XReligion-RelatedEIN: 943359561· Ruling Year: 2001

Equipnet

Alamo, California

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 7 peers in Religion-Related with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.09×
Peer Median5.89×
💰
$10.8M
Total Revenue
📊
$10.6M
Total Expenses
🏦
$904K
Net Assets
📋
$164K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+37.0%
Year-over-year change (2022 → 2023)
Net Margin
+1.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.09
Net assets divided by total expenses
Liabilities-to-Assets
15.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$10,769,57337%$10,626,97537%$1,068,2487%
2022$7,861,14728%$7,752,03934%$1,148,28832%
2021$6,154,25648%$5,798,15540%$871,313143%
2020$4,147,90738%$4,155,89139%$359,0574%
2019$3,002,37127%$2,998,48631%$346,2081%
2018$2,359,6985%$2,290,90624%$342,18237%
2017$2,254,21037%$1,847,72715%$539,857290%
2016$1,648,64472%$1,604,66869%$138,37434%
2015$957,55734%$946,91838%$103,45124%
2014$717,12532%$683,84417%$83,568109%
2013$544,1221%$582,9486%$39,93238%
2012$547,03126%$548,84244%$64,7122%
2011$432,971$380,756$65,844

Frequently Asked Questions

What does Equipnet do?

Equipnet is a religion-related nonprofit organization based in California. It is classified under NTEE code X22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Equipnet financially healthy?

Based on our 9-metric Financial Health Score model, Equipnet has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Equipnet generate?

Equipnet reports $15.4M in annual revenue and holds $1.7M in total assets, based on IRS filings.

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