Proverbs 31 Ministries 
The information on this page was last updated 2/6/2024. If you see errors or omissions, please email: [email protected]
Summary
Proverbs 31 Ministries is a non-denominational, non-profit Christian ministry that seeks to lead women into a personal relationship with Christ, with Proverbs 31:10-31 as a guide.
At Proverbs 31 Ministries, we're passionate about providing you with the resources you need to dig deeper into God's Word every day. Our different ministries have been created so you would know the Truth and live the Truth... because it changes everything.
Contact information
Mailing address:
Proverbs 31 Ministries
PO Box 3189
Matthews, NC 28106
Website: proverbs31.org
Phone: 877-731-4663
Email: [email protected]
Organization details
EIN: 561989197
CEO/President: Lysa TerKeurst
Chairman: Steve Brown, CPA
Board size: 7
Founder: Lysa TerKeurst
Ruling year: 1997
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2004
Purpose
Wherever a woman may be on her spiritual journey, Proverbs 31 Ministries exists to be a trusted friend who understands the challenges she faces, walks by her side, encouraging her as she walks toward the heart of God.
Mission statement
Proverbs 31 Ministries is a non-denominational, non-profit Christian ministry that seeks to lead women into a personal relationship with Christ, with Proverbs 31:10-31 as a guide.
Statement of faith
What We Believe In
One God (Deuteronomy 6:4; Isaiah 42:8; James 2:19) in three persons (Matthew 28:19; 2 Corinthians 13:14) - Father, Son and Holy Spirit.
Jesus Christ's deity, virgin birth, sinless humanity, substitutionary death, atoning blood, bodily resurrection and ascension to heaven.
The entire Bible as God's infallible revelation to man.
Salvation by grace alone, through faith alone, in Jesus Christ alone.
Each person having been created in the image of God. (Genesis 1:26) Then, as an image-bearer of God, all of humanity has intrinsic worth and dignity reflecting the image they bear.
The one true Church, the body of Christ, consisting of all believers.
The resurrection of the body: eternal glory for believers in the new heaven and new earth (Isaiah 65:17, 66:22; 2 Peter 3:13; Revelation 21:1) and everlasting punishment for unbelievers in hell.
The importance of obedience to our Lord's command to lead people of all nations to faith in Christ and to grow in Christ-likeness.
Christ's personal return to establish His Kingdom on earth.
The Holy Spirit's indwelling and empowering of believers, which is given as a seal and a pledge of our inheritance in Christ Jesus.
God's creation of man and woman, and marriage as a holy union between a man and a woman.
The Statement of Faith does not exhaust the extent of our beliefs. The Bible, as the inspired and infallible Word of God, serves as the final authority and source of what we believe concerning truth, morality and proper conduct.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Growth
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 889 of 1117 | 55 of 64 |
| Fund acquisition rating | | 689 of 1118 | 36 of 64 |
| Resource allocation rating | | 651 of 1118 | 42 of 64 |
| Asset utilization rating | | 921 of 1117 | 57 of 64 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 8% | 7% | 6% | 6% | 9% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 4% | 5% | 3% | 3% | 5% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 85% | 55% | 67% | 54% | 49% | 53% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 5% | 5% | 4% | 4% | 6% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 15% | 45% | 33% | 46% | 51% | 47% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 79% | 80% | 82% | 81% | 79% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 92% | 103% | 86% | 75% | 84% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 73% | 82% | 70% | 61% | 67% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 8% | -3% | 14% | 25% | 16% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | 6% | -2% | 12% | 25% | 19% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 16% | 15% | 14% | 15% | 15% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.10 | 0.56 | 0.54 | 0.48 | 0.64 | 0.92 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.47 | 1.82 | 1.93 | 1.90 | 1.13 | 1.05 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.82 | 1.01 | 1.05 | 0.92 | 0.72 | 0.96 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 10.26 | 16.41 | 12.40 | 14.46 | 15.31 | 16.16 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.09 | 0.06 | 0.08 | 0.07 | 0.07 | 0.06 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.68 | 11.12 | 10.52 | 12.17 | 15.57 | 11.68 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 16% | 27% | 30% | 32% | 13% | 6% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 24% | 26% | 28% | 7% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 77% | 130% | 129% | 141% | 136% | 102% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $1,904,205 | $2,008,371 | $2,260,827 | $3,659,799 | $2,124,460 |
| Receivables, inventories, prepaids | $1,203,848 | $858,633 | $742,301 | $781,951 | $601,516 |
| Short-term investments | $4,392,169 | $3,995,220 | $4,282,136 | $4,034,510 | $3,685,037 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $7,500,222 | $6,862,224 | $7,285,264 | $8,476,260 | $6,411,013 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $6,029,196 | $6,275,511 | $6,497,404 | $1,041,891 | $168,288 |
| Other long-term assets | $91,152 | $109,540 | $50,644 | $52,772 | $139,957 |
| Total long-term assets | $6,120,348 | $6,385,051 | $6,548,048 | $1,094,663 | $308,245 |
| Total assets | $13,620,570 | $13,247,275 | $13,833,312 | $9,570,923 | $6,719,258 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $265,671 | $399,355 | $346,598 | $359,947 | $277,378 |
| Other current liabilities | $191,414 | $154,140 | $157,143 | $193,576 | $119,439 |
| Total current liabilities | $457,085 | $553,495 | $503,741 | $553,523 | $396,817 |
| Debt | $3,265,047 | $3,431,313 | $3,888,898 | $690,000 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $3,265,047 | $3,431,313 | $3,888,898 | $690,000 | $0 |
| Total liabilities | $3,722,132 | $3,984,808 | $4,392,639 | $1,243,523 | $396,817 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $9,898,438 | $9,262,467 | $9,440,673 | $8,004,433 | $5,974,474 |
| With donor restrictions | $0 | $0 | $0 | $322,967 | $347,967 |
| Net assets | $9,898,438 | $9,262,467 | $9,440,673 | $8,327,400 | $6,322,441 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $4,534,396 | $4,708,940 | $4,234,350 | $3,994,499 | $3,908,673 |
| Program service revenue | $1,995,353 | $1,582,848 | $1,791,342 | $1,808,115 | $1,795,118 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $406,810 | ($561,270) | $266,710 | $354,407 | $361,790 |
| Other revenue | $1,298,666 | $1,288,088 | $1,508,965 | $1,993,384 | $1,293,061 |
| Total other revenue | $3,700,829 | $2,309,666 | $3,567,017 | $4,155,906 | $3,449,969 |
| Total revenue | $8,235,225 | $7,018,606 | $7,801,367 | $8,150,405 | $7,358,642 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $6,017,957 | $5,777,239 | $5,495,386 | $4,936,622 | $4,899,019 |
| Management and general | $1,219,979 | $1,069,740 | $932,713 | $917,421 | $914,661 |
| Fundraising | $361,318 | $349,833 | $259,995 | $251,151 | $363,510 |
| Total expenses | $7,599,254 | $7,196,812 | $6,688,094 | $6,105,194 | $6,177,190 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $635,971 | ($178,206) | $1,113,273 | $2,045,211 | $1,181,452 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $635,971 | ($178,206) | $1,113,273 | $2,045,211 | $1,181,452 |
Compensation
| Name | Title | Compensation |
| Lysa Terkeurst | President and Chief Visionary Officer | $358,021 |
| Meredith Brock | Chief Executive Officer and Secretary | $201,677 |
| Barb Spencer | Executive Director and Treasurer | $139,641 |
| Contessa Siegner | Sr. Director of IT and Operations | $126,210 |
| Glynnis Whitwer | Executive Director of Ministry Content | $123,436 |
| Janice Lawrence | Controller | $121,208 |
| Alexis Shy | Director of Human Resources | $120,888 |
| Chris Grace | IT Director | $115,809 |
Compensation data as of: 12/31/2023
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 2/6/2024. To update the information below, please email: [email protected]
History
What began in 1992 as a monthly newsletter has grown into a multifaceted ministry that touches and transforms the lives of women around the world. Through God's direction, Proverbs 31 Ministries has gone from a couple of volunteers folding newsletters in a garage to an international women's ministry reaching hundreds of thousands of women every day with the hope of Jesus Christ. Beginning with a few willing hands and hearts, God has grown this ministry beyond what any of us could ever have imagined. Over the years we have witnessed thousands of salvations, the fastest growing women's devotion now reaching over half a million subscribers, best-selling books, sold out speaking events, numerous magazine articles, and appearances on Focus on the Family, The 700 Club, Oprah and more. Additionally, our She Speaks Conference has equipped and inspired over 5000 women to share the gospel through speaking or writing. As a team, we are humbled to be a part of what God is doing in and through Proverbs 31 Ministries and we can't wait to see what He has in store for the years ahead.