Penuel Ridge Retreat Center
- Assets
- $365.3k
- Revenue
- $97.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Ashland City, TN
- Founding
- 11/1984
- Data as of
- 12/2021
- EIN
- 62-1207484
Organization Overview
Penuel Ridge Retreat Center is located in Ashland City, TN. The organization was established in 1984. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, 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. Penuel Ridge Retreat Center 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 12/2021, Penuel Ridge Retreat Center generated $97.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $99.3k during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 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
PENUEL RIDGE IS A SPIRITUAL RETREAT CENTER, FOSTERING VALUES OF CONTEMPLATION, SILENCE, HOSPITALITY, REST, SOCIAL JUSTICE, AND COMMUNION WITH NATURE. OUR MOST SIGNIFICANT ACTIVITIES ARE RETREAT OFFERINGS, A SOLIDARITY PROGRAM WITH THE HOMELESS, AND CARE OF CREATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE SECOND YEAR OF THE COVID PANDEMIC, PENUEL RIDGE REMAINED OPEN AND OPERATING AT 50% CAPACITY FROM 1/1 - 6/30 AND 100% CAPACITY FROM 7/1 - 12/31 AS AN ESSENTIAL BUSINESS (LODGING) PROVIDING SAFE AND SOCIALLY-DISTANCED SPACE TO ENGAGE IN SELF-GUIDED DAY AND OVERNIGHT RETREATS. THE RETREAT CTR WELCOMED 1,583 INDIVIDUALS, REPRESENTING A VAST ARRAY OF SPIRITUAL TRADITIONS IN SUPPORT OF OUR COMMITMENT TO INTERFAITH HOSPITALITY. EACH GUEST WAS GIVEN THE LATITUDE TO ENGAGE IN ACTIVITIES UNIQUE TO THEIR INDIVIDUAL NEEDS WHILE UTILIZING THE TOOLS OF CONTEMPLATION, SILENCE, AND REST TO REPLENISH THEIR WELLSPRING OF STRENGTH. PENUEL RIDGE SPONSORED ONE (1) THEMED RETREAT WHICH WAS CONDUCTED VIRTUALLY AND IN PERSON (TO A LIMITED NUMBER OF PEOPLE) SIMULTANEOUSLY. PENUEL RIDGE DEVELOPED AND LAUNCHED 4 NEW ENRICHMENT PROGRAMS TO ASSIST THE PUBLIC WITH NAVIGATING THE COMPLEXITIES OF LIVING DURING THE PANDEMIC. UTILIZING DIFFERENT STRATEGIES IN THE DELIVERY OF PROGRAMS, PENUEL RIDGE WAS ABLE TO ENGAGE IN A LARGER AND MORE GEOGRAPHICALLY DIVERSE CONSTITUENCY. THE 4 PROGRAMS INCLUDED A 5-WEEK VIRTUAL SERIES TO PROMOTE MULTI-FAITH UNDERSTANDING AND ACCEPTANCE ("TO BE KINDLED") AN INTENTIONAL DAY OF GUIDED SILENCE AT THE RETREAT CENTER ALLOWING PERSONS TO ENGAGE IN NOURISHING COMMUNAL AND INDIVIDUAL SILENCE ("QUENCHING A DEEP THIRST...A GUIDED SILENT RETREAT") 2 PENUEL RIDGE SPONSORED RETREATS ON THE VALUE OF THE CONTEMPLATIVE LIFE AND INCORPORATING NATURE INTO SPIRITUAL DEVELOPMENT, AND OFFERING PRIVATE SPIRITUAL DIRECTIONS 3 TIMES A MONTH.
THE COMMITMENT OF SERVICE TO AND SOCIAL JUSTICE FOR THE UNHOUSED IN OUR COMMUNITY IS AT THE HEART OF PENUEL RIDGE. ALTHOUGH WE HAD TO PAUSE ON-SITE PROGRAMMING FOR THE YEAR, DUE TO COVID, SERVICE CONTINUED WITH OUR COLLABORATIVE PARTNER, FOCUSING RESOURCES ON COMMUNITY OUTREACH ABOARD PUBLIC TRANSPORTATION AND THROUGH THE SERVING OF HOT MEALS FROM A FOOD TRUCK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn Mitchem Interim President, Director | OfficerTrustee | 12 | $0 |
Joyce Peacock Treasurer, Director | OfficerTrustee | 5 | $0 |
Vic Sorrell Secretary, Director | OfficerTrustee | 3 | $0 |
Rev Harriet J Bryan Vice President, Director | OfficerTrustee | 5 | $0 |
Jackie L Halstead President, Director | OfficerTrustee | 5 | $0 |
Patricia Bailey Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,169 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,254 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,423 |
| Total Program Service Revenue | $58,664 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $97,095 |
| 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 | $34,256 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,621 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,050 |
| Advertising and promotion | $429 |
| Office expenses | $2,887 |
| Information technology | $5,612 |
| Royalties | $0 |
| Occupancy | $21,374 |
| Travel | $2,800 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,478 |
| Interest | $743 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,926 |
| Insurance | $4,904 |
| All other expenses | $0 |
| Total functional expenses | $99,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,314 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,000 |
| 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 | $340,999 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $365,313 |
| Accounts payable and accrued expenses | $2,720 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $25,000 |
| Total liabilities | $27,720 |
| Net assets without donor restrictions | $332,439 |
| Net assets with donor restrictions | $5,154 |
| 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 | $365,313 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Penuel Ridge Retreat Center has recieved totaling $15,514.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,957 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,957 |
Boulevard Bolt Inc Nashville, TN PURPOSE: GENERAL SUPPORT | $3,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Samaritan House Community Center Rogers, AR | $3,368,725 | $7,534,821 |
E C Canada & Associates Inc Greensboro, NC | $229,550 | $4,504,238 |
Sylacauga Alliance For Family Enhancement Inc - Safe Sylacauga, AL | $1,918,841 | $3,896,450 |
Narrow Gate Foundation Duck River, TN | $1,833,553 | $2,973,441 |
Center For Executive Leadership Inc Birmingham, AL | $2,490,667 | $2,959,899 |
Project Rescue Foundation Springfield, MO | $4,016,610 | $3,399,257 |
Intown Collaborative Ministries Atlanta, GA | $816,682 | $2,226,002 |
Peoples Community Action Corporation Saint Louis, MO | $434,410 | $2,462,930 |
Hunter Lewis Foundation Edinburg, VA | $11,546,934 | $10,116 |
Restore Hope Inc Little Rock, AR | $316,312 | $1,564,715 |
Easter Seals East Georgia Inc Augusta, GA | $1,886,077 | $733,248 |
The Path Project Inc Monroe, GA | $774,045 | $1,370,431 |