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

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Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating104 of 111012 of 88
Fund acquisition rating72 of 11117 of 88
Resource allocation rating253 of 111122 of 88
Asset utilization rating414 of 111036 of 88

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%0%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%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
6%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%1%3%1%2%1%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%91%100%92%88%91%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%100%99%94%104%97%
Program output ratio Program output ratio =
Program services /
Total revenue
82%91%99%86%91%88%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%0%1%6%-4%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%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 ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.511.584.372.772.522.68
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.232.801.071.201.131.32
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.894.434.683.332.843.54
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
16.122.0715.461.761.121.04
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.480.060.570.890.96
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.821.402.401.560.460.14
 
Solvency ratiosSector median20222021202020192018
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
60%15%12%13%7%9%

Financials

Balance sheet
 
Assets20222021202020192018
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
 
Liabilities20222021202020192018
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 assets20222021202020192018
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
 
Revenue20222021202020192018
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
 
Expenses20222021202020192018
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 assets20222021202020192018
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

NameTitleCompensation
Daniel SpeckhardPRESIDENT & CEO$552,423
JoAnn TheysSVP Finance & Admin, CFO$296,000
Tim McCullyEVP Impact & Partnership$293,353
Edward ByrdVP EXTERNAL RELATIONS$282,265
Michael WattVP INTERNATIONAL OPERATIONS$264,655
Derek ReynoldsFORMER VP BUSINESS DEVELOP$254,209
Eveline TavaresFORMER CHIEF PEOPLE OFFICER$239,650
Lali ChaniaCOUNTRY DIR. TANZANIA$236,795
William ClemmerSR. REG. TECH ADV, HEALTH$229,994
Lawrence SthreshleyBOARD DIRECTOR$217,357
Andrea M WilsonGENERAL COUNSEL/VP, COMPLIANCE$204,147
Kellett FrederickMANAGING DIR, IMACT INVESTING$193,183
Tamar ChitashviliFORMER BOARD DIRECTOR$192,993
Elena KanevskyFORMER BOARD DIRECTOR$192,151
Cheri KaseCHIEF INFORMATION OFFICER$180,521
Elise Marie SpearsASSISTANT 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


Program accomplishments


Needs