INTERNATIONAL PRAYER MINISTRIES INC

EIN: 581688880 501(c)(3) Religion

LEES SUMMIT, MO

Total Revenue
$196,881
Total Expenses
$182,188
Total Assets
$26,675
Net Assets
$23,966
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
GA
Principal Officer
GLENN SHEPPARD
Phone
8165225147
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL PRAYER MINISTRIES INC, founded in 1991, is a small nonprofit in the Religion sector that reported $197K in total revenue in fiscal year 2024. Expenses of $182K left a modest 7% surplus.

Mission

TRAINING AND EQUIPPING FOR EVANGELISM IN THE CHRISTIAN FAITH.

Program Service Accomplishments

Program 1
Expenses: $143,868

PREACHING, TEACHING, AND LEADING SEMINARS FOR TEACHERS AND PASTORS IN VARIOUS PARTS OF THE WORLD INCLUDING AREAS OF ASIA, NORTH AMERICA, AND EUROPE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $196,881
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $196,881

Expense Breakdown

Grants Paid $15,100
Salaries & Benefits $92,001
Fundraising Expenses $13,787
Program Expenses $143,868
Other Expenses $75,087
TOTAL EXPENSES $182,188

Year-over-Year Comparison

2024 2023 Change
Revenue $196,881 $190,708 +0.0%
Expenses $182,188 $199,801 -0.1%
Net Income $14,693 $-9,093 -2.6%
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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
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
3
$73,870
Total Directors
3
$73,870
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLENN SHEPPARD PRESIDENT 50.00
Officer Director
$73,870 $0 $73,870
SCOTT BARNETT TREASURER 20.00
Officer Director
$0 $0 $0
SHERE LUND SECRETARY 5.00
Officer 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 $196,881 $182,188 $26,675 $14,693
2023 $190,708 $199,801 $9,271 $-9,093
2022 $204,666 $218,665 $18,364 $-13,999
2021 $253,494 $250,368 $32,362 $3,126
2018 $224,830 $187,595 $38,084 $37,235
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