Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Inner Court Sanctuary Praise Palace
EIN 61-1623145 • 501(c)3 • Bronx, NY
Profile
Worship of God and study his words
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.50x
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
75th percentile
Higher net margin than 75% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
94th percentile
Faster asset growth than 94% of similar nonprofits.
Revenue Growth
65th percentile
Faster revenue growth than 65% of similar nonprofits.
Balance Sheet
Assets
Up$371,806
Up $221,019 (+147%) from 2013
Liabilities
Up$187,404
Up $176,116 (+1560%) from 2013
Net Assets
Up$184,402
Up $44,903 (+32%) from 2013
Revenue
Up$182,637
Up $19,459 (+12%) from 2013
Expenses
Up$137,734
Up $34,593 (+34%) from 2013
Net Income
Down$44,903
Down $15,134 (-25%) from 2013
Trend Graphs
Filings
Most recent year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $371,806
- Liabilities
- $187,404
- Net assets
- $184,402
- Revenue
- $182,637
- Expenses
- $137,734
- Net income
- $44,903
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- May 14, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $182,637
Mission and Program Overview
Mission
Worship of God and study his words
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Spiritual growth through biblical teachings counselings and motivation | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Christian Ofosu-Nyantakyi is the | Host Priest | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Inner Court Sanctuary Praise Palace
- EIN
- 61-1623145
- Address
- 1660 EAST GUNHILL ROAD, Bronx, NY 10469
Signing Officer
- Name
- Christian Ofosu-Nyantakyi is the
- Title
- Host Priest
- Phone
- 7186760613
- Signed
- 2015-05-14
- Discuss with paid preparer
- No
Preparer
- Firm
- J D Jeune CPA Pc
- Address
- 275 Madison Avenue Suite 1419, New York, NY 10016
- Preparer
- Jean Mary D Jeune CPA
- Phone
- 2128786640
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description AmountInsurance expense 1,559Charitable contribution 7,900Conference and meetings 7,253Repairs and maintenance 3,845office Supplies 1,317Marketing and Advertising 4,447Bank service 18Travel expenses 4,200Miscellaneous 5,219Depreciation expenses 7,713Guest Preacher allowance 8,500Staff allowance 2,000”
Description of other assets Part II line 24
“Category Beginning of Year End of YearFurniture 3,839 3,839Musical equipment 16,162 17,919Office equipment 9,499 9,499Leasehold improvement 5,926 5,926Vehicle less depreciation 8,045 5,793”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearVehicle loan 9,562 4,104Loan payable to members 1,726 183,300”
Raw XML Appendix104 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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Christian Ofosu-Nyantakyi is the |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7186760613 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1660 East Gun Hill Road |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Bronx |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10469 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 107316 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 328830 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 182637 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 44903 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2750 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 150787 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 371806 |
| IRS990EZ/GrossReceiptsAmt | 0 | 182637 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 139499 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 184402 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 139499 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 184402 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 79763 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Christian Ofosu-Nyantakyi is the |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Host Priest |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 43471 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 42976 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 53971 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Worship of God and study his words |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1250 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Spiritual growth through biblical teachings counselings and motivation |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 11288 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 187404 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 137734 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 182637 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.praisepalace.org |
| IRS990ScheduleA/ChurchInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountInsurance expense 1,559Charitable contribution 7,900Conference and meetings 7,253Repairs and maintenance 3,845office Supplies 1,317Marketing and Advertising 4,447Bank service 18Travel expenses 4,200Miscellaneous 5,219Depreciation expenses 7,713Guest Preacher allowance 8,500Staff allowance 2,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Category Beginning of Year End of YearFurniture 3,839 3,839Musical equipment 16,162 17,919Office equipment 9,499 9,499Leasehold improvement 5,926 5,926Vehicle less depreciation 8,045 5,793 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearVehicle loan 9,562 4,104Loan payable to members 1,726 183,300 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2016-03-07 17:11:31Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Christian Ofosu-Nyantakyi is the |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Host Priest |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7186760613 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | INNER COURT SANCTUARY PRAISE PALACE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INNE |
| ReturnHeader/Filer/EIN | 0 | 611623145 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1660 EAST GUNHILL ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Bronx |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10469 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 452804812 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | J D JEUNE CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 275 Madison Avenue Suite 1419 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | New York |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10016 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2128786640 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2015-05-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Jean Mary D Jeune CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2015-05-14T23:08:24-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.