Agape Flights

The information on this page was last updated 5/25/2023. If you see errors or omissions, please email: [email protected]


Summary

Mission Partners need resources to impact the Caribbean for Christ. We Listen. We Respond. We Deliver.


Contact information

Mailing address:
Agape Flights
100 Airport Ave E
Venice, FL 34285

Website: agapeflights.com

Phone: 941-488-0990

Email: [email protected]


Organization details

EIN: 592057436

CEO/President: Allen Speer

Chairman: Adrienne McCutcheon

Board size: 8

Founder: Keith and Clara Starkey

Ruling year: 1981

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2014


Purpose

In a world where resources are few and the infrastructure is sparse, Agape Flights' timely deliveries of mail and supplies are vital to sustain missionary families and their ministries. Hundreds of mission partners rely on Agape Flights to transport the mail and supplies they need while living and working on the mission field in Haiti, the Dominican Republic, and the Bahamas.
,br> Agape Flights is an important stateside connection for missionaries - by serving as their "home" address, Agape provides dependable mail service and the personalized cargo service the missionaries need.

Vision: A world where mission partners never lack resources to share the unconditional love of Christ. "For the ministry of this service is not only supplying the needs of the saints, but is also overflowing in many acts of thanksgiving to God." 2 Corinthians 9:12


Mission statement

Mission Partners need resources to impact the Caribbean for Christ. We Listen. We Respond. We Deliver.


Statement of faith

We Believe
...in the Holy scriptures as originally given by God, divinely inspired, infallible, entirely trustworthy; and the supreme authority in all matters of faith and conduct
...in one God, eternally existent in three persons, Father, Son and Holy Spirit
...in our Lord Jesus Christ, God manifest in the flesh, His virgin birth, His sinless human life, His divine miracles, His vicarious and atoning death, His bodily resurrection, His ascension, His mediatorial work, and His personal return in power and glory
...in marriage being only between one man and one woman as instituted by God with Adam and Eve and reaffirmed by Jesus in the New Testament
...in the Salvation of lost and sinful man through the shed blood of the Lord Jesus Christ by faith apart from works and regeneration by the Holy Spirit
...in the Holy Spirit, by whose indwelling the believer is enabled to live a holy life, to witness and work for the Lord Jesus Christ
...in the unity of the Spirit of all true believers, the Church, the body of Christ
...in the Resurrection of both the saved and the lost; they that are saved unto the resurrection of life, they that are lost unto the resurrection of damnation

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating851 of 1104110 of 143
Fund acquisition rating554 of 110575 of 143
Resource allocation rating621 of 110575 of 143
Asset utilization rating998 of 1104130 of 143

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%6%12%9%8%19%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%5%10%8%7%15%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%84%86%89%91%78%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%9%13%8%8%16%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%16%14%11%9%22%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%84%82%88%88%75%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%57%82%99%89%91%
Program output ratio Program output ratio =
Program services /
Total revenue
82%48%67%87%79%68%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%43%18%1%11%9%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%27%12%1%12%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
8%8%6%4%4%9%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.320.350.530.991.020.45
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.211.501.401.531.571.69
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.960.530.741.511.590.76
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
18.8147.8243.1542.6033.2031.28
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.020.020.020.030.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.6722.3115.897.747.3015.34
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%2%2%2%2%4%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%2%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
68%280%186%99%96%214%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$1,902,702$1,138,601$678,867$694,283$615,708
Receivables, inventories, prepaids$273,168$204,561$80,133$57,312$58,302
Short-term investments$1,415,097$1,662,022$1,364,639$1,236,414$975,578
Other current assets$0$0$0$0$0
Total current assets$3,590,967$3,005,184$2,123,639$1,988,009$1,649,588
Long-term investments$0$0$0$0$32,073
Fixed assets$1,794,002$1,178,040$1,129,969$1,127,405$1,111,715
Other long-term assets$0$29,827$0$40$0
Total long-term assets$1,794,002$1,207,867$1,129,969$1,127,445$1,143,788
Total assets$5,384,969$4,213,051$3,253,608$3,115,454$2,793,376
 
Liabilities20222021202020192018
Payables and accrued expenses$75,100$69,645$49,854$59,873$45,759
Other current liabilities$0$0$0$0$6,979
Total current liabilities$75,100$69,645$49,854$59,873$52,738
Debt$0$0$0$0$65,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$8,742$13,174$9,383$8,651$5,748
Total long-term liabilities$8,742$13,174$9,383$8,651$70,748
Total liabilities$83,842$82,819$59,237$68,524$123,486
 
Net assets20222021202020192018
Without donor restrictions$4,086,114$3,161,614$2,190,326$1,610,165$1,482,193
With donor restrictions$1,215,013$968,618$1,004,045$1,436,765$1,187,697
Net assets$5,301,127$4,130,232$3,194,371$3,046,930$2,669,890
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$2,782,047$2,312,556$2,882,509$3,213,403$1,063,744
Program service revenue$429,226$318,772$293,665$286,214$277,581
Membership dues$0$0$0$0$0
Investment income$111,176$25,184$27,910$35,474$33,042
Other revenue$0$38,325$47,526$11,426($5,807)
Total other revenue$540,402$382,281$369,101$333,114$304,816
Total revenue$3,322,449$2,694,837$3,251,610$3,546,517$1,368,560
 
Expenses20222021202020192018
Program services$1,587,479$1,811,917$2,817,041$2,795,380$934,959
Management and general$142,477$127,818$127,404$120,121$111,511
Fundraising$160,804$277,534$271,409$252,703$202,857
Total expenses$1,890,760$2,217,269$3,215,854$3,168,204$1,249,327
 
Change in net assets20222021202020192018
Surplus (deficit)$1,431,689$477,568$35,756$378,313$119,233
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,431,689$477,568$35,756$378,313$119,233

Compensation

NameTitleCompensation
Allen SpeerCEO$94,878

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 5/25/2023. To update the information below, please email: [email protected]


History

Agape Flights was founded by Keith and Clara Starkey on October 24, 1980. In the words of Clara Starkey, "God laid it on our hearts to buy an aircraft to fly supplies into Haiti." They chose the Greek word for love, AGAPE (the unconditional love He has for each of us) to describe their mission and their ministry.

On November 15, 1980, Agape's inaugural flight left the Sarasota-Bradenton International Airport, bound for Cap Haitien, Haiti. The small Cessna 411 was loaded with donated emergency supplies and mail for about 25 missionary families.

Today, Agape Flights serves as a lifeline from family, friends, and supporters to more than 300 missionary families in Haiti, the Dominican Republic and the Bahamas.

Keith and Clara Starkey founded Agape Flights on radical faith and love, and today, 40 years later, their legacy of love and faith flies on week after week, serving 300 missionary affiliates throughout Haiti, the Bahamas, and the Dominican Republic...impacting millions.

As Keith and Clara Starkey entered into the arms of Jesus on April 23, 2014 and February 6, 2020 (respectively) we can only imagine their heavenly homecoming. Certainly, they heard "Well done thou good and faithful servant" as they were being introduced to people who are there because they were faithful.


Program accomplishments

300 mission partners served in 2022
63 flights in 2022
100 Tons of Cargo, Mail, and emergency supplies delivered in 2022


Needs