Lets Equip INC FY2023 filing
Equips believers with tools, training, and teaching for ministry. For fiscal year 2023 it reported $462K in revenue, $596K in expenses, and $191K 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 (2020–2023)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
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 29 million views worldwide for a total of 141 million lifetime views. Over 1.3m subscribers listen to newly released videos each tuesday.
Increased our social media following on facebook of over 100,000 followers and instagram page to over 50,000 followers. This social media initiative helped grow our online lets equip online community with hundreds of new members.
Shared the gospel with hundreds of individuals through conferences and private speaking requests. Requested engagements include churces, schools, and businesses. In addition, we enrolled approx 934 new people in to our 90 day bible accelerator coaching program.
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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 |
|---|---|---|---|
| Program ratio | 97% | — | — |
| Overhead ratio | 3% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -17% | — | — |
| 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.
Grants
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Filings & Schedule Manifest
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