Life Equip Inc is a private foundation focused on Religion Related, based in DEBARY, FL. IRS filing data is available for 2020. As of 2020, the organization holds $342K in total assets.
Financial Overview
From 2020 IRS Form 990-PF · View filing
Total Assets
$342K
Revenue
$753K
Net Investment Income
—
Expenses
$523K
Under IRS private-foundation payout rules, Life Equip Inc reported a distributable amount of $9K for 2020 — the minimum it must pay out in qualifying distributions.
About Life Equip Inc
Based on IRS filings
Life Equip Inc is a private foundation focused on Religion Related, based in DEBARY, FL. IRS filing data is available for 2020. As of 2020, the organization holds $342K in total assets.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2020 |
|---|---|
| Total Assets | $341,631 |
| Revenue | $752,818 |
| Expenses | $523,065 |
| Qualifying Distributions | — |
| Net Investment Income | — |
| Distributable Amount | $8,877 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2020
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2020.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2020 IRS filing
From 2020 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Scott Stewart | President | 40 | $120,000 |
| Beverly Stewart | Director | 40 | $75,000 |
| Lawrence G Foltz | Treasurer | — | — |
| Daniel Hopper | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Life Equip Inc?
Life Equip Inc is a nonprofit organization focused on Religion Related, based in DEBARY, FL. It holds $342K in total assets as of 2020.
How large is Life Equip Inc?
As of 2020, Life Equip Inc holds $342K in total assets with $753K in annual revenue.
How much is Life Equip Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, Life Equip Inc reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Life Equip Inc's EIN?
Life Equip Inc's EIN (Employer Identification Number) is 47-4304150. IRS Form 990 filing data is available on this page for 2020.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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