Providence Ministries Inc
- Assets
- $10.2m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 38
- Location
- Green Bay, WI
- Founding
- 08/1994
- Data as of
- 06/2021
- EIN
- 39-1764576
Organization Overview
Providence Ministries Inc is located in Green Bay, WI. The organization was established in 1994. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Providence Ministries Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Providence Ministries 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 06/2021, Providence Ministries Inc generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.7% each year . All expenses for the organization totaled $1.2m during the year ending 06/2021. While expenses have increased by 6.8% 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
K-12 EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
K-12 EDUCATION BASED UPON CLASSICAL EDUCATION TENENTS FROM A CHRISTIAN REFERENCE. SERVED STUDENTS IN AN 11 MONTH FRAMEWORK WITH SIGNIFICANT PARENT VOLUNTEERISM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Jung Headmaster | OfficerTrustee | 50 | $66,250 |
Christopher Steinbarger Rhetoric School Principal | Officer | 50 | $42,292 |
Rev Jake Spielbauer Vice President | OfficerTrustee | 2 | $0 |
Eric Pillsbury Secretary | OfficerTrustee | 2 | $0 |
Steve Landes Chair | OfficerTrustee | 4 | $0 |
Scott Rentmeester Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Catalyst Construction Commercial Construction | 6/29/21 | $6,225,602 |
Somerville Architects Engineers Architectural | 6/29/21 | $143,304 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $76,812 |
| Related organizations | $0 |
| Government grants | $163,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,994,188 |
| Noncash contributions included in lines 1a–1f | $54,357 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,234,100 |
| Total Program Service Revenue | $880,349 |
| Investment income | $1,882 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $63,152 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,180,103 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $95,434 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,447 |
| Compensation of current officers, directors, key employees. | $35,444 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $626,628 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $87,758 |
| Payroll taxes | $56,580 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,237 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,959 |
| Advertising and promotion | $15,760 |
| Office expenses | $14,038 |
| Information technology | $2,924 |
| Royalties | $0 |
| Occupancy | $97,330 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $542 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,875 |
| Insurance | $5,026 |
| All other expenses | $21,177 |
| Total functional expenses | $1,248,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $378,663 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $361,710 |
| Accounts receivable, net | $8,690 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,127 |
| Prepaid expenses and deferred charges | $12,209 |
| Net Land, buildings, and equipment | $9,437,732 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,211,131 |
| Accounts payable and accrued expenses | $953,397 |
| Grants payable | $0 |
| Deferred revenue | $64,319 |
| 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 | $3,059,035 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,500,000 |
| Total liabilities | $5,576,751 |
| Net assets without donor restrictions | $447,995 |
| Net assets with donor restrictions | $4,186,385 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $10,211,131 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Providence Ministries Inc has recieved totaling $588,745.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $580,745 |
Servant Foundation Overland Park, KS PURPOSE: EDUCATION | $7,500 |
Baird Foundation Inc Milwaukee, WI PURPOSE: HEALTH AND HUMAN SERVICES | $500 |
Endowment Analysis
| Beg. Balance | $335,752 |
| Earnings | $3,440 |
| Other Expense | $17,737 |
| Ending Balance | $321,455 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Duluth Public Schools Academy Duluth, MN | $11,300,582 | $19,293,947 |
University Of Chicago Charter School Corporation Chicago, IL | $14,482,747 | $19,743,627 |
Providence Academy Plymouth, MN | $90,830,285 | $18,450,860 |
Timothy Christian Schools Elmhurst, IL | $41,280,764 | $20,446,601 |
Roeper City & Country School Inc Bloomfield Hills, MI | $31,989,087 | $17,945,828 |
Milwaukee Science Education Consortium Inc Milwaukee, WI | $22,408,763 | $18,701,164 |
Prairie School Inc Racine, WI | $75,801,246 | $20,722,980 |
Lake Forest Country Day School Lake Forest, IL | $60,294,395 | $16,845,171 |
Indian Community School Inc Franklin, WI | $820,604,355 | $21,906,582 |
Open Sky Education Inc Waukesha, WI | $15,604,401 | $16,173,980 |
Community Of Peace Academy St Paul, MN | $12,629,735 | $12,830,320 |
Tri-County Council For Child Development Paw Paw, MI | $1,444,803 | $12,083,268 |