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Psalm 91 Inc

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

EIN: 474348857 ✦ Kalispell, MT ✦ Designated as a 501(c)(3)

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Overview

What is Psalm 91 Inc?

Psalm 91 Inc is a nonprofit organization situated in Kalispel, Montana. Their primary focus is on creating a safe environment for school-aged children and establishing after-school programs to enhance their welfare and safety. Recently, they have launched an after-school program named Evergreen Arrows, providing lower-income youth with a place to complete homework or engage in constructive social activities. Additionally, Psalm 91 Inc has contributed to the community by helping establish the Trailhead and restarting a church, as well as maintaining a campus environment for Heritage Academy, offering educational opportunities for local youth. The organization's operations and expenses are based on the time spent or events held in developing and promoting these programs. Their initiatives align with the Boys and Girls Club activities, continually providing positive activities for youth in the area.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 65%, Two-Star out of Four Star rating. This rating indicates that Psalm 91 Inc has room for improvement in various areas related to financial health and accountability. While the organization demonstrates strong governance practices, such as an independent board and effective program expense ratio, it has significant weaknesses in transparency and compliance with best practices.

The strengths highlighted include a fully independent board and a notable program expense ratio of 100%, which signifies that all expenses are directed towards the charity's programs. These factors contribute positively to its rating and suggest a commitment to its mission. However, the organization struggles with a high liabilities to assets ratio of 87.65%, indicating financial instability.

Limitations also arise from missing documentation and policies, such as the absence of a whistleblower policy, document retention guidelines, and tax forms on its website. This lack of transparency can impact stakeholder trust and may affect the charity's overall reputation and effectiveness. Overall, while Psalm 91 Inc shows dedication to its programs, significant improvements in financial management and transparency are necessary for a stronger standing.


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

Is Psalm 91 Inc legitimate?

Psalm 91 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Psalm 91 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

What is the mission statement of Psalm 91 Inc?

Psalm 91 Inc is committed to creating a safe environment for school-age children and developing after-school programs to support their welfare and safety. One of their initiatives is the Evergreen Arrows program, which provides a space for lower-income youth to seek help with homework or engage in constructive social activities. The organization allocates resources for this program based on the time served or events held, ensuring its continued development and promotion. Psalm 91 Inc also collaborates with the Boys and Girls Club to offer additional constructive activities for youth in the area.

Who is the CEO of Psalm 91 Inc?

Joshua Herzog is the President of Psalm 91 Inc.

What is the revenue of Psalm 91 Inc?

Psalm 91 Inc's revenue in 2022 was $48,388.

Who are the executives of Psalm 91 Inc and what are their salaries?


Here are 4 key members and their salaries:


Joshua Herzog (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Thornton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Gipe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Misty Herzog (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Psalm 91 Inc?

Psalm 91 Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Psalm 91 Inc

Psalm 91 Inc, a nonprofit organization, is committed to creating a safe environment for school-aged children and developing after-school programs to support their welfare and safety. The mission of Psalm 91 Inc is twofold. Firstly, it involves establishing a conducive atmosphere for the Heritage Academy, providing educational opportunities for the youth in the area. Secondly, Psalm 91 Inc is working on launching an after-school program named Evergreen Arrows. This program aims to provide a space for lower-income youth to come after school for assistance with homework or engage in constructive social activities. The operations and funding of Evergreen Arrows are based on the time served or events held, with the objective of complementing the activities offered by the Boys and Girls Club and bringing more positive activities to the youth in the community.

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Impact




August, 2024

Psalm 91 Inc has had a significant impact in Kalispell, Montana by creating a safe environment for school-age children and developing after-school programs for their welfare and safety. The organization has launched a Boys & Girls Club after-school program, helped establish Trailhead & Restart Church, and maintains a campus environment for Heritage Academy, providing education opportunities for the youth in the area.

Furthermore, Psalm 91 Inc is currently working on developing an after-school program named Evergreen Arrows, which aims to provide a space for lower-income youth to come after school for help with homework or engaging in constructive social activities. This program complements the activities of the Boys and Girls Club, ensuring that constructive opportunities are available for the youth in the community.

Overall, Psalm 91 Inc's initiatives contribute to the well-being and development of young individuals in Kalispell, empowering them with educational resources and a supportive environment.




This information is meant to be a general summary of Psalm 91 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
$48,388 (2022)
Expenses
$190,908 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $129,436

Assets and Liabilities:

  • Total Assets: $871,359
  • Total Liabilities: $763,764
  • Net Assets: $107,595

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Organization Details

Founding Year

2015

Principal Officer

Joshua Herzog

Main Address

PO BOX 206, KALISPELL, MT, 59903

NTEE Category

Code: X19 - Religion related

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