Praise Chapel Church

Nonprofit profile at a glance

EIN
593495663
IRS 990 coverage
2016–2018
Forms available
Form 990 2018
Location
Deland, FL, USA
Phone
9049433786
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$116,236
Expenses
$124,259
Assets
$59,599
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

4 people listed

Highest reported compensation

  • PASTOR LOUIS PRATILE (PASTOR): $48,100 total reported compensation
  • GAIL PRATILE (SECRETARY): $14,300 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Preparing the body of christ to have a passion for jesus, compassion for others and a heart to serve preaching anf teaching the word of god. Souls saved, lives changed.

What it reported doing in 2018

Outreach program; minister to the community for those in need & direct them to the path of christ. Feed the hungry food pantry feeding the needy, support mission needs

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 82
  • Accountability: 10
  • Sustainability: 30
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.3%; rating input score 96
  • Program expense ratio: 90.1%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 6th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -6.9%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
  • Officer compensation ratio: 50.2%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: -9.5% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: -9.9% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: 16.4% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 96.3% of revenue deployed · 90.1% of spending went to programs
  • Governance: 0 of 10 board members independent · 2 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $112K in reported program spending
  • Leadership: top reported pay $48K · 4 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 2 filed schedules · includes major donors
  • Filing history: 3 filing years from 2016 to 2018
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 6 of 8 not reported.
  • High — Transparency & Controls: Major donor itemization scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 26/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.