Public Charity

Proverbs 226

Proverbs 226 is a Public Charity headquartered in Concord, NC. Financial data from the 2024 filing: $40.5M revenue, $632K expenses, $39.9M total assets. 18 publicly reported grants to this organization, totaling roughly $479K, appear in IRS filings.

EIN: 454417763 Concord, NC Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2024
Total Revenue$40.5M
Total Expenses$632K
Total Assets$39.9M
Grant Records18
Funding Total$479K
Filing Years2020–2024

Mission

Proverbs226 is an evidence-based non-profit committed to healing families affected by parental incarceration. We are breaking the cycle of generational incarceration and awakening the potential within each child by empowering them to pursue a sustainable career.

Where $100 goes at Proverbs 226

How Proverbs 226 divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$82 Programs the work itself
$17 Management running the organization
$1 Fundraising raising the next dollar

Inside the $82 for programs

$80
Prison Initiative
98% of program spending
$2
Kids 2 Careers
2% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

President Cyril Prabhu
Secretary/Treasurer Daniel Michiels
Director of Technology and Infrastructure David Anthony
Director of Corporate Relations Jim Nash
Director of Fundraising Josiah Goins
Director of College Onboarding and Scholarships Phyllis Finch

Officer compensation and complete director data available with membership.

Top Grant Purposes

Youth Development
$201,000 1 grant
General Support
$175,186 10 grants
Education
$25,000 1 grant
Unspecified
$78,200 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $40.5M $632K $39.9M
2023 $273K $231K $54K
2022 $224K $237K $60K
2021 $215K $195K $26K
2020 $209K $215K $12K

Between 2020 and 2024, reported annual revenue grew from $209K to $40.5M (+19242%), with total assets most recently reported at $39.9M.

Interactive year-over-year charts and full filing details available with membership.

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