PROVIDENT GROUP - BISON PROPERTIES INC (EIN 831863389) - 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

2018

Legal Domicile

Principal Officer

STEVE HICKS

Phone

2257663977

Tax Period

2024-01-01 to 2024-12-31

PROVIDENT GROUP - BISON PROPERTIES INC, founded in 2018, is a mid-sized nonprofit in the Education sector that reported $39.9M in total revenue in fiscal year 2024.

Mission

PROVIDENT GROUP - BISON PROPERTIES INC. PROMOTES AND ADVANCES EDUCATION THROUGH THE ACQUIRING, CONSTRUCTING, RENOVATING, FURNISHING, EQUIPPING, FINANCING, OWNING, OPERATING, AND MAINTAINING A MIXED-USE FACILITY ON THE CAMPUS OF HOWARD UNIVERSITY.

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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 $0

Program Service Revenue $37,299,319

Investment Income $2,272,567

Other Revenue $318,640

TOTAL REVENUE $39,890,526

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,905,520

Fundraising Expenses $0

Program Expenses $43,205,271

Other Expenses $40,809,751

TOTAL EXPENSES $43,715,271

Year-over-Year Comparison

	2024	2023	Change
Revenue	$39,890,526	$37,015,489	+0.1%
Expenses	$43,715,271	$43,942,565	0.0%
Net Income	$-3,824,745	$-6,927,076	-0.4%

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

N/A

Employees

N/A

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

$2,359,318

Total Directors

$2,157,629

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER HICKS	DIRECTOR	1.00	Director	$0	$50,541	$909,782
DONOVAN O HICKS	VICE PRESIDENT & SECRETARY	1.00	Officer Director	$0	$40,258	$644,684
MARLA P SCANNICCHIO	VICE PRESIDENT	1.00	Officer Director	$0	$51,552	$603,163
STEVE HICKS	PRESIDENT	1.00	Officer	$0	$28,552	$1,111,471

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	$39,890,526	$43,715,271	$259,902,707	$-3,824,745
2023	$37,015,489	$43,942,565	$265,945,301	$-6,927,076
2022	$3,232,622	$7,262,673	$267,501,075	$-4,030,051
2021	$2,176,245	$4,403,304	$40,001,343	$-2,227,059
2020	$3,369,147	$6,619,327	$44,872,995	$-3,250,180
2019	$990,398	$1,894,569	$31,566,382	$-904,171
2018	No data	No data	$30,914,327	No data

PROVIDENT GROUP - BISON PROPERTIES INC