Praying Friends Of The Bridegroom
- Assets
- $15.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 01/2006
- Data as of
- 06/2022
- EIN
- 20-0213016
Organization Overview
Praying Friends Of The Bridegroom is located in Chattanooga, TN. The organization was established in 2006. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Praying Friends Of The Bridegroom 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 06/2022, Praying Friends Of The Bridegroom generated $174.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $175.8k during the year ending 06/2022. While expenses have increased by 7.0% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret J Arant President | 5 | $0 | |
Marie Halvorsen Treasurer | 1 | $0 | |
Julia Phillips Secretary | 2 | $0 | |
Steve Allert Director | 1 | $0 | |
Elena M Mainord Director | 1 | $0 | |
Bryan Phillips Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $174,531 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $174,536 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $169,255 |
| Salaries, other compensation, and employee benefits | $2,660 |
| Professional fees and other payments to independent contractors | $204 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,649 |
| Total expenses | $175,768 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,368 |
| Other assets | $0 |
| Total assets | $15,368 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,368 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Praying Friends Of The Bridegroom has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $10,000 |
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