Reach the Rest
The information on this page was last updated 10/2/2024. If you see errors or omissions, please email: [email protected]
Summary
For decades, Reach the Rest has been dedicated to creating opportunities for those in the most remote and difficult-to-reach regions to hear and receive the Gospel. Our team collaborates with indigenous and local leaders worldwide, who are committed to church planting multiplication movements, to provide the necessary resources and support they need to answer God's calling. By empowering these leaders, we help them build trusted connections with unreached communities, effectively sharing the light of Jesus.
Contact information
Mailing address:
Reach the Rest
P.O. Box 4622
Bryan, TX 77805
Website: www.reachtherest.org
Phone: 877-811-3742
Email: [email protected]
Organization details
EIN: 582666820
CEO/President: Cory Bullock
Chairman: Jeff Wadsworth
Board size: 5
Founder:
Ruling year: 2003
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2014
Purpose
Epic International Corporation dba Reach the Rest is a non-profit ministry based in Houston, Texas. Reach the Rest works with indigenous and proximate leaders throughout the 10-40 window in Africa, Middle East, and South Asia to deliver the Gospel to unreached and unengaged people groups.
Mission statement
Reach the Rest exists to identify, resource and equip indigenous, proximate, multiplication- focused leaders in the 10-40 window to reach the unreached.
Statement of faith
At Reach the Rest, we accept the Bible, God's Word, to be our only authority in faith and practice, and make the following declarations of belief:
THE WORD OF GOD
We believe the Bible to be the only Word of God: fully inspired and without error in the original manuscripts, written under the inspiration of the Holy Spirit, and having supreme authority in all matters of faith and conduct. (II Timothy 3:16-17; II Peter 1:20-21; Matthew 5:18; John 16:12-13).
THE TRINITY
We believe that there is one living and true God, eternally existing in three persons, that these are equal in every divine perfection, and that they execute distinct but harmonious offices in the work of creation, providence, and redemption. (Deuteronomy 6:4; II Corinthians 13:14).
GOD THE FATHER
We believe in God the Father, an infinite personal Spirit, perfect in holiness, wisdom, power, and love. We believe that He concerns Himself mercifully in the affairs of men, that He hears and answers prayers, and that He saves from sin and death all who come to Him through Jesus Christ. (John 17:3; Ephesians 1:17, 20-21; I Corinthians 2:6-13; I John 5:14-15; Jeremiah 9:23-24; John 3:16-17).
JESUS CHRIST
We believe in Jesus Christ, God's only begotten Son, conceived by the Holy Spirit. We believe in His virgin birth, sinless life, miracles, and teachings. We believe in His substitutionary, atoning death, bodily resurrection, ascension into heaven, perpetual intercession for His people, and personal visible return to earth. (John 1:1-2; Luke 1:35; Romans 3:24; I Peter 2:24; Ephesians 1:7; I Peter 1:3-5; Acts 1:9-10; Hebrews 7:25; Romans 8:34; I John 2:1-2).
THE HOLY SPIRIT
We believe in the Holy Spirit who came forth from the Father and Son to convict the world of sin and to regenerate, sanctify, and empower all who believe in Jesus Christ. We believe that the Holy Spirit indwells every believer in Christ and that He is an abiding helper, teacher, and guide. (John 16:8-11; II Corinthians 3:6; I Corinthians 12:12-14; Romans 8:9; Ephesians 5:18).
REGENERATION
We believe that all men are sinners by nature and by choice and are, therefore, under condemnation and that there are no good deeds a person can do to free himself from condemnation. We believe that those who receive Jesus Christ as Lord and trust in Him by faith as the only way to salvation are regenerated by the Holy Spirit. (Ephesians 2:8-10; John 1:12; Ephesians 1:7; I Peter 1:18-19).
THE LAST THINGS
We believe in the personal and visible return of the Lord Jesus Christ to the earth and the establishment of His Kingdom. We believe in the resurrection of the body, the final judgment, the eternal peace and joy of the righteous, and the endless suffering of the wicked. (I Peter 4:5; Romans 14:9; II Timothy 4:1).
THE CHURCH
We believe in the universal church, a living spiritual body of which Christ is the head and all regenerated persons are members. We believe in the local church, consisting of a company of believers in Jesus Christ, baptized on a credible profession of faith, and associated for worship, work, and fellowship. We believe that God has laid upon the members of the local church the primary task of giving the Gospel of Jesus Christ to a lost world. (Ephesians 1:22-23, 5:25-27; I Corinthians 12:12-14; II Corinthians 11:2; Acts 14:27; Acts 18:22; Acts 20:17; I Timothy 3:1-3; Titus 1:5-11; Acts 13:1-4; Acts 15:19-31; Acts 20:28; Romans 16:1, 4; I Corinthians 3:9, 16; I Corinthians 5:4-7, 13; I Peter 5:1-4).
Donor confidence score
Show donor confidence score detailsTransparency grade
C
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Financial efficiency ratings
Sector: Evangelism
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 134 of 1107 | 9 of 48 | |
Fund acquisition rating | 612 of 1108 | 27 of 48 | |
Resource allocation rating | 93 of 1108 | 9 of 48 | |
Asset utilization rating | 150 of 1107 | 9 of 48 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 7% | 7% | 5% | 6% | 3% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 7% | 7% | 5% | 6% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 97% | 100% | 100% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 7% | 6% | 6% | 6% | 3% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 3% | 0% | 0% | 0% | 0% | 0% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 89% | 89% | 85% | 83% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 98% | 104% | 77% | 93% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 78% | 87% | 93% | 65% | 77% | 84% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 2% | -4% | 23% | 7% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 6% | -11% | 40% | 16% | 6% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 4% | 5% | 9% | 11% | 12% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.07 | 3.56 | 2.49 | 1.31 | 2.12 | 3.19 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.64 | 1.00 | 1.00 | 1.00 | 1.01 | 1.02 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.28 | 3.56 | 2.49 | 1.31 | 2.13 | 3.26 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 8.95 | 14536.51 | 336.85 | 3621.58 | 509.47 | 291.25 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.68 | 3.37 | 4.80 | 9.17 | 5.62 | 3.67 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 0% | 0% | 0% | 0% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 82% | 28% | 40% | 77% | 47% | 31% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $1,250,140 | $1,177,617 | $1,296,527 | $777,960 | $641,040 |
Receivables, inventories, prepaids | $0 | $0 | $0 | $0 | $0 |
Short-term investments | $0 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $1,250,140 | $1,177,617 | $1,296,527 | $777,960 | $641,040 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $0 | $833 | $2,500 | $4,167 | $0 |
Other long-term assets | $0 | $0 | $0 | $0 | $14,143 |
Total long-term assets | $0 | $833 | $2,500 | $4,167 | $14,143 |
Total assets | $1,250,140 | $1,178,450 | $1,299,027 | $782,127 | $655,183 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $86 | $3,496 | $358 | $1,527 | $2,201 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $86 | $3,496 | $358 | $1,527 | $2,201 |
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 | $86 | $3,496 | $358 | $1,527 | $2,201 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $486,471 | $446,996 | $854,096 | $425,899 | $632,711 |
With donor restrictions | $763,583 | $727,958 | $444,573 | $354,701 | $20,271 |
Net assets | $1,250,054 | $1,174,954 | $1,298,669 | $780,600 | $652,982 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $4,528,734 | $2,813,144 | $2,210,918 | $1,784,143 | $2,128,235 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $2,350 | $202 | $117 | $197 | $295 |
Other revenue | $0 | $0 | $3,763 | $0 | $0 |
Total other revenue | $2,350 | $202 | $3,880 | $197 | $295 |
Total revenue | $4,531,084 | $2,813,346 | $2,214,798 | $1,784,340 | $2,128,530 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $3,961,913 | $2,606,276 | $1,443,233 | $1,369,093 | $1,780,518 |
Management and general | $174,169 | $141,493 | $147,283 | $187,038 | $255,624 |
Fundraising | $319,902 | $189,292 | $106,213 | $100,591 | $53,482 |
Total expenses | $4,455,984 | $2,937,061 | $1,696,729 | $1,656,722 | $2,089,624 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $75,100 | ($123,715) | $518,069 | $127,618 | $38,906 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $75,100 | ($123,715) | $518,069 | $127,618 | $38,906 |
Compensation
Name | Title | Compensation |
Michael Jackson | VP of Development | $120,400 |
Cory Bullock | CEO | $61,000 |
Compensation data as of: 12/31/2023
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 10/2/2024. To update the information below, please email: [email protected]
History
Program accomplishments
In 2023,
Over 178,961 new believers came to know Jesus Christ as their Savior. 1,298,059 Gospel Shares
Engaged over 1,598 UPGs and/or UUPGs with the transformative power of Christ.
Initiated 32,765 new churches among former UPGs and UUPGs.
Over 53,278 baptisms occurred
222,665 Leaders were identified and taken through a proven training process with skilled trainers.