Nonprofit · EIN 87-3309904
PREPARING THE WAY MINISTRIES INC
Tax-exempt · NEW HOLLAND, PA 17557
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $729,646 | $473,972 | $255,674 | $252,255 | $2,081 | $250,174 |
| December 31, 2023 | 990 | $288,722 | $326,180 | -$37,458 | $2,411 | $7,911 | -$5,500 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $729,646
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $63,560
- Salaries, compensation and benefits (total)
- $69,569
- Professional fundraising fees
- $0
- Accounting fees
- $2,954
- Travel
- $101,574
- Depreciation
- $3,138
- Program services (functional)
- $436,814
- Management and general (functional)
- $30,885
- Fundraising (functional)
- $6,273
Balance sheet and other
- Total assets, start of year
- $2,411
- Total assets, end of year
- $252,255
- Total liabilities, end of year
- $2,081
- Net assets, end of year
- $250,174
- Land, buildings and equipment
- $185,117
- Net assets without donor restrictions
- $250,174
- Gross receipts
- $729,646
- Employees
- 3
- Year formed
- 2022
- State of legal domicile
- PA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RANDY MARTIN | PRESIDENT Trustee or director | 40 | $28,700 |
| BONNIE MARTIN | VICE PRESIDE Officer | 40 | $24,000 |
| JEFF MARTIN | BOARD MEMBER Officer | 1 | $0 |
| HENRY SMELTZ | SECRETARY Officer | 5 | $0 |
| SHARON SMELTZ | BOARD MEMBER Officer | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RANDY MARTIN | PRESIDENT Trustee or director | 40 | $39,802 |
| BONNIE MARTIN | VICE PRESIDE Officer | 40 | $39,802 |
| JEFF MARTIN | BOARD MEMBER Officer | 1 | $0 |
| HENRY SMELTZ | SECRETARY Officer | 5 | $0 |
| SHARON SMELTZ | BOARD MEMBER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 945 E EARL RD, NEW HOLLAND, PA 17557-9597
- In care of
- % RANDY S MARTIN
- Principal officer (990 for 2024)
- RANDY MARTIN
- Signed the 990
- RANDY MARTIN, PRESIDENT
- Phone
- (717) 629-9397
- Website
- WWW.PTWMINISTRIES.ORG
- Return prepared by
- HOSTETTER & HOSTETTER CPA
Mission
EMPOWER THE COMMUNITY IN KENYA TO MULTIPLY THE RESOURCES THEY ALREADY HAVE AND PROVIDE THE FINANCES FOR THEIR FAMILY, FOOD, AND COMMUNITY ALL WHILE PREPARING THE CHURCH FOR CHRIST'S RETURN.
Program accomplishments
- WE ACCOMPLISH OUR VISION BY CONNECTING LIKE-MINDED BUSINESSES OR INDIVIDUALS IN THE US AND KENYA, DEVELOPING EMPOWERING RELATIONSHIPS THROUGH A MENTORSHIP PROGRAM, AND GUIDING THE KENYAN INDIVIDUAL TO FURTHER SUCCESS IN BUSINESS TO SUPPORT THEIR FAMILY AND COMMUNITY BY PROVIDING TEACHING, GUIDANCE, MENTORSHIP, AND FINANCIAL SUPPORT.Expenses $436,814
What it must file and when
IRS records say it files Not required (church). Churches are not required to file. 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 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-3309904
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Not required (church)
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $252,255
- Income (IRS master file)
- $729,646
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $729,646 | $473,972 | $252,255 | IRS |
| 990 | December 2023 | $288,722 | $326,180 | $2,411 | XML |
| 990 | December 2022 | $256,719 | $224,761 | $33,771 | 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 87-3309904).
Questions about PREPARING THE WAY MINISTRIES INC
- What is the EIN of PREPARING THE WAY MINISTRIES INC?
- The employer identification number (EIN) of PREPARING THE WAY MINISTRIES INC is 87-3309904.
- Is PREPARING THE WAY MINISTRIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to PREPARING THE WAY MINISTRIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PREPARING THE WAY MINISTRIES INC file?
- Form Not required (church). Churches are not required to file.
- When is the next return of PREPARING THE WAY MINISTRIES 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 PREPARING THE WAY MINISTRIES 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 PREPARING THE WAY MINISTRIES INC?
- The 990 for the year ended December 31, 2024 names RANDY MARTIN.
- Who are the officers and directors of PREPARING THE WAY MINISTRIES INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $28,700 (RANDY MARTIN, PRESIDENT).
- How much revenue does PREPARING THE WAY MINISTRIES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $729,646, expenses of $473,972 and total assets of $252,255 at year end.
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All nonprofits in NEW HOLLAND · Pennsylvania · Religion-related