Tabernacle Of Praise Prophetic Ministries Inc
- Assets
- $362.0
- Revenue
- $324.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfield, CT
- Founding
- Data as of
- 12/2022
- EIN
- 86-3991978
Organization Overview
Tabernacle Of Praise Prophetic Ministries Inc is located in Fairfield, CT. 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. Tabernacle Of Praise Prophetic 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 12/2022, Tabernacle Of Praise Prophetic Ministries Inc generated $324.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $325.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TABERNACLE OF PRAISE PROPHETIC MINISTRIES' MISSION IS TO EMPOWER AND EQUIP PEOPLE TO WALK IN THE LIFE, LIBERTY, AND VICTORY THAT GOD HAS DESTINED FOR THEM, THROUGH THE SAVING GRACE OF OUR LORD JESUS CHRIST; AND TO RAISE THE BANNER OF PRAISE UNTO GOD GLOBALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE GATHER FOR SERVICE VIRTUALLY ON WEDNESDAY AND SATURDAY AT 12:00 PM EVERY WEEK. THEY INCLUDE A TIME OF PRAYER, SINGING, FELLOWSHIP, AND A SERMON. SERVICES TYPICALLY INCLUDE ADULTS AND CHILDREN AROUND THE WORLD FROM THE US, CANADA, NIGERIA, EGYPT, KENYA, UGANDA, SOUTH AFRICA AND MORE. WE ALSO MEET LOCALLY AT OUR FAIRFIELD, CT LOCATION ON MONDAYS AT 1PM. OUR CHURCH SERVICES OFFER OUR MEMBERS AND ATTENDEES THE OPPORTUNITY TO GIVE AN OFFERING TO SUPPORT THE WORK OF GOD THROUGH OUR MINISTRY/ORGANIZATION. THE DONORS GIVE AS GOD LEADS THEM IN THEIR HEART.
AS PART OF OUR COMPASSION OUTREACH, WE BELIEVE IN BEING THE HANDS AND FEET OF OUR LORD JESUS BY HELPING OUR MEMBERS AND PEOPLE IN OUR COMMUNITIES THROUGH TOUGH TIMES
OUR INTERNATIONAL OUTREACH WAS FOCUSED ON SEVERAL COUNTRIES WITHIN THE NATION OF AFRICA, INCLUDING NIGERIA, KENYA, UGANDA AND GHANA. SUPPORTING ACTIVITIES INCLUDED MISSIONS ACTIVITIES TO REACH THE POOR, WIDOWS, ORPHANS AND THOSE NOT SERVED BY A CHURCH TODAY; HOLDING CONFERENCES AND CRUSADES TO PREACH THE GOSPEL, PRAY FOR THE SICK AND BROKENHEARTED AND TO REVIVE CHURCHES THAT HAVE LOST THEIR PASSION FOR GOD; HOLDING MEETINGS WITH PASTORS AND LEADERS TO ENCOURAGE, TRAIN AND EQUIP THEM TO BE MORE EFFECTIVE AND EMPOWERED TO CARRY OUT THEIR GOD-GIVEN CALLINGS; CONTINUED BUILDING OF THE CHURCH IN LAGOS, NIGERIA; ESTABLISHING AND CONDUCTING CHURCH SERVICES ON THE CHURCH PROPERTY IN NIGERIA. IN ADDITION, OUR PRESIDENT TRAVELLED TO KENYA TO MEET WITH THE NIGERIAN LEADERS AND KENYAN LEADERS AND MEMBERS OF TABERNACLE OF PRAISE PROPHETIC MINISTRIES TO SUPPORT, ENGAGE IN AND RECEIVE UPDATES ON THE GOSPEL WORK GOING ON IN KENYA AND NIGERIA (AS MENTIONED ABOVE)
WE CONTRIBUTED TITHES AND OFFERINGS DOMESTICALLY TO OTHER WELL-ESTABLISHED MINISTRIES/ ORGANIZATIONS THAT WE BELIEVE ARE IN-LINE WITH OUR MINISTRY, TO EFFECTIVELY SPREAD THE GOSPEL OF JESUS CHRIST
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dianne Bae President | Officer | 15 | $0 |
Powan Liew Secretary | Officer | 2 | $0 |
Ifeanyi Umeugo Treasurer | Officer | 2 | $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 | $324,380 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $324,380 |
| Total Program Service Revenue | $0 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $324,391 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,500 |
| Grants and other assistance to domestic individuals. | $500 |
| Grants and other assistance to Foreign Orgs/Individuals | $287,700 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,041 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,557 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $325,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $362 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $362 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $362 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $362 |