Permian Basin First Priority INC EIN 26-3931699 Form 990 (PDF) Claim this org

Permian Basin First Priority INC FY2020 filing

Not yet claimed Claim this org →

Connects local churches with students to share the Gospel through school clubs. For fiscal year 2020 it reported $289K in revenue, $234K in expenses, and $246K in net assets.Pt I

Type
Religious organization · Religion
Location
Odessa, TX
Filings
6 on file (2020–2020)
Revenue
$289KFY2020
Expenses
$234K
Net assets
$246K
People
12
Filings
6
Updates
0
More identity details & actions ⌄
EIN  26-3931699 Religious organization Odessa, TX
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Permian Basin First Priority INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Connects local churches with students to share the Gospel through school clubs.
Leadership
Natalie Kenney · Area Director · $50K
Money in and out
$289K revenue, $234K expenses
Bottom line
95% program efficiency
Where the money goes · FY2020
Total revenue
$289K
Pt VIII · Ln 12
Total expenses
$234K
Pt IX · Ln 25
Net assets
$246K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $55K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.05 Fundraising $0.00
Program efficiency
95%
of spending reaches programs
Operating runway
14.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+19%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$289K
FY2020
Expenses
$234K
FY2020
Total assets
$283K
FY2020
Total liabilities
$37K
FY2020
Total revenue
$289K
Pt VIII · Ln 12
Total expenses
$234K
Pt IX · Ln 25
Net assets
$246K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$55K
Total assetsPt X · Ln 16$283K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPermian Basin First Priority INC
EINHdr · item D26-3931699
Principal addressHdr · item COdessa, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X20)
Ruling yearIRS BMFAug 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Area Director
$50,250Pt VII · Sec A
Executive Director
$36,875Pt VII · Sec A
Information Technology
$15,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President/CEO
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Natalie Kenney’s $75K as Odessa Director/Administra is at the 75th percentile of top reported officer pay among 2132 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
David Kenney$89,825$88,943$92,400$36,875
Natalie Kenney$75,000$75,000$63,565$63,205$52,000$50,250
Randy Unruh$65,000
Tony Baccari$62,000$62,000$56,516$63,776
David Shane Kenney$28,084$25,000
Victoria Kenney$27,500$25,000
Angela Starnes$25,000$25,000$20,650$20,541
Randal Unruh$23,958

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Permian Basin First Priority INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $221K of program spending, described in the organization's own filed words · FY2020.
01

Unite the local body of christ with a plan of action to influence the school with the gospel. The ministry of first priority gets worked out through a club at school.

$221Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$287K · 99%
Investment income$2K · 1%
Contributions & grants99%$287K
Investment income1%$2K
Total revenueLn 12$289K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05 Fundraising $0.00
Program services95%$221K
Management & general5%$12K
Fundraising$539
Total functional expensesLn 25$234K

Balance Sheet

Part X · end of year
CashLn 1$281K
Total assetsLn 16$283K
Total liabilitiesLn 26$37K
Total net assetsLn 32$246K
Months of cash on handcomputed14.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $281K · Operating expenses/yr $234K
14.4 months
Where the money goes
Program services
Program services $221K · Total expenses $234K
95%
Management & General
Management & general $12K · Total expenses $234K
5%
Fundraising
Fundraising $539 · Total expenses $234K
0.2%
Cost to raise $1
Fundraising expense $539 · Solicited contributions $287K
$0.00 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $287K · Total revenue $289K
99%
Government reliance
Government grants — · Total revenue $289K
Earned-income share
Program service revenue $0 · Total revenue $289K
0%
Investment reliance
Investment income $2K · Total revenue $289K
+0.6%
Program self-sufficiency
Program service revenue $0 · Total expenses $234K
0%
Growth & trend
Revenue growth (YoY)
This year $289K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $246K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $289K · Expenses $234K
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $283K
Net-asset ratio
Net assets $246K · Total assets $283K
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $283K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Natalie Kenney · Reported title AREA DIRECTOR · Highest reported compensation $50K · Total expenses $234K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $176K · Total expenses $234K
76%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 5%
Fundraising cost ratio 0.2%
Accounting fee ratio 0.5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 3 grants · $29K · 2021–2024

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$875K revenue · ⤓ 990 PDF
FY2024$776K revenue · ⤓ 990 PDF
FY2023$542K revenue · ⤓ 990 PDF
FY2022$470K revenue · ⤓ 990 PDF
FY2021$363K revenue · ⤓ 990 PDF
FY2020$289K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.