Practice Ministries Inc

990EZ • Fiscal year 2011 • EIN 75-2664146

Jan 01, 2011 to Dec 31, 2011 • Filed on Aug 14, 2012

Organization Profile WWW.PRACTICEMINISTRIES.ORG

8409 Pickwick Ln75225

Siviq Scores

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

0.00x

Higher debt load relative to assets than 56% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

-3.0%

Higher net margin than 36% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

No value available

This filing does not contain officer compensation rows.

Source year 2011

-4.0%

Faster asset growth than 41% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

-24%

Faster revenue growth than 23% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

Balance Sheet

Liabilities / Assets56th percentile

Assets

Down

$162,719

Down $6,818 (-4.0%) from 2010

Net Assets

Down

$162,102

Down $7,435 (-4.4%) from 2010

Liabilities

$617

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / Revenue60th percentile Net Margin36th percentile

Revenue

Down

$119,827

Down $37,137 (-24%) from 2010

Expenses

$123,464

Up $5,165 (+4.4%) from 2010

Net Income

Down

-$3,637

Down $42,302 (-109%) from 2010

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

Highlighted filing

2011

Assets$162,719

Liabilities$617

Net Assets$162,102

Open 2011 Filing

Operations Trend

Revenue Growth23rd percentile

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

Highlighted filing

2011

Revenue$119,827

Expenses$123,464

Net Income-$3,637

Open 2011 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2011 to Dec 31, 2011
Signed: Aug 14, 2012
Return Version: 2011v1.2

Mission and Program Overview

Mission

Practice ministries is all about dads and kids doing bible study together with other dads and their sons or daughters. It's about putting god's word into practice together while having a lot of fun doing it.

Filing and Contact Details

Filer

EIN: 75-2664146

Raw XML Appendix277 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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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	3	Sammy Bickham
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	4	Rick Jackson
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	5	Bobby Fitzpatrick
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	6	John Bunten
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	7	Robin Blakeley
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	8	Brant Bernet
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	9	William P Zukoski
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IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	Outreach Media Event: The film, Breaking the Press, premiered at Studio Movie Grill in Dallas. The writer and produce of the film asked Practice Ministries to invite families to the event, and Practice Ministries rented the studio and paid for the food at the event. The Film is about the Parable of the Lost Son set in modern times in the world of high school basketball.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	1	Continued the Practice Ministries Translation Center which pays for translations of Practice Ministries Bible study lessons into languages other than English, as well as printing and distribution costs. Practice Ministries provides these lessons at no charge to pastors who do not have the financial resources to purchase discipleship materials.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	2	Established and/or continued 60 Bible studies for fathers and their children (primarily grades 3 - 9) in 5 Texas cities. Approximately 600 families participate in weekly Bible studies.
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IRS990ScheduleO/GeneralExplanation/Explanation	0	Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $617
IRS990ScheduleO/GeneralExplanation/Explanation	1	Reconciling difference recorded -chg in accounting software $3798
IRS990ScheduleO/GeneralExplanation/Explanation	2	Books,Subscriptions,Reference $148
IRS990ScheduleO/GeneralExplanation/Explanation	3	Misc $472
IRS990ScheduleO/GeneralExplanation/Explanation	4	Gifts for hosts etc $571
IRS990ScheduleO/GeneralExplanation/Explanation	5	Telephone $1524
IRS990ScheduleO/GeneralExplanation/Explanation	6	Contact Meetings $2154
IRS990ScheduleO/GeneralExplanation/Explanation	7	Bank Fees $4002
IRS990ScheduleO/GeneralExplanation/Explanation	8	Outreach Event $4139
IRS990ScheduleO/GeneralExplanation/Explanation	9	Translation Work $5329
IRS990ScheduleO/GeneralExplanation/Explanation	10	Conferences, Conventions, and Meetings $3740
IRS990ScheduleO/GeneralExplanation/Explanation	11	Travel $676
IRS990ScheduleO/GeneralExplanation/Explanation	12	Information Technology $90
IRS990ScheduleO/GeneralExplanation/Explanation	13	Office Expenses $1906
IRS990ScheduleO/GeneralExplanation/Identifier	0	Form 990-EZ, Part II, Line 26.1001
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IRS990ScheduleO/GeneralExplanation/Identifier	7	Form 990-EZ, Part I, Line 16.4
IRS990ScheduleO/GeneralExplanation/Identifier	8	Form 990-EZ, Part I, Line 16.3
IRS990ScheduleO/GeneralExplanation/Identifier	9	Form 990-EZ, Part I, Line 16.1
IRS990ScheduleO/GeneralExplanation/Identifier	10	Form 990-EZ, Part I, Line 16.1007
IRS990ScheduleO/GeneralExplanation/Identifier	11	Form 990-EZ, Part I, Line 16.1005
IRS990ScheduleO/GeneralExplanation/Identifier	12	Form 990-EZ, Part I, Line 16.1003
IRS990ScheduleO/GeneralExplanation/Identifier	13	Form 990-EZ, Part I, Line 16.1002
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IRS990ScheduleO/GeneralExplanation/ReturnReference	3	Other Expenses.8
IRS990ScheduleO/GeneralExplanation/ReturnReference	4	Other Expenses.7
IRS990ScheduleO/GeneralExplanation/ReturnReference	5	Other Expenses.6
IRS990ScheduleO/GeneralExplanation/ReturnReference	6	Other Expenses.5
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ReturnHeader/BuildTS	0	2016-02-24 21:20:13Z
ReturnHeader/Filer/EIN	0	752664146
ReturnHeader/Filer/Name/BusinessNameLine1	0	Practice Ministries Inc
ReturnHeader/Filer/NameControl	0	PRAC
ReturnHeader/Filer/Phone	0	2146914290
ReturnHeader/Filer/USAddress/AddressLine1	0	8409 Pickwick Ln
ReturnHeader/Filer/USAddress/City	0	Dallas
ReturnHeader/Filer/USAddress/State	0	TX
ReturnHeader/Filer/USAddress/ZIPCode	0	75225
ReturnHeader/Officer/AuthorizeThirdParty	0	true
ReturnHeader/Officer/DateSigned	0	2012-08-14
ReturnHeader/Officer/Name	0	William P Zukoski
ReturnHeader/Officer/Title	0	Director
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	Holden & Parker PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	8117 Preston Road Suite 300
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	Dallas
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	TX
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	75225
ReturnHeader/Preparer/Name	0	Kendall R Holden
ReturnHeader/Preparer/Phone	0	2147069099
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2011-01-01
ReturnHeader/TaxPeriodEndDate	0	2011-12-31
ReturnHeader/TaxYear	0	2011
ReturnHeader/Timestamp	0	2012-08-14T10:36:58-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $162,719
Liabilities: $617
Net assets: $162,102
Revenue: $119,827
Expenses: $123,464
Net income: -$3,637

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$4.78	$0.03	$4.75	$2.81	$2.93	$0.11
2023Detailed filing. Detailed filing data is available for this year.	$4.89	$0.03	$4.86	$3.11	$2.89	$0.22
2022Detailed filing. Detailed filing data is available for this year.	$4.67	$0.03	$4.64	$2.90	$2.78	$0.12
2021Detailed filing. Detailed filing data is available for this year.	$4.58	$0.06	$4.52	$2.78	$2.94	$0.16
2020Detailed filing. Detailed filing data is available for this year.	$4.84	$0.09	$4.75	$3.69	$2.75	$0.94
2019Detailed filing. Detailed filing data is available for this year.	$3.82	$0.01	$3.81	$2.74	$2.39	$0.35
2018Detailed filing. Detailed filing data is available for this year.	$3.46	$0.00	$3.46	$2.98	$1.64	$1.33
2017Detailed filing. Detailed filing data is available for this year.	$2.13	$0.00	$2.13	$1.74	$1.67	$0.07
2016Detailed filing. Detailed filing data is available for this year.	$2.07	$0.01	$2.06	$1.77	$1.26	$0.50
2015Detailed filing. Detailed filing data is available for this year.	$1.56	$0.01	$1.55	$1.21	$1.41	$0.20
2014Detailed filing. Detailed filing data is available for this year.	$1.78	$0.03	$1.75	$1.43	$1.52	$0.09
2013Detailed filing. Detailed filing data is available for this year.	$1.87	$0.03	$1.84	$2.19	$1.63	$0.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.28	$0.00	$1.28	$0.98	$1.32	$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.63	$0.01	$1.62	$1.20	$1.23	$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.70		$1.70	$1.57	$1.18	$0.39