Reaching Unreached Nations

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/3/2022. To update the information in this column, please email: info@ministrywatch.com


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:

Email: runministries.org/contact-us


Organization details

EIN: 541563242

CEO/President: Eric 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

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating569 of 102266 of 121
Fund acquisition rating760 of 102489 of 121
Resource allocation rating750 of 102490 of 121
Asset utilization rating133 of 102218 of 121

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%9%14%6%9%10%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%9%14%6%8%10%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%100%98%96%95%96%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%9%16%5%9%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%0%2%4%5%4%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%79%69%82%84%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%94%85%119%97%102%
Program output ratio Program output ratio =
Program services /
Total revenue
79%74%58%97%81%83%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%6%15%-19%3%-2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%20%50%-95%12%-10%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%12%15%13%7%9%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.212.982.484.733.673.98
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.011.021.031.011.02
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.773.022.524.873.724.05
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
20.9749.439.805.8632.5211.52
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.020.100.170.030.09
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.113.894.282.043.132.70
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%2%10%20%3%9%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
75%33%36%17%26%23%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$2,026,351$1,606,289$975,383$1,452,225$1,528,776
Receivables, inventories, prepaids$170$163,051$2,985$181,069$1,561
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,026,521$1,769,340$978,368$1,633,294$1,530,337
Long-term investments$0$0$0$0$0
Fixed assets$30,376$28,903$30,788$20,918$23,059
Other long-term assets$0$0$0$0$6,393
Total long-term assets$30,376$28,903$30,788$20,918$29,452
Total assets$2,056,897$1,798,243$1,009,156$1,654,212$1,559,789
 
Liabilities20192018201720162015
Payables and accrued expenses$40,995$163,506$149,996$33,223$132,853
Other current liabilities$0$17,000$17,000$17,000$0
Total current liabilities$40,995$180,506$166,996$50,223$132,853
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$38,893$0$0
Total long-term liabilities$0$0$38,893$0$0
Total liabilities$40,995$180,506$205,889$50,223$132,853
 
Net assets20192018201720162015
Without donor restrictions$285,257$589,217($47,849)$686,455$1,205,949
With donor restrictions$1,730,645$1,028,520$851,116$917,534$220,987
Net assets$2,015,902$1,617,737$803,267$1,603,989$1,426,936
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$6,520,664$5,149,175$3,850,580$5,951,134$5,844,457
Program service revenue$0$115,822$154,328$322,738$210,584
Membership dues$0$0$0$0$0
Investment income$1,531$2,824$1,934$4,308$2,506
Other revenue$410$0$0$0$585
Total other revenue$1,941$118,646$156,262$327,046$213,675
Total revenue$6,522,605$5,267,821$4,006,842$6,278,180$6,058,132
 
Expenses20192018201720162015
Program services$4,812,974$3,052,061$3,893,857$5,102,488$5,034,627
Management and general$747,506$670,439$632,131$449,892$579,337
Fundraising$563,960$730,851$242,683$525,354$589,136
Total expenses$6,124,440$4,453,351$4,768,671$6,077,734$6,203,100
 
Change in net assets20192018201720162015
Surplus (deficit)$398,165$814,470($761,829)$200,446($144,968)
Other changes in net assets$0$0$0$0$0
Total change in net assets$398,165$814,470($761,829)$200,446($144,968)

Compensation

NameTitleCompensation
Eric G WattPresident/Chairman$125,000

Compensation data as of: 12/31/2019


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 2/3/2022. To update the information below, please email: info@ministrywatch.com


History


Program accomplishments


Needs

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