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Psalm 823 Mission Inc

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

EIN: 812657996 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Psalm 823 Mission Inc?

Psalm 823 Mission Inc is a nonprofit organization located in Lexington, Kentucky, with a focus on providing a nurturing environment for children in need. They currently serve nine girls in their foster home and have expanded their medical clinic. The organization has also constructed a new pavilion for the girls and is actively working on plans for agricultural growth. In addition, they have initiated a capital project to establish a home for boys. With over 20 full-time Liberian staff and the presence of two missionaries in Liberia, Psalm 823 Mission Inc is committed to developing a self-sustaining Christian children's village and community center in Liberia, Africa. The mission's goal is to ensure a safe and nurturing environment for these children, ultimately aiming to empower them and their community.

Is Psalm 823 Mission Inc legitimate?

Psalm 823 Mission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Psalm 823 Mission 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: $34,300
Professional Fundraising Fees: $7,408
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Psalm 823 Mission Inc?

Psalm 823 Mission Inc's mission is centered around establishing a secure Christian environment for children in Africa. Their primary goal is to construct a children's village and a self-sustaining community center in Liberia. In the recent past, they have been actively improving their educational and foster home facilities, serving nine girls in their first foster home. Additionally, they have expanded their small medical clinic and built a new pavilion for the girls. The organization is also focusing on agriculture growth and has initiated a project to construct a boys home.

Who is the CEO of Psalm 823 Mission Inc?

Matt Lee is the President of Psalm 823 Mission Inc.

What is the revenue of Psalm 823 Mission Inc?

Psalm 823 Mission Inc's revenue in 2022 was $265,090.

Who are the executives of Psalm 823 Mission Inc and what are their salaries?

The average compensation at Psalm 823 Mission Inc during 2022 was $34,300. There is 1 employee at Psalm 823 Mission Inc.


Here are 7 key members and their salaries:


Matt Lee (President)
  • Compensation: $34,300
  • Related: $0
  • Other: $0
Deena Wertz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Branham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Durborow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Douglas Lee (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Cooper (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Crump (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Psalm 823 Mission Inc?

Psalm 823 Mission Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Psalm 823 Mission Inc

Psalm 823 Mission Inc is dedicated to fulfilling its mission of establishing a secure Christian children's village and self-sufficient community center in Liberia, Africa. The organization is actively working towards this goal by improving its educational and foster home facilities. Currently, it serves nine girls in its first foster home, and it has initiated a capital project to construct a boys home. In addition, Psalm 823 Mission Inc has more than 20 full-time Liberian staff, demonstrating its commitment to local involvement. Furthermore, the mission has expanded its small medical clinic and built a new pavilion for the girls, indicating its focus on providing essential healthcare services. The organization is also engaged in agriculture growth, showing its dedication to ensuring self-sustainability.

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Impact




October, 2024

Psalm 823 Mission Inc has made significant strides in enhancing the lives of vulnerable children in Liberia. In the first half of 2022, the organization focused on improving its educational and foster home facilities, ensuring a nurturing environment for the nine girls in their care. Notably, the expansion of a small medical clinic has contributed to the health and well-being of the children and the surrounding community.

A new pavilion for the girls has been built, providing them with a dedicated space for activities and fostering a sense of community. There has also been a strong emphasis on agricultural growth, with plans in place to develop sustainable initiatives that will help support the children in the long term.

In addition to their ongoing efforts, Psalm 823 Mission has embarked on a capital project to construct a boys home, which signifies their commitment to serving children of all genders within the community. With the support of over 20 full-time Liberian staff members and the presence of two missionaries dedicated to the cause, the organization is poised to create a safe and self-sustainable environment for children in Liberia, aligning closely with its mission to build a Christian children’s village and community center.




This information is meant to be a general summary of Psalm 823 Mission 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
$265,090 (2022)
Expenses
$302,521 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $265,090

Assets and Liabilities:

  • Total Assets: $207,469
  • Total Liabilities: $9,525
  • Net Assets: $197,944

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Organization Details

Principal Officer

Matt Lee

Main Address

PO Box 23259, Lexington, KY, 40523

NTEE Category

Code: Q33 - International

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