Search Ministries, Inc.
The information on this page was last updated 5/19/2023. If you see errors or omissions, please email: [email protected]
Summary
The story of Search is the search for meaningful stories. It's been our mission for 40 years to invite adults to take a next step toward God. We do this by asking life's "big questions," offering honest answers, and initiating meaningful conversations. These conversations turn into genuine friendships and these friendships then become testaments to God's grace.
These conversations are happening across the country, in 23 cities with a staff of over 60 committed individuals and growing every day.
Contact information
Mailing address:
Search Ministries Inc.
4330 W. Vickery Blvd.
Suite 150
Fort Worth, TX 76107
Website: searchnational.org
Phone: (800) 617-3272
Email: https://searchnational.org/contact-us/
Organization details
EIN: 751627393
CEO/President: Tim Kilpatrick
Chairman: Nola Meyer
Board size: 10
Founder:
Ruling year: 1985
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 1985
Purpose
Every adult in every city invited to know and share Jesus.
Mission statement
Inviting adults to take a next step toward God.
Statement of faith
Donor confidence score
This organization does not file a Form 990.
Show donor confidence score detailsTransparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Growth
This ministry has not been rated.
Financial ratios
| Funding ratios | Sector median | 2015 | 2014 | 2013 | 2012 | 2011 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 1% | 1% | 1% | 1% | 1% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 1% | 1% | 1% | 1% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 84% | 94% | 94% | 92% | 94% | 94% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 1% | 1% | 1% | 1% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 16% | 6% | 6% | 8% | 6% | 6% |
| Operating ratios | Sector median | 2015 | 2014 | 2013 | 2012 | 2011 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 86% | 86% | 87% | 86% | 86% |
Spending ratio Spending ratio = Total expenses / Total revenue | 100% | 102% | 96% | 103% | 94% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 82% | 87% | 82% | 89% | 81% | 84% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 0% | -2% | 4% | -3% | 6% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 0% | -2% | 5% | -4% | 9% | 3% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 13% | 14% | 13% | 13% | 13% |
| Investing ratios | Sector median | 2015 | 2014 | 2013 | 2012 | 2011 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.03 | 1.33 | 1.20 | 1.40 | 1.29 | 1.43 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.51 | 1.05 | 1.04 | 1.05 | 1.05 | 1.05 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.59 | 1.39 | 1.25 | 1.47 | 1.35 | 1.50 |
| Liquidity ratios | Sector median | 2015 | 2014 | 2013 | 2012 | 2011 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.08 | 24.53 | 26.47 | 54.85 | 26.30 | 26.85 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.09 | 0.04 | 0.04 | 0.02 | 0.04 | 0.04 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.55 | 8.26 | 9.23 | 7.99 | 8.56 | 7.71 |
| Solvency ratios | Sector median | 2015 | 2014 | 2013 | 2012 | 2011 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 16% | 4% | 4% | 2% | 4% | 4% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 78% | 72% | 80% | 70% | 75% | 68% |
Financials
| Balance sheet | |||||
| Assets | 2015 | 2014 | 2013 | 2012 | 2011 |
| Cash | $828,721 | $680,531 | $1,326,332 | $4,950,788 | $4,494,580 |
| Receivables, inventories, prepaids | $32,284 | $28,267 | $24,247 | $23,638 | $13,647 |
| Short-term investments | $4,099,035 | $4,376,232 | $3,336,361 | $0 | $0 |
| Other current assets | $50,066 | $49,423 | $52,787 | $56,188 | $62,351 |
| Total current assets | $5,010,106 | $5,134,453 | $4,739,727 | $5,030,614 | $4,570,578 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $244,801 | $221,576 | $243,527 | $241,973 | $230,594 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $244,801 | $221,576 | $243,527 | $241,973 | $230,594 |
| Total assets | $5,254,907 | $5,356,029 | $4,983,254 | $5,272,587 | $4,801,172 |
| Liabilities | 2015 | 2014 | 2013 | 2012 | 2011 |
| Payables and accrued expenses | $117,616 | $97,830 | $47,688 | $140,383 | $107,150 |
| Other current liabilities | $86,607 | $96,176 | $38,724 | $50,893 | $63,062 |
| Total current liabilities | $204,223 | $194,006 | $86,412 | $191,276 | $170,212 |
| 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 | $204,223 | $194,006 | $86,412 | $191,276 | $170,212 |
| Net assets | 2015 | 2014 | 2013 | 2012 | 2011 |
| Without donor restrictions | $4,493,184 | $4,421,996 | $4,107,555 | $4,129,790 | $3,756,661 |
| With donor restrictions | $557,500 | $740,027 | $789,287 | $951,521 | $874,299 |
| Net assets | $5,050,684 | $5,162,023 | $4,896,842 | $5,081,311 | $4,630,960 |
| Revenues and expenses | |||||
| Revenue | 2015 | 2014 | 2013 | 2012 | 2011 |
| Total contributions | $6,431,678 | $6,286,743 | $6,270,369 | $6,799,336 | $6,584,839 |
| Program service revenue | $303,868 | $307,013 | $493,845 | $398,359 | $336,628 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $76,816 | $110,332 | $1,423 | $15 | $12,734 |
| Other revenue | $55,541 | ($13,207) | $34,649 | $40,145 | $59,648 |
| Total other revenue | $436,225 | $404,138 | $529,917 | $438,519 | $409,010 |
| Total revenue | $6,867,903 | $6,690,881 | $6,800,286 | $7,237,855 | $6,993,849 |
| Expenses | 2015 | 2014 | 2013 | 2012 | 2011 |
| Program services | $6,000,181 | $5,496,975 | $6,042,777 | $5,835,527 | $5,909,709 |
| Management and general | $920,953 | $880,598 | $888,989 | $894,778 | $882,818 |
| Fundraising | $58,108 | $48,127 | $52,989 | $57,199 | $55,767 |
| Total expenses | $6,979,242 | $6,425,700 | $6,984,755 | $6,787,504 | $6,848,294 |
| Change in net assets | 2015 | 2014 | 2013 | 2012 | 2011 |
| Surplus (deficit) | ($111,339) | $265,181 | ($184,469) | $450,351 | $145,555 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($111,339) | $265,181 | ($184,469) | $450,351 | $145,555 |
Compensation
Compensation data for this ministry has not been collected.
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 5/19/2023. To update the information below, please email: [email protected]
History
The story of Search begins with a group of courageous young men deeply committed to sharing God's love with as many people as possible. Their mission? To bring the best news in the world to their communities through honest conversations with spiritually curious adults. It's been the Search mission for 40 years to meet people wherever they are on their spiritual journey...some still exploring, others taking their first steps, and still others who are committed to helping their friends understand the truth they have personally experienced. That vision became a reality and Search was founded in 1977. Today, we exist in 23 cities with over 60 full and part-time staff and growing. And our mission is more relevant today than it has ever been.