Skip to content
ProPublica Donate

The Prayer Covenant Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Religion-Related, Spiritual Development / Christian (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$207k (2024)

Expenses
$153k (2024)

Total Assets
$105k (2024)

Total Liabilities
$1.5k (2024)

Source: Form 990 tax filings from 2013 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$206,784
Expenses
$152,908
Net Income
$53,876
Net Assets
$103,844
Notable Sources of Revenue Percent of Total Revenue
Contributions $206,783
100.0%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $105,348
Total Liabilities $1,504
Net Assets $103,844
Compensation
Key Employees and Officers Compensation Related Other
Candy Marballi (Executive Committee President) $0 $0 $0
Vik Marballi (Exec Committee Board Chair Treas) $0 $0 $0
Ford Taylor (Board Member) $0 $0 $0
Rachel Williamson (Executive Committee Board Secretary) $0 $0 $0
Jason Hubbard (Board Member) $0 $0 $0
Bill Trick (Board Member) $0 $0 $0
Koffi Kpomgbe (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$163,188
Expenses
$176,587
Net Income
-$13,399
Net Assets
$49,968
Notable Sources of Revenue Percent of Total Revenue
Contributions $155,925
95.5%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,263
4.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $51,961
Total Liabilities $1,993
Net Assets $49,968
Compensation
Key Employees and Officers Compensation Related Other
Ford Taylor (Board Member) $0 $0 $0
Jason Hubbard (Board Member) $0 $0 $0
Koffi Kpomgbe (Board Member) $0 $0 $0
Bill Trick (Board Member) $0 $0 $0
Candy Marballi (Executive Committee President) $0 $0 $0
Vik Marballi (Exec Committee Board Chair Tr) $0 $0 $0
Rachel Williamson (Executive Committee Board Sec) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$272,235
Expenses
$663,402
Net Income
-$391,167
Net Assets
$63,367
Notable Sources of Revenue Percent of Total Revenue
Contributions $272,233
100.0%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $11,632
1.8%
Assets/Debt
Total Assets $82,037
Total Liabilities $18,670
Net Assets $63,367
Compensation
Key Employees and Officers Compensation Related Other
Bill Trick (Board Member) $0 $0 $0
Dan Weber (Board Member) $0 $0 $0
Raffoul Najem (Board Member) $0 $0 $0
Shekhar Kallianpur (Board Member) $0 $0 $0
Lavina Kallianpur (Board Member) $0 $0 $0
Julie Weber (Board Member) $0 $0 $0
Ford Taylor (Board Member) $0 $0 $0
Vik Marballi (Treasurer) $0 $0 $0
Candy Marballi (Executive Committee President) $0 $0 $0
Rachel Williamson (Executive Committee Board Sec) $0 $0 $0
Peter Friend (Executive Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$718,408
Expenses
$697,053
Net Income
$21,355
Net Assets
$454,534
Notable Sources of Revenue Percent of Total Revenue
Contributions $695,605
96.8%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $20,966
2.9%
Net Inventory Sales -$1,669
Other Revenue $3,506
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,000
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $68,805
9.9%
Assets/Debt
Total Assets $476,180
Total Liabilities $21,646
Net Assets $454,534
Compensation
Key Employees and Officers Compensation Related Other
Candy Marballi (President Ceo) $2,000 $0 $0
Dan Weber (Board Member) $0 $0 $0
Bill Trick (Board Member) $0 $0 $0
Shekar Kalliapur (Board Member) $0 $0 $0
Julie Weber (Board Member) $0 $0 $0
Ford Taylor (Board Member) $0 $0 $0
Vik Marballi (Board Chair) $0 $0 $0
Raffoul Najem (Board Member) $0 $0 $0
Bill Shipley (Board Member) $0 $0 $0
Peter Friend (Treasurer) $0 $0 $0
Rachel Williamson (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$370,755
Expenses
$492,851
Net Income
-$122,096
Net Assets
$433,179
Notable Sources of Revenue Percent of Total Revenue
Contributions $369,353
99.6%
Program Services $0
Investment Income -$77
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,479
0.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $36,000
7.3%
Professional Fundraising Fees $0
Other Salaries and Wages $72,625
14.7%
Assets/Debt
Total Assets $433,338
Total Liabilities $159
Net Assets $433,179
Compensation
Key Employees and Officers Compensation Related Other
Candy Marballi (President/Ce) $24,000 $0 $0
Rick Schatz (Coo) $12,000 $0 $0
Peter Friend (Treasurer) $0 $0 $0
Vik Marballi (Board Chair) $0 $0 $0
Raffoul Najem (Board Member) $0 $0 $0
Bill Shipley (Secretary) $0 $0 $0
Ford Taylor (Board Member) $0 $0 $0
Bill Trick (Board Member) $0 $0 $0
Dan Weber (Board Member) $0 $0 $0
Julie Weber (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$710,572
Expenses
$521,603
Net Income
$188,969
Net Assets
$555,275
Notable Sources of Revenue Percent of Total Revenue
Contributions $706,518
99.4%
Program Services $0
Investment Income $1,499
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$3,805
Sales of Assets $0
Net Inventory Sales $1,381
0.2%
Other Revenue $4,979
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $15,500
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $74,740
14.3%
Assets/Debt
Total Assets $567,128
Total Liabilities $11,853
Net Assets $555,275
Compensation
Key Employees and Officers Compensation Related Other
Rick Schatz (Coo) $15,500 $0 $0
Andrew Ellison (Treasurer) $0 $0 $0
Candy Marballi (President/Ce) $0 $0 $0
Vik Marballi (Board Chair) $0 $0 $0
Karl Matson (Board Member) $0 $0 $0
Raffoul Najem (Board Member) $0 $0 $0
Nancy Rogers (Board Member) $0 $0 $0
Bill Shipley (Secretary) $0 $0 $0
Ford Taylor (Board Member) $0 $0 $0
Bill Trick (Board Member) $0 $0 $0
Dan Weber (Board Member) $0 $0 $0
Julie Weber (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$974,347
Expenses
$819,678
Net Income
$154,669
Net Assets
$366,306
Notable Sources of Revenue Percent of Total Revenue
Contributions $913,913
93.8%
Program Services $0
Investment Income $5,667
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $47,038
4.8%
Sales of Assets $0
Net Inventory Sales $7,729
0.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $238,603
29.1%
Assets/Debt
Total Assets $378,342
Total Liabilities $12,036
Net Assets $366,306
Compensation
Key Employees and Officers Compensation Related Other
Rick Schatz (Coo) $18,000 $0 $0
Candy Marballi (President/Ce) $0 $0 $0
Vik Marballi (Vice Chairma) $0 $0 $0
Karl Matson (Chairman) $0 $0 $0
Jeannie Cedar (Board Member) $0 $0 $0
Paul Cedar (Board Member) $0 $0 $0
Terry Dunn (Board Member) $0 $0 $0
Andrew Ellison (Board Member) $0 $0 $0
Nancy Rogers (Board Member) $0 $0 $0
Bill Shipley (Board Member) $0 $0 $0
Adam Smith (Board Member) $0 $0 $0
Bill Trick (Board Member) $0 $0 $0
Dan Weber (Board Member) $0 $0 $0
Julie Weber (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$491,044
Expenses
$309,042
Net Income
$182,002
Net Assets
$211,637
Notable Sources of Revenue Percent of Total Revenue
Contributions $479,792
97.7%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $11,252
2.3%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $86,744
28.1%
Assets/Debt
Total Assets $211,637
Total Liabilities $0
Net Assets $211,637
Compensation
Key Employees and Officers Compensation Related Other
Joanie Reilage (Secretary) $17,204 $0 $0
Rick Schatz (Treasurer) $12,000 $0 $0
Vik Marballi (Vice Chairma) $0 $0 $0
Karl Matson (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$281,027
Expenses
$284,495
Net Income
-$3,468
Net Assets
$12,572
Notable Sources of Revenue Percent of Total Revenue
Contributions $217,903
77.5%
Program Services $52,577
18.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $10,547
3.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $84,023
29.5%
Assets/Debt
Total Assets $12,572
Total Liabilities $0
Net Assets $12,572
Compensation
Key Employees and Officers Compensation Related Other
Jerry Kirk (Vice Chairma) $32,157 $0 $0
Rick Schatz (Secretary&Tr) $8,757 $0 $0
Adam Smith (Chairman) $0 $0 $0
Vik Marballi (Trustee) $0 $0 $0
Candy Marballi (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$193,761
Expenses
$193,542
Net Income
$219
Net Assets
$16,354
Notable Sources of Revenue Percent of Total Revenue
Contributions $168,841
87.1%
Program Services $24,920
12.9%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $24,356
Total Liabilities $8,002
Net Assets $16,354
Compensation
Key Employees and Officers Compensation Other
Jerry Kirk (Vice Chairma) $30,500 $0
Rick Schatz (Secretary&Tr) $11,501 $0
Adam Smith (Chairman) $0 $0
Vik Marballi (Trustee) $0 $0
Candy Marballi (Trustee) $0 $0
Thomas Dewey (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$153,304
Expenses
$169,601
Net Income
-$16,297
Net Assets
$7,819
Notable Sources of Revenue Percent of Total Revenue
Contributions $115,937
75.6%
Program Services $37,367
24.4%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $7,819
Total Liabilities $0
Net Assets $7,819
Compensation
Key Employees and Officers Compensation Other
Jerry Kirk (President) $69,471 $0
Adam Smith (Chairman) $0 $0
Rick Schatz (Treasurer) $0 $0
Todd Hinners (Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$97,531
Expenses
$73,415
Net Income
$24,116
Net Assets
$24,116
Notable Sources of Revenue Percent of Total Revenue
Contributions $85,491
87.7%
Program Services $12,040
12.3%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $24,467
Total Liabilities $351
Net Assets $24,116
Compensation
Key Employees and Officers Compensation Other
Jerry Kirk (President) $15,000 $0
Adam Smith (Chairman) $0 $0
Rick Schatz (Treasurer) $0 $0
Todd Hinners (Secretary) $0 $0

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us