Penfield Addiction Ministries 
The information on this page was last updated 11/3/2022. If you see errors or omissions, please email: [email protected]
Summary
Penfield Addiction Ministries is a nonprofit organization committed to providing you or a loved one rehab care with respect. Along the way, we offer a judgment-free space for self-expression and support.
For over 40 years, our unique Christ-centered approach and specialized curriculum focus on substance use as a lifestyle-related health problem with biological, psychological, sociological, and spiritual dimensions.
Utilizing a combination of Evidence-Based treatment modalities, proven Relapse Prevention techniques, and the 12 Steps of AA, our treatment program will help you maximize your specific treatment goals.
Contact information
Mailing address:
Penfield Addiction Ministries
1061 Mercer Cir
Union Point, GA 30669
Website: penfieldaddictionministries.org
Phone: 706-453-7929
Email: [email protected]
Organization details
EIN: 581368663
CEO/President: Mike Walker, M.Ed.
Chairman: Bruce Georgia / Phil Treadway
Board size: 12
Founder:
Ruling year: 1980
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2022
Purpose
Mission statement
Reclaiming men and women with addictions through Christ and Christian love.
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 554 of 1031 | 45 of 107 |
| Fund acquisition rating | | 340 of 1032 | 33 of 107 |
| Resource allocation rating | | 949 of 1032 | 96 of 107 |
| Asset utilization rating | | 322 of 1031 | 31 of 107 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2016 | 2015 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 1% | 5% | 1% | 6% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 0% | 1% | 0% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 89% | 27% | 23% | 25% | 24% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 0% | 1% | 0% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 11% | 73% | 77% | 75% | 76% |
| Operating ratios | Sector median | 2020 | 2019 | 2016 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 68% | 76% | 43% | 47% |
Spending ratio Spending ratio = Total expenses / Total revenue | 86% | 99% | 95% | 103% | 102% |
Program output ratio Program output ratio = Program services / Total revenue | 68% | 68% | 73% | 44% | 48% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 14% | 1% | 5% | -3% | -2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 15% | 1% | 5% | -3% | -2% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 31% | 23% | 57% | 51% |
| Investing ratios | Sector median | 2020 | 2019 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.81 | 1.07 | 1.06 | 0.79 | 0.77 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.86 | 2.78 | 3.00 | 3.66 | 4.45 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.75 | 2.99 | 3.17 | 2.91 | 3.41 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.46 | 10.87 | 16.23 | 6.26 | 9.85 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.09 | 0.06 | 0.16 | 0.10 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.91 | 3.65 | 3.55 | 3.47 | 3.17 |
| Solvency ratios | Sector median | 2020 | 2019 | 2016 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 12% | 15% | 7% | 17% | 17% |
Debt ratio Debt ratio = Debt / Total assets | 1% | 0% | 0% | 13% | 15% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 101% | 79% | 88% | 104% | 108% |
Financials
| Balance sheet | ||||
| Assets | 2020 | 2019 | 2016 | 2015 |
| Cash | $346,740 | $349,654 | $88,981 | $103,035 |
| Receivables, inventories, prepaids | $527,153 | $441,193 | $683,086 | $527,130 |
| Short-term investments | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 |
| Total current assets | $873,893 | $790,847 | $772,067 | $630,165 |
| Long-term investments | $0 | $0 | $20,411 | $19,613 |
| Fixed assets | $1,466,402 | $1,544,596 | $2,034,664 | $2,151,368 |
| Other long-term assets | $90,503 | $37,463 | $0 | $0 |
| Total long-term assets | $1,556,905 | $1,582,059 | $2,055,075 | $2,170,981 |
| Total assets | $2,430,798 | $2,372,906 | $2,827,142 | $2,801,146 |
| Liabilities | 2020 | 2019 | 2016 | 2015 |
| Payables and accrued expenses | $80,385 | $48,717 | $83,426 | $63,972 |
| Other current liabilities | $0 | $0 | $40,000 | $0 |
| Total current liabilities | $80,385 | $48,717 | $123,426 | $63,972 |
| Debt | $0 | $0 | $367,640 | $421,120 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $289,687 | $127,940 | $0 | $0 |
| Total long-term liabilities | $289,687 | $127,940 | $367,640 | $421,120 |
| Total liabilities | $370,072 | $176,657 | $491,066 | $485,092 |
| Net assets | 2020 | 2019 | 2016 | 2015 |
| Without donor restrictions | $2,060,726 | $2,196,249 | $2,336,076 | $2,316,054 |
| With donor restrictions | $0 | $0 | $0 | $0 |
| Net assets | $2,060,726 | $2,196,249 | $2,336,076 | $2,316,054 |
| Revenues and expenses | ||||
| Revenue | 2020 | 2019 | 2016 | 2015 |
| Total contributions | $700,076 | $599,391 | $533,149 | $500,433 |
| Program service revenue | $1,927,639 | $2,027,717 | $1,553,553 | $1,521,779 |
| Membership dues | $0 | $0 | $0 | $0 |
| Investment income | $0 | ($412) | $0 | $0 |
| Other revenue | $0 | $0 | $81,499 | $79,611 |
| Total other revenue | $1,927,639 | $2,027,305 | $1,635,052 | $1,601,390 |
| Total revenue | $2,627,715 | $2,626,696 | $2,168,201 | $2,101,823 |
| Expenses | 2020 | 2019 | 2016 | 2015 |
| Program services | $1,781,128 | $1,911,225 | $958,539 | $1,015,258 |
| Management and general | $820,165 | $564,672 | $1,277,353 | $1,100,104 |
| Fundraising | $8,258 | $30,435 | $7,500 | $31,001 |
| Total expenses | $2,609,551 | $2,506,332 | $2,243,392 | $2,146,363 |
| Change in net assets | 2020 | 2019 | 2016 | 2015 |
| Surplus (deficit) | $18,164 | $120,364 | ($75,191) | ($44,540) |
| Other changes in net assets | $0 | $0 | $0 | $0 |
| Total change in net assets | $18,164 | $120,364 | ($75,191) | ($44,540) |
Compensation
Compensation data for this ministry has not been collected.
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 11/3/2022. To update the information below, please email: [email protected]