Rhema Prayer Ministries Inc
- Assets
- $127.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Staten Island, NY
- Founding
- 08/2003
- Data as of
- 12/2022
- EIN
- 13-3762350
Organization Overview
Rhema Prayer Ministries Inc is located in Staten Island, NY. The organization was established in 2003. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Rhema Prayer Ministries Inc 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, Rhema Prayer Ministries Inc generated $55.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $46.8k during the year ending 12/2022. While expenses have increased by 7.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Stradford Director | 10 | $0 | |
Patricia Drayton National VP | 10 | $0 | |
Irma Joseph Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,750 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $70 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,051 |
| Other Revenue | $450 |
| Total Revenue | $55,321 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $95 |
| Occupancy, rent, utilities, and maintenance | $5,850 |
| Printing, publications, postage, and shipping | $467 |
| Other expenses | $40,381 |
| Total expenses | $46,793 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $126,826 |
| Other assets | $0 |
| Total assets | $127,492 |
| Total liabilities | $3,973 |
| Net assets or fund balances | $123,519 |