SIM USA, Inc.

The information on this page was last updated 1/31/2022. If you see errors or omissions, please email: info@ministrywatch.com


Summary

SIM is a century-old catalyst for global mission that brings good news to hard places because there are people living and dying without the gospel. By prayer, SIM's 4,000+ workers from 65 different nations respond to need, proclaim the gospel, and equip the Church in over 70 countries worldwide.


Contact information

Mailing address:
SIM USA, Inc.
14830 Choate Circle
Charlotte, NC 28273-9105

Website: www.simusa.org

Phone: 1-800-521-6449

Email: info@sim.org


Organization details

EIN: 221512241

CEO/President: Randy Fairman

Chairman: Scott Rebney

Board size: 10

Founder:

Ruling year: 1980

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1986


Purpose

Convinced that no one should live and die without hearing God's good news, we believe that He has called us to make disciples of the Lord Jesus Christ in communities where He is least known.

The vision of SIM is to see a witness to Christ's love where He is least known, disciples of Jesus expressing God's love in their communities, and Christ-centered churches among all peoples.

Therefore, compelled by God's great love and empowered by the Holy Spirit:

- We cross barriers to proclaim the crucified and risen Christ, expressing His love and compassion among those who live and die without Him.

- We make disciples who will trust and obey Jesus, and become part of Christ-centered churches.

- We work together with churches to fulfill God's mission across cultures locally and globally.

- We facilitate that participation in cross-cultural ministry of those whom God is calling.


Mission statement

By prayer, we recruit, prepare, and journey with Christians sent by churches as we go and make disciples of Jesus Christ where needed most.


Statement of faith

Those who serve with SIM are committed to the following essential truths of biblical Christianity.

GOD
There is one God who exists eternally in three persons: Father, Son, and Holy Spirit. God is the almighty Creator, Savior, and Judge who governs all things according to His sovereign will and is accomplishing His purposes in creation and in the Church to His glory.

THE FATHER
God the Father is the source of all that is good. He initiates creation and redemption, which He accomplishes through His Son and the Holy Spirit.

GOD'S WRITTEN WORD
The Bible, consisting of the Old and New Testaments, is God's written Word, revealing for all peoples His character and purposes. It is the final authority in all matters relating to belief and behavior. The Holy Spirit moved the human authors of the Bible so that what they wrote is inspired, fully reliable, and without error in all it affirms.

THE HUMAN RACE
Humanity is the climax of God's earthly creation, bearing His image, designed for relationship with Him, and being the object of His redeeming love. All people have sinned. This results in guilt, death, and alienation from God as well as the defacing of every aspect of human nature. People are unable to save themselves from sin's penalty and power and from Satan's dominion.

JESUS CHRIST
Jesus Christ, both fully God and fully man, entered history as Savior of the world. He was conceived of the Holy Spirit, born of a virgin, and lived an exemplary, sinless life in perfect submission to the Father and in loving relationships with others. He died on a cross, rose bodily, and ascended to heaven where He is advocate for His people and is exalted as Lord of all.

SALVATION
Christ's sacrificial death, in which He bore the punishment due to sinners, is the only and all-sufficient basis of God's provision of salvation for all people of every culture and age, expressing His love and satisfying His justice. By God's grace the repentant sinner, through trusting alone in the Lord Jesus Christ as Savior, is put right with God, adopted by the Father into His family and receives eternal life.

THE HOLY SPIRIT
The Holy Spirit makes the work of Christ effective to sinners, giving spiritual life and placing them into the Church. He indwells all believers, empowers them to love, serve, witness and obey God, equips them with gifts, and transforms them to be increasingly like Christ.

THE CHURCH
The universal Church is made up of all who have been born of the Spirit. It finds local expression in communities of believers called by God to worship, fellowship, proclaim the gospel and make disciples among all peoples, reflect God's character, engage in works of compassion, contend for truth and justice, and celebrate baptism and communion.

THE SPIRIT WORLD
The holy angels are personal spirit beings who glorify God, serve Him, and minister to His people. Satan is a spiritual being who was created by God but fell through sin. He, along with other evil spirits, is the enemy of God and humanity, has been defeated by the work of Christ, is subject to God's authority and faces eternal condemnation.

THE FUTURE
The Lord Jesus Christ will visibly return to the earth in glory and accomplish the final triumph over evil. God will make everything new. The dead will be raised and judged. Unbelievers will suffer eternal punishment in separation from God; believers will enter into a life of eternal joy in fellowship with God, glorifying Him forever.

Donor confidence score

Show donor confidence score details

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating530 of 103157 of 123
Fund acquisition rating293 of 103336 of 123
Resource allocation rating678 of 103374 of 123
Asset utilization rating611 of 103177 of 123

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%3%6%5%5%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%3%6%5%5%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%96%97%96%91%94%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%3%5%5%5%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%4%3%4%9%6%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%81%80%79%81%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%98%102%102%100%95%
Program output ratio Program output ratio =
Program services /
Total revenue
78%80%82%80%80%77%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%2%-2%-2%0%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
10%2%-4%-3%0%7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%16%15%16%15%15%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.180.940.981.000.940.91
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.171.151.141.141.15
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.661.101.131.141.061.04
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
21.0212.1814.0514.0115.3016.47
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.080.070.070.070.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.6810.019.879.7310.5410.85
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%34%34%34%35%35%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
77%70%67%65%69%72%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$584,009$1,083,591$2,104,461$3,191,840$6,234,595
Receivables, inventories, prepaids$0$0$0$0$0
Short-term investments$45,919,938$45,443,515$46,227,579$47,360,099$43,524,094
Other current assets$0$0$0$0$0
Total current assets$46,503,947$46,527,106$48,332,040$50,551,939$49,758,689
Long-term investments$0$0$0$0$0
Fixed assets$5,973,521$5,622,087$5,736,314$5,926,504$6,475,640
Other long-term assets$1,734,668$1,208,489$1,106,414$923,047$859,502
Total long-term assets$7,708,189$6,830,576$6,842,728$6,849,551$7,335,142
Total assets$54,212,136$53,357,682$55,174,768$57,401,490$57,093,831
 
Liabilities20202019201820172016
Payables and accrued expenses$1,373,351$969,367$953,745$1,984,992$1,788,366
Other current liabilities$2,444,045$2,343,276$2,495,323$1,318,224$1,232,364
Total current liabilities$3,817,396$3,312,643$3,449,068$3,303,216$3,020,730
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$14,610,024$15,091,526$15,494,320$16,938,863$17,088,110
Total long-term liabilities$14,610,024$15,091,526$15,494,320$16,938,863$17,088,110
Total liabilities$18,427,420$18,404,169$18,943,388$20,242,079$20,108,840
 
Net assets20202019201820172016
Without donor restrictions$12,161,107$13,105,676$14,558,308$14,140,638$14,335,201
With donor restrictions$23,623,609$21,848,837$21,673,072$23,018,773$22,649,790
Net assets$35,784,716$34,953,513$36,231,380$37,159,411$36,984,991
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$49,935,140$49,952,771$52,237,621$49,167,129$51,076,706
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$1,118,973$174,411$676,824$3,005,924$1,899,942
Other revenue$957,795$1,114,791$1,445,912$1,780,078$1,338,492
Total other revenue$2,076,768$1,289,202$2,122,736$4,786,002$3,238,434
Total revenue$52,011,908$51,241,973$54,360,357$53,953,131$54,315,140
 
Expenses20202019201820172016
Program services$41,548,052$41,811,421$43,659,744$43,365,568$41,551,421
Management and general$8,135,893$7,826,340$8,918,112$7,840,063$7,731,534
Fundraising$1,496,760$2,882,079$2,756,690$2,573,080$2,408,864
Total expenses$51,180,705$52,519,840$55,334,546$53,778,711$51,691,819
 
Change in net assets20202019201820172016
Surplus (deficit)$831,203($1,277,867)($974,189)$174,420$2,623,321
Other changes in net assets$0$0$0$0$0
Total change in net assets$831,203($1,277,867)($974,189)$174,420$2,623,321

Compensation

Compensation data for this ministry has not been collected.


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 1/31/2022. To update the information below, please email: info@ministrywatch.com


History

SIM has a rich history of founders who journeyed to difficult places to share the gospel. In Africa, Asia, and South America, these pioneers formed mission organizations committed to reaching people who had never known the love of Jesus. They met people's needs, shared the good news of Christ, and built and strengthened the Church in various countries around the world.

Over the years, these organizations discovered they shared a similar passion, and joined under the single banner of SIM. Today, we continue the legacy they started to respond to need, proclaim the gospel, and equip the Church.

MISSION IN SOUTH AMERICA

In 1893, British Keswick evangelists visited South America and published a report called South America: The Neglected Continent. New Zealanders George Allen and Mary Stirling read it and felt God calling them to ministry. In 1907, they founded the Bolivian Indian Mission (BIM). The newlyweds sailed to Bolivia two years later to minister to the Quechua Indians. BIM grew in the years that followed to become the Andes Evangelical Mission (AEM) in 1965.

MISSION IN AFRICA

The South African General Mission (SAGM) was founded by Martha Osborn, Spencer Walton, and Andrew Murray in 1889. Murray, a well-known author who founded a university and a seminary, always considered missions "the chief end of the Church." After Martha Osborn married George Howe, they formed the South East Africa General Mission (SEAGM) in 1891. SAGM and SEAGM merged in 1894. Because their ministry had spread into other African countries, they changed their name to Africa Evangelical Fellowship (AEF) in 1965.

Soudan Interior Mission (SIM) began in 1893. Canadians Walter Gowans, Roland Bingham, and American Thomas Kent had a vision to evangelize the 60 million unreached people of sub-Saharan Africa. Unable to interest established missions-most of which said reaching the Soudan was impossible-the three set out alone.

Malaria overtook all three. Gowans and Kent died of the fever in 1894, and Bingham returned to Canada. On his second attempt, he caught malaria again and was forced to return home. Unable to return to Africa, Bingham sent out a third team. They successfully established a base 500 miles inland at Patigi in 1902. From there, the work of SIM began in Africa.

MISSION IN ASIA-PACIFIC

In 1892, the Ceylon and India General Mission (CIGM) was founded. A year later, they began work among Ceylon's Singhalese Buddhists and Tamil Hindus. The mission founded by Scottish businessman Benjamin Davidson expanded from Ceylon into South India. Eventually CIGM's ministry reached across the subcontinent and to the Philippines.

Also in 1893, Charles F. Reeve and E.W. McGavin left their homes in Australia for India. They were influenced by a Eurasian Christian who went to Australia in search of missionaries for his home area and by J. Hudson Taylor. Reeve and McGavin answered the challenge and set sail under the name Poona and Indian Village Mission (PIVM).

In 1968, these two India/Asian organizations merged to become the International Christian Fellowship (ICF).

SERVING TOGETHER

In the 1980s, AEM, ICF, and SIM joined forces to become SIM, which then stood for the "Society for International Ministries." AEF joined with SIM in 1998. Our official name around the world today is simply SIM.


Program accomplishments

More than 4,000 SIM workers from 65 different nations are currently serving on six continents across the world.


Needs

SIM is always looking for people who can help in the following areas: prayer; short term missions; long term missions; giving.