Nonprofit · EIN 75-1882925
PSALMS OF DAVID INC
Tax-exempt · DALLAS, TX 75261
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $123,321 | $88,998 | $34,323 | $256,398 | $103,062 | $153,336 |
| December 31, 2022 | 990 | $111,854 | $49,470 | $62,384 | $233,526 | $114,513 | $119,013 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $130,249
- of which government grants
- $130,249
- Program service revenue
- $0
- Investment income
- $0
- Net income from sales of inventory
- -$6,928
- Other revenue
- -$6,928
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $3,601
- Salaries, compensation and benefits (total)
- $3,601
- Professional fundraising fees
- $0
- Legal fees
- $400
- Accounting fees
- $553
- Travel
- $23,304
- Depreciation
- $184
- Program services (functional)
- $79,315
- Management and general (functional)
- $9,683
Balance sheet and other
- Total assets, start of year
- $233,526
- Total assets, end of year
- $256,398
- Total liabilities, end of year
- $103,062
- Net assets, end of year
- $153,336
- Gross receipts
- $130,249
- Employees
- 0
- Year formed
- 1980
- State of legal domicile
- TX
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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REV JOHN BULLOCK | DIRECTOR Officer | 0 | $0 |
| JOY SILVERMAN | SEC TREASURER Officer | 40 | $0 |
| DON SILVERMAN | PRESIDENT Officer | 20 | $0 |
990 for the year ended December 31, 2022: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REV JOHN BULLOCK | DIRECTOR Officer | 0 | $0 |
| JOY SILVERMAN | SEC TREASURER Officer | 40 | $0 |
| DON SILVERMAN | PRESIDENT Officer | 20 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 610735, DALLAS, TX 75261-0735
- In care of
- % JOY SILVERMAN
- Principal officer (990 for 2023)
- DON SILVERMAN, P O BOX 610735, DALLAS, TX 75261
- Signed the 990
- JOY SILVERMAN, SECRETARY
- Website
- DEKESILVERMANMINISTRIES.COM
- Return prepared by
- PARAKLETOS INC
Mission
EVANGELISTIC OUTREACH
Program accomplishments
- EVANGELISTIC OUTREACH IN LOCAL CHURCHES THROUGHOUTUNITED STATES TO 47,958 INDIVIDUALS WHERE AT LEAST13,553 WERE BUILT UP AND LIVES CHANGEDExpenses $79,315 · revenue $130,643
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-1882925
- 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
- 1983
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $256,398
- Income (IRS master file)
- $130,249
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $123,321 | $88,998 | $256,398 | XML |
| 990 | December 2022 | $111,854 | $49,470 | $233,526 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-EZ | December 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 75-1882925).
Questions about PSALMS OF DAVID INC
- What is the EIN of PSALMS OF DAVID INC?
- The employer identification number (EIN) of PSALMS OF DAVID INC is 75-1882925.
- Is PSALMS OF DAVID INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to PSALMS OF DAVID INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PSALMS OF DAVID 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 PSALMS OF DAVID 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 PSALMS OF DAVID INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of PSALMS OF DAVID INC?
- The 990 for the year ended December 31, 2023 names DON SILVERMAN.
- Who are the officers and directors of PSALMS OF DAVID INC?
- The 990 for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
- How much revenue does PSALMS OF DAVID INC have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $123,321, expenses of $88,998 and total assets of $256,398 at year end.
Other nonprofits in DALLAS
- BANKAMERICA GROUP BENEFITS PROGRAM TR EIN 95-7055654 · last filed 990 for 2024
- CHILDRENS HEALTH SYSTEM OF TEXAS EIN 75-0800628 · last filed 990 for 2024
- METHODIST HOSPITALS OF DALLAS EIN 75-0800661 · last filed 990 for 2025
- BAYLOR UNIVERSITY MEDICAL CENTER EIN 75-1837454 · last filed 990 for 2025
- AT&T VEBA TRUST EIN 43-1491162 · last filed 990 for 2024
- SCOTT & WHITE MEMORIAL HOSPITAL EIN 74-1166904 · last filed 990 for 2025
- BAYLOR SCOTT & WHITE HEALTH EIN 46-3131350 · last filed 990 for 2025
- HEALTHTEXAS PROVIDER NETWORK EIN 75-2536818 · last filed 990 for 2025