Present Truth Prayer Center Incorporated
EIN: 320187322 · Baton Rouge, LA · NTEE: X99
| Metric | Value |
|---|---|
| Total Expenses | $212K |
| Net Assets | $373K |
Is Present Truth Prayer Center Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Present Truth Prayer Center Incorporated
Present Truth Prayer Center Incorporated (EIN: 320187322) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code X99. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Present Truth Prayer Center Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Present Truth Prayer Center Incorporated is a small nonprofit that has been operating for 19 years, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 21.4%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $256K |
| Total Expenses | $212K |
| Surplus / Deficit | +$44K |
| Total Assets | $745K |
| Total Liabilities | $372K |
| Net Assets | $373K |
| Operating Margin | 17.2% |
| Debt-to-Asset Ratio | 50.0% |
| Months of Reserves | 42.2 months |
Financial Health Grade: A
In 2014, Present Truth Prayer Center Incorporated reported a surplus of $44K with revenue exceeding expenses, holds 42.2 months of operating reserves (strong position), has a debt-to-asset ratio of 50.0% (high leverage).
Financial Trends
Over 4 years of filings (2011–2014), Present Truth Prayer Center Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 21.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +13.8% | +14.3% | +3.3% |
| 2013 | +17.1% | +16.8% | +4.6% |
| 2012 | +34.4% | +4.7% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Present Truth Prayer Center Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Present Truth Prayer Center Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $44K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.0%.
Frequently Asked Questions about Present Truth Prayer Center Incorporated
Is Present Truth Prayer Center Incorporated a legitimate charity?
Present Truth Prayer Center Incorporated (EIN: 320187322) is a registered tax-exempt nonprofit based in Louisiana. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Present Truth Prayer Center Incorporated spend its money?
Present Truth Prayer Center Incorporated reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Present Truth Prayer Center Incorporated tax-deductible?
Present Truth Prayer Center Incorporated is registered as a tax-exempt nonprofit (EIN: 320187322). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Present Truth Prayer Center Incorporated located?
Present Truth Prayer Center Incorporated is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 320187322. It is classified under NTEE code X99.
How many years of IRS 990 filings does Present Truth Prayer Center Incorporated have?
Present Truth Prayer Center Incorporated has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Present Truth Prayer Center Incorporated showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Present Truth Prayer Center Incorporated's revenue has grown by 79.1%, moving from $143K to $256K. Total assets increased by 11.7% over the same period, from $667K to $745K. Total functional expenses rose by 39.7%, from $152K to $212K. In its most recent filing year (2014), Present Truth Prayer Center Incorporated reported a surplus of $44K, with revenue exceeding expenses. The organization holds $372K in liabilities against $745K in assets (debt-to-asset ratio: 50.0%), resulting in net assets of $373K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $256K | $212K | $745K | $372K | — | View 990 |
| 2013 | $225K | $185K | $722K | $390K | — | View 990 |
| 2012 | $192K | $159K | $690K | $397K | — | View 990 |
| 2011 | $143K | $152K | $667K | $408K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $256K, expenses of $212K, and assets of $745K (revenue +13.8% year-over-year).
- 2013: Revenue of $225K, expenses of $185K, and assets of $722K (revenue +17.1% year-over-year).
- 2012: Revenue of $192K, expenses of $159K, and assets of $690K (revenue +34.4% year-over-year).
- 2011: Revenue of $143K, expenses of $152K, and assets of $667K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Present Truth Prayer Center Incorporated:
Data Sources and Methodology
This transparency report for Present Truth Prayer Center Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.