Latin Equip's mission is to reach out to Latin America with the Gospel of Jesus Christ. This is accomplished through pastoral and leadership training, establishment and constructions of churches, orphanages and similar outreaches, responding to crises in the region, and networking with similar organizations.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
$8K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $7K a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$8K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $42K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 7 voting members
Looks good: 4 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$184K
Spent
$180K
To programs
67%
Net assets
$10K
By yearFY2020–FY2024
Revenue
$184K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$184K
FY2021$185K
FY2022$385K
FY2023$278K
FY2024$299K
Expenses
$180K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$180K
FY2021$183K
FY2022$351K
FY2023$284K
FY2024$297K
Net assets
$10K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$10K
FY2021$12K
FY2022$47K
FY2023$40K
FY2024$42K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $121K Management & general 21% · $37K Fundraising 12% · $22K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $8K paid to officers and key staff.

Part VII, Section A · reportable compensation
$7,841Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Steven a Hopkins$31,694$33,726$86,320$30,204$7,841

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Latin Equip INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Equips Latin American leaders and communities with faith-based resources and aid.

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Provided by the organization

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3 programs · $64K · in their own filed words · FY2020
01

Latin Equip fulfilled its stated purpose through provision of funds for food and church expenditures in 9 churches in Peru and Venezuela during the ongoing COVID crisis. Approximately 60,000 people were served through this project.

$54Kprogram expense
02

Latin Equip fulfilled its stated purpose through the support of an orphanage in Arequipa, Peru. This benefits approximately 100 children

$7Kprogram expense
03

Latin Equip fulfilled its stated purpose through the ongoing support of a feeding program in Callao, Peru. This outreach benefits approximately 150 families.

$2Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$42K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$184K
Ln 12
Gifts and grantsLn 1h$184K
Money outPt IX
$180K
Ln 25
Programscol B$121K
Managementcol C$37K
Fundraisingcol D$22K
Owns and owesPt X
$10K
net assets · Ln 32
Cash and savingsLn 1–2$10K
Total assetsLn 16$10K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$184K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$14K
Total revenueLn 12$184K
Assets in detailPt X, end of year
CashLn 1$10K
SavingsLn 2$146
Cash and savings togetherLn 1–2$10K
Total assetsLn 16$10K
LiabilitiesLn 26$0
Net assetsLn 32$10K
OperationsPt I, VI
EmployeesI 51
VolunteersI 6100
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$10K$10K
Total assetsLn 16$10K$10K
LiabilitiesLn 26$0$0
Net assetsLn 32$10K$10K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$87K$87K
Pay of current officers, directors and key staffLn 5$48K$19K$19K$10K
Other employee benefitsLn 9$1K$1K
Advertising and promotionLn 12$12K$4K$8K
Office expensesLn 13$12K$5K$5K$3K
Information technologyLn 14$3K$3K
TravelLn 17$6K$5K$1K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$3K$1K$1K$602
Total functional expensesLn 25$180K$121K$37K$22K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $299K$297K$2K$42K 990 PDF
FY2023 $278K$284K−$6K$40K 990 PDF
FY2022 $385K$351K$34K$47K 990 PDF
FY2021 $185K$183K$2K$12K 990 PDF
FY2020 Viewing $184K$180K$4K$10K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $184,194 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $174,931$184,194
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $174,931$184,194
I-13 Grants and similar amounts paidPrior year $83,145$86,803
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $51,522$48,841
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $39,559$44,702
I-18 Total expensesPrior year $174,226$180,346
I-19 Revenue less expensesPrior year $705$3,848
Part VI · Governance 4 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $184,194 across 9 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$13,800
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$170,394
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$184,194
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$184,194
Part IX · Statement of functional expenses $180,346 across 9 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $86,803$86,803
IX-5 Pay of current officers, directors and key staffPrograms $19,137 · Management $19,136 · Fundraising $9,568$47,841
IX-9 Other employee benefitsManagement $1,000$1,000
IX-12 Advertising and promotionPrograms $3,996 · Fundraising $7,993$11,989
IX-13 Office expensesPrograms $4,604 · Management $4,604 · Fundraising $3,069$12,277
IX-14 Information technologyManagement $2,625$2,625
IX-17 TravelPrograms $5,051 · Fundraising $1,263$6,314
IX-23 InsuranceManagement $8,430$8,430
IX-24 Other expenses (24a–d)Programs $1,106 · Management $1,359 · Fundraising $602$3,067
IX-25 Total functional expensesPrograms $120,697 · Management $37,154 · Fundraising $22,495$180,346
Part X · Balance sheet $10,210 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $8,527$10,064
X-2 Savings and temporary cash investmentsStart of year $1,136$146
X-16 Total assetsStart of year $9,663$10,210
X-17 Accounts payable and accrued expensesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $9,663$10,210
X-33 Total liabilities and net assetsStart of year $9,663$10,210
Part XI · Reconciliation of net assets $10,210 net assets at year end
XI-1 Total revenue$184,194
XI-2 Total expenses$180,346
XI-3 Revenue less expenses$3,848
XI-4 Net assets at start of year$9,663
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments−$3,301
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,210

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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