Reaching Unreached Nations 
The information on this page was last updated 1/1/2024. If you see errors or omissions, please email: [email protected]
Summary
Reaching Unreached Nations was founded in 1990 by Eric Watt and is a USA registered 501(c)3 tax-deductible organization. An interdenominational mission, RUN subscribes to the Lausanne Covenant and cooperates with Christians around the world to help fulfill the Great Commission. For the past decade God has enabled RUN to equip thousands of first generation Christian leaders from within the 10/40 Window, providing evangelistic media tools, a culturally sensitive discipleship model and practical skills for their ministries to become self-sustaining.
Contact information
Mailing address:
Reaching Unreached Nations
PO Box 6543
Virginia Beach, VA 23456
Website: runministries.org
Phone: (757) 213-2053
Email: [email protected]
Organization details
EIN: 541563242
CEO/President: Eric G. Watt
Chairman: Eric Watt
Board size: 5
Founder: Eric Watt
Ruling year: 1991
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2016
Purpose
We believe that the local church is the hope of the world. And, since our core passion is to "to bring the revelation of God and His kingdom to unreached people" everything we do is focused on sharing the Good News and establishing healthy, reproducing, sustainable local churches. Through our "End to End Strategy" RUN provides church planters with the tools to work among unreached people with evangelism, orality, and Bible translation tools.
Mission statement
We equip the local church to: PRAY for the revelation of God and His Kingdom, RESCUE people from the evils of slavery, EMPOWER leaders with training and tools, and MULTIPLY movements that impact their world for good.
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 134 of 1118 | 12 of 141 |
| Fund acquisition rating | | 111 of 1119 | 12 of 141 |
| Resource allocation rating | | 335 of 1119 | 35 of 141 |
| Asset utilization rating | | 412 of 1118 | 46 of 141 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 1% | 1% | 2% | 9% | 14% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 1% | 1% | 2% | 9% | 14% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 102% | 101% | 100% | 100% | 98% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 1% | 1% | 2% | 9% | 16% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | -2% | -1% | 0% | 0% | 2% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 91% | 92% | 90% | 79% | 69% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 88% | 78% | 97% | 94% | 85% |
Program output ratio Program output ratio = Program services / Total revenue | 84% | 79% | 72% | 87% | 74% | 58% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 12% | 22% | 3% | 6% | 15% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 27% | 60% | 13% | 20% | 50% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 8% | 7% | 8% | 12% | 15% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.34 | 1.90 | 2.15 | 3.81 | 2.98 | 2.48 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.27 | 1.03 | 1.01 | 1.02 | 1.01 | 1.02 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.17 | 1.95 | 2.17 | 3.88 | 3.02 | 2.52 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 17.40 | 135.47 | 88.19 | 33.61 | 49.43 | 9.80 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.01 | 0.01 | 0.03 | 0.02 | 0.10 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.10 | 6.11 | 5.47 | 3.00 | 3.89 | 4.28 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 3% | 1% | 9% | 2% | 10% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 6% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 68% | 51% | 46% | 24% | 33% | 36% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $7,867,347 | $5,757,527 | $2,488,145 | $2,026,351 | $1,606,289 |
| Receivables, inventories, prepaids | $763 | $149 | $141 | $170 | $163,051 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $7,868,110 | $5,757,676 | $2,488,286 | $2,026,521 | $1,769,340 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $42,926 | $42,670 | $42,046 | $30,376 | $28,903 |
| Other long-term assets | $158,628 | $0 | $0 | $0 | $0 |
| Total long-term assets | $201,554 | $42,670 | $42,046 | $30,376 | $28,903 |
| Total assets | $8,069,664 | $5,800,346 | $2,530,332 | $2,056,897 | $1,798,243 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $58,082 | $65,287 | $74,043 | $40,995 | $163,506 |
| Other current liabilities | $0 | $0 | $0 | $0 | $17,000 |
| Total current liabilities | $58,082 | $65,287 | $74,043 | $40,995 | $180,506 |
| Debt | $0 | $0 | $151,180 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $158,628 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $158,628 | $0 | $151,180 | $0 | $0 |
| Total liabilities | $216,710 | $65,287 | $225,223 | $40,995 | $180,506 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $4,748,599 | $2,039,037 | $590,646 | $285,257 | $589,217 |
| With donor restrictions | $3,104,355 | $3,696,022 | $1,714,463 | $1,730,645 | $1,028,520 |
| Net assets | $7,852,954 | $5,735,059 | $2,305,109 | $2,015,902 | $1,617,737 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $17,786,690 | $16,110,970 | $9,933,939 | $6,520,664 | $5,149,175 |
| Program service revenue | $0 | $0 | $0 | $0 | $115,822 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $2,896 | $2,374 | $640 | $1,531 | $2,824 |
| Other revenue | ($313,232) | ($202,031) | $1,210 | $410 | $0 |
| Total other revenue | ($310,336) | ($199,657) | $1,850 | $1,941 | $118,646 |
| Total revenue | $17,476,354 | $15,911,313 | $9,935,789 | $6,522,605 | $5,267,821 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $13,876,742 | $11,449,223 | $8,661,341 | $4,812,974 | $3,052,061 |
| Management and general | $1,296,142 | $873,458 | $808,785 | $747,506 | $670,439 |
| Fundraising | $159,198 | $158,682 | $176,456 | $563,960 | $730,851 |
| Total expenses | $15,332,082 | $12,481,363 | $9,646,582 | $6,124,440 | $4,453,351 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $2,144,272 | $3,429,950 | $289,207 | $398,165 | $814,470 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $2,144,272 | $3,429,950 | $289,207 | $398,165 | $814,470 |
Compensation
| Name | Title | Compensation |
| Eric G Watt | President/Chairman | $234,345 |
Compensation data as of: 12/31/2022
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 1/1/2024. To update the information below, please email: [email protected]
History
Program accomplishments
RUN has trained more than one million house church leaders to establish micro-businesses and to plant healthy, reproducing churches in some of the most restricted nations on earth.
Needs
During the winter, temperatures in parts of the Middle East and North Africa are similar to those in the U.S. Many of the thousands of at-risk boys and girls in our care have no source of heat, and most don't have adequate clothing to keep them warm and safe.
One of The Rescue Project's promises to orphaned children of war in our care is to provide them with food, water, shelter, and other essentials - including warm clothes. We need your help to provide them with items such as hats, scarves, gloves, and socks as temperatures turn frigid!