Providence Ministries

The information on this page was last updated 12/13/2023. If you see errors or omissions, please email: [email protected]


Summary

Located in Dalton, Georgia, Providence Ministries, Inc. rescue mission provides people in need with the opportunity to find hope and recovery from a multitude of ailments in the name of Jesus Christ. Through our various Christian based missions and initiatives, we are in the blessed and privileged position of seeing families restored, lives healed, and most importantly, souls saved.


Contact information

Mailing address:
Providence Ministries
711 S Hamilton St.
Dalton, GA 30720

Website: providenceministriesinc.com

Phone: 706-275-0268

Email: providenceministriesinc.com/contact


Organization details

EIN: 581592141

CEO/President: Roy Johnson

Chairman: Tom McMullen

Board size: 7

Founder: Roy Johnson

Ruling year: 1985

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Provide food and shelter to the need; provide newsletter to supporters concerned citizens; provide transitional homes and support to recovering addicts; provide thrift stores to the needy; provide shelter and support to battered women


Mission statement

Providence Ministries is an ever-growing and ever-evolving organization whose mission is to minister to the immediate needs of the community it resides, and in turn, foster long term personal spiritual growth in the people with whom relationships have as a result been formed.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating33 of 11124 of 141
Fund acquisition rating99 of 11133 of 141
Resource allocation rating135 of 111315 of 141
Asset utilization rating125 of 111213 of 141

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%1%1%1%1%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%1%0%0%0%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%88%84%84%86%94%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%1%1%0%0%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%12%16%16%14%6%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%87%87%86%87%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
90%95%84%94%99%96%
Program output ratio Program output ratio =
Program services /
Total revenue
71%82%74%81%85%83%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
10%5%16%6%1%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%8%22%9%2%5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%12%12%13%13%13%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.521.321.051.091.090.97
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.862.662.462.603.263.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.693.502.592.833.572.90
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.6722.0726.944.8713.6018.09
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.050.040.210.070.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.453.274.453.373.123.90
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%2%12%22%19%21%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%11%14%17%19%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
157%75%83%72%74%82%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$2,292,661$2,681,032$2,307,622$1,482,526$1,636,825
Receivables, inventories, prepaids$288,506$200,678$83,912$255,521$278,402
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,581,167$2,881,710$2,391,534$1,738,047$1,915,227
Long-term investments$0$0$0$0$0
Fixed assets$4,225,375$4,159,526$3,765,233$3,878,758$3,816,565
Other long-term assets$56,354$55,854$55,854$55,854$22,483
Total long-term assets$4,281,729$4,215,380$3,821,087$3,934,612$3,839,048
Total assets$6,862,896$7,097,090$6,212,621$5,672,659$5,754,275
 
Liabilities20222021202020192018
Payables and accrued expenses$116,961$106,961$491,243$127,776$105,888
Other current liabilities$0$0$0$0$0
Total current liabilities$116,961$106,961$491,243$127,776$105,888
Debt$0$759,159$858,894$943,465$1,085,030
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$759,159$858,894$943,465$1,085,030
Total liabilities$116,961$866,120$1,350,137$1,071,241$1,190,918
 
Net assets20222021202020192018
Without donor restrictions$6,745,935$6,230,970$4,862,484$4,446,393$4,368,377
With donor restrictions$0$0$0$155,025$194,980
Net assets$6,745,935$6,230,970$4,862,484$4,601,418$4,563,357
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$8,392,707$7,437,090$6,025,278$5,401,260$5,451,478
Program service revenue$509,123$419,257$400,877$539,502$0
Membership dues$0$0$0$0$0
Investment income$213($1,802)$187,431($11,708)$10,801
Other revenue$643,596$992,991$570,268$348,417$314,427
Total other revenue$1,152,932$1,410,446$1,158,576$876,211$325,228
Total revenue$9,545,639$8,847,536$7,183,854$6,277,471$5,776,706
 
Expenses20222021202020192018
Program services$7,870,153$6,519,664$5,842,098$5,363,806$4,785,308
Management and general$1,092,578$917,198$889,130$806,021$731,115
Fundraising$67,943$38,100$32,987$29,659$46,715
Total expenses$9,030,674$7,474,962$6,764,215$6,199,486$5,563,138
 
Change in net assets20222021202020192018
Surplus (deficit)$514,965$1,372,574$419,639$77,985$213,568
Other changes in net assets$0$0$0$0$0
Total change in net assets$514,965$1,372,574$419,639$77,985$213,568

Compensation

NameTitleCompensation
Roy G JohnsonPresident$188,454
Edith D JohnsonManager/Trea$127,605

Compensation data as of: 12/31/2022


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 12/13/2023. To update the information below, please email: [email protected]


History

In the year 1978, Providence Ministries Founder and CEO Roy Johnson came to understand that forgiveness, love, and peace had eluded him despite his many "successes" by worldly standards. He soon learned that he was filling a hole with money and alcohol that only God could fill, and once he grasped this truth, he was so inspired that his life journey would forever be changed. He soon found himself on the front-lines of ministry and mission work, and 2 years later, in 1985, Providence Ministries Inc. was born.

Since its founding in 1985, Providence Ministries has played a pivotal role in helping improve the conditions of those struggling with spiritual, social, and economic woes within the Dalton Georgia community and surrounding areas. Our efforts have included a women's pregnancy facility that during its existence helped over 25,000 clients, multiple boys homes reflecting our affinity for children, and has expanded to include addiction recovery programs for men and women in Georgia and Tennessee. We also feed and shelter homeless men, women, and children 365 days a year.

In our never ending quest to spread God's message of hope, we are continually evolving. Our newest exciting project has been the opening of a Christian women's addiction center in Rocky Face Georgia, which opened in February of 2012. Also in the works is a food pantry to help alleviate the ever growing hunger epidemic, and a new larger men's shelter in order to handle the growing homeless epidemic.

In the process of serving as a type of "spiritual hospital", we also make available many unique fellowship, volunteer, and donation opportunities for organizations and individuals alike.


Program accomplishments


Needs