Raleigh-area Concerts of Prayer

Nonprofit profile at a glance

EIN
561668841
IRS 990-EZ coverage
2016–2023
Forms available
Form 990-EZ 2023
Location
Cary, NC, USA
Phone
9193883835
Rating
40
Verdict
MIXED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Official website

Reported finances

Revenue
$124,008
Expenses
$160,037
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • DONALD R RAYNO (EXECUTIVE DIRECTOR)

People named in this filing

  • DONALD R RAYNO (EXECUTIVE DIRECTOR)
  • RICHARD MILL (TREASURER)
  • SHERRI BAKER (SECRETARY)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To encourage and mobilize united prayer.

What it reported doing in 2023

There were a number of rebuilt men's ministry activities in 2023. These events brough christian men together from several churches in our region, some predominantly africa-american in composition, and some predominantly anglo. There were six zoom meetings for bible study and prayer, and in addition to these, there were two outdoor saturday retreats for this group, on april 22, 2023, at teh sertoma ampitheatre at bond park in cary, and on october 21, 2023, at peace presbyterian church in cary. There were approximately 50 men in attendance at each of these meetings. Dr. James seymour, a retired raleigh pastor, was the speaker at the first of these; kris cooper, director of reformed university fellowship at North Carolina central university in durham, was speaker at the second.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 3
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -29.1%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 61.9%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -57.6% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -3.3% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: -5.9% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 8 filing years from 2016 to 2023
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.