La Pieta International Prayer Group Inc
- Assets
- $22.8k
- Revenue
- $47.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Lincolnwood, IL
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 35-2540861
Organization Overview
La Pieta International Prayer Group Inc, operating under the name Lpipgi Or La Pieta International Prayer Group, is located in Lincolnwood, IL. The organization was established in 2016. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, 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. Lpipgi Or LA Pieta International Prayer Group 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, Lpipgi Or LA Pieta International Prayer Group generated $47.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.9%) each year. All expenses for the organization totaled $42.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (21.9%) per year over the past 4 years. 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
PREACHING THE MESSAGE OF BLESSED MOTHER MARY MEDICAL MISSIONS AND FEEDING THE POOR SUPPORT OF OTHER DOMESTIC AND INTERNATIONAL CHARITABLE ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLDG & OTHER CONST PROJS - DONATIONS AND PLEDGES OF $43,570 WAS RECEIVED DURING THE YEAR FROM MEMBERS OF THE ORGANIZATION TO COVER COSTS OF CONSTRUCTION OF RETREAT HOUSES AND OTHER CONSTRUCTION PROJECTS IN THE PHILIPPINES FOR PRIESTS AND MEMBERS TO USE. CONSTRUCTION OF THE PROJECT WAS STARTED IN 2021.
MISSION TRAVEL EXPENSES AND MINISTRY EXPENSES
MEDICAL MISSION - THER WERE NO MEDICAL MISSIONS TO THE PHILIPPINES DURING THE YEAR 2022 DUE TO THE PANDEMIC.
MISSION OFFERINGS - PLEDGES RECEIVED FROM MEMBERS AND OTHER FUND RAISING ACTIVITIES TO SUPPORT THE ORGANIZATION'S FEEDING OF THE POOR PROGRAM HERE AND ABROAD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Drcristito I Leyba President-Director | OfficerTrustee | 0 | $0 |
Teresita B Sagun Vice Pres-Director | OfficerTrustee | 0 | $0 |
Corazon Berena Secretary-Director | OfficerTrustee | 0 | $0 |
Edgardo C Quiso Accountant-Director | OfficerTrustee | 0 | $0 |
Antonio Berena Auditor-Director | Trustee | 0 | $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 | $208 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $208 |
| Total Program Service Revenue | $46,781 |
| 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 | $46,989 |
| 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 | $39,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $42,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,541 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $245 |
| 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 | $22,786 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $4,732 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $18,054 |
| Total liabilities and net assets/fund balances | $22,786 |