Civic Intelligence

Psalm 128 Missions

990EZ • Fiscal year 2021 • EIN 46-1636946

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 04, 2022

PO Box 1177Etowah, NC 28729

(828) 699-4110

Siviq Scores

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

Liabilities / Assets

84th percentile

0.16x

Higher debt load relative to assets than 84% of similar nonprofits.

2021 filings • NTEE X99 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

72nd percentile

0.01x

Higher debt load relative to revenue than 72% of similar nonprofits.

2021 filings • NTEE X99 • <$500k nonprofits • Source year 2021

Net Margin

40th percentile

4.2%

Higher net margin than 40% of similar nonprofits.

2021 filings • NTEE X99 • <$500k nonprofits • Source year 2021

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2021 filings • NTEE X99 • <$500k nonprofits • Source year 2021

Asset Growth

91st percentile

248%

Faster asset growth than 91% of similar nonprofits.

2021 filings • NTEE X99 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

51st percentile

12%

Faster revenue growth than 51% of similar nonprofits.

2021 filings • NTEE X99 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,777

Up $1,980 (+248%) from 2020

Net Assets

$2,325

No earlier filing loaded for comparison.

Liabilities

Flat

$452

Flat from 2020

Revenue

Up

$47,446

Up $5,201 (+12%) from 2020

Expenses

Up

$45,466

Up $3,598 (+8.6%) from 2020

Net Income

Up

$1,980

Up $1,603 (+425%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0K$4.0K$2.0K$0Assets 2013: $489Liabilities 2013: $02013Assets 2014: $1,469Liabilities 2014: $02014Assets 2015: $1,479Liabilities 2015: $02015Assets 2016: $4,917Liabilities 2016: $02016Assets 2017: $602Liabilities 2017: $2892017Assets 2018: $670Liabilities 2018: $3372018Assets 2019: $420Liabilities 2019: $4522019Assets 2020: $797Liabilities 2020: $4522020Assets 2021: $2,777Liabilities 2021: $452Net Assets 2021: $2,3252021Assets 2022: $4,308Liabilities 2022: $512Net Assets 2022: $3,7962022Assets 2023: $2,919Liabilities 2023: $512Net Assets 2023: $2,4072023Assets 2024: $2,984Liabilities 2024: $512Net Assets 2024: $2,4722024

Highlighted filing

2021

Assets$2,777
Liabilities$452
Net Assets$2,325

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2013: $10,864Expenses 2013: $12,825Net Income 2013: -$1,9612013Revenue 2014: $14,750Expenses 2014: $13,770Net Income 2014: $9802014Revenue 2015: $10,123Expenses 2015: $10,113Net Income 2015: $102015Revenue 2016: $20,459Expenses 2016: $17,021Net Income 2016: $3,4382016Revenue 2017: $14,740Expenses 2017: $19,344Net Income 2017: -$4,6042017Revenue 2018: $36,387Expenses 2018: $36,367Net Income 2018: $202018Revenue 2019: $37,841Expenses 2019: $38,206Net Income 2019: -$3652019Revenue 2020: $42,245Expenses 2020: $41,868Net Income 2020: $3772020Revenue 2021: $47,446Expenses 2021: $45,466Net Income 2021: $1,9802021Revenue 2022: $63,852Expenses 2022: $62,381Net Income 2022: $1,4712022Revenue 2023: $69,529Expenses 2023: $70,918Net Income 2023: -$1,3892023Revenue 2024: $63,822Expenses 2024: $63,757Net Income 2024: $652024

Highlighted filing

2021

Revenue$47,446
Expenses$45,466
Net Income$1,980
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 4, 2022
Return Version
2021v4.2
Gross Receipts
$47,446
Mission and Program Overview

Mission

The corporation is formed for the purpose of meeting the spiritual, emotional and physical needs of families and individuals from all parts of the world. Spiritual and emitional needs will be met by encouraging people to become followers of jesus christ and enter into a life changing relationship with him. Physical needs will primarily be met by providing nutritous food, clean water, clothing and other necessities to those in need, and encouraging and helping people to learn skills that will benefit their long-term well-being. These goals will be accomplished through projects run by other non-profit corporations.

Program Services

DescriptionGrantsExpenses
SUPPORT FOR VISION NICARAGUA - A NOT FOR PROFIT ORGANIZATION INVOLVED IN MINISTRIES IN NICARAGUA.$0$0
SUPPORT FOR SUNICA - A NOT FOR PROFIT ORGANIZATION INVOLVED WITH YOUTH DISCIPLESHIP MINISTRY PROGRAMS IN NICARAGUA.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK A KUSHIGIANPresident-$0--
PAMELA M KUSHIGIANVice President-$0--
EVA M KNOUSESecretary-$0--
PRESTON LEDOUXTreasurer-$0--
MAURICIO A MERCADODirector-$0--
Filing and Contact Details

Filer

Filer Name
Psalm 128 Missions
EIN
46-1636946
Phone
8286994110
Address
PO BOX 1177, ETOWAH, NC 28729

Signing Officer

Name
Mark a Kushigian
Title
President
Phone
8286994110
Signed
2022-11-04
Discuss with paid preparer
Yes

Preparer

Firm
Normac Incorporated
Address
93 INDUSTRIAL DRIVE, HENDERSONVILLE, NC 28739
Preparer
Larry E Lee
Phone
8282099000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: gospel ministry. Grantee name: vision nicaragua. Property description: cash. Date of gift: various. Amount given: 16,300.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: gospel ministry. Grantee name: sunica. Property description: cash. Date of gift: various. Amount given: 4,840. Total included on form 990-ez, line 10: 21,140.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office expense. Amount: 547. Description: payroll taxes. Amount: 1,681. Description: penalties. Amount: 128. Total to form 990-ez, line 16: 2,356.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: payroll taxes. Beg. Of year amount: 452. End of year amount: 452.

Raw XML Appendix159 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0MARK A KUSHIGIAN
IRS990EZ/BooksInCareOfDetail/PhoneNum08286994110
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1177
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ETOWAH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028729
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt02325
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARK A KUSHIGIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAMELA M KUSHIGIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2EVA M KNOUSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PRESTON LEDOUX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MAURICIO A MERCADO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02356
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE CORPORATION IS FORMED FOR THE PURPOSE OF MEETING THE SPIRITUAL, EMOTIONAL AND PHYSICAL NEEDS OF FAMILIES AND INDIVIDUALS FROM ALL PARTS OF THE WORLD. SPIRITUAL AND EMITIONAL NEEDS WILL BE MET BY ENCOURAGING PEOPLE TO BECOME FOLLOWERS OF JESUS CHRIST AND ENTER INTO A LIFE CHANGING RELATIONSHIP WITH HIM. PHYSICAL NEEDS WILL PRIMARILY BE MET BY PROVIDING NUTRITOUS FOOD, CLEAN WATER, CLOTHING AND OTHER NECESSITIES TO THOSE IN NEED, AND ENCOURAGING AND HELPING PEOPLE TO LEARN SKILLS THAT WILL BENEFIT THEIR LONG-TERM WELL-BEING. THESE GOALS WILL BE ACCOMPLISHED THROUGH PROJECTS RUN BY OTHER NON-PROFIT CORPORATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORT FOR VISION NICARAGUA - A NOT FOR PROFIT ORGANIZATION INVOLVED IN MINISTRIES IN NICARAGUA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SUPPORT FOR SUNICA - A NOT FOR PROFIT ORGANIZATION INVOLVED WITH YOUTH DISCIPLESHIP MINISTRY PROGRAMS IN NICARAGUA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0452
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0452
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt045466
IRS990EZ/TotalRevenueAmt047446
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0PS128.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt047446
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt040828
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt037841
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt036425
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt014740
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0177280
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.42590
IRS990ScheduleA/PublicSupportPY170Pct00.42660
IRS990ScheduleA/PublicSupportTotal170Amt075506
IRS990ScheduleA/SubstantialContributorsTotAmt0101774
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt047446
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt040828
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt037841
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt036425
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt014740
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0177280
IRS990ScheduleA/TotalSupportAmt0177280
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: GOSPEL MINISTRY. GRANTEE NAME: VISION NICARAGUA. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 16,300.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: GOSPEL MINISTRY. GRANTEE NAME: SUNICA. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 4,840. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 21,140.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OFFICE EXPENSE. AMOUNT: 547. DESCRIPTION: PAYROLL TAXES. AMOUNT: 1,681. DESCRIPTION: PENALTIES. AMOUNT: 128. TOTAL TO FORM 990-EZ, LINE 16: 2,356.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PAYROLL TAXES. BEG. OF YEAR AMOUNT: 452. END OF YEAR AMOUNT: 452.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK A KUSHIGIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08286994110
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PSALM 128 MISSIONS
ReturnHeader/Filer/BusinessNameControlTxt0PSAL
ReturnHeader/Filer/EIN0461636946
ReturnHeader/Filer/PhoneNum08286994110
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1177
ReturnHeader/Filer/USAddress/CityNm0ETOWAH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028729
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0381840539
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NORMAC INCORPORATED
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt093 INDUSTRIAL DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HENDERSONVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028739
ReturnHeader/PreparerPersonGrp/PhoneNum08282099000
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LARRY E LEE
ReturnHeader/ReturnTs02022-11-04T16:51:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KUSHIGIAN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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