PROVIDENT MINISTRIES LTD (EIN 364535399) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

STEPHEN SUMRALL

Phone

5749681566

Tax Period

2024-01-01 to 2024-12-31

PROVIDENT MINISTRIES LTD, founded in 2004, is a community nonprofit in the Religion sector that reported $3.2M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

Church:assisting with food and supplies for areas devastated by natural disasters around the world.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,230,844

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,230,844

Expense Breakdown

Grants Paid $23,296

Salaries & Benefits $247,473

Fundraising Expenses $59,936

Program Expenses $2,915,866

Other Expenses $2,945,999

TOTAL EXPENSES $3,216,768

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,230,844	$2,559,713	+0.3%
Expenses	$3,216,768	$2,517,358	+0.3%
Net Income	$14,076	$42,355	-0.7%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$78,300

Total Directors

$121,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN SUMRALL	PRESIDENT	40.00	Officer Director	$78,300	$0	$78,300
JOSH PAGE-WOOD	TRUSTEE	40.00	Director	$24,508	$0	$24,508
RACHELLE PAGE-WOOD	TRUSTEE	40.00	Director	$18,692	$0	$18,692
DIANNE SUMRALL	SECRETARY	16.00	Officer Director	$0	$0	$0
PAULA GIBSON	TRUSTEE	0.00	Director	$0	$0	$0
DONALD COLE	TRUSTEE	0.00	Director	$0	$0	$0
DEBBIE COLE	TRUSTEE	0.00	Director	$0	$0	$0
BRETT CRUME	TRUSTEE	0.00	Director	$0	$0	$0
SARA CRUME	TRUSTEE	0.00	Director	$0	$0	$0
BOB WISEMAN	TREASURER	20.00	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
2024	$3,230,844	$3,216,768	$1,532,750	$14,076
2023	$2,559,713	$2,517,358	$1,592,198	$42,355
2022	$4,860,603	$4,829,216	$1,665,798	$31,387
2021	$5,569,454	$5,493,745	$1,633,793	$75,709
2020	$3,762,461	$3,784,863	$1,689,531	$-22,402
2019	$7,229,051	$7,215,066	$1,757,528	$13,985
2018	$6,722,996	$6,802,173	$1,797,796	$-79,177

PROVIDENT MINISTRIES LTD