Civic Intelligence

Prophecy Watchers Inc.

990 • Fiscal year 2016 • EIN 47-1477362

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

PO Box 20530Oklahoma City, OK 73156-0530

(405) 608-2268

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.35x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

0.19x

Higher debt load relative to revenue than 61% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

57th percentile

4.7%

Higher net margin than 57% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

43rd percentile

$44,041

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

28th percentile

-3.2%

Faster asset growth than 28% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

86th percentile

38%

Faster revenue growth than 86% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$973,086

Down $32,206 (-3.2%) from 2015

Net Assets

Up

$630,498

Up $84,686 (+16%) from 2015

Liabilities

Down

$342,588

Down $116,892 (-25%) from 2015

Revenue

Up

$1,800,467

Up $493,017 (+38%) from 2015

Expenses

Up

$1,715,781

Up $814,368 (+90%) from 2015

Net Income

Down

$84,686

Down $321,351 (-79%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $171,570Liabilities 2014: $31,7952014Assets 2015: $1,005,292Liabilities 2015: $459,480Net Assets 2015: $545,8122015Assets 2016: $973,086Liabilities 2016: $342,588Net Assets 2016: $630,4982016Assets 2017: $1,008,100Liabilities 2017: $342,303Net Assets 2017: $665,7972017Assets 2018: $1,341,633Liabilities 2018: $351,098Net Assets 2018: $990,5352018Assets 2019: $2,138,033Liabilities 2019: $1,063,368Net Assets 2019: $1,074,6652019Assets 2020: $2,291,867Liabilities 2020: $1,016,481Net Assets 2020: $1,275,3862020Assets 2021: $2,102,531Liabilities 2021: $440,708Net Assets 2021: $1,661,8232021Assets 2022: $2,583,847Liabilities 2022: $411,310Net Assets 2022: $2,172,5372022Assets 2023: $2,559,080Liabilities 2023: $153,694Net Assets 2023: $2,405,3862023Assets 2024: $2,619,332Liabilities 2024: $73,556Net Assets 2024: $2,545,7762024

Highlighted filing

2016

Assets$973,086
Liabilities$342,588
Net Assets$630,498

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2014: $193,181Expenses 2014: $53,406Net Income 2014: $139,7752014Revenue 2015: $1,307,450Expenses 2015: $901,413Net Income 2015: $406,0372015Revenue 2016: $1,800,467Expenses 2016: $1,715,781Net Income 2016: $84,6862016Revenue 2017: $2,027,855Expenses 2017: $1,992,556Net Income 2017: $35,2992017Revenue 2018: $2,548,486Expenses 2018: $2,223,748Net Income 2018: $324,7382018Revenue 2019: $2,350,523Expenses 2019: $2,266,393Net Income 2019: $84,1302019Revenue 2020: $2,684,478Expenses 2020: $2,483,757Net Income 2020: $200,7212020Revenue 2021: $3,358,704Expenses 2021: $2,972,267Net Income 2021: $386,4372021Revenue 2022: $3,974,702Expenses 2022: $3,463,988Net Income 2022: $510,7142022Revenue 2023: $4,555,938Expenses 2023: $4,323,089Net Income 2023: $232,8492023Revenue 2024: $4,687,246Expenses 2024: $4,546,856Net Income 2024: $140,3902024

Highlighted filing

2016

Revenue$1,800,467
Expenses$1,715,781
Net Income$84,686
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$1,800,467
Mission and Program Overview

Mission

To evangelize those outside christian belief, to educate christians in the tenets of the faith, to exalt the gospel of grace, and to correctly and clearly expound bible prophecy through the following: a. To evangelize those outside christian belief b. To educate christians in the tenets of the faith c. To exalt the gospel of grace, bringing hope and comfort d. To correctly and clearly expound bible prophecy

To evangelize those outside christian belief, to educate christians in the tenets of the faith, to exalt the gospel of grace, and to correctly and clearly expound bible prophecy

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$567,517$559,445▼ $8,072
Savings and Temporary Cash Investments$261,557$200,100▼ $61,457
Inventories for Sale or Use$42,500$134,550▲ $92,050
Cash and Non-Interest-Bearing Accounts$132,920$77,384▼ $55,536
Total Assets$1,005,292$973,086▼ $32,206
Other Assets Total$798$1,607▲ $809
Liabilities
Other Liabilities$295,454$287,847▼ $7,607
Deferred Revenue$82,314$31,200▼ $51,114
Accounts Payable and Accrued Expenses$81,712$23,541▼ $58,171
Total Liabilities$459,480$342,588▼ $116,892
Net Assets / Fund Balance
Unrestricted Net Assets$545,812$630,498▲ $84,686
Total Net Assets Fund Balance$545,812$630,498▲ $84,686
Total Liabilities and Net Assets / Fund Balance$1,005,292$973,086▼ $32,206

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$338,274$14,707$352,981
Other Land Buildings$106,906$36,659$143,565
Land$114,265-$114,265
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert J UlrichCFOFT$44,041$44,041
Gary G StearmanPresidentFT$44,041$44,041
Doris R StearmanTreasurerFT$30,541$30,541
Kristina G UlrichSecretaryFT$30,541$30,541
Revenue and Support

Revenue Composition

Contributions and Grants
$415,493
Program Service Revenue
$1,381,769
Investment Income
$343
Other Revenue
$2,862
Change in Net Assets
$84,686
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,375,215
Salaries, Compensation, and Employee Benefits$340,566
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$284,326--$284,326
Conferences and Meetings$252,563--$252,563
Office Expenses$118,485--$118,485
All Other Expenses$82,437--$82,437
Depreciation Depletion$34,509--$34,509
Other Employee Benefits$29,857--$29,857
Payroll Taxes$26,383--$26,383
Occupancy$21,461--$21,461
Other Expenses$18,000--$18,000
Interest$12,247--$12,247
Fees for Services Accounting$6,265--$6,265
Advertising$300--$300
Total Functional Expenses$1,715,781$0$0$1,715,781
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Brad UlrichSonWeb DevelopmentNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mortgage Payable$280,804
Payroll Taxes Payable$6,784
Sales Tax Payable$259
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
Yes
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
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, Page 6, Part VI, Line 2

Gary g stearman doris r stearman president treasurer married robert j ulrich kristina g ulrich cfo secretary married

Form 990, Page 6, Part VI, Line 7A

Election by the existing board of directors at an annual meeting

Form 990, Page 6, Part VI, Line 11B

Overview review of return by governing board of directors and approval prior to filing of the return

Form 990, Page 6, Part VI, Line 15A

Per review by the board of directors

Form 990, Page 6, Part VI, Line 19

Upon written request and approval by two or more board members

Filing and Contact Details

Filer

Filer Name
Prophecy Watchers Inc
EIN
47-1477362
Phone
4056082268
Address
PO BOX 20530, OKLAHOMA CITY, OK 73156-0530

Signing Officer

Name
Robert J Ulrich
Title
CFO
Phone
4056082268
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert J Ulrich
Formed
2014
Legal Domicile
Ok
Voting Board Members
4
Independent Board Members
0
Employees
16

Preparer

Firm
Leslie C Vaughn CPA Pllc
Address
3035 NW 63RD SUITE 215, OKLAHOMA CITY, OK 73116-3632
Preparer
Leslie C Vaughn CPA
Phone
4058422722
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To evangelize those outside christian belief, to educate christians in the tenets of the faith, to exalt the gospel of grace, and to correctly and clearly expound bible prophecy through the following: a. To evangelize those outside christian belief b. To educate christians in the tenets of the faith c. To exalt the gospel of grace, bringing hope and comfort d. To correctly and clearly expound bible prophecy

Form 990, Page 2, Part III, Line 4D

To evangelize those outside christian belief, to educate christians in the tenets of the faith, to exalt the gospel of grace, and to correctly and clearly expound bible prophecy

Form 990, Page 5, Part V, Line 3B

Based on current activity, there appeared to be no ubit income or expense to report.

Raw XML Appendix365 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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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0193181
IRS990ScheduleA/Total509Grp/TotalAmt03301098
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01800467
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01307450
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0193181
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03301098
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0338274
IRS990ScheduleD/BuildingsGrp/DepreciationAmt014707
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0352981
IRS990ScheduleD/LandGrp/BookValueAmt0114265
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0114265
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0106906
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt036659
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0143565
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0280804
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16784
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2259
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORTGAGE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0559445
IRS990ScheduleD/TotalLiabilityAmt0287847
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0BRAD ULRICH
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0WEB DEVELOPMENT
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0DURING THE INITIAL START-UP OF THE ENTITY, VARIOUS HARD ASSETS (COMPUTERS/FURNITURE/ETC) WERE TRANSFERRED INTO THE ENTITY BY IT'S OFFICERS AND DIRECTORS. REIMBURSEMENTS WERE PAID FOR FAIR MARKET VALUE OF THESE ITEEMS. THOSE TRANSACTIONAL AMOUNTS WERE LESS THAN 10,000.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO EVANGELIZE THOSE OUTSIDE CHRISTIAN BELIEF, TO EDUCATE CHRISTIANS IN THE TENETS OF THE FAITH, TO EXALT THE GOSPEL OF GRACE, AND TO CORRECTLY AND CLEARLY EXPOUND BIBLE PROPHECY THROUGH THE FOLLOWING: A. TO EVANGELIZE THOSE OUTSIDE CHRISTIAN BELIEF B. TO EDUCATE CHRISTIANS IN THE TENETS OF THE FAITH C. TO EXALT THE GOSPEL OF GRACE, BRINGING HOPE AND COMFORT D. TO CORRECTLY AND CLEARLY EXPOUND BIBLE PROPHECY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO EVANGELIZE THOSE OUTSIDE CHRISTIAN BELIEF, TO EDUCATE CHRISTIANS IN THE TENETS OF THE FAITH, TO EXALT THE GOSPEL OF GRACE, AND TO CORRECTLY AND CLEARLY EXPOUND BIBLE PROPHECY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BASED ON CURRENT ACTIVITY, THERE APPEARED TO BE NO UBIT INCOME OR EXPENSE TO REPORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GARY G STEARMAN DORIS R STEARMAN PRESIDENT TREASURER MARRIED ROBERT J ULRICH KRISTINA G ULRICH CFO SECRETARY MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ELECTION BY THE EXISTING BOARD OF DIRECTORS AT AN ANNUAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OVERVIEW REVIEW OF RETURN BY GOVERNING BOARD OF DIRECTORS AND APPROVAL PRIOR TO FILING OF THE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PER REVIEW BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7UPON WRITTEN REQUEST AND APPROVAL BY TWO OR MORE BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01005292
IRS990/TotalAssetsEOYAmt0973086
IRS990/TotalAssetsGrp/BOYAmt01005292
IRS990/TotalAssetsGrp/EOYAmt0973086
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0415493
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01715781
IRS990/TotalFunctionalExpensesGrp/TotalAmt01715781
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0459480
IRS990/TotalLiabilitiesEOYAmt0342588
IRS990/TotalLiabilitiesGrp/BOYAmt0459480
IRS990/TotalLiabilitiesGrp/EOYAmt0342588
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0545812
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0630498
IRS990/TotalOtherProgSrvcExpenseAmt01401540
IRS990/TotalProgramServiceExpensesAmt01715781
IRS990/TotalProgramServiceRevenueAmt01381769
IRS990/TotalReportableCompFromOrgAmt0149164
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01384974
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01800467
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01005292
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0973086
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0545812
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0630498
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 20530
IRS990/USAddress/CityNm0OKLAHOMOA CITY
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd073120
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.PROPHECYWATCHERS.COM/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT J ULRICH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum04056082268
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROPHECY WATCHERS INC
ReturnHeader/Filer/BusinessNameControlTxt0PROP
ReturnHeader/Filer/EIN0471477362
ReturnHeader/Filer/PhoneNum04056082268
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 20530
ReturnHeader/Filer/USAddress/CityNm0OKLAHOMA CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd0731560530
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01C722339ABABA74BCCD2EDB5DF2EBA9E4D87E393
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01C722339ABABA74BCCD2EDB5DF2EBA9E4D87E393
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LESLIE C VAUGHN CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03035 NW 63RD SUITE 215
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OKLAHOMA CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0731163632
ReturnHeader/PreparerPersonGrp/PhoneNum04058422722
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LESLIE C VAUGHN CPA
ReturnHeader/ReturnTs02017-11-15T23:57:51-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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