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

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Christian Growth

CategoryRatingOverall rankSector rank
Overall efficiency rating911 of 111052 of 60
Fund acquisition rating662 of 111134 of 60
Resource allocation rating740 of 111140 of 60
Asset utilization rating899 of 111053 of 60

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%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
81%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
19%45%33%46%51%47%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%79%80%82%81%79%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%92%103%86%75%84%
Program output ratio Program output ratio =
Program services /
Total revenue
78%73%82%70%61%67%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%8%-3%14%25%16%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%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 ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.020.560.540.480.640.92
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.401.821.931.901.131.05
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.441.011.050.920.720.96
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.9016.4112.4014.4615.3116.16
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.060.080.070.070.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.1111.1210.5212.1715.5711.68
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
12%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
82%130%129%141%136%102%

Financials

Balance sheet
 
Assets20232022202120202019
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
 
Liabilities20232022202120202019
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 assets20232022202120202019
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
 
Revenue20232022202120202019
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
 
Expenses20232022202120202019
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 assets20232022202120202019
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

NameTitleCompensation
Lysa TerkeurstPresident and Chief Visionary Officer$358,021
Meredith BrockChief Executive Officer and Secretary$201,677
Barb SpencerExecutive Director and Treasurer$139,641
Contessa SiegnerSr. Director of IT and Operations$126,210
Glynnis WhitwerExecutive Director of Ministry Content$123,436
Janice LawrenceController$121,208
Alexis ShyDirector of Human Resources$120,888
Chris GraceIT 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.


Program accomplishments


Needs