Prayer Plan Missions INC EIN 46-1808456 Form 990 (PDF) Claim this org

Prayer Plan Missions INC FY2020 filing

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Supports Honduran churches sharing the Gospel and aid, inviting North Americans to join financially or on trips. For fiscal year 2020 it reported $200K in revenue, $146K in expenses, and $147K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Xenia, OH
Website
www.ppmissions.org
Filings
5 on file (2020–2020)
Revenue
$200KFY2020
Expenses
$146K
Net assets
$147K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-1808456 Public charity (501(c)(3)) Xenia, OH
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Supports Honduran churches sharing the Gospel and aid, inviting North Americans to join financially or on trips.
Leadership
Ed Shonkwiler · Overseer
Money in and out
$200K revenue, $146K expenses
Bottom line
86% program efficiency
Where the money goes · FY2020
Total revenue
$200K
Pt VIII · Ln 12
Total expenses
$146K
Pt IX · Ln 25
Net assets
$147K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $55K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.14
Program efficiency
86%
of spending reaches programs
Operating runway
8.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+27%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$200K
FY2020
Expenses
$146K
FY2020
Total assets
$148K
FY2020
Total liabilities
$1K
FY2020
Total revenue
$200K
Pt VIII · Ln 12
Total expenses
$146K
Pt IX · Ln 25
Net assets
$147K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$55K
Total assetsPt X · Ln 16$148K
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPrayer Plan Missions INC
EINHdr · item D46-1808456
Principal addressHdr · item CXenia, OH
WebsiteHdr · item Jwww.ppmissions.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFJan 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Chairman of the Boad
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Ed Shonkwiler’s $7K as Overseer/Chair is at the 6th percentile of top reported officer pay among 1637 $100K–1M international 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 · 1 named individual · Part VII

NameFY2024FY2023
Ed Shonkwiler$7,150$7,700

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.

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Mission & Programs · Part III

Where the work happens

3 program services account for $125K of program spending, described in the organization's own filed words · FY2020.
01

Community Outreach Programs/Projects

21 couples were married in two mass wedding ceremonies. PPM provided funds for the marriage licenses, wedding dresses and receptions. Ministers associated with PPM officiated the services. Construction projects include replacing failing water pipe system supplying water to 5 ruarl villages (500 families affected).

$53Kprogram expense
02

Food Distribution

During the COVID-19 restrictions, food supplies to the mountain villages of honduras were cut off. Prayer plan missions arranged for food distribution to 8 villages serving 663 homes with over 30,500 LBS of food. In the city of san pedro sula, 55 families living in extreme poverty were also supplied with food.

$48Kprogram expense
03

Education

Prayer plan missions supported a christian school in a city of honduras. Assitance with teacher's salaries, roof repairs, debt payments and scholarships for needy students were provided. 100 students benefited. Public schools in rural mountain areas of honduras only educate to the 6TH grade.

$24Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$199K · 99%
Other revenue$1K · 1%
Contributions & grants99%$199K
Other revenue1%$1K
Investment income$1
Total revenueLn 12$200K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$125K
Management & general14%$21K
Total functional expensesLn 25$146K

Balance Sheet

Part X · end of year
CashLn 1$97K
Total assetsLn 16$148K
Total liabilitiesLn 26$1K
Total net assetsLn 32$147K
Months of cash on handcomputed8.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $97K · Operating expenses/yr $146K
8.0 months
Where the money goes
Program services
Program services $125K · Total expenses $146K
86%
Management & General
Management & general $21K · Total expenses $146K
14%
Fundraising
Fundraising $0 · Total expenses $146K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $199K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $199K · Total revenue $200K
99%
Government reliance
Government grants — · Total revenue $200K
Earned-income share
Program service revenue $0 · Total revenue $200K
0%
Investment reliance
Investment income $1 · Total revenue $200K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $146K
0%
Growth & trend
Revenue growth (YoY)
This year $200K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $147K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $200K · Expenses $146K
+27%
Liabilities-to-Assets
Total liabilities — · Total assets $148K
Net-asset ratio
Net assets $147K · Total assets $148K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $148K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ed Shonkwiler · Reported title OVERSEER · Highest reported compensation $0 · Total expenses $146K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $13K · Total expenses $146K
9%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 14%
Fundraising cost ratio 0%
Legal fee ratio 0.7%
Accounting fee ratio 2%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$20K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$267K revenue · ⤓ 990 PDF
FY2023$327K revenue · ⤓ 990 PDF
FY2022$203K revenue · ⤓ 990 PDF
FY2021$272K revenue · ⤓ 990 PDF
FY2020$200K revenue · viewing · ⤓ 990 PDF

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Sources

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