Civic Intelligence

Preacherhead Ministries Inc

EIN 45-5435449 • 501(c)3 • Chicago, IL

Profile

The vision of Preacherhead ministries is to spread the gospel of Jesus Christ throughout the world and provide relief to the homeless, poor, and needy.

7427 S Shore Drive Apt 4AChicago, IL 60609

www.preacherhead.org

Siviq Scores

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

Liabilities / Assets

91st percentile

0.70x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

0.28x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

17th percentile

-35%

Higher net margin than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

82nd percentile

36%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

44th percentile

-8.2%

Faster revenue growth than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$34,535

Down $20,869 (-38%) from 2022

Liabilities

Flat

$2,000

Flat from 2022

Net Assets

Down

$32,535

Down $20,869 (-39%) from 2022

Operations
Liabilities / Revenue89th percentileNet Margin17th percentile

Revenue

Down

$127,909

Down $66,250 (-34%) from 2022

Expenses

Down

$148,331

Down $11,750 (-7.3%) from 2022

Net Income

Down

-$20,422

Down $54,500 (-160%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth82nd percentile

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

$60K$40K$20K$0Assets 2013: $3,057Liabilities 2013: $02013Assets 2019: $7,782Net Assets 2019: $7,8822019Assets 2020: $17,150Liabilities 2020: $2,000Net Assets 2020: $15,1502020Assets 2022: $55,404Liabilities 2022: $2,000Net Assets 2022: $53,4042022Assets 2023: $34,535Liabilities 2023: $2,000Net Assets 2023: $32,5352023

Highlighted filing

2023

Assets$34,535
Liabilities$2,000
Net Assets$32,535
Open 2023 Filing

Operations Trend

Revenue Growth44th percentile

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

$200K$100K$0-$100KRevenue 2013: $13,211Expenses 2013: $10,465Net Income 2013: $2,7462013Revenue 2019: $19,264Expenses 2019: $19,341Net Income 2019: -$772019Revenue 2020: $48,636Expenses 2020: $41,268Net Income 2020: $7,3682020Revenue 2022: $194,159Expenses 2022: $160,081Net Income 2022: $34,0782022Revenue 2023: $127,909Expenses 2023: $148,331Net Income 2023: -$20,4222023

Highlighted filing

2023

Revenue$127,909
Expenses$148,331
Net Income-$20,422
Open 2023 Filing

Filings

Most recent year

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

Open filing
Assets
$34,535
Liabilities
$2,000
Net assets
$32,535
Revenue
$127,909
Expenses
$148,331
Net income
-$20,422
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.35$0.02$0.33$1.28$1.48$0.20
2022Detailed filing. Detailed filing data is available for this year.$0.55$0.02$0.53$1.94$1.60$0.34
2020Detailed filing. Detailed filing data is available for this year.$0.17$0.02$0.15$0.49$0.41$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.19$0.19$0.00
2013Summary only. Only limited summary data is available for this year.$0.03$0.00$0.13$0.10$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 7, 2024
Return Version
2023v5.0
Gross Receipts
$128,950
Mission and Program Overview

Mission

The vision of Preacherhead ministries is to spread the gospel of Jesus Christ throughout the world and provide relief to the homeless, poor, and needy.

Preaching through the holy bible, outreach and music. Providing help to sick,homeless,needy people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,023$28,140▲ $24,117
Land, Buildings, and Equipment, Net$2,924$3,052▲ $128
Accounts Receivable-$1,296-
Cash and Non-Interest-Bearing Accounts$47,257$847▼ $46,410
Total Assets$55,404$34,535▼ $20,869
Other Assets Total$1,200$1,200→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,000$2,000→ $0
Total Liabilities$2,000$2,000→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,023$28,140▲ $24,117
Net Assets Without Donor Restrictions$49,381$4,395▼ $44,986
Total Net Assets Fund Balance$53,404$32,535▼ $20,869
Total Liabilities and Net Assets / Fund Balance$55,404$34,535▼ $20,869

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,252--
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Stevie RobinsoPresident
Tamara ClaiborSecretary
Gregory HolcomTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$128,670
Program Service Revenue
$0
Investment Income
$3
Other Revenue
$-764
All Other Contributions
$104,956
Change in Net Assets
$-20,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$75,845
Other Expenses$71,063
Total Fundraising Expense$31,513
Professional Fundraising Fees$1,423
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$75,845--$75,845
All Other Expenses--$23,551$23,551
Other Expenses$5,164$5,164$5,902$16,230
Advertising-$5,344-$5,344
Office Expenses-$1,589-$1,589
Conferences and Meetings-$1,580-$1,580
Fees for Services Legal-$1,500-$1,500
Fees for Services Professional Fundraising--$1,423$1,423
Travel-$1,162-$1,162
Insurance-$245-$245
Information Technology-$71-$71
Total Functional Expenses$99,651$17,167$31,513$148,331
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,423

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Concert$23,713$23,713$10,051$13,662
Total Events$23,713$23,713$23,551$162
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
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11A

“Governance,management and disclosure board members are emailed copies of all documents”

Filing and Contact Details

Filer

Filer Name
Preacherhead Ministries Inc
EIN
45-5435449
Address
7427 S SHORE DRIVE APT 4A, CHICAGO, IL 60609

Signing Officer

Name
Tamara Claiborne
Title
Secretary
Phone
7738054057
Signed
2024-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stevie Robinson
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
0
Employees
0

Preparer

Firm
Holcomb Accounting and Taxes
Address
312 JUNIPER STREET, PARK FOREST, IL 60466
Preparer
Gregory Holcomb
Phone
7732892179
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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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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0128670
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt032535
IRS990/TotalProgramServiceExpensesAmt099651
IRS990/TotalRevenueGrp/ExclusionAmt0-764
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0127909
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IRS990/TravelGrp/ManagementAndGeneralAmt01162
IRS990/TravelGrp/TotalAmt01162
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
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IRS990/WebsiteAddressTxt0WWW.PREACHERHEAD.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TAMARA CLAIBORNE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum07738054057
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PREACHERHEAD MINISTRIES INC
ReturnHeader/Filer/BusinessNameControlTxt0PREA
ReturnHeader/Filer/EIN0455435449
ReturnHeader/Filer/USAddress/AddressLine1Txt07427 S SHORE DRIVE APT 4A
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0861761398
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOLCOMB ACCOUNTING AND TAXES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0312 JUNIPER STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PARK FOREST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060466
ReturnHeader/PreparerPersonGrp/PhoneNum07732892179
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY HOLCOMB
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-21T06:56:35-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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