Psalm 91 Inc
- Assets
- $1.1m
- Revenue
- $207.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Kalispell, MT
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-4348857
Organization Overview
Psalm 91 Inc is located in Kalispell, MT. The organization was established in 2015. According to its NTEE Classification (X19) the organization is classified as: Support N.E.C., 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. Psalm 91 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 12/2021, Psalm 91 Inc generated $207.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 62.3% each year . All expenses for the organization totaled $60.2k during the year ending 12/2021. While expenses have increased by 12.9% per year over the past 2 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
LAUNCHED BOYS & GIRLS CLUB AFTERSCHOOL PROGRAM, HELPED ESTABLISH TRAILHEAD & RESTART CHURCH, MAINTAIN A CAMPUS ENVIRONMENT FOR HERITAGE ACADEMY PROVIDING EDUCATION OPPORTUNITIES FOR THE YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKING ON DEVELOPING AN AFTER SCHOOL PROGRAM NAMED EVERGREEN ARROWS. ALLOWING SPACE FOR LOWER INCOME YOUTH A PLACE TO COME AFTER SCHOOL FOR HELP WITH HOMEWORK OR CONSTRUCTIVE SOCIAL ACTIVIES. THE ALLOCATION OF REVENUE AND EXPENSES IS BASED ON THE AMOUNT OF TIME SERVED/EVENTS HELD DEVELOPING AND PROMOTING THE PROGRAM. THIS PROGRAM IS TO WORK ALONG SIDE THE BOYS AND GIRLS CLUB ACTIVITIES AND CONTINUE TO BRING CONSTRUCTIVE ACTIVITIES TO YOUTH IN THE AREA.
LAUNCHED A BOYS AND GIRLS AFTERSCHOOL PROGRAM. HELPING YOUTH IN THE COMMUNITY WITH EDUCATION AND A CONSTRUCTIVE ENVIRONMENT FOR DEVELOPMENT. THE ALLOCATION OF REVENUE AND EXPENSES IS BASED ON THE AMOUNT OF TIME SERVED/EVENTS HELD DEVELOPING AND PROMOTING THE PROGRAM. THIS PROGRAM HAS HAD SEVERAL START AND STOPS ALONG THE WAY DUE TO COMMITTMENT CONSTRAINTS FROM VOLUNTEERS AND FUNDING LAPSES.
DEVELOPED SPACE AND HELPED ESTABLISH TRAILHEAD & RESTART CHURCH. PROVIDING THE COMMUNITY WITH OPPORTUNITIES FOR WORSHIP AND A PLACE TO FEEL CONNECTED TO COMMUNITY DEVELOPMENT. THE ALLOCATION OF REVENUE AND EXPENSES IS BASED ON THE AMOUNT OF TIME SERVED/EVENTS HELD DEVELOPING AND PROMOTING THE PROGRAM. THIS PROGRAM HAS SEEN STEADY CONTINUED GROWTH WITH COMMUNITY INVOLVEMENT AND HAS RECENTLY BEEN SUPPORTED BY ADDITIONAL VOLUNTEERS TO CONTINUE REACHING THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Herzog President | OfficerTrustee | 10 | $0 |
Walter Gipe Treasurer | OfficerTrustee | 25 | $0 |
Robert Thornton Vice President | OfficerTrustee | 20 | $0 |
Misty Herzog Secretary | OfficerTrustee | 50 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,800 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $204,291 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $215,091 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$7,497 |
| 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 | $207,594 |
| 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. | $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 | $350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,311 |
| Advertising and promotion | $21,650 |
| 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 | $29,828 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $60,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,802 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $881,976 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,062,778 |
| 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 | $812,663 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $812,663 |
| Net assets without donor restrictions | $0 |
| 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 | $27,641 |
| Retained earnings, endowment, accumulated income, or other funds | $222,474 |
| Total liabilities and net assets/fund balances | $1,062,778 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Psalm 91 Inc has recieved totaling $50,022.
| Awarding Organization | Amount |
|---|---|
Foundation For Christian Schools Kalispell, MT PURPOSE: OPERATIONAL SUPPORT | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Burnt Folk Ministry Stevensville, MT | $290,502 | $320,513 |
Old Faithful Christian Ranch Inc Idaho Falls, ID | $618,350 | $232,784 |
Asian Crescent Partners Billings, MT | $179,340 | $259,622 |
Immanuel Foundation Kalispell, MT | $641,758 | $374,691 |
Cross Centered Missions Pierre, SD | $63,204 | $0 |
Maranatha Community Center Incorporated Idaho Falls, ID | $0 | $58,380 |
Psalm 91 Inc Kalispell, MT | $1,062,778 | $207,594 |
Minidoka Christian Education Association Inc Rupert, ID | $130,193 | $0 |
Idaho Mennonite Relief Sale Inc Meridian, ID | $11,687 | $0 |
Methodist Counseling Center Incorporated Boise, ID | $3,678 | $0 |