Provision Trust Inc

EIN: 272029644 501(c)(3) Philanthropy & Grantmaking

Knoxville, TN

Total Revenue
$292,196
Total Expenses
$5,590
Total Assets
$64,217
Net Assets
$64,026
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
TN
Principal Officer
Terry Douglass
Phone
8656918141
Tax Period
2025-01-01 to 2025-12-31

Provision Trust Inc, founded in 2010, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $292K in total revenue in fiscal year 2025. Revenue surged 88713% from the prior year, signaling strong growth momentum. The organization ran a surplus of $287K, a strong 98% operating margin.

Mission

In furtherance of the missions and visions of NCCF and Global Generosity, Provision Trust engages in two primary operations. First, it is a grant-making entity. Provision Trust utilizes a grant application process whereby applicants provide certain requested information for review by the board of directors. The board considers each grant request and determines, by a majority vote, whether or not to approve a grant. Grants are only mader to organizations whose activities are consistent with the mission and values of NCCF and Global Generosity. In addition to it's grant making operations, Provision Trust is currently a member of four nonprofit entities whose focus is on cancer awareness, research and treatment which is consistent with the charitable visions of the supported organizations and Provision Trust. Provision Trust provides financial support to these organizations by extending loans for operational liquidity for quality patient care and by leasing certain medical equipment for t

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $43,644
Program Service Revenue $0
Investment Income $233
Other Revenue $248,319
TOTAL REVENUE $292,196

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $5,590
TOTAL EXPENSES $5,590

Year-over-Year Comparison

2025 2024 Change
Revenue $292,196 $329 +887.1%
Expenses $5,590 $4,751 +0.2%
Net Income $286,606 $-4,422 -65.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terry Douglass President 1.00
Officer Director
$0 $0 $0
Daryl Heald Director 1.00
Director
$0 $0 $0
David Wills Director 1.00
Director
$0 $0 $0
Anne Swartz Secretary 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $292,196 $5,590 $64,217 $286,606
2024 No data No data No data No data
2023 $731,591 $7,160 $13,655,053 $724,431
2022 $736,514 $202,065 $13,010,879 $534,449
2021 $1,019,942 $296,340 $21,126,600 $723,602
2020 $1,036,553 $302,762 $20,366,605 $733,791
2019 $1,911,701 $1,070,614 $19,645,674 $841,087
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