Strategic Resource Group

The information on this page was last updated 12/8/2023. 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: Yes

Member of ECFA since: 2005


Purpose


Mission statement


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating58 of 11022 of 35
Fund acquisition rating221 of 11035 of 35
Resource allocation rating246 of 11032 of 35
Asset utilization rating120 of 11023 of 35

Financial ratios

Funding ratiosSector median20222021202020192018
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
5%2%3%4%6%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%100%98%97%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%3%3%6%6%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%0%2%3%0%0%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%94%93%90%90%89%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%97%86%80%91%98%
Program output ratio Program output ratio =
Program services /
Total revenue
82%91%80%72%82%87%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%3%14%20%9%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%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 ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.172.301.801.903.104.28
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.401.641.131.151.321.49
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.623.782.042.184.086.36
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
39.3923.9045.9332.7817.3211.87
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.020.040.020.030.060.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.043.055.755.332.771.73
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
6%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
79%39%54%51%31%22%

Financials

Balance sheet
 
Assets20222021202020192018
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
 
Liabilities20222021202020192018
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 assets20222021202020192018
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
 
Revenue20222021202020192018
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
 
Expenses20222021202020192018
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 assets20222021202020192018
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

NameTitleCompensation
T CramerProject Management$174,750
D HarrimanRd 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 12/8/2023. To update the information below, please email: [email protected]


History


Program accomplishments


Needs