Skip to main content

Nonprofit · EIN 80-0123615

PSALMS OF PRAISE MINISTRIES INC

Tax-exempt · FAYETTEVILLE, NC 28306

Financials

$130K$117K2023
Revenue Expenses · by fiscal year end
Financials of PSALMS OF PRAISE MINISTRIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$129,909$116,928$12,981$49,156$0$49,156
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$26,495
Program service revenue
$103,414

Expenses

Compensation of officers, directors and key employees
$29,120
Salaries, compensation and benefits (total)
$55,375
Professional fees and payments to contractors
$2,051
Occupancy
$31,795
Other expenses
$27,707
Program services (functional)
$116,928

Balance sheet and other

Total assets, start of year
$36,175
Total assets, end of year
$49,156
Total liabilities, end of year
$0
Net assets, end of year
$49,156
Cash, savings and investments
$37,940
Gross receipts
$129,909

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-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
POLLY JOHNSONVICE PRESIDENT30$29,120
EDWARD JOHNSONPRESIDENT20$0
ANTYNETTE EVANSTREASURER10$0
CYNTHIA CRAYTONSECRETARY10$0
GAIL GRIFFINDIRECTOR5$0

Address and contacts

Address (IRS master file)
1914 CAMDEN RD, FAYETTEVILLE, NC 28306-1700
In care of
% POLLY JOHNSON
Mailing address (990-N for 2025)
1914 Camden Rd, Fayetteville NC 28306
Principal officer (990-N for 2025)
Polly Johnson, 3832 Harden Rd, Hope Mills NC 28348
Signed the 990-EZ
POLLY JOHNSON, EXECUTIVE DIRECTOR
Phone
(910) 916-6681
Return prepared by
TRP SUMNER PLLC

Mission

TO PROVIDE CHARITABLE, EDUCATIONAL AND LITERACY PROGRAMS AND SERVICES TO PREVENT POVERTY WITHIN THE COMMUNITY AND SURROUNDING COUNTIES WHILE SHARING THE GOSPEL OF JESUS CHRIST.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • OUTREACH MINISTRY
    Expenses $34,504
  • CHILD CARE FOR PRESCHOOL AGE CHILDREN
    Expenses $82,424

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
80-0123615
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Polly Johnson
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Polly Johnson
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$129,909$116,928$49,156XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Polly Johnson
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Polly Johnson
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Polly Johnson
December 31, 2019≤ $50,000 receipts––e-Postcard

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 80-0123615).

Questions about PSALMS OF PRAISE MINISTRIES INC

What is the EIN of PSALMS OF PRAISE MINISTRIES INC?
The employer identification number (EIN) of PSALMS OF PRAISE MINISTRIES INC is 80-0123615.
Is PSALMS OF PRAISE MINISTRIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to PSALMS OF PRAISE MINISTRIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PSALMS OF PRAISE MINISTRIES INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PSALMS OF PRAISE MINISTRIES INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PSALMS OF PRAISE MINISTRIES INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of PSALMS OF PRAISE MINISTRIES INC?
The 990-N for 2025 names Polly Johnson.
Who are the officers and directors of PSALMS OF PRAISE MINISTRIES INC?
The 990-EZ for the year ended December 31, 2023 lists 5 people; 1 received compensation from the organization, the highest $29,120 (POLLY JOHNSON, VICE PRESIDENT).
How much revenue does PSALMS OF PRAISE MINISTRIES INC have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $129,909, expenses of $116,928 and total assets of $49,156 at year end.

Other nonprofits in FAYETTEVILLE

All nonprofits in FAYETTEVILLE · North Carolina