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

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism

CategoryRatingOverall rankSector rank
Overall efficiency rating519 of 111322 of 46
Fund acquisition rating558 of 111427 of 46
Resource allocation rating386 of 111419 of 46
Asset utilization rating670 of 111322 of 46

Financial ratios

Funding ratiosSector median20232022202120202019
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
7%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 ratiosSector median20232022202120202019
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
79%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 ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.031.241.461.520.931.20
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.472.102.652.703.876.34
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.242.603.884.103.607.63
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
11.2825.5033.3123.9211.6011.24
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.040.030.040.090.09
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.544.443.002.803.041.43
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
12%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
71%79%67%64%98%75%

Financials

Balance sheet
 
Assets20232022202120202019
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
 
Liabilities20232022202120202019
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 assets20232022202120202019
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
 
Revenue20232022202120202019
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
 
Expenses20232022202120202019
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 assets20232022202120202019
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

NameTitleCompensation
William WarrenExecutive Di$100,586
Jeff CoonDirector$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!


Program accomplishments


Needs