People Of Praise Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237036494 ✦ South bend, IN ✦ Designated as a 501(c)(3)

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Overview

What is People Of Praise Inc?

People of Praise Inc, based in South Bend, Indiana, is a nonprofit organization dedicated to fostering Christian growth and leadership among its members. Through various programs and activities, such as meetings, conferences, and travel, they aim to enhance personal spiritual development. Their initiatives encompass youth programs, retreats, music ministries, pastoral care, and evangelical outreach. The outreach programs involve missionaries in different cities, public revival meetings, and conferences. With a workforce of 75 individuals, People of Praise Inc continues to serve its community, promoting Christian values and personal growth.


Official website here: www.https: peopleofpraise.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67% (Two-Star out of Four Stars)

People of Praise Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scored particularly well in areas such as program expenses and its liabilities to assets ratio, demonstrating a strong focus on program spending and financial stability. However, the overall accountability score is hampered by several missing governance policies and a lack of independent board members.

The absence of independent board members raises concerns regarding the organization's oversight and governance practices, as it scored 0% in this area. Additionally, the organization does not have key policies in place, such as conflict of interest and whistleblower policies, which are critical for ensuring ethical operations and transparency. The lack of financial statements further contributes to the low accountability rating, although the organization's financial health appears relatively stable.

While People of Praise Inc demonstrates a commitment to its programs, the gaps in governance and financial documentation highlight areas for improvement. Enhancing board independence and implementing necessary policies could strengthen the organization's credibility and accountability moving forward.


This AI summary has been generated from information found on Charity Navigator.

Is People Of Praise Inc legitimate?

People Of Praise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. People Of Praise Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $327,893
Professional Fundraising Fees: $0
Other Salaries and Wages: $896,293

For more financial information, click here


Official website here: www.https: peopleofpraise.org

What is the mission statement of People Of Praise Inc?

People of Praise Inc's mission is centered around providing educational and developmental programs to foster Christian leadership and personal growth among its entire membership. These initiatives encompass various activities such as youth programs, retreats, music ministries, and pastoral care. Moreover, the organization is committed to evangelical outreach, with a focus on sending missionaries to different cities, organizing public revival meetings, and hosting conferences.


Official website here: www.https: peopleofpraise.org

Who is the CEO of People Of Praise Inc?

Charlie Fraga is the President Began 11 3 21 of People Of Praise Inc.


Official website here: www.https: peopleofpraise.org

What is the revenue of People Of Praise Inc?

People Of Praise Inc's revenue in 2022 was $4,204,160.


Official website here: www.https: peopleofpraise.org

Who are the executives of People Of Praise Inc and what are their salaries?

The average compensation at People Of Praise Inc during 2022 was $16,322. There are 75 employees and 471 volunteers at People Of Praise Inc.


Here are 12 key members and their salaries:


Craig Lent (President Ended 11 3 21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Fraga (President Began 11 3 21)
  • Compensation: $64,749
  • Related: $0
  • Other: $0
Phil Monaco (Secretary Director)
  • Compensation: $23,333
  • Related: $0
  • Other: $0
Paul Kane (Chief Financial Off Non-Vote Officer)
  • Compensation: $19,188
  • Related: $58,563
  • Other: $11,918
Thomas Caneff (Director)
  • Compensation: $2,000
  • Related: $81,600
  • Other: $254
Sean Connolly (Director)
  • Compensation: $66,000
  • Related: $0
  • Other: $15,821
Nicholas Holovaty (Director)
  • Compensation: $13,480
  • Related: $0
  • Other: $0
Robert Magill (Director)
  • Compensation: $37,105
  • Related: $0
  • Other: $0
Patrick Murphy (Director)
  • Compensation: $2,000
  • Related: $65,170
  • Other: $12,913
James Mysliwiec (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
John Zwerneman (Director)
  • Compensation: $28,555
  • Related: $0
  • Other: $0
Mike Zusi (Director)
  • Compensation: $46,266
  • Related: $44,348
  • Other: $11,078


Official website here: www.https: peopleofpraise.org

Where can I find the form 990 for People Of Praise Inc?

People Of Praise Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.https: peopleofpraise.org

Learn more at the official website: www.https: peopleofpraise.org

Mission Statement of People Of Praise Inc

People of Praise Inc is dedicated to fostering Christian leadership and personal growth among its entire membership. Their mission encompasses various activities, such as organizing youth programs, retreats, and music ministries, as well as providing pastoral care. Furthermore, they engage in evangelical outreach, which comprises missionaries to different cities, public revival meetings, and conferences. Through these initiatives, People of Praise Inc aims to educate and develop its members, fostering a strong Christian community.

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Impact




October, 2024

People of Praise Inc. significantly impacts its community through comprehensive programs designed to foster Christian leadership and personal growth among its members. By offering a variety of teaching and training initiatives, the organization cultivates an environment conducive to spiritual development for individuals of all ages.

The focus on youth programs, retreats, music ministries, and pastoral care not only enriches the lives of participants but also strengthens community bonds. Additionally, the evangelical outreach efforts, which include missionary work and public revival meetings, extend the organization's influence beyond its immediate membership, spreading its message to a broader audience.

The structure of meetings, conferences, and travel opportunities reinforces a sense of belonging and collective purpose among members, promoting collaboration and shared spiritual experiences. Overall, People of Praise Inc. plays a vital role in nurturing faith-based growth and leadership within the community of South Bend and beyond.




This information is meant to be a general summary of People Of Praise Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,204,160 (2022)
Expenses
$5,769,091 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $42,359
  • Program Service Revenue: $1,201,802
  • Gross Receipts: $4,268,592

Assets and Liabilities:

  • Total Assets: $17,441,848
  • Total Liabilities: $599,191
  • Net Assets: $16,842,657

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Rental from Ministries

Revenue

$1,143,755

Retreats & Training

Revenue

$47,245

Youth Ministry Fees

Revenue

$2,310

Organization Details

Founding Year

1971

Principal Officer

Charlie Fraga

Main Address

107 S GREENLAWN AVE, SOUTH BEND, IN, 466173430

NTEE Category

Code: X20 - Religion related

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