Entrust
The information on this page was last updated 4/28/2023. If you see errors or omissions, please email: [email protected]
Summary
We go where the church is growing faster than church leadership can be trained. We become students of each culture we work in to better understand how leaders need to be equipped to meet the distinctive challenges in their context. We then intentionally mentor students through interactive, non-formal theological education in a life-on-life format. Our goal is to inspire movements of transformation that continue through indigenously led generations of students.
We base our name and our mission off of 2 Timothy 2:2: "And the things you have heard me say in the presence of many witnesses entrust to reliable people who will also be qualified to teach others."
Contact information
Mailing address:
Entrust
PO Box 25520
Colorado Springs, CO 80936-5520
Website: entrust4.org
Phone: (719) 622-1980
Email: [email protected]
Organization details
EIN: 541256309
CEO/President: Mary Dean
Chairman:
Board size: 9
Founder: Dr. Fred Holland
Ruling year: 1985
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 1986
Purpose
Vision: Multiplying leaders for multiplying churches.
Mission statement
To multiply church leaders through accessible, locally owned, reproducible training systems.
Statement of faith
We believe the Bible to be the fully inspired, infallible, inerrant, and authoritative Word of God (2 Tim. 3:16; 2 Pet. 1:21).
We believe there is one God, eternally existent in three persons: Father, Son, and Holy Spirit (Matt. 28:19; Eph. 4:4-6).
We believe that our Lord Jesus Christ is the eternal Son of God, fully divine and fully human. We believe in His virgin birth, His sinless life, His miracles, His substitutionary and atoning death, His bodily resurrection, His ascension to the right hand of the Father, and His personal second coming in power and glory (John 1:1,14; Luke 1:26-35; 2 Cor. 5:21; John 14:10-11; Rom. 3:23-26; Luke 24:6-7; Eph. 1:20-21; Acts 1:10-11; Matt. 24:30).
We believe that all are sinful and lost. The consequence of this condition is eternal judgment (John 3:18, 36; Rom. 3:10-23; 6:23; Heb. 9:27).
We believe that all can be saved from this eternal judgment only by grace through personal faith in the Lord Jesus Christ as Savior, apart from works (John 3:16; Acts 4:12; Eph. 2:8-9; Heb. 9:28).
We believe in the present ministry of the Holy Spirit who regenerates, indwells, and enables the Christian to live a godly life (Rom. 8:9; 1 Cor. 6:19; Gal. 5:16).
We believe in the bodily resurrection and judgment of all people. Believers are resurrected to enjoy eternal life with God, and unbelievers are resurrected to experience eternal punishment away from the presence of the Lord (John 11:25-26; 1 John 5:11-12; Rev. 20:4-15).
We believe all who are united to the risen and ascended Son of God are members of Christ's universal church. We also believe that the local expressions of the universal body of Christ are essential in the plan and purpose of God (1 Cor. 12:12-27; Eph. 4:1-13).
We believe it is the responsibility of all who are saved to work toward the fulfillment of the Great Commission (Matt. 28:19; Acts 1:8).
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Leadership Training
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 590 of 1102 | 14 of 24 | |
Fund acquisition rating | 608 of 1103 | 13 of 24 | |
Resource allocation rating | 844 of 1103 | 14 of 24 | |
Asset utilization rating | 264 of 1102 | 8 of 24 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 9% | 9% | 9% | 7% | 6% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 8% | 9% | 9% | 7% | 6% | 7% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 97% | 99% | 99% | 99% | 97% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 7% | 8% | 8% | 7% | 6% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 3% | 1% | 1% | 1% | 3% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 82% | 83% | 74% | 73% | 78% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 117% | 103% | 101% | 99% | 100% |
Program output ratio Program output ratio = Program services / Total revenue | 83% | 96% | 86% | 74% | 72% | 78% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | -17% | -3% | -1% | 1% | 0% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 13% | -33% | -5% | -1% | 1% | 1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 10% | 9% | 19% | 21% | 15% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.30 | 2.07 | 1.69 | 1.51 | 1.51 | 1.75 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.13 | 1.05 | 1.07 | 1.03 | 1.02 | 1.02 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.67 | 2.17 | 1.81 | 1.56 | 1.55 | 1.79 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.79 | 12.22 | 27.13 | 36.71 | 39.59 | 28.79 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.08 | 0.04 | 0.03 | 0.03 | 0.03 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.67 | 5.08 | 6.38 | 7.49 | 7.55 | 6.49 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 8% | 6% | 3% | 2% | 3% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 60% | 44% | 56% | 65% | 64% | 55% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $1,324,423 | $1,830,371 | $2,353,748 | $2,128,612 | $2,077,354 |
Receivables, inventories, prepaids | $25,435 | $23,639 | $83,101 | $345,345 | $399,692 |
Short-term investments | $469,035 | $453,796 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $1,818,893 | $2,307,806 | $2,436,849 | $2,473,957 | $2,477,046 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $80,852 | $102,296 | $78,986 | $59,546 | $55,398 |
Other long-term assets | $9,977 | $69,265 | $0 | $0 | $0 |
Total long-term assets | $90,829 | $171,561 | $78,986 | $59,546 | $55,398 |
Total assets | $1,909,722 | $2,479,367 | $2,515,835 | $2,533,503 | $2,532,444 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $148,891 | $85,069 | $66,388 | $62,491 | $86,037 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $148,891 | $85,069 | $66,388 | $62,491 | $86,037 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $10,125 | $70,309 | $0 | $0 | $0 |
Total long-term liabilities | $10,125 | $70,309 | $0 | $0 | $0 |
Total liabilities | $159,016 | $155,378 | $66,388 | $62,491 | $86,037 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $414,888 | $418,353 | $422,247 | $458,308 | $604,218 |
With donor restrictions | $1,335,818 | $1,905,636 | $2,027,200 | $2,012,704 | $1,842,189 |
Net assets | $1,750,706 | $2,323,989 | $2,449,447 | $2,471,012 | $2,446,407 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $3,277,693 | $4,028,402 | $3,742,725 | $3,814,869 | $4,322,990 |
Program service revenue | $42,673 | $19,035 | $22,670 | $16,443 | $113,062 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $45,230 | $4,071 | $9,010 | $16,658 | $7,633 |
Other revenue | $9,598 | $1,737 | $1,429 | $7,837 | $1,059 |
Total other revenue | $97,501 | $24,843 | $33,109 | $40,938 | $121,754 |
Total revenue | $3,375,194 | $4,053,245 | $3,775,834 | $3,855,807 | $4,444,744 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $3,238,807 | $3,468,149 | $2,794,091 | $2,792,511 | $3,461,243 |
Management and general | $400,183 | $356,167 | $726,147 | $796,152 | $667,769 |
Fundraising | $309,487 | $354,387 | $277,161 | $242,539 | $295,274 |
Total expenses | $3,948,477 | $4,178,703 | $3,797,399 | $3,831,202 | $4,424,286 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | ($573,283) | ($125,458) | ($21,565) | $24,605 | $20,458 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | ($573,283) | ($125,458) | ($21,565) | $24,605 | $20,458 |
Compensation
Name | Title | Compensation |
Karen Graham | Interim President (Part Year) | $45,000 |
Andrew Seidel | Board Chair, Field Staff | $30,000 |
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 4/28/2023. To update the information below, please email: [email protected]
History
Entrust began in 1979 as a ministry to help Christians who were isolated from other believers by authorities who wanted to suppress and eliminate them. Several ministries working secretly behind the Iron Curtain, focusing primarily on discipleship and evangelism, recognized the need for training for pastors and church leaders. They decided it would be more effective to join forces for maximum kingdom impact.
Entrust, at that time called Biblical Education by Extension, International (BEE International), was organized as a historic cooperative multi-mission effort providing comprehensive training for pastors and church leaders denied training by antagonistic communist governments.
Entrust could not adopt the commonly accepted mode of formal seminary training, as such an option simply wasn't available. Instead, facilitated, interactive learning in small groups, allowing for powerful life-on-life instruction, became the model. In 1989, with the fall of communism, former totalitarian states were suddenly thrown open. Entrust was in place to help national believers and new mission groups navigate new freedoms.
The legacy of Entrust's Cold War years is an organization strategically positioned to equip other ministries with the tools necessary to train men and women to lead a rapidly growing church around the world. Currently, Entrust is equipping indigenous ministries to train leaders in Europe, the Middle East, sub-Saharan Africa, Asia, Latin America and North America.