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Nonprofit · EIN 56-1870079

POWER ALLEY MINISTRIES INC

Tax-exempt · RALEIGH, NC 27606

Financials

$45K$44K2023$61K$22K2024$23K$23K2025
Revenue Expenses · by fiscal year end
Financials of POWER ALLEY MINISTRIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$22,596$23,096-$500$111,882–$112,882
December 31, 2024990-EZ$60,503$22,435$38,068$113,382–$113,382
December 31, 2023990-EZ$44,981$44,229$752$75,314–$75,314
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$22,596

Expenses

Grants and similar amounts paid
$22,450
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$250
Other expenses
$396

Balance sheet and other

Total assets, start of year
$113,382
Total assets, end of year
$111,882
Total liabilities, end of year
–
Net assets, end of year
$112,882
Cash, savings and investments
$11,882
Land and buildings
$100,000
Gross receipts
$22,596

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
MIKE STEWARTPRESIDENT2$0
MICHAEL COBBSECRETARY2$0
JOSEPH THOMPSONBOARD MEMBER2$0
LAURA FLYTHEBOARD MEMBER2$0
990-EZ for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
MIKE STEWARTPRESIDENT2$0
MICHAEL COBBSECRETARY2$0
JOSEPH THOMPSONBOARD MEMBER2$0
LAURA FLYTHEBOARD MEMBER2$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
MIKE STEWARTPRESIDENT2$0
MICHAEL COBBSECRETARY2$0
JOSEPH THOMPSONBOARD MEMBER2$0
PHIL SMITHBOARD MEMBER2$0

Address and contacts

Address (IRS master file)
2853 JONES FRANKLIN RD STE A, RALEIGH, NC 27606-4880
In care of
% THOMPSON & ASSOCIATES PA
Signed the 990-EZ
JOSEPH THOMPSON, BOARD MEMBER
Return prepared by
LARRY W LASSITER

Mission

BASIC CHRISTIAN VALUE MINISTRY

990-EZ for the year ended December 31, 2025

Program accomplishments

  • EMPHASIS ON PROVIDING A POSITIVE INFLUENCE FOR YOUTH AND TO INSTILL FAMILY VALUE ACTIVITIES CENTERED AROUND PROVIDING ASSISTANCE FOR IND NEEDS
    grants $22,450

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-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
56-1870079
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
1994
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Religion-related (X20)
Assets (IRS master file)
$111,882
Income (IRS master file)
$22,596

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$22,596$23,096$111,882XML
990-EZDecember 2024$60,503$22,435$113,382XML
990-EZDecember 2023$44,981$44,229$75,314XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––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 56-1870079).

Questions about POWER ALLEY MINISTRIES INC

What is the EIN of POWER ALLEY MINISTRIES INC?
The employer identification number (EIN) of POWER ALLEY MINISTRIES INC is 56-1870079.
Is POWER ALLEY MINISTRIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to POWER ALLEY MINISTRIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does POWER ALLEY MINISTRIES INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of POWER ALLEY 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 POWER ALLEY MINISTRIES INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of POWER ALLEY MINISTRIES INC?
The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does POWER ALLEY MINISTRIES INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $22,596, expenses of $23,096 and total assets of $111,882 at year end.

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