YWAM Ships Kona 
The information on this page was last updated 3/1/2024. If you see errors or omissions, please email: [email protected]
Summary
YWAM Ship Kona is one location in the growing network known as YWAM Ships. This network represents independent vessels in many global YWAM locations. These vessels are named and operated uniquely and are varied in shape and size. Together we share in YWAM's vision of seeing 40 ships linking the resources and innovations of YWAM's University of the Nations to the needs of people via the port cities, rivers and beaches of the world. Each YWAM Ships location is a separate organization with its own board of directors and local structure. We are linked through relationships. We are a movement of volunteers, primarily made up young people.
Contact information
Mailing address:
YWAM Ships Kona
75-5687 Alii Drive
Kailua-Kona, HI 96740
Website: ywamshipskona.org
Phone: (808) 757-9150
Email: [email protected]
Organization details
EIN: 453452689
CEO/President: Brett Curtis
Chairman: Brett Curtis
Board size: 7
Founder: Brett Curtis
Ruling year: 2012
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2017
Purpose
Using ships to serve is not just a good option for these locations, it is the ONLY option. Islands without airports, and shorelines with no roads or bridge access, are limited to ships able to reach them and provide services.
A primary goal is to reach remote Pacifica islands without airports. It can take weeks to sail to remote islands across the vast ocean. The Big Island of Hawaii is ideally situated in the great expanse of the Pacific Ocean to achieve this mission.
The YWAM Ships Kona training and logistics center, known as Port YWAM, was a former hotel nestled right in downtown Kailua-Kona. Port YWAM sits across from the pier where the first missionaries arrived in Hawaii in 1820, and where in the latter 1800s, five different missionary ships known as Morning Star I through Morning Star V were sent out from Kona to serve in Pacifica. It is a historic legacy that continues today with a new generation of seafarers committed to fulfilling the great tradition of Hawaii serving the islands of the Pacific. This campus is our primary training and field support facility. We are also just one mile from the University of the Nations Kona campus, our "twin" in ministry.
Mission statement
YWAM Ships Kona exists to serve isolated islands and remote shoreline villages through health and healing services.
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 615 of 1118 | 76 of 140 |
| Fund acquisition rating | | 344 of 1119 | 50 of 140 |
| Resource allocation rating | | 311 of 1119 | 33 of 140 |
| Asset utilization rating | | 1104 of 1118 | 138 of 140 |
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% | 4% | 3% | 3% | 3% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 3% | 3% | 2% | 3% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 75% | 74% | 82% | 91% | 93% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 3% | 3% | 2% | 3% | 3% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 25% | 26% | 18% | 9% | 7% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 91% | 89% | 91% | 91% | 89% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 91% | 92% | 102% | 101% | 100% |
Program output ratio Program output ratio = Program services / Total revenue | 84% | 83% | 82% | 93% | 92% | 89% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 9% | 8% | -2% | -1% | 0% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | 82% | 415% | 17% | 29% | 29% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 7% | 7% | 7% | 6% | 9% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.34 | 0.71 | 4.40 | 3.49 | 10.88 | 12.23 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.27 | 11.56 | 1.06 | 1.08 | 1.07 | 1.14 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.14 | 8.18 | 4.65 | 3.78 | 11.66 | 13.96 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 17.61 | 0.96 | 1.98 | 3.14 | 1.71 | 1.51 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 1.04 | 0.50 | 0.32 | 0.58 | 0.66 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.24 | -0.06 | 1.28 | 2.16 | 0.43 | 0.29 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 92% | 91% | 134% | 129% | 120% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 82% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 68% | 12% | 2% | -10% | -3% | -2% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $613,827 | $896,883 | $207,287 | $168,672 | $97,211 |
| Receivables, inventories, prepaids | $181,972 | $520,657 | $1,045,281 | $1,054,747 | $1,079,804 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $795,799 | $1,417,540 | $1,252,568 | $1,223,419 | $1,177,015 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $8,354,675 | $79,411 | $105,545 | $87,143 | $166,495 |
| Other long-term assets | $45,500 | $0 | $0 | $0 | $0 |
| Total long-term assets | $8,400,175 | $79,411 | $105,545 | $87,143 | $166,495 |
| Total assets | $9,195,974 | $1,496,951 | $1,358,113 | $1,310,562 | $1,343,510 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $435,963 | $312,772 | $143,320 | $195,013 | $315,331 |
| Other current liabilities | $393,081 | $402,287 | $255,511 | $520,628 | $466,521 |
| Total current liabilities | $829,044 | $715,059 | $398,831 | $715,641 | $781,852 |
| Debt | $7,572,302 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $27,611 | $642,753 | $1,419,547 | $975,238 | $830,923 |
| Total long-term liabilities | $7,599,913 | $642,753 | $1,419,547 | $975,238 | $830,923 |
| Total liabilities | $8,428,957 | $1,357,812 | $1,818,378 | $1,690,879 | $1,612,775 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $767,017 | $139,139 | ($460,265) | ($380,317) | ($269,265) |
| With donor restrictions | $0 | $0 | $0 | $0 | $0 |
| Net assets | $767,017 | $139,139 | ($460,265) | ($380,317) | ($269,265) |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $5,350,743 | $5,318,006 | $3,799,272 | $12,876,879 | $15,291,270 |
| Program service revenue | $1,784,980 | $1,844,021 | $858,199 | $1,274,153 | $1,065,705 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $0 | $2,700 | $0 | $0 | ($921) |
| Other revenue | $0 | $0 | $0 | $0 | $0 |
| Total other revenue | $1,784,980 | $1,846,721 | $858,199 | $1,274,153 | $1,064,784 |
| Total revenue | $7,135,723 | $7,164,727 | $4,657,471 | $14,151,032 | $16,356,054 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $5,889,914 | $5,895,170 | $4,317,462 | $13,019,612 | $14,562,655 |
| Management and general | $431,703 | $492,612 | $312,347 | $866,854 | $1,416,015 |
| Fundraising | $186,228 | $199,429 | $107,610 | $375,618 | $456,449 |
| Total expenses | $6,507,845 | $6,587,211 | $4,737,419 | $14,262,084 | $16,435,119 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $627,878 | $577,516 | ($79,948) | ($111,052) | ($79,065) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $627,878 | $577,516 | ($79,948) | ($111,052) | ($79,065) |
Compensation
Compensation data for this ministry has not been collected.
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 3/1/2024. To update the information below, please email: [email protected]
History
Program accomplishments
Needs
Our staff are volunteers who raise their own funds to cover their costs. Your donation goes entirely towards our mission of reaching all people in every isolated location.