Civic Intelligence

Prayer Works Ministries

EIN 92-3345879 • 501(c)3 • Sherwood, AR

Profile

To receive and disburse charitable contributions for ministry services and the furtherance of the Apostolic Faith.

520 Ascot DrSherwood, AR 72120
Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

98th percentile

96%

Higher net margin than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

95th percentile

104%

Faster asset growth than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

159%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$1,625,641

Up $828,965 (+104%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,625,641

Up $828,965 (+104%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin98th percentile

Revenue

Up

$863,060

Up $529,817 (+159%) from 2023

Expenses

Up

$34,095

Up $3,778 (+12%) from 2023

Net Income

Up

$828,965

Up $526,039 (+174%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth95th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2023: $796,676Liabilities 2023: $0Net Assets 2023: $796,6762023Assets 2024: $1,625,641Liabilities 2024: $0Net Assets 2024: $1,625,6412024

Highlighted filing

2024

Assets$1,625,641
Liabilities$0
Net Assets$1,625,641
Open 2024 Filing

Operations Trend

Revenue Growth95th percentile

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

$1.0M$500K$0Revenue 2023: $333,243Expenses 2023: $30,317Net Income 2023: $302,9262023Revenue 2024: $863,060Expenses 2024: $34,095Net Income 2024: $828,9652024

Highlighted filing

2024

Revenue$863,060
Expenses$34,095
Net Income$828,965
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,625,641
Liabilities
$0
Net assets
$1,625,641
Revenue
$863,060
Expenses
$34,095
Net income
$828,965
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.00$1.63$0.86$0.03$0.83
2023Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.33$0.03$0.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 30, 2025
Return Version
2024v5.2
Gross Receipts
$863,060
Mission and Program Overview

Mission

To receive and disburse charitable contributions for ministry services and the furtherance of the Apostolic Faith.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$31,632$23,219▼ $8,413
Total Assets$796,676$1,625,641▲ $828,965
Other Assets Total$765,044$1,602,422▲ $837,378
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$796,676$1,625,641▲ $828,965
Total Net Assets Fund Balance$796,676$1,625,641▲ $828,965
Total Liabilities and Net Assets / Fund Balance$796,676$1,625,641▲ $828,965

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$8,550--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Joel HolmesPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$863,060
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$863,060
Change in Net Assets
$828,965
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$34,095
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$15,584--$15,584
Insurance$5,031--$5,031
All Other Expenses$3,187--$3,187
Fees for Services Legal$2,560--$2,560
Fees for Services Other$800--$800
Office Expenses$417--$417
Travel$2--$2
Interest$-97--$-97
Total Functional Expenses$34,095$0$0$34,095
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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 governing body review Part VI line 11

“The completed form 990 is reviewed and approved by the executive committee before filing and then presented to the governing body at the annual meeting of the Board of Directors. The form is kept on file and available to the governing body upon request.”

Governing documents etc available to public Part VI line 19

“The information concerning governing documents, policies, and financial statements are available to the public upon written request to the corporate office.”

Filing and Contact Details

Filer

Filer Name
Prayer Works Ministries
EIN
92-3345879
In Care Of
% Joel Holmes
Phone
5018378037
Address
520 Ascot Dr, Sherwood, AR 72120

Signing Officer

Name
Joel Holmes President
Title
President
Phone
5018378037
Signed
2025-10-30
Discuss with paid preparer
No

Organization Details

Principal Officer
Joel Holmes President
Formed
2023
Legal Domicile
Ar
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
A-1 Business Services
Address
42 1/2 Munroe Falls Ave, Munroe Falls, OH 44262
Preparer
Donald Ridenour
Phone
3306303426
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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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