Pregnancy Resource Center
The information on this page was last updated 1/8/2024. If you see errors or omissions, please email: [email protected]
Summary
Changing the future one life at a time.
Contact information
Mailing address:
Pregnancy Resource Center
415 Cherry Street SE
Grand Rapids, MI 49503-9503
Website: prcforlife.org
Phone: (616) 456-6873
Email: [email protected]
Organization details
EIN: 382591608
CEO/President: Jim Sprague
Chairman: Jason Granger
Board size: 10
Founder:
Ruling year: 1985
Tax deductible: Yes
Fiscal year end: 03/31
Member of ECFA: Yes
Member of ECFA since: 1999
Purpose
We affirm God's gift of human life by being the most trusted and respected source for information, education, and services that encourage, empower, restore and redeem through the Lord Jesus Christ.
Mission statement
We Live the Truth that People Matter to God through:
P- Proactive Education
R- Responsive Medical Care
C- Compassionate Support Services
Statement of faith
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Pro-Life
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 936 of 1118 | 28 of 30 | |
Fund acquisition rating | 766 of 1119 | 22 of 30 | |
Resource allocation rating | 998 of 1119 | 28 of 30 | |
Asset utilization rating | 583 of 1118 | 20 of 30 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 14% | 15% | 12% | 18% | 17% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 9% | 14% | 15% | 12% | 17% | 17% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 95% | 98% | 97% | 99% | 96% | 97% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 10% | 15% | 16% | 16% | 17% | 17% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 5% | 2% | 3% | 1% | 4% | 3% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 68% | 69% | 68% | 68% | 69% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 94% | 94% | 77% | 101% | 97% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 64% | 65% | 52% | 69% | 67% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 6% | 6% | 23% | -1% | 3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 8% | 6% | 5% | 19% | -1% | 2% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 17% | 16% | 17% | 15% | 14% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.06 | 0.82 | 0.75 | 0.57 | 0.81 | 0.72 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.57 | 1.58 | 1.53 | 1.27 | 1.32 | 1.34 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.54 | 1.30 | 1.14 | 0.73 | 1.07 | 0.97 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.25 | 13.56 | 18.18 | 9.99 | 14.66 | 17.01 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.07 | 0.06 | 0.10 | 0.07 | 0.06 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.36 | 8.57 | 9.97 | 14.77 | 10.44 | 11.66 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 14% | 12% | 4% | 8% | 5% | 4% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 89% | 108% | 129% | 160% | 117% | 132% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $1,123,208 | $1,089,500 | $1,539,392 | $800,100 | $636,864 |
Receivables, inventories, prepaids | $440,076 | $149,697 | $153,863 | $217,983 | $323,050 |
Short-term investments | $996,865 | $1,071,980 | $1,115,325 | $939,531 | $1,041,841 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $2,560,149 | $2,311,177 | $2,808,580 | $1,957,614 | $2,001,755 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $1,204,558 | $1,214,444 | $766,081 | $622,898 | $679,128 |
Other long-term assets | $290,672 | $0 | $0 | $0 | $0 |
Total long-term assets | $1,495,230 | $1,214,444 | $766,081 | $622,898 | $679,128 |
Total assets | $4,055,379 | $3,525,621 | $3,574,661 | $2,580,512 | $2,680,883 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $188,815 | $127,129 | $281,206 | $133,546 | $117,648 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $188,815 | $127,129 | $281,206 | $133,546 | $117,648 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $290,672 | $0 | $0 | $0 | $0 |
Total long-term liabilities | $290,672 | $0 | $0 | $0 | $0 |
Total liabilities | $479,487 | $127,129 | $281,206 | $133,546 | $117,648 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $2,234,415 | $2,235,419 | $2,061,986 | $1,316,288 | $1,253,779 |
With donor restrictions | $1,341,477 | $1,163,073 | $1,231,469 | $1,130,678 | $1,309,456 |
Net assets | $3,575,892 | $3,398,492 | $3,293,455 | $2,446,966 | $2,563,235 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $3,474,100 | $2,709,608 | $2,656,806 | $2,001,367 | $1,933,846 |
Program service revenue | $8,945 | $8,811 | $9,241 | $15,914 | $21,118 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $43,745 | $72,440 | $11,255 | $56,100 | $28,563 |
Other revenue | $1,373 | $223 | $266 | $4,114 | $6,455 |
Total other revenue | $54,063 | $81,474 | $20,762 | $76,128 | $56,136 |
Total revenue | $3,528,163 | $2,791,082 | $2,677,568 | $2,077,495 | $1,989,982 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $2,251,318 | $1,802,018 | $1,389,004 | $1,426,618 | $1,334,841 |
Management and general | $572,183 | $407,801 | $340,956 | $313,333 | $274,906 |
Fundraising | $497,320 | $418,721 | $323,007 | $357,513 | $328,943 |
Total expenses | $3,320,821 | $2,628,540 | $2,052,967 | $2,097,464 | $1,938,690 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $207,342 | $162,542 | $624,601 | ($19,969) | $51,292 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $207,342 | $162,542 | $624,601 | ($19,969) | $51,292 |
Compensation
Name | Title | Compensation |
James Sprague | CEO | $150,837 |
Compensation data as of: 3/31/2023
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 1/8/2024. To update the information below, please email: [email protected]
History
PRC was "born on the sidewalk." It is a grassroots organization, created by ordinary people with extraordinary passion - people who love God and love people of all sizes, colors, and nations.
Back in 1984, the sidewalk was a difficult place for a woman to speak of her deepest secrets. But with a message from God on her heart, Mary Kay, a young mom, knew she had to reach them as they considered terminating their pregnancies. Only it was impossible to compete with the activity of a bustling downtown street.
"My own family was growing at the time and I worried about the health of each of my unborn babies. I simply couldn't imagine anyone thinking that deliberately ending their pregnancy was the best option," Mary Kay recalls. "I was compelled by the call of God on my heart to talk to them; He was insisting I be there to show these women another way. But we needed to get off the street."
She began praying for a quiet place to meet, and before long God provided.
Conveniently located next to the abortion clinic, a room became available. A private area just inside the front door allowed Mary Kay and the other volunteers to finally have personal conversations with desperate and confused women, helping them choose life over abortion. After a short time, she however, realized she could not meet the need alone.
Mary Kay prayed again, and again God revealed His plan.
God gave Mary Kay a vision for a pregnancy center and she shared it with her church. The young impassioned congregation at Bella Vista Church enthusiastically embraced the idea. In July 1985, PRC was born. Its permanent home at 415 Cherry SE was the same building first used by Mary Kay.
With a modest budget and a handful of committed staff and volunteers, PRC saw eighty clients in the first two months of operation, and eight lives were saved by the end of the year. A beautiful thing had happened; a legacy of truth-telling had begun at the same spot where lies about the unborn had been told.
PRC is still a ministry "born on the sidewalk," full of passionate people who love God and His people - we are living the truth that people matter to God!