Christian Community Foundation Of Memphis And The Mid South Inc 
The information on this page was last updated 1/31/2024. If you see errors or omissions, please email: [email protected]
Summary
The Christian Community Foundation is a nonprofit empowering strategic and impactful giving. It is our vision to transform Memphis and the world through God-inspired giving to Christian ministries and academic, economic and relational nonprofit organizations. CCF exists to help our family of givers give!
Contact information
Mailing address:
Christian Community Foundation
6075 Poplar Ave.
Suite 130
Memphis, TN 38119
Website: www.ccfmemphis.com
Phone: (901) 682-6201
Email: [email protected]
Organization details
EIN: 621752885
CEO/President: Rex Jones
Chairman: Bryan Miller
Board size: 19
Founder:
Ruling year:
Tax deductible: Yes
Fiscal year end: 04/30
Member of ECFA: No
Member of ECFA since:
Purpose
We seek transformation of the city of Memphis through churches and ministries that combine Christian faith and Christian action. Our vision is the transformation of the city of Memphis through the building of God's Kingdom in the following areas: Spiritual, Academic, Economic, Relational.
Mission statement
Christian Community Foundation exists to serve Mid-South donors and ministries to facilitate the building of God's kingdom in our community and throughout the world. Our mission is to encourage philanthropy and increase giving. We seek transformation of the city of Memphis through churches and ministries that combine Christian faith and Christian action.
Statement of faith
The Scriptures of the Old and New Testaments are the divine Word of God, the final and supreme authority in all matters of faith and conduct. The Scriptures are infallible, that is without error.
God reveals himself as the living and true God, Creator of all things, perfect in love and righteous in all His ways. This one God exists eternally as a Trinity of persons: the Father, the Son and the Holy Spirit.
Humankind was created in the image of God that he might have fellowship with Him. Being estranged from God by disobedience, humankind is incapable of a right relationship to God apart from God's grace.
The only Mediator between God and humankind is Jesus Christ our Lord, God's eternal Son, who as a man shared and fulfilled our humanity in a life of perfect obedience.
By His death in our place, Jesus revealed the divine love and upheld divine justice, removing our guilt and reconciling us to God. Having risen bodily from the dead and ascended into Heaven, He rules as Lord over all and intercedes for us as our great High Priest.
The Holy Spirit through the proclamation of the Gospel renews our hearts, persuading us to repent of our sins and confess Jesus as Lord. By the same Spirit we are led to trust in divine mercy, whereby we are forgiven all our sins, justified by faith through the merit of Christ our Savior, adopted in God's family as His children and enabled us to live in the world that people may see our good works and glorify our Father who is in heaven.
God by His work and Spirit calls sinful men and women into the fellowship of Christ's body. Thus He creates the one holy, catholic and apostolic church, united in the bonds of love, endowed with gifts of the Spirit and summoned by Christ to preach the Gospel and to administer the sacraments, to relieve human need and to strive for social justice.
God's redemptive purpose will be consummated by the return of Christ to raise the dead, judge all humankind and establish His glorious kingdom. Those who are apart from Christ shall be eternally separated from God's presence, but the righteous shall live and reign with Him forever.
Donor confidence score
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Foundations
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 660 of 1118 | 7 of 10 |
| Fund acquisition rating | | 1068 of 1119 | 8 of 10 |
| Resource allocation rating | | 542 of 1119 | 5 of 10 |
| Asset utilization rating | | 228 of 1118 | 5 of 10 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 0% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 94% | 93% | 92% | 94% | 98% | 94% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 0% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 6% | 7% | 8% | 6% | 2% | 6% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 98% | 99% | 99% | 98% | 99% | 99% |
Spending ratio Spending ratio = Total expenses / Total revenue | 73% | 97% | 91% | 78% | 96% | 80% |
Program output ratio Program output ratio = Program services / Total revenue | 71% | 96% | 90% | 76% | 95% | 79% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 27% | 3% | 9% | 22% | 4% | 20% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 11% | 1% | 4% | 10% | 3% | 11% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 2% | 1% | 1% | 2% | 1% | 1% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.30 | 0.41 | 0.42 | 0.32 | 0.59 | 0.42 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.57 | 1.07 | 1.08 | 1.08 | 1.18 | 1.16 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 0.47 | 0.44 | 0.45 | 0.35 | 0.69 | 0.49 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 395.82 | 978.97 | 17528.15 | 2889.22 | 2552.51 | 2966.79 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.00 | 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) | 25.74 | 27.36 | 26.77 | 34.32 | 17.34 | 24.41 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 3% | 4% | 3% | 3% | 3% | 3% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 305% | 236% | 235% | 300% | 165% | 229% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $8,560,404 | $5,223,422 | $8,082,704 | $25,035,030 | $24,273,294 |
| Receivables, inventories, prepaids | $19,624,814 | $18,362,243 | $17,502,547 | $18,124,289 | $27,202,160 |
| Short-term investments | $167,150,149 | $162,230,230 | $165,432,829 | $90,694,328 | $93,244,371 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $195,335,367 | $185,815,895 | $191,018,080 | $133,853,647 | $144,719,825 |
| Long-term investments | $0 | $0 | $0 | $10,454,833 | $10,123,451 |
| Fixed assets | $5,589 | $7,337 | $11,915 | $16,700 | $6,854 |
| Other long-term assets | $14,359,300 | $14,692,486 | $14,718,042 | $13,696,028 | $13,575,030 |
| Total long-term assets | $14,364,889 | $14,699,823 | $14,729,957 | $24,167,561 | $23,705,335 |
| Total assets | $209,700,256 | $200,515,718 | $205,748,037 | $158,021,208 | $168,425,160 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $199,532 | $10,601 | $66,114 | $52,440 | $48,780 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $199,532 | $10,601 | $66,114 | $52,440 | $48,780 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $7,635,874 | $5,132,057 | $5,530,921 | $4,733,684 | $5,223,656 |
| Total long-term liabilities | $7,635,874 | $5,132,057 | $5,530,921 | $4,733,684 | $5,223,656 |
| Total liabilities | $7,835,406 | $5,142,658 | $5,597,035 | $4,786,124 | $5,272,436 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $201,864,850 | $195,373,060 | $200,151,002 | $153,235,084 | $163,152,724 |
| With donor restrictions | $0 | $0 | $0 | $0 | $0 |
| Net assets | $201,864,850 | $195,373,060 | $200,151,002 | $153,235,084 | $163,152,724 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $82,389,443 | $84,683,441 | $80,428,154 | $94,183,723 | $83,695,269 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $6,092,422 | $6,956,137 | $5,269,454 | $2,249,087 | $5,696,551 |
| Other revenue | ($227,329) | $27,072 | $134,074 | $70,590 | $48,498 |
| Total other revenue | $5,865,093 | $6,983,209 | $5,403,528 | $2,319,677 | $5,745,049 |
| Total revenue | $88,254,536 | $91,666,650 | $85,831,682 | $96,503,400 | $89,440,318 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $84,331,131 | $82,071,989 | $65,613,863 | $91,391,456 | $70,226,929 |
| Management and general | $1,140,086 | $1,098,904 | $1,034,734 | $1,102,472 | $789,213 |
| Fundraising | $125,727 | $120,569 | $115,213 | $126,961 | $110,672 |
| Total expenses | $85,596,944 | $83,291,462 | $66,763,810 | $92,620,889 | $71,126,814 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $2,657,592 | $8,375,188 | $19,067,872 | $3,882,511 | $18,313,504 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $2,657,592 | $8,375,188 | $19,067,872 | $3,882,511 | $18,313,504 |
Compensation
| Name | Title | Compensation |
| B Rex Jones | President/CEO | $207,627 |
| Shana R South | Chief Financial Officer | $135,338 |
| Stephanie Jones | Secretary | $126,831 |
Compensation data as of: 4/30/2023
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 1/31/2024. To update the information below, please email: [email protected]
History
Since our founding in 1992, our donors have strategically given nearly $500 million through the Foundation. Of this amount, almost 75 percent stayed in Memphis and more than 75 percent went to Christian ministries serving primarily the educational and other needs of youth and families.