Strategic Resource Group 
The information on this page was last updated 11/26/2024. If you see errors or omissions, please email: [email protected]
Summary
Provide resources to missionary organizations, indigenous churches and other Christian ministries.
Contact information
Mailing address:
Strategic Resource Group
PO Box 1809
Easton, MD 21601
Phone: (720) 340-1774
Email: [email protected]
Organization details
EIN: 330780945
CEO/President: J Latture
Chairman: J Latture
Board size: 6
Founder:
Ruling year: 2000
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2005
Purpose
SRG is a community of stewards with a shared commitment to serve and expand God's kingdom in the Greater Middle East. SRG believes that strategic giving is the wise deployment of limited resources for the greatest kingdom impact.
Mission statement
SRG's vision is to see significantly more people in the Greater Middle East come to Christ and be discipled into the local church. In fulfillment of this vision, the mission of SRG is to strategically mobilize and direct people, prayer, and financial resources into partnership with churches and key ministries in the Greater Middle East, including Pakistan and Afghanistan.
Statement of faith
SRG's Statement of Faith is the Lausanne Covenant, which may be found here: https://lausanne.org/statement/lausanne-covenant?gad_source=1#cov
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Evangelism Support
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 35 of 1102 | 2 of 34 |
| Fund acquisition rating | | 194 of 1103 | 4 of 34 |
| Resource allocation rating | | 49 of 1103 | 4 of 34 |
| Asset utilization rating | | 147 of 1102 | 4 of 34 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 3% | 3% | 5% | 6% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 2% | 3% | 4% | 6% | 7% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 100% | 98% | 97% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 3% | 3% | 6% | 6% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 0% | 2% | 3% | 0% | 0% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 94% | 93% | 90% | 90% | 89% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 97% | 86% | 80% | 91% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 91% | 80% | 72% | 82% | 87% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 3% | 14% | 20% | 9% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | 7% | 29% | 48% | 31% | 10% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 4% | 4% | 4% | 4% | 4% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.23 | 2.30 | 1.80 | 1.90 | 3.10 | 4.28 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.31 | 1.64 | 1.13 | 1.15 | 1.32 | 1.49 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.72 | 3.78 | 2.04 | 2.18 | 4.08 | 6.36 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 38.67 | 23.90 | 45.93 | 32.78 | 17.32 | 11.87 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.03 | 0.04 | 0.02 | 0.03 | 0.06 | 0.08 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.53 | 3.05 | 5.75 | 5.33 | 2.77 | 1.73 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 5% | 11% | 2% | 3% | 4% | 6% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 78% | 39% | 54% | 51% | 31% | 22% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $5,324,612 | $7,690,065 | $8,252,602 | $4,356,423 | $2,774,262 |
| Receivables, inventories, prepaids | $120,855 | $109,755 | $108,376 | $51,216 | $91,030 |
| Short-term investments | $5,242,923 | $8,087,498 | $2,236,358 | $315,400 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $10,688,390 | $15,887,318 | $10,597,336 | $4,723,039 | $2,865,292 |
| Long-term investments | $275 | $275 | $275 | $275 | $275 |
| Fixed assets | $2,389 | $4,325 | $3,928 | $6,210 | $6,242 |
| Other long-term assets | $6,851,863 | $2,076,342 | $1,606,975 | $1,481,574 | $1,391,268 |
| Total long-term assets | $6,854,527 | $2,080,942 | $1,611,178 | $1,488,059 | $1,397,785 |
| Total assets | $17,542,917 | $17,968,260 | $12,208,514 | $6,211,098 | $4,263,077 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $381,680 | $261,662 | $221,255 | $272,628 | $241,369 |
| Other current liabilities | $65,445 | $84,249 | $101,989 | $0 | $0 |
| Total current liabilities | $447,125 | $345,911 | $323,244 | $272,628 | $241,369 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1,500,000 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $1,500,000 | $0 | $0 | $0 | $0 |
| Total liabilities | $1,947,125 | $345,911 | $323,244 | $272,628 | $241,369 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $12,895,879 | $11,365,568 | $5,598,986 | $2,789,117 | $3,224,272 |
| With donor restrictions | $2,699,913 | $6,256,781 | $6,286,284 | $3,149,353 | $797,436 |
| Net assets | $15,595,792 | $17,622,349 | $11,885,270 | $5,938,470 | $4,021,708 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $41,308,219 | $36,932,006 | $28,062,920 | $21,103,073 | $18,554,765 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $149,362 | $685,384 | $734,560 | $9,333 | $47,780 |
| Other revenue | $0 | ($15,387) | $0 | $0 | $36,200 |
| Total other revenue | $149,362 | $669,997 | $734,560 | $9,333 | $83,980 |
| Total revenue | $41,457,581 | $37,602,003 | $28,797,480 | $21,112,406 | $18,638,745 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $37,873,798 | $30,131,702 | $20,847,658 | $17,267,935 | $16,221,827 |
| Management and general | $1,440,555 | $1,296,930 | $1,012,949 | $792,709 | $707,799 |
| Fundraising | $1,035,156 | $986,017 | $1,283,906 | $1,208,595 | $1,298,985 |
| Total expenses | $40,349,509 | $32,414,649 | $23,144,513 | $19,269,239 | $18,228,611 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $1,108,072 | $5,187,354 | $5,652,967 | $1,843,167 | $410,134 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,108,072 | $5,187,354 | $5,652,967 | $1,843,167 | $410,134 |
Compensation
| Name | Title | Compensation |
| T Cramer | Project Management | $174,750 |
| D Harriman | Rd Consultant | $160,000 |
Compensation data as of: 12/31/2022
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 11/26/2024. To update the information below, please email: [email protected]
History
Since its inception, SRG resource partners have provided nearly $300 million to equip more than 450 ministries and churches to share the gospel with millions of people throughout the Greater Middle East, including Pakistan and Afghanistan. This region is the heartland of Islam, with a population of more than 876 million persons, the vast majority of whom are Muslims. Moreover, it is one of the most under-resourced and least evangelized regions of the world, receiving less than an estimated one percent of all North American Protestant international giving. While experienced ministries recognize significant openness to the gospel, the region remains difficult -- 18 of the 23 countries SRG serves are countries where Christians face "very high" or "extreme" levels of persecution (Open Doors, 2023).