Prakash Ministries

990EZ • Fiscal year 2019 • EIN 82-2295638

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 03, 2020

Organization Profile N/A

PO Box 64236Virginia Beach, VA 23467

(757) 472-0151

Siviq Scores

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

0.54x

Higher debt load relative to assets than 90% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

0.24x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

5.6%

Higher net margin than 55% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

$32,500

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 22.6% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

13%

Faster asset growth than 66% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

25%

Faster revenue growth than 76% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet

Liabilities / Assets90th percentile

Assets

$64,543

Up $7,625 (+13%) from 2018

Net Assets

$29,900

Up $8,073 (+37%) from 2018

Liabilities

Down

$34,643

Down $448 (-1.3%) from 2018

Revenue And Expenses

Liabilities / Revenue89th percentile Net Margin55th percentile

Revenue

$143,605

Up $28,977 (+25%) from 2018

Expenses

$135,532

Up $42,731 (+46%) from 2018

Net Income

Down

$8,073

Down $13,754 (-63%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

Highlighted filing

2019

Assets$64,543

Liabilities$34,643

Net Assets$29,900

Open 2019 Filing

Operations Trend

Revenue Growth76th percentile

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

Highlighted filing

2019

Revenue$143,605

Expenses$135,532

Net Income$8,073

Open 2019 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2019 to Dec 31, 2019
Signed: Mar 3, 2020
Return Version: 2019v5.0
Gross Receipts: $143,605

Mission and Program Overview

Mission

We seek to reach the most unreached places in the world. Caring for peoples physical and spiritual needs wherever we go. In meeting physical needs, Prakash Ministries provides the following:food for the hungry, wells for clean water, and disaster relief.

We seek to reach the most unreached places in the world, caring for people's physical and spiritual needs wherever we go. In meeting physical needs, Prakash ministries provides the following: Food for the hungry,wells for clean water, disaster relief and

Program Services

Description	Grants	Expenses
MINISTRY EXPENSES	$0	$95,529

Compensation and Service Providers

Top Officer Pay88th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
FELIX PRAKASH	Officer	PT	$32,500	-	$32,500
RICHARD COLQUITT	Director	PT	$0	-	-
BOB OBRIEN	Director	PT	$0	-	-

Filing and Contact Details

Filer

Filer Name: Prakash Ministries
EIN: 82-2295638
Phone: 7574720151
Address: PO BOX 64236, Virginia Beach, VA 23467

Signing Officer

Name: Felix Prakash
Title: Officer
Phone: 7574720151
Signed: 2020-03-03

Preparer

Firm: Lewis Accounting and Tax Service
Address: 312 CEDAR LAKES DRIVE SUITE 203, CHESAPEAKE, VA 23322-5897
Preparer: Ameena Lewis EA
Phone: 7578197218

Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“AUTO EXPENSE 82.”

Form 990EZ, Part I, Line 16

“Donations(bible,church,clothing,ministry) 33673.”

Form 990EZ, Part I, Line 16

“Evangelism and special events 1332.”

Form 990EZ, Part I, Line 16

“LAUNDRY 43.”

Form 990EZ, Part I, Line 16

“LICENSES AND PERMITS 25.”

Form 990EZ, Part I, Line 16

“MEALS 2771.”

Form 990EZ, Part I, Line 16

“MEDICAL EXPENSE 29.”

Form 990EZ, Part I, Line 16

“BANK CHARGES 20.”

Form 990EZ, Part I, Line 16

“OFFICE SUPPLIES 811.”

Form 990EZ, Part I, Line 16

“MINISTRY TRAVEL 60624.”

Raw XML Appendix177 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/BooksInCareOfDetail/PersonNm	0	FELIX PRAKASH
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	7574720151
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	PO BOX 64236
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	VIRGINIA BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	23467
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	56918
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	64543
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	143605
IRS990EZ/CostOfGoodsSoldAmt	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	8073
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	1638
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	56918
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	64543
IRS990EZ/FundraisingGrossIncomeAmt	0	0
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	0
IRS990EZ/GrossProfitLossSlsOfInvntryAmt	0	0
IRS990EZ/GrossReceiptsAmt	0	143605
IRS990EZ/GrossReceiptsForPublicUseAmt	0	0
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InitiationFeesAndCapContriAmt	0	0
IRS990EZ/InvestmentIncomeAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	21827
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	29900
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	21827
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	29900
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	1869
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	32500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	FELIX PRAKASH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	RICHARD COLQUITT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	BOB OBRIEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherEmployeePaidOver100kCnt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	99410
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	We seek to reach the most unreached places in the world, caring for people's physical and spiritual needs wherever we go. In meeting physical needs, Prakash ministries provides the following: Food for the hungry,wells for clean water, disaster relief and
IRS990EZ/PrintingPublicationsPostageAmt	0	94
IRS990EZ/ProgramServiceRevenueAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	MINISTRY EXPENSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	95529
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	32521
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SpecialEventsDirectExpensesAmt	0	0
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	0
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	35091
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	34643
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	135532
IRS990EZ/TotalProgramServiceExpensesAmt	0	95529
IRS990EZ/TotalRevenueAmt	0	143605
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	143605
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	114628
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	258233
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	0
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	0
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
IRS990ScheduleA/OtherSupportSumAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	258233
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	0
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	143605
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	114628
IRS990ScheduleA/Total509Grp/TotalAmt	0	258233
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	258233
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	AUTO EXPENSE 82.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DONATIONS(BIBLE,CHURCH,CLOTHING,MINISTRY) 33673.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	EVANGELISM AND SPECIAL EVENTS 1332.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	LAUNDRY 43.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	LICENSES AND PERMITS 25.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	MEALS 2771.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	MEDICAL EXPENSE 29.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	BANK CHARGES 20.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	8	OFFICE SUPPLIES 811.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	9	MINISTRY TRAVEL 60624.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	7	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	8	Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	9	Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS	0	2021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	FELIX PRAKASH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7574720151
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2020-03-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	PRAKASH MINISTRIES
ReturnHeader/Filer/BusinessNameControlTxt	0	PRAK
ReturnHeader/Filer/EIN	0	822295638
ReturnHeader/Filer/PhoneNum	0	7574720151
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	PO BOX 64236
ReturnHeader/Filer/USAddress/CityNm	0	Virginia Beach
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	VA
ReturnHeader/Filer/USAddress/ZIPCd	0	23467
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	0D733F29C553A27F2D598179E1A72338EAD2C76E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	63D49A1D12678CA5D90C67B3330931D536B14FE1
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	72.214.67.168
ReturnHeader/FilingSecurityInformation/IPDt	0	2020-04-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	PD
ReturnHeader/FilingSecurityInformation/IPTm	0	07:52:36
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	LEWIS ACCOUNTING AND TAX SERVICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	312 CEDAR LAKES DRIVE SUITE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	CHESAPEAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	233225897
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7578197218
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2020-04-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Ameena Lewis EA
ReturnHeader/ReturnTs	0	2020-04-05T07:52:49-07:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-01-01
ReturnHeader/TaxPeriodEndDt	0	2019-12-31
ReturnHeader/TaxYr	0	2019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $64,543
Liabilities: $34,643
Net assets: $29,900
Revenue: $143,605
Expenses: $135,532
Net income: $8,073

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.88	$0.00	$5.88	$4.78	$1.91	$2.87
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.15	$0.00	$3.15	$2.60	$3.16	$0.56
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.71	$0.00	$3.71	$2.44	$1.85	$0.59
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.30	$0.00	$3.30	$3.40	$1.91	$1.48
2020Detailed filing. Detailed filing data is available for this year.	$1.61	$0.27	$1.34	$1.81	$0.77	$1.04
2019Detailed filing. Detailed filing data is available for this year.	$0.65	$0.35	$0.30	$1.44	$1.36	$0.08
2018Detailed filing. Detailed filing data is available for this year.	$0.57	$0.35	$0.22	$1.15	$0.93	$0.22