Nonprofit · EIN 47-0716006
PRAISE NETWORK INC
Tax-exempt · ONEILL, NE 68763
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $1,262,661 | $1,345,315 | -$82,654 | $919,418 | $175,100 | $744,318 |
| May 31, 2024 | 990 | $1,281,867 | $1,277,681 | $4,186 | $996,752 | $168,130 | $828,622 |
| May 31, 2023 | 990 | $1,305,974 | $1,209,146 | $96,828 | $1,016,402 | $150,289 | $866,113 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $772,885
- Program service revenue
- $480,735
- Investment income
- $9,041
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $111,621
- Other salaries and wages
- $561,607
- Salaries, compensation and benefits (total)
- $735,793
- Professional fundraising fees
- $0
- Accounting fees
- $9,843
- Occupancy
- $306,045
- Travel
- $38,956
- Depreciation
- $59,828
- Program services (functional)
- $1,123,776
- Management and general (functional)
- $198,515
- Fundraising (functional)
- $23,024
Balance sheet and other
- Total assets, start of year
- $996,752
- Total assets, end of year
- $919,418
- Total liabilities, end of year
- $175,100
- Net assets, end of year
- $744,318
- Land, buildings and equipment
- $376,506
- Net assets without donor restrictions
- $744,318
- Gross receipts
- $1,262,661
- Employees
- 30
- Year formed
- 1988
- State of legal domicile
- NE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALEX MCKENZIE | PRESIDENT Trustee or director, Officer | 40 | $116,630 | $3,348 |
| ALLEN QUENZER | DIRECTOR Trustee or director | 1 | $12,000 | $0 |
| JOHN DEWERFF | 2ND VICE-CHA Trustee or director, Officer | 1 | $0 | $0 |
| DALE HUDSON | VICE-CHAIRMA Trustee or director, Officer | 1 | $0 | $0 |
| DAVID KUMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANNY MYERS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| BRANDON NIMZ | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended May 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALEX MCKENZIE | PRESIDENT Trustee or director, Officer | 40 | $108,510 | $3,130 |
| JOHN DEWERFF | 2ND VICE-CHA Trustee or director, Officer | 2 | $0 | $0 |
| DALE HUDSON | VICE-CHAIRMA Trustee or director, Officer | 1 | $0 | $0 |
| DANNY MYERS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| BRANDON NIMZ | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ALLEN QUENZER | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended May 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX MCKENZIE | PRESIDENT Trustee or director, Officer | 40 | $105,300 |
| JOHN DEWERFF | 2ND VICE-CHA Trustee or director, Officer | 1 | $0 |
| DALE HUDSON | VICE-CHAIRMA Trustee or director, Officer | 1 | $0 |
| DANNY MYERS | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| BRANDON NIMZ | SECRETARY Trustee or director, Officer | 1 | $0 |
| ALLEN QUENZER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 128 S 4TH ST, ONEILL, NE 68763-1814
- Principal officer (990 for 2024)
- ALEX MCKENZIE, 205 E 14TH ST, ELLIS, KS 67637
- Signed the 990
- ALEX MCKENZIE, PRESIDENT
- Phone
- (402) 336-1230
- Website
- WWW.PRAISENETWORK.ORG
- Return prepared by
- DANA F COLE & COMPANY LLP
Mission
OPERATION OF CHRISTIAN RADIO STATIONS
Program accomplishments
- CHRISTIAN RELIGIOUS RADIO PROGRAMMING FROM 3 STUDIOS LOCATED IN NEBRASKA AND KANSAS WITH TRANSMITTER COVERAGE THAT INCLUDES APPROXIMATELY 70 COUNTIES IN NEBRASKA, KANSAS, SOUTH DAKOTA, COLORADO, AND IOWA AND INTERNET ON-LINE BROADCASTING WITH WORLD WIDE COVERAGE.Expenses $1,123,776 · revenue $480,735
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 47-0716006
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $919,418
- Income (IRS master file)
- $1,262,661
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $1,262,661 | $1,345,315 | $919,418 | XML |
| 990 | May 2024 | $1,281,867 | $1,277,681 | $996,752 | XML |
| 990 | May 2023 | $1,305,974 | $1,209,146 | $1,016,402 | XML |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-0716006).
Questions about PRAISE NETWORK INC
- What is the EIN of PRAISE NETWORK INC?
- The employer identification number (EIN) of PRAISE NETWORK INC is 47-0716006.
- Is PRAISE NETWORK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to PRAISE NETWORK INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRAISE NETWORK INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PRAISE NETWORK INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRAISE NETWORK INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of PRAISE NETWORK INC?
- The 990 for the year ended May 31, 2025 names ALEX MCKENZIE.
- Who are the officers and directors of PRAISE NETWORK INC?
- The 990 for the year ended May 31, 2025 lists 7 people; 2 received compensation from the organization, the highest $116,630 (ALEX MCKENZIE, PRESIDENT).
- How much revenue does PRAISE NETWORK INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $1,262,661, expenses of $1,345,315 and total assets of $919,418 at year end.
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