Pray 1 Inc

Pray 1 Thrift Shop

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

EIN: 851496502 ✦ Kissimmee, FL ✦ Designated as a 501(c)(3)

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Overview

What is Pray 1 Inc?

Pray 1 Inc, located in Kissimmee, Florida, is a nonprofit organization dedicated to assisting low-income families by offering affordable used clothing and household goods. Operating under the name Pray 1 Thrift Shop, this organization's mission is to provide essential items like food, clothing, and furniture to those in need, either at low or no cost. They employ a team of three individuals in their operations.

Is Pray 1 Inc legitimate?

Pray 1 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pray 1 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: $47,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,718

For more financial information, click here

What is the mission statement of Pray 1 Inc?

Pray 1 Inc, as an organization, is committed to assisting homeless and struggling families by providing them with essential necessities at minimal or no cost. This includes offering food, clothing, and household furniture. The thrift store operated by Pray 1 Inc also provides affordable used clothing and household items to low-income families. The organization's primary goal is to alleviate some of the hardships faced by these families in their daily lives.

Who is the CEO of Pray 1 Inc?

Virnell Narine is the President of Pray 1 Inc.

What is the revenue of Pray 1 Inc?

Pray 1 Inc's revenue in 2022 was $232,255.

Who are the executives of Pray 1 Inc and what are their salaries?

The average compensation at Pray 1 Inc during 2022 was $17,018. There are 3 employees and 30 volunteers at Pray 1 Inc.


Here are 4 key members and their salaries:


Bevin K Dorsett (Vice President)
  • Compensation: $47,335
  • Related: $0
  • Other: $0
Billy Middlebrooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cherese Mendes (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virnell Narine (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pray 1 Inc?

Pray 1 Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pray 1 Inc

Pray 1 Inc, a nonprofit organization, is dedicated to assisting homeless and financially struggling families. Their primary mission is to provide essentials such as food, clothing, and household furniture to these families at an affordable or no cost. Through their thrift store, they offer used clothing and household items to low-income families, ensuring they have access to necessities they may not otherwise be able to afford. By doing so, Pray 1 Inc aims to alleviate some of the hardships faced by these families, providing them with a sense of stability and support during difficult times.

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Impact




October, 2024

Pray 1 Inc has a significant impact on the local community by addressing the immediate needs of homeless and struggling families in Kissimmee, FL. Through its initiatives, the organization provides essential resources such as food, clothing, and household furniture at low or no cost, ensuring that vulnerable populations have access to basic necessities.

The thrift store operated by Pray 1 Inc plays a crucial role in this mission, offering affordable used clothing and household goods to low-income families, thereby enabling them to improve their living conditions without financial burden. This support not only alleviates immediate hardships but also fosters a sense of dignity and stability among those in need, ultimately contributing to the well-being and empowerment of families in the community.




This information is meant to be a general summary of Pray 1 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
$232,255 (2022)
Expenses
$184,370 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $485,005

Assets and Liabilities:

  • Total Assets: $149,955
  • Total Liabilities: $21,975
  • Net Assets: $127,980

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Organization Details

Founding Year

2020

Principal Officer

Virnell Narine

Main Address

8553 W IRLO BRONSAN HWY, KISSIMMEE, FL, 34747

NTEE Category

Code: P29 - Human services

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