Public Charity

EQUIPNET

EQUIPNET, of ALAMO, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $15.4M in revenue, $14.8M in expenses, $1.7M in total assets. 71 publicly reported grants to this organization, totaling roughly $3.3M, appear in IRS filings.

EIN: 943359561 ALAMO, CA Roman Catholic NTEE: X22 Latest filing: 2024
Total Revenue$15.4M
Total Expenses$14.8M
Total Assets$1.7M
Grant Records71
Funding Total$3.3M
Filing Years2019–2024

Mission

Equipnet is a collaboration between a team of individuals that desire to use their God given resources to empower innovators who specialize in developing and unleashing transformation through compassion and justice.

Where $100 goes at Equipnet

How Equipnet divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$98
Equipnet accepts funds from a variety of donors
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Secretary Elbert Paul
Treasurer Gregory Steele
President & CEO Robert Norsworthy
Board Member Steve Justice
Board Member Thel Roundtree

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,125,964 40 grants
Religion & Spirituality
$1,205,302 29 grants

Financial Trends

Year Revenue Expenses Assets
2024 $15.4M $14.8M $1.7M
2023 $10.8M $10.6M $1.1M
2022 $7.9M $7.8M $1.1M
2020 $4.1M $4.2M $359K
2019 $3.0M $3.0M $346K

Between 2019 and 2024, reported annual revenue grew from $3.0M to $15.4M (+414%), with total assets most recently reported at $1.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for EQUIPNET

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