Providence Ministries

The information on this page was last updated 1/27/2022. If you see errors or omissions, please email: info@ministrywatch.com


Summary

Providence is a Christian, faith-based non-profit organization moving forward with God to be highly effective within our community, area, state, and nation. Providence specializes in effective solutions in the areas of homeless shelters, community feeding, clothing the needy, and addiction recovery.


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

Helping People with Their Most Immediate Needs


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

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating44 of 10317 of 161
Fund acquisition rating105 of 103311 of 161
Resource allocation rating184 of 103336 of 161
Asset utilization rating164 of 103125 of 161

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%1%1%1%0%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%0%0%1%0%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%84%86%94%95%94%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%0%0%1%0%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%16%14%6%5%6%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%86%87%86%86%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
87%94%99%96%97%100%
Program output ratio Program output ratio =
Program services /
Total revenue
69%81%85%83%84%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
13%6%1%4%3%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%9%2%5%3%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%13%13%13%13%13%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.551.091.090.970.890.90
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.022.603.263.003.082.89
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.742.833.572.902.732.59
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.304.8713.6018.0918.7514.54
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.210.070.060.050.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.793.373.123.904.164.31
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%22%19%21%23%25%
Debt ratio Debt ratio =
Debt /
Total assets
2%14%17%19%21%23%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
150%72%74%82%87%83%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$2,307,622$1,482,526$1,636,825$1,468,905$1,323,856
Receivables, inventories, prepaids$83,912$255,521$278,402$428,901$707,829
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,391,534$1,738,047$1,915,227$1,897,806$2,031,685
Long-term investments$0$0$0$0$0
Fixed assets$3,765,233$3,878,758$3,816,565$3,932,098$3,816,074
Other long-term assets$55,854$55,854$22,483$22,483$22,483
Total long-term assets$3,821,087$3,934,612$3,839,048$3,954,581$3,838,557
Total assets$6,212,621$5,672,659$5,754,275$5,852,387$5,870,242
 
Liabilities20202019201820172016
Payables and accrued expenses$491,243$127,776$105,888$101,222$139,758
Other current liabilities$0$0$0$0$0
Total current liabilities$491,243$127,776$105,888$101,222$139,758
Debt$858,894$943,465$1,085,030$1,235,826$1,351,611
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$858,894$943,465$1,085,030$1,235,826$1,351,611
Total liabilities$1,350,137$1,071,241$1,190,918$1,337,048$1,491,369
 
Net assets20202019201820172016
Without donor restrictions$4,862,484$4,446,393$4,368,377$4,154,149$3,743,023
With donor restrictions$0$155,025$194,980$361,190$635,850
Net assets$4,862,484$4,601,418$4,563,357$4,515,339$4,378,873
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$6,025,278$5,401,260$5,451,478$5,059,838$4,995,109
Program service revenue$400,877$539,502$0$0$0
Membership dues$0$0$0$0$0
Investment income$187,431($11,708)$10,801$681$1,794
Other revenue$570,268$348,417$314,427$264,269$290,999
Total other revenue$1,158,576$876,211$325,228$264,950$292,793
Total revenue$7,183,854$6,277,471$5,776,706$5,324,788$5,287,902
 
Expenses20202019201820172016
Program services$5,842,098$5,363,806$4,785,308$4,483,378$4,566,016
Management and general$889,130$806,021$731,115$688,515$672,910
Fundraising$32,987$29,659$46,715$15,917$31,879
Total expenses$6,764,215$6,199,486$5,563,138$5,187,810$5,270,805
 
Change in net assets20202019201820172016
Surplus (deficit)$419,639$77,985$213,568$136,978$17,097
Other changes in net assets$0$0$0$0$0
Total change in net assets$419,639$77,985$213,568$136,978$17,097

Compensation

NameTitleCompensation
Roy G JohnsonPresident$178,991
Edith D JohnsonManager/Trea$117,635

Compensation data as of: 12/31/2020


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 1/27/2022. To update the information below, please email: info@ministrywatch.com


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 then, 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