Overview
What is The Provision Group Inc?
The Provision Group Inc is a compassionate nonprofit organization based in Tulsa, Oklahoma, with a dedicated workforce of eight individuals. Their primary mission is to provide assistance to families in need, offering essential items such as food, supplies, and toys. Furthermore, they respond to disasters across America, helping families restore their homes and regain lost possessions by distributing necessary goods and supplies. The organization's efforts extend beyond local communities, as they actively participate in disaster relief efforts, providing support to families affected by various calamities. Their 2022 accomplishments, detailed in the attached PDF document, underscore their commitment to making a difference in the lives of those in need.
Official website here: www.180disasterrelief.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Provision Group Inc has received a two-star rating from Charity Navigator, indicating significant areas for improvement. The overall score of 65% is heavily based on a single beacon score, which raises concerns about the organization's financial health and governance. Notably, the charity lacks independent board members, which could impact its accountability and transparency.
Several organizational strengths include a high program expense ratio of 98.64%, demonstrating a commitment to applying funds directly towards its mission. Additionally, the charity has shown no material diversion of assets, reflecting sound management practices in that regard. However, the absence of financial statements, a conflict of interest policy, and other governance documents indicates weaknesses in transparency and oversight.
Moreover, the charity's fundraising efficiency ratio is particularly low at $0.00, suggesting challenges in generating revenue. The working capital ratio of 0.18 years also raises concerns about the organization's financial stability and ability to sustain operations in the short term. Overall, while there are commendable aspects to The Provision Group Inc's operations, significant improvements in governance and financial practices are necessary for better performance and trust.
This AI summary has been generated from information found on Charity Navigator.
Is The Provision Group Inc legitimate?
The Provision Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Provision Group Inc 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: $170,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,804
For more financial information, click here
Official website here: www.180disasterrelief.com
What is the mission statement of The Provision Group Inc?
The Provision Group Inc, in its mission, assists families in need by providing essentials such as food, supplies, and toys. Additionally, the organization responds to disasters across America, helping families restore their homes and replenish lost items by distributing necessary goods and supplies. Their efforts are not limited to these actions; they also extend assistance during disaster situations.
Official website here: www.180disasterrelief.com
What is the revenue of The Provision Group Inc?
The Provision Group Inc's revenue in 2023 was $5,064,430.
Official website here: www.180disasterrelief.com
Who are the executives of The Provision Group Inc and what are their salaries?
The average compensation at The Provision Group Inc during 2023 was $42,981. There are 8 employees and 500 volunteers at The Provision Group Inc.
Here are 3 key members and their salaries:
- Compensation: $78,263
- Related: $0
- Other: $41,780
- Compensation: $50,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.180disasterrelief.com
Where can I find the form 990 for The Provision Group Inc?
The Provision Group Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.180disasterrelief.com
Learn more at the official website: www.180disasterrelief.com
Mission Statement of The Provision Group Inc
The Provision Group Inc, a nonprofit organization, is dedicated to assisting families in need. Their mission is twofold: firstly, they provide essential items such as food, supplies, and toys to families who are struggling. Secondly, in response to disasters across the nation, The Provision Group Inc steps in to help families restore their physical homes and replenish all that was lost by distributing necessary goods and supplies. In times of crisis, this organization plays a crucial role in rebuilding communities and supporting families as they navigate through challenging circumstances.
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Impact
July, 2024
The Provision Group Inc has a direct impact on families in need by providing essential items such as food, supplies, and toys. Additionally, they respond to disasters across America, helping families restore their physical homes and replenish what was lost by distributing goods and supplies. This organization's work contributes to the well-being and recovery of individuals and families facing difficult circumstances.
This information is meant to be a general summary of The Provision Group Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $17,245
- Gross Receipts: $5,064,430
Assets and Liabilities:
- Total Assets: $769,086
- Total Liabilities: $0
- Net Assets: $769,086
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Organization Details
Founding Year
1993
Principal Officer
Terry Henshaw
Website
www.180disasterrelief.comNTEE Category
Code: X21Z - Religion related
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