PRAY LOVE UNITE MINISTRIES INC

EIN: 472405896 501(c)(3) Religion

BESSEMER, AL

Total Revenue
$306,418
Total Expenses
$270,216
Total Assets
$346,403
Net Assets
$194,335
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
AL
Principal Officer
PEGGY HARRISON
Phone
2052769804
Tax Period
2023-01-01 to 2023-12-31

PRAY LOVE UNITE MINISTRIES INC, founded in 2014, is a small nonprofit in the Religion sector that reported $306K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $270K left a modest 12% surplus.

Mission

PROVIDE AID TO IMPOVERISHED LOCALLY, NATIONALLY, AND INTERNATIONALLY.

Program Service Accomplishments

Program 1
Expenses: $35,495

MISSION BULGARIA - INTENTIONAL INCLUSION OF PEOPLE OF BULGARIA REGARDLESS OF RACE OR SOCIOECONOMIC STATUS, IN A CHRISTIAN COMMUNITY THROUGH EDUCATION, WORSHIP, PLAY & SHARING FOOD. PROVIDE SUPPORT...

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MISSION BULGARIA - INTENTIONAL INCLUSION OF PEOPLE OF BULGARIA REGARDLESS OF RACE OR SOCIOECONOMIC STATUS, IN A CHRISTIAN COMMUNITY THROUGH EDUCATION, WORSHIP, PLAY & SHARING FOOD. PROVIDE SUPPORT FOR MISSIONARIES FROM THE UNITED STATES OF AMERICA AND BULGARIA THROUGH CARE FOR ALL MINISTRIES. 6-10 TEAMS OF 8 TRAVEL ANNUALLY REACHING 5000+ PEOPLE.

Program 2
Expenses: $220,633

COLLECTIVUS CHURCH - A MODERN DAY EXPRESSION OF THE EARLY CHURCH. OFFERS IN PERSON WORSHIP ON SUNDAYS AND MISSIONAL COMMUNITIES TO SHARE MEALS, WORSHIP, READ SCRIPTURES AND LEARN TO LIVE...

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COLLECTIVUS CHURCH - A MODERN DAY EXPRESSION OF THE EARLY CHURCH. OFFERS IN PERSON WORSHIP ON SUNDAYS AND MISSIONAL COMMUNITIES TO SHARE MEALS, WORSHIP, READ SCRIPTURES AND LEARN TO LIVE "MISSIONALLY" IN OUR OWN NEIGHBORHOODS.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $306,210
Program Service Revenue $0
Investment Income $208
Other Revenue $0
TOTAL REVENUE $306,418

Expense Breakdown

Grants Paid $0
Salaries & Benefits $108,729
Fundraising Expenses $0
Program Expenses $256,128
Other Expenses $161,487
TOTAL EXPENSES $270,216

Year-over-Year Comparison

2023 2022 Change
Revenue $306,418 $235,063 +0.3%
Expenses $270,216 $221,462 +0.2%
Net Income $36,202 $13,601 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
5
Volunteers
N/A

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
$99,923
Total Directors
2
$8,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMESON STAMPS BOARD MEMBER 2.00
Director
$8,000 $0 $8,000
ROBERT MERCER BOARD MEMBER 2.00
Director
$0 $0 $0
BENAJAH NELSON PRESIDENT 5.00
Officer
$65,000 $16,923 $81,923
CASSIDY NELSON VICE PRESIDENT 5.00
Officer
$0 $0 $0
RACHAEL STAMPS SECRETARY 5.00
Officer
$8,000 $0 $8,000
PEGGY HARRISON TREASURER - PROGRAM COORDI 12.00
Officer
$10,000 $0 $10,000
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 $306,418 $270,216 $346,403 $36,202
2022 $235,063 $221,462 $324,985 $13,601
2021 $250,159 $211,946 $325,110 $38,213
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