Prophecy Depot Ministries
- Assets
- $46.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- La Quinta, CA
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 27-5278544
Organization Overview
Prophecy Depot Ministries is located in La Quinta, CA. The organization was established in 2011. 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. Prophecy Depot Ministries 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, Prophecy Depot Ministries generated $143.7k 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 (8.3%) each year. All expenses for the organization totaled $150.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
BOOKS & DVDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Salhus President | 55 | $0 | |
Ladd Holton Treasurer | 20 | $0 | |
Robert Holmes Director | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,367 |
| Total Program Service Revenue | $107,381 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $143,748 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $17,889 |
| Printing, publications, postage, and shipping | $1,183 |
| Other expenses | $131,657 |
| Total expenses | $150,729 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,004 |
| Other assets | $0 |
| Total assets | $45,975 |
| Total liabilities | $3,268 |
| Net assets or fund balances | $42,707 |
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