YWAM Colorado Springs Strategic Frontiers
The information on this page was last updated 10/24/2024. If you see errors or omissions, please email: [email protected]
Summary
We're a Youth With a Mission (YWAM) campus located in the heart of Colorado Springs, just 3 miles from beautiful hiking and adventuring and down the road from Garden of the Gods park.
Contact information
Mailing address:
YWAM Strategic Frontiers
505 Popes Bluff Trail
Colorado Springs, CO 80907
Website: ywamcos.org/
Phone: 800-367-9926
Email: [email protected]
Organization details
EIN: 460574785
CEO/President: Scott Homan
Chairman:
Board size: 0
Founder: Loren Cunningham, Darlene Cunningham
Ruling year: 2012
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2008
Purpose
YOUTH TRAINING AND PREPARATION OF STUDENTS FOR CHRISTIAN MISSION WORK.
Mission statement
To activate a youth mission movement to see revival and transformation among the least-reached.
Statement of faith
The Bible-We affirm the Bible as the inspired, infallible, and authoritative Word of God and the absolute reference point for every aspect of life and ministry.
The Trinity-We affirm the Trinity; God eternally exists as one God in three persons and that each member of the Godhead, Father, Son, Holy Ghost, are all fully and equally God.
Salvation-We reject universalism and the idea that all roads and religions lead to God and/or heaven. We believe Jesus is the only way, only truth, and only life, and that salvation can only come through believing in Him.
Sexuality-We believe in a historic, biblical sexual ethic; that sex and all sexual acts are something that God created for a biological man and a biological woman within the context of marriage; that all sexual immorality is not God's design, including all forms of lust, pornography, pedophilia, adultery, sexual acts outside of marriage, orgies, prostitution, sexual acts with the same gender, and forcing sex on another person.
Biblical Justice -We hold a biblical view of justice and reconciliation. We believe in caring for the oppressed, poor, marginalized, and refugees with active good works and sharing the Gospel so that each one has the opportunity to live the life God intends them to live.
Women in Ministry-We believe that the scriptures proclaim the role of women being gifted, able to lead, and hold any position of leadership when called and anointed by God.
We believe in the Apostles' Creed:
I believe in God, the Father Almighty, Creator of Heaven and earth.
I believe in Jesus Christ, His only Son, Our Lord,
conceived by the Holy Spirit and born of the Virgin Mary.
He suffered under Pontius Pilate, was crucified, died, and was buried;
He descended to the dead and on the third day He rose again.
He ascended into Heaven, and is seated at the right hand of God, the Father.
He will come to judge the living and the dead.
I believe in the Holy Spirit,
The Christian church
the communion of saints
the forgiveness of sins
the resurrection of the body
and life everlasting. Amen.
Donor confidence score
This organization does not file a Form 990.
Show donor confidence score detailsTransparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | 955 of 1117 | 88 of 108 | |
| Fund acquisition rating |  | 249 of 1118 | 25 of 108 |
| Resource allocation rating | | 1075 of 1118 | 101 of 108 |
| Asset utilization rating | | 1107 of 1117 | 107 of 108 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 2% | 2% | 2% | 3% | 4% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 2% | 1% | 1% | 3% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 90% | 73% | 75% | 59% | 72% | 73% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 2% | 2% | 2% | 3% | 3% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 10% | 27% | 25% | 41% | 28% | 27% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 60% | 49% | 64% | 84% | 82% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 76% | 84% | 72% | 89% | 95% |
Program output ratio Program output ratio = Program services / Total revenue | 83% | 45% | 41% | 46% | 75% | 79% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 24% | 16% | 28% | 11% | 5% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | 21% | 16% | 42% | 20% | 8% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 38% | 50% | 34% | 13% | 14% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.94 | 0.24 | 0.24 | 0.25 | 0.78 | 0.65 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.91 | 17.68 | 20.69 | 5.38 | 6.72 | 8.96 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.15 | 4.28 | 5.05 | 1.32 | 5.26 | 5.83 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.04 | 11.10 | 4.26 | 1.20 | 2.87 | 3.32 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.09 | 0.23 | 0.83 | 0.35 | 0.30 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.06 | 2.55 | 1.82 | 1.52 | 1.48 | 1.44 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 11% | 63% | 71% | 77% | 52% | 58% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 63% | 70% | 62% | 47% | 54% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 83% | 151% | 117% | 92% | 61% | 65% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $102,293 | $82,827 | $369,031 | $75,748 | $52,407 |
| Receivables, inventories, prepaids | $2,930 | $7,905 | $741 | $5,648 | $3,127 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $105,223 | $90,732 | $369,772 | $81,396 | $55,534 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $1,694,576 | $1,738,420 | $1,582,513 | $438,742 | $440,836 |
| Other long-term assets | $60,158 | $47,698 | $37,031 | $26,682 | $1,000 |
| Total long-term assets | $1,754,734 | $1,786,118 | $1,619,544 | $465,424 | $441,836 |
| Total assets | $1,859,957 | $1,876,850 | $1,989,316 | $546,820 | $497,370 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $9,482 | $21,316 | $11,762 | $3,408 | $16,726 |
| Other current liabilities | $0 | $0 | $296,000 | $25,000 | $0 |
| Total current liabilities | $9,482 | $21,316 | $307,762 | $28,408 | $16,726 |
| Debt | $1,170,517 | $1,317,324 | $1,231,134 | $254,863 | $269,726 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $275 | $275 | $625 | $625 | $325 |
| Total long-term liabilities | $1,170,792 | $1,317,599 | $1,231,759 | $255,488 | $270,051 |
| Total liabilities | $1,180,274 | $1,338,915 | $1,539,521 | $283,896 | $286,777 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $679,683 | $537,935 | $449,795 | $262,924 | $210,593 |
| With donor restrictions | $0 | $0 | $0 | $0 | $0 |
| Net assets | $679,683 | $537,935 | $449,795 | $262,924 | $210,593 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $432,628 | $412,051 | $396,415 | $347,357 | $249,257 |
| Program service revenue | $153,634 | $129,839 | $86,731 | $122,104 | $82,078 |
| Membership dues | $5,976 | $4,757 | $5,853 | $6,203 | $6,647 |
| Investment income | $56 | $0 | $187,327 | $9 | ($2,268) |
| Other revenue | $0 | $0 | $0 | $4,272 | $3,672 |
| Total other revenue | $159,666 | $134,596 | $279,911 | $132,588 | $90,129 |
| Total revenue | $592,294 | $546,647 | $676,326 | $479,945 | $339,386 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $268,926 | $222,874 | $314,416 | $361,008 | $266,878 |
| Management and general | $171,746 | $227,702 | $166,588 | $55,285 | $46,541 |
| Fundraising | $9,873 | $7,531 | $8,451 | $12,026 | $10,081 |
| Total expenses | $450,545 | $458,107 | $489,455 | $428,319 | $323,500 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $141,749 | $88,540 | $186,871 | $51,626 | $15,886 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $141,749 | $88,540 | $186,871 | $51,626 | $15,886 |
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 10/24/2024. To update the information below, please email: [email protected]