Fellowship In Prayer Inc
- Assets
- $3.2m
- Revenue
- $163.2k
- Investments
- $2.9m
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 09/1950
- Data as of
- 12/2022
- EIN
- 13-5562408
Organization Overview
Fellowship In Prayer Inc is located in Princeton, NJ. The organization was established in 1950. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fellowship In Prayer 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, Fellowship In Prayer Inc generated $163.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $144.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT MAKING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Newton President | 0 | $0 | |
Dr Ephraim Isaac VP | 0 | $0 | |
Beverly Sanford Secretary | 0 | $0 | |
Rev Wayne Meisel Member At Large | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $801 |
| Interest on Savings | $39,759 |
| Dividends & Interest | $44,499 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $78,145 |
| Capital Gain Net Income | $78,145 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $163,204 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $21,145 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $20,559 |
| Travel, conferences, and meetings | $7,690 |
| Printing and publications | $10,977 |
| Other expenses | $0 |
| Total operating and administrative expenses | $60,371 |
| Contributions, gifts, grants paid | $84,070 |
| Total expenses and disbursements | $144,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,453 |
| 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 | $2,889,780 |
| Net Land, buildings, and equipment | $262,444 |
| Other assets | $0 |
| Total assets | $3,169,677 |
| 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, Fellowship In Prayer Inc has awarded $28,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
TRUSTEES OF PRINCETON UNIVERSITY PURPOSE: FINANCIAL SUPPORT | $5,000 |
ASK NOAH INTERNATIONAL PURPOSE: FINANCIAL SUPPORT | $4,000 |
JEWISH NATIONAL FUND PURPOSE: FINANCIAL SUPPORT | $7,500 |
MCCORMICK THEOLOGICAL SEMINARY PURPOSE: FINANCIAL SUPPORT | $5,000 |
JSS MANHATTAN PURPOSE: FINANCIAL SUPPORT | $5,000 |
TROPICAL CLINICS PURPOSE: FINANCIAL SUPPORT | $2,000 |