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The Prayer Covenant Inc

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

EIN: 461517204 ✦ New albany, OH ✦ Designated as a 501(c)(3)

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Overview

What is The Prayer Covenant Inc?

The Prayer Covenant Inc is a nonprofit organization with a base in New Albany, Ohio. Established eight years ago, they have devoted their efforts to educating and influencing over 9 million children across 89 countries. Their primary mission is to foster the growth of disciples among the youth of various nations. With a small team of just two dedicated individuals, The Prayer Covenant Inc is committed to spreading their teachings globally, aiming to positively impact the lives of young people worldwide.


Official website here: www.theprayercovenant.org

Is The Prayer Covenant Inc legitimate?

The Prayer Covenant Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Prayer Covenant 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.theprayercovenant.org

What is the mission statement of The Prayer Covenant Inc?

The Prayer Covenant Inc's mission is centered around discipling children and youth globally. Their primary goal is to spread this mission across various nations worldwide. Over the past eight years, they have successfully discipled over 9 million children in 89 countries, demonstrating their commitment and impact in this area. The organization's mission can be summarized as an endeavor to guide and educate the young generation globally, promoting spiritual growth and development.


Official website here: www.theprayercovenant.org

What is the revenue of The Prayer Covenant Inc?

The Prayer Covenant Inc's revenue in 2023 was $163,188.


Official website here: www.theprayercovenant.org

Who are the executives of The Prayer Covenant Inc and what are their salaries?

The average compensation at The Prayer Covenant Inc during 2023 was $5,816. There 58186 volunteers at The Prayer Covenant Inc.

Here are 7 key members and their salaries:


Ford Taylor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Hubbard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Koffi Kpomgbe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Trick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candy Marballi (Executive Committee President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vik Marballi (Exec Committee Board Chairtr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Williamson (Executive Committee Board Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.theprayercovenant.org

Where can I find the form 990 for The Prayer Covenant Inc?

The Prayer Covenant Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.theprayercovenant.org

Learn more at the official website: www.theprayercovenant.org

Mission Statement of The Prayer Covenant Inc

The Prayer Covenant Inc, a nonprofit organization, is dedicated to the mission of disciple-making among children and youth worldwide. Over the course of eight years, this organization has made significant strides, reaching out to over 9 million children in 89 countries. Their primary focus is on nurturing and guiding the younger generations, instilling values and beliefs that promote positive growth and development. By engaging with children and youth globally, The Prayer Covenant Inc strives to foster a sense of community and shared purpose, ultimately working towards a more compassionate and understanding world.

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Impact




October, 2024

The Prayer Covenant Inc has significantly impacted the lives of over 9 million children in 89 countries within just eight years. By focusing on making disciples among children and youth, it has fostered spiritual development and community engagement across diverse cultures. This initiative nurtures the next generation, instilling values and teachings that can resonate throughout their communities and beyond. The organization's commitment to youth discipleship is not only transforming individual lives but also contributing to broader social change by building a foundation of faith and leadership in young audiences globally.




This information is meant to be a general summary of The Prayer Covenant 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
$163,188 (2023)
Expenses
$176,587 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $163,188

Assets and Liabilities:

  • Total Assets: $82,037
  • Total Liabilities: $18,670
  • Net Assets: $63,367

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Organization Details

Founding Year

2013

Principal Officer

Vik Marballi

NTEE Category

Code: X20 - Religion related

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