Civic Intelligence

Prophetic Praise Ministries Inc

EIN 59-2992738 • 501(c)3 • Panama City, FL

Profile

Promote the gospel of jesus christ through preaching and music

7124 E Hy 22Panama City, FL 32404

n/A

Siviq Scores

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

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

68th percentile

0.01x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

21st percentile

-24%

Higher net margin than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

87th percentile

$16,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 59.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

23rd percentile

-40%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

13th percentile

-68%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$14,458

Down $9,561 (-40%) from 2014

Liabilities

Down

$225

Down $3,065 (-93%) from 2014

Net Assets

Down

$14,233

Down $6,496 (-31%) from 2014

Revenue

Down

$27,127

Down $57,865 (-68%) from 2014

Expenses

Down

$33,623

Down $59,151 (-64%) from 2014

Net Income

Up

-$6,496

Up $1,286 (+17%) from 2014

Trend Graphs

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2012: $28,387Liabilities 2012: $2,745Net Assets 2012: $25,6422012Assets 2013: $30,593Liabilities 2013: $2,081Net Assets 2013: $28,5122013Assets 2014: $24,019Liabilities 2014: $3,290Net Assets 2014: $20,7292014Assets 2015: $14,458Liabilities 2015: $225Net Assets 2015: $14,2332015

Highlighted filing

2015

Assets$14,458
Liabilities$225
Net Assets$14,233

Operations Trend

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

$100K$50K$0-$50KRevenue 2012: $78,684Expenses 2012: $83,217Net Income 2012: -$4,5332012Revenue 2013: $94,946Expenses 2013: $92,076Net Income 2013: $2,8702013Revenue 2014: $84,992Expenses 2014: $92,774Net Income 2014: -$7,7822014Revenue 2015: $27,127Expenses 2015: $33,623Net Income 2015: -$6,4962015

Highlighted filing

2015

Revenue$27,127
Expenses$33,623
Net Income-$6,496

Filings

Latest Detailed Filing

The latest 2015 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 3, 2015
Return Version
2014v5.0
Gross Receipts
$84,992
Mission and Program Overview

Mission

Promote the gospel of jesus christ through preaching and music

Program Services

DescriptionGrantsExpenses
PROMOTED THE GOSPEL THROUGH TRAVELS WITH IN THE US, HOLDING MEETINGS WITH EMPHASIS ON BIBICAL PAISE AND WORSHIP. DURING 2014 THE MINISTRY CONDUCTED 8 CONFERENCES MINISTERING IN WORD AND MUSIC.$67,188-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT L GAYDir./PresidentPT$62,000-$62,000
STACEY D GAYDir/Secretary-$0--
GILBERTO SANCHEZ JRDirector-$0--
PAUL M MCGOEYDirector-$0--
JAMES COXDirector-$0--
Filing and Contact Details

Filer

Filer Name
Prophetic Praise Ministries Inc
EIN
59-2992738
Phone
8508749743
Address
7124 E HY 22, PANAMA CITY, FL 32404

Signing Officer

Name
Robert Gay
Title
President
Signed
2015-11-03
Discuss with paid preparer
Yes

Preparer

Firm
Lauzon & Lauzon PC
Address
2700 S Woodlands Village Blvd STE 3, Flagstaff, AZ 86001-7114
Preparer
Robert M Lauzon CPA
Phone
9287744950
Supplemental Narrative

Additional Explanations

Other Revenue.1

ROYALTIES $6019

Grants and Similar Amounts Paid In Excess of $5,000.2

| Donee's Name: Dr. Bill Hamon Corp Sole | Donee's Address: 177 Apostles Way Santa Rosa Beach, FL 32459 | Cash Amount Given: $12000

Other Expenses.1005

Travel $8450

Other Expenses.1007

Conferences, Conventions, and Meetings $3496

Other Expenses.1

Employee Benefits $1833

Other Expenses.2

Benevolence & Gifts $1048

Other Expenses.3

Books & Tapes $644

Other Expenses.4

Tax Expense $213

Other Expenses.5

Continuning Ed $200

Other Expenses.6

Bank Charges $85

Other Expenses.7

Dues & Subscriptions $61

Other Expenses.8

Equipment 500 $43

Other Expenses.9

Rounding $1

Other Assets.1003

Machinery and Equipment - Beginning $0 Machinery and Equipment - Ending $1570

Other Assets.1007

Receivables-Officers, Directors, Etc. - Beginning $317 Receivables-Officers, Directors, Etc. - Ending $317

Other Assets.1010

Inventories - Beginning $1934 Inventories - Ending $1934

Other Assets.1

Rounding - Beginning $-1 Rounding - Ending $-1

Total Liabilities.1

American Express - Beginning $107 American Express - Ending $720

Total Liabilities.2

Marriott Rewards - Beginning $-149 Marriott Rewards - Ending $863

Total Liabilities.3

Payroll Liabilities - Beginning $2123 Payroll Liabilities - Ending $1707

Raw XML Appendix202 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
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IRS990EZ/TotalRevenueAmt084992
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt083587
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IRS990ScheduleA/TotalSupportAmt0299088
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Expenses
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0317
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROYALTIES $6019
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: Dr. Bill Hamon Corp Sole | Donee's Address: 177 Apostles Way Santa Rosa Beach, FL 32459 | Cash Amount Given: $12000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $8450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, Conventions, and Meetings $3496
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Employee Benefits $1833
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Benevolence & Gifts $1048
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Books & Tapes $644
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Tax Expense $213
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Continuning Ed $200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Bank Charges $85
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Dues & Subscriptions $61
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Rounding $1
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Receivables-Officers, Directors, Etc. - Beginning $317 Receivables-Officers, Directors, Etc. - Ending $317
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Inventories - Beginning $1934 Inventories - Ending $1934
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Rounding - Beginning $-1 Rounding - Ending $-1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17American Express - Beginning $107 American Express - Ending $720
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Marriott Rewards - Beginning $-149 Marriott Rewards - Ending $863
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Payroll Liabilities - Beginning $2123 Payroll Liabilities - Ending $1707
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Assets.1010
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Total Liabilities.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Total Liabilities.3
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Robert Gay
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROPHETIC PRAISE MINISTRIES INC
ReturnHeader/Filer/BusinessNameControlTxt0PROP
ReturnHeader/Filer/EIN0592992738
ReturnHeader/Filer/PhoneNum08508749743
ReturnHeader/Filer/USAddress/AddressLine1Txt07124 E HY 22
ReturnHeader/Filer/USAddress/CityNm0PANAMA CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032404
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Lauzon & Lauzon PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02700 S Woodlands Village Blvd STE 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Flagstaff
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0860017114
ReturnHeader/PreparerPersonGrp/PhoneNum09287744950
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert M Lauzon CPA
ReturnHeader/ReturnTs02015-11-03T16:09:37-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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No mirrored PDF or thumbnail assets are attached yet.