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Equip

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 825223993 ✦ Pelham, AL ✦ Designated as a 501(c)(3)

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Overview

What is Equip?

Equip, located in Pelham, Alabama, is a nonprofit organization dedicated to empowering individuals with disabilities. Through their programs, they offer transition classes, work-based learning experiences, and job tours, serving approximately 800 individuals annually. Their primary mission involves providing instruction in various essential skills, encompassing life skills, social skills, and vocational skills, thereby enhancing their overall development and potential in the workplace. With a team of 10 dedicated individuals, Equip strives to create an inclusive environment where individuals with disabilities can thrive and explore their capabilities.


Official website here: www.equipservices.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58%, One-Star out of Four Star Rating.

Equip has received a low rating of 58%, indicating concerns regarding its financial performance and program efficiency. The organization scores well in governance areas, showing a fully independent board and robust document retention policies. However, its program expense ratio is notably poor, leading to significant concerns about how effectively it utilizes its funds in relation to its mission.

The organization has strengths in accountability, with a perfect score in areas such as board independence and asset management. These factors suggest a strong governance structure in place. However, the lack of program expenditure raises questions about its operational effectiveness and impact on the community it aims to serve.

Overall, Equip's low program expense ratio reflects potential inefficiencies in delivering its services, which could hinder its growth and ability to fulfill its mission effectively. The organization may benefit from reassessing its financial strategies to improve its service delivery and overall rating.


This AI summary has been generated from information found on Charity Navigator.

Is Equip legitimate?

Equip is a legitimate nonprofit organization registered as a 501(c)(3) entity. Equip submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.equipservices.org

What is the mission statement of Equip?

Equip, as an organization, is dedicated to offering educational instruction to individuals with disabilities. Their focus encompasses essential life skills, social skills, and vocational abilities. The mission of Equip is to equip these individuals with the necessary tools to navigate their daily lives more effectively, foster better social interactions, and prepare for potential employment opportunities. Through transition classes, work-based learning experiences, and job tours, Equip has facilitated these skills for approximately 800 individuals, thereby empowering them to lead more independent and fulfilling lives.


Official website here: www.equipservices.org

Who is the CEO of Equip?

Marshall B Huynh is the Ceo of Equip. The CEO's salary of Equip is $75,000 and their total compensation is $75,000.


Official website here: www.equipservices.org

What is the revenue of Equip?

Equip's revenue in 2022 was $494,276.


Official website here: www.equipservices.org

Who are the executives of Equip and what are their salaries?

The average compensation at Equip during 2022 was $7,500. There are 10 employees at Equip.


Here are 4 key members and their salaries (Equip's CEO's salary is $75,000 and their total compensation is $75,000):


Marshall B Huynh (Ceo)
  • Compensation: $75,000
  • Related: $0
  • Other: $0
Brooks Etheredge (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Lynch (Vice President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Keith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.equipservices.org

Where can I find the form 990 for Equip?

Equip's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.equipservices.org

Learn more at the official website: www.equipservices.org

Mission Statement of Equip

Equip, as a nonprofit organization, is committed to educating individuals with disabilities. Its mission encompasses the teaching of essential life skills, social interaction techniques, and vocational abilities. By offering transition classes, work-based learning experiences, and job tours, Equip empowers approximately 800 individuals with disabilities, enabling them to navigate various aspects of life more effectively.

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Impact




July, 2024

Equip's impact can be seen in the lives of approximately 800 individuals with disabilities who have benefited from their transition classes, work-based learning experiences, and job tours. Through Equip's instruction in life skills, social skills, and vocational skills, individuals with disabilities have been empowered to develop their capabilities and pursue greater independence. This has not only enriched the lives of these individuals but also contributed to a more inclusive society that recognizes and values the talents and potential of all its members.




This information is meant to be a general summary of Equip. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$494,276 (2022)
Expenses
$427,389 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $435,951
  • Gross Receipts: $494,276

Assets and Liabilities:

  • Total Assets: $219,134
  • Total Liabilities: $2,326
  • Net Assets: $216,808

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Classes

Revenue

$372,014

Field Trips

Revenue

$43,575

Consulting

Revenue

$750

Event

Revenue

$11,400

Thrive

Revenue

$8,212

Organization Details

Founding Year

2018

Principal Officer

Marshall B Huynh

Main Address

P O Box 51, Pelham, AL, 35124

NTEE Category

Code: B28 - Education

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