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Nonprofit · EIN 47-1477362

PROPHECY WATCHERS INC

Tax-exempt · OKLAHOMA CITY, OK 73131

Financials

$4.6M$4.3M2023$4.7M$4.5M2024
Revenue Expenses · by fiscal year end
Financials of PROPHECY WATCHERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,687,246$4,546,856$140,390$2,619,332$73,556$2,545,776
December 31, 2023990$4,555,938$4,323,089$232,849$2,559,080$153,694$2,405,386
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,720,991
Program service revenue
$2,880,835
Investment income
$26,070
Other revenue
$59,350

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$836,131
Salaries, compensation and benefits (total)
$964,848
Professional fundraising fees
$0
Accounting fees
$11,300
Occupancy
$231,246
Travel
$47,647
Depreciation
$93,330
Program services (functional)
$4,546,856

Balance sheet and other

Total assets, start of year
$2,559,080
Total assets, end of year
$2,619,332
Total liabilities, end of year
$73,556
Net assets, end of year
$2,545,776
Land, buildings and equipment
$1,204,212
Net assets without donor restrictions
$2,545,776
Gross receipts
$4,687,246
Employees
21
Year formed
2014
State of legal domicile
OK

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GARY G STEARMANPRESIDENT
Trustee or director, Officer
–$0
ROBERT J ULRICHCFO
Trustee or director, Officer
–$0
KRISTINA G ULRICHSECRETARY/TR
Trustee or director, Officer
–$0
LESLIE C VAUGHNDIRECTOR
Trustee or director
–$0
DON MERCERDIRECTOR
Trustee or director
–$0
LARRY OLLISONDIRECTOR
Trustee or director
–$0
ARMONDO GONZALEZVICE-PRESIDE
Trustee or director, Officer
–$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
GARY G STEARMANPRESIDENT
Trustee or director, Officer
–$0
ROBERT J ULRICHCFO
Trustee or director, Officer
–$0
KRISTINA G ULRICHSECRETARY/TR
Trustee or director, Officer
–$0
LESLIE C VAUGHNDIRECTOR
Trustee or director
–$0
DON MERCERDIRECTOR
Trustee or director
–$0
LARRY OLLISONDIRECTOR
Trustee or director
–$0
ARMONDO GONZALEZDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
1600 E HEFNER RD, OKLAHOMA CITY, OK 73131-1610
Principal officer (990 for 2024)
GARY G STEARMAN, PO BOX 20530, OKLAHOMA CITY, OK 731560530
Signed the 990
ROBERT J ULRICH, CFO
Phone
(405) 608-2268
Return prepared by
LESLIE C VAUGHN CPA PLLC

Mission

TO EVANGELIZE THOSE OUTSIDE CHRISTIAN BELIEF, TO EDUCATE CHRISTIANS IN THE TENETS OF THE FAITH, TO EXALT THE GOSPEL OF GRACE, AND TO CORRECTLY AND CLEARLY EXPOUND BIBLE PROPHECY THROUGH THE FOLLOWING: A. TO EVANGELIZE THOSE OUTSIDE CHRISTIAN BELIEF B. TO EDUCATE CHRISTIANS IN THE TENETS OF THE FAITH C. TO EXALT THE GOSPEL OF GRACE, BRINGING HOPE AND COMFORT D. TO CORRECTLY AND CLEARLY EXPOUND BIBLE PROPHECY

990 for the year ended December 31, 2024

Program accomplishments

  • DISTRIBUTION OF DVDS/CD AND OTHER PUBLICATIONS TO ENHANCE THE MESSAGE OF BIBLICAL PROHECY THROUGH MULTIPLE VIEW-POINTS AND OPINIONS FROM VARIED AUTHORS AND SOURCES.
  • CONTINUING MAGAZINE DEVELOPMENT, PRINTING AND DISTRIBUTION ON VARIED CURRENT TOPIC ARTICLES ALONG WITH PRODUCTION OF PROGRAMS FOR AIRING ON VARIOUS CHRISTIAN BROADCAST OUTLETS WITH GUEST SPEAKERS
    Expenses $538,714
  • DEVELOPMENT AND IMPLEMENTATION OF ANNUAL CONFERENCES AT VARIOUS LOCATIONS TO REACH BOTH CHRISTIAN AND NON-CHRISTIANS IN THEIR EDUCATION OF CURRENT BIBLICAL PROHECY DEVELOPMENTS ON AN INTIMATE FACE TO FACE PLATFORM WITH MULTIPLE GUEST SPEAKERS AND LEADERS ON THE CUTTING EDGE OF PROPHECY INTERPRETATION AND INFORMATION
  • TO EVANGELIZE THOSE OUTSIDE CHRISTIAN BELIEF, TO EDUCATE CHRISTIANS IN THE TENETS OF THE FAITH, TO EXALT THE GOSPEL OF GRACE, AND TO CORRECTLY AND CLEARLY EXPOUND BIBLE PROPHECY
    Expenses $4,008,142

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 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-1477362
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X83)
Assets (IRS master file)
$2,619,332
Income (IRS master file)
$4,687,246

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,687,246$4,546,856$2,619,332XML
990December 2023$4,555,938$4,323,089$2,559,080XML
990December 2022$3,974,702$3,463,988$2,583,847IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 47-1477362).

Questions about PROPHECY WATCHERS INC

What is the EIN of PROPHECY WATCHERS INC?
The employer identification number (EIN) of PROPHECY WATCHERS INC is 47-1477362.
Is PROPHECY WATCHERS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to PROPHECY WATCHERS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PROPHECY WATCHERS 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 PROPHECY WATCHERS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PROPHECY WATCHERS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PROPHECY WATCHERS INC?
The 990 for the year ended December 31, 2024 names GARY G STEARMAN.
Who are the officers and directors of PROPHECY WATCHERS INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does PROPHECY WATCHERS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,687,246, expenses of $4,546,856 and total assets of $2,619,332 at year end.

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