Barnabas Aid / Barnabas Fund Inc
The information on this page was last updated 10/19/2022. 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: barnabasfund.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
We seek to:
meet both practical and spiritual needs
encourage, strengthen and enable the existing local Church and Christian communities - so they can maintain their presence and witness rather than setting up our own structures or sending out missionaries
tackle persecution at its root by making known the aspects of other religions and ideologies that result in injustice and oppression of Christians and others
inform and enable Christians in the West to respond to the growing challenge of other religions and ideologies to Church, society and mission in their own countries
the persecuted Church by providing comprehensive prayer material
safeguard and protect our volunteers, staff, partners and beneficiaries
keep our overheads low
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 | 294 of 1076 | 29 of 82 | |
Fund acquisition rating | ![]() ![]() | 834 of 1077 | 63 of 82 |
Resource allocation rating | ![]() ![]() ![]() ![]() | 320 of 1077 | 31 of 82 |
Asset utilization rating | ![]() ![]() ![]() ![]() ![]() | 51 of 1076 | 5 of 82 |
This ministry has a negative net worth, making it impossible to assign it a valid financial efficiency rating.
Financial ratios
Funding ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 10% | 11% | 17% | 8% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 10% | 9% | 16% | 8% | 7% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 100% | 82% | 99% | 99% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 9% | 12% | 15% | 7% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 0% | 18% | 1% | 1% | 0% |
Operating ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 88% | 83% | 79% | 89% | 87% |
Spending ratio Spending ratio = Total expenses / Total revenue | 92% | 108% | 75% | 108% | 105% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 77% | 95% | 62% | 85% | 93% | 84% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 8% | -8% | 25% | -8% | -5% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 21% | 52% | -441% | 13% | 9% | -6% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 6% | 3% | 5% | 6% | 4% | 6% |
Investing ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.45 | 5.60 | 9.02 | 1.26 | 1.19 | 1.09 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.23 | 1.04 | 1.07 | 10.49 | 9.10 | 5.62 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.01 | 5.81 | 9.70 | 13.22 | 10.87 | 6.15 |
Liquidity ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.32 | 4.16 | 2.88 | 1.56 | 1.90 | 3.78 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.09 | 0.24 | 0.35 | 0.64 | 0.53 | 0.26 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.11 | 1.57 | 0.81 | 0.32 | 0.52 | 1.43 |
Solvency ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 177% | 169% | 174% | 160% | 148% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 157% | 148% | 129% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 63% | -14% | -8% | -59% | -51% | -44% |
Financials
Balance sheet | |||||
Assets | 2021 | 2020 | 2019 | 2018 | 2017 |
Cash | $606,573 | $253,838 | $63,358 | $127,007 | $283,829 |
Receivables, inventories, prepaids | $211,146 | $168,654 | $154,616 | $140,239 | $212,244 |
Short-term investments | $0 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $817,719 | $422,492 | $217,974 | $267,246 | $496,073 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $29,896 | $31,671 | $2,069,495 | $2,165,508 | $2,292,571 |
Other long-term assets | $0 | $0 | $0 | $0 | $0 |
Total long-term assets | $29,896 | $31,671 | $2,069,495 | $2,165,508 | $2,292,571 |
Total assets | $847,615 | $454,163 | $2,287,469 | $2,432,754 | $2,788,644 |
Liabilities | 2021 | 2020 | 2019 | 2018 | 2017 |
Payables and accrued expenses | $196,600 | $146,541 | $140,167 | $140,508 | $131,350 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $196,600 | $146,541 | $140,167 | $140,508 | $131,350 |
Debt | $0 | $0 | $3,600,000 | $3,600,000 | $3,600,000 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $1,300,245 | $620,268 | $239,740 | $160,255 | $399,535 |
Total long-term liabilities | $1,300,245 | $620,268 | $3,839,740 | $3,760,255 | $3,999,535 |
Total liabilities | $1,496,845 | $766,809 | $3,979,907 | $3,900,763 | $4,130,885 |
Net assets | 2021 | 2020 | 2019 | 2018 | 2017 |
Without donor restrictions | ($649,230) | ($312,646) | ($1,692,438) | ($1,468,009) | ($1,342,241) |
With donor restrictions | $0 | $0 | $0 | $0 | $0 |
Net assets | ($649,230) | ($312,646) | ($1,692,438) | ($1,468,009) | ($1,342,241) |
Revenues and expenses | |||||
Revenue | 2021 | 2020 | 2019 | 2018 | 2017 |
Total contributions | $4,388,870 | $4,487,813 | $2,621,424 | $2,766,210 | $3,115,455 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $0 | $936,369 | $0 | $0 | $0 |
Other revenue | $21,548 | $52,180 | $35,744 | $14,100 | $12,173 |
Total other revenue | $21,548 | $988,549 | $35,744 | $14,100 | $12,173 |
Total revenue | $4,410,418 | $5,476,362 | $2,657,168 | $2,780,310 | $3,127,628 |
Expenses | 2021 | 2020 | 2019 | 2018 | 2017 |
Program services | $4,169,196 | $3,410,899 | $2,269,893 | $2,587,888 | $2,641,591 |
Management and general | $156,238 | $189,833 | $174,705 | $106,570 | $191,943 |
Fundraising | $421,568 | $495,838 | $436,999 | $211,620 | $218,833 |
Total expenses | $4,747,002 | $4,096,570 | $2,881,597 | $2,906,078 | $3,052,367 |
Change in net assets | 2021 | 2020 | 2019 | 2018 | 2017 |
Surplus (deficit) | ($336,584) | $1,379,792 | ($224,429) | ($125,768) | $75,261 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | ($336,584) | $1,379,792 | ($224,429) | ($125,768) | $75,261 |
Compensation
Name | Title | Compensation |
Jeremy Frith | CEO/Secretary | $29,468 |
Compensation data as of: 8/31/2020
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 10/19/2022. To update the information below, please email: [email protected]
History
Program accomplishments
From May 2020 to April 2021:
Education of 13,900 children supported in 137 schools/institutes in 8 countries
Theological and other leadership training: 9,700 individuals trained in 26 countries
59 full-time Christian workers (5 pastors and 54 evangelists) helped in 8 countries
19,000 individuals helped with small business livelihood projects in 8 countries
36,000 individuals assisted in 13 countries
900 converts helped in 6 countries
Over 31,000 items, including 3,000 New Testaments and 28,000 Christian books in 12 countries
Supported more than 495,000 disaster victims in 40 countries
9 medical projects to help about at least 13,000 individuals in 6 countries
Regular feeding programmes assisted 29,000 individuals in 8 countries
Needs
Visit: barnabasfund.org/us/projects/