Shai Fund

The information on this page was last updated 3/27/2023. If you see errors or omissions, please email: [email protected]


Summary

Supporting those affected by war, conflict, disaster, persecution, and exploitation by partnering with local communities to provide urgent aid, practical support and humanitarian assistance.


Contact information

Mailing address:
Shai Fund
PO BOX 330858
Murfreesboro, TN 37133-0858

Website: theshaifund.org

Phone: (615) 669-7002

Email: [email protected]


Organization details

EIN: 471683585

CEO/President: Charmaine Hedding

Chairman: Charmaine Hedding

Board size: 4

Founder:

Ruling year: 2014

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Shai Fund is serving vulnerable people in high risk situations by providing:

Rescue and Medical Care

Food, Shelter, and Clean Water

Livelihoods and Education

Crisis and Disaster Response


Mission statement

Supporting those affected by war, conflict, disaster, persecution, and exploitation by partnering with local communities to provide urgent aid, practical support and humanitarian assistance.


Statement of faith

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating223 of 107725 of 140
Fund acquisition rating194 of 107830 of 140
Resource allocation rating172 of 107810 of 140
Asset utilization rating680 of 107783 of 140

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%2%3%2%6%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%2%3%2%6%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%100%100%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%3%3%4%8%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%0%0%0%0%0%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%95%89%87%76%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%66%105%46%81%84%
Program output ratio Program output ratio =
Program services /
Total revenue
75%63%93%40%62%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%34%-5%54%19%16%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
15%61%-3%62%16%17%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%2%8%9%17%7%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.150.880.720.420.690.73
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.181.001.001.001.051.09
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.640.880.720.430.730.80
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
23.963.7461.925.5442.705.91
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.040.270.020.180.020.17
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.6810.0016.4023.1016.1012.47
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
6%27%2%18%2%16%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
82%83%137%193%141%115%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$2,611,784$751,848$770,894$303,255$283,430
Receivables, inventories, prepaids$0$5,244$166,544$0$0
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,611,784$757,092$937,438$303,255$283,430
Long-term investments$0$0$0$0$0
Fixed assets$568$1,054$1,621$2,027$0
Other long-term assets$0$0$0$12,500$25,000
Total long-term assets$568$1,054$1,621$14,527$25,000
Total assets$2,612,352$758,146$939,059$317,782$308,430
 
Liabilities20212020201920182017
Payables and accrued expenses$699,142$12,227$169,226$7,102$47,972
Other current liabilities$0$0$0$0$0
Total current liabilities$699,142$12,227$169,226$7,102$47,972
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$699,142$12,227$169,226$7,102$47,972
 
Net assets20212020201920182017
Without donor restrictions$1,471,566$745,919$759,986$310,680$260,458
With donor restrictions$441,644$0$9,847$0$0
Net assets$1,913,210$745,919$769,833$310,680$260,458
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$3,462,257$521,138$876,690$270,741$270,953
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$38$86$63$277$0
Other revenue$0$0$0$0$0
Total other revenue$38$86$63$277$0
Total revenue$3,462,295$521,224$876,753$271,018$270,953
 
Expenses20212020201920182017
Program services$2,187,617$483,696$347,999$166,954$196,968
Management and general$35,505$43,775$35,799$36,619$16,905
Fundraising$71,882$17,667$15,218$17,223$12,683
Total expenses$2,295,004$545,138$399,016$220,796$226,556
 
Change in net assets20212020201920182017
Surplus (deficit)$1,167,291($23,914)$477,737$50,222$44,397
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,167,291($23,914)$477,737$50,222$44,397

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 3/27/2023. To update the information below, please email: [email protected]


History


Program accomplishments

Since 2014, Shai Fund has directly assisted over 170,000 people with practical and immediate assistance and created job opportunities and sustainable futures for thousands.


Needs