PRAISE CENTER MINISTRIES INC Charity Report

Public IRS 990 nonprofit record

PRAISE CENTER MINISTRIES INC

EIN 73-1195395 · Christianity (X20)

What they do

PREACH GOSPEL of JESUS CHRIST

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

75.70%of revenue went to mission work86.4% of expenses · Program services

$87.59spent for every $100 of revenueRevenue covered expenses this year.

11.88%of revenue went to management and office costs13.6% of expenses

$1.85in assets for every $1 spent this yearSome assets cannot be spent right away.

99.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $107,069 for ANTHONY R LYNN (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$592,467

Mission workProgram services$448,50475.70% of revenue86.4% of expenses

ManagementOffice and general costs$70,40911.88% of revenue13.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$73,55412.41% of revenueShown in gray on the chart

Total expenses$518,91387.59% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2020CurrentExpense mix: 86.4% mission · 13.6% management · 0.0% fundraisingTotal expenses: 87.59% of revenue

2019Expense mix: 83.9% mission · 13.8% management · 2.3% fundraisingTotal expenses: 98.89% of revenue

2018Expense mix: 81.4% mission · 18.6% management · 0.0% fundraisingTotal expenses: 105.65% of revenue

2017Expense mix: 84.9% mission · 15.1% management · 0.0% fundraisingTotal expenses: 98.66% of revenue

2016Expense mix: 82.0% mission · 18.0% management · 0.0% fundraisingTotal expenses: 96.70% of revenue

Money in and money out

Revenue$592,467

Expenses$518,913

Annual surplus $73,554 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$448,504 · 86.4% of expenses

Management and office costs$70,409 · 13.6% of expenses

See all reported dollar amounts

Revenue$592,467

Expenses$518,913

Assets$959,394

Income$594,489

Contributions$590,923

Mission work (program services)$448,504

Grants given$7,450

Average grant$7,450

Management and general$70,409

Accounting fees$10,584

People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANTHONY R LYNNPRESIDENT · 40 hrs/week $107,069Base $79,240 · Other $27,829

LINDA PEREFFSECRETARYTREASURER · 40 hrs/week $24,286

JOAN LYNNBOARD MEMBER · 40 hrs/week $17,616

VICKIE LYNNVICE PRESIDENT · 40 hrs/week $7,850

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (8)

ANTHONY R LYNNPRESIDENT

LINDA PEREFFSECRETARYTREASURER

JOAN LYNNBOARD MEMBER

VICKIE LYNNVICE PRESIDENT

KEN HARRISBOARD MEMBER

LARRY LYNNBOARD MEMBER

LEON LYNNBOARD MEMBER

LUIS TORRESBOARD MEMBER

About this charity

Recognized since: January 1984
Location: PO BOX 522, JENKS, OK 74037-0522
County: Tulsa
In care of: % TERRY E MOSLEY CPA INC
Primary officer: LINDA PEREFF, SECRETARY

How to reach them

WebsiteVisit the charity’s website EmailAccountSupport@cfaith.com Phone(918) 248-5776

Filing and classification

Latest tax year: 2020
Tax period began: January 1, 2020
Return type: 990
Tax preparer: TERRY E MOSLEY CPA INC
NTEE classification: Christianity (X20)
IRS tax category: Christianity
Grant-giving organization: Yes