Civic Intelligence

Provident Inc.

990 • Fiscal year 2021 • EIN 43-0652630

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

2650 Olive StreetSt Louis, MO 63103

(314) 371-6500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.35x

Higher debt load relative to assets than 72% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

72nd percentile

0.46x

Higher debt load relative to revenue than 72% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

46th percentile

11%

Higher net margin than 46% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

85th percentile

$252,866

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

40th percentile

5.7%

Faster asset growth than 40% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

67th percentile

27%

Faster revenue growth than 67% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$9,333,474

Up $507,219 (+5.7%) from 2020

Net Assets

Up

$6,101,120

Up $1,601,472 (+36%) from 2020

Liabilities

Down

$3,232,354

Down $1,094,253 (-25%) from 2020

Revenue

Up

$7,000,573

Up $1,495,806 (+27%) from 2020

Expenses

Up

$6,252,682

Up $1,069,358 (+21%) from 2020

Net Income

Up

$747,891

Up $426,448 (+133%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $8,577,547Liabilities 2010: $2,821,948Net Assets 2010: $5,755,5992010Assets 2011: $7,767,164Liabilities 2011: $4,062,240Net Assets 2011: $3,704,9242011Assets 2012: $7,050,411Liabilities 2012: $3,322,398Net Assets 2012: $3,728,0132012Assets 2013: $6,927,678Liabilities 2013: $2,036,397Net Assets 2013: $4,891,2812013Assets 2014: $6,473,342Liabilities 2014: $2,359,722Net Assets 2014: $4,113,6202014Assets 2015: $6,216,165Liabilities 2015: $2,720,154Net Assets 2015: $3,496,0112015Assets 2016: $6,445,422Liabilities 2016: $3,469,308Net Assets 2016: $2,976,1142016Assets 2017: $7,621,750Liabilities 2017: $3,585,925Net Assets 2017: $4,035,8252017Assets 2018: $7,242,620Liabilities 2018: $3,782,906Net Assets 2018: $3,459,7142018Assets 2019: $8,013,614Liabilities 2019: $3,471,470Net Assets 2019: $4,542,1442019Assets 2020: $8,826,255Liabilities 2020: $4,326,607Net Assets 2020: $4,499,6482020Assets 2021: $9,333,474Liabilities 2021: $3,232,354Net Assets 2021: $6,101,1202021Assets 2022: $7,716,451Liabilities 2022: $1,473,173Net Assets 2022: $6,243,2782022Assets 2023: $9,558,106Liabilities 2023: $1,447,305Net Assets 2023: $8,110,8012023Assets 2024: $8,962,515Liabilities 2024: $1,131,076Net Assets 2024: $7,831,4392024

Highlighted filing

2021

Assets$9,333,474
Liabilities$3,232,354
Net Assets$6,101,120

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2010: $5,573,296Expenses 2010: $5,497,126Net Income 2010: $76,1702010Expenses 2011: $4,822,3362011Expenses 2012: $5,416,4012012Revenue 2013: $4,199,087Expenses 2013: $4,834,611Net Income 2013: -$635,5242013Revenue 2014: $5,168,898Expenses 2014: $4,465,110Net Income 2014: $703,7882014Revenue 2015: $4,809,201Expenses 2015: $4,817,469Net Income 2015: -$8,2682015Revenue 2016: $4,817,549Expenses 2016: $5,012,069Net Income 2016: -$194,5202016Revenue 2017: $4,900,367Expenses 2017: $4,929,544Net Income 2017: -$29,1772017Revenue 2018: $5,139,167Expenses 2018: $4,889,357Net Income 2018: $249,8102018Revenue 2019: $5,386,066Expenses 2019: $4,769,867Net Income 2019: $616,1992019Revenue 2020: $5,504,767Expenses 2020: $5,183,324Net Income 2020: $321,4432020Revenue 2021: $7,000,573Expenses 2021: $6,252,682Net Income 2021: $747,8912021Revenue 2022: $7,767,536Expenses 2022: $11,255,435Net Income 2022: -$3,487,8992022Revenue 2023: $10,195,070Expenses 2023: $8,608,596Net Income 2023: $1,586,4742023Revenue 2024: $7,623,157Expenses 2024: $8,053,990Net Income 2024: -$430,8332024

Highlighted filing

2021

Revenue$7,000,573
Expenses$6,252,682
Net Income$747,891
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$7,742,698
Mission and Program Overview

Mission

Helping individuals and families to a brighter future through counseling, crisis intervention and community support programs.

Building brighter futures through exceptional behavioral health services, especially for those with the greatest need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,388,015$3,328,550▲ $940,535
Land, Buildings, and Equipment, Net$1,696,863$1,640,460▼ $56,403
Pledges and Grants Receivable$1,488,341$1,636,534▲ $148,193
Cash and Non-Interest-Bearing Accounts$1,658,202$712,879▼ $945,323
Accounts Receivable$380,918$551,118▲ $170,200
Prepaid Expenses and Deferred Charges$80,772$116,370▲ $35,598
Savings and Temporary Cash Investments$0$85,128▲ $85,128
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$8,826,255$9,333,474▲ $507,219
Other Assets Total$1,133,144$1,262,435▲ $129,291
Liabilities
Other Liabilities$2,296,039$2,101,194▼ $194,845
Mortgage Notes Payable Secured by Investment Property$1,065,434$742,504▼ $322,930
Accounts Payable and Accrued Expenses$263,284$252,926▼ $10,358
Deferred Revenue$701,850$135,730▼ $566,120
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$4,326,607$3,232,354▼ $1,094,253
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,902,297$3,272,201▲ $369,904
Net Assets Without Donor Restrictions$1,597,351$2,828,919▲ $1,231,568
Total Net Assets Fund Balance$4,499,648$6,101,120▲ $1,601,472
Total Liabilities and Net Assets / Fund Balance$8,826,255$9,333,474▲ $507,219

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,381,146$1,031,945$2,413,090
Equipment$166,732$379,971$546,703
Land$88,667-$88,667
Leasehold Improvements$3,915$6,138$10,053
Other Assets Org$1,262,435--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$2,388,015$714,284▲ $268,573$34,622$3,328,550
2020$2,461,870$37,997▲ $237,717$342,000$2,388,015
2019$2,287,019$36,579▲ $408,941$259,921$2,461,870
2018$2,536,957$39,424▼ $168,627$114,071$2,287,019
2017$2,470,286$21,194▲ $384,217$332,262$2,536,957
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin DrollingerPresident and Executive DirectFT$217,117$35,749$252,866
Stephanie FrenchDirector of FinanceFT$125,147$26,042$151,189
Courtney WallPsychiatric Nurse PractitiioneFT$123,624$1,095$124,719
Bailey WahlquistDirector, Strategic Planning &FT$107,698$16,622$124,320
Stacy JohnsonPsychiatric Nurse PractitiioneFT$108,310$12,988$121,298
Julie McdowellDirector of AdvancementFT$119,086$1,928$121,014
Alicia BarnesDirector-$11,079-$11,079

Board Members and Trustees

NameTitle
Edward LawlorChair
Jack LayImmediate Past Chair
Aaron StewartDirector
Adam FournieDirector
Bob SandersDirector
Charlie WiegersDirector
Denise BenteleDirector
Gerald EarlyDirector
Henry WebberDirector
Ida EarlyDirector
John ButlerDirector
John Elser IiDirector
Karen FriedmanDirector
Kelly DolanDirector
Lawrence ThomasDirector
Michael GirschDirector
Nannette BakerDirector
Peter AmbroseDirector
Risa ZwerlingDirector
Robert WagnerDirector
Sanford ScottDirector
Tom AckermanDirector
Robert Fruend JrSecretary
Ted WilliamsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,166,962
Program Service Revenue
$1,777,434
Investment Income
$116,978
Other Revenue
$-60,801
All Other Contributions
$1,262,347
Change in Net Assets
$747,891

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$70,309Market Value
Other Non Cash Contri Table4$170Fair Market Value (FMV)
Total Noncash Contributions7$70,479-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,992,873
Revenue Not Reported on Financial Statements
$7,700
Revenue Not Reported on Form 990
$1,078,498
Total Revenue per Audited Statements
$8,071,371
Total Revenue per Form 990
$7,000,573
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,041,503
Other Expenses$1,211,179
Total Fundraising Expense$378,809
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,102,594$279,009$272,057$3,653,660
Current Officers, Directors, Trustees, and Key Employees$125,703$257,822$31,608$415,133
Pension Plan Contributions$301,220$92,120$5,989$399,329
Occupancy$301,289$54,408-$355,697
Payroll Taxes$239,500$32,240$22,213$293,953
Other Employee Benefits$229,891$26,889$22,648$279,428
Fees for Services Other$115,140$112,345$8,859$236,344
Office Expenses$151,310$53,051$4,719$209,080
Information Technology$121,872$15,463$5,731$143,066
Depreciation Depletion$87,808$34,147-$121,955
Fees for Services Accounting-$55,689-$55,689
Insurance$25,105$7,211-$32,316
Advertising$18,100$10,044$4,012$32,156
Travel$8,197$918$458$9,573
Fees for Service Investment Mgmnt Fees-$7,700-$7,700
Fees for Services Legal-$5,260-$5,260
Conferences and Meetings$1,470$358$515$2,343
Total Functional Expenses$4,829,199$1,044,674$378,809$6,252,682

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,469,899
Total Expenses per Form 990$6,252,682
Expenses per Audited Statements$6,244,982
Expenses Not Reported on Form 990$224,917
Expenses Not Reported on Financial Statements$7,700
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$78,501
Fundraising Gross Income$17,700
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$260,000$17,700$52,778$-35,078
Trivia$13,820-$284-
Total Events$273,820$17,700$78,500$-60,800
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Kathleen SchlemmerFamily Member of OfficerGross WagesNo$50,790

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Pension Liabilty$2,101,194
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Gerald and ida early have a family relationship

Form 990, Part VI, Section B, Line 11B

The return is reviewed in detail by the finance director and the finance committee before being presented to the members of the board for final approval.

Form 990, Part VI, Section B, Line 12C

Officers, directors, and key employees are required to disclose potential conflicts of interest to the board chair annually, including board memberships on, substantial financial interests in, or employment of the officer, director or key employee or a relative of the officer, director or key employee by any organization doing business with the agency. The chair determines whether unacceptable conflicts exist and arranges with the officer, director or key employee to cease any inappropriate activity. Unsettled matters are reported to the board for appropriate action.

Form 990, Part VI, Section B, Line 15A

Provident, inc. Uses data from an independent compensation review performed by aaim in june 2016, adjusted for inflation, and compares its rate of pay with other similar organizations. The board of directors sets the salary for the executive director and monitors and evaluates performance annually. For other officers and key employees, provident bases annual compensation increases on overall performance of key metrics, which are assigned a numerical average which then dictates the suggested amount of adjustment for a given position. Salary adjustments are reviewed by the human resources department and approved by the executive director and director of finance jointly.

Form 990, Part VI, Section C, Line 19

Audited financial statements are available on our website. Governing documents and the conflict of interest policy are available upon written request.

Filing and Contact Details

Filer

Filer Name
Provident Inc
EIN
43-0652630
In Care Of
% STEPHANIE FRENCH
Phone
3143716500
Address
2650 OLIVE STREET, ST LOUIS, MO 63103
Doing Business As
Provident Behavioral Health

Signing Officer

Name
Stephanie French
Title
Director, Finance &
Phone
3148022630
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Drollinger
Formed
1860
Legal Domicile
Mo
Voting Board Members
25
Independent Board Members
24
Employees
175
Volunteers
68

Preparer

Firm
Forvis Llp
Address
211 N BROADWAY SUITE 600, ST LOUIS, MO 63102-2733
Preparer
Troy A Lindsey
Phone
3142315544
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2 and 4D

Provident's psychiatric services adds psychiatric evaluation and medication management to the agency's service menu. The objective of provident's psychiatric services program is to provide accessible psychiatric services to youth, adults, and older adults in the st. Louis community, coordinating services with provident's counseling services in order to provide the most effective course of treatment for clients. Services are provided by board-certified psychiatric mental health nurse practitioners (pmhnp) who are practicing with oversight from contracted collaborating psychiatrists, as required by missouri's nursing scope of practice standards. The psychiatric services program is accredited by the joint commission. Outpatient psychiatric evaluation and medication management are available at provident's st. Louis city and south county offices. In 2020, the program grew from one to two pmhnps and expanded from serving only adults to also serving youth. Additionally, services were offered via telemental health (video conferencing) starting in march 2020, further expanding access to care and providing a safe way of receiving care during the covid-19 pandemic. A sliding fee scale based on income level and household size is available to make psychiatric services affordable to clients who are uninsured and underinsured. Various insurances are also accepted. Funding from st. Louis county's children service fund (csf) allows provident to provide care to st. Louis county youth, ages 19 and under, for no out of pocket costs. In 2021, 844 clients received psychiatric services.

Form 990, Part XI, Line 9

Other changes in net assets or fund balance change in beneficial interest in trusts $129,291 pension related changes other than periodic pension cost $572,567 --------- total $701,858

Financial Statement Notes

Schedule D, Part XI, Line 2D

Other revenue included on return but not on books special events $78,501 change in beneficial interest in trusts $129,291 pension related changes other than periodic pension cost $572,567 --------- total $780,359

Schedule D, Part XII, Line 2D

Other expenses included on books but not on return. Special events $78,501

Schedule D, Part V, Line 4

Use of endowment funds provident's endowment consists of funds established for the purpose of funding the organization's operations and future sustainability. Provident is also named as an irrevocable beneficiary of a perpetual trust held and administered by an independent trustee. The perpetual trust provides for the distribution of the net income of the trust but provident will never receive the assets of the trust.

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IRS990/Desc0PROVIDENT BEHAVIORAL HEALTH'S COUNSELING DEPARTMENT IS ACCREDITED BY THE JOINT COMMISSION. THIS DEPARTMENT PROVIDES A VARIETY OF SPECIALIZED MENTAL HEALTH COUNSELING SERVICES TO THE ST. LOUIS METROPOLITAN AREA. COUNSELING, AS WELL AS OTHER PROVIDENT PROGRAMMING, FOCUSES ON SERVING THE UNDERSERVED. SPECIFICALLY, WE AIM TO HELP YOUTH, ADULTS, AND OLDER ADULTS AT RISK OF OR EXPERIENCING MENTAL HEALTH ISSUES OR AT RISK OF SUICIDE; INDIVIDUALS WITH CHALLENGES ACCESSING MENTAL HEALTH SERVICES, FOR REASONS SUCH AS GEOGRAPHICAL LOCATION, TRANSPORTATION, STIGMA, INEQUITY, AND LIMITED MENTAL HEALTH RESOURCES; AND/OR INDIVIDUALS WITH FINANCIAL BARRIERS, INCLUDING INABILITY TO AFFORD MENTAL HEALTH SERVICES DUE TO LIMITED FINANCIAL RESOURCES OR INSUFFICIENT INSURANCE. THROUGHOUT 2021, THE COUNSELING DEPARTMENT OFFERED ACCESS TO TELEMENTAL HEALTH EQUIPMENT ON-SITE AT PROVIDENT SO THAT CLIENTS COULD ACCESS SERVICES WITH THEIR TREATMENT TEAM, REGARDLES OF THE PHYSICAL LOCATION OF THEIR THERAPIST OR PSYCHIATRIC PROVIDER. IN 2021, COUNSELING SERVICES WERE AVAILABLE TO INDIVIDUALS AGED 2 AND OLDER IN OUR THREE METROPOLITAN ST. LOUIS LOCATIONS IN ST. LOUIS CITY, NORTHWEST ST. LOUIS COUNTY, AND SOUTH ST. LOUIS COUNTY. PROVIDENT ALSO PROVIDED COUNSELING SERVICES IN 15 COMMUNITY BASED LOCATIONS SUCH AS SCHOOLS AND HEALTH DEPARTMENTS. OUR CLINICIANS PRACTICE EVIDENCE-BASED TREATMENT, BEGINNING WITH A THOROUGH PSYCHOSOCIAL ASSESSMENT THAT IDENTIFIES PROBLEMS AND HISTORICAL CAUSES OF MENTAL HEALTH ISSUES SUCH AS FAMILY DYNAMICS AND COMMUNITY EXPOSURE TO VIOLENCE AND ABUSE. AN INDIVIDUALIZED, CLIENT-CENTERED, STRENGTH-BASED TREATMENT PLAN IS DEVELOPED WITH THE CLIENT, TARGETING THE GOALS THEY WOULD LIKE TO ACHIEVE. CLIENTS ARE THEN ENGAGED IN INTERVENTION STRATEGIES AIMED AT REDUCING THEIR SYMPTOMS AND IMPROVING THEIR OVERALL FUNCTIONING. OUTCOME MEASUREMENT TOOLS ARE ADMINISTERED AT THE START OF TREATMENT AND AT LEAST QUARTERLY TO MONITOR FOR IMPROVEMENT OR RESURGENCE OF SYMPTOMS. TREATMENT STRATEGIES CAN BE MODIFIED AS NEEDED TOWARD SUCCESSFUL COMPLETION OF TREATEMENT. IN 2021, PROVIDENT PROVIDED COUNSELING SERVICES TO 1,567 CLIENTS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT AND EXECUTIVE DIRECT
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.96$1.13$7.83$7.62$8.05$0.43
2023Summary only. Only limited summary data is available for this year.$9.56$1.45$8.11$10.2$8.61$1.59
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.72$1.47$6.24$7.77$11.3$3.49
2021Detailed filing. Detailed filing data is available for this year.$9.33$3.23$6.10$7.00$6.25$0.75
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.83$4.33$4.50$5.50$5.18$0.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.01$3.47$4.54$5.39$4.77$0.62
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.24$3.78$3.46$5.14$4.89$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.62$3.59$4.04$4.90$4.93$0.03
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$3.47$2.98$4.82$5.01$0.19
2015Detailed filing. Detailed filing data is available for this year.$6.22$2.72$3.50$4.81$4.82$0.01
2014Detailed filing. Detailed filing data is available for this year.$6.47$2.36$4.11$5.17$4.47$0.70
2013Detailed filing. Detailed filing data is available for this year.$6.93$2.04$4.89$4.20$4.83$0.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.05$3.32$3.73$5.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.77$4.06$3.70$4.82
2010Summary only. Only limited summary data is available for this year.$8.58$2.82$5.76$5.57$5.50$0.08