Overview
What is The Equip Foundation?
The Equip Foundation is a nonprofit organization with a strong focus on promoting leadership and community development in both developed and developing nations. Based in Kailua Kona, Hawaii, the organization boasts a team of four dedicated individuals. One of their primary initiatives, Hands on Houses, addresses the housing needs of marginalized populations in rural areas, providing 47 new homes in 2022 across regions such as south Asia, Zambia, and Argentina. The Equip Foundation's projects prioritize skills development, the use of appropriate technology, collaborating with local partners, and empowering the underprivileged. Their mission is to help create self-sufficient communities worldwide.
Official website here: www.equipfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
The Equip Foundation has achieved an impressive Four-Star rating from Charity Navigator, signifying exceptional accountability and financial health. With a perfect score of 100% in Accountability & Finance, the organization excels in critical governance areas such as having a majority of independent board members and maintaining transparent policies like conflict of interest and whistleblower protections. Their financial practices are commendable, with a program expense ratio of 81.61%, indicating that a substantial portion of their funds is directed towards their mission.
In addition to their strong financial practices, The Equip Foundation has also received a perfect score in Culture & Community, reflecting their effective engagement and feedback mechanisms. They demonstrate a commitment to collecting and utilizing feedback effectively, which enhances their responsiveness to community needs. This level of engagement suggests a robust organizational culture that prioritizes stakeholder involvement and continuous improvement.
While the data highlights many strengths, the summary does not indicate any specific limitations or challenges the organization faces. Overall, The Equip Foundation stands out as a model of transparency and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Equip Foundation legitimate?
The Equip Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Equip Foundation 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: $48,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $150,000
For more financial information, click here
Official website here: www.equipfoundation.org
What is the mission statement of The Equip Foundation?
The Equip Foundation's mission is centered around fostering leadership and community development on a global scale. Their focus lies in equipping individuals from both developed and underdeveloped regions, with an emphasis on skills development, appropriate technology, and empowering marginalized communities through local partnerships. The foundation's projects aim to uplift and strengthen these communities. One of their significant initiatives, the Hands on Houses program, provides effective housing solutions for marginalized individuals in rural communities, as demonstrated by the construction of 47 new homes in South Asia, Zambia, and Argentina in 2022.
Official website here: www.equipfoundation.org
Who is the CEO of The Equip Foundation?
Donald Cook is the Principal Officer of The Equip Foundation.
Official website here: www.equipfoundation.org
What is the revenue of The Equip Foundation?
The Equip Foundation's revenue in 2022 was $463,733.
Official website here: www.equipfoundation.org
Who are the executives of The Equip Foundation and what are their salaries?
The average compensation at The Equip Foundation during 2022 was $49,500. There are 4 employees and 36 volunteers at The Equip Foundation.
Here are 5 key members and their salaries:
- Compensation: $48,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.equipfoundation.org
Where can I find the form 990 for The Equip Foundation?
The Equip Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.equipfoundation.org
Learn more at the official website: www.equipfoundation.org
Mission Statement of The Equip Foundation
The Equip Foundation, an organization dedicated to its mission, focuses on fostering leaders and strengthening communities, both in developed and developing nations. Its projects prioritize skills development, the application of suitable technology, and the empowerment of marginalized individuals, with a strong emphasis on local partnerships. The organization's mission is centered around promoting growth and self-sufficiency in these communities, ensuring that they have the necessary tools and resources to thrive.
One of the Equifoundation's key initiatives is the Hands on Houses program. This project aims to address the housing needs of marginalized individuals living in rural communities, providing them with 47 new homes in various locations such as south Asia, Zambia, and Argentina in 2022 alone. This program reflects the foundation's commitment to making a tangible impact on people's lives, addressing one of the most fundamental needs for a stable and secure existence. By focusing on housing solutions, the Equifoundation demonstrates its dedication to uplifting vulnerable populations and fostering sustainable communities.
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Impact
July, 2024
The Equip Foundation's impact includes developing leaders and communities globally through projects that emphasize skills development, appropriate technology, local partnerships, and empowerment of marginalized populations. The Hands on Houses program, for example, focuses on creating effective housing solutions for marginalized individuals in rural areas. In 2022, this program provided 47 new homes in South Asia, Zambia, and Argentina, directly benefiting those in need and showcasing the foundation's commitment to making a tangible difference in communities around the world.
This information is meant to be a general summary of The Equip Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $116
- Gross Receipts: $463,733
Assets and Liabilities:
- Total Assets: $485,263
- Total Liabilities: $7,699
- Net Assets: $477,564
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Organization Details
Founding Year
1998
Phone
(808) 319-3317Principal Officer
Donald Cook
Main Address
75-5660 Kopiko Street C7 162, Kailua Kona, HI, 96740
Website
www.equipfoundation.orgNTEE Category
Code: Q300 - International
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