Civic Intelligence

Life of Praise Ministries

EIN 20-1457830 • 501(c)3 • Mckinney, TX

Profile

Life of praise is an international missions organizations that trains and equips christians to carry out evangelism and church planting.

2708 Travis DriveMckinney, TX 75070

www.lifeofpraise.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2019

Net Margin

9th percentile

-102%

Higher net margin than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

24th percentile

-36%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

36th percentile

-17%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$12,476

Down $6,888 (-36%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$12,476

Down $6,888 (-36%) from 2018

Operations
Liabilities / RevenueScore unavailableNet Margin9th percentile

Revenue

Down

$6,750

Down $1,352 (-17%) from 2018

Expenses

Down

$13,638

Down $10,205 (-43%) from 2018

Net Income

Up

-$6,888

Up $8,853 (+56%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth24th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2010: $58,401Net Assets 2010: $58,4012010Assets 2011: $83,630Net Assets 2011: $83,6302011Assets 2012: $165,736Net Assets 2012: $165,7362012Assets 2013: $157,554Liabilities 2013: $02013Assets 2014: $140,481Liabilities 2014: $02014Assets 2015: $127,253Net Assets 2015: $127,2532015Assets 2016: $105,763Liabilities 2016: $02016Assets 2017: $35,105Net Assets 2017: $35,1052017Assets 2018: $19,364Net Assets 2018: $19,3642018Assets 2019: $12,476Net Assets 2019: $12,4762019

Highlighted filing

2019

Assets$12,476
Liabilities-
Net Assets$12,476
Open 2019 Filing

Operations Trend

Revenue Growth36th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2010: $102,728Expenses 2010: $137,346Net Income 2010: -$34,6182010Revenue 2011: $62,017Expenses 2011: $36,788Net Income 2011: $25,2292011Revenue 2012: $147,771Expenses 2012: $65,665Net Income 2012: $82,1062012Revenue 2013: $72,711Expenses 2013: $80,893Net Income 2013: -$8,1822013Revenue 2014: $65,289Expenses 2014: $82,362Net Income 2014: -$17,0732014Revenue 2015: $68,477Expenses 2015: $81,705Net Income 2015: -$13,2282015Revenue 2016: $63,150Expenses 2016: $84,640Net Income 2016: -$21,4902016Revenue 2017: $35,405Expenses 2017: $106,063Net Income 2017: -$70,6582017Revenue 2018: $8,102Expenses 2018: $23,843Net Income 2018: -$15,7412018Revenue 2019: $6,750Expenses 2019: $13,638Net Income 2019: -$6,8882019

Highlighted filing

2019

Revenue$6,750
Expenses$13,638
Net Income-$6,888
Open 2019 Filing

Filings

Most recent year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,476
Liabilities
-
Net assets
$12,476
Revenue
$6,750
Expenses
$13,638
Net income
-$6,888
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.07$0.14$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.19$0.08$0.24$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.35$0.35$1.06$0.71
2016Summary only. Only limited summary data is available for this year.$1.06$0.00$0.63$0.85$0.21
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$1.27$0.68$0.82$0.13
2014Summary only. Only limited summary data is available for this year.$1.40$0.00$0.65$0.82$0.17
2013Summary only. Only limited summary data is available for this year.$1.58$0.00$0.73$0.81$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$1.66$1.48$0.66$0.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.84$0.62$0.37$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.58$1.03$1.37$0.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$6,750
Mission and Program Overview

Mission

Life of praise is an international missions organizations that trains and equips christians to carry out evangelism and church planting.

Program Services

DescriptionGrantsExpenses
MISSION TRIPS IN LONDON AND ABROAD$8,937-
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT TURNERPresident-$0--
ALLEN R HAINLINETreasurer-$0--
Nathan SheetsDirector-$0--
Filing and Contact Details

Filer

Filer Name
Life of Praise Ministries
EIN
20-1457830
Address
2708 TRAVIS DRIVE, MCKINNEY, TX 75070

Signing Officer

Name
Robert Turner
Title
President
Signed
2020-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Mike Oliver CPA LLC
Address
721 Justin Road Suite 101, Rockwall, TX 75087
Preparer
Mike Oliver CPA
Phone
9727716489
Supplemental Narrative

Additional Explanations

Other Expenses.1009

“Depreciation $403”

Other Expenses.1

“Missionaries' trips $8937”

Other Expenses.2

“BANK CHARGES $1527”

Other Expenses.3

“COMPUTER $40”

Other Expenses.4

“Internet / web development $31”

Other Assets.1004

“Miscellaneous - Beginning $741 Miscellaneous - Ending $339”

Raw XML Appendix148 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MIKE OLIVER CPA
IRS990EZ/BooksInCareOfDetail/PhoneNum02147641804
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0721 JUSTIN RD STE 101
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROCKWALL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075087
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018623
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt012137
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt06750
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6888
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02700
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt019364
IRS990EZ/Form990TotalAssetsGrp/EOYAmt012476
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt06750
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019364
IRS990EZ/NetAssetsOrFundBalancesEOYAmt012476
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt019364
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt012476
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT TURNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ALLEN R HAINLINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Nathan Sheets
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0741
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0339
IRS990EZ/OtherExpensesTotalAmt010938
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0LIFE OF PRAISE IS AN INTERNATIONAL MISSIONS ORGANIZATIONS THAT TRAINS AND EQUIPS CHRISTIANS TO CARRY OUT EVANGELISM AND CHURCH PLANTING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MISSION TRIPS IN LONDON AND ABROAD
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt08937
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt013638
IRS990EZ/TotalProgramServiceExpensesAmt08937
IRS990EZ/TotalRevenueAmt06750
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0WWW.LIFEOFPRAISE.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06750
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt08100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt035405
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt063150
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt063228
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0176633
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0176633
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt06750
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt08100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt035405
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt063150
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt063228
IRS990ScheduleA/Total509Grp/TotalAmt0176633
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt06750
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt08100
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt035405
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt063150
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt063228
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0176633
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Depreciation $403
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MISSIONARIES' TRIPS $8937
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK CHARGES $1527
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPUTER $40
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INTERNET / WEB DEVELOPMENT $31
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Miscellaneous - Beginning $741 Miscellaneous - Ending $339
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.1004
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT TURNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIFE OF PRAISE MINISTRIES
ReturnHeader/Filer/BusinessNameControlTxt0LIFE
ReturnHeader/Filer/EIN0201457830
ReturnHeader/Filer/USAddress/AddressLine1Txt02708 TRAVIS DRIVE
ReturnHeader/Filer/USAddress/CityNm0MCKINNEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075070
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261617004
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MIKE OLIVER CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0721 Justin Road Suite 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Rockwall
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075087
ReturnHeader/PreparerPersonGrp/PhoneNum09727716489
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mike Oliver CPA
ReturnHeader/ReturnTs02020-11-16T08:42:00-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.