PROEM SUPPORT MINISTRIES INC

EIN: 900066630 501(c)(3) International Affairs

LOUISVILLE, KY

Total Revenue
$1,936,602
Total Expenses
$2,248,722
Total Assets
$2,516,638
Net Assets
$2,508,898
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
KY
Principal Officer
STAN FRANCZEK
Phone
5022545001
Tax Period
2023-01-01 to 2023-12-31

PROEM SUPPORT MINISTRIES INC, founded in 2003, is a community nonprofit in the International Affairs sector that reported $1.9M in total revenue in fiscal year 2023. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $2.2M exceeded revenue, resulting in a 16% operating deficit.

Mission

CONNECTING PEOPLE TO THE HOPE AND FREEDOM FOUND IN JESUS. PROEM SUPPORT MINISTRIES WAS FOUNDED IN 2003, IN LOUISVILLE, KENTUCKY TO PROVIDE ADVICE AND DIRECTION ON MAJOR PROJECTS AND NEW PROGRAMS TO PROEM MINISTRIES IN POLAND, AN ORGANIZATION THAT WAS FORMED TO SPREAD THE GOSPEL THROUGHOUT POLAND AND EASTERN EUROPE. WE PROVIDE LOGISTICS FOR VOLUNTEERS, MISSIONARIES, AND INTERNS WHO ARE INTERESTED IN SERVING IN POLAND. WE PROVIDE FINANCIAL SUPPORT BY ACCEPTING DONATIONS FROM INDIVIDUALS, CHURCHES AND FOUNDATIONS. WE PROVIDE ACCOUNTING AND RECORD KEEPING SERVICES. WE FORWARD ALL DONATIONS TO PROEM MINISTRIES IN POLAND AND PROVIDE RECEIPTS TO ALL DONORS. WE ARE THE PRIMARY CONTACT POINT FOR CHURCHES AND INDIVIDUALS WISHING TO BECOME INVOLVED IN THE MINISTRY OF PROEM IN POLAND. PROEM SUPPORT MINISTRIES CREATES COMMUNICATION PLATFORMS (WEBSITE, PRINT MATERIALS, E-NEWSLETTERS) FOR OUR CONSTITUENTS.

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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 $1,933,554
Program Service Revenue $0
Investment Income $3,048
Other Revenue $0
TOTAL REVENUE $1,936,602

Expense Breakdown

Grants Paid $1,364,688
Salaries & Benefits $153,119
Fundraising Expenses $48,282
Program Expenses $1,997,098
Other Expenses $730,915
TOTAL EXPENSES $2,248,722

Year-over-Year Comparison

2023 2022 Change
Revenue $1,936,602 $8,361,890 -0.8%
Expenses $2,248,722 $5,532,683 -0.6%
Net Income $-312,120 $2,829,207 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
8
Employees
2
Volunteers
8

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
1
$0
Total Directors
9
$68,832
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STAN FRANCZEK PRESIDENT 8.00
Officer Director
$0 $0 $0
MAUI DWULAT DIRECTOR/MISSIONARY 40.00
Director
$48,000 $20,832 $68,832
LANA FRANCZEK DIRECTOR 1.00
Director
$0 $0 $0
JERRY ITEL DIRECTOR 1.00
Director
$0 $0 $0
MARK MCKINNEY DIRECTOR 1.00
Director
$0 $0 $0
ANNETTE PETERS DIRECTOR 8.00
Director
$0 $0 $0
WILL ROGERS DIRECTOR 1.00
Director
$0 $0 $0
BLAKE SHIVELY DIRECTOR 2.00
Director
$0 $0 $0
BRIAN WRIGHT 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 $1,936,602 $2,248,722 $2,516,638 $-312,120
2022 $8,361,890 $5,532,683 $2,832,069 $2,829,207
2021 $2,659,855 $2,285,966 $1,122,442 $373,889
2020 $1,845,579 $1,668,061 $866,312 $177,518
2019 $1,334,241 $1,826,877 $800,246 $-492,636
2018 $3,494,411 $3,217,974 $576,933 $276,437
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