GARMENTS OF PRAISE FOUNDATION INC

EIN: 454532726 501(c)(3) International Affairs

TUCSON, AZ

Total Revenue
$279,984
Total Expenses
$288,600
Total Assets
$3,403
Net Assets
$3,403
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
AZ
Principal Officer
ILOWEE M OWENS
Phone
5204069216
Tax Period
2023-01-01 to 2023-12-31

GARMENTS OF PRAISE FOUNDATION INC, founded in 2021, is a small nonprofit in the International Affairs sector that reported $280K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

TO ESTABLISH COMMUNITIES OF HOPE IN AFRICA BY PARTNERING WITH EXISTING MINISTRIES TO PROVIDE JOB SKILLS TRAINING, EDUCATION AND THE TEACHING AND PREACHING OF THE WORD OF GOD.

Program Service Accomplishments

Program 1
Expenses: $214,680 Revenue: $0

JOB SKILLS TRAINING AND EDUCATION: TAILORING SCHOOL AND SHALOM SCHOOL FOR 150 CHILDREN. PROVIDE SKILLS FOR EMPLOYMENT FOR ADULTS AND EDUCATION FOR CHILDREN. WE COMPLETED THE NEW NEW BUILDING, WHICH...

Read more

JOB SKILLS TRAINING AND EDUCATION: TAILORING SCHOOL AND SHALOM SCHOOL FOR 150 CHILDREN. PROVIDE SKILLS FOR EMPLOYMENT FOR ADULTS AND EDUCATION FOR CHILDREN. WE COMPLETED THE NEW NEW BUILDING, WHICH HOUSES THE DINING ROOM, TAILORING INSTITUTE WITH 28 STUDENTS IN 2023, AND NEW CHAPEL. SHALOM SCHOOL IS ONE OF VERY FEW SCHOOLS APPROVED BY THE GOVERNMENT TO ADD A JR HIGH SCHOOL IN 2024. STUDENTS RECEIVE TWO HOT MEALS DAILY AND UNIFORMS, BOOKS AND MEDICAL HELP.

Program 2
Expenses: $47,872 Revenue: $0

JESUS CARES FUND: WE ASSIST WITH FOOD, MEDICAL, HOUSING, CLOTHING, EDUCATION AND MISSION OUTREACH FOR THE POOR. HUNDREDS HELPED DURING THE YEAR.

Program 3
Expenses: $4,816 Revenue: $0

CHRISTIAN FELLOWSHIP ETHIOPIA: PROVIDE TRAINING AND MEETING SPACE FOR TEACHING AND PREACHING THE WORD OF GOD. HELD PASTORS AND LEADERS SEMINARS APRIL 10-26, 2023. OVER 500 ATTENDED THE TWO DAY...

Read more

CHRISTIAN FELLOWSHIP ETHIOPIA: PROVIDE TRAINING AND MEETING SPACE FOR TEACHING AND PREACHING THE WORD OF GOD. HELD PASTORS AND LEADERS SEMINARS APRIL 10-26, 2023. OVER 500 ATTENDED THE TWO DAY. SEMINARS HELD IN FOUR LOCATIONS. WE HAD BEEN UNABLE TO HOLD ANY SEMINARS SINCE 2019 DUE TO COVID-19.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $279,984
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $279,984

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $267,368
Other Expenses $288,600
TOTAL EXPENSES $288,600

Year-over-Year Comparison

2023 2022 Change
Revenue $279,984 $225,882 +0.2%
Expenses $288,600 $225,190 +0.3%
Net Income $-8,616 $692 -13.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ILOWEE OWENS PRESIDENT 5.00
Officer
$0 $0 $0
LAURIE BLOTKAMP TREASURER 20.00
Officer
$0 $0 $0
KATHY CARROL SECRETARY 1.00
Officer
$0 $0 $0
TROY STOKOE OFFICER 1.00
Officer
$0 $0 $0
TONY JOHNDROW DIRECTOR 1.00
Director
$0 $0 $0
ANDERS HITCHCOCK DIRECTOR 1.00
Director
$0 $0 $0
RHONDA GROSS DIRECTOR 1.00
Director
$0 $0 $0
PAUL BAKER DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $279,984 $288,600 $3,403 $-8,616
2022 $225,882 $225,190 $12,019 $692
Explore More Nonprofits
Top 100 Nonprofits in Arizona Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GARMENTS OF PRAISE FOUNDATION INC with other nonprofits in Arizona and across the country.