Provision Foundation Inc

EIN: 621837284 501(c)(3)

Knoxville, TN

Total Revenue
$257,247
Total Expenses
$431,057
Total Assets
$49,297
Net Assets
$38,277
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
TN
Principal Officer
Anne Swartz
Phone
8656918141
Tax Period
2023-01-01 to 2023-12-31

Provision Foundation Inc, founded in 2000, is a small nonprofit that reported $257K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $431K exceeded revenue, resulting in a 68% operating deficit.

Mission

Provision Foundation exists to benefit,perform the functions of and carry out the purposes of the National Christian Charitable Foundation, Inc. (NCF) in accordance with the purposes, goals and objectives of NCF.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $255,178
Program Service Revenue $0
Investment Income $2,069
Other Revenue $0
TOTAL REVENUE $257,247

Expense Breakdown

Grants Paid $261,167
Salaries & Benefits $32,291
Fundraising Expenses $0
Program Expenses $403,187
Other Expenses $137,599
TOTAL EXPENSES $431,057

Year-over-Year Comparison

2023 2022 Change
Revenue $257,247 $325,854 -0.2%
Expenses $431,057 $301,283 +0.4%
Net Income $-173,810 $24,571 -8.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
4
Independent Members
3
Employees
3
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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terry Douglass Chairman 1.00
Officer Director
$0 $0 $0
David Wills Director 1.00
Director
$0 $0 $0
Daryl Heald Director 1.00
Director
$0 $0 $0
Dana Ring Secretary 1.00
Director
$0 $0 $0
Anne Swartz President 10.00
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
2023 $257,247 $431,057 $49,297 $-173,810
2022 $325,854 $301,283 $244,881 $24,571
2021 $420,560 $421,802 $232,751 $-1,242
2020 $496,774 $458,455 $6,081,100 $38,319
2019 $759,722 $764,877 $8,810,687 $-5,155
2018 $622,481 $1,469,994 $8,802,889 $-847,513
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Provision Foundation Inc with other nonprofits in Tennessee and across the country.