Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.12x
Liabilities / Revenue
71st percentile
Higher debt load relative to revenue than 71% of similar nonprofits.
Net Margin
43rd percentile
Higher net margin than 43% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
79th percentile
Faster asset growth than 79% of similar nonprofits.
Revenue Growth
68th percentile
Faster revenue growth than 68% of similar nonprofits.
Balance Sheet
Assets
Up$4,308
Up $1,531 (+55%) from 2021
Net Assets
Up$3,796
Up $1,471 (+63%) from 2021
Liabilities
Up$512
Up $60 (+13%) from 2021
Revenue And Expenses
Revenue
Up$63,852
Up $16,406 (+35%) from 2021
Expenses
Up$62,381
Up $16,915 (+37%) from 2021
Net Income
Down$1,471
Down $509 (-26%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Mar 14, 2023
- Return Version
- 2022v4.1
- Gross Receipts
- $63,852
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
| Description | Grants | Expenses |
|---|---|---|
| SUPPORT FOR VISION NICARAGUA - A NOT FOR PROFIT ORGANIZATION INVOLVED IN MINISTRIES IN NICARAGUA. | $17,680 | $0 |
| SUPPORT FOR SUNICA - A NOT FOR PROFIT ORGANIZATION INVOLVED WITH YOUTH DISCIPLESHIP MINISTRY AND WATER PROGRAMS IN NICARAGUA. | $15,410 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARK A KUSHIGIAN | President | - | $0 | - | - |
| PAMELA M KUSHIGIAN | Vice President | - | $0 | - | - |
| EVA M KNOUSE | Secretary | - | $0 | - | - |
| PRESTON LEDOUX | Treasurer | - | $0 | - | - |
| MAURICIO A MERCADO | Director | - | $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
- 2023-03-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Normac Incorporated
- Address
- 93 INDUSTRIAL DRIVE, HENDERSONVILLE, NC 28739
- 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. Amount given: 17,680.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: gospel ministry. Grantee name: sunica. Property description: cash. Amount given: 15,410. Total included on form 990-ez, line 10: 33,090.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: office expense. Amount: 721. Description: payroll taxes. Amount: 1,975. Total to form 990-ez, line 16: 2,696.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: payroll taxes. Beg. Of year amount: 452. End of year amount: 512.”
Raw XML Appendix158 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MARK A KUSHIGIAN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8286994110 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 1177 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ETOWAH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28729 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 2777 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 4308 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 63852 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 1471 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 2777 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 4308 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 33090 |
| IRS990EZ/GrossReceiptsAmt | 0 | 63852 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 2325 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 3796 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 2325 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 3796 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MARK A KUSHIGIAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | PAMELA M KUSHIGIAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | EVA M KNOUSE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | PRESTON LEDOUX |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | MAURICIO A MERCADO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 2696 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SUPPORT FOR VISION NICARAGUA - A NOT FOR PROFIT ORGANIZATION INVOLVED IN MINISTRIES IN NICARAGUA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | SUPPORT FOR SUNICA - A NOT FOR PROFIT ORGANIZATION INVOLVED WITH YOUTH DISCIPLESHIP MINISTRY AND WATER PROGRAMS IN NICARAGUA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 17680 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 15410 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 26595 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 452 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 512 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 62381 |
| IRS990EZ/TotalRevenueAmt | 0 | 63852 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | PS128.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 63852 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 47446 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 40828 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 37841 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 36425 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 226392 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.41370 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.42590 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 93665 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 132727 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 63852 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 47446 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 40828 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 37841 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 36425 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 226392 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 226392 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: GOSPEL MINISTRY. GRANTEE NAME: VISION NICARAGUA. PROPERTY DESCRIPTION: CASH. AMOUNT GIVEN: 17,680. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: GOSPEL MINISTRY. GRANTEE NAME: SUNICA. PROPERTY DESCRIPTION: CASH. AMOUNT GIVEN: 15,410. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 33,090. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: OFFICE EXPENSE. AMOUNT: 721. DESCRIPTION: PAYROLL TAXES. AMOUNT: 1,975. TOTAL TO FORM 990-EZ, LINE 16: 2,696. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: PAYROLL TAXES. BEG. OF YEAR AMOUNT: 452. END OF YEAR AMOUNT: 512. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MARK A KUSHIGIAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8286994110 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-03-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PSALM 128 MISSIONS |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PSAL |
| ReturnHeader/Filer/EIN | 0 | 461636946 |
| ReturnHeader/Filer/PhoneNum | 0 | 8286994110 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 1177 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ETOWAH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 28729 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | NORMAC INCORPORATED |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 93 INDUSTRIAL DRIVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HENDERSONVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 28739 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8282099000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-03-10 |
| ReturnHeader/ReturnTs | 0 | 2023-03-14T12:09:55-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | MARK |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | KUSHIGIAN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $4,308
- Liabilities
- $512
- Net assets
- $3,796
- Revenue
- $63,852
- Expenses
- $62,381
- Net income
- $1,471