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Provisum Group

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 463643940 ✦ Reynoldsburg, OH ✦ Designated as a 501(c)(3)

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Overview

What is Provisum Group?

Provisum Group is a service-oriented organization based in Reynoldsburg, Ohio. Its primary focus is to assist non-profit organizations and churches by offering specialized services in accounting, IT, and marketing. The goal is to enhance their operational efficiency, thereby enabling them to effectively spread their core beliefs and mission more effectively. The group's mission allows these organizations to manage their resources effectively, ultimately contributing to their overall success in their respective fields.


Official website here: www.theprovisumgroup.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 62%)

Provisum Group has received a Two-Star rating from Charity Navigator, indicating that it needs improvement in its overall accountability and finance practices. The organization scored 62%, reflecting some strengths such as an independent board comprised of 80% independent members and a high program expense ratio of 88.61%, which suggests a strong focus on its programs over administrative costs.

However, significant limitations were noted in the evaluation. The organization has no financial statements available, which severely impacted its accountability score, along with the absence of a conflict of interest policy and failure to post its tax form on its website. While it has a whistleblower policy and retains board meeting minutes, these gaps suggest areas for improvement to enhance transparency and governance.

Overall, while Provisum Group demonstrates a commitment to its mission through program spending, its lack of essential financial disclosures and governance policies raises concerns that could affect its credibility and trust among donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Provisum Group legitimate?

Provisum Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Provisum Group submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.theprovisumgroup.com

What is the mission statement of Provisum Group?

Provisum Group's mission is centered around offering Accounting, IT, and Marketing services to non-profit organizations and churches. The primary objective is to optimize their organizational resources, thereby enabling them to effectively spread their religious beliefs more efficiently. By providing these services, Provisum Group aims to contribute significantly to the smooth operation of these entities, thereby allowing them to focus more on their core mission.


Official website here: www.theprovisumgroup.com

Who is the CEO of Provisum Group?

Donald Corder is the President of Provisum Group.


Official website here: www.theprovisumgroup.com

What is the revenue of Provisum Group?

Provisum Group's revenue in 2022 was $879,639.


Official website here: www.theprovisumgroup.com

Who are the executives of Provisum Group and what are their salaries?


Here are 5 key members and their salaries:


Jon Laria (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Greenway (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Phillips (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad White (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Corder (President)
  • Compensation: $0
  • Related: $77,000
  • Other: $48,000


Official website here: www.theprovisumgroup.com

Where can I find the form 990 for Provisum Group?

Provisum Group's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theprovisumgroup.com

Learn more at the official website: www.theprovisumgroup.com

Mission Statement of Provisum Group

Provisum Group, a service-oriented organization, is dedicated to supporting non-profit and religious institutions, specifically in the areas of Accounting, Information Technology, and Marketing. Their mission is to streamline these organizations' operational resources, thereby enabling them to effectively spread their religious beliefs, or in simpler terms, propagate the Gospel more efficiently. By offering specialized services in these critical areas, Provisum Group aims to empower these non-profits and churches to focus more on their primary objectives, ultimately contributing positively to their communities.

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Impact




July, 2024

Provisum Group's impact lies in its ability to streamline organizational resources for non-profit and church clients, allowing them to efficiently propagate the Gospel. By providing Accounting IT and Marketing services, Provisum Group enables these organizations to focus on their mission of helping others and spreading their message effectively. This support ultimately enhances the overall effectiveness and reach of their clients, contributing to the positive impact they have on their communities.




This information is meant to be a general summary of Provisum Group. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$879,639 (2022)
Expenses
$1,487,592 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,374
  • Program Service Revenue: $876,975
  • Gross Receipts: $889,124

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $499,900
  • Net Assets: -$499,900

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Consulting Income

Revenue

$876,975

Organization Details

Founding Year

2013

Principal Officer

Donald Corder

Main Address

7600 SLATE RIDGE BLVD, REYNOLDSBURG, OH, 430688157

NTEE Category

Code: P20 - Human services

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