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
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: Yes
Member of ECFA since: 2005
Purpose
Mission statement
Statement of faith
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 | | 48 of 1106 | 2 of 35 |
| Fund acquisition rating | | 192 of 1107 | 4 of 35 |
| Resource allocation rating | | 199 of 1107 | 3 of 35 |
| Asset utilization rating | | 136 of 1106 | 4 of 35 |
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 | 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 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 | 83% | 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 | 1.17 | 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 | 1.33 | 1.64 | 1.13 | 1.15 | 1.32 | 1.49 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.69 | 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 | 39.03 | 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) | 6.59 | 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 | 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 | |||||
| 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 12/8/2023. To update the information below, please email: [email protected]