Powerhouse Ministries
- Assets
- $34.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Hermitage, TN
- Founding
- 06/2001
- Data as of
- 12/2021
- EIN
- 62-1799718
Organization Overview
Powerhouse Ministries is located in Hermitage, TN. The organization was established in 2001. 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. As of 12/2021, Powerhouse Ministries employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Powerhouse Ministries 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, Powerhouse Ministries generated $117.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $181.3k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE MISSION OF POWERHOUSE MINISTRIES IS TO TEACH THE GOSPEL THROUGH SPEAKING ENGAGEMENTS AND WORSHIP, PERSONAL MINISTRY AND HELP TO THE POOR AND NEEDY. SPEAKING AND WORSHIP ENGAGEMENTS CAN BE HOSTED BY POWERHOUSE MINISTRIES AS WELL AS FULFILLING INVITATIONS TO MINISTER ELSEWHERE, BOTH IN THE US AND ABROAD. CLASSROOM SETTINGS ARE ALSO OFFERED, FREE OF CHARGE, FOR INDIVIDUALS TO LEARN HOW TO MINISTER TO OTHERS. PERSONAL MINISTRY IS PROVIDED IN CHURCHES, THE POWERHOUSE MINISTRIES OFFICES AND RETREAT CENTER, PLACES OF BUSINESS (WHERE WE MIGHT PRAY FOR EMPLOYEES OR THE WORKPLACE), IN THE STREETS AND THROUGH OUTREACHES. ASSISTANCE IS ALSO PROVIDED TO THE POOR AND NEEDY THROUGH DONATED PROVISIONS AND IS DISPERSED THROUGHOUT THE U.S. AND ABROAD, THROUGH FOREIGN MISSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shane Anthony Womer Vice-Pres/tr | 50 | $23,163 | |
Sandra B Powell President & | 60 | $12,000 | |
Cheryl C Hall Secretary/di | 1 | $0 | |
Bill Butler Director | 0.25 | $0 | |
Richard Reeves Advisor | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,808 |
| Total Program Service Revenue | $17,209 |
| Membership dues | $0 |
| Investment income | $18,134 |
| Gain or Loss | -$37,617 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $117,337 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,048 |
| Professional fees and other payments to independent contractors | $2,425 |
| Occupancy, rent, utilities, and maintenance | $62,040 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,192 |
| Total expenses | $181,285 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,579 |
| Other assets | $0 |
| Total assets | $34,532 |
| Total liabilities | $42,995 |
| Net assets or fund balances | -$8,463 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Powerhouse Ministries has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation For Greater Buffalo Inc Buffalo, NY PURPOSE: UNRESTRICTED USE | $5,000 |
Peer Organizations
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|---|---|---|
World Help Forest, VA | $11,135,096 | $40,493,708 |
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Choice Books Of Northern Virginia Inc Bristow, VA | $30,496,266 | $18,835,763 |
Reaching Unreached Nations Inc Virginia Beach, VA | $5,800,346 | $15,911,313 |
Precept Ministries Of Reach Out Inc Chattanooga, TN | $10,987,140 | $15,669,576 |
Lake Junaluska Assembly Inc Lake Junaluska, NC | $31,377,440 | $12,754,761 |
Holy Angels Inc Belmont, NC | $12,927,862 | $9,334,354 |
Impact 360 Institute Inc Atlanta, GA | $4,530,260 | $9,934,364 |
Joshua Fund McLean, VA | $5,014,805 | $7,059,858 |
Proverbs 31 Ministry Inc Matthews, NC | $13,247,275 | $7,018,606 |
Ssm Health Foundation St Louis St Louis, MO | $35,477,442 | $11,468,412 |
Campus Outreach Serve Inc Hoover, AL | $4,070,578 | $8,268,154 |