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

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating192 of 11026 of 35
Fund acquisition rating325 of 110310 of 35
Resource allocation rating516 of 110312 of 35
Asset utilization rating162 of 11026 of 35

Financial ratios

Funding ratiosSector median20222021202020192018
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
5%4%3%3%3%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%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
1%0%0%1%0%0%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%89%90%91%90%89%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%95%91%92%97%94%
Program output ratio Program output ratio =
Program services /
Total revenue
82%85%82%83%88%83%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%5%9%8%3%6%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%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 ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.171.841.932.152.712.52
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.401.911.001.001.001.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.623.501.932.152.712.52
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
39.3961.94137.14122.9366.2336.33
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.020.020.010.010.020.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.043.376.175.544.364.62
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
6%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
79%54%51%46%36%39%

Financials

Balance sheet
 
Assets20222021202020192018
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
 
Liabilities20222021202020192018
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 assets20222021202020192018
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
 
Revenue20222021202020192018
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
 
Expenses20222021202020192018
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 assets20222021202020192018
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

NameTitleCompensation
Brett HowardNon-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]


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