Jack Van Impe Ministries
The information on this page was last updated 5/8/2023. If you see errors or omissions, please email: [email protected]
Summary
Dr. Jack Van Impe was promoted to Glory on January 18, 2020, but his vision and goal of reaching the world for Christ is still ongoing with Jack Van Impe Ministries.
Dr. Jack Van Impe has led more than 8 million to faith in Christ down through the years. He also has an impressive history of evangelistic ministry in large crusades and in partnership with well-known ministers such as W. A. Criswell, Dr. Robert Ketchem, Dr. Oswald J. Smith, Dr. Carl Baugh, Lance Latham, Dr. John Walvood, Dr. Billy Graham, Dr. Bob Jones II, Dr. Jerry Falwell, Dr. Torrey Johnson, M. R. DeHaan, Dr. Joseph Stowell, Sr., Charles Stanley, George Sweeting, Peter Marshall, Dr. J. Vernon McGee, Dr. Lee Roberson, Dr. Robert Cook, Jack Wyrsen, Dr. David Otis Fuller, Dr. Hyman Appleman, and many more!
Jack Van Impe Ministries offers a variety of life-changing programs that share the Gospel of the Lord Jesus Christ and prepare people for the latter days predicted in Bible prophecy, including:
Jack Van Impe Presents weekly half-hour TV program - touching lives in 247 nations of the world through broadcast television
The JVIM.com Internet portal
Bible-based video and audio teaching and printed materials.
Perhaps Today Magazine
And more
Contact information
Mailing address:
Jack Van Impe Ministries
PO Box 7004
Troy, MI 48007-7004
Website: jvim.com
Phone: (248) 852-2244
Email: [email protected]
Organization details
EIN: 381956052
CEO/President: Dr. Rexella Van Impe
Chairman:
Board size: 8
Founder: Dr. Jack Van Impe
Ruling year: 1971
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
Dr. Jack Van Impe was promoted to Glory on January 18, 2020, but his vision and goal of reaching the world for Christ is still ongoing with Jack Van Impe Ministries.
Mission statement
To spread the Gospel of Jesus Christ (I Corinthians 15:3,4), the message of His soon return (Titus 2:13), and the truth of the Bible (II Timothy 3:16) to all peoples in all nations (Acts 1:8) using all available resources to bring Him honor and glory (Colossians 1:18).
Proverbs 3:6: In all thy ways acknowledge Him, and He shall direct thy paths(KJV).
Statement of faith
We believe in the verbal inspiration of the Bible, both the Old and New Testaments; the Trinity of the Godhead; the creation of man by the direct act of God; the fall of man and his need for redemption; the Deity, Incarnation, and Virgin Birth of our Lord and Savior Jesus Christ; His vicarious atonement for the sins of mankind by the shedding of His blood on the Cross; the Resurrection of His body from the tomb; His ascension into heaven; His personal, imminent return; the Deity of the Holy Spirit; justification of the believer by grace through faith; a literal devil who is our adversary; a literal heaven for the redeemed and a literal hell for the lost; the infallible rule of interpretation of Scripture to be Scripture itself; and the requirement of implicit obedience to the expressed commands of Christ as the standard by which He will judge our love to Him.
Donor confidence score
Show donor confidence score detailsTransparency grade
D
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Financial efficiency ratings
Sector: Educational Media
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 1092 of 1115 | 46 of 46 | |
Fund acquisition rating | 1047 of 1116 | 45 of 46 | |
Resource allocation rating | 1094 of 1116 | 46 of 46 | |
Asset utilization rating | 820 of 1115 | 34 of 46 |
Financial ratios
Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 21% | 20% | 16% | 15% | 13% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 19% | 18% | 14% | 14% | 12% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 88% | 88% | 87% | 93% | 93% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 20% | 21% | 22% | 17% | 17% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 12% | 12% | 13% | 7% | 7% |
Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 59% | 58% | 56% | 70% | 64% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 95% | 85% | 66% | 83% | 68% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 56% | 50% | 37% | 59% | 44% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 5% | 15% | 34% | 17% | 32% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 2% | 5% | 16% | 14% | 26% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 21% | 21% | 22% | 13% | 19% |
Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.76 | 0.30 | 0.30 | 0.29 | 0.71 | 0.55 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.44 | 1.05 | 1.05 | 1.05 | 1.06 | 1.09 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.41 | 0.32 | 0.32 | 0.31 | 0.76 | 0.60 |
Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 14.79 | 77.10 | 140.68 | 147.20 | 138.13 | 150.89 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 7.32 | 37.15 | 37.40 | 38.48 | 15.73 | 19.80 |
Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 2% | 1% | 1% | 1% | 1% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 103% | 323% | 325% | 335% | 138% | 179% |
Financials
Balance sheet | |||||
Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Cash | $146,084 | $0 | $148,442 | $286,027 | $2,246,701 |
Receivables, inventories, prepaids | $282,532 | $134,855 | $166,302 | $1,016,260 | $341,649 |
Short-term investments | $10,911,067 | $11,205,543 | $10,523,020 | $7,784,827 | $4,970,471 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $11,339,683 | $11,340,398 | $10,837,764 | $9,087,114 | $7,558,821 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $497,380 | $523,122 | $551,925 | $537,244 | $663,944 |
Other long-term assets | $60,749 | $18,995 | $21,109 | $26,369 | $44,354 |
Total long-term assets | $558,129 | $542,117 | $573,034 | $563,613 | $708,298 |
Total assets | $11,897,812 | $11,882,515 | $11,410,798 | $9,650,727 | $8,267,119 |
Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
Payables and accrued expenses | $147,087 | $80,611 | $73,625 | $65,785 | $50,094 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $147,087 | $80,611 | $73,625 | $65,785 | $50,094 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $87,720 | $72,440 | $80,177 | $73,563 | $67,052 |
Total long-term liabilities | $87,720 | $72,440 | $80,177 | $73,563 | $67,052 |
Total liabilities | $234,807 | $153,051 | $153,802 | $139,348 | $117,146 |
Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Without donor restrictions | $11,663,005 | $11,722,542 | $11,231,219 | $8,729,723 | $8,149,973 |
With donor restrictions | $0 | $6,922 | $25,777 | $781,656 | $0 |
Net assets | $11,663,005 | $11,729,464 | $11,256,996 | $9,511,379 | $8,149,973 |
Revenues and expenses | |||||
Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
Total contributions | $3,337,296 | $3,743,253 | $4,462,116 | $7,656,119 | $6,192,086 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $206,873 | $120,186 | $143,057 | $179,754 | $106,528 |
Other revenue | $266,536 | $369,963 | $513,241 | $417,534 | $384,236 |
Total other revenue | $473,409 | $490,149 | $656,298 | $597,288 | $490,764 |
Total revenue | $3,810,705 | $4,233,402 | $5,118,414 | $8,253,407 | $6,682,850 |
Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
Program services | $2,141,266 | $2,110,257 | $1,889,581 | $4,837,557 | $2,930,024 |
Management and general | $764,213 | $753,150 | $737,672 | $866,100 | $844,600 |
Fundraising | $709,795 | $749,444 | $729,709 | $1,176,551 | $776,572 |
Total expenses | $3,615,274 | $3,612,851 | $3,356,962 | $6,880,208 | $4,551,196 |
Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Surplus (deficit) | $195,431 | $620,551 | $1,761,452 | $1,373,199 | $2,131,654 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $195,431 | $620,551 | $1,761,452 | $1,373,199 | $2,131,654 |
Compensation
Name | Title | Compensation |
Dr Rexella van Impe | President | $188,299 |
Dr Kenneth Vancil | Executive Di | $104,359 |
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 5/8/2023. To update the information below, please email: [email protected]