PRECIOUS GIFT MINISTRIES
7239 Pepperton Court, Dayton, OH 45415 www.preciousgift.org

Total Revenue
$417,329
Total Expenses
$373,351
Net Assets
$84,385

Organizations Filed Purposes: Plant churches, train pastors and church leaders, purchase or print or distribute Bibles and Christian books and literature.

Traveling and salary for preaching and teaching. This includes the office in China, all general ministry expenses, the China apartment and the office for conducting classes. I consider all funds used in China as "program expenses" because it is all for the purpose of the ministry. I list all USA expenses as ministry "overhead" or "fundraising". Even when I travel to teach in the USA, it will ultimately result in new funds coming into the ministry, so I classify it as "fundraising". This includes two missionaries in China, and one in Croatia.

Assistance to persecuted families and other ministries for support.

Purchase or print and distribute Bibles and Christian literature, provide Bible schools and pastor's religious training.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Donald ParrettDirector60$103,630
Steve ProeschelTrustee0$0
Harold HenniesTrustee0$0
Rev William PepperTrustee0$0
Rev Gary TrenumTrustee0$0
Rhonda NelsonSecretary/Treasury10$0
Theresa ParrettVice Director10$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202131329349302268_public.xml