Our Lady Of Divine Providence House Of Prayer Foundation Inc
- Assets
- $11.8m
- Revenue
- $424.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Clearwater, FL
- Founding
- 08/1994
- Data as of
- 06/2021
- EIN
- 59-3208709
Organization Overview
Our Lady Of Divine Providence House Of Prayer Foundation Inc is located in Clearwater, FL. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Lady Of Divine Providence House Of Prayer Foundation 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 06/2021, Our Lady Of Divine Providence House Of Prayer Foundation Inc generated $424.0k 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 (13.1%) each year. All expenses for the organization totaled $503.8k during the year ending 06/2021. 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
THE ORGANIZATION SOLICITS FUNDS FOR SCIENTIFIC, EDUCATION AND OTHER CHARITABLE PURPOSES AND ALSO HOLDS REAL ESTATE FOR RENTAL TO OUR LADY OF DIVINE PROVIDENCE HOUSE OF PRAYER, INC. (A RELIGIOUS ORGANIZATION). THE ORGANIZATION ALSO MAKES GRANTS TO THIS RELIGIOUS ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PURPOSE IS TO SOLICIT AND RECEIVE FUNDS AND TO ACQUIRE, HOLD AND DISPOSE OF REAL ESTATE AND UTILIZE THE SAME FOR THE SUPPORT OF OUR LADY OF DIVINE PROVIDENCE HOUSE OF PRAYER, INC., A RELIGIOUS ORGANIZATION, AND FOR ALL LAWFUL CHARITABLE PURPOSES INCIDENT THERETO, AND OTHERWISE OPERATE EXCLUSIVELY FOR CHARITABLE OR EDUCATIONAL PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Goodwin President | OfficerTrustee | 10 | $0 |
Mary Sue Mooney Vice-President | OfficerTrustee | 10 | $0 |
Jeannie Renfrow Treasurer | OfficerTrustee | 0.5 | $0 |
Jared Brown Secretary | OfficerTrustee | 0.5 | $0 |
Paul Reilly Director | Trustee | 0.5 | $0 |
FR Joseph Waters Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,688 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,688 |
| Total Program Service Revenue | $146,347 |
| Investment income | $44,119 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $231,883 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $424,037 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $144,000 |
| 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 | $2,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,593 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $88 |
| 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 | $266,394 |
| Insurance | $64,500 |
| All other expenses | $0 |
| Total functional expenses | $503,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $225,646 |
| 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 | $12,888 |
| Net Land, buildings, and equipment | $8,089,647 |
| Investments—publicly traded securities | $3,439,739 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $68,445 |
| Total assets | $11,836,365 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $148,652 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $11,687,713 |
| Total liabilities and net assets/fund balances | $11,836,365 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Our Lady Of Divine Providence House Of Prayer Foundation Inc has recieved totaling $56,500.
| Awarding Organization | Amount |
|---|---|
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL USE | $40,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $15,500 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $1,000 |
Endowment Analysis
| Beg. Balance | $2,561,968 |
| Earnings | $882,430 |
| Admin Expense | $25,571 |
| Grants | $60,000 |
| Ending Balance | $3,358,827 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Emergency Assistance Foundation Inc West Palm Beach, FL | $75,784,415 | $87,494,207 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Truist Foundation Inc Orlando, FL | $535,253,915 | $119,578,224 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Publix Super Markets Charities Inc Lakeland, FL | $259,322,738 | $58,315,085 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |
Goizueta Foundation Inc Atlanta, GA | $444,757,286 | $34,966,270 |