Reaching Unreached Nations

The information on this page was last updated 2/3/2022. 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:

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 rating45 of 10248 of 126
Fund acquisition rating175 of 102725 of 126
Resource allocation rating229 of 102720 of 126
Asset utilization rating67 of 102410 of 126

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%2%9%14%6%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%2%9%14%6%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%100%100%98%96%95%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%2%9%16%5%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%0%0%2%4%5%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%90%79%69%82%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%97%94%85%119%97%
Program output ratio Program output ratio =
Program services /
Total revenue
76%87%74%58%97%81%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%3%6%15%-19%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%13%20%50%-95%12%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%8%12%15%13%7%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.153.812.982.484.733.67
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.021.011.021.031.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.613.883.022.524.873.72
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
20.9833.6149.439.805.8632.52
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.030.020.100.170.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.913.003.894.282.043.13
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%9%2%10%20%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%6%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
78%24%33%36%17%26%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$2,488,145$2,026,351$1,606,289$975,383$1,452,225
Receivables, inventories, prepaids$141$170$163,051$2,985$181,069
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,488,286$2,026,521$1,769,340$978,368$1,633,294
Long-term investments$0$0$0$0$0
Fixed assets$42,046$30,376$28,903$30,788$20,918
Other long-term assets$0$0$0$0$0
Total long-term assets$42,046$30,376$28,903$30,788$20,918
Total assets$2,530,332$2,056,897$1,798,243$1,009,156$1,654,212
 
Liabilities20202019201820172016
Payables and accrued expenses$74,043$40,995$163,506$149,996$33,223
Other current liabilities$0$0$17,000$17,000$17,000
Total current liabilities$74,043$40,995$180,506$166,996$50,223
Debt$151,180$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$38,893$0
Total long-term liabilities$151,180$0$0$38,893$0
Total liabilities$225,223$40,995$180,506$205,889$50,223
 
Net assets20202019201820172016
Without donor restrictions$590,646$285,257$589,217($47,849)$686,455
With donor restrictions$1,714,463$1,730,645$1,028,520$851,116$917,534
Net assets$2,305,109$2,015,902$1,617,737$803,267$1,603,989
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$9,933,939$6,520,664$5,149,175$3,850,580$5,951,134
Program service revenue$0$0$115,822$154,328$322,738
Membership dues$0$0$0$0$0
Investment income$640$1,531$2,824$1,934$4,308
Other revenue$1,210$410$0$0$0
Total other revenue$1,850$1,941$118,646$156,262$327,046
Total revenue$9,935,789$6,522,605$5,267,821$4,006,842$6,278,180
 
Expenses20202019201820172016
Program services$8,661,341$4,812,974$3,052,061$3,893,857$5,102,488
Management and general$808,785$747,506$670,439$632,131$449,892
Fundraising$176,456$563,960$730,851$242,683$525,354
Total expenses$9,646,582$6,124,440$4,453,351$4,768,671$6,077,734
 
Change in net assets20202019201820172016
Surplus (deficit)$289,207$398,165$814,470($761,829)$200,446
Other changes in net assets$0$0$0$0$0
Total change in net assets$289,207$398,165$814,470($761,829)$200,446

Compensation

NameTitleCompensation
Eric G WattPresident/Chairman$193,555

Compensation data as of: 12/31/2020


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 2/3/2022. To update the information below, please email: [email protected]


History


Program accomplishments


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!