Nonprofit · EIN 46-4052065
WAVES OF PRAYER
Tax-exempt · HELENA, AR 72342
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $47,498 | $52,661 | -$5,163 | $17,541 | – | $17,541 |
| December 31, 2023 | 990-EZ | $47,047 | $32,989 | $14,058 | $22,704 | – | $22,704 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $47,498
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $12,402
- Occupancy
- $18,563
- Other expenses
- $21,696
- Program services (functional)
- $52,660
Balance sheet and other
- Total assets, start of year
- $22,704
- Total assets, end of year
- $17,541
- Total liabilities, end of year
- –
- Net assets, end of year
- $17,541
- Cash, savings and investments
- $17,541
- Gross receipts
- $47,498
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rev Mary Olson | Pastor and President | 5 | $0 |
| Helen Simpson | Board member | 1 | $0 |
| James White | Board member and deacon | 1 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rev Mary Olson | Pastor and President | 5 | $0 |
| Helen Simpson | Board member | 1 | $0 |
| James White | Board member and deacon | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 42, HELENA, AR 72342-0042
- In care of
- % MARY OLSON
- Mailing address (990-N for 2025)
- PO BOX 42, HELENA AR 723420042
- Principal officer (990-N for 2025)
- Mary Olson, PO BOX 42, HELENA AR 72342
- Signed the 990-EZ
- The Rev Mary Olson, President and Pastor
Mission
Waves of Prayer a church serves spiritual physical and developmental needs of people in poverty.
Program accomplishments
- Program service accomplishment 1: Services for the poor including emergency needs community gatherings,Expenses $22,260
- Program service accomplishment 1.Food and meals for children youth adults seniors Reach 300Expenses $14,300
- Program accomplishment 3. Youth educational and recreational programs and needs Reach 75Expenses $16,100
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 46-4052065
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Religion-related (X99)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Mary Olson | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $47,498 | $52,661 | $17,541 | XML |
| 990-EZ | December 2023 | $47,047 | $32,989 | $22,704 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-N for 2014 | December 31, 2014 | ≤ $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 46-4052065).
Questions about WAVES OF PRAYER
- What is the EIN of WAVES OF PRAYER?
- The employer identification number (EIN) of WAVES OF PRAYER is 46-4052065.
- Is WAVES OF PRAYER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to WAVES OF PRAYER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WAVES OF PRAYER file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of WAVES OF PRAYER 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 WAVES OF PRAYER 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 WAVES OF PRAYER?
- The 990-N for 2025 names Mary Olson.
- Who are the officers and directors of WAVES OF PRAYER?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does WAVES OF PRAYER have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $47,498, expenses of $52,661 and total assets of $17,541 at year end.
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- HELENA HEALTH FOUNDATION EIN 71-0286379 · last filed 990 for 2025
- SONNY BOY BLUES SOCIETY INC EIN 71-0673454 · last filed 990 for 2024
- OPHELIA POLK MOORE HOME INC EIN 71-0247120 · last filed 990-PF for 2025
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