The Power of Prayer Inc
Nonprofit profile at a glance
- EIN
- 510136875
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024
- Location
- Dubuque, IA, USA
- Phone
- 5635882673
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $87,633
- Expenses
- $68,808
- Assets
- $171,559
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MARK A HOEGER (President)
- GERALD E TRIMBLE (Vice President)
People named in this filing
- MARK A HOEGER (President)
- GERALD E TRIMBLE (Vice President)
- MELISSA M NOEL (CHAPEL COORD)
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
A religious organization that works to bring about a better understanding and make people cognizant of the power of prayer by benefiting their spiritual well-being through: promotion of daily mass; pro-life mass at least one wednesday per month at the center; promotion of fatima, lourdes and divine mercy devotion; promotion of eucharistic adoration by providing a twenty-four hour chapel for perpetual adoration; and promotion of the rosary through the weekly pilgrim virgin program and perpetual rosary program at the chapel.
What it reported doing in 2024
Primary exempt purpose - to bring about a better understanding of the power of prayer.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 100
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.5%; rating input score 79
- 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: Yes; rating input score 100
Sustainability
- Operating margin: 21.5%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 2.49; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 64.7%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 78.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $69K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Officer compensation ratio scored 1/100.