Fellowship of Companies for Christ / FCCI 
The information on this page was last updated 6/24/2022. If you see errors or omissions, please email: [email protected]
Summary
Fellowship of Companies for Christ (FCCI) is a community of business leaders united by a vision that Christ can change our world through how we do business.
Contact information
Mailing address:
Fellowship of Companies for Christ
P.O. Box 941010
Atlanta, GA 30341
Website: fcci-site.com/
Phone: (770) 685-6000
Email: [email protected]
Organization details
EIN: 581428134
CEO/President: Lee Truax
Chairman: Mr. Robert "Bobby" Mitchell
Board size: 13
Founder: Mr. Robert "Bobby" Mitchell
Ruling year: 1990
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2008
Purpose
Transforming the world through Christ, one company leader at a time.
Mission statement
In pursuit of Christ's eternal objectives, we equip and encourage Christian business leaders to operate their businesses and conduct their personal lives in accordance with Biblical principles.
Statement of faith
There is one God, eternally existing in three persons: the Father, the Son, and the Holy Spirit.
The Bible is God's written and inspired revelation to man and is the primary authority for man's life.
We believe in the deity of Jesus Christ, His virgin birth, sinless life, miracles, death on the cross to provide redemption, resurrection, bodily ascension into heaven, present ministry of intercession for us, and His return to earth in power and glory.
We believe in the personality and deity of the Holy Spirit, His power to perform the miracle of the new birth in unbelievers and to indwell believers, enabling them to live a godly life.
Man was created in the image of God, and because of sin was alienated from God-that alienation can be removed only by accepting, through faith, God's gift of salvation which was made possible by Christ's atoning death and resurrection.
Jesus Christ is the Head of the Church, and all believers are to assemble together regularly for worship, for edification through the Scriptures, and for mutual encouragement.
Jesus Christ commanded all believers to proclaim the Gospel throughout the world and to disciple people in every nation. The fulfillment of that Great Commission requires that all worldly and personal ambitions be subordinated to a total commitment to "Him who loved us and gave Himself for us.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Growth
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 821 of 1033 | 61 of 75 |
| Fund acquisition rating | | 998 of 1035 | 70 of 75 |
| Resource allocation rating | | 905 of 1035 | 60 of 75 |
| Asset utilization rating | | 184 of 1033 | 15 of 75 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 18% | 7% | 2% | 4% | 6% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 15% | 4% | 1% | 3% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 82% | 84% | 59% | 61% | 80% | 72% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 13% | 3% | 1% | 3% | 6% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 18% | 16% | 41% | 39% | 20% | 28% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 70% | 84% | 87% | 83% | 72% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 118% | 154% | 93% | 99% | 68% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 83% | 129% | 81% | 83% | 49% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | -18% | -54% | 7% | 1% | 32% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 8% | -32% | -65% | 8% | 1% | 32% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 13% | 17% | 13% | 12% | 13% | 22% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.91 | 2.06 | 1.75 | 1.03 | 1.13 | 0.67 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.35 | 1.01 | 1.01 | 1.02 | 1.02 | 1.03 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.45 | 2.08 | 1.77 | 1.04 | 1.15 | 0.69 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 15.31 | 20.77 | 17.77 | 39.13 | 18.21 | 27.24 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.05 | 0.06 | 0.03 | 0.05 | 0.04 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 7.34 | 5.50 | 6.41 | 11.21 | 9.86 | 16.86 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 5% | 6% | 3% | 5% | 4% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 92% | 46% | 54% | 95% | 84% | 145% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $575,078 | $1,056,556 | $1,665,468 | $1,657,536 | $1,603,961 |
| Receivables, inventories, prepaids | $264,077 | $65,439 | $116,246 | $18,048 | $11,949 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $839,155 | $1,121,995 | $1,781,714 | $1,675,584 | $1,615,910 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $7,899 | $9,636 | $27,054 | $36,276 | $47,277 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $7,899 | $9,636 | $27,054 | $36,276 | $47,277 |
| Total assets | $847,054 | $1,131,631 | $1,808,768 | $1,711,860 | $1,663,187 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $40,406 | $63,145 | $31,547 | $36,559 | $19,416 |
| Other current liabilities | $0 | $0 | $13,985 | $55,474 | $39,897 |
| Total current liabilities | $40,406 | $63,145 | $45,532 | $92,033 | $59,313 |
| 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 | $40,406 | $63,145 | $45,532 | $92,033 | $59,313 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $783,716 | $1,021,416 | $1,318,149 | $1,567,213 | $1,532,527 |
| With donor restrictions | $22,932 | $47,070 | $445,087 | $52,614 | $71,347 |
| Net assets | $806,648 | $1,068,486 | $1,763,236 | $1,619,827 | $1,603,874 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $1,248,146 | $758,049 | $1,211,466 | $1,555,333 | $1,162,521 |
| Program service revenue | $119,336 | $534,053 | $782,100 | $388,077 | $463,455 |
| Membership dues | $106,875 | $0 | $0 | $0 | $0 |
| Investment income | $2,018 | ($8,279) | $2,023 | $2,057 | $3,376 |
| Other revenue | $3,668 | $2,720 | $6,278 | ($3,239) | ($7,118) |
| Total other revenue | $231,897 | $528,494 | $790,401 | $386,895 | $459,713 |
| Total revenue | $1,480,043 | $1,286,543 | $2,001,867 | $1,942,228 | $1,622,234 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $1,225,369 | $1,658,372 | $1,612,701 | $1,606,749 | $792,363 |
| Management and general | $293,951 | $266,106 | $221,757 | $257,106 | $244,575 |
| Fundraising | $222,561 | $56,815 | $24,000 | $62,420 | $70,954 |
| Total expenses | $1,741,881 | $1,981,293 | $1,858,458 | $1,926,275 | $1,107,892 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | ($261,838) | ($694,750) | $143,409 | $15,953 | $514,342 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($261,838) | ($694,750) | $143,409 | $15,953 | $514,342 |
Compensation
| Name | Title | Compensation |
| Leland Truax | President | $228,054 |
| Doug Spada Part-year | Programs Dir & Developer | $114,735 |
| Frank Vann | Operations/Finance Manager | $97,798 |
| Chad Merrill ProgramMinistry | Development & Director | $72,500 |
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 6/24/2022. To update the information below, please email: [email protected]
History
In 1896, Charles M. Sheldon's book, "In His Steps," was first published. It challenged readers to ask the question, "What would Jesus do?" before making decisions or taking action.
Almost eighty years after "In His Steps," was published, Robert L. "Bobby" Mitchell, a young Atlanta businessman, received a copy. He understood that applying the question "What would Jesus do?" has incredible ramifications. Nevertheless, he was determined that following Jesus' steps through the business world was exactly what God was calling him to do.
Bobby's commitment to Bible study led him to join a group of business people - many of whom were top Atlanta executives. Their integrity and faithfulness impressed him, and it did not take long to discover that God was calling others to walk with Him in their businesses. Bobby's prayers for the future were answered when his friend B.G. "Bert" Stumberg, approached him about a company - Applied Ceramics, Inc. - that was in need of new direction and fresh leadership.
Bobby brought Bert to his Bible study and soon, Bert renewed his commitment to Christ, and the two dedicated themselves to operating their companies based on Biblical principles. In 1977 their search for wisdom led them to a Leadership Dynamics meeting in Point Clear, Alabama, where their vision of leading a company for Christ was clarified and Bill Leonard accepted Jesus as his personal Savior.
Bill began his journey with Bobby and Bert, and soon Larry Burkett joined their cause. Together these men invited many of Georgia's Christian business leaders to hear the vision that God was developing, and to encourage them to join in pursuing that vision. Out of that meeting came a group of seven that struggled together for the next two years learning how to walk with Christ in their personal and business lives. Bobby, Bert, Bill and Larry along with Jim Moye, Ben Lively and Tom Harris formed a nucleus that actually functioned much like what has become an FCCI Business Leadership Group or CBO Resource Team. These men, along with Jim Pursell and Smith Lanier, became the original FCCI Board of Directors.
What began as a few business leaders searching for answers on how to run their companies for Christ, grew to a globe-spanning Fellowship of company stewards united by a common vision. We believe that God can use the why and how of our businesses to positively impact the world for the sake of the Gospel of Jesus Christ.
FCCI's rich four decade plus history is more fully explored in the book A Walk in The Market.