Power Ministries International Inc
- Assets
- $955.0
- Revenue
- $91.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Edison, NJ
- Founding
- 01/1988
- Data as of
- 12/2023
- EIN
- 22-2857857
Organization Overview
Power Ministries International Inc is located in Edison, NJ. The organization was established in 1988. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Power Ministries International 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 12/2023, Power Ministries International Inc generated $91.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $93.0k during the year ending 12/2023. While expenses have increased by 3.2% per year over the past 5 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL MISSION TRUST, OLD HASIMARA, WEST BENGAL, INDIA
SHEKINAH INTERNATIONAL, GRACE ORPHANAGE, MYSORE, INDIA.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $91,234 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $91,234 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $71,624 |
| Printing and publications | $859 |
| Other expenses | $14,077 |
| Total operating and administrative expenses | $87,622 |
| Contributions, gifts, grants paid | $5,340 |
| Total expenses and disbursements | $92,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $955 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $955 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Power Ministries International Inc has awarded $3,432 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GLOBAL MISSION TRUST PURPOSE: CHARITABLE CONTRIBUTION | $3,132 |
SHEKINAH INTERNATIONAL PURPOSE: CHARITABLE CONTRIBUTION. | $300 |