Divine Providence Inc
- Assets
- $1.5m
- Revenue
- $523.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 03/2006
- Data as of
- 11/2021
- EIN
- 20-1895043
Organization Overview
Divine Providence Inc is located in Lexington, KY. The organization was established in 2006. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Divine Providence Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2021, Divine Providence Inc generated $523.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $524.6k during the year ending 11/2021. While expenses have increased by 7.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO SERVE IN HELPING THE HOMELESS AND DISENFRANCHISED IN AN OUTREACH MINISTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURCHASE AND/OR MAINTAIN HOUSING USED TO HOUSE THOSE IN NEED. WHILE LIVING IN THESE HOMES INDIVIDUALS WILL BE TAUGHT LIFE SKILLS NECESSARY TO LIVE INDEPENDENTLY AND OBTAIN EMPLOYMENT. SOME RESIDENTS ARE HOMELESS MEN OR WOMEN WHO SIMPLY SLEEP AT THE FACILITY THROUGH RELIGIOUS ASPECTS OF THE PROGRAM AS A FAITH MINISTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Jameson President/director | OfficerTrustee | 1 | $0 |
Ginny Ramsey Vice President | Officer | 1 | $0 |
M Judith Mclaughlin Secretary | Officer | 1 | $0 |
Laura Babbage Director | Trustee | 1 | $0 |
John Robert Owens Director | Trustee | 1 | $0 |
Robert Trussel Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $201,416 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,416 |
| Total Program Service Revenue | $283,730 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,263 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $523,409 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,575 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $149,880 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $20,619 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,218 |
| Insurance | $17,679 |
| All other expenses | $15,071 |
| Total functional expenses | $524,648 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,496 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,430,470 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,473,966 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $289,018 |
| Unsecured mortgages and notes payable | $499,900 |
| Other liabilities | $0 |
| Total liabilities | $788,918 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $685,048 |
| Total liabilities and net assets/fund balances | $1,473,966 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Divine Providence Inc has recieved totaling $46,546.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $39,046 |
Blue Grass Community Foundation Inc Lexington, KY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Residential Alternatives Of Illinois Inc Galesburg, IL | $80,007,237 | $73,925,677 |
Open Arms Care Corporation Brentwood, TN | $14,259,217 | $57,379,282 |
Buckeye Ranch Grove City, OH | $52,523,955 | $52,506,935 |
Champaign Residential Services Inc Urbana, OH | $32,789,817 | $40,282,333 |
Community Residences Inc Chantilly, VA | $8,965,819 | $35,349,534 |
Maryville Academy Des Plaines, IL | $107,135,163 | $38,590,774 |
Marklund Childrens Home Geneva, IL | $37,575,668 | $32,772,830 |
Koinonia Homes Inc Independence, OH | $28,526,535 | $37,892,187 |
Childrens Home Association Of Illinois Peoria, IL | $56,270,860 | $27,496,004 |
Emmaus Homes Inc St Charles, MO | $38,561,803 | $32,833,294 |
Beverly Farm Foundation Godfrey, IL | $38,503,233 | $44,775,588 |
Columbus Center For Human Services Inc Columbus, OH | $12,984,481 | $25,350,121 |