Prophecy Depot Ministries
Nonprofit profile at a glance
- EIN
- 275278544
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990 2015, Form 990-EZ 2024
- Location
- La Quinta, CA, USA
- Phone
- 7143765487
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Research Institutes and Public Policy Analysis
- Affiliation
- Christianity
Reported finances
- Revenue
- $81,425
- Expenses
- $67,131
- Assets
- $34,767
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- BILLIE J SALHUS (President)
People named in this filing
- BILLIE J SALHUS (President)
- LADD HOLTON (Treasurer)
- ROBERT HOLMES (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To maintain and operate as, and otherwise be structured for, exclusively religious purposes and for the public worship of god.it is the goal of prophecy depot ministries to broadcast far and wide through all available literacy, media and speaking means possible, the testimony of jesus christ which is the "good news gospel and the spirit of prophecy according to revelation 19:10. Additionally we aim to authenticate the sovereignty of god through bible prophecy by understanding and teaching what bible prophecy has to say about these last days.
What it reported doing in 2024
Expanded and increased the speaking engagements and outreach to enlighten and authenticate the sovereignty of god through bible prophecy by understanding and teaching what bible prophecy has to say about these last days.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 82
- Sustainability: 49
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.4%; rating input score 82
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 17.6%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -6% per year; rating input score 0; 34th percentile among comparable filings
- Revenue growth: -5.2% per year; rating input score 0; 34th percentile among comparable filings
- Asset growth: -0.8% per year; rating input score 0; 35th percentile among comparable filings
Details
- Where the money goes: 82.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $67K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.