Psalm 1 3 Ministries

Organization Overview

Psalm 1 3 Ministries, operating under the name Streams Of Water, is located in Amarillo, TX. The organization was established in 2003. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Streams Of Water is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Streams Of Water generated $288.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $245.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PSALM 3:1 MINISTRY WILL: RECEIVE AND MAINTAIN A FUND OR FUNDS OF REAL OR PERSONAL PROPERTY, OR BOTH, AND, SUBJECT TO THE RESTRICTIONS AND LIMITATIONS HEREINAFTER SET FORTH, TO USE AND APPLY THE WHOLE OR ANY PART OF THE INCOME THEREFROM AND THE PRINCIPAL THEREOF EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND/OR EDUCATIONAL PURPOSES EITHER DIRECTLY OR BY CONTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ITS REGULATIONS AS THEY NOW EXIST OR AS THEY MAY HEREAFTER BE AMENDED. SPECIFICALLY, WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THE PURPOSE OF THE CORPORATION IS TO PREACH THE GOSPEL OF JESUS CHRIST TO EVANGELIZE SPANISH-SPEAKING PEOPLES IN THE NATION OF MEXICO AND OTHER NATIONS WHEREIN THE PRIMARY LANGUAGE IS SPANISH, AND TO MINISTER TO THE PHYSICAL AND SPIRITUAL NEEDS OF THE PEOPLE IN THOSE NATIONS ACCORDING TO THE GOSPEL OF JESUS CHRIST AND TO OBTAIN AND HOLD FUNDS, PROPERTIES AND RESOURCES FOR SUCH PURPOSES;

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORTING AN ORPHANAGE LOCATED IN MEXICO THAT OPENED IN 2011 WHICH SUPPORTS APPROXIMATELY 20 CHILDREN.


THERE ARE 20 CHILDREN CURRENTLY LIVING IN THE RESCUE A CHILD CHILDREN'S HOME. WE TOOK NUMEROUS WORKING/BUSINESS TRIPS THROUGHOUT THE YEAR. WE CONTINUED TO PROVIDE FOOD, CLOTHES, SCHOOLING, AND SCHOOL SUPPLIES FOR ALL OF OUR CHILDREN. WE PROVIDED MEDICAL AND DENTAL TO ALL OF OUR CHILDREN. AS WE BEGIN ANOTHER YEAR OF MEMBERSHIP, THERE HAVE BEEN 85 CHURCHES WHO HAVE JOINED OUR HARVEST ASSOICATION OF CHURCHES, WITH AN IMPACT NUMBER AROUND 9,240 PEOPLE. WE CONTINUE CURRICULUM BUILDING FOR THE MELEAH SCHOOL OF MINISTRY WHERE WE HOSTED 3 SCHOOL SESSIONS. WE HOSTED 1 HARVEST ASSOICATION PASTOR CONFERENCE. THERE WERE HUNDREDS OF SALVATIONS FROM OUR ASSOCIATION OF CHURCHES LOCATIONS. WE PROVIDED FOOD, MEDICINE, FIREWOOD, AND CLOTHING FOR TARAHUMARA FAMILIES IN THE SIERRA MADRE MOUNTAINS.


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Board, Officers & Key Employees

Name (title)Compensation
Jeff Graham
President
$48,000
C Edward Sauer DDS
Director
$0
Halee Desimone
Director
$0
Jim Douthitt DDS Ms
Director
$0
Patty Graham
Vp/treasurer
$0
Denise Smith
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$287,899
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$287,899
Total Program Service Revenue$0
Investment income $386
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $288,285

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