PROVIDENCE FOUNDATION (EIN 541293961) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Phone

4349784535

Tax Period

2023-01-01 to 2023-12-31

PROVIDENCE FOUNDATION, founded in 1984, is a small nonprofit in the Arts, Culture & Humanities sector that reported $223K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $57K, a strong 26% operating margin.

Mission

The organization provides religious and educational seminars and classes and produces religious educational books and materials relating to providential history and Christian principles of education and family life.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $199,573

Program Service Revenue $23,565

Investment Income $0

Other Revenue $0

TOTAL REVENUE $223,138

Expense Breakdown

Grants Paid $0

Salaries & Benefits $95,986

Fundraising Expenses $0

Program Expenses $133,680

Other Expenses $69,976

TOTAL EXPENSES $165,962

Year-over-Year Comparison

	2023	2022	Change
Revenue	$223,138	$177,187	+0.3%
Expenses	$165,962	$147,050	+0.1%
Net Income	$57,176	$30,137	+0.9%

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

$82,935

Total Directors

$82,935

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stephen McDowell	President	50.00	Officer Director	$29,100	$52,400	$81,500
Beth McDowell	Secretary	10.00	Officer Director	$1,435	$0	$1,435
Doug Anderson	Director	0.50	Director	$0	$0	$0
John McDowell	Director	0.50	Director	$0	$0	$0
David Barton	Director	0.50	Director	$0	$0	$0
Mike Davis	Director	0.50	Director	$0	$0	$0
William Ostan	Director	0.50	Director	$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	No data	No data	No data	No data
2023	$223,138	$165,962	$214,629	$57,176

PROVIDENCE FOUNDATION