FAME - Fellowship of Associates of Medical Evangelism
The information on this page was last updated 4/6/2023. If you see errors or omissions, please email: [email protected]
Summary
FAME is sending help and hope in the name of Christ to the world's most vulnerable through medical evangelism.
Contact information
Mailing address:
FAME
4545 Southeastern Avenue
Indianapolis, IN 46203
Website: fameworld.org
Phone: (317) 358-2480
Email: [email protected]
Organization details
EIN: 237124787
CEO/President: Bill Warren
Chairman: Kevin Hart
Board size: 12
Founder: Milford Anness,
Ruling year: 1972
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 1999
Purpose
To be a Global Leader in evangelism through healthcare.
Mission statement
Statement of faith
We believe the scriptures to be the inspired word of God.
We believe in Jesus Christ, the only begotten Son of God. He was born of a virgin, lived among men, was crucified for our redemption and rose the third day for our justification. We believe that He will come again in glory to judge the living and the dead, and His kingdom will know no end.
We believe that the church is the body of Christ on earth and consists of all those who have accepted His grace and have been born of water and the spirit. We believe the church is a divine institution to which God has committed the message of reconciliation for all nations. We believe that we are saved by grace through faith. That salvation is appropriated through faith in Jesus Christ, repentance from sin, and baptism into Christ for the remission of sins. We believe that it is our duty to value all human life, which God has created in His own image, and to alleviate pain and disease by providing medical assistance to those who are suffering. Because of our high regard for human life, FAME does not participate in abortion or proactive taking of human life.
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Evangelism
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 402 of 1118 | 21 of 49 | |
Fund acquisition rating | 561 of 1119 | 28 of 49 | |
Resource allocation rating | 280 of 1119 | 20 of 49 | |
Asset utilization rating | 570 of 1118 | 21 of 49 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 7% | 7% | 6% | 10% | 10% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 7% | 7% | 6% | 10% | 10% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 97% | 100% | 100% | 100% | 94% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 8% | 7% | 7% | 12% | 11% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 3% | 0% | 0% | 0% | 6% | 1% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 84% | 84% | 83% | 70% | 74% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 92% | 90% | 96% | 84% | 90% |
Program output ratio Program output ratio = Program services / Total revenue | 78% | 77% | 75% | 79% | 59% | 66% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 8% | 10% | 4% | 16% | 10% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | 11% | 17% | 7% | 19% | 15% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 9% | 9% | 11% | 18% | 15% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.06 | 1.24 | 1.46 | 1.52 | 0.93 | 1.20 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.55 | 2.10 | 2.65 | 2.70 | 3.87 | 6.34 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.15 | 2.60 | 3.88 | 4.10 | 3.60 | 7.63 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.24 | 25.50 | 33.31 | 23.92 | 11.60 | 11.24 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.09 | 0.04 | 0.03 | 0.04 | 0.09 | 0.09 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.92 | 4.44 | 3.00 | 2.80 | 3.04 | 1.43 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 3% | 2% | 3% | 8% | 10% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 4% | 8% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 78% | 79% | 67% | 64% | 98% | 75% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $896,655 | $686,751 | $554,976 | $389,504 | $196,188 |
Receivables, inventories, prepaids | $91,228 | $193 | $839 | $709 | $256 |
Short-term investments | $6,767 | $8,006 | $12,085 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $994,650 | $694,950 | $567,900 | $390,213 | $196,444 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $572,602 | $583,754 | $610,407 | $639,017 | $655,139 |
Other long-term assets | $519,024 | $565,786 | $355,729 | $480,959 | $394,274 |
Total long-term assets | $1,091,626 | $1,149,540 | $966,136 | $1,119,976 | $1,049,413 |
Total assets | $2,086,276 | $1,844,490 | $1,534,036 | $1,510,189 | $1,245,857 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $38,999 | $20,861 | $23,738 | $33,652 | $17,475 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $38,999 | $20,861 | $23,738 | $33,652 | $17,475 |
Debt | $0 | $0 | $0 | $65,592 | $101,130 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $14,477 | $20,518 | $19,000 | $27,667 | $9,942 |
Total long-term liabilities | $14,477 | $20,518 | $19,000 | $93,259 | $111,072 |
Total liabilities | $53,476 | $41,379 | $42,738 | $126,911 | $128,547 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $1,974,330 | $1,647,148 | $1,290,637 | $1,236,975 | $1,025,384 |
With donor restrictions | $58,470 | $155,963 | $200,661 | $146,303 | $91,926 |
Net assets | $2,032,800 | $1,803,111 | $1,491,298 | $1,383,278 | $1,117,310 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $2,809,905 | $3,004,012 | $2,425,843 | $1,575,560 | $1,647,116 |
Program service revenue | $8,855 | $5,938 | $3,227 | $97,919 | $16,001 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $10,326 | $1,737 | $3,372 | $698 | $628 |
Other revenue | ($12,855) | $0 | $0 | $0 | $0 |
Total other revenue | $6,326 | $7,675 | $6,599 | $98,617 | $16,629 |
Total revenue | $2,816,231 | $3,011,687 | $2,432,442 | $1,674,177 | $1,663,745 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $2,162,800 | $2,266,440 | $1,925,516 | $990,158 | $1,103,910 |
Management and general | $220,837 | $230,645 | $248,202 | $251,665 | $229,430 |
Fundraising | $201,666 | $200,997 | $157,049 | $164,826 | $164,646 |
Total expenses | $2,585,303 | $2,698,082 | $2,330,767 | $1,406,649 | $1,497,986 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $230,928 | $313,605 | $101,675 | $267,528 | $165,759 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $230,928 | $313,605 | $101,675 | $267,528 | $165,759 |
Compensation
Name | Title | Compensation |
William Warren | Executive Di | $100,586 |
Jeff Coon | Director | $82,567 |
Compensation data as of: 6/30/2023
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 4/6/2023. To update the information below, please email: [email protected]
History
FROM COLUMBUS
On November 10, 1970, Judge Milford Anness, an original founder, walked into the courthouse in Columbus, Indiana, and left carrying the official incorporation documents for the Fellowship of Associates of Medical Evangelism. The vision for FAME actually began years earlier, in the heart of Dr. Dennis Pruett, who foresaw a medical mission organization that would reach around the world.
FAME's first mission project was in India with missionary, Art Morris. Dr. Pruett and Judge Anness visited Madrapakkam and agreed to build a hospital, principally for the 35,000 lepers in south India. Dr. Bob Reeves joined FAME as its Executive Director, to complete that project and help find the funding needed to build and equip the hospital.
Bob served FAME until his death in 1999. During his two decades of leadership, FAME grew from struggling to build one hospital in India, to an organization that helped build 70 facilities in 29 countries around the world - hospitals, clinics, feeding centers, church buildings, housing for medical staff, and mobile medical units. During Bob's last year of life, FAME saw a new church planted somewhere in the world every other day, and over 10,000 people came to Christ.
TO INDIANAPOLIS
In 2001, FAME moved to Indianapolis, and first located on the campus of Kingsway Christian Church. Later, under the leadership of Rick Wolford, FAME moved to the warehouse at the present location on Southeastern Avenue.
TO THE WHOLE WORLD
In 1970 FAME operated out of a borrowed office on the second floor in Columbus, Indiana. It had no income, no staff, no donors, and no projects. It has now touched every corner of the earth with the Gospel of Jesus Christ. In 1970, its workers were all volunteers - Americans with a heart for Jesus. FAME still relies on strong partnerships, from volunteers, churches, businesses, medical facilities to our mission partners around the globe. With God's blessing we all come together to be successful.
A NEW DAY!
In 2012, Bill Warren began as Executive Director as FAME continues to grow and expand to meet the growing health care needs around the world and the spreading of the Gospel message to all people.
FAME is focusing, in new ways, on the global mission field to establish long-term sustainable results. It's a new day at FAME! Together with you, we are partners in medical evangelism. FAME continues to look forward, as we preach the kingdom of God and heal the sick until Jesus' return!