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Filing year 2024

Life Equip

Colorado Springs, Colorado·EIN 83-4339219·501(c)(3)
Total revenue
$135k
Total assets
$55k
Total expenses
$132k
Reported officers
9

Executive compensation

Form 990-EZ · Part IV · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Board President
Median to 75th percentile
$36k
$38k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Up 24%
from 2023

From $29k in 2023 to $36k in 2024.

$29k
2023
$36k
2024
In today's dollarsEst.
Up 21% in real terms$31k to $38k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 24% from 2023 to 2024, while revenue rose 89%.

$29k in 2023 to $36k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Life Equip reported revenue and expenses across 2 filing years.

RevenueExpenses
$72k
$68k
2023
$135k
$132k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Life Equip

What does the Board President of Life Equip earn?

In 2024, the Board President of Life Equip received $35,750 in total compensation. This pay is above the median (the midpoint) for Board President roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board President pay at Life Equip compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board President at Life Equip falls between the median and the 75th percentile.

What are Life Equip's revenue and expenses?

In 2024, Life Equip reported $135k in total revenue and $132k in total expenses on its IRS Form 990.

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