House Of Prayer For All The Nations
- Assets
- $492.1k
- Revenue
- $337.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Northbrook, IL
- Founding
- 03/2010
- Data as of
- 12/2022
- EIN
- 30-0573588
Organization Overview
House Of Prayer For All The Nations is located in Northbrook, IL. The organization was established in 2010. According to its NTEE Classification (X01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Religion-Related and related organizations. As of 12/2022, House Of Prayer For All The Nations employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. House Of Prayer For All The Nations 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, House Of Prayer For All The Nations generated $337.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $346.0k during the year ending 12/2022. While expenses have increased by 11.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE HOPAN IS TO: DEVELOPE HOUSE OF PRAYER AND WORSHIP FOR ALL HOMELESS PEOPLE IN ORDER TO GUIDE THEM TO GOD TO REHABILITATE AND SAVE THEIR WOULDED SOULES AND THEIR LOST DIGNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
IT IS A WELL KNOWN FACT THAT NEARLY 6,500 HOMELESS AND POOR PEOPLES ARE RESIDING IN THE CHICAGO UPTOWN AREA. "THE HOUSE OF PRAYER FOR ALL THE NATIONS" WILL CONTINUOUSLY DID HELP HOMELESS PEOPLE IN EXPERIENCE PROFOUND CHANGE AND TRANSFORMATION IN CHRIST FROM THEIR "DESTRUCTIVE LIFE STYLE" THROUGH PRAYERS WORSHIP, SINGING, BIBLE STUDY, COMMUNION AND BAPTISM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Genyoung Kim Director | Trustee | 8 | $0 |
Tony K Kim Direcotr | Trustee | 8 | $0 |
David G Son Director | Trustee | 8 | $0 |
James H Won Director | Trustee | 8 | $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 | $337,135 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $337,135 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $337,135 |
| 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. | $40,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $1,200 |
| All other expenses | $299,906 |
| Total functional expenses | $346,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,046 |
| Savings and temporary cash investments | $491,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $492,093 |
| Accounts payable and accrued expenses | $795 |
| 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 | $795 |
| Net assets without donor restrictions | $491,298 |
| Net assets with donor restrictions | $0 |
| 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 | $492,093 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that House Of Prayer For All The Nations has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: Religious | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Milwaukee Muslim Womens Coalition Inc Greenfield, WI | $680,374 | $742,576 |
Amy For Africa Ashland, KY | $666,611 | $582,808 |
Catholic Mens Leadership Alliance Inc Hartland, WI | $150,464 | $465,434 |
House Of Prayer For All The Nations Northbrook, IL | $492,093 | $337,135 |
Coalition For Canceled Priests Nfp Flossmoor, IL | $453,553 | $704,949 |
Agape Help Center Inc Waupaca, WI | $922,073 | $1,035,764 |
Herbster Evangelistic Ministries Inc Kansas City, MO | $56,186 | $145,414 |
Traditional Values For Next Generations Kansas City, MO | $17,026 | $0 |
Hispanic Missionary League Inc Milwaukee, WI | $49,306 | $0 |
Altered Ministries Wentzville, MO | $16,831 | $0 |
Oneeighty Counseling And Education Inc Louisville, KY | $14,324 | $0 |
National Association For Lay Ministry Chicago, IL | $15,078 | $0 |