Preterist Research Instituteincorporated
- Assets
- $151.2k
- Revenue
- $89.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Ardmore, OK
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 20-5884258
Organization Overview
Preterist Research Instituteincorporated is located in Ardmore, OK. The organization was established in 2007. According to its NTEE Classification (X05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Preterist Research Instituteincorporated 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, Preterist Research Instituteincorporated generated $89.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.8%) each year. All expenses for the organization totaled $109.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
JULY 2019 SEMINAR-PRETERIST PILGRIM WEEKEND ARDMORE, OK 100 ATTENDEES, 6 SPEAKERS
TWO GUYS & A BIBLE (WEEKLY RADIO) AD70.NET DON K. PRESTON (52 HOURS IN-KIND DONATED) WILLIAM BELL
GRATIS EDUCATIONAL ETHIOPIA-ADDIS ABADA SOUTH AFRICA NETHERLANDS INDIA NIGERIA CUBA PRISON MINISTRY BOOKS & MATERIALS DONATED
RAINES ROAD CHURCH OF CHRIST RADIO AIR TIME
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald K Preston President | 0 | $65,000 | |
Janis Preston Vice Preside | 0 | $7,800 | |
Larry Siegle Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $79,304 |
| Interest on Savings | $609 |
| Dividends & Interest | $2,013 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,721 |
| Capital Gain Net Income | $453 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $89,647 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $72,800 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $14,541 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $6,010 |
| Travel, conferences, and meetings | $1,726 |
| Printing and publications | $0 |
| Other expenses | $13,270 |
| Total operating and administrative expenses | $109,790 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $109,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,568 |
| Savings and temporary cash investments | $138,646 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $151,214 |
| 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 |
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