Civic Intelligence

Prayer Ventures Inc

EIN 41-1814890 • 501(c)3 • Woodbury, MN

Profile

Provide educational opportunities and materials for individuals and organizations to explore christian prayer in new and fresh ways for the purpose of spiritual growth, healing, enhancing human relationships, congregational renewal, and training people how to pray for others.

8859 Sequoia CTWoodbury, MN 55125-3503

www.prayerventures.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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

1st percentile

-5723%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

86th percentile

$2,917

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 3739.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $4,749 (-100%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $4,464 (-100%) from 2020

Revenue

Down

$78

Down $55,962 (-100%) from 2020

Expenses

Down

$4,542

Down $47,511 (-91%) from 2020

Net Income

Down

-$4,464

Down $8,451 (-212%) from 2020

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2010: $28,521Liabilities 2010: $1,686Net Assets 2010: $26,8352010Assets 2011: $26,890Liabilities 2011: $1,434Net Assets 2011: $25,4562011Assets 2012: $27,656Liabilities 2012: $1,587Net Assets 2012: $26,0692012Assets 2013: $38,224Liabilities 2013: $2,388Net Assets 2013: $35,8362013Assets 2014: $47,388Liabilities 2014: $1,879Net Assets 2014: $45,5092014Assets 2015: $56,389Liabilities 2015: $230Net Assets 2015: $56,1592015Assets 2016: $58,583Liabilities 2016: $119Net Assets 2016: $58,4642016Assets 2017: $29,516Liabilities 2017: $1,256Net Assets 2017: $28,2602017Assets 2018: $10,357Liabilities 2018: $135Net Assets 2018: $10,2222018Assets 2019: $14,863Liabilities 2019: $14,386Net Assets 2019: $4772019Assets 2020: $4,749Liabilities 2020: $285Net Assets 2020: $4,4642020Assets 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities-
Net Assets$0

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $93,757Expenses 2010: $95,752Net Income 2010: -$1,9952010Revenue 2011: $88,041Expenses 2011: $89,420Net Income 2011: -$1,3792011Revenue 2012: $93,575Expenses 2012: $92,962Net Income 2012: $6132012Revenue 2013: $107,868Expenses 2013: $98,101Net Income 2013: $9,7672013Revenue 2014: $121,063Expenses 2014: $111,526Net Income 2014: $9,5372014Revenue 2015: $119,902Expenses 2015: $110,001Net Income 2015: $9,9012015Revenue 2016: $115,860Expenses 2016: $113,555Net Income 2016: $2,3052016Revenue 2017: $98,434Expenses 2017: $128,300Net Income 2017: -$29,8662017Revenue 2018: $77,526Expenses 2018: $95,564Net Income 2018: -$18,0382018Revenue 2019: $91,087Expenses 2019: $100,832Net Income 2019: -$9,7452019Revenue 2020: $56,040Expenses 2020: $52,053Net Income 2020: $3,9872020Revenue 2021: $78Expenses 2021: $4,542Net Income 2021: -$4,4642021

Highlighted filing

2021

Revenue$78
Expenses$4,542
Net Income-$4,464

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Jul 31, 2021
Signed
Aug 3, 2021
Return Version
2020v4.0
Gross Receipts
$78
Mission and Program Overview

Mission

Provide educational opportunities and materials for individuals and organizations to explore christian prayer in new and fresh ways for the purpose of spiritual growth, healing, enhancing human relationships, congregational renewal, and training people how to pray for others.

Program Services

DescriptionGrantsExpenses
PROVIDED PRAYER APPOINTMENTS FOR INDIVIDUALS SEEKING HEALING PRAYER. PRAYER MINISTRY TEAMS PRAYED WITH PARTICIPANTS AT NON-PRAYER VENTURE EVENTS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-Executive DiFT$2,917-$2,917
JON CARLSONChair/Treasu-$0--
JANE POOLERSecretary-$0--
REV JONNA FANTZBoard Member-$0--
MARINA WEDDINGTONBoard Member-$0--
PAMELA JENSENBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Prayer Ventures Inc
EIN
41-1814890
Phone
6513081842
Address
8859 SEQUOIA CT, WOODBURY, MN 55125-3503

Signing Officer

Name
Kathy Boyes
Title
Executive Director
Signed
2021-08-03

Preparer

Firm
Akins Henke and Company
Address
600 INWOOD AVENUE NORTH SUITE 160, OAKDALE, MN 55128
Preparer
Chris Henke
Phone
6516363806
Supplemental Narrative

Additional Explanations

Form 990-ez

The organization closed its office in october 2020 and postponed programming due to covid-19. The board of directors is determining the future of the organization in 2021.

Form 990-ez, Part I, Line 8

Miscellaneous income 78 total 78

Form 990-ez, Part I, Line 16

Expenses office supplies 26 total 26

Form 990-ez, Part II, Line 24

Accounts receivable 1 0 total 1 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 285 0

Form 990-ez, Part III

Provide educational opportunities and materials for individuals and organizations to explore christian prayer in new and fresh ways for the purpose of spiritual growth, healing, enhancing human relationships, congregational renewal, and training people how to pray for others.

Raw XML Appendix193 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.

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CompensationExplanation/CompensationExplanationGrp/PersonNm2REV JONNA FANTZ
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CompensationExplanation/CompensationExplanationGrp/PersonNm4PAMELA JENSEN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5EXECUTIVE DI
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IRS990EZ/OtherExpensesTotalAmt026
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IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE EDUCATIONAL OPPORTUNITIES AND MATERIALS FOR INDIVIDUALS AND ORGANIZATIONS TO EXPLORE CHRISTIAN PRAYER IN NEW AND FRESH WAYS FOR THE PURPOSE OF SPIRITUAL GROWTH, HEALING, ENHANCING HUMAN RELATIONSHIPS, CONGREGATIONAL RENEWAL, AND TRAINING PEOPLE HOW TO PRAY FOR OTHERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED PRAYER APPOINTMENTS FOR INDIVIDUALS SEEKING HEALING PRAYER. PRAYER MINISTRY TEAMS PRAYED WITH PARTICIPANTS AT NON-PRAYER VENTURE EVENTS.
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IRS990EZ/WebsiteAddressTxt0WWW.PRAYERVENTURES.ORG
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt030360
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt025772
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt026187
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0106774
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 958
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt054167
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt077175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt060061
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt080887
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt078
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt0958
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IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
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IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0ACCOUNTING FEES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0AKINS HENKE & COMPANY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-07-08
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CLOSED ITS OFFICE IN OCTOBER 2020 AND POSTPONED PROGRAMMING DUE TO COVID-19. THE BOARD OF DIRECTORS IS DETERMINING THE FUTURE OF THE ORGANIZATION IN 2021.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MISCELLANEOUS INCOME 78 TOTAL 78
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES OFFICE SUPPLIES 26 TOTAL 26
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 1 0 TOTAL 1 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 285 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROVIDE EDUCATIONAL OPPORTUNITIES AND MATERIALS FOR INDIVIDUALS AND ORGANIZATIONS TO EXPLORE CHRISTIAN PRAYER IN NEW AND FRESH WAYS FOR THE PURPOSE OF SPIRITUAL GROWTH, HEALING, ENHANCING HUMAN RELATIONSHIPS, CONGREGATIONAL RENEWAL, AND TRAINING PEOPLE HOW TO PRAY FOR OTHERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHY BOYES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PRAYER VENTURES INC
ReturnHeader/Filer/BusinessNameControlTxt0PRAY
ReturnHeader/Filer/EIN0411814890
ReturnHeader/Filer/PhoneNum06513081842
ReturnHeader/Filer/USAddress/AddressLine1Txt08859 SEQUOIA CT
ReturnHeader/Filer/USAddress/CityNm0WOODBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd0551253503
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055128
ReturnHeader/PreparerPersonGrp/PhoneNum06516363806
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRIS HENKE
ReturnHeader/ReturnTs02021-08-09T09:47:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KATHY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BOYES
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-07-31
ReturnHeader/TaxYr02020

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