Civic Intelligence

40 Day Prayer Covenant Inc

990EZ • Fiscal year 2013 • EIN 46-1517204

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 17, 2014

7265 Hollywood Dr45069

(513) 521-6227

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

81st percentile

25%

Higher net margin than 81% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

80th percentile

$15,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 15.4% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

$24,467

No earlier filing loaded for comparison.

Net Assets

$24,116

No earlier filing loaded for comparison.

Liabilities

$351

No earlier filing loaded for comparison.

Revenue

$97,531

No earlier filing loaded for comparison.

Expenses

$73,415

No earlier filing loaded for comparison.

Net Income

$24,116

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $24,467Liabilities 2013: $351Net Assets 2013: $24,1162013Assets 2014: $7,819Net Assets 2014: $7,8192014Assets 2015: $24,356Liabilities 2015: $8,002Net Assets 2015: $16,3542015Assets 2016: $12,572Liabilities 2016: $0Net Assets 2016: $12,5722016Assets 2017: $211,637Liabilities 2017: $0Net Assets 2017: $211,6372017Assets 2018: $378,342Liabilities 2018: $12,036Net Assets 2018: $366,3062018Assets 2019: $567,128Liabilities 2019: $11,853Net Assets 2019: $555,2752019Assets 2020: $433,338Liabilities 2020: $159Net Assets 2020: $433,1792020Assets 2021: $476,180Liabilities 2021: $21,646Net Assets 2021: $454,5342021Assets 2022: $82,037Liabilities 2022: $18,670Net Assets 2022: $63,3672022Assets 2023: $51,961Liabilities 2023: $1,993Net Assets 2023: $49,9682023Assets 2024: $105,348Liabilities 2024: $1,504Net Assets 2024: $103,8442024

Highlighted filing

2013

Assets$24,467
Liabilities$351
Net Assets$24,116

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $97,531Expenses 2013: $73,415Net Income 2013: $24,1162013Revenue 2014: $153,304Expenses 2014: $169,601Net Income 2014: -$16,2972014Revenue 2015: $193,761Expenses 2015: $193,542Net Income 2015: $2192015Revenue 2016: $281,027Expenses 2016: $284,495Net Income 2016: -$3,4682016Revenue 2017: $491,044Expenses 2017: $309,042Net Income 2017: $182,0022017Revenue 2018: $974,347Expenses 2018: $819,678Net Income 2018: $154,6692018Revenue 2019: $710,572Expenses 2019: $521,603Net Income 2019: $188,9692019Revenue 2020: $370,755Expenses 2020: $492,851Net Income 2020: -$122,0962020Revenue 2021: $718,408Expenses 2021: $697,053Net Income 2021: $21,3552021Revenue 2022: $272,235Expenses 2022: $663,402Net Income 2022: -$391,1672022Revenue 2023: $163,188Expenses 2023: $176,587Net Income 2023: -$13,3992023Revenue 2024: $206,784Expenses 2024: $152,908Net Income 2024: $53,8762024

Highlighted filing

2013

Revenue$97,531
Expenses$73,415
Net Income$24,116
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 17, 2014
Return Version
2013v3.1
Gross Receipts
$97,531
Mission and Program Overview

Mission

The "40 day prayer covenant" is a covenant or agreement that an individual personally makes with the lord to change his or her prayer practice by spending at least 40 days in devotional prayer with the lord to establish a habit of habitual prayer. Our belief is that it takes 40 days to change or develop a habit and changing prayer habits is like changing other habits. To meet its purpose, 40 day prayer covenant will concentrate in four particular areas: 1) prayer training resource development; 2) an easily accessible website that offers instruction, encouragement and prayer time charting, and social media wherein other prayer warriors can be contacted for information and encouragement; 3) marketing and distribution; and 4) prayer partnerships.

Program Services

DescriptionGrantsExpenses
RESOURCE DEVELOPMENT: FIRST AND FOREMOST, WE HAVE ALREADY DEVELOPED A 40 DAY PRAYER COVENANT CARD (COPY OF THE ENGLISH VERSION, PLUS TRANSLATIONS INTO FIVE MAJOR FOREIGN LANGUAGES ARE ENCLOSED) AND WILL EVENTUALLY WORK ON A BUSINESS CARD SIZE PIECE. THE FOUNDER OF THE ORGANIZATION, JERRY KIRK, IS CURRENTLY DEVELOPING A BOOK EXPLAINING THE IMPORTANCE AND POWER OF THE PRAYER COVENANT. WHEN COMPLETED, THIS WILL BECOME A KEY RESOURCE FOR THE ORGANIZATION. SECONDLY, WE WILL DEVELOP PRAYER TRAINING INSTRUCTIONAL MATERIALS THAT WILL BE DISTRIBUTED TO CHURCHES AND DENOMINATIONS HEADQUARTERS TO BE USED TO ENGAGED THEIR CONGREGATIONS IN THE "40 DAY PRAYER COVENANT."-$12,040
WEBSITE AND SOCIAL MEDIA DEVELOPMENT WE WILL HAVE A WEBSITE WITH INFORMATION ON PRAYER, ON STARTING AN INDIVIDUAL CHURCH'S OWN CHRIST AWAKENING OR REVIVAL, AND HOW TO ENGAGE IN THE 40 DAY PRAYER COVENANT. WE WILL HAVE MATERIALS THAT WILL ENCOURAGE AND EQUIP INDIVIDUALS AND ORGANIZATIONS, AND WILL MAKE SOME OF OUR RESOURCES, SUCH AS 40 DAY PRAYER COVENANT CARDS AVAILABLE. WE WILL ALSO HAVE TESTIMONIES OF INDIVIDUALS WHO HAVE ENGAGED IN THE 40 DAY PRAYER COVENANT AND HAVE SEEN THEIR LIVES CHANGED.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JERRY KIRKPresidentFT$15,000-$15,000
ADAM SMITHChairman-$0--
RICK SCHATZTreasurer-$0--
TODD HINNERSSecretary-$0--
Filing and Contact Details

Filer

EIN
46-1517204

Signing Officer

Name
Frederic Schatz
Title
Treasurer
Signed
2014-07-17
Discuss with paid preparer
Yes

Preparer

Preparer
Randy Warwick
Phone
5137717070
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office 4,894 travel 1,051 telephone 2,040 dues and fees 118 total 8,103

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 351

Form 990-ez, Part III

The "40 day prayer covenant" is a covenant or agreement that an individual personally makes with the lord to change his or her prayer practice by spending at least 40 days in devotional prayer with the lord to establish a habit of habitual prayer. Our belief is that it takes 40 days to change or develop a habit and changing prayer habits is like changing other habits. To meet its purpose, 40 day prayer covenant will concentrate in four particular areas: 1) prayer training resource development; 2) an easily accessible website that offers instruction, encouragement and prayer time charting, and social media wherein other prayer warriors can be contacted for information and encouragement; 3) marketing and distribution; and 4) prayer partnerships.

Form 990-ez, Part III, Line 28

Resource development: first and foremost, we have already developed a 40 day prayer covenant card (copy of the english version, plus translations into five major foreign languages are enclosed) and will eventually work on a business card size piece. The founder of the organization, jerry kirk, is currently developing a book explaining the importance and power of the prayer covenant. When completed, this will become a key resource for the organization. Secondly, we will develop prayer training instructional materials that will be distributed to churches and denominations headquarters to be used to engaged their congregations in the "40 day prayer covenant."

Form 990-ez, Part III, Line 29

Website and social media development we will have a website with information on prayer, on starting an individual church's own christ awakening or revival, and how to engage in the 40 day prayer covenant. We will have materials that will encourage and equip individuals and organizations, and will make some of our resources, such as 40 day prayer covenant cards available. We will also have testimonies of individuals who have engaged in the 40 day prayer covenant and have seen their lives changed.

Raw XML Appendix128 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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IRS990EZ/PrimaryExemptPurposeTxt0THE "40 DAY PRAYER COVENANT" IS A COVENANT OR AGREEMENT THAT AN INDIVIDUAL PERSONALLY MAKES WITH THE LORD TO CHANGE HIS OR HER PRAYER PRACTICE BY SPENDING AT LEAST 40 DAYS IN DEVOTIONAL PRAYER WITH THE LORD TO ESTABLISH A HABIT OF HABITUAL PRAYER. OUR BELIEF IS THAT IT TAKES 40 DAYS TO CHANGE OR DEVELOP A HABIT AND CHANGING PRAYER HABITS IS LIKE CHANGING OTHER HABITS. TO MEET ITS PURPOSE, 40 DAY PRAYER COVENANT WILL CONCENTRATE IN FOUR PARTICULAR AREAS: 1) PRAYER TRAINING RESOURCE DEVELOPMENT; 2) AN EASILY ACCESSIBLE WEBSITE THAT OFFERS INSTRUCTION, ENCOURAGEMENT AND PRAYER TIME CHARTING, AND SOCIAL MEDIA WHEREIN OTHER PRAYER WARRIORS CAN BE CONTACTED FOR INFORMATION AND ENCOURAGEMENT; 3) MARKETING AND DISTRIBUTION; AND 4) PRAYER PARTNERSHIPS.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1WEBSITE AND SOCIAL MEDIA DEVELOPMENT WE WILL HAVE A WEBSITE WITH INFORMATION ON PRAYER, ON STARTING AN INDIVIDUAL CHURCH'S OWN CHRIST AWAKENING OR REVIVAL, AND HOW TO ENGAGE IN THE 40 DAY PRAYER COVENANT. WE WILL HAVE MATERIALS THAT WILL ENCOURAGE AND EQUIP INDIVIDUALS AND ORGANIZATIONS, AND WILL MAKE SOME OF OUR RESOURCES, SUCH AS 40 DAY PRAYER COVENANT CARDS AVAILABLE. WE WILL ALSO HAVE TESTIMONIES OF INDIVIDUALS WHO HAVE ENGAGED IN THE 40 DAY PRAYER COVENANT AND HAVE SEEN THEIR LIVES CHANGED.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 4,894 TRAVEL 1,051 TELEPHONE 2,040 DUES AND FEES 118 TOTAL 8,103
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 351
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE "40 DAY PRAYER COVENANT" IS A COVENANT OR AGREEMENT THAT AN INDIVIDUAL PERSONALLY MAKES WITH THE LORD TO CHANGE HIS OR HER PRAYER PRACTICE BY SPENDING AT LEAST 40 DAYS IN DEVOTIONAL PRAYER WITH THE LORD TO ESTABLISH A HABIT OF HABITUAL PRAYER. OUR BELIEF IS THAT IT TAKES 40 DAYS TO CHANGE OR DEVELOP A HABIT AND CHANGING PRAYER HABITS IS LIKE CHANGING OTHER HABITS. TO MEET ITS PURPOSE, 40 DAY PRAYER COVENANT WILL CONCENTRATE IN FOUR PARTICULAR AREAS: 1) PRAYER TRAINING RESOURCE DEVELOPMENT; 2) AN EASILY ACCESSIBLE WEBSITE THAT OFFERS INSTRUCTION, ENCOURAGEMENT AND PRAYER TIME CHARTING, AND SOCIAL MEDIA WHEREIN OTHER PRAYER WARRIORS CAN BE CONTACTED FOR INFORMATION AND ENCOURAGEMENT; 3) MARKETING AND DISTRIBUTION; AND 4) PRAYER PARTNERSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RESOURCE DEVELOPMENT: FIRST AND FOREMOST, WE HAVE ALREADY DEVELOPED A 40 DAY PRAYER COVENANT CARD (COPY OF THE ENGLISH VERSION, PLUS TRANSLATIONS INTO FIVE MAJOR FOREIGN LANGUAGES ARE ENCLOSED) AND WILL EVENTUALLY WORK ON A BUSINESS CARD SIZE PIECE. THE FOUNDER OF THE ORGANIZATION, JERRY KIRK, IS CURRENTLY DEVELOPING A BOOK EXPLAINING THE IMPORTANCE AND POWER OF THE PRAYER COVENANT. WHEN COMPLETED, THIS WILL BECOME A KEY RESOURCE FOR THE ORGANIZATION. SECONDLY, WE WILL DEVELOP PRAYER TRAINING INSTRUCTIONAL MATERIALS THAT WILL BE DISTRIBUTED TO CHURCHES AND DENOMINATIONS HEADQUARTERS TO BE USED TO ENGAGED THEIR CONGREGATIONS IN THE "40 DAY PRAYER COVENANT."
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WEBSITE AND SOCIAL MEDIA DEVELOPMENT WE WILL HAVE A WEBSITE WITH INFORMATION ON PRAYER, ON STARTING AN INDIVIDUAL CHURCH'S OWN CHRIST AWAKENING OR REVIVAL, AND HOW TO ENGAGE IN THE 40 DAY PRAYER COVENANT. WE WILL HAVE MATERIALS THAT WILL ENCOURAGE AND EQUIP INDIVIDUALS AND ORGANIZATIONS, AND WILL MAKE SOME OF OUR RESOURCES, SUCH AS 40 DAY PRAYER COVENANT CARDS AVAILABLE. WE WILL ALSO HAVE TESTIMONIES OF INDIVIDUALS WHO HAVE ENGAGED IN THE 40 DAY PRAYER COVENANT AND HAVE SEEN THEIR LIVES CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
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ReturnHeader/ReturnTs02014-07-21T15:14:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.02$1.04$2.07$1.53$0.54
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.02$0.50$1.63$1.77$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.19$0.63$2.72$6.63$3.91
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.76$0.22$4.55$7.18$6.97$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.33$0.00$4.33$3.71$4.93$1.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.67$0.12$5.55$7.11$5.22$1.89
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.78$0.12$3.66$9.74$8.20$1.55
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.00$2.12$4.91$3.09$1.82
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.00$0.13$2.81$2.84$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.24$0.08$0.16$1.94$1.94$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.08$1.53$1.70$0.16
2013Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.98$0.73$0.24
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • <$500k nonprofits