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Nonprofit · EIN 94-3359561

EQUIPNET

Tax-exempt · ALAMO, CA 94507

Financials

$10.8M$10.6M2023$15.4M$14.8M2024
Revenue Expenses · by fiscal year end
Financials of EQUIPNET by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$15,436,827$14,754,151$682,676$1,738,236$150,796$1,587,440
December 31, 2023990$10,769,573$10,626,975$142,598$1,068,248$164,349$903,899
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$15,434,146
Program service revenue
$0
Investment income
$2,681
Other revenue
$0

Expenses

Grants and similar amounts paid
$13,744,702
Compensation of officers, directors and key employees
$499,713
Salaries, compensation and benefits (total)
$499,713
Professional fundraising fees
$0
Accounting fees
$46,445
Occupancy
$12,324
Travel
$72
Program services (functional)
$14,444,057
Management and general (functional)
$225,927
Fundraising (functional)
$84,167

Balance sheet and other

Total assets, start of year
$1,068,248
Total assets, end of year
$1,738,236
Total liabilities, end of year
$150,796
Net assets, end of year
$1,587,440
Land, buildings and equipment
$1,218
Publicly traded securities
$157,988
Net assets without donor restrictions
$1,587,440
Gross receipts
$15,436,827
Employees
0
Volunteers
5
Year formed
2000
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ROBERT NORSWORTHYPresident & CEO
Trustee or director, Officer
40$91,583$123,500
ELBERT PAULSecretary
Trustee or director, Officer
2$105,130$91,500
THEL ROUNDTREEBoard Member
Trustee or director
1$88,000$0
GREGORY STEELETreasurer
Trustee or director, Officer
1$0$0
STEVE JUSTICEBoard Member
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationOther / benefits
ELBERT PAULSecretary
Trustee or director, Officer
2$108,676$95,000
ROBERT NORSWORTHYPresident & CEO
Trustee or director, Officer
40$64,999$134,325
THEL ROUNDTREEBoard Member
Trustee or director
1$44,770$0
GREGORY STEELETreasurer
Trustee or director, Officer
1$0$0
STEVE JUSTICEBoard Member
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 860, ALAMO, CA 94507-0860
In care of
% ROBERT NORSWORTHY
Principal officer (990 for 2024)
ROBERT NORSWORTHY, PO Box 860, ALAMO, CA 94507
Signed the 990
ROBERT NORSWORTHY, President & CEO
Phone
(925) 478-4320
Return prepared by
REGALIA BERGER & BERGER CPAS

California records

California keeps its own records of charities and corporations. Search them by EIN 94-3359561 or by the name EQUIPNET.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

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.

990 for the year ended December 31, 2024

Program accomplishments

  • EQUIPNET ACCEPTS FUNDS FROM A VARIETY OF DONORS. EQUIPNET THEN IDENTIFIES WORTHY PROGRAMS WHICH SATISFY THE REQUIREMENTS OF THE RESTRICTED FUNDS RECEIVED. EQUIPNET FOCUSES ITS FUNDING ON PROGRAMS RELATED TO LEADERSHIP DEVELOPMENT, TRAINING, TECHNOLOGY, AND MICRO-ECONOMIC DEVELOPMENT STRATEGIES THAT EMPOWER AND GIVE LIFT TO THE INDIGENOUS LEADERS AND THE IMPLEMENTATION OF THEIR VISION.
    Expenses $14,444,057 · grants $13,744,702

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
94-3359561
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X22)
Assets (IRS master file)
$1,738,236
Income (IRS master file)
$15,436,827

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$15,436,827$14,754,151$1,738,236XML
990December 2023$10,769,573$10,626,975$1,068,248XML
990December 2022$7,861,147$7,752,039$1,148,288IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-3359561).

Questions about EQUIPNET

What is the EIN of EQUIPNET?
The employer identification number (EIN) of EQUIPNET is 94-3359561.
Is EQUIPNET tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to EQUIPNET tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EQUIPNET file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of EQUIPNET due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EQUIPNET last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of EQUIPNET?
The 990 for the year ended December 31, 2024 names ROBERT NORSWORTHY.
Who are the officers and directors of EQUIPNET?
The 990 for the year ended December 31, 2024 lists 5 people; 3 received compensation from the organization, the highest $91,583 (ROBERT NORSWORTHY, President & CEO).
How much revenue does EQUIPNET have?
On its 990 for the year ended December 31, 2024 it reported revenue of $15,436,827, expenses of $14,754,151 and total assets of $1,738,236 at year end.

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