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).

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Transparency grade

A

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Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating276 of 111043 of 146
Fund acquisition rating640 of 111190 of 146
Resource allocation rating383 of 111159 of 146
Asset utilization rating182 of 111025 of 146

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%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
99%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
1%-3%1%-1%2%2%
 
Operating ratiosSector median20232022202120202019
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
82%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
8%6%6%8%6%8%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.332.992.471.782.081.97
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.241.051.021.051.161.12
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.023.142.531.872.402.22
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
18.8110.4212.668.939.027.41
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.100.080.110.110.13
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.623.454.375.714.444.69
 
Solvency ratiosSector median20232022202120202019
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
67%29%37%50%44%45%

Financials

Balance sheet
 
Assets20232022202120202019
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
 
Liabilities20232022202120202019
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 assets20232022202120202019
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
 
Revenue20232022202120202019
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
 
Expenses20232022202120202019
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 assets20232022202120202019
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

NameTitleCompensation
Claudia AdameExec. VP of Hispanic Global Mobilization$151,187
Scott CheathamPresident$138,181
John HumphreyVP of Media$132,210
Will SmithStrategy Coordinator$120,031
Brad PrizerVP Marketing & Comm$113,316
Joshua SpinksDirector of Made to Multiply$107,363
John WooldridgeDirector of Finance$88,610
James ShannonCEO$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.