Nonprofit · EIN 82-2295638
PRAKASH MINISTRIES
Tax-exempt · VIRGINIA BCH, VA 23467
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $224,545 | $183,013 | $41,532 | $629,210 | $0 | $629,210 |
| December 31, 2024 | 990 | $478,141 | $191,371 | $286,770 | $587,859 | $0 | $587,859 |
| December 31, 2023 | 990 | $259,548 | $315,825 | -$56,277 | $314,616 | $0 | $314,616 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $177,374
- Program service revenue
- $47,171
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $30,062
- Compensation of officers, directors and key employees
- $49,939
- Salaries, compensation and benefits (total)
- $49,939
- Professional fundraising fees
- $0
- Accounting fees
- $4,235
- Occupancy
- $3,118
- Travel
- $70,683
- Depreciation
- $3,137
- Program services (functional)
- $122,874
- Management and general (functional)
- $60,139
Balance sheet and other
- Total assets, start of year
- $587,859
- Total assets, end of year
- $629,210
- Total liabilities, end of year
- $0
- Net assets, end of year
- $629,210
- Land, buildings and equipment
- $4,026
- Gross receipts
- $224,545
- Employees
- 1
- Volunteers
- 40
- Year formed
- 2017
- State of legal domicile
- VA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Felix Prakash | Officer Trustee or director | 40 | $43,200 |
| Richard Colquitt | Director Trustee or director | 20 | $0 |
| Bob Obrien | Director Trustee or director | 20 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Felix Prakash | Officer Trustee or director | 40 | $36,300 |
| Richard Colquitt | Director Trustee or director | 20 | $0 |
| Bob Obrien | Director Trustee or director | 20 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Felix Prakash | Officer Trustee or director | 40 | $39,300 |
| Richard Colquitt | Director Trustee or director | 20 | $0 |
| Bob Obrien | Director Trustee or director | 20 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 64236, VIRGINIA BCH, VA 23467-4236
- In care of
- % FELIX PRAKASH
- Mailing address (990-N for 2017)
- PO Box 64236, Virginia Beach VA 23467
- Principal officer (990 for 2025)
- FELIX PRAKASH, PO Box 64236, Virginia Beach, VA 23467
- Principal officer (990-N for 2017)
- Felix Praksh, 512 Arondale ct, chesapeake VA 23464
- Signed the 990
- FELIX PRAKASH, OFFICER
- Phone
- (757) 472-0151
- Return prepared by
- LEWIS ACCOUNTING & TAX SERVICE INC
Mission
Ministry
Program accomplishments
- MISSIONS TO INCLUDE BUT NOT LIMITED TO: BIBLE DONATIONS, BLIND MINISTRY, CHILDRENS EDUCATION, ORPHANAGE CONTRIBUTIONS, COVID RELIEF, EVANGELISM, MISSIONARY SUPPORT (FOOD AND CLOTHING)Expenses $122,874 · revenue $177,374
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-2295638
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $629,210
- Income (IRS master file)
- $224,545
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $224,545 | $183,013 | $629,210 | XML |
| 990 | December 2024 | $478,141 | $191,371 | $587,859 | XML |
| 990 | December 2023 | $259,548 | $315,825 | $314,616 | XML |
| 990 | December 2022 | $244,064 | $184,939 | $370,893 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: Felix Praksh | December 31, 2017 | ≤ $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 82-2295638).
Questions about PRAKASH MINISTRIES
- What is the EIN of PRAKASH MINISTRIES?
- The employer identification number (EIN) of PRAKASH MINISTRIES is 82-2295638.
- Is PRAKASH MINISTRIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to PRAKASH MINISTRIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRAKASH 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 PRAKASH MINISTRIES 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 PRAKASH MINISTRIES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PRAKASH MINISTRIES?
- The 990 for the year ended December 31, 2025 names FELIX PRAKASH.
- Who are the officers and directors of PRAKASH MINISTRIES?
- The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $43,200 (Felix Prakash, Officer).
- How much revenue does PRAKASH MINISTRIES have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $224,545, expenses of $183,013 and total assets of $629,210 at year end.
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