Kingdom Prayer Initiatives Inc
- Assets
- $141.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, OH
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 82-3075184
Organization Overview
Kingdom Prayer Initiatives Inc is located in Montgomery, OH. The organization was established in 2018. 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. Kingdom Prayer Initiatives 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, Kingdom Prayer Initiatives Inc generated $107.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $79.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE'VE FACILITATED 5 DIFFERENT EVENTS TOTALLY 980 PEOPLE. I'VE TRAINED 15 STUDENTS THROUGH OUR SCHOOL OF KINGDOM MINISTRY, EQUIPPED 55 PEOPLE IN ADMINISTERING PRAYER TO OTHERS IN APPROPRIATE SETTINGS. PROVIDED CONSULT WITH 7 SMALL BUSINESSES AND NON-PROFITS TO ENHANCE THEIR WORKING EXPERIENCE. WE'VE HELD AT LEAST 60 INDIVIDUAL MENTORING SESSIONS AND 23 DIFFERENT TRAINING/EQUIPPING EVENTS FOR GROUPS IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Geverdt Trustee | 40 | $63,781 | |
Jen Geverdt Treasurer | 1 | $0 | |
Pam Amlung Secretary | 0.25 | $0 | |
Steve Eklund Trustee | 0.25 | $0 | |
Brian Hubers Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,997 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $122 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $107,119 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $63,985 |
| Professional fees and other payments to independent contractors | $860 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $836 |
| Other expenses | $14,046 |
| Total expenses | $79,727 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,766 |
| Other assets | $0 |
| Total assets | $141,766 |
| Total liabilities | $0 |
| Net assets or fund balances | $141,766 |