Civic Intelligence

Proverbs 226

990 • Fiscal year 2023 • EIN 45-4417763

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 06, 2024

Organization Profilewww.proverbs226.org
11 Union St SConcord, NC 28025

(631) 671-3316

Siviq Scores

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

Liabilities / Assets

76th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Net Margin

53rd percentile

15%

Higher net margin than 53% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Asset Growth

24th percentile

-11%

Faster asset growth than 24% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

65th percentile

22%

Faster revenue growth than 65% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$53,754

Down $6,538 (-11%) from 2022

Net Assets

Up

$53,754

Up $41,580 (+342%) from 2022

Liabilities

Down

$0

Down $48,118 (-100%) from 2022

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin53rd percentile

Revenue

Up

$272,607

Up $48,627 (+22%) from 2022

Expenses

Down

$231,027

Down $5,680 (-2.4%) from 2022

Net Income

Up

$41,580

Up $54,307 (+427%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2014: $3,516Net Assets 2014: $3,5162014Assets 2015: $9,571Net Assets 2015: $9,5712015Assets 2016: $25,987Liabilities 2016: $25,334Net Assets 2016: $6532016Assets 2018: $20,482Liabilities 2018: $16,205Net Assets 2018: $4,2772018Assets 2019: $20,855Liabilities 2019: $12,447Net Assets 2019: $8,4082019Assets 2020: $11,708Liabilities 2020: $12,538Net Assets 2020: -$8302020Assets 2021: $25,935Liabilities 2021: $8,318Net Assets 2021: $17,6172021Assets 2022: $60,292Liabilities 2022: $48,118Net Assets 2022: $12,1742022Assets 2023: $53,754Liabilities 2023: $0Net Assets 2023: $53,7542023Assets 2024: $39,889,964Liabilities 2024: $0Net Assets 2024: $39,889,9642024

Highlighted filing

2023

Assets$53,754
Liabilities$0
Net Assets$53,754
Open 2023 Filing

Operations Trend

Revenue Growth65th percentile

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

$60M$40M$20M$0-$20MRevenue 2014: $59,925Expenses 2014: $59,119Net Income 2014: $8062014Revenue 2015: $123,004Expenses 2015: $116,949Net Income 2015: $6,0552015Revenue 2016: $230,971Expenses 2016: $240,891Net Income 2016: -$9,9202016Revenue 2018: $354,188Expenses 2018: $366,895Net Income 2018: -$12,7072018Revenue 2019: $214,198Expenses 2019: $208,376Net Income 2019: $5,8222019Revenue 2020: $209,226Expenses 2020: $214,706Net Income 2020: -$5,4802020Revenue 2021: $215,486Expenses 2021: $195,007Net Income 2021: $20,4792021Revenue 2022: $223,980Expenses 2022: $236,707Net Income 2022: -$12,7272022Revenue 2023: $272,607Expenses 2023: $231,027Net Income 2023: $41,5802023Revenue 2024: $40,468,521Expenses 2024: $632,311Net Income 2024: $39,836,2102024

Highlighted filing

2023

Revenue$272,607
Expenses$231,027
Net Income$41,580
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 6, 2024
Return Version
2023v5.1
Gross Receipts
$272,607
Mission and Program Overview

Mission

Proverbs226 is an evidence-based non-profit committed to healing families affected by parental incarceration. We are breaking the cycle of generational incarceration and awakening the potential within each child by empowering them to pursue a sustainable career.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$227$52,273▲ $52,046
Land, Buildings, and Equipment, Net$3,431$0▼ $3,431
Cash and Non-Interest-Bearing Accounts$56,634$1,481▼ $55,153
Total Assets$60,292$53,754▼ $6,538
Liabilities
Mortgage Notes Payable Secured by Investment Property$48,118--
Total Liabilities$48,118$0▼ $48,118
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,174$53,754▲ $41,580
Total Net Assets Fund Balance$12,174$53,754▲ $41,580
Total Liabilities and Net Assets / Fund Balance$60,292$53,754▼ $6,538

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$750-
Compensation and Service Providers
Top Officer Pay95th percentile

Board Members and Trustees

NameTitle
Cyril PrabhuPresident
Daniel MichielsDirector
David AntonyDirector
Jim NashDirector
Jim SewardDirector
Paul AtkinsonDirector
Phyllis FinchDirector
Sarah JacksonDirector
Selva DevadosDirector
Catina GoodeKey Employee
Revenue and Support

Revenue Composition

Contributions and Grants
$272,607
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$272,607
Change in Net Assets
$41,580
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$85,343
Other Expenses$77,863
Grants and Similar Amounts Paid$67,821
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$38,831$38,831$0$77,662
Grants to Domestic Individuals$64,367--$64,367
Office Expenses$0$11,459$0$11,459
Travel$0$9,811$0$9,811
All Other Expenses$0$9,200$0$9,200
Occupancy$0$8,381$0$8,381
Payroll Taxes$3,840$3,841$0$7,681
Grants to Domestic Orgs$3,454--$3,454
Fees for Services Other$0$1,508$0$1,508
Other Expenses$0$541$0$541
Advertising$0$517$0$517
Total Functional Expenses$146,484$84,543$0$231,027
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Proverbs 226
EIN
45-4417763
Phone
6316713316
Address
11 Union St S, Concord, NC 28025

Signing Officer

Name
Daniel Michiels
Title
Treasurer
Phone
6316713316
Signed
2024-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cyril Prabhu
Formed
2012
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
200

Preparer

Firm
D Michiels CPA PLLC
Address
37 Union St S Ste D, Concord, NC 28025
Preparer
Daniel Michiels
Phone
9807810776
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“A copy of this filing has been provided to all current members of the board for review and approval prior to filing.”

Pt VI, Line 12C

“All board members are required to notify the board of any conflicts of interest that should arise during their tenure on the board.”

Pt VI, Line 15A

“No officers or board members currently receive compensation from the organization.”

Pt VI, Line 15B

“Employee compensation is in agreement with payscale.com and glassdoor.com average salaries for comparable positions. The board reviews and approves all salaries prior to employement.”

Raw XML AppendixShowing 400 of 401 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Proverbs226 is an evidence-based non-profit committed to healing families affected by parental incarceration. We are breaking the cycle of generational incarceration and awakening the potential within each child by empowering them to pursue a sustainable career.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0517
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt0517
IRS990/AllOtherContributionsAmt0272607
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt09200
IRS990/AllOtherExpensesGrp/ProgramServicesAmt00
IRS990/AllOtherExpensesGrp/TotalAmt09200
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Daniel Michiels
IRS990/BooksInCareOfDetail/PhoneNum06316713316
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011 Union St S Ste 103
IRS990/BooksInCareOfDetail/USAddress/CityNm0Concord
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028027
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt056634
IRS990/CashNonInterestBearingGrp/EOYAmt01481
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0272607
IRS990/CYGrantsAndSimilarPaidAmt067821
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt077863
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt041580
IRS990/CYSalariesCompEmpBnftPaidAmt085343
IRS990/CYTotalExpensesAmt0231027
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0272607
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Prison Initiative- Incarcerated parents are given the opportunity to ask their children for forgiveness and reestablish a relationship with their children, themselves and the lord.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt083567
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01508
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt01508
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt025.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Cyril Prabhu
IRS990/Form990PartVIISectionAGrp/PersonNm1Jim Nash
IRS990/Form990PartVIISectionAGrp/PersonNm2Phyllis Finch
IRS990/Form990PartVIISectionAGrp/PersonNm3Daniel Michiels
IRS990/Form990PartVIISectionAGrp/PersonNm4Paul Atkinson
IRS990/Form990PartVIISectionAGrp/PersonNm5David Antony
IRS990/Form990PartVIISectionAGrp/PersonNm6Sarah Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm7Selva Devados
IRS990/Form990PartVIISectionAGrp/PersonNm8Jim Seward
IRS990/Form990PartVIISectionAGrp/PersonNm9Catina Goode
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Key Employee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt064367
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt064367
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt03454
IRS990/GrantsToDomesticOrgsGrp/TotalAmt03454
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0272607
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0750
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03431
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0750
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0Proverbs226 is an evidence-based non-profit committed to healing families affected by parental incarceration. We are breaking the cycle of generational incarceration and awakening the potential within each child by empowering them to pursue a sustainable career.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt048118
IRS990/NetAssetsOrFundBalancesBOYAmt012174
IRS990/NetAssetsOrFundBalancesEOYAmt053754
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012174
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt053754
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt08381
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt08381
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011459
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt011459
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Miscellaneous Expenses
IRS990/OtherExpensesGrp/Desc2Transportation
IRS990/OtherExpensesGrp/Desc3Bank Charges
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1454
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3541
IRS990/OtherExpensesGrp/ProgramServicesAmt026871
IRS990/OtherExpensesGrp/ProgramServicesAmt16945
IRS990/OtherExpensesGrp/ProgramServicesAmt22176
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt026871
IRS990/OtherExpensesGrp/TotalAmt17399
IRS990/OtherExpensesGrp/TotalAmt22176
IRS990/OtherExpensesGrp/TotalAmt3541
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt038831
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt038831
IRS990/OtherSalariesAndWagesGrp/TotalAmt077662
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0227
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt052273
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03841
IRS990/PayrollTaxesGrp/ProgramServicesAmt03840
IRS990/PayrollTaxesGrp/TotalAmt07681
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Cyril Prabhu
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Kids 2 Careers- Children with incarcerated parents are granted scholarships to attend college and/or trade schools based on both merit and need.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt062917
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0223980
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0500
IRS990/PYOtherExpensesAmt0177788
IRS990/PYOtherRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-12727
IRS990/PYSalariesCompEmpBnftPaidAmt058419
IRS990/PYTotalExpensesAmt0236707
IRS990/PYTotalRevenueAmt0223980
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt041580
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0272607
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0223980
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0215486
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0209226
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0214198
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01135497
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01135497
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0272607
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0223980
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0215486
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0209226
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0214198
IRS990ScheduleA/Total509Grp/TotalAmt01135497
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01135497
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0750
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0750
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of this filing has been provided to all current members of the board for review and approval prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All board members are required to notify the board of any conflicts of interest that should arise during their tenure on the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No officers or board members currently receive compensation from the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Employee compensation is in agreement with payscale.com and glassdoor.com average salaries for comparable positions. The board reviews and approves all salaries prior to employement.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt060292
IRS990/TotalAssetsEOYAmt053754
IRS990/TotalAssetsGrp/BOYAmt060292
IRS990/TotalAssetsGrp/EOYAmt053754
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0272607
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt084543
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0146484
IRS990/TotalFunctionalExpensesGrp/TotalAmt0231027
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt048118
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt048118
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt012174
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt053754
IRS990/TotalProgramServiceExpensesAmt0146484
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0272607
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0200
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt060292
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt053754
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt09811
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt09811
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03122 Fincher Farm Rd Ste 100-531
IRS990/USAddress/CityNm0Matthews
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028105
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.proverbs226.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Daniel Michiels
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06316713316
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Proverbs 226
ReturnHeader/Filer/BusinessNameControlTxt0PROV
ReturnHeader/Filer/EIN0454417763
ReturnHeader/Filer/PhoneNum06316713316
ReturnHeader/Filer/USAddress/AddressLine1Txt011 Union St S
ReturnHeader/Filer/USAddress/CityNm0Concord
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028025
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0842249554
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0D Michiels CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt037 Union St S Ste D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Concord
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028025
ReturnHeader/PreparerPersonGrp/PhoneNum09807810776
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Daniel Michiels
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-15T05:55:48-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,754
Liabilities
$0
Net assets
$53,754
Revenue
$272,607
Expenses
$231,027
Net income
$41,580
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$39.9$0.00$39.9$40.5$0.63$39.8
2023Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.27$0.23$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.06$0.05$0.01$0.22$0.24$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.02$0.22$0.20$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00$0.21$0.21$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.01$0.21$0.21$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.00$0.35$0.37$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.00$0.23$0.24$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.12$0.12$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.06$0.06$0.00