Praise Center Ministries Inc

Organization Overview

Praise Center Ministries Inc is located in Jenks, OK. The organization was established in 1984. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2020, Praise Center Ministries Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Praise Center Ministries 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 12/2020, Praise Center Ministries Inc generated $592.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $518.9k during the year ending 12/2020. While expenses have increased by 4.7% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PREACH GOSPEL OF JESUS CHRIST

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING 2020, DUE TO THE PANDEMIC, THIS ORGANIZATION CONDUCTED LIMITED SERVICES TWICE A WEEK VIA FACEBOOK. WE MAINTAINED RESTRICTED OFFICE ASSISTANCE FOR CONDUCTING BUSINESS, AND EMERGENCY CALLS FOR MINISTERING TO AND HELPING AS NEEDED. REGULAR MINISTRY ACTIVITIES AND PROGRAMS WERE SCHEDULED FOR WHEN RESTRICTIONS ARE LIFTED AND IT IS DEEMED SAFE.


DONATED TO MISSIONARIES AND TO OTHER 501 (C)(3) ORGANIZATIONS TO HELP THEM ACCOMPLISH THEIR EXEMPT PURPOSE.


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Board, Officers & Key Employees

Name (title)Compensation
Anthony R Lynn
President
$79,240
Linda Pereff
Secretarytreasurer
$24,286
Joan Lynn
Board Member
$17,616
Vickie Lynn
Vice President
$7,850
Ken Harris
Board Member
$0
Luis Torres
Board Member
$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$590,923
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$590,923
Total Program Service Revenue$0
Investment income $9
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$626
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $2,045
Miscellaneous Revenue$0
Total Revenue $592,467

Grants Awarded

Over the last fiscal year, Praise Center Ministries Inc has awarded $10,685 in support to 2 organizations.

Grant RecipientAmount

ABUNDANT LIFE MISSIONS

Org PageRecipient Profile

Sibley, LA

PURPOSE: MEDICAL & FOOD ASSITANCE

$5,600

DAVE ROEVER EVANGELISTIC ASSOCIATIO

Org PageRecipient Profile

Mustang, OK

PURPOSE: MEDICAL & SPIRITUAL HEALING ASSISTANCE

$5,085
View Grant Profile

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