Power Of Prayer Inc
- Assets
- $147.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dubuque, IA
- Founding
- 05/1977
- Data as of
- 07/2023
- EIN
- 51-0136875
Organization Overview
Power Of Prayer Inc is located in Dubuque, IA. The organization was established in 1977. 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. Power Of Prayer 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 07/2023, Power Of Prayer Inc generated $54.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $63.1k during the year ending 07/2023. While expenses have increased by 9.1% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
A RELIGIOUS ORGANIZATION THAT WORKS TO BRING ABOUT A BETTER UNDERSTANDING AND MAKE PEOPLE COGNIZANT OF THE POWER OF PRAYER BY BENEFITING THEIR SPIRITUAL WELL-BEING THROUGH: PROMOTION OF DAILY MASS; PRO-LIFE MASS EACH WEDNESDAY AT THE CENTER; PROMOTION OF FATIMA, LOURDES AND DIVINE MERCY DEVOTION; PROMOTION OF EUCHARISTIC ADORATION BY PROVIDING A TWENTY-FOUR HOUR CHAPEL FOR PERPETUAL ADORATION; AND PROMOTION OF THE ROSARY THROUGH THE WEEKLY PILGRIM VIRGIN PROGRAM AND PERPETUAL ROSARY PROGRAM AT THE CHAPEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark A Hoeger President & Director Of Board | 17 | $28,200 | |
Melissa M Noel Chapel Coord/director Of Board | 20 | $16,350 | |
William Mcdonough Chair Of Board | 4 | $0 | |
Gerald E Trimble Vice President & Director Of Board | 2 | $0 | |
Eileen Trimble Sec/treasurer & Director Of Board | 7 | $0 | |
Ruth A Daly Director Of Board | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,714 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $166 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,880 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,653 |
| Professional fees and other payments to independent contractors | $1,570 |
| Occupancy, rent, utilities, and maintenance | $3,500 |
| Printing, publications, postage, and shipping | $1,047 |
| Other expenses | $10,331 |
| Total expenses | $63,101 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,449 |
| Other assets | $0 |
| Total assets | $147,218 |
| Total liabilities | $0 |
| Net assets or fund balances | $147,218 |