Freedom in Christ Ministries

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 10/21/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

The vision of Freedom in Christ Ministries ("FCM") is to boldly and strategically resource leaders world-wide to establish the Church free in Christ.

Since its inception, FCM has had the privilege of seeing thousands of changed lives around the world. Priority is given to resourcing pastors, church leaders, missionaries, and those in parachurch ministry in all parts of the world so they may be able to teach others. Churches, mission groups, ministries, Bible colleges, and entire denominations have been equipped and encouraged. FCM continues to expand and currently has staff in Arizona, Arkansas, California, Colorado, Georgia, Indiana, Minnesota, North Carolina and Tennessee as well as Canada, Switzerland, and India.


Contact information

Mailing address:
Freedom in Christ Ministries
9051 Executive Park Drive
Suite 503
Knoxville, TN 37923

Website: www.ficm.org

Phone: (865) 342-4000

Email: info@ficm.org


Organization details

EIN: 330361836

CEO/President: Dan Studt

Chairman: Dr. John Fugate

Board size: 9

Founder: Dr. Neil T. Anderson

Ruling year: 1989

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1998


Purpose

The vision of FICM-USA is to establish and nurture a growing network of Community Freedom Ministries all across the nation.


Mission statement

The mission of FICM-USA is to help people realize their new identity and freedom in Christ.


Statement of faith

    Freedom in Christ Ministries uses the following to express its Statement of Faith:

  • The Bible is the inspired, infallible, and only authoritative word of God.
  • There is one true God, eternally existing in three persons--Father, Son, and Holy Spirit--each of whom possesses equally all the attributes of Deity and the characteristics of personality.
  • Jesus Christ is God, the living Word, who became flesh through His miraculous conception by the Holy Spirit and His virgin birth. Hence, He is perfect Deity and true humanity united in one person forever.
  • He lived a sinless life and voluntarily atoned for the sins of men by dying on the cross as their substitute, thus satisfying divine justice and accomplishing salvation for all who trust in Him alone.
  • He rose from the dead in the same body, though glorified, in which He lived and died.
  • He ascended bodily into heaven and sat down at the right hand of God the Father, where He, the only mediator between God and man, continually makes intercession for His own.
  • Man was originally created in the image of God. He sinned by disobeying God; thus, he was alienated from his Creator. That historical fall brought all mankind under divine condemnation.
  • Man's nature is corrupted, and he is thus totally unable to please God. Every man is in need of regeneration and renewal by the Holy Spirit.
  • The salvation of man is wholly a work of God's free grace and is not the work, in whole or in part, of human works or goodness or religious ceremony. God imputes His righteousness to those who put their faith in Christ alone for their salvation, and thereby justifies them in His sight.
  • It is the privilege of all who are born again of the Spirit to be assured of their salvation from the very moment in which they trust Christ as their Savior. This assurance is not based upon any kind of human merit, but is produced by the witness of the Holy Spirit, who confirms in the believer the testimony of God in His written Word.
  • The Holy Spirit has come into the world to reveal and glorify Christ and to apply the saving work of Christ to men. He convicts and draws sinners to Christ, imparts new life to them, continually indwells them from the moment of spiritual birth, and seals them until the day of redemption. His fullness, power, and control are appropriated in the believer's life by faith.
  • Every believer is called to live so in the power of the indwelling Spirit that he will not fulfill the lust of the flesh, but will bear fruit to the glory of God.
  • Jesus Christ is the Head of the Church, His Body, which is composed of all men, living and dead, who have been joined to Him through saving faith.
  • God admonishes His people to assemble together regularly for worship, for participation in ordinances, for edification through the Scriptures, and for mutual encouragement.
  • At physical death the believer enters immediately into eternal, conscious fellowship with the Lord and awaits the resurrection of his body to everlasting glory and blessing.
  • At physical death the unbeliever enters immediately into eternal, conscious separation from the Lord and awaits the resurrection of his body to everlasting judgment and condemnation.
  • Jesus Christ will come again to the earth--personally, visibly, and bodily--to consummate history and the eternal plan of God.
  • The Lord Jesus Christ commanded all believers to proclaim the gospel throughout the world and to disciple men of every nation. The fulfillment of that Great Commission requires that all worldly and personal ambitions be subordinated to a total commitment to "Him who loved us and gave Himself for us."

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating410 of 102219 of 51
Fund acquisition rating694 of 102433 of 51
Resource allocation rating360 of 102415 of 51
Asset utilization rating326 of 102217 of 51

Click here to read Freedom in Christ Ministries' response to our ratings


Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%7%5%5%5%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%7%5%5%5%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
96%94%94%94%95%93%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%7%5%5%5%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
4%6%6%6%5%7%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%88%90%90%90%90%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%98%88%96%98%98%
Program output ratio Program output ratio =
Program services /
Total revenue
78%86%79%86%88%89%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%2%12%4%2%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%4%35%15%11%8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%6%5%5%5%5%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.241.752.182.993.173.22
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.011.001.021.031.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.781.762.193.043.283.23
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
27.363.825.834.643.353.14
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.020.260.170.220.300.32
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.535.034.533.102.562.53
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
3%29%17%21%29%32%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
76%40%38%26%22%21%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$840,409$664,487$445,904$398,638$388,741
Receivables, inventories, prepaids$57,839$68,200$49,400$61,347$50,208
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$898,248$732,687$495,304$459,985$438,949
Long-term investments$0$0$0$0$0
Fixed assets$6,513$3,046$8,284$15,927$1,774
Other long-term assets$0$0$0$0$0
Total long-term assets$6,513$3,046$8,284$15,927$1,774
Total assets$904,761$735,733$503,588$475,912$440,723
 
Liabilities20202019201820172016
Payables and accrued expenses$234,969$125,611$106,849$137,135$139,688
Other current liabilities$0$0$0$0$0
Total current liabilities$234,969$125,611$106,849$137,135$139,688
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$31,652$0$0$0$0
Total long-term liabilities$31,652$0$0$0$0
Total liabilities$266,621$125,611$106,849$137,135$139,688
 
Net assets20202019201820172016
Without donor restrictions$268,938$319,163$101,696$116,386$94,130
With donor restrictions$2,369,202$290,959$295,043$222,391$206,905
Net assets$638,140$610,122$396,739$338,777$301,035
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$1,511,087$1,715,872$1,471,451$1,470,197$1,340,622
Program service revenue$72,611$100,183$86,789$76,172$94,478
Membership dues$0$0$0$0$0
Investment income$0$0$0$0$0
Other revenue$26,312$4,308$5,769$2,276$6,686
Total other revenue$98,923$104,491$92,558$78,448$101,164
Total revenue$1,610,010$1,820,363$1,564,009$1,548,645$1,441,786
 
Expenses20202019201820172016
Program services$1,388,027$1,439,111$1,350,764$1,361,955$1,281,052
Management and general$88,810$84,672$76,050$73,950$69,687
Fundraising$105,155$83,197$79,233$74,998$67,682
Total expenses$1,581,992$1,606,980$1,506,047$1,510,903$1,418,421
 
Change in net assets20202019201820172016
Surplus (deficit)$28,018$213,383$57,962$37,742$23,365
Other changes in net assets$0$0$0$0$8,021
Total change in net assets$28,018$213,383$57,962$37,742$31,386

Compensation

NameTitleCompensation
Dan StudtCEO$109,583

Compensation data as of: 12/31/2020


Response from ministry

We believe that the Lord is preparing His Church for the final days leading up to His return. Times will get tough and persecution of Christians and churches will increase dramatically. Every believer will be affected. For God's people to not only survive but thrive, we are going to need to be strong in the Lord and in the strength of His might (Eph. 6:10). In order to be "strong in the Lord" we need to know who we are in the Lord. If we are basing our acceptance, significance, security and life on anything but who Christ is in us and who we are in Him, we will be crushed. And we need to be strong in the strength of His might. Dependence on the flesh has never worked in Christ's kingdom and even the best ideas and plans and problem solving skills of natural man will not enable God's people to make it through the tough days ahead. Many churches will have to shut their doors and will be driven underground. In addition, believers in Christ will be forced to move from a theoretical belief and understanding of spiritual warfare to a profoundly functional one. The activity of the evil one will become more brazenly apparent as our society's morals decline. We remain ignorant of his schemes at our own peril. We have the encouraging news, however, that "thanks be to God who always leads us in triumph in Christ and manifests through us the sweet aroma of the knowledge of Him in every place" (2 Corinthians 2:14). Christ is Victor! Jesus has won the war so that we can win the battles until He returns. Where the Spirit of the Lord is, there is freedom! (2 Corinthians 3:17). Let's be faithful to walk by the Spirit until the day Jesus brings us home.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 10/21/2021. To update the information below, please email: info@ministrywatch.com


History

Freedom in Christ Ministries (FICM) was founded by Dr. Neil T. Anderson in 1989 while he was professor of practical theology at Talbot School of Theology, La Mirada, CA. Dr. Anderson observed that Christian students did not know who they were in Christ and were not connecting with God in that intimate "Abba! Father!" relationship. As the result, he began teaching a course at the graduate level entitled "Resolving Personal and Spiritual Conflicts." The response was overwhelming and soon Dr. Anderson began teaching this message of our identity, position, authority and victory in Christ in churches across the nation and around the world.

Out of this growing ministry, two best-selling books: Victory Over the Darkness and The Bondage Breaker were published in 1990 and updated in 2000. In addition, a practical, transferable tool, The Steps to Freedom in Christ, was developed and has been used globally as a thorough moral and spiritual inventory, inviting God's people to submit to God and resist the devil (James 4:7). The "Steps" is a guideline for repentance, providing opportunity for followers of Christ to walk in freedom so that they can grow and become fruitful disciples of Jesus. Since that time scores of other freedom resources have been written, published, translated and used around the world.

Originally, the headquarters of FICM-USA was located in La Habra, CA but is now in Knoxville, TN. FICM is now an international ministry with offices in the UK, India, Switzerland and Canada and has many representatives throughout the rest of the world. FICM-USA is a member in good standing of the Evangelical Council for Financial Accountability (ECFA).


Program accomplishments

More than 3 million adults have been reached through Freedom in Christ Ministries' conferences, resources, and multi-lingual staff in over 60 countries.

500,000 youth have been ministered to through the Youth Ministry.

Over 2 million copies of "Victory Over the Darkness" and "The Bondage Breaker" have been sold.

In this past year, over 70,000 individuals have been served through FICM-USA. The ministry publishes more than 120 resources.

The ministry resources are published in 50 languages including Arabic, Chinese, French, German, Korean, Japanese, Portuguese, Spanish and Russian.

There are currently ministry offices in 6 strategic countries: Australia, Switzerland, India, Canada, United States and the United Kingdom.

Ministry offices are being developed in the following countries: Venezuela, Malaysia, New Zealand, Nigeria, Liberia and Ivory Coast.


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