Hollywood Prayer Network Inc
- Assets
- $1.8m
- Revenue
- $346.9k
- Investments
- $0.0
- Employees
- 7
- Location
- Hollywood, CA
- Founding
- 12/2009
- Data as of
- 12/2023
- EIN
- 26-4803469
Organization Overview
Hollywood Prayer Network Inc is located in Hollywood, CA. The organization was established in 2009. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Hollywood Prayer Network Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hollywood Prayer Network 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 12/2023, Hollywood Prayer Network Inc generated $346.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $366.6k during the year ending 12/2023. While expenses have increased by 12.8% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING AND PRAYING FOR THE PEOPLE, THE PROJECTS, AND THE POWERFUL INFLUENCE OF THE ENTERTAINMENT INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGHOUT THE YEAR, THE HOLLYWOOD PRAYER NETWORK (HPN) HOSTED A DIVERSE ARRAY OF EVENTS AIMED AT FOSTERING COMMUNITY, SPIRITUAL GROWTH, AND OUTREACH WITHIN THE HOLLYWOOD INDUSTRY. THESE EVENTS INCLUDED:MONTHLY HPN MEETUP: A GATHERING OF CREATIVES FOR SHARING, ENCOURAGEMENT, AND PRAYER, FOSTERING COMMUNITY AND SUPPORT.CHRISTMAS WORSHIP NIGHT: A BREATHTAKING CELEBRATION OF THE SEASON WITH WORSHIP AND MUSIC, ATTENDED BY OVER 150 PEOPLE, AND PROVIDED A BEAUTIFUL ENCOUNTER WITH JESUS.WEBINAR ON PROPHETIC WORSHIP: LED BY LCD STEPHEN BENNET AND TIM KIRSCHENMANN, PROVIDING INSIGHT AND GUIDANCE ON DEEPENING WORSHIP THROUGH MUSIC, WITH A FOCUS ON MINISTRY CALLING.HOME IMPROVEMENT AND HOSPITALITY SERIES: LED BY KAREN AND JIM COVELL ALONG WITH NAOMI AND KEN WAGNER, THESE PRACTICAL WORKSHOPS FOCUSED ON HOME REPAIR SKILLS AND HOSPITALITY TIPS, NURTURING BOTH PHYSICAL AND SPIRITUAL ASPECTS OF LOVING THOSE IN YOUR COMMUNITY. MEASURE FOR MEASURE MUSIC FELLOWSHIP: ENGAGING DISCUSSIONS ON THE WORK OF THOSE IN THE INDUSTRY WITH A FOCUS ON TOPICS SUCH AS ANXIETY AND WORK-LIFE BALANCE, THE BUSINESS SIDE OF MUCH AND MORE. THIS GROUP OFFERS INSIGHTS AND ENCOURAGEMENT TO ONE ANOTHER.STAGELIGHT- A BIBLE STUDY FOR ACTORS IN THE INDUSTRY WHERE THEY SPEND TIME IN DISCUSSION AND PRAYER CONCERNING GOD'S WILL FOR THEIR LIVES, GROWING IN THEIR CRAFT, AND MORE.?FINANCIAL WISDOM WORKSHOP: LED BY KELVIN DIICKERSON, THIS WORKSHOP PROVIDED VALUABLE ADVICE ON MANAGING FINANCES IN THE INDUSTRY, EMPOWERING INDIVIDUALS TO MAKE WISE FINANCIAL DECISIONS.?HPN DALLAS/FORT WORTH LAUNCH PARTY: KAREN AND JIM WERE ABLE TO ATTEND THE RELAUNCH OF THE DALLAS/FORTH WORTH HPN CHAPTER! THIS EVENT CONNECTED CHRISTIAN CREATIVES IN THE AREA, BUILDING NETWORKS AND FOSTERING PRAYER.DANCE FELLOWSHIP: HELD MONTHLY, THIS GROUP IS FOR THOSE WHO WORSHIP THROUGH DANCE AND PROVIDES A PLATFORM FOR SPIRITUAL EXPRESSION AND CONNECTION WITH OTHER DANCERS.PROLOGUE MONTHLY MEETING: BRINGING TOGETHER WRITERS FOR PRAYER, STORYTELLING, AND FELLOWSHIP, FOSTERING A SENSE OF COMMUNITY AND CREATIVITY.LOCAL CHAPTER DIRECTORS SUMMIT: A POWERFUL GATHERING OF BOTH NATIONAL AND INTERNATIONAL HPN CHAPTER DIRECTORS WHO VOLUNTEER THEIR TIME TO SHARE THE VISION OF HPN AND PRAY FOR HOLLYWOOD. NIGHT OF WORSHIP: LED BY DAN AND MICHELLE LUTZ, THESE WORSHIP NIGHTS ARE ALWAYS A TRANSFORMATIVE EXPERIENCE LED BY TALENTED WORSHIP LEADERS, INVITING PARTICIPANTS INTO A DEEPER ENCOUNTER WITH GOD THROUGH MUSIC AND PRAYER.?ONESONG MONTHLY GATHERINGS: THIS GROUP IS FOR SINGERS AND SONGWRITERS TO SHOWCASE DIVERSE MUSICAL TALENTS AND GENRES, CELEBRATE CREATIVITY AND ARTISTIC EXPRESSION AND TO PRAY FOR ONE ANOTHER!MONTAGE- THE MONTAGE EDITOR GROUP IS A DYNAMIC GATHERING OF CHRISTIAN EDITORS WITHIN THE HOLLYWOOD PRAYER NETWORK (HPN) COMMUNITY. THIS MONTHLY MEETING PROVIDES A SUPPORTIVE ENVIRONMENT FOR EDITORS TO COME TOGETHER, SHARE EXPERIENCES, AND DISCUSS THE INTERSECTION OF FAITH AND THEIR PROFESSIONAL JOURNEYS IN THE ENTERTAINMENT INDUSTRYUPSIDE DOWN COMEDY MASH-UP: PRESENTED BY HPNS UPSIDE DOWN COMEDY GROUP, THEY PRESENTED A NIGHT OF CLEAN COMEDY AND LAUGHTER FOR FAMILIES, PROVIDING WHOLESOME ENTERTAINMENT AND JOY. THERE WERE 3 COMEDY SHOWS DURING 2023.NATIONAL DAY OF PRAYER CELEBRATION: A MULTI-NIGHT CONFERENCE FOCUSED ON PRAYER AND REVIVAL IN HOLLYWOOD, UNITING BELIEVERS IN INTERCESSION FOR THE INDUSTRY.OSCARS WATCH PARTY- A NIGHT OF PRAYER AND CELEBRATION FOR THOSE IN THE FILM INDUSTRY. PRAYER WALK: A GATHERING HELD EVERY YEAR AT THE DOLBY THEATRE TO PRAY FOR THOSE WHO PLAY ANY PART IN THE OSCARS SHOW AS WELL AS THOSE NOMINATED FOR AN AWARD. . IMAGO DEI WORSHIP NIGHT: A POWERFUL NIGHT OF WORSHIP AND PRAYER, TO LIFT PRAISES TO GOD AND SEEK HIS PRESENCE.INBETWEENERS ANIMATORS GROUP- THIS GROUP MEETS MONTHLY FOR FELLOWSHIP AND PRAYER AS WELL AS LEARNING MORE TOGETHER ABOUT ANIMATION.80'S VALENTINE COMMUNITY EVENT AND DANCE PARTY: A JOYFUL CELEBRATION OF GOD'S LOVE THROUGH MUSIC, DANCE, AND FELLOWSHIP! HPN MINISTRY LEADERS DINNER: BRINGING TOGETHER LEADERS FOR FELLOWSHIP, SHARING, AND PRAYER, HONORING THEIR SERVICE AND DEDICATION TO THE HPN COMMUNITY.THESE EVENTS COLLECTIVELY DEMONSTRATE HPN'S COMMITMENT TO NURTURING SPIRITUAL GROWTH, FOSTERING COMMUNITY, AND MAKING A POSITIVE IMPACT WITHIN THE HOLLYWOOD INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Covell Executive Dir. | Officer | 40 | $60,900 |
Naima Nett Treasurer | OfficerTrustee | 0.5 | $0 |
Dean Batali Chairman | Trustee | 0.5 | $0 |
Tom Halleen Finance | Trustee | 0.5 | $0 |
Merlinda Balms Secretary | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $337,958 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $337,958 |
| Total Program Service Revenue | $0 |
| Investment income | $7,086 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,882 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $346,926 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation of current officers, directors, key employees. | $3,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,129 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,857 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,867 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $304 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,467 |
| Travel | $41,550 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,651 |
| Insurance | $3,025 |
| All other expenses | $46,051 |
| Total functional expenses | $366,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,475 |
| Savings and temporary cash investments | $68,632 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,400 |
| Net Land, buildings, and equipment | $52,401 |
| Investments—publicly traded securities | $1,626,335 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3 |
| Total assets | $1,791,246 |
| Accounts payable and accrued expenses | $2,687 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,687 |
| Net assets without donor restrictions | $1,788,489 |
| Net assets with donor restrictions | $70 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,791,246 |