The Movement Foundation Inc.
The information on this page was last updated 1/30/2024. If you see errors or omissions, please email: [email protected]
Summary
Movement Foundation is the legal entity we work through to use our profits to uplift others - bringing life to our commitment to loving our neighbors as ourselves.
Contact information
Mailing address:
The Movement Foundation
8024 Calvin Hall Rd
Indian Land, SC 29707
Website: movementfoundation.org
Phone: (877)314-1499
Email: [email protected]
Organization details
EIN: 454230069
CEO/President: Casey Crawford
Chairman: Glenn Chambers
Board size: 5
Founder:
Ruling year: 2001
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
We exist to love and value people by leading a movement of change in our industry, in corporate culture, and in communities.
Mission statement
The Movement Foundation Inc's mission is to be a movement for positive change.
Statement of faith
Donor confidence score
Show donor confidence score detailsTransparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Foundations
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 269 of 1107 | 6 of 10 | |
Fund acquisition rating | 140 of 1108 | 5 of 10 | |
Resource allocation rating | 1042 of 1108 | 10 of 10 | |
Asset utilization rating | 19 of 1107 | 1 of 10 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 0% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 94% | 73% | 99% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 0% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 6% | 27% | 1% | 0% | 0% | 0% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 98% | 97% | 91% | 97% | 98% | 92% |
Spending ratio Spending ratio = Total expenses / Total revenue | 66% | 1893% | 12% | 88% | 125% | 19% |
Program output ratio Program output ratio = Program services / Total revenue | 65% | 1833% | 11% | 85% | 122% | 18% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 34% | -1793% | 88% | 12% | -25% | 81% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 13% | -209% | 72% | 8% | -37% | 87% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 2% | 3% | 9% | 3% | 2% | 8% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.31 | 2.19 | 0.10 | 0.59 | 1.84 | 0.20 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.31 | 1.45 | 6.08 | 1.13 | 1.05 | 1.02 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 0.43 | 3.19 | 0.62 | 0.66 | 1.93 | 0.20 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 490.62 | 143.75 | 1321.07 | 268.05 | 677.39 | 21.54 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.05 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 27.86 | 3.74 | 19.38 | 18.15 | 6.19 | 56.85 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 1% | 0% | 0% | 0% | 0% | 5% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 297% | 45% | 982% | 170% | 54% | 482% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $2,305,400 | $9,202,218 | $13,975,987 | $13,770,625 | $20,703,979 |
Receivables, inventories, prepaids | $73,789 | $404,630 | $502,282 | $384,218 | $91,130 |
Short-term investments | $11,772,228 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $14,151,417 | $9,606,848 | $14,478,269 | $14,154,843 | $20,795,109 |
Long-term investments | $5,567,703 | $48,117,924 | $1,572,053 | $634,976 | $356,446 |
Fixed assets | $0 | $0 | $0 | $0 | $0 |
Other long-term assets | $868,392 | $650,000 | $250,000 | $100,000 | $0 |
Total long-term assets | $6,436,095 | $48,767,924 | $1,822,053 | $734,976 | $356,446 |
Total assets | $20,587,512 | $58,374,772 | $16,300,322 | $14,889,819 | $21,151,555 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $98,445 | $7,272 | $54,014 | $20,896 | $965,523 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $98,445 | $7,272 | $54,014 | $20,896 | $965,523 |
Debt | $0 | $0 | $0 | $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 | $0 | $0 | $0 | $0 |
Total liabilities | $98,445 | $7,272 | $54,014 | $20,896 | $965,523 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $17,706,978 | $55,630,221 | $13,395,170 | $12,110,740 | $17,813,027 |
With donor restrictions | $2,782,089 | $2,737,279 | $2,851,138 | $2,758,183 | $2,373,005 |
Net assets | $20,489,067 | $58,367,500 | $16,246,308 | $14,868,923 | $20,186,032 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $1,729,628 | $47,611,114 | $10,862,004 | $21,954,900 | $21,844,262 |
Program service revenue | $167,074 | $89,643 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $487,743 | $0 | $0 | $0 | $0 |
Other revenue | $0 | $364,037 | $0 | $0 | $0 |
Total other revenue | $654,817 | $453,680 | $0 | $0 | $0 |
Total revenue | $2,384,445 | $48,064,794 | $10,862,004 | $21,954,900 | $21,844,262 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $43,702,304 | $5,395,261 | $9,235,987 | $26,893,355 | $3,866,325 |
Management and general | $1,440,098 | $548,341 | $301,111 | $492,478 | $318,989 |
Fundraising | $0 | $0 | $0 | $0 | $0 |
Total expenses | $45,142,402 | $5,943,602 | $9,537,098 | $27,385,833 | $4,185,314 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | ($42,757,957) | $42,121,192 | $1,324,906 | ($5,430,933) | $17,658,948 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | ($42,757,957) | $42,121,192 | $1,324,906 | ($5,430,933) | $17,658,948 |
Compensation
Name | Title | Compensation |
Kerri Ann Thomas | CEO, Movement Schools | $290,931 |
Tim Hurley | Executive Director | $271,608 |
Jenika Mullen | Superintendent | $188,658 |
Garrett McNeill | Project Manager | $175,603 |
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 1/30/2024. To update the information below, please email: [email protected]