Reach the Forgotten Jail Ministry

The information on this page was last updated 4/8/2023. If you see errors or omissions, please email: [email protected]


Summary

Bringing the Good News to the Forgotten


Contact information

Mailing address:
Reach the Forgotten Jail Ministry
1480 Buchanan Ave
SW Grand Rapids, MI 49507

Website: jailministry.org

Phone: 616-784-4620

Email: [email protected]


Organization details

EIN: 381813208

CEO/President: Nate DeWard

Chairman: Robert Ellis

Board size: 9

Founder:

Ruling year: 1966

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2014


Purpose

Our vision is for every incarcerated person to experience new life in Christ and develop healthy family, church, and community relationships.


Mission statement

Our mission is to provide Christ-centered hope and healing through biblically-based, chaplain led, volunteer jail ministries.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating864 of 1077104 of 142
Fund acquisition rating961 of 1078115 of 142
Resource allocation rating927 of 1078122 of 142
Asset utilization rating327 of 107742 of 142

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%11%8%9%10%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%11%8%9%10%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%92%100%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%12%12%10%10%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%8%0%0%0%0%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%71%71%71%80%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
87%84%66%92%96%96%
Program output ratio Program output ratio =
Program services /
Total revenue
69%60%47%66%77%78%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
13%16%34%8%4%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
18%26%68%35%26%39%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%17%17%18%10%9%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.871.331.022.225.105.89
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.601.161.181.101.241.35
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.641.541.202.456.347.94
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.1814.1816.0710.623.192.47
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.070.060.090.310.41
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.757.249.394.431.300.90
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%6%23%47%25%30%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%18%38%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
89%71%76%24%15%12%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$1,018,276$938,352$633,407$252,223$168,558
Receivables, inventories, prepaids$434,691$430,138$37,216$24,621$27,322
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,452,967$1,368,490$670,623$276,844$195,880
Long-term investments$0$0$0$0$0
Fixed assets$233,332$195,680$70,161$67,195$68,185
Other long-term assets$0$48,314$0$0$0
Total long-term assets$233,332$243,994$70,161$67,195$68,185
Total assets$1,686,299$1,612,484$740,784$344,039$264,065
 
Liabilities20222021202020192018
Payables and accrued expenses$102,459$85,151$63,170$86,652$79,418
Other current liabilities$0$0$0$0$0
Total current liabilities$102,459$85,151$63,170$86,652$79,418
Debt$0$283,345$283,345$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$283,345$283,345$0$0
Total liabilities$102,459$368,496$346,515$86,652$79,418
 
Net assets20222021202020192018
Without donor restrictions$1,482,515$1,157,979$285,662$174,370$151,910
With donor restrictions$101,325$86,009$108,607$83,017$32,737
Net assets$1,583,840$1,243,988$394,269$257,387$184,647
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$2,443,323$2,483,874$1,780,269$1,820,589$1,628,557
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$210,838$1,574$775$847$185
Other revenue$0$0$0$0$0
Total other revenue$210,838$1,574$775$847$185
Total revenue$2,654,161$2,485,448$1,781,044$1,821,436$1,628,742
 
Expenses20222021202020192018
Program services$1,582,510$1,164,788$1,171,272$1,396,145$1,263,518
Management and general$377,212$273,729$303,989$177,708$145,111
Fundraising$279,718$201,704$169,071$181,742$147,503
Total expenses$2,239,440$1,640,221$1,644,332$1,755,595$1,556,132
 
Change in net assets20222021202020192018
Surplus (deficit)$414,721$845,227$136,712$65,841$72,610
Other changes in net assets$0$0$0$0$0
Total change in net assets$414,721$845,227$136,712$65,841$72,610

Compensation

NameTitleCompensation
Nathan DewardExecutive Director$80,831

Compensation data as of: 6/30/2020


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 4/8/2023. To update the information below, please email: [email protected]


History


Program accomplishments

Over 2,000 Volunteers serve in jails across Michigan

Over 15,000 Bibles distributed each year

Over 16,000 Bible courses completed each year


Needs