PROVISION MINISTRY INC

EIN: 815481524 501(c)(3) Philanthropy & Grantmaking

WESTBOROUGH, MA

Total Revenue
$40,182,153
Total Expenses
$40,089,379
Total Assets
$2,028,839
Net Assets
$2,005,046
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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
MA
Principal Officer
THOMAS J SLICKLEN
Phone
5084392238
Tax Period
2025-01-01 to 2025-12-31

PROVISION MINISTRY INC, founded in 2017, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $40.2M in total revenue in fiscal year 2025. Revenue decreased 16% compared to the prior year.

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.

Program Service Accomplishments

Program 1
Expenses: $299,420

SPONSORED PACK BUILD EVENTS - EVENTS WHERE BACKPACKS ARE FILLED WITH ESSENTIAL ITEMS WHICH ARE DISTRIBUTED TO THOSE IN NEED.

Program 2
Expenses: $39,658,281

GIK SOURCING AND DISTRIBUTION - BASED ON SPECIFIC NEEDS OF MULTIPLE NONPROFIT ORGANIZATIONS, PROVISION SOURCES GIK DONATIONS AND DISTRIBUTES IT ON AN AS NEEDED BASIS.

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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 $40,133,279
Program Service Revenue $0
Investment Income $45,484
Other Revenue $3,390
TOTAL REVENUE $40,182,153

Expense Breakdown

Grants Paid $39,294,312
Salaries & Benefits $255,283
Fundraising Expenses $73,386
Program Expenses $39,957,701
Other Expenses $539,784
TOTAL EXPENSES $40,089,379

Year-over-Year Comparison

2025 2024 Change
Revenue $40,182,153 $47,809,580 -0.2%
Expenses $40,089,379 $47,115,872 -0.1%
Net Income $92,774 $693,708 -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

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Governance

Voting Members
6
Independent Members
3
Employees
4
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
2
$119,151
Total Directors
6
$119,151
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS J SLICKLEN PRESIDENT 40.00
Officer Director
$115,000 $0 $115,000
LAURIE CASAGRANDE SECRETARY 2.00
Officer Director
$4,151 $0 $4,151
BRIAN BURNS BOARD MEMBER 2.00
Director
$0 $0 $0
JAY CHUNG BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID CRABBE 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
2025 $40,182,153 $40,089,379 $2,028,839 $92,774
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
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