SHABACH! Ministries Inc.

The information on this page was last updated 10/17/2022. If you see errors or omissions, please email: [email protected]


Summary

This non-profit 501(c)3 corporation founded by the First Baptist Church of Glenarden, in Landover area of Prince George's County is developing dynamic communities by "educating, engaging and empowering."

Offering superior service in early childhood development, academic achievement, and community activities, SHABACH! is committed to delivering meaningful, safe, programs that "educate, engage and empower." Driven by a spirit of excellence, SHABACH! has developed a core group of services to positively impact our surrounding community through a variety of programs to encourage growth and instill a sense of belonging.

To this end, we are committed to developing confident, capable youth and adults who are ready to assume a vital role in the changing face of Prince George's County. Since 1996, SHABACH! has delivered inspiring programs that have become models for building good character, ensuring academic achievement, and promoting community involvement for youth and adults. At SHABACH! we are continuously striving to deliver unrivaled service that teaches people to work hard, take a chance, and make a difference.


Contact information

Mailing address:
SHABACH! Ministries Inc
403 Brightseat Rd
Landover, MD 20785

Website: smionline.org

Phone: 240-532-7000

Email: [email protected]


Organization details

EIN: 521966871

CEO/President: Cynthia J. Terry

Chairman: Stephen W. Neal

Board size: 13

Founder: First Baptist Church of Glenarden

Ruling year: 1997

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

To develop dynamic communities for generations to come, by meeting the need, giving hope, and teaching to soar.


Mission statement

To empower families, individuals, youth and children through stellar education and loving engagement which cultivates exemplary character, a lifelong love of learning, and creates a healthier community for today and tomorrow.


Statement of faith

Donor confidence score

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Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating251 of 103125 of 107
Fund acquisition rating261 of 103223 of 107
Resource allocation rating619 of 103270 of 107
Asset utilization rating214 of 103115 of 107

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%0%0%0%3%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%0%0%0%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
89%35%26%33%29%33%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%0%0%0%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
11%65%74%67%71%67%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%78%87%85%94%94%
Spending ratio Spending ratio =
Total expenses /
Total revenue
86%97%107%89%94%91%
Program output ratio Program output ratio =
Program services /
Total revenue
68%75%93%75%88%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
14%3%-7%11%6%9%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
15%12%-24%37%29%53%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%22%13%15%5%5%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.811.872.782.212.973.60
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.861.001.021.031.071.05
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.751.882.822.283.183.77
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
11.4614.083.854.953.243.03
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.070.260.200.310.33
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.915.943.144.192.602.14
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
12%43%30%24%33%37%
Debt ratio Debt ratio =
Debt /
Total assets
1%34%2%3%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
101%30%25%34%23%17%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$1,790,792$1,256,299$1,481,984$990,475$777,814
Receivables, inventories, prepaids$15,100$17,256$15,384$42,455$24,964
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,805,892$1,273,555$1,497,368$1,032,930$802,778
Long-term investments$0$0$0$0$0
Fixed assets$2,226$21,024$46,917$73,550$36,461
Other long-term assets$0$0$0$0$0
Total long-term assets$2,226$21,024$46,917$73,550$36,461
Total assets$1,808,118$1,294,579$1,544,285$1,106,480$839,239
 
Liabilities20202019201820172016
Payables and accrued expenses$80,166$229,723$242,312$292,493$229,275
Other current liabilities$48,114$101,470$60,041$26,601$35,356
Total current liabilities$128,280$331,193$302,353$319,094$264,631
Debt$618,343$23,792$42,584$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$30,577$30,077$30,077$47,356$47,378
Total long-term liabilities$648,920$53,869$72,661$47,356$47,378
Total liabilities$777,200$385,062$375,014$366,450$312,009
 
Net assets20202019201820172016
Without donor restrictions$1,030,918$208,972$501,826$584,395$407,525
With donor restrictions$0$700,545$667,445$155,635$119,705
Net assets$1,030,918$909,517$1,169,271$740,030$527,230
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$1,233,015$863,319$1,257,532$1,024,696$1,093,795
Program service revenue$2,252,115$2,507,033$2,588,045$2,475,245$2,209,302
Membership dues$0$0$0$0$0
Investment income$3,676$5,900$3,044$1,711$1,243
Other revenue$22,151$0$0$0$0
Total other revenue$2,277,942$2,512,933$2,591,089$2,476,956$2,210,545
Total revenue$3,510,957$3,376,252$3,848,621$3,501,652$3,304,340
 
Expenses20202019201820172016
Program services$2,632,665$3,123,285$2,902,365$3,091,521$2,842,515
Management and general$756,841$473,366$517,015$164,442$150,711
Fundraising$0$0$0$32,889$30,227
Total expenses$3,389,506$3,596,651$3,419,380$3,288,852$3,023,453
 
Change in net assets20202019201820172016
Surplus (deficit)$121,451($220,399)$429,241$212,800$280,887
Other changes in net assets$0$0$0$0$0
Total change in net assets$121,451($220,399)$429,241$212,800$280,887

Compensation

NameTitleCompensation
Cynthia TerryExecutive Director$142,868

Compensation data as of: 6/30/2020


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 10/17/2022. To update the information below, please email: [email protected]


History

SMI, located in Landover, Maryland, was established in 1996 as the non-profit organization of the First Baptist Church of Glenarden (FBCG).


Program accomplishments


Needs