PLATINUM2023

PRESBYTERIAN SOCIAL MINISTRIES INC

Connecting those who have with those who need.

aka PSMJax   |   Jacksonville, FL   |  www.PSMJax.org
GuideStar Charity Check

PRESBYTERIAN SOCIAL MINISTRIES INC

EIN: 56-2447159


Mission

PSMJax is a leading partner in efforts to end homelessness and operates as the community distributor of clothing by building a community where everyone has the access to the essential goods and resources they need. setting. We are the connector: From those who have to those who need.

Ruling year info

2004

Chief Executive Officer

Teri Ketchum

Main address

4115 Post St

Jacksonville, FL 32205 USA

Show more contact info

EIN

56-2447159

Subject area info

Nonprofits

Human services

Housing services

Population served info

Adults

Homeless people

Low-income people

NTEE code info

Other Housing Support Services (L80)

Voluntarism Promotion (T40)

What we aim to solve

SOURCE: Self-reported by organization

PSMJax operates two major programs that support our mission to connect those who have with those who need: CLOTHING WITH PURPOSE supplies brand new and high-quality used clothing and household goods to over 50 community agencies that redistribute the items for free to families in need. Together with our community partners, Clothing with Purpose supplies clothing to areas of Jacksonville where it is needed most, helping overcome the barriers of geography that can prevent access. HOME SAFE connects chronically homeless households with permanent stable housing and support services. This HUD-funded program follows a Housing First model that prioritizes housing as a necessary first step before individuals can successfully address health, employment, and other challenges. Case managers provide support that is guided by the unique culture, needs, desires, and challenges of each individual served.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Home Safe

Permanent Supportive Housing

Population(s) Served
Homeless people

Permanent Supportive Housing

Population(s) Served
Homeless people

Distributing clothing to agencies who then give to individuals and families in need free of charge.

Population(s) Served
Adults
Children and youth
Ethnic and racial groups
Social and economic status
Work status and occupations

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of people no longer living in unsafe or substandard housing as a result of the nonprofit's efforts

This metric is no longer tracked.
Totals By Year
Related Program

Home Safe

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Number of service recipients who are employed

This metric is no longer tracked.
Totals By Year
Related Program

Home Safe

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Number of homeless participants engaged in housing services

This metric is no longer tracked.
Totals By Year
Related Program

Home Safe

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Number of independent organizations served

This metric is no longer tracked.
Totals By Year
Related Program

Clothing with Purpose

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of corporate volunteers

This metric is no longer tracked.
Totals By Year
Related Program

Clothing with Purpose

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of donations made by board members

This metric is no longer tracked.
Totals By Year
Related Program

Clothing with Purpose

Type of Metric

Input - describing resources we use

Direction of Success

Holding steady

Number of organizational partners

This metric is no longer tracked.
Totals By Year
Related Program

Clothing with Purpose

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Assist and empower our housing individuals to remain sober and continue a life of independence.

Create more partnerships and local collaborations to obtain more clothing items for distribution.

Continue managing the HUD grant to high standards that ensures the success of the housing program.

Continuing to create relationships with more manufacturers to obtain even more donated clothing items.

We have increased staff in order to maintain a high level of program success. We moved to a new location that provides more space to conduct and maintain the growing programs.

The clothing program has expanded to distribute over 10K plus items a month. The residents in the housing program have remained stably housed successfully at a higher rate. The mission program has seen an increase in participants staying in the dorms and performing community service projects in our city; primarily rebuilds happening due to Hurricane Irma damage.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback, We don’t have the right technology to collect and aggregate feedback efficiently, It is difficult to find the ongoing funding to support feedback collection, Staff find it hard to prioritize feedback collection and review due to lack of time

Financials

PRESBYTERIAN SOCIAL MINISTRIES INC
Fiscal year: Jan 01 - Dec 31
Financial documents
2021 PSMJax Audit 2021 2020 PSMJax Audit 2020
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

181.69

Average of 29.27 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

2.4

Average of 1.7 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

35%

Average of 40% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

PRESBYTERIAN SOCIAL MINISTRIES INC

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

PRESBYTERIAN SOCIAL MINISTRIES INC

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

PRESBYTERIAN SOCIAL MINISTRIES INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of PRESBYTERIAN SOCIAL MINISTRIES INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$10,548 $5,431 $57,433 $49,159 $34,157
As % of expenses -1.1% 0.6% 7.2% 6.1% 4.0%
Unrestricted surplus (deficit) after depreciation -$51,832 -$36,076 $15,826 $6,846 -$12,149
As % of expenses -5.2% -4.1% 1.9% 0.8% -1.4%
Revenue composition info
Total revenue (unrestricted & restricted) $918,181 $826,397 $840,815 $883,177 $871,650
Total revenue, % change over prior year -7.4% -10.0% 1.7% 5.0% -1.3%
Program services revenue 11.4% 13.8% 8.4% 10.6% 9.9%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 71.4% 71.4% 70.6% 68.1% 72.4%
All other grants and contributions 17.2% 14.8% 21.0% 21.3% 17.6%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $958,584 $835,966 $798,382 $800,518 $850,993
Total expenses, % change over prior year 17.4% -12.8% -4.5% 0.3% 6.3%
Personnel 34.2% 33.8% 33.5% 32.2% 33.5%
Professional fees 0.7% 0.9% 1.0% 2.8% 0.9%
Occupancy 59.4% 59.7% 59.6% 61.8% 62.7%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 5.8% 5.6% 5.9% 3.3% 2.8%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $999,868 $877,473 $839,989 $842,831 $897,299
One month of savings $79,882 $69,664 $66,532 $66,710 $70,916
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $47,949
Total full costs (estimated) $1,079,750 $947,137 $906,521 $909,541 $1,016,164

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 1.4 1.2 1.9 2.9 2.4
Months of cash and investments 1.4 1.2 1.9 2.9 2.4
Months of estimated liquid unrestricted net assets 0.8 1.0 1.9 2.5 2.2
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $113,362 $81,994 $123,428 $195,530 $171,331
Investments $0 $0 $0 $0 $0
Receivables $11,966 $10,060 $11,411 $11,736 $0
Gross land, buildings, equipment (LBE) $445,101 $446,601 $446,601 $454,300 $501,149
Accumulated depreciation (as a % of LBE) 25.6% 34.8% 44.2% 0.0% 56.8%
Liabilities (as a % of assets) 8.8% 1.7% 1.8% 1.0% 0.2%
Unrestricted net assets $397,570 $361,494 $377,320 $384,166 $372,017
Temporarily restricted net assets $30,000 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $30,000 $15,000 $0 $0 $20,000
Total net assets $427,570 $376,494 $377,320 $417,666 $392,017

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No Yes No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Chief Executive Officer

Teri Ketchum

Teri Ketchum is currently the Chief Executive Officer for Presbyterian Social Ministries. Teri holds a dual Master’s degree from Webster University in Management and Leadership and Human Resources Development. Teri’s work has always been within the underserved communities, lending them a voice and empowering them to be better versions of themselves. Teri leverages extensive nonprofit experience working with diverse communities for economic and cultural advancement through partnerships and collaborative achievements. Teri was born and raised in Michigan, relocated to Florida in 1990 and has been in Jacksonville since 1998. Teri’s leisure activities include travel, the beaches, shopping, and if you know her - living PINK.

Number of employees

Source: IRS Form 990

PRESBYTERIAN SOCIAL MINISTRIES INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

PRESBYTERIAN SOCIAL MINISTRIES INC

Board of directors
as of 10/19/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Theresa Tippins

Don Downing

Teri Ketchum

CEO

Kevin Tuck

banker

Paul Bell

Fund Development

Denise Judd

Technology

Tamir Taylor

Finances

Theresa Tippins

Nonprofit

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 10/19/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American
Gender identity
Female
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 11/03/2019

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
Policies and processes
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.