Propempo Foundation Inc
- Assets
- $481.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mechanicsburg, PA
- Founding
- Data as of
- 12/2022
- EIN
- 85-0756276
Organization Overview
Propempo Foundation Inc is located in Mechanicsburg, PA. According to its NTEE Classification (X19) the organization is classified as: Support 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. Propempo 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 12/2022, Propempo Foundation Inc generated $167.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $77.9k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROPEMPO FOUNDATION EXISTS AS A RESPONSE TO THE GREAT COMMISSION OF OUR LORD AND SAVIOR JESUS CHRIST TO GO TO THE ENDS OF THE WORLD TO PREACH THE GOSPEL AND MAKE DISCIPLES. WE USE RETURNS FROM FAITH BASED GIVING AND INVESTMENTS TO HELP LIKE MINDED CHURCH'S TO TRAIN LOCAL GOD SERVANT'S TO EQUIP AND SEND THEM TO THE MISSION FIELD, WHO IN TURN CAN PLANT THE CHURCHES AND MAKE DISCIPLES.
Describe the Organization's Program Activity:
Part 3
DONATED TO GOSPEL FELLOWSHIP OF SUSSEX TO ACHIEVE THE MISSION TO PREACH THE GOSPEL AND MAKE DISCIPLES.
DONATED TO OAKWOOK BAPTIST CHURCH TO ACHIEVE THE MISSION TO PREACH THE GOSPEL AND MAKE DISCIPLES.
DONATED TO GLOBAL OUTREACH TO ACHIEVE THE MISSION TO PREACH THE GOSPEL AND MAKE DISCIPLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Naveen Allu President | 4 | $0 | |
Pastor Gary Scott Secretary | 8 | $0 | |
Swaroopa Allu Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,450 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $38,833 |
| Total Revenue | $167,283 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,817 |
| Occupancy, rent, utilities, and maintenance | $2,570 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $66,540 |
| Total expenses | $77,927 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,302 |
| Other assets | $0 |
| Total assets | $481,590 |
| Total liabilities | $0 |
| Net assets or fund balances | $481,590 |