Strategic Resource Group

The information on this page was last updated 4/7/2023. 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:


Purpose


Mission statement


Statement of faith

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 rating96 of 10852 of 34
Fund acquisition rating227 of 10888 of 34
Resource allocation rating254 of 10883 of 34
Asset utilization rating216 of 10858 of 34

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%3%5%6%7%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%3%4%6%7%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
97%98%97%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%3%6%6%7%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
3%2%3%0%0%0%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%93%90%90%89%90%
Spending ratio Spending ratio =
Total expenses /
Total revenue
91%86%80%91%98%101%
Program output ratio Program output ratio =
Program services /
Total revenue
78%80%72%82%87%91%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
9%14%20%9%2%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%29%48%31%10%-4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%4%4%4%4%2%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.021.801.903.104.284.47
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.271.131.151.321.491.75
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.442.042.184.086.367.82
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
41.7845.9332.7817.3211.877.18
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.020.020.030.060.080.14
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.165.755.332.771.731.32
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
5%2%3%4%6%8%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
94%54%51%31%22%21%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$7,690,065$8,252,602$4,356,423$2,774,262$2,139,091
Receivables, inventories, prepaids$109,755$108,376$51,216$91,030$105,178
Short-term investments$8,087,498$2,236,358$315,400$0$0
Other current assets$0$0$0$0$0
Total current assets$15,887,318$10,597,336$4,723,039$2,865,292$2,244,269
Long-term investments$275$275$275$275$275
Fixed assets$4,325$3,928$6,210$6,242$3,792
Other long-term assets$2,076,342$1,606,975$1,481,574$1,391,268$1,675,958
Total long-term assets$2,080,942$1,611,178$1,488,059$1,397,785$1,680,025
Total assets$17,968,260$12,208,514$6,211,098$4,263,077$3,924,294
 
Liabilities20212020201920182017
Payables and accrued expenses$261,662$221,255$272,628$241,369$312,720
Other current liabilities$84,249$101,989$0$0$0
Total current liabilities$345,911$323,244$272,628$241,369$312,720
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$345,911$323,244$272,628$241,369$312,720
 
Net assets20212020201920182017
Without donor restrictions$11,365,568$5,598,986$2,789,117$3,224,272$263,491
With donor restrictions$6,256,781$6,286,284$3,149,353$797,436$3,348,083
Net assets$17,622,349$11,885,270$5,938,470$4,021,708$3,611,574
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$36,932,006$28,062,920$21,103,073$18,554,765$17,426,646
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$685,384$734,560$9,333$47,780($31,365)
Other revenue($15,387)$0$0$36,200$11,910
Total other revenue$669,997$734,560$9,333$83,980($19,455)
Total revenue$37,602,003$28,797,480$21,112,406$18,638,745$17,407,191
 
Expenses20212020201920182017
Program services$30,131,702$20,847,658$17,267,935$16,221,827$15,853,235
Management and general$1,296,930$1,012,949$792,709$707,799$368,044
Fundraising$986,017$1,283,906$1,208,595$1,298,985$1,337,471
Total expenses$32,414,649$23,144,513$19,269,239$18,228,611$17,558,750
 
Change in net assets20212020201920182017
Surplus (deficit)$5,187,354$5,652,967$1,843,167$410,134($151,559)
Other changes in net assets$0$0$0$0$0
Total change in net assets$5,187,354$5,652,967$1,843,167$410,134($151,559)

Compensation

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

Compensation data as of: 12/31/2021


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 4/7/2023. To update the information below, please email: [email protected]


History


Program accomplishments


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