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

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Transparency grade

D

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Financial efficiency ratings

Sector: Christian Foundations

CategoryRatingOverall rankSector rank
Overall efficiency rating685 of 11137 of 10
Fund acquisition rating1060 of 11148 of 10
Resource allocation rating588 of 11145 of 10
Asset utilization rating226 of 11135 of 10

Financial ratios

Funding ratiosSector median20232022202120202019
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 ratiosSector median20232022202120202019
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 ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.300.410.420.320.590.42
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.571.071.081.081.181.16
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
0.470.440.450.350.690.49
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
395.82978.9717528.152889.222552.512966.79
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.000.000.000.000.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
25.7427.3626.7734.3217.3424.41
 
Solvency ratiosSector median20232022202120202019
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
 
Assets20232022202120202019
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
 
Liabilities20232022202120202019
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 assets20232022202120202019
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
 
Revenue20232022202120202019
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
 
Expenses20232022202120202019
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 assets20232022202120202019
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

NameTitleCompensation
B Rex JonesPresident/CEO$207,627
Shana R SouthChief Financial Officer$135,338
Stephanie JonesSecretary$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.


Program accomplishments


Needs