Civic Intelligence

Preashea Hilliard Ministries

EIN 83-0631887 • 501(c)3 • Forsyth, GA

Revoked

Profile

To equip generations for kingdom legacy built on the foundation of prayer honor and authentic living

Revocation date: May 15, 2024

1107 Victorian BoulevardForsyth, GA 31029

preashea.com

Siviq Scores

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

Liabilities / Assets

85th percentile

0.29x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

0.05x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

89th percentile

$26,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

97th percentile

372%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

117%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$63,694

Up $50,190 (+372%) from 2022

Liabilities

Up

$18,296

Up $5,826 (+47%) from 2022

Net Assets

Up

$45,398

Up $44,364 (+4291%) from 2022

Operations
Liabilities / Revenue79th percentileNet Margin67th percentile

Revenue

Up

$340,361

Up $183,411 (+117%) from 2022

Expenses

Up

$295,997

Up $104,134 (+54%) from 2022

Net Income

Up

$44,364

Up $79,277 (+227%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

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

$80K$60K$40K$20K$0Assets 2021: $35,947Net Assets 2021: $35,9472021Assets 2022: $13,504Liabilities 2022: $12,470Net Assets 2022: $1,0342022Assets 2023: $63,694Liabilities 2023: $18,296Net Assets 2023: $45,3982023

Highlighted filing

2023

Assets$63,694
Liabilities$18,296
Net Assets$45,398
Open 2023 Filing

Operations Trend

Revenue Growth92nd percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2021: $125,206Expenses 2021: $89,259Net Income 2021: $35,9472021Revenue 2022: $156,950Expenses 2022: $191,863Net Income 2022: -$34,9132022Revenue 2023: $340,361Expenses 2023: $295,997Net Income 2023: $44,3642023

Highlighted filing

2023

Revenue$340,361
Expenses$295,997
Net Income$44,364
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$63,694
Liabilities
$18,296
Net assets
$45,398
Revenue
$340,361
Expenses
$295,997
Net income
$44,364
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.64$0.18$0.45$3.40$2.96$0.44
2022Detailed filing. Detailed filing data is available for this year.$0.14$0.12$0.01$1.57$1.92$0.35
2021Detailed filing. Detailed filing data is available for this year.$0.36$0.36$1.25$0.89$0.36
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 22, 2024
Return Version
2023v5.0
Gross Receipts
$340,361
Mission and Program Overview

Mission

To equip generations for kingdom legacy built on the foundation of prayer honor and authentic living

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$7,080$58,258▲ $51,178
Cash and Non-Interest-Bearing Accounts$6,424$2,048▼ $4,376
Total Assets$13,504$63,694▲ $50,190
Other Assets Total-$3,388-
Liabilities
Other Liabilities$12,470$18,296▲ $5,826
Total Liabilities$12,470$18,296▲ $5,826
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,034$45,398▲ $44,364
Total Net Assets Fund Balance$1,034$45,398▲ $44,364
Total Liabilities and Net Assets / Fund Balance$13,504$63,694▲ $50,190

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$3,388--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Preashea HilliardOfficerFT$26,000$26,000
Revenue and Support

Revenue Composition

Contributions and Grants
$243,982
Program Service Revenue
$62,993
Investment Income
$0
Other Revenue
$33,386
Change in Net Assets
$44,364
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$267,421
Salaries, Compensation, and Employee Benefits$28,576
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$145,864--$145,864
Travel$69,622--$69,622
Office Expenses$31,590--$31,590
Comp Disqual Persons$26,000--$26,000
Advertising$14,212--$14,212
Occupancy$6,133--$6,133
Payroll Taxes$2,576--$2,576
Total Functional Expenses$295,997$0$0$295,997
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Platinum Card$9,946
Payroll Liabilities$8,350
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Preashea Hilliard Ministries
EIN
83-0631887
Phone
9182609263
Address
1107 VICTORIAN BOULEVARD, FORSYTH, GA 31029

Signing Officer

Name
Preashea Hilliard
Title
Officer
Phone
9182609263
Signed
2024-11-22

Organization Details

Principal Officer
Preashea Hilliard
Voting Board Members
1
Independent Board Members
1
Employees
1

Preparer

Firm
Cook Johnston & Co Cpas
Address
333 N SAM HOUSTON PKWY E STE 375, HOUSTON, TX 77060
Preparer
Daniel G Cook CPA
Phone
2819991636
Supplemental Narrative

Additional Explanations

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

“Social media appearances and charitable activities”

Form 990, Part IX, Line 11G

“Contract & professional 86,275 0 0 payroll expenses 199 0 0 supplies 1,758 0 0 education and empowerment 7,976 0 0 hospitality/gifts 2,626 0 0 charitable donations 31,208 0 0 storage 556 0 0 vechile expenses 15,266 0 0 total 145,864 0 0”

Raw XML Appendix269 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACT & PROFESSIONAL 86,275 0 0 PAYROLL EXPENSES 199 0 0 SUPPLIES 1,758 0 0 EDUCATION AND EMPOWERMENT 7,976 0 0 HOSPITALITY/GIFTS 2,626 0 0 CHARITABLE DONATIONS 31,208 0 0 STORAGE 556 0 0 VECHILE EXPENSES 15,266 0 0 TOTAL 145,864 0 0
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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