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
Phone:
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
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Evangelism Support
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | ![]() ![]() ![]() ![]() | 244 of 1094 | 12 of 47 |
Fund acquisition rating | ![]() ![]() ![]() | 628 of 1097 | 26 of 47 |
Resource allocation rating | ![]() ![]() ![]() ![]() | 418 of 1097 | 13 of 47 |
Asset utilization rating | ![]() ![]() ![]() ![]() ![]() | 80 of 1094 | 4 of 47 |
Financial ratios
Funding ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
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 ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
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 ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.20 | 3.10 | 4.28 | 4.47 | 3.76 | 2.52 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.32 | 1.32 | 1.49 | 1.75 | 1.46 | 1.84 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.69 | 4.08 | 6.36 | 7.82 | 5.51 | 4.66 |
Liquidity ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 33.37 | 17.32 | 11.87 | 7.18 | 9.97 | 26.62 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.02 | 0.06 | 0.08 | 0.14 | 0.10 | 0.04 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.94 | 2.77 | 1.73 | 1.32 | 1.96 | 2.48 |
Solvency ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
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 | |||||
Assets | 2019 | 2018 | 2017 | 2016 | 2015 |
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 |
Liabilities | 2019 | 2018 | 2017 | 2016 | 2015 |
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 assets | 2019 | 2018 | 2017 | 2016 | 2015 |
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 | |||||
Revenue | 2019 | 2018 | 2017 | 2016 | 2015 |
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 |
Expenses | 2019 | 2018 | 2017 | 2016 | 2015 |
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 assets | 2019 | 2018 | 2017 | 2016 | 2015 |
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
Name | Title | Compensation |
D Harriman | Rd Consultant | $150,000 |
T Cramer | Strategic 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]