Quick charity verification for Equip Inc (EIN: 222452414)
Verdict: Equip Inc appears trustworthy
85/100Mission Score
$2.8MRevenue
$2.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistently high percentage of expenses dedicated to programs (e.g., 92% in 2022).
Strong financial health with assets consistently exceeding liabilities (e.g., $2,160,518 in assets vs. $19,281 in liabilities in 2022).
Stable revenue generation over the past several years, demonstrating operational consistency.
Low administrative and fundraising costs, maximizing impact per dollar.
Zero reported executive compensation, suggesting a highly efficient and mission-driven leadership.
AI Transparency Report
Equip Inc is a unknown nonprofit based in Marion, North Carolina, with reported revenue of $2.8M and assets of $2.2M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 92% of spending goes to programs, 5% to administration, and 3% to fundraising. Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or externally funded leadership structure. Revenue has grown +39% across 12 filing periods.