E3 Partners Ministry

The information on this page was last updated 9/27/2022. If you see errors or omissions, please email: [email protected]


Summary



Multiplying disciples and churches across the globe until every person & place has been reached for Christ.

Our digital media ministry known as I Am Second captures the attention of those far from God with raw, real-life stories of redemption through Jesus Christ-producing additional believers to train and mobilize.

e3 Partners deploys missionaries and church planters to six major regions around the world in order to proclaim a singular message: Jesus is Lord.


Contact information

Mailing address:
E3 Partners Ministry
2001 W Plano Pkwy, Suite 2600
Plano, TX 75075

Website: www.e3partners.org

Phone: (214) 440-1101

Email: [email protected]


Organization details

EIN: 161680978

CEO/President: Jim Shannon / Scott Cheatham

Chairman: Brett Flagg

Board size: 9

Founder: Mike Downey

Ruling year: 2003

Tax deductible: Yes

Fiscal year end: 03/31

Member of ECFA: Yes

Member of ECFA since: 1998


Purpose

Vision: To see a local church accessible to everyone, everywhere.

Our vision statement was born from a startling realization: 5.2 billion people around the world are far from God and many lack access to the life-changing message of the Gospel. That's why we diligently work to plant churches in over 90 countries across 6 continents.


Mission statement

To equip God's people to evangelize His world by establishing healthy, multiplying, transformative churches everywhere.


Statement of faith

THE GODHEAD
We believe that the Godhead eternally exists in three persons-the Father, the Son, and the Holy Spirit-and that these three are one God, having precisely the same nature, attributes, and perfections. Although their eternal relationship is inscrutable, there is no priority or superiority between the three persons. Each person of the Godhead is equally worthy of the same homage, confidence, and obedience. (Matt. 3:16-17, 28:18-20; Mark 12:29; John 1:14; Acts 5:3-4; II Corinthians 13:14; Hebrews 1:1-3; Revelation 1:4-6)

THE PERSON OF JESUS CHRIST
We believe in the deity of Jesus Christ, His virgin birth, sinless life, miracles, death on the cross to provide for our redemption, bodily resurrection and ascension into heaven, present ministry of intercession for us, and His return to earth in power and glory. (John 1:1,14; Philippians 2:6-7; Matthew 1:20-21; Luke 1:34-35; Isaiah 7:14; Luke 4:18-19; I Peter 3:18; I Timothy 2:4-6; I Corinthians 15:1-5, 12-20; Hebrews 7:25; I Thessalonians 4:13-18; Acts 1:10-11; Matthew 26:64; Revelation 19:11-16).

THE SCRIPTURES
We believe in the divine, plenary, and verbal inspiration of the Scriptures. The whole Bible is inspired in the sense that holy men of God were moved by the Holy Spirit to write the very words of Scripture. This divine inspiration extends equally and fully to all parts of the writings as appeared in the original manuscripts. Therefore, the whole Bible, in the originals, is without error. As the revelation of God, we believe the Bible to be the sole authority and sufficiency with regard to Christian faith and practice. As such, it serves as the standard upon which all Christian beliefs, morality, lifestyles, and behavior should be based and evaluated.

The Scriptures center upon the Lord Jesus Christ in His person and work in His first and second coming, and hence no portion is properly read, or understood, until it leads to Him. The Christian's responsibility and duty is to handle accurately the Word of Truth. The reading and interpretation of the Scriptures is to be under the guidance and illumination of the Holy Spirit. (Luke 24:27, 44; John 5:39; Acts 17:2-3; Romans 15:4; I Corinthians 2:12-16; II Timothy 2:15, 3:16; II Peter 1:21)
THE NATURE OF MAN

We believe that man was originally created in the image and after the likeness of God. Adam fell through sin, and as a consequence of his sin, lost his spiritual life. Becoming dead in trespasses and sins, he became subject to the power of the devil. This spiritual death, or total depravity of human nature, has been transmitted to the entire human race of man, the Man Christ Jesus alone being excepted. Thus every child of Adam is born into the world with a nature which not only possesses no spark of divine life, but is essentially and unchangeably sinful apart from divine grace. (Genesis 1:26, 2:17, 6:5; Psalm 14:1-3, 51:5; Jeremiah 17:9; John 3:6, 5:40, 6:35; Romans 3:10-19, 8:6-7; Ephesians 2:1-3; I Timothy 5:6; I John 3:8).

THE HOPE OF SALVATION
We believe that, due to universal death through sin, no one can enter the kingdom of God unless born again. Our redemption has been accomplished solely by the blood of our Lord Jesus Christ, who was made to be sin and was made a curse for us by dying in our place. (Leviticus 17:11; Isaiah 64:6; Matthew 26:28; John 3:7-18; Romans 5:6-9; II Corinthians 5:21; Galatians 3:13, 6:15; Ephesians 1:7; Philippians 3:4-9; Titus 3:5; James 1:18; I Peter 1:18-19, 23).

We believe that the new birth of the believer comes only through faith in Christ, not by works, and that repentance is a vital part of believing. (John 1:12, 3:16,18,36, 5:24, 6:29, 14:6; Acts 13:39, 16:31; Romans 1:16-17, 3:22,26, 4:5, 10:4; Galatians 3:22).

Such belief will motivate in God's children love, gratitude, and obedience to His commands (Luke 10:20; John 6:37, 10:28-30; II Corinthians 5:1, 6-8; Ephesians 1:13-14; II Timothy 1:12; Hebrews 10:22; I Peter 1:3-5; I John 5:13).

THE CHURCH
We believe that all those who have been redeemed by the grace of God through faith in Jesus Christ form the Body of Christ, the church. We also believe in the local church as the body of believers in a geographic locale who meet together to worship and serve God, observe the ordinances of Baptism and the Lord's Supper, and work together in a united effort to further the gospel of Christ. (I Corinthians 12:12-31; Ephesians 1:22-23, 4:11-16; Colossians 1:18).

THE GREAT COMMISSION
We believe the explicit message and mandate of our Lord Jesus Christ is to make disciples of all the nations. During His post-resurrection ministry, Christ gave two particular commands. First in Matthew 28, Jesus commands us to "Go and Make Disciples of All the Nations". Secondly, just before His Ascension, in Acts 1:8 we are called to be witnesses to "the remotest parts of the earth". The greatest responsibility and privilege of the church is to serve as ambassadors and witnesses for Christ (Matthew 28:18-20; Mark 16:15; John 17:18; Acts 1:8; II Corinthians 5:18-20; I Peter 1:17, 2:11).

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Transparency grade

A

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Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating443 of 102546 of 126
Fund acquisition rating872 of 102796 of 126
Resource allocation rating428 of 102750 of 126
Asset utilization rating135 of 102520 of 126

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%9%7%6%9%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%9%7%6%8%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%98%97%96%95%95%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%9%7%7%8%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%2%3%4%5%5%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%85%84%85%84%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%106%95%89%106%97%
Program output ratio Program output ratio =
Program services /
Total revenue
76%90%80%76%89%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%-6%5%11%-6%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%-14%12%35%-27%11%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%6%9%9%8%9%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.142.202.012.744.293.63
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.622.362.661.461.73
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.633.564.767.276.256.28
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
20.9817.816.935.164.635.16
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.060.140.190.220.19
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.793.182.161.331.501.54
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%10%12%7%15%11%
Debt ratio Debt ratio =
Debt /
Total assets
0%6%6%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
78%41%44%34%20%24%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$2,554,932$1,798,856$964,668$1,515,250$1,298,105
Receivables, inventories, prepaids$813,025$772,406$846,650$1,025,708$1,136,927
Short-term investments$0$0$85,275$80,176$178,633
Other current assets$660,970$661,899$496,452$463,559$551,348
Total current assets$4,028,927$3,233,161$2,393,045$3,084,693$3,165,013
Long-term investments$0$0$0$0$0
Fixed assets$641,679$523,855$454,158$515,372$650,793
Other long-term assets$1,865,830$3,885,000$3,511,622$896,518$1,666,875
Total long-term assets$2,507,509$4,408,855$3,965,780$1,411,890$2,317,668
Total assets$6,536,436$7,642,016$6,358,825$4,496,583$5,482,681
 
Liabilities20202019201820172016
Payables and accrued expenses$226,154$466,512$463,985$665,642$613,118
Other current liabilities$0$0$0$0$0
Total current liabilities$226,154$466,512$463,985$665,642$613,118
Debt$400,000$450,000$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$400,000$450,000$0$0$0
Total liabilities$626,154$916,512$463,985$665,642$613,118
 
Net assets20202019201820172016
Without donor restrictions$1,941,499$594,074$1,702,737$799,202$1,078,494
With donor restrictions$3,968,783$6,131,430$4,192,103$3,031,739$3,791,069
Net assets$5,910,282$6,725,504$5,894,840$3,830,941$4,869,563
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$13,296,719$15,771,244$18,786,236$17,404,469$19,430,120
Program service revenue$0$0$537,444$714,882$896,608
Membership dues$0$0$0$0$0
Investment income$0$0$145,497$134,816$105,164
Other revenue$239,314$446,789$0$0$0
Total other revenue$239,314$446,789$682,941$849,698$1,001,772
Total revenue$13,536,033$16,218,033$19,469,177$18,254,167$20,431,892
 
Expenses20202019201820172016
Program services$12,198,474$12,987,398$14,713,654$16,253,604$17,262,737
Management and general$913,511$1,317,536$1,551,054$1,502,018$1,812,421
Fundraising$1,239,270$1,082,435$1,140,570$1,537,167$805,521
Total expenses$14,351,255$15,387,369$17,405,278$19,292,789$19,880,679
 
Change in net assets20202019201820172016
Surplus (deficit)($815,222)$830,664$2,063,899($1,038,622)$551,213
Other changes in net assets$0$0$0$0$0
Total change in net assets($815,222)$830,664$2,063,899($1,038,622)$551,213

Compensation

NameTitleCompensation
Mike JorgensenExec. Dir. I Am Second$147,905
Claudia AdameExec. VP Mission Support$145,573
Kimberly HartmannVP of Development$130,654
John HumphreyVP I Am Second$127,531
Scott CheathamExec. VP Operations$120,000
Brad PrizerVP Marketing & Comm$110,000
Jeffrey SundellExec. VP$76,725
James ShannonCEO$41,222

Compensation data as of: 3/31/2021


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 9/27/2022. To update the information below, please email: [email protected]


History

In the summer of 1984, Rev. Mike Downey, and 15 of his Oklahoma church members and others from their Spanish speaking mission church to Mexico for a short-term mission trip. Partnering up with an existing national church, they began to evangelize in their city. Over two hundred professed their faith in Jesus Christ and a new church bloomed.

Upon returning Mike and his church decided that they would return the following summer and attempted to plant churches purposely this time. God planted through them five new mission churches. The following year, Mike left the pastorate to pursue the establishment of a church-planting ministry, Global Missions Fellowship (EIN: 75-2216539).

Global Missions Fellowship was merged into Global Partners Ministries (EIN: 16-1680978) effective January 1, 2004.

Global Partners Ministries then changed their name to E3 Partners Ministry.


Program accomplishments


Needs

As a non-profit organization, e3 Partners Ministry relies on the generosity of our friends and partners-faithful believers like you who want to see the hope of the Gospel reach every person and place. Your financial gift ensures that our work will carry on until everyone has heard the name of Jesus Christ.