Marketplace Ministries, Inc. / Marketplace Chaplains

The information on this page was last updated 5/16/2023. If you see errors or omissions, please email: [email protected]


Summary

Marketplace Chaplains is the largest and longest continuing provider of workplace chaplains to corporate America today.


Contact information

Mailing address:
Marketplace Chaplains
2001 West Plano Pkwy
Suite 3200
Plano, TX 75075

Website: mchapusa.com

Phone: 1-800-775-7657

Email: [email protected]


Organization details

EIN: 751977793

CEO/President: Jason Brown

Chairman: Robin Lewis

Board size: 8

Founder: Ann and Gil Stricklin

Ruling year: 1984

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1996


Purpose

Marketplace Chaplains provides personalized and proactive employee care through the use of dedicated Chaplain Care Teams for each company location. Chaplains are voluntary to use, neutral from company operations, and conversations with them are strictly confidential.

Male, female, and ethnically diverse chaplains are either full time or assignment-based depending on company locations and number of employees served. Our chaplain teams make regularly scheduled work site visits.

Employee Care is NOT a video, a website, an e-book, or a booklet!


Mission statement

Marketplace Chaplains exists to share God's love in the workplace by providing an employee care service through Chaplain Teams.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Christian Growth

CategoryRatingOverall rankSector rank
Overall efficiency rating89 of 11126 of 61
Fund acquisition rating526 of 111327 of 61
Resource allocation rating162 of 11135 of 61
Asset utilization rating20 of 11123 of 61

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%9%15%11%17%13%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%0%0%0%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
80%4%2%3%3%5%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%0%0%0%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
20%96%98%97%97%95%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%89%87%81%82%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%102%101%96%102%101%
Program output ratio Program output ratio =
Program services /
Total revenue
78%91%88%77%84%82%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%-2%-1%4%-2%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%-15%-7%20%-12%-2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%11%13%19%18%18%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.034.013.663.113.803.21
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.413.611.201.211.341.39
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.4614.494.403.765.104.46
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.430.982.973.624.365.14
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.101.020.340.280.230.19
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.09-0.021.812.311.812.17
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
12%48%33%28%22%20%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
80%13%18%23%21%25%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$386,805$2,170,327$1,713,266$705,301$784,496
Receivables, inventories, prepaids$1,476,368$715,472$909,723$933,092$818,543
Short-term investments$9,461$2,138,668$2,329,150$2,243,586$2,496,562
Other current assets$0$0$0$0$0
Total current assets$1,872,634$5,024,467$4,952,139$3,881,979$4,099,601
Long-term investments$0$0$0$0$0
Fixed assets$897,222$719,489$1,035,640$1,326,485$1,593,278
Other long-term assets$3,998,788$297,888$0$1,744$5,947
Total long-term assets$4,896,010$1,017,377$1,035,640$1,328,229$1,599,225
Total assets$6,768,644$6,041,844$5,987,779$5,210,208$5,698,826
 
Liabilities20222021202020192018
Payables and accrued expenses$1,575,006$1,444,556$1,297,688$801,102$734,657
Other current liabilities$343,504$249,499$69,308$89,007$62,691
Total current liabilities$1,918,510$1,694,055$1,366,996$890,109$797,348
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,334,052$303,326$285,706$248,873$347,478
Total long-term liabilities$1,334,052$303,326$285,706$248,873$347,478
Total liabilities$3,252,562$1,997,381$1,652,702$1,138,982$1,144,826
 
Net assets20222021202020192018
Without donor restrictions$3,375,835$3,703,172$3,760,874$3,178,568$3,600,014
With donor restrictions$140,247$341,291$574,203$892,658$953,986
Net assets$3,516,082$4,044,463$4,335,077$4,071,226$4,554,000
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$997,467$490,803$664,574$587,839$835,907
Program service revenue$25,402,804$21,322,072$18,812,065$18,688,249$17,359,077
Membership dues$0$0$0$0$0
Investment income$17,904$19,802$27,763$20,787$11,951
Other revenue$189,096$3,407$2,363$31,991$3,844
Total other revenue$25,609,804$21,345,281$18,842,191$18,741,027$17,374,872
Total revenue$26,607,271$21,836,084$19,506,765$19,328,866$18,210,779
 
Expenses20222021202020192018
Program services$24,092,421$19,263,809$15,019,095$16,151,761$14,912,784
Management and general$2,956,694$2,789,390$3,542,539$3,559,087$3,283,596
Fundraising$86,537$73,499$73,280$100,792$105,505
Total expenses$27,135,652$22,126,698$18,634,914$19,811,640$18,301,885
 
Change in net assets20222021202020192018
Surplus (deficit)($528,381)($290,614)$871,851($482,774)($91,106)
Other changes in net assets$0$0$0$0$0
Total change in net assets($528,381)($290,614)$871,851($482,774)($91,106)

Compensation

NameTitleCompensation
jason BrownPRESIDENT/CEO$259,038
Timothy BoobarCFO start: 5/22$144,583
Larry KingCFO end: 5/22$99,845
Carroll MaclinPres: MM Int'l end:5/22$66,872
Heather YarbroughCHRO END: 5/22$58,129
Gary EllisCIO end: 5/22$41,108
Dick De WittPresident/CEO, END: 03/22$29,503

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 5/16/2023. To update the information below, please email: [email protected]


History

Founded in Dallas, Texas, on January 1, 1984, it has expanded every year for the past 39 years and today serves every state in the country as well as many companies in Canada and Mexico.

Founder Gil Stricklin's visionary leadership and willingness to obey God's call, along with support and encouragement from his wife Ann, fueled him to persistently present the idea to Dallas-area business leaders for years. Ed Bonneau became the first company leader as soon as he heard about the idea, immediately seeing it as the solution to solving many of his employees' problems. Gil then became the first chaplain, serving Bonneau's sunglasses distribution company.


Program accomplishments

Over 2,000 chaplains now serve from California to Massachusetts, providing personal care for more than 1,400,000 employees and family members.


Needs

There is a need for qualified chaplains due to the ever expanding partnership with more companies nationwide.