Parakaleo Christian Ministries Inc
- Assets
- $3.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 10/1980
- Data as of
- 12/2022
- EIN
- 94-2628750
Organization Overview
Parakaleo Christian Ministries Inc is located in Menlo Park, CA. The organization was established in 1980. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Parakaleo Christian 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, Parakaleo Christian Ministries Inc generated $135.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $159.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 4 years. 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 |
|---|---|---|---|
Stephen S Lawry President, Director | 50 | $103,800 | |
Erica A Lawry Cfo, Director | 45 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,420 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $135,421 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $137,795 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,670 |
| Printing, publications, postage, and shipping | $3,474 |
| Other expenses | $11,771 |
| Total expenses | $159,710 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,279 |
| Other assets | $0 |
| Total assets | $3,279 |
| Total liabilities | $27,181 |
| Net assets or fund balances | -$23,902 |