PROVISION MINISTRY INC (EIN 815481524) - 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

2017

Legal Domicile

Principal Officer

THOMAS J SLICKLEN

Phone

5084392238

Tax Period

2024-01-01 to 2024-12-31

PROVISION MINISTRY INC, founded in 2017, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $47.8M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF PROVISION MINISTRY, INC. IS TO EQUIP NONPROFIT ORGANIZATIONS WITH THE RESOURCES THEY NEED TO MAXIMIZE THEIR IMPACT ON THE PEOPLE THEY SERVE. ALSO, TO ENGAGE CORPORATIONS, FOUNDATION, CHURCHES AND INDIVIDUALS TO BETTER UNDERSTAND THE NEEDS WITHIN THEIR COMMUNITIES AND HELP THEM GET INVOLVED IN COMMUNITY DEVELOPMENT AND FULFILL CORPORATE RESPONSIBILITY.

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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 $47,751,197

Program Service Revenue $0

Investment Income $45,608

Other Revenue $12,775

TOTAL REVENUE $47,809,580

Expense Breakdown

Grants Paid $46,484,573

Salaries & Benefits $240,579

Fundraising Expenses $88,755

Program Expenses $46,992,667

Other Expenses $390,720

TOTAL EXPENSES $47,115,872

Year-over-Year Comparison

	2024	2023	Change
Revenue	$47,809,580	$41,006,031	+0.2%
Expenses	$47,115,872	$40,817,715	+0.2%
Net Income	$693,708	$188,316	+2.7%

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

125

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

$94,000

Total Directors

$94,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS J SLICKLEN	PRESIDENT	40.00	Officer Director	$90,466	$0	$90,466
LAURIE CASAGRANDE	SECRETARY	2.00	Officer Director	$3,534	$0	$3,534
BRIAN BURNS	BOARD MEMBER	2.00	Director	$0	$0	$0
JAY CHUNG	BOARD MEMBER	2.00	Director	$0	$0	$0
CAROL SLICKLEN	BOARD MEMBER	2.00	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	$47,809,580	$47,115,872	$1,914,108	$693,708
2023	$41,006,031	$40,817,715	$1,224,609	$188,316
2022	$18,681,206	$18,482,121	$1,041,670	$199,085
2021	$12,247,682	$11,788,076	$833,220	$459,606
2020	$5,346,648	$5,072,794	$372,382	$273,854
2019	$1,016,255	$936,074	$108,329	$80,181
2018	$593,414	$582,264	$35,105	$11,150

PROVISION MINISTRY INC