Civic Intelligence

Prepare Ministries

990EZ • Fiscal year 2019 • EIN 20-1905688

Jan 01, 2019 to Dec 31, 2019 • Filed on May 16, 2020

Organization Profilewww.prepareministries.com
12901 Roberts DriveEden Prairie, MN 55346

(507) 202-1280

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

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

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $417,221 (-100%) from 2018

Net Assets

Flat

$397,729

Flat from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $205,475 (-100%) from 2018

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $111,387Liabilities 2011: $16,818Net Assets 2011: $94,5692011Assets 2012: $98,534Liabilities 2012: $21,454Net Assets 2012: $77,0802012Assets 2013: $127,302Liabilities 2013: $24,773Net Assets 2013: $102,5292013Assets 2014: $153,577Liabilities 2014: $22,504Net Assets 2014: $131,0732014Assets 2015: $236,259Liabilities 2015: $27,586Net Assets 2015: $208,6732015Assets 2016: $301,992Liabilities 2016: $24,519Net Assets 2016: $277,4732016Assets 2017: $354,097Liabilities 2017: $26,010Net Assets 2017: $328,0872017Assets 2018: $417,221Liabilities 2018: $19,492Net Assets 2018: $397,7292018Assets 2019: $0Net Assets 2019: $397,7292019Assets 2020: $618,753Liabilities 2020: $18,626Net Assets 2020: $600,1272020Assets 2021: $740,510Liabilities 2021: $22,909Net Assets 2021: $717,6012021Assets 2022: $805,148Liabilities 2022: $24,848Net Assets 2022: $780,3002022Assets 2023: $904,593Liabilities 2023: $36,577Net Assets 2023: $868,0162023Assets 2024: $1,034,650Liabilities 2024: $46,304Net Assets 2024: $988,3462024

Highlighted filing

2019

Assets$0
Liabilities-
Net Assets$397,729
Open 2019 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0Expenses 2011: $208,5562011Expenses 2012: $156,5202012Revenue 2013: $185,474Expenses 2013: $160,025Net Income 2013: $25,4492013Revenue 2014: $199,373Expenses 2014: $170,829Net Income 2014: $28,5442014Revenue 2015: $259,590Expenses 2015: $181,990Net Income 2015: $77,6002015Revenue 2016: $210,273Expenses 2016: $141,473Net Income 2016: $68,8002016Revenue 2017: $211,430Expenses 2017: $160,816Net Income 2017: $50,6142017Revenue 2018: $205,475Expenses 2018: $135,833Net Income 2018: $69,6422018Revenue 2019: $02019Revenue 2020: $255,126Expenses 2020: $120,438Net Income 2020: $134,6882020Revenue 2021: $241,027Expenses 2021: $123,553Net Income 2021: $117,4742021Revenue 2022: $200,297Expenses 2022: $137,598Net Income 2022: $62,6992022Revenue 2023: $232,466Expenses 2023: $144,750Net Income 2023: $87,7162023Revenue 2024: $272,659Expenses 2024: $152,329Net Income 2024: $120,3302024

Highlighted filing

2019

Revenue$0
Expenses-
Net Income-
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 16, 2020
Return Version
2019v5.0
Mission and Program Overview

Mission

Multi-denominational campus ministry organized to strengthen the spiritual lives of college students. Prepare operates primarily through regular large-group meetings, one-to-one and small group mentoring, and local and global missions outreach.

Multi-denominational campus ministry organized to strengthen the spiritual lives of college students.

Program Services

DescriptionGrantsExpenses
Prepare held regular weekly meetings at six college campuses in the regions of Minnesota, Wisconsin and Iowa. Additionaly, Prepare facilitated small groups and mentoring relationships outside of regular meetings. In total, approximately 400 students were benefitted.--
Prepare held several conferences and events including the annual banquet, summer camel camp, regional retreats, Fall Conference, Trip to OneThing Conference, Africa Action, international mission trips, and others. In total, approximately 350 students attended.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gary GilbertsonExecutive DirectorFT$0--
Adam JohnsonChair/TreasurerPT$0--
Dennis LundquistDirector-$0--
James McCrackenDirector-$0--
Kathleen LundquistDirector-$0--
Karen OglesbyDirector-$0--
Filing and Contact Details

Filer

Filer Name
Prepare Ministries
EIN
20-1905688
Phone
5072021280
Address
12901 Roberts Drive, Eden Prairie, MN 55346

Signing Officer

Name
Adam Johnson
Title
Treasurer
Signed
2020-05-16
Supplemental Narrative

Additional Explanations

Other Assets.1010

“Inventories - Beginning $1864 Inventories - Ending $0”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $19492 Accounts Payable and Accrued Expenses - Ending $0”

Raw XML Appendix146 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Adam Johnson
IRS990EZ/BooksInCareOfDetail/PhoneNum06517640162
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt012901 Roberts Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Eden Prairie
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055346
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0415357
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0397729
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0397729
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0397729
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt050.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Gary Gilbertson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Adam Johnson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Dennis Lundquist
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3James McCracken
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Kathleen Lundquist
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Karen Oglesby
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chair/Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01864
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MULTI-DENOMINATIONAL CAMPUS MINISTRY ORGANIZED TO STRENGTHEN THE SPIRITUAL LIVES OF COLLEGE STUDENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Prepare held regular weekly meetings at six college campuses in the regions of Minnesota, Wisconsin and Iowa. Additionaly, Prepare facilitated small groups and mentoring relationships outside of regular meetings. In total, approximately 400 students were benefitted.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Prepare held several conferences and events including the annual banquet, summer camel camp, regional retreats, Fall Conference, Trip to OneThing Conference, Africa Action, international mission trips, and others. In total, approximately 350 students attended.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt019492
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.prepareministries.com
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0200547
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0209459
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0208874
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0255535
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0874415
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0911
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0489
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0175
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0161
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01736
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04018
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01483
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05159
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03894
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt014554
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0911
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0489
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0175
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0161
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01736
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0888969
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0204565
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0210942
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0214033
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0259429
IRS990ScheduleA/Total509Grp/TotalAmt0888969
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0205476
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0211431
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0214208
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0259590
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0890705
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Inventories - Beginning $1864 Inventories - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Accounts Payable and Accrued Expenses - Beginning $19492 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Assets.1010
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Total Liabilities.1001
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Adam Johnson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Prepare Ministries
ReturnHeader/Filer/BusinessNameControlTxt0PREP
ReturnHeader/Filer/EIN0201905688
ReturnHeader/Filer/PhoneNum05072021280
ReturnHeader/Filer/USAddress/AddressLine1Txt012901 Roberts Drive
ReturnHeader/Filer/USAddress/CityNm0Eden Prairie
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055346
ReturnHeader/ReturnTs02020-05-16T07:40:32-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$0
Liabilities
-
Net assets
$397,729
Revenue
$0
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.05$0.99$0.27$0.15$0.12
2023Summary only. Only limited summary data is available for this year.$0.90$0.04$0.87$0.23$0.14$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.02$0.78$0.20$0.14$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.02$0.72$0.24$0.12$0.12
2020Summary only. Only limited summary data is available for this year.$0.62$0.02$0.60$0.26$0.12$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.40$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.02$0.40$0.21$0.14$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.03$0.33$0.21$0.16$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.02$0.28$0.21$0.14$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.03$0.21$0.26$0.18$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.02$0.13$0.20$0.17$0.03
2013Summary only. Only limited summary data is available for this year.$0.13$0.02$0.10$0.19$0.16$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.02$0.08$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.02$0.09$0.21