Lets Equip INC FY2021 filing
Equips believers with tools, training, and teaching for ministry. For fiscal year 2021 it reported $560K in revenue, $462K in expenses, and $240K in net assets.Pt I
- Founded
- 2020
- Type
- Public charity (501(c)(3)) · Human Services
- Location
- McKinney, TX
- Website
- www.letsequip.com
- Filings
- 5 on file (2020–2021)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
Shared the gospel with hundreds of individuals through conferences and private speaking requests. Requested engagements include churces, schools, and businesses. In addition, we enrolled 2,087 new people in to our online community where we do monthly bible studies such as womens bible studies and Q&AS.IN 2021 our organization coached 17…
1,562 new memebers joined our bible study training program, the bible study toolkit, on how to study the word of god using a proven method call inductive bible study. An additional course, mastering logos, includes over 35 step by step tutorial videos on how to use logos bible software to enhance ones personal bible study.
Reached millions of viewers on the ministry youtube channel, the beat, by sharing the gospel of jesus christ through various topics and discussions. Number of views increased by 31.1 million views worldwide for a total of 80.1 million views. Over 800,OOO subscribers listen to newly released videos each tuesday and friday.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Overhead ratio | 100% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 53% | — | — |
| Accounting fee ratio | 0.5% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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