Interchurch Medical Assistance, Inc. / IMA World Health 
The information on this page was last updated 5/9/2023. If you see errors or omissions, please email: [email protected]
Summary
Health System Strengthening - IMA builds integrated, holistic and sustainable health systems that increase access to quality health care, with an emphasis on vulnerable people.
Partnerships - IMA collaborates with local, national and international partners, especially faith-based networks and organizations, to join and leverage assets, resources, knowledge and voices.
Technical Excellence - IMA designs and implements innovative and effective technical approaches that demonstrate long-term, measurable improvements and impact on individual and community health.
Organizational Health - IMA invests in developing people, partners, continual learning and systems to maximize organizational impact on health care and the systems to sustain those improvements.
Contact information
Mailing address:
Interchurch Medical Assistance, Inc.
1730 M Street NW
Suite 1100
Washington, DC 20036
Website: imaworldhealth.org
Phone: 202-888-6200
Email: [email protected]
Organization details
EIN: 522112460
CEO/President: Daniel Speckhard
Chairman: Jean Hanson
Board size: 15
Founder:
Ruling year: 2019
Tax deductible: Yes
Fiscal year end: 09/30
Member of ECFA: No
Member of ECFA since:
Purpose
Vision: A healthy world forever flourishing in dignity and justice.
IMA believes all people are children of God and thus deserve to lead healthy and productive lives.
The founding members of IMA, Protestant Churches and church-based organizations, chose to be intentionally ecumenical to provide health services and to build healthy communities around the world.
We can do more together than alone; that spirit of joint action remains foundational to IMA today. IMA believes the core ecumenical imperatives are unity and respect for all faiths and traditions.
Mission statement
To build healthier communities by collaborating with key partners to serve vulnerable people.
Statement of faith
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Relief and Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 141 of 1097 | 15 of 84 |
| Fund acquisition rating | | 69 of 1099 | 5 of 84 |
| Resource allocation rating | | 292 of 1099 | 20 of 84 |
| Asset utilization rating | | 492 of 1097 | 43 of 84 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 99% | 97% | 99% | 98% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 1% | 3% | 1% | 2% | 1% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 91% | 100% | 92% | 88% | 91% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 100% | 99% | 94% | 104% | 97% |
Program output ratio Program output ratio = Program services / Total revenue | 80% | 91% | 99% | 86% | 91% | 88% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 0% | 1% | 6% | -4% | 3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 12% | 2% | 4% | 52% | -54% | 39% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 6% | 9% | 0% | 8% | 12% | 8% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.59 | 1.58 | 4.37 | 2.77 | 2.52 | 2.68 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.22 | 2.80 | 1.07 | 1.20 | 1.13 | 1.32 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.98 | 4.43 | 4.68 | 3.33 | 2.84 | 3.54 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.34 | 2.07 | 15.46 | 1.76 | 1.12 | 1.04 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.48 | 0.06 | 0.57 | 0.89 | 0.96 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.64 | 1.40 | 2.40 | 1.56 | 0.46 | 0.14 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 77% | 46% | 64% | 83% | 76% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 8% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 58% | 15% | 12% | 13% | 7% | 9% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $2,938,075 | $8,152,414 | $10,175,139 | $16,324,625 | $11,590,210 |
| Receivables, inventories, prepaids | $9,693,016 | $6,060,247 | $11,393,331 | $10,099,763 | $13,258,420 |
| Short-term investments | $0 | $0 | $1,267,232 | $1,122,033 | $1,050,566 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $12,631,091 | $14,212,661 | $22,835,702 | $27,546,421 | $25,899,196 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $186,341 | $736,741 | $1,012,429 | $868,044 | $947,426 |
| Other long-term assets | $22,600,471 | $271,488 | $3,620,986 | $2,580,999 | $7,389,125 |
| Total long-term assets | $22,786,812 | $1,008,229 | $4,633,415 | $3,449,043 | $8,336,551 |
| Total assets | $35,417,903 | $15,220,890 | $27,469,117 | $30,995,464 | $34,235,747 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $5,074,370 | $382,661 | $5,042,814 | $9,418,752 | $9,452,623 |
| Other current liabilities | $1,039,580 | $536,766 | $7,902,126 | $15,132,604 | $15,368,513 |
| Total current liabilities | $6,113,950 | $919,427 | $12,944,940 | $24,551,356 | $24,821,136 |
| Debt | $0 | $0 | $2,242,969 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $21,149,010 | $6,046,619 | $2,414,640 | $1,289,722 | $1,353,227 |
| Total long-term liabilities | $21,149,010 | $6,046,619 | $4,657,609 | $1,289,722 | $1,353,227 |
| Total liabilities | $27,262,960 | $6,966,046 | $17,602,549 | $25,841,078 | $26,174,363 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $3,097,683 | $6,515,660 | $9,786,244 | $4,791,169 | $7,662,808 |
| With donor restrictions | $5,057,260 | $1,739,184 | $80,324 | $363,217 | $398,576 |
| Net assets | $8,154,943 | $8,254,844 | $9,866,568 | $5,154,386 | $8,061,384 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $55,354,422 | $64,904,985 | $80,291,536 | $73,771,479 | $94,076,487 |
| Program service revenue | $436,088 | $574,663 | $1,209,759 | $1,167,574 | $3,000 |
| Membership dues | $0 | $0 | $0 | $5,000 | $30,000 |
| Investment income | ($54,702) | $31,649 | $42,976 | $48,714 | $51,797 |
| Other revenue | $368,358 | $1,380,005 | ($321,837) | $429,769 | $683,553 |
| Total other revenue | $749,744 | $1,986,317 | $930,898 | $1,651,057 | $768,350 |
| Total revenue | $56,104,166 | $66,891,302 | $81,222,434 | $75,422,536 | $94,844,837 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $50,914,721 | $66,287,935 | $70,236,605 | $68,506,193 | $83,822,881 |
| Management and general | $4,929,329 | $58,867 | $5,733,157 | $9,605,925 | $7,714,832 |
| Fundraising | $100,203 | $187,834 | $107,266 | $102,311 | $141,978 |
| Total expenses | $55,944,253 | $66,534,636 | $76,077,028 | $78,214,429 | $91,679,691 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $159,913 | $356,666 | $5,145,406 | ($2,791,893) | $3,165,146 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $159,913 | $356,666 | $5,145,406 | ($2,791,893) | $3,165,146 |
Compensation
| Name | Title | Compensation |
| Daniel Speckhard | PRESIDENT & CEO | $552,423 |
| JoAnn Theys | SVP Finance & Admin, CFO | $296,000 |
| Tim McCully | EVP Impact & Partnership | $293,353 |
| Edward Byrd | VP EXTERNAL RELATIONS | $282,265 |
| Michael Watt | VP INTERNATIONAL OPERATIONS | $264,655 |
| Derek Reynolds | FORMER VP BUSINESS DEVELOP | $254,209 |
| Eveline Tavares | FORMER CHIEF PEOPLE OFFICER | $239,650 |
| Lali Chania | COUNTRY DIR. TANZANIA | $236,795 |
| William Clemmer | SR. REG. TECH ADV, HEALTH | $229,994 |
| Lawrence Sthreshley | BOARD DIRECTOR | $217,357 |
| Andrea M Wilson | GENERAL COUNSEL/VP, COMPLIANCE | $204,147 |
| Kellett Frederick | MANAGING DIR, IMACT INVESTING | $193,183 |
| Tamar Chitashvili | FORMER BOARD DIRECTOR | $192,993 |
| Elena Kanevsky | FORMER BOARD DIRECTOR | $192,151 |
| Cheri Kase | CHIEF INFORMATION OFFICER | $180,521 |
| Elise Marie Spears | ASSISTANT SECRETARY | $66,741 |
Compensation data as of: 9/30/2022
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/9/2023. To update the information below, please email: [email protected]
History
For a video, visit: imaworldhealth.org/history