Strategic Resource Group

The information on this page was last updated 2/13/2023. 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

Website:

Phone:

Email:


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: No

Member of ECFA since:


Purpose


Mission statement


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating244 of 109412 of 47
Fund acquisition rating628 of 109726 of 47
Resource allocation rating418 of 109713 of 47
Asset utilization rating80 of 10944 of 47

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%6%7%8%7%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%6%7%8%7%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
96%100%100%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%6%7%8%6%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
4%0%0%0%0%0%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%90%89%90%92%90%
Spending ratio Spending ratio =
Total expenses /
Total revenue
91%91%98%101%109%103%
Program output ratio Program output ratio =
Program services /
Total revenue
78%82%87%91%100%92%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
9%9%2%-1%-9%-3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
10%31%10%-4%-33%-7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%4%4%2%2%3%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.203.104.284.473.762.52
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.321.321.491.751.461.84
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.694.086.367.825.514.66
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
33.3717.3211.877.189.9726.62
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.020.060.080.140.100.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.942.771.731.321.962.48
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
4%4%6%8%7%2%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
78%31%22%21%25%39%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$4,356,423$2,774,262$2,139,091$2,111,472$2,156,820
Receivables, inventories, prepaids$51,216$91,030$105,178$647,241$607,744
Short-term investments$315,400$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$4,723,039$2,865,292$2,244,269$2,758,713$2,764,564
Long-term investments$275$275$275$275$275
Fixed assets$6,210$6,242$3,792$5,902$10,418
Other long-term assets$1,481,574$1,391,268$1,675,958$1,275,003$2,325,000
Total long-term assets$1,488,059$1,397,785$1,680,025$1,281,180$2,335,693
Total assets$6,211,098$4,263,077$3,924,294$4,039,893$5,100,257
 
Liabilities20192018201720162015
Payables and accrued expenses$272,628$241,369$312,720$276,760$103,855
Other current liabilities$0$0$0$0$0
Total current liabilities$272,628$241,369$312,720$276,760$103,855
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$272,628$241,369$312,720$276,760$103,855
 
Net assets20192018201720162015
Without donor restrictions$2,789,117$3,224,272$263,491$312,911$137,277
With donor restrictions$3,149,353$797,436$3,348,083$3,450,222$4,859,125
Net assets$5,938,470$4,021,708$3,611,574$3,763,133$4,996,402
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$21,103,073$18,554,765$17,426,646$13,930,193$12,480,811
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$9,333$47,780($31,365)$30,690$19,325
Other revenue$0$36,200$11,910$0$0
Total other revenue$9,333$83,980($19,455)$30,690$19,325
Total revenue$21,112,406$18,638,745$17,407,191$13,960,883$12,500,136
 
Expenses20192018201720162015
Program services$17,267,935$16,221,827$15,853,235$13,939,906$11,527,797
Management and general$792,709$707,799$368,044$337,007$438,562
Fundraising$1,208,595$1,298,985$1,337,471$917,239$904,974
Total expenses$19,269,239$18,228,611$17,558,750$15,194,152$12,871,333
 
Change in net assets20192018201720162015
Surplus (deficit)$1,843,167$410,134($151,559)($1,233,269)($371,197)
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,843,167$410,134($151,559)($1,233,269)($371,197)

Compensation

NameTitleCompensation
D HarrimanRd Consultant$150,000
T CramerStrategic Services$138,000

Compensation data as of: 12/31/2019


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 2/13/2023. To update the information below, please email: [email protected]


History


Program accomplishments


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