Reaching Souls International

The information on this page was last updated 11/29/2022. If you see errors or omissions, please email: [email protected]


Summary

The urgency of the Gospel message is clear throughout Scripture. But, in today's world, there are many who have yet to hear it, let alone put their faith in it. We believe that shouldn't be the case. We believe nobody is more effective or efficient in reaching a people group for Christ than its own members.

We strategically support more than 2000 local church leaders with an unquenchable passion for evangelism, who already understand not only the language but also the cultural and spiritual context of their communities. By partnering with them in this way, we are able to be more efficient in spreading the Gospel, intentional discipleship, and investing in the next generation of evangelists.

Through ongoing training, financial support and accountability, we come alongside evangelists already relationally connected to the people around them with the resources they need to maximize their mission and expand the body of Christ around the world.


Contact information

Mailing address:
Reaching Souls International
12625 S. Portland Ave
Oklahoma City, OK 73170

Website: reachingsouls.org

Phone: (405) 917-7000

Email: [email protected]


Organization details

EIN: 731019628

CEO/President: Dustin K. Manis

Chairman: Robert D. Gourley, M.D.

Board size: 10

Founder: Jimmy Hodges

Ruling year: 1977

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1994


Purpose

We believe that partnering with local leaders who are relationally connected to their communities is not only the most effective way to share the Gospel but also the most affordable. This method is strategic evangelism. Our National Missionaries are equipped with the local language and the cultural and spiritual context of their communities, which provide strong foundations for evangelism to take root and discipleship to occur naturally.


Mission statement

Reaching Souls International exists to reach the maximum number of people for Christ in the least amount of time in the most efficient way.


Statement of faith

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating1050 of 1092138 of 144
Fund acquisition rating981 of 1095125 of 145
Resource allocation rating867 of 1095116 of 145
Asset utilization rating963 of 1092125 of 144

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%13%11%20%12%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%13%11%19%12%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%99%99%96%98%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%15%14%13%13%10%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%1%1%4%2%3%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%76%78%80%81%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%83%75%145%89%85%
Program output ratio Program output ratio =
Program services /
Total revenue
78%63%58%116%72%71%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%17%25%-45%11%15%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%12%17%-21%6%8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%9%8%6%6%6%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.180.560.490.650.510.44
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.181.671.882.512.072.57
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.660.930.931.631.051.14
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
23.4365.3790.94150.3364.1599.37
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.030.020.010.010.020.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.7712.7312.827.3011.2010.46
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
5%2%2%2%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
77%176%199%150%193%224%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$5,133,015$4,575,732$2,700,028$3,551,804$2,253,843
Receivables, inventories, prepaids$1,058,665$266,449$278,928$765,120$988,305
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$6,191,680$4,842,181$2,978,956$4,316,924$3,242,148
Long-term investments$0$0$0$0$355,369
Fixed assets$645,757$673,129$758,453$769,099$778,175
Other long-term assets$3,477,245$3,580,861$3,735,597$3,842,513$3,949,954
Total long-term assets$4,123,002$4,253,990$4,494,050$4,611,612$5,083,498
Total assets$10,314,682$9,096,171$7,473,006$8,928,536$8,325,646
 
Liabilities20222021202020192018
Payables and accrued expenses$94,713$53,248$19,816$67,294$32,627
Other current liabilities$0$0$0$0$0
Total current liabilities$94,713$53,248$19,816$67,294$32,627
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$126,101$105,515$151,794$54,847$46,776
Total long-term liabilities$126,101$105,515$151,794$54,847$46,776
Total liabilities$220,814$158,763$171,610$122,141$79,403
 
Net assets20222021202020192018
Without donor restrictions$9,687,146$7,199,977$5,858,809$6,736,882$6,697,937
With donor restrictions$406,722$1,737,431$1,442,587$2,069,513$1,548,306
Net assets$10,093,868$8,937,408$7,301,396$8,806,395$8,246,243
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$6,861,951$5,935,660$3,222,618$4,980,140$4,218,436
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$51,016$79,150$137,738$118,494$137,174
Other revenue$0$0$0$0$0
Total other revenue$51,016$79,150$137,738$118,494$137,174
Total revenue$6,912,967$6,014,810$3,360,356$5,098,634$4,355,610
 
Expenses20222021202020192018
Program services$4,364,588$3,484,515$3,912,306$3,686,270$3,107,224
Management and general$505,189$359,427$296,706$253,423$217,829
Fundraising$876,902$640,329$654,512$613,616$356,316
Total expenses$5,746,679$4,484,271$4,863,524$4,553,309$3,681,369
 
Change in net assets20222021202020192018
Surplus (deficit)$1,166,288$1,530,539($1,503,168)$545,325$674,241
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,166,288$1,530,539($1,503,168)$545,325$674,241

Compensation

NameTitleCompensation
Dustin ManisChief Executive Officer President$306,191
Robin PalesanoChief Financial Officer Secretary$204,889
Odus ComptonChief Operating Officer$197,815
Jeff BradleyVice President Development$167,254
Marcus WilsonAssistant Vice President Development$147,803
Leah ScolesAssistant To President$104,849
Ben ManisPresident Emeritus$45,000

Compensation data as of: 6/30/2022


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 11/29/2022. To update the information below, please email: [email protected]


History

Reaching Souls International began as an answer to the prayer our founder, Jimmy Hodges, prayed over many years: that the Lord would reveal to him the most fruitful ministry strategy to reach souls for Christ. The Lord answered that prayer when Jimmy applied Paul's instructions in 2 Timothy 2:2 to communities where we could come alongside local church leaders, who are already doing their best to reach their own people for Christ. From the very beginning, this winning strategy was the blueprint for Reaching Souls.


Program accomplishments

58,730 churches planted
2,351 national missionaries
102.7 million salvation decisions


Needs