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Nonprofit · EIN 56-1989197

PROVERBS 31 MINISTRY INC

Tax-exempt · MATTHEWS, NC 28105

Financials

$8.2M$7.6M2023$7.2M$7.8M2024$5.1M$5.6M2025
Revenue Expenses · by fiscal year end
Financials of PROVERBS 31 MINISTRY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$5,127,239$5,616,464-$489,225$12,659,815$3,340,480$9,319,335
December 31, 2024990$7,179,889$7,755,706-$575,817$13,113,257$3,501,665$9,611,592
December 31, 2023990$8,235,225$7,599,254$635,971$13,620,570$3,722,132$9,898,438
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$3,467,267
Program service revenue
$1,334,829
Investment income
$128,982
Net gain from sales of assets
$250
Net income from sales of inventory
$196,161
Other revenue
$196,161

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$459,926
Other salaries and wages
$2,774,279
Salaries, compensation and benefits (total)
$3,918,530
Professional fundraising fees
$0
Legal fees
$22,052
Accounting fees
$41,589
Travel
$27,514
Depreciation
$165,368
Program services (functional)
$4,454,947
Management and general (functional)
$777,175
Fundraising (functional)
$384,342

Balance sheet and other

Total assets, start of year
$13,113,257
Total assets, end of year
$12,659,815
Total liabilities, end of year
$3,340,480
Net assets, end of year
$9,319,335
Land, buildings and equipment
$5,727,731
Publicly traded securities
$4,763,814
Net assets without donor restrictions
$9,319,335
Gross receipts
$5,786,890
Employees
0
Volunteers
134
Year formed
1996
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
STEVE BROWNBOARD CHAIR
Trustee or director
1$0
AMY KINGDIRECTOR
Trustee or director
1$0
DERWIN GRAYDIRECTOR
Trustee or director
0$0
ADINA MARCHESCHI BOYERDIRECTOR
Trustee or director
0$0
JOHN PUTNAMDIRECTOR
Trustee or director
0$0
AMY NIKKELDIRECTOR
Trustee or director
0$0
MONTY STEPURADIRECTOR
Trustee or director
0$0
LYSA TERKEURSTPRESIDENT/CHIEF VISIONARY OFFICER
Officer
30$0
MEREDITH BROCKCEO/SECRETARY
Officer
40$0
BARB SPENCEREXECUTIVE DIRECTOR/TREASURER
Officer
40$0
990 for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
LYSA TERKEURSTPRESIDENT AND CHIEF VISIONARY OFFICER
Officer
30$127,939$256,648
MEREDITH BROCKCHIEF EXECUTIVE OFFICER AND SECRETARY
Officer
40$164,409$38,101
BARB SPENCEREXECUTIVE DIRECTOR AND TREASURER
Officer
40$127,785$28,025
CONTESSA SIEGNERSR DIRECTOR OF IT AND OPERATIONS
Highest-paid employee
32$116,379$21,189
MELISSA TAYLORSR DIRECTOR OF MINISTRY EXPERIENCE
Highest-paid employee
40$102,782$24,081
JANICE LAWRENCECONTROLLER
Highest-paid employee
40$108,119$17,725
GLYNNIS WHITWEREXECUTIVE DIRECTOR OF MINISTRY CONTENT
Highest-paid employee
36$109,860$15,715
CHRIS GRACEIT DIRECTOR
Highest-paid employee
40$109,917$13,838
STEVE BROWNBOARD CHAIR
Trustee or director, Officer
1$0$0
AMY KINGDIRECTOR
Trustee or director
1$0$0
DERWIN GRAYDIRECTOR
Trustee or director
0$0$0
ADINA MARCHESCHI BOYERDIRECTOR
Trustee or director
0$0$0
JOHN PUTNAMDIRECTOR
Trustee or director
0$0$0
AMY NIKKELDIRECTOR
Trustee or director
0$0$0
MONTY STEPURADIRECTOR
Trustee or director
0$0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
LYSA TERKEURSTPRESIDENT AND CHIEF VISIONARY OFFICER
Trustee or director, Officer, Key employee
25$110,647$247,374
MEREDITH BROCKCHIEF EXECUTIVE OFFICER AND SECRETARY
Officer, Key employee
40$161,824$39,853
BARB SPENCEREXECUTIVE DIRECTOR AND TREASURER
Officer, Key employee
40$114,002$25,639
CONTESSA SIEGNERSR. DIRECTOR OF IT AND OPERATIONS
Highest-paid employee
32$111,151$15,059
GLYNNIS WHITWEREXECUTIVE DIRECTOR OF MINISTRY CONTENT
Highest-paid employee
36$106,929$16,507
JANICE LAWRENCECONTROLLER
Highest-paid employee
40$103,296$17,912
ALEXIS SHYDIRECTOR OF HUMAN RESOURCES
Highest-paid employee
40$101,822$19,066
CHRIS GRACEIT DIRECTOR
Highest-paid employee
40$101,616$14,193
DERWIN GRAYDIRECTOR
Trustee or director
0$0$0
ADINA BOYERDIRECTOR
Trustee or director
0$0$0
JOHN PUTNAMDIRECTOR
Trustee or director
0$0$0
MONTY STEPURADIRECTOR
Trustee or director
0$0$0
STEVE BROWNBOARD CHAIR
Trustee or director, Officer
1$0$0
AMY KINGDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
720 PARK CENTER DR, MATTHEWS, NC 28105-5012
In care of
% LYSA TERKEURST
Principal officer (990 for 2025)
BARB SPENCER, 720 PARK CENTER DRIVE, MATTHEWS, NC 28105
Signed the 990
BARB SPENCER, TREASURER
Phone
(704) 849-2270
Return prepared by
BERNARD ROBINSON & COMPANY LLP

Mission

PROVERBS 31 MINISTRIES HAS SPENT THE LAST 30 YEARS BUILDING A MINISTRY WHERE WOMEN (AND MEN) CAN FIND SOLID BIBLICAL TRUTH. WE BELIEVE THAT WHEN WE KNOW THE TRUTH AND LIVE THE TRUTH, IT CHANGES EVERYTHING - OUR HEARTS, OUR FAMILIES AND OUR COMMUNITIES.

990 for the year ended September 30, 2025

Program accomplishments

  • THE ORGANIZATION WORKS TO ERADICATE BIBLICAL POVERTY BY CONFIDENTLY CONNECTING THE QUESTIONS AND PROBLEMS WOMEN ARE FACING WITH ANSWERS IN GOD'S WORD. CHRIST-CENTERED ENCOURAGEMENT AND ANSWERS ARE OFFERED THROUGH DAILY DEVOTIONS, PODCASTS, THE FIRST 5 APP, SOCIAL MEDIA AND MORE.
    Expenses $3,886,950 · revenue $522,410
  • THE ORGANIZATION PROVIDES BIBLICALLY-BASED TRAINING DESIGNED TO EQUIP AND INSPIRE WOMEN IN THE CALL TO WRITE, SPEAK AND LEAD OTHERS.
    Expenses $567,997 · revenue $812,419
  • THE ORGANIZATION PROVIDES SOLID BIBLICAL PERSPECTIVES AND RICH ENCOURAGEMENT THROUGH BOOKS, BIBLE STUDIES, DIGITAL RESOURCES, APPAREL AND MORE. GROSS RECEIPTS $855,812 LESS COGS $659,651 = $196,161.
    revenue $196,161

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025Check at the IRS

IRS record

EIN
56-1989197
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1997
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X99)
Assets (IRS master file)
$12,659,815
Income (IRS master file)
$5,786,890

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$5,127,239$5,616,464$12,659,815XML
990December 2024$7,179,889$7,755,706$13,113,257IRS
990December 2023$8,235,225$7,599,254$13,620,570XML
990December 2022$7,018,606$7,196,812$13,247,275IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1989197).

Questions about PROVERBS 31 MINISTRY INC

What is the EIN of PROVERBS 31 MINISTRY INC?
The employer identification number (EIN) of PROVERBS 31 MINISTRY INC is 56-1989197.
Is PROVERBS 31 MINISTRY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to PROVERBS 31 MINISTRY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PROVERBS 31 MINISTRY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PROVERBS 31 MINISTRY INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PROVERBS 31 MINISTRY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of PROVERBS 31 MINISTRY INC?
The 990 for the year ended September 30, 2025 names BARB SPENCER.
Who are the officers and directors of PROVERBS 31 MINISTRY INC?
The 990 for the year ended September 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does PROVERBS 31 MINISTRY INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $5,127,239, expenses of $5,616,464 and total assets of $12,659,815 at year end.

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