Barnabas Aid / Barnabas Fund Inc
The information on this page was last updated 7/21/2023. If you see errors or omissions, please email: [email protected]
Summary
Barnabas Fund works to provide hope and aid for the persecuted Church, from Christians, to Christians, through Christians.
We work by:
Directing our aid only to Christians, although its benefits may not be exclusive to them ("As we have opportunity, let us do good to all people, especially to those who belong to the family of believers." Galatians 6:10, emphasis added)
Channelling money from Christians through Christians to Christians (we do not send people, we only send money)
Channelling money through existing structures in the countries where funds are sent (e.g. local churches or Christian organisations)
Using the money to fund projects which have been developed by local Christians in their own communities, countries or regions
Considering any request, however small
Acting as equal partners with the persecuted Church, whose leaders often help shape our overall direction
Acting on behalf of the persecuted Church, to be their voice - making their needs known to Christians around the world and the injustice of their persecution known to governments and international bodies
Contact information
Mailing address:
Barnabas Aid
80 Abbeyville Road
Lancaster, PA 17603
Website: barnabasaid.org
Phone: 703-288-1681
Email: [email protected]
Organization details
EIN: 161711227
CEO/President: Mr. Jeremy Frith
Chairman: John Marsh
Board size: 8
Founder:
Ruling year: 2006
Tax deductible: Yes
Fiscal year end: 08/31
Member of ECFA: Yes
Member of ECFA since: 2008
Purpose
The main ministry of Barnabas Aid is to send financial support to projects that help Christians where they suffer discrimination, oppression and persecution as a consequence of their faith. The projects aim to strengthen Christian individuals, churches and their communities by providing material and spiritual support in response to needs identified by local Christian leaders.
We seek to encourage and facilitate prayer by providing prayer information, prayer requests and resources in many different forms and formats.
This ministry makes known the plight of the persecuted Church, particularly in the Muslim world, by a wide variety of means, in order to educate Christians and others about the current situation and needs, as well as the background and causal factors.
When requested by Christians in the contexts concerned, we engage in speaking on their behalf. This can be by public petitions and letter-writing campaigns, or discreet contacts behind the scenes.
Mission statement
Barnabas stands alongside our Christian brothers and sisters where they suffer discrimination and persecution by providing aid through our partners on the ground encouraging prayer, telling their untold story and speaking out on their behalf.
Statement of faith
We believe in the sovereignty and grace of God the Father, God the Son and God the Holy Spirit in creation, providence, redemption and final judgement.
We believe in the divine inspiration of the Holy Scripture and its consequent entire trustworthiness and supreme authority in all matters of faith and conduct.
We believe that human beings are made in the image of God, are created to love, serve, worship and enjoy God and are entrusted with stewardship of God's creation.
We believe in the universal sinfulness and guilt of humanity, making us subject to God's wrath and condemnation.
We believe in the sacrifice of the incarnate Son of God as our representative and substitute as being the sole and all-sufficient ground of redemption from the guilt and power of sin, and from its eternal consequences.
We believe in the justification of the sinner solely by the grace of God through faith in Christ crucified and risen from the dead.
We believe in the illuminating, regenerating, indwelling, sanctifying and empowering work of God the Holy Spirit.
We believe in the priesthood of all believers, who form the universal Church, the Body of which Christ is the Head, committed by His command to the proclamation and demonstration of the Gospel throughout the world.
We believe in the personal, visible return of the Lord Jesus Christ in power and glory.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Relief and Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | 358 of 1097 | 26 of 84 | |
| Fund acquisition rating |  | 811 of 1099 | 55 of 84 |
| Resource allocation rating | | 427 of 1099 | 34 of 84 |
| Asset utilization rating | | 83 of 1097 | 12 of 84 |
This ministry has a negative net worth, making it impossible to assign it a valid financial efficiency rating.
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 8% | 10% | 11% | 17% | 8% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 8% | 10% | 9% | 16% | 8% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 100% | 100% | 82% | 99% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 9% | 9% | 12% | 15% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 0% | 0% | 18% | 1% | 1% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 89% | 88% | 83% | 79% | 89% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 91% | 108% | 75% | 108% | 105% |
Program output ratio Program output ratio = Program services / Total revenue | 80% | 81% | 95% | 62% | 85% | 93% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 9% | -8% | 25% | -8% | -5% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 12% | -838% | 52% | -441% | 13% | 9% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 6% | 3% | 3% | 5% | 6% | 4% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.59 | 4.90 | 5.60 | 9.02 | 1.26 | 1.19 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.22 | 1.03 | 1.04 | 1.07 | 10.49 | 9.10 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.98 | 5.03 | 5.81 | 9.70 | 13.22 | 10.87 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.34 | 5.95 | 4.16 | 2.88 | 1.56 | 1.90 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.17 | 0.24 | 0.35 | 0.64 | 0.53 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.64 | 1.99 | 1.57 | 0.81 | 0.32 | 0.52 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 106% | 177% | 169% | 174% | 160% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 157% | 148% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 58% | -1% | -14% | -8% | -59% | -51% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $941,377 | $606,573 | $253,838 | $63,358 | $127,007 |
| Receivables, inventories, prepaids | $231,192 | $211,146 | $168,654 | $154,616 | $140,239 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,172,569 | $817,719 | $422,492 | $217,974 | $267,246 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $30,246 | $29,896 | $31,671 | $2,069,495 | $2,165,508 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $30,246 | $29,896 | $31,671 | $2,069,495 | $2,165,508 |
| Total assets | $1,202,815 | $847,615 | $454,163 | $2,287,469 | $2,432,754 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $197,221 | $196,600 | $146,541 | $140,167 | $140,508 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $197,221 | $196,600 | $146,541 | $140,167 | $140,508 |
| Debt | $0 | $0 | $0 | $3,600,000 | $3,600,000 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1,074,842 | $1,300,245 | $620,268 | $239,740 | $160,255 |
| Total long-term liabilities | $1,074,842 | $1,300,245 | $620,268 | $3,839,740 | $3,760,255 |
| Total liabilities | $1,272,063 | $1,496,845 | $766,809 | $3,979,907 | $3,900,763 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | ($69,248) | ($649,230) | ($312,646) | ($1,692,438) | ($1,468,009) |
| With donor restrictions | $0 | $0 | $0 | $0 | $0 |
| Net assets | ($69,248) | ($649,230) | ($312,646) | ($1,692,438) | ($1,468,009) |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $6,452,310 | $4,388,870 | $4,487,813 | $2,621,424 | $2,766,210 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $936,369 | $0 | $0 |
| Other revenue | $20,817 | $21,548 | $52,180 | $35,744 | $14,100 |
| Total other revenue | $20,817 | $21,548 | $988,549 | $35,744 | $14,100 |
| Total revenue | $6,473,127 | $4,410,418 | $5,476,362 | $2,657,168 | $2,780,310 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $5,233,652 | $4,169,196 | $3,410,899 | $2,269,893 | $2,587,888 |
| Management and general | $152,193 | $156,238 | $189,833 | $174,705 | $106,570 |
| Fundraising | $507,300 | $421,568 | $495,838 | $436,999 | $211,620 |
| Total expenses | $5,893,145 | $4,747,002 | $4,096,570 | $2,881,597 | $2,906,078 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $579,982 | ($336,584) | $1,379,792 | ($224,429) | ($125,768) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $579,982 | ($336,584) | $1,379,792 | ($224,429) | ($125,768) |
Compensation
| Name | Title | Compensation |
| Jeremy Frith | CEO/Secretary | $79,043 |
Compensation data as of: 8/31/2022
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 7/21/2023. To update the information below, please email: [email protected]
History
Program accomplishments
In the last year, BarnabasAid helped:
12,300 children in 129 schools/institutes in 8 countries
Theological and other leadership training to 6,000 individuals in 26 countries
148 full-time Christian workers (18 pastors and 130 evangelists) in 9 countries
4,600 individuals helped with small business livelihood projects in 9 countries
1,700 converts helped in 4 countries
93,000 disaster victims in 20 countries
9 medical projects to help about 1,009,000 individuals in 10 countries
9 church building projects (including renovation and repairs) in 6 countries
Needs
Visit: barnabasfund.org/us/projects/