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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jon Carlson-Chair Treasurer | 1 | $0 | |
Jane Pooler Secretary | 1 | $0 | |
Rev Jonna Fantz Board Member | 1 | $0 | |
Marina Weddington Board Member | 1 | $0 | |
Pamela Jensen Board Member | 1 | $0 | |
Name Not Listed Executive Di | 40 | $35,000 |
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 |