John and Vera Mae Perkins Foundation

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/18/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

The John M Perkins Foundation promotes Christian Community Development and racial reconciliation to national and international urban and rural communities, reaching people of all ethnic backgrounds. JPFR is especially focused on reconciliation between Black and White. This organization is nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
John and Vera Mae Perkins Foundation
PO Box 10773
Jackson, MS 39289-0773

Website: www.jvmpf.org

Phone: (601) 354-1563

Email: info@jvmpf.org


Organization details

EIN: 953818477

CEO/President: Elizabeth, Priscilla, and Deborah Perkins

Chairman: Mr. Carl Snell

Board size: 19

Founder: Mr. Gary VanderArk

Year founded: 1983

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1985


Purpose

The John M Perkins Foundation for Reconciliation ("JPFR") strives to support Christian churches and other Christian organizations; to encourage the study of the Holy Bible and grant aid, materially and spiritually, to the distressed, the homeless and the needy, to assist minorities in bettering their lives and communities; and to lessen racial tensions in a spirit of Christian harmony.


Mission statement

The John M. Perkins Foundation for Reconciliation expresses its mission statement as follows:

Encouraging and developing leaders and resources to further the vision of wholistic Christian community development and racial reconciliation.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating686 of 94036 of 59
Fund acquisition rating56 of 9423 of 59
Resource allocation rating889 of 94255 of 59
Asset utilization rating805 of 94046 of 59

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%0%0%0%0%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%0%0%0%0%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
77%78%84%77%78%92%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%0%0%0%0%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
23%22%16%23%22%8%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%63%59%60%55%53%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%87%83%79%64%137%
Program output ratio Program output ratio =
Program services /
Total revenue
76%54%49%47%35%72%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%13%17%21%36%-37%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%5%6%9%15%-6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%37%41%40%45%44%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.860.310.280.310.280.21
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.722.362.712.202.518.58
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.750.740.750.680.691.77
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
7.2999.4654.93147.970.00277.12
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.130.010.020.010.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.8216.1215.6717.4517.316.77
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
14%1%1%1%0%0%
Debt ratio Debt ratio =
Debt /
Total assets
3%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
85%318%357%320%363%486%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$175,960$123,749$224,727$215,671$0
Receivables, inventories, prepaids$12,895$6,204$3,725$23$0
Short-term investments$510,048$451,703$444,660$327,390$132,187
Other current assets$0$0$0$0$0
Total current assets$698,903$581,656$673,112$543,084$132,187
Long-term investments$0$0$0$0$0
Fixed assets$949,833$992,639$810,299$821,643$824,187
Other long-term assets$0$0$0$0$177,340
Total long-term assets$949,833$992,639$810,299$821,643$1,001,527
Total assets$1,648,736$1,574,295$1,483,411$1,364,727$1,133,714
 
Liabilities20192018201720162015
Payables and accrued expenses$7,027$10,590$4,549$0$477
Other current liabilities$0$0$0$0$0
Total current liabilities$7,027$10,590$4,549$0$477
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$2,717$2,924$9,483$0$0
Total long-term liabilities$2,717$2,924$9,483$0$0
Total liabilities$9,744$13,514$14,032$0$477
 
Net assets20192018201720162015
Without donor restrictions$1,507,238$1,450,891$1,359,489$1,254,837$1,023,347
With donor restrictions$131,754$109,890$109,890$109,890$109,890
Net assets$1,638,992$1,560,781$1,469,379$1,364,727$1,133,237
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$460,047$444,536$451,631$457,825$157,220
Program service revenue$38,879$79,500$55,800$33,895$5,625
Membership dues$0$0$0$0$0
Investment income$8,426$7,100$7,718$7,424$5,702
Other revenue$86,036($2,460)$69,919$88,146$2,158
Total other revenue$133,341$84,140$133,437$129,465$13,485
Total revenue$593,388$528,676$585,068$587,290$170,705
 
Expenses20192018201720162015
Program services$322,924$258,925$276,873$206,617$123,498
Management and general$192,253$178,349$182,945$169,779$103,256
Fundraising$0$0$0$0$6,574
Total expenses$515,177$437,274$459,818$376,396$233,328
 
Change in net assets20192018201720162015
Surplus (deficit)$78,211$91,402$125,250$210,894($62,623)
Other changes in net assets$0$0$0$0$0
Total change in net assets$78,211$91,402$125,250$210,894($62,623)

Compensation

NameTitleCompensation
Priscilla PerkinsCo-President/Board Member$38,835
John M PerkinsPresident Emeritus$26,507

Compensation data as of: 12/31/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/18/2021. To update the information below, please email: info@ministrywatch.com


History

The John and Vera Mae Perkins Foundation for Justice, Reconciliation & Community Development (JVMPF) is a non-profit organization that teaches and promotes the principles of Christian Community development and racial reconciliation. It was founded in Pasadena, California in February 1983 by Drs. John M. and Vera Mae Perkins and a few friends and supporters. In 1998 it moved to Jackson, Mississippi to begin its work in the economically and physically deteriorating West Jackson community.

Through years of experience among the poor, Dr. John Perkins recognized that the problems encountered by those living in West Jackson and similar communities cannot be solved without strong commitment and risky actions on the part of ordinary Christians with heroic faith. He observed that most creative long-term solutions to the problems of the poor came from grass-roots and church-based efforts of people who saw themselves as the replacements, the agents of Jesus here on earth and in their own neighborhoods and communities.

The John and Vera Mae Perkins philosophy is a community development concept. It wasn't developed in a classroom, nor formulated by those foreign to the poor community. Our Biblical principles are practical and evolved from years of living and working among families living in our target area. In rural Mississippi, John Perkins first developed this philosophy. He, his wife, Dr. Vera Mae Perkins, and their children have lived out this philosophy for more than 56 years.

Biography - The Legacy of John and Vera Mae Perkins

Founders of Mendenhall Ministries & Bible Church

John, Vera Mae and their families have ministered among the poor for the past 56 years. In 1960, the couple left a successful life in California and moved back to Mendenhall, MS to begin living out a new principle. In 12 years, John Perkins helped start a day-care center, youth program, church, cooperative farm, thrift store, housing repair ministry, a health center, and an adult education program.

John and Vera Mae also organized their communities during the Civil Rights era. With marches, community action and bravely taking a stand in their own personal lives, John and Vera Mae led the way for civil disobedience. Their children were some of the first students to integrate their local schools and they sheltered the difficulties of that time together as a family.

John was brutally beaten by law enforcement during this time. He was imprisoned after he attempted to free black college students from Tougaloo College and Jackson State University who had been jailed for freedom marching with the Perkins.

Today, Mendenhall Ministries continues under the leadership of Artis & Carolyn Fletcher and Dr. Carrie Turner.


Program accomplishments


Needs