Christian Relief International/Nexcus International 


The information on this page was last updated 9/18/2024. If you see errors or omissions, please email: [email protected]
Summary
An organization supporting Christians where they suffer persecution and/or discrimination as a consequence of their faith.
Contact information
Mailing address:
Nexcus International
80 ABBEYVILLE RD
Lancaster, PA 17603-4728
Website: Christianreliefintl.org
Phone: 703-288-1681
Organization details
EIN: 474235863
CEO/President: Hendrik Storm
Chairman: Patrick Sookheo
Board size: 8
Founder:
Ruling year: 2016
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
Mission statement
An organization supporting Christians where they suffer persecution and/or discrimination as a consequence of their faith.
Statement of faith
Donor confidence score
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Relief and Development
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | ![]() ![]() ![]() | 660 of 1107 | 58 of 104 |
Fund acquisition rating | ![]() ![]() ![]() ![]() ![]() | 120 of 1108 | 12 of 104 |
Resource allocation rating | ![]() ![]() | 796 of 1108 | 71 of 104 |
Asset utilization rating | ![]() | 902 of 1107 | 84 of 104 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 1% | 1% | 1% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 1% | 1% | 1% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 99% | 100% | 100% | 101% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 2% | 1% | 1% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 1% | 0% | 0% | -1% | 1% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 78% | 93% | 89% | 91% | 92% |
Spending ratio Spending ratio = Total expenses / Total revenue | 100% | 61% | 141% | 56% | 65% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 87% | 48% | 131% | 50% | 59% | 90% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 0% | 39% | -41% | 44% | 35% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 22% | -28% | 36% | 36% | 3% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 7% | 20% | 6% | 10% | 9% | 8% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.52 | 0.33 | 0.85 | 0.45 | 0.66 | 1.11 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.26 | 1.04 | 1.05 | 1.01 | 1.00 | 1.01 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.00 | 0.34 | 0.89 | 0.46 | 0.66 | 1.12 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.83 | 31.54 | 8.51 | 102.26 | 493.48 | 32.05 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.03 | 0.12 | 0.01 | 0.00 | 0.03 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.11 | 34.03 | 11.87 | 26.07 | 18.08 | 10.36 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 4% | 12% | 1% | 0% | 3% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 55% | 292% | 103% | 219% | 151% | 87% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $37,196,255 | $21,881,646 | $38,525,443 | $26,449,137 | $13,952,264 |
Receivables, inventories, prepaids | $8,469,380 | $16,900,210 | $7,394,657 | $2,791,443 | $2,338,029 |
Short-term investments | $0 | $0 | $0 | $0 | $2,978,260 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $45,665,635 | $38,781,856 | $45,920,100 | $29,240,580 | $19,268,553 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $1,320,310 | $1,358,502 | $273,610 | $81,541 | $165,805 |
Other long-term assets | $331,056 | $577,695 | $0 | $0 | $0 |
Total long-term assets | $1,651,366 | $1,936,197 | $273,610 | $81,541 | $165,805 |
Total assets | $47,317,001 | $40,718,053 | $46,193,710 | $29,322,121 | $19,434,358 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $1,447,955 | $4,558,642 | $449,033 | $59,254 | $601,183 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $1,447,955 | $4,558,642 | $449,033 | $59,254 | $601,183 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $331,056 | $457,246 | $0 | $0 | $0 |
Total long-term liabilities | $331,056 | $457,246 | $0 | $0 | $0 |
Total liabilities | $1,779,011 | $5,015,888 | $449,033 | $59,254 | $601,183 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $16,160,385 | $16,446,232 | $18,463,480 | $9,257,781 | $4,364,510 |
With donor restrictions | $29,377,605 | $19,255,933 | $27,281,197 | $20,005,086 | $14,468,665 |
Net assets | $45,537,990 | $35,702,165 | $45,744,677 | $29,262,867 | $18,833,175 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $25,046,196 | $24,480,770 | $37,365,346 | $30,248,557 | $21,901,689 |
Program service revenue | $0 | $0 | $0 | $11,967 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $380,799 | $69,481 | $2,772 | ($454,184) | $244,124 |
Other revenue | $340 | $25 | $0 | $0 | $7,118 |
Total other revenue | $381,139 | $69,506 | $2,772 | ($442,217) | $251,242 |
Total revenue | $25,427,335 | $24,550,276 | $37,368,118 | $29,806,340 | $22,152,931 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $12,232,788 | $32,171,384 | $18,658,810 | $17,553,029 | $19,877,858 |
Management and general | $3,122,436 | $2,158,372 | $2,054,191 | $1,723,481 | $1,674,324 |
Fundraising | $236,286 | $263,032 | $219,707 | $94,696 | $75,994 |
Total expenses | $15,591,510 | $34,592,788 | $20,932,708 | $19,371,206 | $21,628,176 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $9,835,825 | ($10,042,512) | $16,435,410 | $10,435,134 | $524,755 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $9,835,825 | ($10,042,512) | $16,435,410 | $10,435,134 | $524,755 |
Compensation
Name | Title | Compensation |
Hendrik Storm | Chief Executive Officer | $145,418 |
Noel Frost | Chief Executive Officer | $8,710 |
Stuart Hook | Chief Operating Officer | $5,048 |
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 9/18/2024. To update the information below, please email: [email protected]