Skip to main content

Nonprofit · EIN 62-1757018

PRESTON TAYLOR MINISTRIES

Tax-exempt · NASHVILLE, TN 37209

Financials

$1.6M$1.5M2023$1.5M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of PRESTON TAYLOR MINISTRIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,458,575$1,582,072-$123,497$1,469,493$98,562$1,370,931
December 31, 2023990$1,646,790$1,537,084$109,706$1,613,905$119,477$1,494,428
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,370,910
of which government grants
$9,500
Program service revenue
$7,736
Investment income
$8,038
Net gain from sales of assets
-$1,973
Net income from fundraising events
$69,925
Net income from sales of inventory
$1,966
Other revenue
$71,891

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$95,612
Other salaries and wages
$904,896
Salaries, compensation and benefits (total)
$1,127,164
Professional fundraising fees
$0
Occupancy
$44,803
Travel
$53,027
Depreciation
$55,376
Program services (functional)
$1,301,024
Management and general (functional)
$182,205
Fundraising (functional)
$98,843

Balance sheet and other

Total assets, start of year
$1,613,905
Total assets, end of year
$1,469,493
Total liabilities, end of year
$98,562
Net assets, end of year
$1,370,931
Land, buildings and equipment
$697,890
Net assets without donor restrictions
$1,182,455
Net assets with donor restrictions
$188,476
Gross receipts
$1,519,132
Employees
87
Volunteers
300
Year formed
1998
State of legal domicile
TN

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 / weekCompensationOther / benefits
DWIGHT JOHNSONEXECUTIVE DI
Officer
40$89,335$6,277
DR KIMBERLY GLENN-JEMMOTTBOARD CHAIR
Trustee or director, Officer
3$0$0
ERIKA GRAVESOUTGOING BOA
Trustee or director, Officer
3$0$0
JONATHAN CONLEYTREASURER
Trustee or director, Officer
3$0$0
WARREN NORMANSECRETARY
Trustee or director, Officer
5$0$0
DR CARMEN FOSTERDIRECTOR
Trustee or director
3$0$0
FAITH SEIFUDDINDIRECTOR
Trustee or director
3$0$0
DR AUDREY STEWARTDIRECTOR
Trustee or director
3$0$0
AJA BATEYDIRECTOR
Trustee or director
3$0$0
CHARLES TRAUGHBERDIRECTOR
Trustee or director
3$0$0
RACHEL WHITEDIRECTOR
Trustee or director
3$0$0
KYMBERLY BLAIRDIRECTOR
Trustee or director
3$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
Dwight JohnsonExecutive Director
Trustee or director, Officer
40$92,500$5,030
Erika GravesBoard Chair
Trustee or director, Officer
2$0$0
Charlie CanonTreasurer
Trustee or director, Officer
2$0$0
Warren NormanSecretary
Trustee or director, Officer
2$0$0
David BrownDirector
Trustee or director
1$0$0
Carmen FosterDirector
Trustee or director
1$0$0
Charles TraughberDirector
Trustee or director
1$0$0
Roosevelt WalkerDirector
Trustee or director
1$0$0
Kevin GeshkeDirector
Trustee or director
1$0$0
Kimberly JemmottDirector
Trustee or director
1$0$0
Rachel WhiteDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
4014 INDIANA AVE, NASHVILLE, TN 37209-2430
In care of
% PATRICK L HAMILTON
Principal officer (990 for 2024)
DWIGHT JOHNSON, PO BOX 90442, NASHVILLE, TN 37209
Signed the 990
DWIGHT JOHNSON, EXECUTIVE DIRECTOR
Phone
(615) 963-3996
Return prepared by
BLANKENSHIP CPA GROUP PLLC

Mission

PRESTON TAYLOR MINISTRIES PROVIDES A MENTORING AND AFTER SCHOOL PROGRAM FOR AT-RISK YOUTH FROM KINDERGARTEN-12TH GRADE. AFTER SCHOOL PROGRAMMING FOCUSES ON READING DEVELOPMENT, CHARACTER EDUCATION, FAITH DEVELOPMENT, AND HEALTHY LIVING. PTM ALSO PROVIDES MENTORING THROUGH ONE-ON-ONE RELATIONSHIPS AND YEAR-ROUND ENRICHING EXPERIENCES SUCH AS FIELD TRIPS, JOB SHADOWING, AND SPORTS LEAGUE PARTICIPATION.

990 for the year ended December 31, 2024

Program accomplishments

  • AFTERSCHOOL PROGRAM: PTM SERVED 160 K-12TH GRADE STUDENTS IN READING DEVELOPMENT, CHRISTIAN FAITH DEVELOPMENT, AND ENRICHMENT OPPORTUNITIES. AS A RESULT, PTM INCREASED OUR NUMBER OF STUDENTS ON GRADE LEVEL BY 36% AND 58% OF STUDENTS INCREASED READING FLUENCY. ALSO, STUDENTS WERE ABLE TO TAKE PART IN 50 FIELD TRIPS THROUGHOUT THE YEAR. IN ADDITION, 45 CHILDREN AND YOUTH WERE ABLE TO BE MATCHED WITH A MENTOR IN A ONE-ON-ONE MENTORING FRIENDSHIP.
    Expenses $1,066,840 · revenue $6,344
  • SUMMER PROGRAM: PTM SERVED ABOUT 110 STUDENTS IN A SEVEN-WEEK SUMMER PROGRAM THAT ALLOWED OVER 60 FIELD TRIPS AND INCLUDED ARTS AND CRAFTS, SPORTS, READING, AND BIBLE STUDY. ADDITIONALLY, 15 PTM HIGH SCHOOL STUDENTS WORKED AS PART OF PTM'S SUMMER STAFF, HELPING THEM TO HAVE A GOOD FIRST JOB EXPERIENCE. IN PARTNERSHIP WITH BAREFOOT REPUBLIC CAMP, 35 STUDENTS PARTICIPATED IN A WEEKLONG OVERNIGHT CAMP AND 25 STUDENTS PARTICIPATED IN A WEEK LONG DAY CAMP WHERE THEY WERE EXPOSED TO NEW COMMUNITY, WORSHIP, ACTIVITIES (HORSEBACK, SWIMMING, CREATIVE WRITING, STUDIO PRODUCTION, DRAMA, ETC.) AND EXTENSIVE BIBLE STUDY.
    Expenses $234,184 · revenue $1,392

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025Not on file
2023July 31, 2024December 16, 2024Check at the IRS

IRS record

EIN
62-1757018
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
2004
Accounting year ends
July
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B92)
Assets (IRS master file)
$1,469,493
Income (IRS master file)
$1,519,132

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,458,575$1,582,072$1,469,493XML
990December 2023$1,646,790$1,537,084$1,613,905XML
990December 2022$1,565,169$1,805,823$1,518,819IRS
990December 2021–––IRS
990December 2020–––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 62-1757018).

Questions about PRESTON TAYLOR MINISTRIES

What is the EIN of PRESTON TAYLOR MINISTRIES?
The employer identification number (EIN) of PRESTON TAYLOR MINISTRIES is 62-1757018.
Is PRESTON TAYLOR MINISTRIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to PRESTON TAYLOR MINISTRIES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PRESTON TAYLOR MINISTRIES 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 PRESTON TAYLOR MINISTRIES due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRESTON TAYLOR MINISTRIES 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 PRESTON TAYLOR MINISTRIES?
The 990 for the year ended December 31, 2024 names DWIGHT JOHNSON.
Who are the officers and directors of PRESTON TAYLOR MINISTRIES?
The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $89,335 (DWIGHT JOHNSON, EXECUTIVE DI).
How much revenue does PRESTON TAYLOR MINISTRIES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,458,575, expenses of $1,582,072 and total assets of $1,469,493 at year end.

Other nonprofits in NASHVILLE

All nonprofits in NASHVILLE · Tennessee · Education