Resourcing Christian Education International / RCE 
The information on this page was last updated 12/4/2023. If you see errors or omissions, please email: [email protected]
Summary
RCE serves international Christian schools and education ministries in their mission of providing exceptional educational opportunities with a biblical foundation and Christian worldview.
Contact information
Mailing address:
RCE International
PO Box 4528
Wheaton, IL 60189
Website: rce-international.org
Phone: 630-614-4447
Email: [email protected]
Organization details
EIN: 571154204
CEO/President: Brett K. Howard
Chairman: John Petersen
Board size: 7
Founder:
Ruling year: 2004
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2005
Purpose
The purpose of Resourcing Christian Education International (RCE) is to serve Christian education ministries in their mission of providing exceptional educational opportunities with a biblical foundation and Christian worldview.
As we partner with and assist educational institutions that range from traditional primary and secondary education schools to Christian colleges, seminaries and adult education centers, our goal is to serve them and their staff so that they can excel in the ministries to which God has called them!
Mission statement
RCE is a unique, service-oriented mission organization that strives to make your ministry a success for the Kingdom of God.
Statement of faith
We believe the Bible to be the fully inspired, infallible, authoritative and inerrant Word of God in its original writings.
We believe there is one God, eternally existent in three persons-Father, Son, and Holy Spirit.
We believe in the deity and humanity of Jesus Christ, His virgin birth, His sinless life, His miracles, His vicarious and atoning death, His resurrection, His ascension to the right hand of God and His personal return in power and glory.
We believe in the absolute necessity of regeneration by the Holy Spirit for salvation because of the sinful nature of each person; and that we are justified on the single ground of faith in Jesus Christ and His shed blood and that only by God's grace and through faith alone we are saved.
We believe that each human being is spiritually lost, sinful and utterly unable to save himself or herself.
We believe in the present ministry of the Holy Spirit, whose indwelling and filling enables the Christian to live a godly life.
We believe in the personal return of the Lord Jesus Christ and the hope of His appearing has a vital bearing on the personal life and service of the believer.
We believe in the bodily resurrection of all people. Believers are resurrected to enjoy eternal life with God and unbelievers are resurrected to eternal suffering apart from God.
We believe in the spiritual unity of believers in our Lord Jesus Christ.
We believe that the primary purpose of man is to know God, glorify Him and enjoy Him forever.
We believe that a primary responsibility of all who are saved is to work toward the fulfillment of the Great Commission. As well, we believe that human betterment and justice are essential products of the Christian life.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Evangelism Support
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 92 of 1118 | 5 of 35 |
| Fund acquisition rating | | 286 of 1119 | 7 of 35 |
| Resource allocation rating | | 214 of 1119 | 10 of 35 |
| Asset utilization rating | | 205 of 1118 | 8 of 35 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 4% | 3% | 3% | 3% | 4% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 4% | 3% | 3% | 3% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 100% | 100% | 99% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 4% | 3% | 3% | 3% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 0% | 0% | 1% | 0% | 0% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 89% | 90% | 91% | 90% | 89% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 95% | 91% | 92% | 97% | 94% |
Program output ratio Program output ratio = Program services / Total revenue | 80% | 85% | 82% | 83% | 88% | 83% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 5% | 9% | 8% | 3% | 6% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 10% | 18% | 20% | 7% | 18% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 7% | 7% | 6% | 6% | 7% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.23 | 1.84 | 1.93 | 2.15 | 2.71 | 2.52 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.33 | 1.91 | 1.00 | 1.00 | 1.00 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.70 | 3.50 | 1.93 | 2.15 | 2.71 | 2.52 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 31.37 | 61.94 | 137.14 | 122.93 | 66.23 | 36.33 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.03 | 0.02 | 0.01 | 0.01 | 0.02 | 0.03 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.59 | 3.37 | 6.17 | 5.54 | 4.36 | 4.62 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 1% | 1% | 1% | 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 | 78% | 54% | 51% | 46% | 36% | 39% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $2,311,781 | $2,077,991 | $2,245,887 | $1,550,468 | $2,818,251 |
| Receivables, inventories, prepaids | $0 | $0 | $0 | $21,168 | $30,102 |
| Short-term investments | $272,566 | $2,451,333 | $1,527,490 | $1,476,892 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,584,347 | $4,529,324 | $3,773,377 | $3,048,528 | $2,848,353 |
| Long-term investments | $2,344,699 | $0 | $0 | $0 | $0 |
| Fixed assets | $0 | $0 | $0 | $0 | $0 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $2,344,699 | $0 | $0 | $0 | $0 |
| Total assets | $4,929,046 | $4,529,324 | $3,773,377 | $3,048,528 | $2,848,353 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $41,725 | $33,026 | $30,695 | $46,029 | $78,403 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $41,725 | $33,026 | $30,695 | $46,029 | $78,403 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $41,725 | $33,026 | $30,695 | $46,029 | $78,403 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $888,905 | $879,579 | $777,493 | $646,106 | $450,725 |
| With donor restrictions | $3,998,416 | $3,616,719 | $2,965,189 | $2,356,393 | $2,319,225 |
| Net assets | $4,887,321 | $4,496,298 | $3,742,682 | $3,002,499 | $2,769,950 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $9,513,793 | $9,506,910 | $8,788,058 | $8,443,349 | $7,662,640 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $29,198 | $45,268 | $51,865 | $33,268 | $23,488 |
| Other revenue | $0 | $0 | $0 | $0 | $0 |
| Total other revenue | $29,198 | $45,268 | $51,865 | $33,268 | $23,488 |
| Total revenue | $9,542,991 | $9,552,178 | $8,839,923 | $8,476,617 | $7,686,128 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $8,065,787 | $7,849,863 | $7,342,636 | $7,451,599 | $6,402,865 |
| Management and general | $631,656 | $594,367 | $522,696 | $526,812 | $496,584 |
| Fundraising | $352,357 | $295,930 | $236,404 | $285,124 | $288,251 |
| Total expenses | $9,049,800 | $8,740,160 | $8,101,736 | $8,263,535 | $7,187,700 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $493,191 | $812,018 | $738,187 | $213,082 | $498,428 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $493,191 | $812,018 | $738,187 | $213,082 | $498,428 |
Compensation
| Name | Title | Compensation |
| Brett Howard | Non-voting Director/Exec. Director | $140,331 |
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 12/4/2023. To update the information below, please email: [email protected]