Provision Ministry Inc
- Assets
- $833.2k
- Revenue
- $12.2m
- Investments
- $0.0
- Employees
- 2
- Location
- Westborough, MA
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 81-5481524
Organization Overview
Provision Ministry Inc is located in Westborough, MA. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Provision Ministry Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Provision Ministry 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 12/2021, Provision Ministry Inc generated $12.2m in total revenue. All expenses for the organization totaled $11.8m during the year ending 12/2021. While expenses have increased by 101.4% per year over the past 5 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.
Since 2017, Provision Ministry Inc has awarded 90 individual grants totaling $17,589,427. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF PROVISION MINISTRY,INC. IS TO EQUIP NONPROFIT ORGANIZATIONS WITH THE RESOURCES THEY NEED TO MAXIMIZE THEIR IMPACT ON THE PEOPLE THEY SERVE. ALSO, TO ENGAGE CORPORATIONS, FOUNDATIONS,CHURCHES, AND INDIVIDUALS TO BETTER UNDERSTAND THE NEEDS WITHIN THEIR COMMUNITIES AND HELP THEM GETINVOLVED IN COMMUNITY DEVELOPMENT AND FULFILL CORPORATE RESPONSIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORED PACK BUILD EVENTS - EVENTS WHERE BACKPACKS ARE FILLED WITH ESSENTIAL ITEMS WHICH ARE DISTRIBUTED TO THOSE IN NEED.
GIK SOURCING AND DISTRIBUTING - BASED ON SPECIFIC NEEDS OF MULTIPLE NONPROFIT ORGANIZATIONS, PROVISION SOURCES GIK DONATIONS AND DISTRIBUTES IT ON AS AS NEEDED BASIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Slicklen President And Treasurer | OfficerTrustee | 40 | $75,000 |
Sarah Day Secretary | OfficerTrustee | 2 | $0 |
Brian Burns Board Member | Trustee | 2 | $0 |
Laurie Casagrande Board Member | Trustee | 2 | $0 |
Carol Slicklen Board Member | Trustee | 2 | $0 |
Jay Chung Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,247,682 |
| Noncash contributions included in lines 1a–1f | $11,560,224 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,247,682 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $12,247,682 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,468,086 |
| 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. | $75,000 |
| Compensation of current officers, directors, key employees. | $7,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,031 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,035 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,615 |
| Fees for services: Accounting | $5,438 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,940 |
| Advertising and promotion | $0 |
| Office expenses | $4,769 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,102 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,809 |
| Insurance | $2,803 |
| All other expenses | $0 |
| Total functional expenses | $11,788,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $569,753 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $48 |
| 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 | $52,968 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $210,451 |
| Total assets | $833,220 |
| Accounts payable and accrued expenses | $2,057 |
| 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 | $0 |
| Total liabilities | $2,057 |
| Net assets without donor restrictions | $707,784 |
| Net assets with donor restrictions | $123,379 |
| 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 | $833,220 |
Grants Awarded
Over the last fiscal year, Provision Ministry Inc has awarded $11,335,208 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
Utica, NY PURPOSE: EQUIP NONPROFIT ORGANIZATIONS WITH RESOURCES THEY NEED TO MAXIMIZE THEIR IMPACT ON THE PEOPLE THEY SERVE. | $2,330,111 |
Bohemia, NY PURPOSE: EQUIP NONPROFIT ORGANIZATIONS WITH RESOURCES THEY NEED TO MAXIMIZE THEIR IMPACT ON THE PEOPLE THEY SERVE. | $1,488,681 |
Smithfield, RI PURPOSE: EQUIP NONPROFIT ORGANIZATIONS WITH RESOURCES THEY NEED TO MAXIMIZE THEIR IMPACT ON THE PEOPLE THEY SERVE. | $1,251,300 |
Federal Way, WA PURPOSE: EQUIP NONPROFIT ORGANIZATIONS WITH RESOURCES THEY NEED TO MAXIMIZE THEIR IMPACT ON THE PEOPLE THEY SERVE. | $1,064,219 |
Worcester, MA PURPOSE: EQUIP NONPROFIT ORGANIZATIONS WITH RESOURCES THEY NEED TO MAXIMIZE THEIR IMPACT ON THE PEOPLE THEY SERVE. | $751,489 |
Lowell, MA PURPOSE: EQUIP NONPROFIT ORGANIZATIONS WITH RESOURCES THEY NEED TO MAXIMIZE THEIR IMPACT ON THE PEOPLE THEY SERVE. | $689,101 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Provision Ministry Inc has recieved totaling $356,254.
| Awarding Organization | Amount |
|---|---|
Soles 4 Souls Old Hickory, TN PURPOSE: FREE DISTRIBUTION OF SHOES AND CLOTHING | $272,254 |
Fletcher Foundation Worcester, MA PURPOSE: CAPITAL SUPPORT TO EXPAND THEIR CAPA | $25,000 |
Progin Foundation Boston, MA PURPOSE: EDUCATIONAL PURPOSES | $25,000 |
Greater Lowell Community Foundation Inc Lowell, MA PURPOSE: GENERAL SUPPORT | $10,000 |
The Fred Haarris Daniels Foundation Inc Worcester, MA PURPOSE: GENERAL SUPPORT | $10,000 |
Beveridge Family Foundation Inc West Newbury, MA PURPOSE: 2021 QUALIFIED DISCRETIONARY DISTRIBUTION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bny Mellon Charitable Gift Fund Boston, MA | $342,614,894 | $208,280,795 |
Keren Keshet-The Rainbow Foundation New York, NY | $212,134,789 | $28,921,665 |
Roswell Park Alliance Foundation Buffalo, NY | $159,422,911 | $37,424,046 |
World Of Giving Inc Spring Valley, NY | $6,086,190 | $25,054,815 |
Chapel & York Us Foundation Inc New York, NY | $7,715,489 | $28,773,311 |
Give Lively Foundation Inc New York, NY | $21,044,109 | $22,415,300 |
Greater Hartford Community Foundation Inc Hartford, CT | $8,414,279 | $22,150,705 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
Imago Dei Fund Boston, MA | $57,020,766 | $29,637,241 |
Boston Charitable Trust Fund Boston, MA | $1,173,216 | $4,494,143 |