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

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating585 of 111277 of 142
Fund acquisition rating339 of 111450 of 142
Resource allocation rating272 of 111433 of 142
Asset utilization rating1101 of 1112141 of 142

Financial ratios

Funding ratiosSector median20222021202020192018
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
99%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
1%25%26%18%9%7%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%91%89%91%91%89%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%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
1%9%8%-2%-1%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%82%415%17%29%29%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
8%7%7%7%6%9%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.350.714.403.4910.8812.23
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.2411.561.061.081.071.14
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.198.184.653.7811.6613.96
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.910.961.983.141.711.51
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.051.040.500.320.580.66
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.24-0.061.282.160.430.29
 
Solvency ratiosSector median20222021202020192018
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
67%12%2%-10%-3%-2%

Financials

Balance sheet
 
Assets20222021202020192018
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
 
Liabilities20222021202020192018
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 assets20222021202020192018
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
 
Revenue20222021202020192018
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
 
Expenses20222021202020192018
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 assets20222021202020192018
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.