SeeBITDAOklahoma

Praise Center Ministries Inc

Reported revenueReported figures
$592K
$563Klikely range$622K
Revenue
$592K
a year
Profit (EBITDA)
$214K
36% of revenue
Employees
12
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records

How we got $592K

Based on IRS Form 990 (2020).

Reported revenue, IRS Form 990 (2020)$592K
× 36% profit margin$214K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
Reported financials
No website found
Owner not found

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
PRAISE CENTER MINISTRIES INC
this business
$592K$214K—
FIRST UNITED METHODIST CHURCH
Sapulpa · 8 employees
$1.1M$348K1.9 mi
KIRK CROSSING, INC.
Jenks · 48 employees
$5.1M$1.3M2.3 mi
FIRST CHURCH OF GOD, INC.
Sapulpa · 8 employees
$572K$207K2.4 mi
Vanguard Ministries
Sapulpa
$1.5M$328K2.9 mi
CROSS CREEK LEARNING CENTER INC
Jenks · 14 employees
$1.6M$519K2.9 mi
NEWSPRING ASSEMBLY OF GOD INC
Jenks · 11 employees
$1.8M$576K2.9 mi

The full calculation

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.

These are the business's own reported figures, from its IRS Form 990 filing, not an estimate. EBITDA applies the industry margin to reported revenue.

Revenue range$563K – $622K
EBITDA range$204K – $225K
Industry (NAICS)Religious, Grantmaking, Civic, Professional, and Similar Organizations (813110)

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

  • BankingMabrey BankPPP / 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 Roles are as stated there and may be out of date.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

Mabrey Bank
PPP 2020
All 851 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/13/2020first$50K$50K12Mabrey Bank

Public records

IRS Form 990
Nonprofit
Revenue (2020)$592K
Assets$959K
Tax-exempt since1984

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

About Praise Center Ministries Inc

Praise Center Ministries Inc is a churches & nonprofits company in Sapulpa, Oklahoma. Its reported annual revenue is about $592K, with roughly $214K of EBITDA. It has about 12 employees.

Common questions

Who owns Praise Center Ministries Inc?
The owner of Praise Center Ministries Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Praise Center Ministries Inc make?
Praise Center Ministries Inc reported revenue of about $592K.
How many employees does Praise Center Ministries Inc have?
About 12, as reported on its PPP loan.