Provision Trust Inc

Nonprofit profile at a glance

EIN
272029644
IRS 990 coverage
2019–2025
Forms available
Form 990 2025, Form 990-PF 2013
Location
Knoxville, TN, USA
Phone
8656918141
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Private Independent Foundations

Reported finances

Revenue
$292,196
Expenses
$5,590
Assets
$64,217
Liabilities
$191

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Terry Douglass (President)

People named in this filing

  • Terry Douglass (President)
  • Daryl Heald (Director)
  • David Wills (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provision Trust is a nonprofit corporation organized to carry out the purposes of two public charity organizationsm, namely, National Christian Charitable Foundation, Inc. and Global Generosity, Inc.

What it reported doing in 2025

In furtherance of the missions and visions of NCCF and Global Generosity, Provision Trust engages in two primary operations. First, it is a grant-making entity. Provision Trust utilizes a grant application process whereby applicants provide certain requested information for review by the board of directors. The board considers each grant request and determines, by a majority vote, whether or not to approve a grant. Grants are only made to organizations whose activities are consistent with the mission and values of NCCF and Global Generosity. Provision Trust is currently a member of four nonprofit entities whose focus is on cancer awareness, research and treatment which is consistent with the charitable visions of the supported organizations and Provision Trust. Provision Trust previously provided financial support to these organizations by extending loans for operational liquidity for quality patient care and by leasing certain medical equipment for their operations. Assets of three of these entities were acquired through Chapter 11 filings from Provision Trust. The other entity is in an inactive status.

Operating model

Revenue model
Other-operating. 85% of the money available for current operations came from other operating revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 57
  • Sustainability: 87
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 21st percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 98.1%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 11.49; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: -59.3% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -33.2% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -24.2% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 2 of 3 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 6 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: 23 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.