PETROS NETWORK
We alleviate spiritual and physical poverty
PETROS NETWORK
EIN: 45-4131862
as of September 2024
as of September 09, 2024
Programs and results
What we aim to solve
As it stands today, billions are considered unreached with the Gospel. They will be born, live, and die without hearing the Good News of Jesus Christ. They are living in spiritual and physical poverty with significant unmet needs.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Church Planting
Petros Network's primary approach centers around training and equipping indigenous local leaders, sent out as missionary church planters, to plant churches among unreached and underserved people. We demonstrate God’s heart by offering practical spiritual and physical solutions to extreme poverty, intense physical needs, and persecution. Community and individual transformation happens through our church planting efforts and compassion projects.
Transformational Leadership Development
Petros Network equips transformational community leaders — missionary church planters, business, and government leaders — to bring about holistic, lasting change.
Women's and Girl's Empowerment
Petros Network women's and girls' empowerment programs ignite hope and empower at-risk women and girls. Women are provided life and job skills training, leadership development, and micro-loans. Girls are taught self-esteem and life skills to ensure they lead full and productive lives.
Child Sponsorship and Children's Feeding Initiatives
Protecting children is one of Petros Network's Redemptive Lift strategies for transforming a village. Working through local churches and schools, we have found child sponsorship and children's feeding initiatives to be effective means for alleviating the chronic cycle of poverty and providing children hope for a better future.
Agricultural Training and Sustainable Farming
Petros Network agricultural initiatives include personal, community, and school gardens and animal husbandry. Our focus is on creating sustainability in a rural community. We also offer some disaster and relief work among the communities we serve.
Clean Water
Petros Network supplies tools for clean water and participates with strategic partners to drill wells in rural communities where churches and schools have been planted
Medical Care
Petros Network leads volunteer medical and dental teams to provide in-country care as well as mentoring indigenous professionals. We also run a medium-sized medical clinic in Jeldu, Ethiopia. We offer immediate help to those who are sick and suffering, as well as resources for a healthier and sustainable future.
Educating Out of Poverty
Petros Network supports the education of children, leadership development, small business training, and a Bible certificate program to educate out of poverty and provide lasting change.
Bibles, Leadership Tools, Curriculum
Petros Network provides transformational leadership tools, Bibles, and discipleship curriculum for holistic impact.
Building Character Through Sports
Petros Network uses sports to build the self-esteem of children and youth. Through clinics and competitive events, children receive skill development and life-skills training to empower and equip them.
Where we work
Affiliations & memberships
Accord Network 2023
Photos
Videos
Our results
How does this organization measure their results? It's a hard question but an important one.
Total number of churches planted
This metric is no longer tracked.Totals By Year
Related Program
Church Planting
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
These are the cumulative number of churches we have planted in the unreached, least-reached regions we serve.
Total number of people who have heard the Gospel.
This metric is no longer tracked.Totals By Year
Related Program
Church Planting
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
This is the cumulative number of unreached, least-reached people who have heard the gospel due to our church planting efforts.
Total number of people that received Christ.
This metric is no longer tracked.Totals By Year
Related Program
Church Planting
Type of Metric
Outcome - describing the effects on people or issues
Direction of Success
Increasing
Context Notes
This is the cumulative number of people who have accepted Jesus due to our church planting efforts.
Total number of believers baptized in water.
This metric is no longer tracked.Totals By Year
Related Program
Church Planting
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
These are the cumulative number of people who, after receiving Christ, have been baptized in water.
Total number of meals for children provided per year
This metric is no longer tracked.Totals By Year
Related Program
Child Sponsorship and Children's Feeding Initiatives
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
This is the number of meals provided to children regularly per year who are actively attending the local institution for meal distributions.
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Our goal is to have a thriving church planted within walking distance of every person and build it up to be the catalyst for spiritual and physical change in the community. We plant churches. We meet needs. We watch God move.
What are the organization's key strategies for making this happen?
Petros Network employs an indigenous missions strategy, working with missionaries that are local and native to the people group in which they are ministering. We partner with national denominations to train and send indigenous missionaries who are from the area, know the area, and are familiar with the cultural practices of the area. These missionaries work in and build relationships with the people they serve.
As these indigenous church planters live out Kingdom values, they become change agents in all aspects of the community. They leverage their influence and resources to address community needs — human rights, governance, education, health, hygiene, and relief from poverty, intolerance, and persecution. As they define and present the unique needs of the communities they serve, we cultivate a network of investors, community groups, government bodies, and religious sectors to respond with sustainable solutions that best fit the local context of their rural villages.
Our all-encompassing approach empowers church plants to become sustainable in a measured timeframe, creating healthy, multiplying churches that result in transformation that spreads, and lives and communities are forever changed.
What are the organization's capabilities for doing this?
Petros Network has always had the strategy of going where the need is greatest and where the Gospel has not been heard. Since our beginnings, we have successfully planted churches among unreached people groups and equipped these churches & leaders to be catalysts of transformation in the villages where they are planted. Currently, Petros Network is working successfully in five countries, and the effects of our efforts continue to multiply. We host a local office in every country we work in, as well as provide regional and area leadership to work alongside the churches we plant and the communities we impact.
What have they accomplished so far and what's next?
With the help of our passionate partners, we have the following accomplishments.
CHURCH PLANTING:
- As of December 2023, we have shared the Gospel with 6.3 million people, planted 7000+ churches, and have 1.5 million adherents.
- We provide General Assembly training 2-times a year and regional training every quarter. Efforts are onsite and in-country.
- We have trained over 8000 leaders in Transformational Leadership.
COMPASSION AND CARE:
- Over 500 women have been trained in leadership and small business skills. 250 have received microgrants.
- 150 Orphans are cared for daily.
- 1030 Children are fed daily
- We have helped to build 4 primary and secondary schools.
- We have built a Medium-size Medical Clinic that services 20,000 patients a year.
- We have built a Women's vocational center.
- We have built a Guest House for our international teams
- We have launched farming and animal husbandry efforts for sustainability: piggery, goats, cows, bees, rabbits, farming in multiple countries.
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded
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What challenges does the organization face when collecting feedback?
We don't have any major challenges to collecting feedback
Financials
Revenue vs. expenses: breakdown
Liquidity in 2022 info
17.05
Months of cash in 2022 info
14.8
Fringe rate in 2022 info
0%
Funding sources info
Assets & liabilities info
Financial data
PETROS NETWORK
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of PETROS NETWORK’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
Profitability info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $102,749 | $941,230 | $1,058,045 | $821,163 | -$528,551 |
As % of expenses | 18.8% | 165.6% | 173.8% | 56.1% | -31.3% |
Unrestricted surplus (deficit) after depreciation | $102,749 | $941,230 | $1,054,193 | $813,523 | -$555,879 |
As % of expenses | 18.8% | 165.6% | 172.1% | 55.3% | -32.4% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $649,541 | $1,509,468 | $1,666,782 | $2,376,782 | $1,189,409 |
Total revenue, % change over prior year | -73.0% | 132.4% | 10.4% | 42.6% | -50.0% |
Program services revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 2.6% | 21.0% | 20.1% | 0.0% | 0.1% |
Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other grants and contributions | 97.4% | 79.0% | 79.9% | 100.0% | 109.6% |
Other revenue | 0.0% | 0.0% | 0.0% | 0.0% | -9.7% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $546,792 | $568,238 | $608,737 | $1,463,365 | $1,687,960 |
Total expenses, % change over prior year | 0.9% | 3.9% | 7.1% | 140.4% | 15.3% |
Personnel | 10.2% | 9.8% | 28.4% | 31.0% | 35.5% |
Professional fees | 6.6% | 7.5% | 1.1% | 0.0% | 0.0% |
Occupancy | 0.0% | 0.4% | 4.9% | 2.5% | 5.7% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other expenses | 83.2% | 82.3% | 65.6% | 66.6% | 58.8% |
Full cost components (estimated) info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $546,792 | $568,238 | $612,589 | $1,471,005 | $1,715,288 |
One month of savings | $45,566 | $47,353 | $50,728 | $121,947 | $140,663 |
Debt principal payment | $0 | $0 | $0 | $0 | $0 |
Fixed asset additions | $0 | $0 | $46,405 | $0 | $0 |
Total full costs (estimated) | $592,358 | $615,591 | $709,722 | $1,592,952 | $1,855,951 |
Capital structure indicators
Liquidity info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Months of cash | 6.3 | 20.9 | 30.4 | 28.0 | 14.8 |
Months of cash and investments | 69.2 | 70.0 | 75.7 | 47.4 | 43.6 |
Months of estimated liquid unrestricted net assets | 87.3 | 103.9 | 116.9 | 55.4 | 44.2 |
Balance sheet composition info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Cash | $289,021 | $989,312 | $1,544,017 | $3,415,346 | $2,075,400 |
Investments | $2,864,633 | $2,323,483 | $2,296,710 | $2,363,364 | $4,059,544 |
Receivables | $156,639 | $88,458 | $45,000 | $20,000 | $34,810 |
Gross land, buildings, equipment (LBE) | $30,000 | $30,000 | $76,404 | $78,572 | $85,658 |
Accumulated depreciation (as a % of LBE) | 0.0% | 0.0% | 5.0% | 14.8% | 45.9% |
Liabilities (as a % of assets) | 0.1% | 0.1% | 0.1% | 0.0% | 4.7% |
Unrestricted net assets | $0 | $0 | $0 | $0 | $0 |
Temporarily restricted net assets | $0 | N/A | N/A | N/A | N/A |
Permanently restricted net assets | $0 | N/A | N/A | N/A | N/A |
Total restricted net assets | $0 | $0 | $0 | $0 | $0 |
Total net assets | $4,009,662 | $4,950,892 | $6,005,085 | $6,818,608 | $6,262,729 |
Key data checks
Key data checks info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Founder and CEO
Ray M. Noah
www.linkedin.com/in/raynoah
Co-Founder, Executive Director
Linda Noah
www.linkedin.com/in/lindanoah
Number of employees
Source: IRS Form 990
PETROS NETWORK
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
PETROS NETWORK
Board of directorsas of 10/21/2023
Board of directors data
Ray Noah
Petros Network
Term: 2012 -
Sam Thannikal
Paragon Payroll & HR, Inc.
Ron Stokes
Portland Christian Center
Ray Noah
Petros Network
Linda Noah
Petros Network
Stan Cooper
Retired
Vik Rajagopal
FaithLife
Doug Resler
Parker Evangelical Presbyterian Church
Doug MacLardy
Doug MacLardy, CPFA,Columbia Associates Wealth Management Group
Ron Cochran
Sunriver Vacations
Krista Johnson
Shell USA
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
The organization's co-leader identifies as:
Race & ethnicity
No data
Gender identity
Transgender Identity
Sexual orientation
Disability
We do not display disability information for organizations with fewer than 15 staff.
Equity strategies
Last updated: 09/27/2023GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We review compensation data across the organization (and by staff levels) to identify disparities by race.
- We ask team members to identify racial disparities in their programs and / or portfolios.
- We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
- We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
- We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
- We disaggregate data by demographics, including race, in every policy and program measured.
- We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
- We use a vetting process to identify vendors and partners that share our commitment to race equity.
- We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
- We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
- We have community representation at the board level, either on the board itself or through a community advisory board.
- We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
- We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.