOfficerGrp/PhoneNum09193980401
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EQUIPPED FOR LIFE INC
ReturnHeader/Filer/BusinessNameControlTxt0EQUI
ReturnHeader/Filer/EIN0261767553
ReturnHeader/Filer/PhoneNum09193980401
ReturnHeader/Filer/USAddress/AddressLine1Txt01037 GOLDEN STAR WAY
ReturnHeader/Filer/USAddress/CityNm0WAKE FOREST
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027587
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561053187
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MADDISON & CAISON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01111 OBERLIN RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0276051136
ReturnHeader/PreparerPersonGrp/PhoneNum09198215482
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUSAN GLENDENNING
ReturnHeader/ReturnTs02023-05-24T10:17:41-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HORNER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$44,297
Liabilities
$342
Net assets
$43,955
Revenue
$143,732
Expenses
$167,279
Net income
-$23,547
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.79$0.66$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.80$0.95$0.16
2022Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$1.44$1.67$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.45$0.76$0.31
2020Detailed filing. Detailed filing data is available for this year.$1.01$0.02$0.99$0.77$0.80$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.04$0.02$1.02$0.93$0.86$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.96$0.01$0.95$1.97$2.19$0.22
2017Detailed filing. Detailed filing data is available for this year.$1.38$0.21$1.17$2.62$2.55$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.02$0.02$0.99$2.00$1.10$0.90