E3 Partners Ministry 
The information on this page was last updated 5/31/2023. 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: e3partners.org
Phone: (214) 440-1101
Email: [email protected]
Organization details
EIN: 161680978
CEO/President: Scott Cheatham
Chairman: Jim Shannon
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).
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 346 of 1115 | 41 of 141 |
| Fund acquisition rating | | 633 of 1116 | 85 of 141 |
| Resource allocation rating | | 476 of 1116 | 57 of 141 |
| Asset utilization rating | | 208 of 1115 | 24 of 141 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 6% | 10% | 11% | 8% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 7% | 10% | 11% | 8% | 6% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 103% | 99% | 101% | 98% | 98% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 7% | 10% | 10% | 8% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | -3% | 1% | -1% | 2% | 2% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 87% | 84% | 81% | 86% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 100% | 101% | 102% | 110% | 95% |
Program output ratio Program output ratio = Program services / Total revenue | 84% | 87% | 85% | 83% | 95% | 80% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 0% | -1% | -2% | -10% | 5% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | -1% | -2% | -4% | -21% | 12% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 6% | 6% | 8% | 6% | 8% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.34 | 2.99 | 2.47 | 1.78 | 2.08 | 1.97 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.26 | 1.05 | 1.02 | 1.05 | 1.16 | 1.12 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.20 | 3.14 | 2.53 | 1.87 | 2.40 | 2.22 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.04 | 10.42 | 12.66 | 8.93 | 9.02 | 7.41 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.10 | 0.08 | 0.11 | 0.11 | 0.13 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.10 | 3.45 | 4.37 | 5.71 | 4.44 | 4.69 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 13% | 8% | 11% | 10% | 12% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 68% | 29% | 37% | 50% | 44% | 45% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $3,308,718 | $4,583,736 | $4,714,807 | $2,554,932 | $1,798,856 |
| Receivables, inventories, prepaids | $2,628,669 | $1,228,833 | $1,237,662 | $3,023,965 | $4,921,634 |
| Short-term investments | $59,616 | $62,795 | $88,609 | $67,247 | $73,284 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $5,997,003 | $5,875,364 | $6,041,078 | $5,646,144 | $6,793,774 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $24,787 | $86,998 | $140,616 | $641,679 | $523,855 |
| Other long-term assets | $278,016 | $50,000 | $172,840 | $248,613 | $324,387 |
| Total long-term assets | $302,803 | $136,998 | $313,456 | $890,292 | $848,242 |
| Total assets | $6,299,806 | $6,012,362 | $6,354,534 | $6,536,436 | $7,642,016 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $575,712 | $414,007 | $326,498 | $226,154 | $466,512 |
| Other current liabilities | $0 | $50,000 | $350,000 | $400,000 | $450,000 |
| Total current liabilities | $575,712 | $464,007 | $676,498 | $626,154 | $916,512 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $260,509 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $260,509 | $0 | $0 | $0 | $0 |
| Total liabilities | $836,221 | $464,007 | $676,498 | $626,154 | $916,512 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $4,261,015 | $4,681,590 | $3,318,566 | $1,941,499 | $594,074 |
| With donor restrictions | $1,202,570 | $866,765 | $2,359,470 | $3,968,783 | $6,131,430 |
| Net assets | $5,463,585 | $5,548,355 | $5,678,036 | $5,910,282 | $6,725,504 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $19,308,142 | $14,603,214 | $11,143,240 | $12,095,595 | $15,492,883 |
| Program service revenue | $172 | $7,970 | $1,105 | $5,885 | $15,488 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $8,216 | $1,674 | ($248,208) | $1,951 | ($1,185) |
| Other revenue | ($547,574) | $97,378 | $132,357 | $212,106 | $374,152 |
| Total other revenue | ($539,186) | $107,022 | ($114,746) | $219,942 | $388,455 |
| Total revenue | $18,768,956 | $14,710,236 | $11,028,494 | $12,315,537 | $15,881,338 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $16,418,703 | $12,454,615 | $9,176,796 | $11,667,347 | $12,765,273 |
| Management and general | $1,188,746 | $935,194 | $932,153 | $875,836 | $1,270,699 |
| Fundraising | $1,239,500 | $1,455,654 | $1,171,068 | $1,027,184 | $1,017,300 |
| Total expenses | $18,846,949 | $14,845,463 | $11,280,017 | $13,570,367 | $15,053,272 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | ($77,993) | ($135,227) | ($251,523) | ($1,254,830) | $828,066 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($77,993) | ($135,227) | ($251,523) | ($1,254,830) | $828,066 |
Compensation
| Name | Title | Compensation |
| Claudia Adame | Exec. VP of Hispanic Global Mobilization | $151,187 |
| Scott Cheatham | President | $138,181 |
| John Humphrey | VP of Media | $132,210 |
| Will Smith | Strategy Coordinator | $120,031 |
| Brad Prizer | VP Marketing & Comm | $113,316 |
| Joshua Spinks | Director of Made to Multiply | $107,363 |
| John Wooldridge | Director of Finance | $88,610 |
| James Shannon | CEO | $42,007 |
Compensation data as of: 3/31/2023
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 5/31/2023. 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.