Prayer Ventures Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodbury, MN
- Founding
- 10/1995
- Data as of
- 07/2021
- EIN
- 41-1814890
Organization Overview
Prayer Ventures Inc is located in Woodbury, MN. The organization was established in 1995. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. Prayer Ventures 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 07/2021, Prayer Ventures Inc generated $78.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (70.6%) each year. All expenses for the organization totaled $4.5k during the year ending 07/2021. 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
PROVIDED PRAYER APPOINTMENTS FOR INDIVIDUALS SEEKING HEALING PRAYER. PRAYER MINISTRY TEAMS PRAYED WITH PARTICIPANTS AT NON-PRAYER VENTURE EVENTS.
PROVIDED PRAYER APPOINTMENTS FOR INDIVIDUALS SEEKING HEALING PRAYER. PRAYER MINISTRY TEAMS PRAYED WITH PARTICIPANTS AT NON-PRAYER VENTURE EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Executive Di | 40 | $2,917 | |
Jon Carlson-Chair Treasurer | 1 | $0 | |
Pamela Jensen Board Member | 1 | $0 | |
Jane Pooler Secretary | 1 | $0 | |
Marina Weddington Board Member | 1 | $0 | |
Rev Jonna Fantz Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,167 |
| Total Program Service Revenue | $1,823 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $78 |
| Total Revenue | $78 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,917 |
| Professional fees and other payments to independent contractors | $1,599 |
| Occupancy, rent, utilities, and maintenance | $4,194 |
| Printing, publications, postage, and shipping | $235 |
| Other expenses | $26 |
| Total expenses | $4,542 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,748 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $285 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Prayer Ventures Inc has recieved totaling $15,350.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $15,350 |
Peer Organizations
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|---|---|---|
Siebert Lutheran Foundation Inc Milwaukee, WI | $97,193,025 | $11,548,581 |
International Messengers Clear Lake, IA | $5,781,763 | $6,946,691 |
American Lutheran Church Elk Horn, IA | $6,340,352 | $5,973,020 |
Training Leaders International Minneapolis, MN | $2,737,195 | $5,107,369 |
Vcy America Inc Milwaukee, WI | $9,863,404 | $4,388,148 |
Thrivent Financial for Lutherans Foundation Minneapolis, MN | $0 | $8,333,726 |
International Fellowship Of Evangelical Students Usa Inc Madison, WI | $6,456,796 | $6,176,291 |
Wisconsin Evangelical Lutheran Synod Kingdom Workers Inc Waukesha, WI | $3,918,278 | $4,689,109 |
Lutheran Assoc Of Missionaries And Pilots U S Inc Brookfield, WI | $3,097,954 | $2,815,671 |
Presbyterian Student Center Foundation Madison, WI | $14,924,897 | $2,498,602 |
Lutheran Brethren Woodland Lodge Inc Fergus Falls, MN | $3,043,872 | $1,494,856 |
The Family Radio Network Inc Appleton, WI | $3,959,785 | $2,229,878 |