Providence Ministries

Summary

Providence is a Christian, faith-based non-profit organization moving forward with God to be highly effective within our community, area, state, and nation. Providence specializes in effective solutions in the areas of homeless shelters, community feeding, clothing the needy, and addiction recovery.


Contact information

Mailing address:
Providence Ministries
711 S. Hamilton St.
Dalton, GA 30720

Website: providenceministriesinc.com

Phone: 706-275-0268

Email: providenceministriesinc.com/contact


Organization details

EIN: 581592141

CEO/President: Roy Johnson

Chairman:

Board size: 0

Founder: Roy Johnson

Year founded: 1985

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Helping People with Their Most Immediate Needs


Mission statement

Providence Ministries is an ever-growing and ever-evolving organization whose mission is to minister to the immediate needs of the community it resides, and in turn, foster long term personal spiritual growth in the people with whom relationships have as a result been formed.


Statement of faith

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating46 of 6608 of 91
Fund acquisition rating46 of 6628 of 91
Resource allocation rating137 of 66221 of 91
Asset utilization rating154 of 66023 of 91

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%1%0%1%1%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%1%0%1%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
90%94%95%94%95%82%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%1%0%1%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
10%6%5%6%5%18%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%86%86%87%87%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%96%97%100%93%97%
Program output ratio Program output ratio =
Program services /
Total revenue
78%83%84%86%80%85%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%4%3%0%7%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%5%3%0%10%5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%13%13%13%13%12%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.570.970.890.900.911.08
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
4.213.003.082.892.704.55
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.492.902.732.592.464.90
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.9818.0918.7514.5419.859.94
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.060.050.070.050.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.213.904.164.314.642.20
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%21%23%25%24%32%
Debt ratio Debt ratio =
Debt /
Total assets
1%19%21%23%23%30%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
147%82%87%83%83%63%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$1,636,825$1,468,905$1,323,856$1,226,650$903,034
Receivables, inventories, prepaids$278,402$428,901$707,829$912,772$155,460
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,915,227$1,897,806$2,031,685$2,139,422$1,058,494
Long-term investments$0$0$0$0$0
Fixed assets$3,816,565$3,932,098$3,816,074$3,612,346$3,732,126
Other long-term assets$22,483$22,483$22,483$22,540$22,845
Total long-term assets$3,839,048$3,954,581$3,838,557$3,634,886$3,754,971
Total assets$5,754,275$5,852,387$5,870,242$5,774,308$4,813,465
 
Liabilities20182017201620152014
Payables and accrued expenses$105,888$101,222$139,758$107,783$106,492
Other current liabilities$0$0$0$0$0
Total current liabilities$105,888$101,222$139,758$107,783$106,492
Debt$1,085,030$1,235,826$1,351,611$1,303,476$1,423,090
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$25$0
Total long-term liabilities$1,085,030$1,235,826$1,351,611$1,303,501$1,423,090
Total liabilities$1,190,918$1,337,048$1,491,369$1,411,284$1,529,582
 
Net assets20182017201620152014
Unrestricted$4,368,377$4,154,149$3,743,023$3,580,224$3,283,883
Temporarily restricted$194,980$361,190$635,850$782,800$0
Permanently restricted$0$0$0$0$0
Net assets$4,563,357$4,515,339$4,378,873$4,363,024$3,283,883
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$5,451,478$5,059,838$4,995,109$5,392,631$4,386,542
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$10,801$681$1,794$3,688$4,413
Other revenue$314,427$264,269$290,999$286,593$950,314
Total other revenue$325,228$264,950$292,793$290,281$954,727
Total revenue$5,776,706$5,324,788$5,287,902$5,682,912$5,341,269
 
Expenses20182017201620152014
Program services$4,785,308$4,483,378$4,566,016$4,551,671$4,531,253
Management and general$731,115$688,515$672,910$671,565$621,143
Fundraising$46,715$15,917$31,879$34,416$30,889
Total expenses$5,563,138$5,187,810$5,270,805$5,257,652$5,183,285
 
Change in net assets20182017201620152014
Surplus (deficit)$213,568$136,978$17,097$425,260$157,984
Other changes in net assets$0$0$0$0$0
Total change in net assets$213,568$136,978$17,097$425,260$157,984

Response from ministry

No response has been provided by this ministry.


History

In the year 1978, Providence Ministries Founder and CEO Roy Johnson came to understand that forgiveness, love, and peace had eluded him despite his many "successes" by worldly standards. He soon learned that he was filling a hole with money and alcohol that only God could fill, and once he grasped this truth, he was so inspired that his life journey would forever be changed. He soon found himself on the front-lines of ministry and mission work, and 2 years later, in 1985, Providence Ministries Inc. was born.

Since then, Providence Ministries has played a pivotal role in helping improve the conditions of those struggling with spiritual, social, and economic woes within the Dalton Georgia community and surrounding areas. Our efforts have included a women's pregnancy facility that during its existence helped over 25,000 clients, multiple boys homes reflecting our affinity for children, and has expanded to include addiction recovery programs for men and women in Georgia and Tennessee. We also feed and shelter homeless men, women, and children 365 days a year.

In our never ending quest to spread God's message of hope, we are continually evolving. Our newest exciting project has been the opening of a Christian women's addiction center in Rocky Face Georgia, which opened in February of 2012. Also in the works is a food pantry to help alleviate the ever growing hunger epidemic, and a new larger men's shelter in order to handle the growing homeless epidemic.

In the process of serving as a type of "spiritual hospital", we also make available many unique fellowship, volunteer, and donation opportunities for organizations and individuals alike.


Program accomplishments


Needs