Family Prayer Center
- Assets
- $150.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Henderson, TX
- Founding
- 01/2015
- Data as of
- 12/2020
- EIN
- 47-2609335
Organization Overview
Family Prayer Center is located in Henderson, TX. The organization was established in 2015. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Family Prayer Center 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 12/2020, Family Prayer Center generated $81.3k 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 (5.7%) each year. All expenses for the organization totaled $68.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3
PRIMARY EXEMPT PURPOSE-RELIGIOUS, CHARITABLE, EDUCATIONAL, PHILANTHROPIC, AND BENEVOLENT PURPOSE INCLUDES CONDUCTING RELIGOUS ACTIVITES, SPREADING THE WORK OF THE GOSPEL, ASSIST THOSE IN NEEDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tina Schifsky Bower President | 40 | $0 | |
Beau Bower Vice President | 1 | $0 | |
Brittney Bransford Secretary | 40 | $0 | |
Tracy Boo Member | 1 | $0 | |
Jay Bransford Member | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,410 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,295 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $35,246 |
| Occupancy, rent, utilities, and maintenance | $300 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,917 |
| Total expenses | $68,463 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,214 |
| Other assets | $0 |
| Total assets | $150,020 |
| Total liabilities | $1,293 |
| Net assets or fund balances | $148,727 |
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