Power Plant Inc
- Assets
- $50.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Senatobia, MS
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 81-5289341
Organization Overview
Power Plant Inc is located in Senatobia, MS. The organization was established in 2017. 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 Plant 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 12/2021, Power Plant Inc generated $103.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 46.7% each year . All expenses for the organization totaled $58.5k during the year ending 12/2021. While expenses have increased by 29.1% per year over the past 4 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
2021
Describe the Organization's Program Activity:
Part 3
WE FULFILLED OUR MISSION IN THREE DISTINCT WAYS. HOPE: WE HAVE OUR ARMOR OF LIGHT INITIATIVE TO SERVE AS A BENEVOLENCE FUND FOR WOMEN IN NEED. HOSPITALITY: HALF OF THE YEAR WE CONTINUED OPERATING OUR GUEST HOUSE FOR RESPITE CARE SERVICES COMPLETELY FREE OF CHARGE TO WOMEN FACING BURNOUT. CAREGIVERS OF SPECIAL NEEDS DEPENDENTS PRIMARILY USED THE GUEST HOUSE. HOLISTIC APPLICATION OF GOD'S WORD: WE MAINTAIN TWO SUPPORT GROUPS THAT DO BIBLE STUDY TOGETHER, FELLOWSHIP TOGETHER, AND SHARE LIFE'S BURDENS TOGETHER. THE TWO MAIN AUDIENCES FOR THESE GROUPS ARE CAREGIVERS OF SPECIAL NEEDS INDIVIDUALS AND WOMEN ON PROBATION, TYPICALLY MONITORED BY DRUG COURT, AND STRUGGLING THROUGH ADDICTION REHABILITATION. BOOKS, RESOURCES, OUTINGS, AND AN ONGOING INVESTMENT OF TIME ARE PROVIDED AS PRACTICAL WAYS TO INSTILL HOPE TO OUR AUDIENCE OF WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jesus Christ Chairman Of The Board | 40 | $0 | |
Andrea Gehrett Vice-Chairman Of Board | 20 | $42,460 | |
Dianne Looney Treasurer | 0.1 | $0 | |
Janekelly Husband Secretary | 0.1 | $0 | |
Daphne Mcdonald Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,857 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $44,828 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,685 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,708 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,085 |
| Printing, publications, postage, and shipping | $51 |
| Other expenses | $5,893 |
| Total expenses | $58,522 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,538 |
| Other assets | $0 |
| Total assets | $50,538 |
| Total liabilities | $21 |
| Net assets or fund balances | $50,517 |