Practical Christianity Foundation
- Assets
- $67.9k
- Revenue
- $236.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Odessa, FL
- Founding
- 07/1997
- Data as of
- 06/2024
- EIN
- 59-3444993
Organization Overview
Practical Christianity Foundation is located in Odessa, FL. The organization was established in 1997. According to its NTEE Classification (X99) the organization is classified as: Religion-Related 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. Practical Christianity Foundation 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 06/2024, Practical Christianity Foundation generated $236.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $235.4k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREPARATION OF CHRISTIAN LITERATURE, RELIGIOUS DOCUMENT INTERPRETATIONS AND PUBLICATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Solomon Mekonnen Manager/writer | 40 | $77,903 | |
Philip H Castor Writer/editor | 40 | $73,665 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $225,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $11,313 |
| Other Income | $0 |
| Total Revenue | $236,313 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $163,261 |
| Pension plans, employee benefits | $2,246 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,098 |
| Printing and publications | $0 |
| Other expenses | $62,651 |
| Total operating and administrative expenses | $235,391 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $235,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,918 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $36,669 |
| Prepaid expenses and deferred charges | $1,319 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $67,906 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $8 |
| Total liabilities | $8 |