Light Of The World Prayer Center
- Assets
- $73.5k
- Revenue
- $199.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Bellingham, WA
- Founding
- 03/2010
- Data as of
- 12/2021
- EIN
- 26-3598337
Organization Overview
Light Of The World Prayer Center is located in Bellingham, WA. The organization was established in 2010. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Light Of The World Prayer Center employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Light Of The World Prayer Center 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 12/2021, Light Of The World Prayer Center generated $199.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $181.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A PRAYER CENTER TO ENCOURAGE AND FACILITATE 24/7 PRAYER AND WORSHIP OF JESUS CHRIST, PRIMARILY IN WHATCOM COUNTY, BUT ALSO AROUND THE NATION AND AROUND THE WORLD, AS LED BY THE HOLY SPIRIT, FOR THE GLORY OF GOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LOWPC IS A CHRISTIAN PRAYER CENTER OPEN 24/7 FOR LIFTING UP THE NAME OF JESUS CHRIST THROUGH WORSHIP AND PRAYER. WE ARE CURRENTLY HOLDING AROUND 100 HOURS OF SCHEDULED PRAYER AND WORSHIP TIME EACH WEEK IN THE PRAYER CENTER. THE GOAL IS CONTINUAL NIGHT AND DAY WORSHIP AND PRAYER (24/7 = 168 HOURS) ON CAMPUS.
THE LOWPC ENCOURAGES AND CONNECTS LOCAL CONGREGATIONS TO PRAY 24/7 ON A DAILY ROTATING/RELAY BASIS AS A PRAYER STRATEGY TO COVER THE COUNTY IN PRAYER NIGHT AND DAY. CURRENTLY THERE ARE OVER 40 CONGREGATIONS AND MINISTRIES PARTICIPATING, WITH EACH PARTICIPATING CONGREGATION/MINISTRY TAKING ONE DAY A MONTH TO COVER THAT DAY WITH 24 HOURS OF PRAYER. OUR GOAL IS TO HAVE 50 OR MORE CONGREGATIONS/MINISTRIES INVOLVED.
THE LOWPC TRAINS PRAYER MISSISONARIES AND LEADERS TO SERVE IN THE PRAYER ROOM AND COMMUNITY THROUGH PRAYER AND SERVING OTHERS. OUR GOAL IS TO HOLD TRAINING INTERNSHIPS WHEN POSSIBLE, TRAINING 15-50 PEOPLE, ALONG WITH ONGOING TRAINING AS NEEDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Richardson Executive Director | OfficerTrustee | 45 | $30,000 |
Bev Sterk Treasurer | Officer | 2 | $0 |
Will Joyce Secretary | Officer | 1 | $0 |
Alvin Vander Griend Vice President | Officer | 1 | $0 |
Mark Iblings President | Officer | 2 | $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 | $177,065 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,065 |
| Total Program Service Revenue | $21,500 |
| Investment income | $0 |
| 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 | $199,765 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $35,200 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $30,000 |
| Compensation of current officers, directors, key employees. | $4,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $49,520 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,335 |
| Payroll taxes | $6,655 |
| Fees for services: Management | $9,950 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,265 |
| Office expenses | $2,760 |
| Information technology | $4,825 |
| Royalties | $0 |
| Occupancy | $8,575 |
| Travel | $1,880 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $250 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $140 |
| Insurance | $550 |
| All other expenses | $280 |
| Total functional expenses | $181,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,440 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $100 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $73,540 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,000 |
| Total liabilities | $10,000 |
| Net assets without donor restrictions | $63,540 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $73,540 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
African Leadership Development Priest River, ID | $119,751 | $699,545 |
Love Inc Of North Marion County Woodburn, OR | $154,291 | $389,853 |
Kingdom Story Ministries Inc Tacoma, WA | $81,074 | $246,429 |
Rainbow Missions Bellevue, WA | $385,750 | $346,417 |
Meadowinds Ministries Inc Moscow, ID | $2,565,299 | $1,682,826 |
Light Of The World Prayer Center Bellingham, WA | $73,540 | $199,765 |
David Chung Ministries International Federal Way, WA | $365,195 | $214,786 |
Spokane Police Chaplain Advisory Board Spokane, WA | $123,804 | $0 |
Frank Damazio Ministries Happy Valley, OR | $109,898 | $0 |
My Sisters Pantry Tacoma, WA | $121,003 | $0 |
Hays Ministries Inc Maple Valley, WA | $1,180 | $0 |
Brothers Of Saint John The Evangelist Osb Freeland, WA | $565,794 | $47,090 |