Prayer Plan Missions INC FY2022 filing

Xenia, OH · Public charity (501(c)(3)) · International

✓ Tax-deductible
Revenue
$203K
-26% vs prior year
Spent
$278K
To programs
88%
Net assets
$107K
By yearFY2020–FY2024
Revenue
$203K
FY2022▼ -26%
Revenue by fiscal year
FY2020$200K
FY2021$272K
FY2022$203K
FY2023$327K
FY2024$267K
Expenses
$278K
FY2022▲ +17%
Expenses by fiscal year
FY2020$146K
FY2021$238K
FY2022$278K
FY2023$279K
FY2024$341K
Net assets
$107K
FY2022▼ -41%
Net assets by fiscal year
FY2020$147K
FY2021$181K
FY2022$107K
FY2023$155K
FY2024$81K

From the FY2022 Form 990 · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CPrayer Plan Missions INC
EINHdr · item D46-1808456
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 2014
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CXenia, OH
NTEE classificationIRS BMFInternational (Q33)
WebsiteHdr · item Jwww.ppmissions.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$244K
Management & general12%$34K
Total functional expensesLn 25$278K

Financial health

Is it on solid ground?

Program efficiency
88%
of spending reaches programs
Operating runway
3.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-37%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$107K
FY2022▼ -42%
Total assets by fiscal year
FY2020$148K
FY2021$186K
FY2022$107K
FY2023$155K
FY2024$81K
Total liabilities
$791
FY2022▼ -81%
Total liabilities by fiscal year
FY2020$1K
FY2021$4K
FY2022$791
FY2023$0
FY2024$348
Revenue less expensesPt I · Ln 19−$75K
Total assetsPt X · Ln 16$107K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Balance Sheet

Part X · end of year
CashLn 1$75K
Total assetsLn 16$107K
Total liabilitiesLn 26$791
Total net assetsLn 32$107K
Months of cash on handcomputed3.2

Statement of Revenue

Part VIII
Contributions & grants100%$202K
Investment income$1
Other revenue$311
Total revenueLn 12$203K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $75K · Operating expenses/yr $278K
3.2 months
Where the money goes
Program services
Program services $244K · Total expenses $278K
88%
Management & General
Management & general $34K · Total expenses $278K
12%
Fundraising
Fundraising $0 · Total expenses $278K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $224K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $202K · Total revenue $203K
100%
Government reliance
Government grants — · Total revenue $203K
—
Earned-income share
Program service revenue $0 · Total revenue $203K
0%
Investment reliance
Investment income $1 · Total revenue $203K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $278K
0%
Growth & trend
Revenue growth (YoY)
This year $203K · Prior year $272K
-26%
Net-asset trend (YoY)
End of year $107K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $203K · Expenses $278K
-37%
Liabilities-to-Assets
Total liabilities — · Total assets $107K
—
Net-asset ratio
Net assets $107K · Total assets $107K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $107K
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 $278K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $10K · Total expenses $278K
4%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%——
Overhead ratio 12%——
Fundraising cost ratio 0%——
Revenue growth -26%——
Legal fee ratio 0.5%——
Accounting fee ratio 1%——

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.

Leadership and pay

Who runs it, and what are they paid?

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 5th percentile of top reported officer pay among 1636 $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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Governance & Policies

Part VI
  • 9Voting board membersPt VI · Ln 1a
  • 9Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Supports Honduran churches sharing the Gospel and aid, inviting North Americans to join financially or on trips.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $156K of program spending, described in the organization's own filed words · FY2022.
01

Community Outreach

PPM provided food distribution to hundreds of people in various areas of the city. In 10 rural villages, 90 widows were ministered to bi-monthly with food; supplies, mattresses and spiritual encouragement. Several widows were furnished with new bathroom facilities including six who received bedside commodes.

$66Kprogram expense
02

Education

As a beginning step toward encouraging students to attend school, PPM provided school supplies to 250 elementary students in seven mountain villages. These local schools offer classes only through sixth grade, with students forced to move to a large city to obtain further education.

$47Kprogram expense
03

Health Care

PPM provides a small medical/dental clinic. Four volunteer Honduran medical personnel provided dental care, emergency medical services, and gynecological services. The nurse served 328 medical patients from 11 mountain villages in 2022. Patients ranged in age from 7 months to 93 years.

$43Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

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

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $267K$341K-19% 990 PDF
FY2023 $327K$279K+62% 990 PDF
FY2022 Viewing $203K$278K-26% 990 PDF
FY2021 $272K$238K+36% 990 PDF
FY2020 $200K$146K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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