Providence Network
- Assets
- $9.6m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 33
- Location
- Denver, CO
- Founding
- 12/1988
- Data as of
- 03/2021
- EIN
- 74-2505406
Organization Overview
Providence Network is located in Denver, CO. The organization was established in 1988. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 03/2021, Providence Network employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Providence Network 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 03/2021, Providence Network generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $1.9m during the year ending 03/2021. While expenses have increased by 5.5% 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
PROVIDENCE NETWORK IS AN URBAN, TRANSFORMATIONAL HOUSING ORGANIZATION THAT HELPS IMPOVERISHED MEN, WOMEN AND FAMILIES HEAL FROM ADDICTIONS, ABUSE AND HOMELESSNESS TO BECOME SELF-SUFFICIENT, PRODUCTIVE MEMBERS OF THE COMMUNITY. WE ACHIEVE THIS THROUGH A LIVING-IN-COMMUNITY MODEL THAT INCLUDES A 2-YEAR "FIRSTSTEP" TRANSITIONAL HOUSING PROGRAM OF INDIVIDUAL COUNSELING, GROUP THERAPY, VOCATIONAL ASSISTANCE, LIFE SKILLS DEVELOPMENT, SPIRITUAL GROWTH, AND STRICT ACCOUNTABILITY WITH "24/7" LIVE-IN STAFF. GRADUATES ARE ABLE TO CONTINUE THEIR GROWTH IN OUR "NEXTSTEP" DRUG & ALCOHOL-FREE AFFORDABLE AND SUPPORTIVE APARTMENT COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES SIX TRANSFORMATIONAL HOUSING PROPERTIES IN DENVER, COLORADO. THIS INCLUDES THREE LEVEL 1 "FIRSTSTEP" TRANSITIONAL HOMES AND THREE LEVEL 2 "NEXTSTEP" COMMUNITIES. SUPPORTIVE SERVICES ARE PROVIDED TO INDIVIDUALS AND FAMILIES IN TRANSITION WHO ARE RECOVERING FROM ADDICTIONS, DOMESTIC VIOLENCE AND/OR HOMELESSNESS. THE FIRSTSTEP PROGRAM PROVIDES SUBSIDIZED HOUSING, FOOD, COUNSELING, SUPPORT GROUPS, LIFE SKILLS DEVELOPMENT, EMPLOYMENT TRAINING, AND HEALTHY SOCIAL ACTIVITIES. THE NEXTSTEP COMMUNITIES OFFER AFFORDABLE RENTS IN A HEALTHY, SOBER LIVING ENVIRONMENT WITH ACCESS TO SUPPORTIVE SERVICES AS NEEDED. ON ANY GIVEN DAY, OUR SIX HOMES CAN SERVE UP TO 160 PEOPLE. IN 2019/20 WE SERVED A TOTAL OF 168.
THE ORGANIZATION OPERATES SIX TRANSFORMATIONAL HOUSING PROPERTIES IN DENVER, COLORADO. THIS INCLUDES THREE LEVEL 1 "FIRSTSTEP" TRANSITIONAL HOMES AND THREE LEVEL 2 "NEXTSTEP" COMMUNITIES. SUPPORTIVE SERVICES ARE PROVIDED TO INDIVIDUALS AND FAMILIES IN TRANSITION WHO ARE RECOVERING FROM ADDICTIONS, DOMESTIC VIOLENCE AND/OR HOMELESSNESS. THE FIRSTSTEP PROGRAM PROVIDES SUBSIDIZED HOUSING, FOOD, COUNSELING, SUPPORT GROUPS, LIFE SKILLS DEVELOPMENT, EMPLOYMENT TRAINING, AND HEALTHY SOCIAL ACTIVITIES. THE NEXTSTEP COMMUNITIES OFFER AFFORDABLE RENTS IN A HEALTHY, SOBER LIVING ENVIRONMENT WITH ACCESS TO SUPPORTIVE SERVICES AS NEEDED. ON ANY GIVEN DAY, OUR SIX HOMES CAN SERVE UP TO 160 PEOPLE. IN 2019/20 WE SERVED A TOTAL OF 168.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kacey Pickard Chairman | OfficerTrustee | 1 | $0 |
Kimberly Bolt Secretary | OfficerTrustee | 1 | $0 |
Chad Scherer Treasurer | OfficerTrustee | 1 | $0 |
Andrew Chapin Board Member | Trustee | 1 | $0 |
David Milholm Board Member | Trustee | 1 | $0 |
Jerry Middel Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,809,309 |
| Investment income | $135 |
| 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 | $2,282,178 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $812,068 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $205,854 |
| Payroll taxes | $63,444 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $60,820 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $161,484 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,089 |
| Interest | $140,077 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $240,727 |
| Insurance | $63,937 |
| All other expenses | $0 |
| Total functional expenses | $1,942,481 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,381 |
| Savings and temporary cash investments | $62,009 |
| Pledges and grants receivable | $2,478 |
| Accounts receivable, net | $7,514 |
| 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 | $43,933 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $14,343 |
| Other assets | $2 |
| Total assets | $9,591,929 |
| Accounts payable and accrued expenses | $126,562 |
| 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 | $1,531,500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,248,723 |
| Total liabilities | $2,906,785 |
| 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 |
| Total liabilities and net assets/fund balances | $6,685,144 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Providence Network has recieved totaling $285,068.
| Awarding Organization | Amount |
|---|---|
Harold And Virginia Simpson Foundation Phoenix, AZ PURPOSE: GENERAL FUND | $60,000 |
Whitham Family Foundation Denver, CO PURPOSE: CHARITABLE | $50,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $41,485 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $32,900 |
Nord Family Foundation Amherst, OH PURPOSE: MATCHING - GENERAL OPERATING SUPPORT | $25,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $14,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catholic Charities Of Northeast Kansas Inc Overland Park, KS | $7,644,669 | $19,984,016 |
United Community Action Program Inc Pawnee, OK | $10,772,761 | $18,838,270 |
Community Action Agency Of Ok City & Ok Canadian Counties Inc Okc, OK | $7,076,135 | $17,912,554 |
Big Five Community Services Inc Durant, OK | $12,347,730 | $17,649,703 |
Psa Behavioral Health Agency Phoenix, AZ | $11,491,382 | $16,032,932 |
Lutheran Social Service Of Colorado Denver, CO | $5,962,454 | $15,365,278 |
Community Action Partnership Of Western Nebraska Gering, NE | $9,588,655 | $16,478,240 |
Springs Rescue Mission Colorado Springs, CO | $31,987,064 | $16,020,528 |
Blue Valley Community Action Inc Fairbury, NE | $9,711,299 | $13,458,848 |
Community Action Resource & Development Inc Claremore, OK | $9,458,062 | $13,145,718 |
Help-New Mexico Inc Albuquerque, NM | $3,897,481 | $13,740,956 |
Friends Of Switchpoint Inc St George, UT | $11,977,963 | $16,354,391 |