CBMC, Inc. 
The information on this page was last updated 5/31/2023. If you see errors or omissions, please email: [email protected]
Summary
Christian Business Men's Connection is a global men's ministry, founded during the Great Depression, that equips business and professional men to lead well, impact their communities and engage The Great Commission. Today, men are experiencing authentic relationships that result in Christ-led businesses and Christ-centered families.
Contact information
Mailing address:
CBMC Inc.
PO Box 8009
Chattanooga, TN 37414-0009
Website: cbmc.com
Phone: (423) 698-4444
Email: [email protected]
Organization details
EIN: 362004402
CEO/President: David Meyers
Chairman: Dirk Block
Board size: 12
Founder: Christian businessmen
Ruling year: 1976
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 1979
Purpose
Christian Business Men's Connection is set apart as a unique marketplace ministry through relational one-on-one discipleship. Men are investing in other men, praying for each other, and intentionally engaging their lives to build spiritual reproducers. CBMC values men being actively engaged in their families, work, and communities by providing a network of teams that equip and train them to be on mission, with a purpose.
Our vision is for all Men in our Movement to Experience: The Power of One God, The Value of One Man, The Leverage of One Team Resulting in Spiritual Reproduction among Businessmen throughout the World.
Mission statement
Our mission is to present Jesus Christ as Savior and Lord to business and professional men and to develop Christian business and professional men to carry out the Great Commission.
CBMC exists to point marketplace men to Christ allowing the Gospel to transform them into marketplace ambassadors. Reaching men in the marketplace with the Gospel and equipping them for kingdom impact in their life and work, is now more relevant than ever. As men seek to live lives of significance, CBMC stands ready to share the hope of the Gospel and provide effective tools necessary for spiritual growth.
Statement of faith
Section 1. We believe in the Scripture of the Old and New Testament as verbally inspired by God and inerrant in the original writings, and that they are of supreme and final authority in faith and life.
Section 2. We believe in one God, eternally existing in three persons: Father, Son and Holy Spirit.
Section 3. We believe that Jesus Christ was begotten by the Holy Spirit, and born of the Virgin Mary and is true God and true man.
Section 4. We believe that man was created in the image of God; that he sinned, and thereby incurred not only physical death, but also spiritual death which is separation from God; and that all human beings are born with a sinful nature, and are sinners in thought, word and deed.
Section 5. We believe that the Lord Jesus Christ died for our sins according to the Scriptures, as a representative and substitutionary sacrifice; and that all who believe in Him are justified on the grounds of His shed blood.
Section 6. We believe in the resurrection of the crucified body of our Lord, in His ascension into Heaven and in His present life there for us as High Priest and Advocate.
Section 7. We believe in "That blessed hope", the personal and imminent return of our Lord and Savior, Jesus Christ.
Section 8. We believe that all who receive by faith the Lord Jesus Christ are born again of the Holy Spirit and thereby become children of God. Further, we believe in the eternal security of the believer.
Section 9. We believe in the bodily resurrection of the just and unjust, the everlasting blessedness of the saved, and the everlasting conscious punishment of the lost.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Fellowship Evangelism
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 953 of 1117 | 29 of 32 |
| Fund acquisition rating | | 779 of 1118 | 24 of 32 |
| Resource allocation rating | | 835 of 1118 | 26 of 32 |
| Asset utilization rating | | 809 of 1117 | 20 of 32 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 11% | 11% | 12% | 7% | 9% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 8% | 8% | 9% | 6% | 6% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 84% | 68% | 72% | 73% | 80% | 73% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 8% | 9% | 9% | 7% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 16% | 32% | 28% | 27% | 20% | 27% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 76% | 81% | 81% | 73% | 73% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 98% | 90% | 95% | 86% | 96% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 74% | 73% | 77% | 63% | 70% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 2% | 10% | 5% | 14% | 4% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 8% | 2% | 13% | 6% | 19% | 7% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 17% | 10% | 10% | 21% | 21% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.08 | 1.09 | 1.09 | 1.19 | 1.15 | 1.61 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.43 | 5.12 | 3.00 | 3.87 | 3.10 | 3.68 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.79 | 5.58 | 3.27 | 4.62 | 3.58 | 5.93 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 10.84 | 4.10 | 8.65 | 5.71 | 6.45 | 4.04 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.09 | 0.24 | 0.12 | 0.18 | 0.16 | 0.25 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.91 | 1.63 | 3.25 | 2.14 | 2.83 | 1.52 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 7% | 8% | 5% | 5% | 7% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 84% | 86% | 85% | 80% | 82% | 58% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $1,890,455 | $2,119,741 | $1,572,640 | $1,728,910 | $1,496,498 |
| Receivables, inventories, prepaids | $25,075 | $1,048,905 | $655,805 | $854,726 | $255,711 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,915,530 | $3,168,646 | $2,228,445 | $2,583,636 | $1,752,209 |
| Long-term investments | $7,028,027 | $5,775,207 | $6,206,092 | $5,295,716 | $4,481,790 |
| Fixed assets | $125,455 | $148,279 | $171,480 | $114,454 | $106,550 |
| Other long-term assets | $746,132 | $420,956 | $28,898 | $27,756 | $106,367 |
| Total long-term assets | $7,899,614 | $6,344,442 | $6,406,470 | $5,437,926 | $4,694,707 |
| Total assets | $9,815,144 | $9,513,088 | $8,634,915 | $8,021,562 | $6,446,916 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $467,328 | $366,510 | $390,107 | $400,669 | $433,546 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $467,328 | $366,510 | $390,107 | $400,669 | $433,546 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $179,868 | $398,557 | $3,649 | $3,649 | $3,649 |
| Total long-term liabilities | $179,868 | $398,557 | $3,649 | $3,649 | $3,649 |
| Total liabilities | $647,196 | $765,067 | $393,756 | $404,318 | $437,195 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $2,747,989 | $2,057,686 | $2,289,489 | $2,720,465 | $1,941,181 |
| With donor restrictions | $6,419,959 | $6,690,335 | $5,951,670 | $4,896,779 | $4,068,540 |
| Net assets | $9,167,948 | $8,748,021 | $8,241,159 | $7,617,244 | $6,009,721 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $7,410,617 | $8,234,606 | $7,871,421 | $8,573,120 | $7,925,060 |
| Program service revenue | $2,444,876 | $2,312,910 | $2,754,823 | $2,004,823 | $2,721,156 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $298,242 | $150,518 | $167,467 | $133,155 | $118,386 |
| Other revenue | $733,170 | $754,054 | $0 | $7,650 | $52,742 |
| Total other revenue | $3,476,288 | $3,217,482 | $2,922,290 | $2,145,628 | $2,892,284 |
| Total revenue | $10,886,905 | $11,452,088 | $10,793,711 | $10,718,748 | $10,817,344 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $8,088,684 | $8,408,282 | $8,294,838 | $6,732,312 | $7,552,660 |
| Management and general | $1,770,103 | $1,043,440 | $1,040,868 | $1,897,385 | $2,141,808 |
| Fundraising | $827,580 | $894,284 | $958,439 | $612,579 | $691,490 |
| Total expenses | $10,686,367 | $10,346,006 | $10,294,145 | $9,242,276 | $10,385,958 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $200,538 | $1,106,082 | $499,566 | $1,476,472 | $431,386 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $200,538 | $1,106,082 | $499,566 | $1,476,472 | $431,386 |
Compensation
| Name | Title | Compensation |
| David Meyers | President | $243,324 |
| Donald Hoffert | Field Staff | $158,418 |
| Stanley Bower | Area Director | $135,656 |
| Alan Smith | Field Staff | $135,505 |
| Doug Gascay | CFO | $133,319 |
| David Balinski | Field Staff | $125,340 |
| Martin Campfield | Donor Relations Officer | $125,307 |
Compensation data as of: 12/31/2023
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 5/31/2023. To update the information below, please email: [email protected]
History
CBMC began in 1930 as Christian Business Men's Committee in the United States in 1930, when a small group of Christian businessmen coordinated a series of pre-Easter prayer rallies. With the Great Depression in its second year, these men saw an urgent need for spiritual revival and took it upon themselves to plan a six-week evangelistic series of meetings at the Garrick Theater, in the Chicago loop area. Public response to the first gathering on January 6, 1931, was overwhelming, as more than 800 packed into the 800-seat facility for all six sessions. As the meetings were drawing to a close, the downtown Chicago business community wanted to continue the gatherings as more and more men were experiencing life change through their newfound relationship with Christ.
Similar groups were soon popping all over the nation: Atlanta, Washington, DC, Orange County, California, and many other large, medium, and small cities began staging their own version of these outreaches. The ministry moved its Support Center from Chicago to Chattanooga in the 1970's. As the years passed, the work spread across the United States to fulfill an insatiable need for a personal relationship with Jesus Christ.
The decade of the 70's also saw the first release of a remarkable tool, known as Operation Timothy. There was a felt need for a discipleship tool to help men ignite their walk with Christ. OT was designed to be used for one-on-one applications where a mentor (whom we call a Paul, sits down with someone wishing to know more (a Timothy) and together they embark upon a transformational journey of exploring Christ's word.
In the 1990's, CBMC officially changed its name to Christian Business Men's Connection, but no matter what the name, there have been tens of thousands of intentional businessmen that have made this ministry thrive. These businessmen embraced two core beliefs: share the gospel with those who don't know the Good News and then go and make disciples: Be intentional about carrying out The Great Commission. (Matthew 28:19).
In the past few years, Operation Timothy has gone digital; likewise Living Proof, a reality-based video series was created to help share the gospel in a natural, caring, and Bible-centered lifestyle now called Living Proof Adventure.
Program accomplishments
Needs
CBMC encourages people to contact them and get involved in a local committee in your state. Contact CBMC for more information or visit their web site at www.cbmc.com