SeeBITDAOklahoma

Oklahoma City ** New Church Ministries Inc. (newchurch)

  • 9201 N Rockwell Ave, Oklahoma City, OK
  • Since 2004
  • NAICS 813110
Estimated revenueLow confidence
$5.9M
$3.9Mlikely range$6.8M
Revenue
$5.9M
a year
Profit (EBITDA)
$1.8M
30% of revenue
Employees
40
reported in 2020
Leadership
Monty Preist
Founding Pastor · source · confirmed by 2 sources
Unlikely to sell soon
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.
Contact

How we got $5.9M

Based on its 40 employees and its payroll, both reported for PPP in 2020 and brought up to date.

40 employees × $201K each$8.0M
PPP payroll ÷ payroll's usual share of revenue$3.4M
Shown toward the top of its range×1.14
Revenue$5.9M
× 30% profit margin$1.8M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • In business 22 years (since 2004)

From public records and the company's website, not a statement that it's for sale.

What they do

New Church is a church in Oklahoma City that offers Sunday services and ministries for families, kids, and youth. It says its kids and youth ministries prioritize safety, connection, and spiritual growth.

Products & services
Sunday ServicesGroupsRecoveryNC CaresLearning Center
Markets served
teens
Service area
Oklahoma City

From the company's website. Industry: Churches & nonprofits.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
OKLAHOMA CITY ** NEW CHURCH MINISTRIES INC. (NEWCHURCH)
this business
$5.9M$1.8M—
CHRUCH OF THE EPIPHANY OF THE LORD
Oklahoma City · 33 employees
$3.7M$1.1M0.2 mi
ARCHDIOCESE OF OKLAHOMA CITY
Oklahoma City · 120 employees
$23.3M$5.7M0.3 mi
OMEGA FIRE MINISTRIES INC
Oklahoma City · 9 employees
$1.8M$573K0.3 mi
NORTHWEST CHRISTIAN CENTER
Oklahoma City · 1 employees
$180K$76K1.0 mi
REFLECTION CHURCH INC
Oklahoma City · 1 employees
$180K$76K1.0 mi
COMPASS CHURCH OKC, INC
Oklahoma City · 6 employees
$1.4M$499K1.1 mi

The full calculation

Employees reported to the SBA40
Revenue from headcount (employees × revenue per employee for companies this size)$8.0M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$3.4M
Estimate: the two combined (geometric mean)$5.9M
EBITDA margin (industry, adjusted for size)30%
EBITDA = revenue × margin$1.8M

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Revenue range$3.9M – $6.8M
EBITDA range$1.2M – $2.0M
Industry (NAICS)Religious, Grantmaking, Civic, Professional, and Similar Organizations (813110)

Low confidence: the employee-based and payroll-based estimates differ by more than 2×.

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Advisors

  • BankingFirst-Citizens Bank & Trust CompanyPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

First-Citizens Bank & Trust Company
PPP 2020
All 78 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/27/2020first$85K$85K40First-Citizens Bank & Trust Company

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Oklahoma City ** New Church Ministries Inc. (newchurch)

Oklahoma City ** New Church Ministries Inc. (newchurch) is a churches & nonprofits company in Oklahoma City, Oklahoma, in business since 2004. It is owned by Monty Preist (Founding Pastor). Its estimated annual revenue is about $5.9M, with roughly $1.8M of EBITDA. It has about 40 employees.

Common questions

Who owns Oklahoma City ** New Church Ministries Inc. (newchurch)?
Oklahoma City ** New Church Ministries Inc. (newchurch) is owned by Monty Preist (Founding Pastor), according to public sources such as the company's website or filings.
How much revenue does Oklahoma City ** New Church Ministries Inc. (newchurch) make?
SeeBITDA estimates Oklahoma City ** New Church Ministries Inc. (newchurch)'s annual revenue at about $5.9M (likely between $3.9M and $6.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
How many employees does Oklahoma City ** New Church Ministries Inc. (newchurch) have?
About 40, as reported on its PPP loan.
When was Oklahoma City ** New Church Ministries Inc. (newchurch) founded?
Oklahoma City ** New Church Ministries Inc. (newchurch) has been in business since 2004.