Concerts Of Prayer International Inc
- Assets
- $217.7k
- Revenue
- $284.3k
- Investments
- $0.0
- Employees
- 2
- Location
- New Providence, NJ
- Founding
- 05/1994
- Data as of
- 12/2021
- EIN
- 41-1635421
Organization Overview
Concerts Of Prayer International Inc, operating under the name Proclaim Hope, is located in New Providence, NJ. The organization was established in 1994. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Proclaim Hope employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Proclaim Hope 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, Proclaim Hope generated $284.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $324.5k during the year ending 12/2021. While expenses have increased by 7.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROCLAIM HOPE SERVES THE CHURCH THROUGH A HOST OF CREATIVE MINISTRIES DESIGNED "TO PROCLAIM THE FULL EXTENT OF CHRIST'S SUPREMACY AND TO EMPOWER OTHERS TO THE SAME". WE ARE DEDICATED EXCLUSIVELY TO FOSTERING AND SERVING A NATIONWIDE CHRIST-AWAKENING MOVEMENT, THE GOD-GIVEN HOPE FOR WHICH MULTITUDES CURRENTLY ARE PRAYING AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTERING, ASSISTING AND MOBILIZING MOVEMENTS OF UNITED PRAYER THAT SEEK GOD FOR THE BIBLICAL SPIRITUAL AWAKENING AND WORLDWIDE EVANGELISM IN THIS GENERATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Bryant Chairman | OfficerTrustee | 40 | $98,732 |
Robyne Bryant Trustee | Trustee | 20 | $3,308 |
Joanne Turner Treasurer | OfficerTrustee | 1 | $0 |
Rev David Beidel Trustee | Trustee | 0.5 | $0 |
Robert Dinerman Trustee | Trustee | $0 | |
Dee Eastman Trustee | Trustee | 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 | $278,635 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $278,635 |
| Total Program Service Revenue | $81 |
| Investment income | $1,259 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,517 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$239 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $284,253 |
| 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. | $146,397 |
| Compensation of current officers, directors, key employees. | $33,671 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $253 |
| 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 | $16,271 |
| Office expenses | $5,924 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,712 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $187 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,562 |
| All other expenses | $0 |
| Total functional expenses | $324,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,937 |
| Savings and temporary cash investments | $1 |
| 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 | $33,493 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $112,248 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $217,679 |
| 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 | $8,720 |
| Other liabilities | $25,829 |
| Total liabilities | $34,549 |
| Net assets without donor restrictions | $183,130 |
| 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 | $217,679 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Concerts Of Prayer International Inc has recieved totaling $45,000.
| Awarding Organization | Amount |
|---|---|
The Findlay-Hancock County Community Foundation Findlay, OH PURPOSE: SUPPORT | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $15,000 |
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|---|---|---|
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The Pottstown Cluster Of Religious Communities Pottstown, PA | $2,620,724 | $10,453,372 |
Evangelical Lutheran Church In America Bala Cynwyd, PA | $32,181,411 | $7,233,386 |
Liberty Ministries Schwenksville, PA | $7,484,398 | $10,564,649 |
Infaith Exton, PA | $8,050,176 | $8,512,203 |
Faith And Liberty Discovery Center Llc Philadelphia, PA | $52,138,123 | $36,453,224 |
The Lehigh Conference Of Churches Allentown, PA | $5,159,637 | $6,852,485 |
Family Life Ministries Inc Bath, NY | $17,860,923 | $9,093,458 |