Anabaptist Foundation
The information on this page was last updated 2/21/2024. If you see errors or omissions, please email: [email protected]
Summary
Anabaptist Foundation is a 501(c)(3), tax-exempt public foundation uniquely positioned to provide charitable gift services to Anabaptists donors, churches, and nonprofit organizations, with a variety of tools and resources available to maximize donated funds. These resources include Donor-Advised Funds, Pooled Income Funds, endowments, bequests, and loans to churches and non-profit organizations.
Contact information
Mailing address:
Anabaptist Foundation
55 Whisper Creek Drive
Lewisburg, PA 17837
Website: www.afweb.org
Phone: 800-653-9817
Email: [email protected]
Organization details
EIN: 753187397
CEO/President: Paul A Miller
Chairman: Ben A. Stoltzfus
Board size: 10
Founder:
Ruling year: 2006
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2011
Purpose
Anabaptist Foundation is uniquely positioned to provide foundation services to donors, churches, and nonprofits, with a variety of tools available to maximize donated money. We can make your charitable dollars go further-perhaps even further than you thought possible.
Mission statement
Anabaptist Foundation has been established to assist donors in channeling material resources within the Kingdom of Christ, and to provide donors with financial counsel consistent with conservative Anabaptist beliefs and values.
Statement of faith
Anabaptist Financial is a stewardship organizations serving a broad range of Amish, Mennonite, and Brethren communities across the United States. Participation is limited to those who adhere to the 1963 Mennonite Confession of Faith or earlier similar confession such as the 1921 Garden City Confession, Dordrecht Confession of 1632, and Schleitheim Confession of 1527.
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Foundations
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 438 of 1118 | 2 of 10 | |
Fund acquisition rating | 923 of 1119 | 6 of 10 | |
Resource allocation rating | 513 of 1119 | 2 of 10 | |
Asset utilization rating | 20 of 1118 | 2 of 10 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 0% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 94% | 97% | 97% | 98% | 97% | 95% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 0% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 6% | 3% | 3% | 2% | 3% | 5% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 98% | 99% | 98% | 99% | 99% | 98% |
Spending ratio Spending ratio = Total expenses / Total revenue | 73% | 88% | 72% | 67% | 86% | 85% |
Program output ratio Program output ratio = Program services / Total revenue | 71% | 87% | 71% | 66% | 84% | 84% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 27% | 12% | 28% | 33% | 14% | 15% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 11% | 10% | 22% | 30% | 12% | 10% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 2% | 1% | 2% | 1% | 1% | 1% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.30 | 0.70 | 0.55 | 0.59 | 0.69 | 0.54 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.57 | 6.91 | 4.71 | 2.90 | 5.12 | 4.73 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 0.47 | 4.80 | 2.58 | 1.73 | 3.52 | 2.54 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 395.82 | 182.86 | 75.20 | 63.86 | 469.83 | 42.47 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.00 | 0.01 | 0.01 | 0.02 | 0.00 | 0.02 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 25.74 | 2.48 | 4.58 | 6.84 | 3.40 | 4.60 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 3% | 1% | 1% | 1% | 1% | 1% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 305% | 143% | 181% | 166% | 144% | 183% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $5,242,599 | $8,144,899 | $11,552,585 | $4,504,296 | $4,365,501 |
Receivables, inventories, prepaids | $182,092 | $7,688 | $12,827 | $0 | $51,404 |
Short-term investments | $2,180,801 | $1,937,816 | $1,297,598 | $609,807 | $503,030 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $7,605,492 | $10,090,403 | $12,863,010 | $5,114,103 | $4,919,935 |
Long-term investments | $2,627,147 | $1,377,369 | $1,403,087 | $1,458,322 | $1,637,649 |
Fixed assets | $1,576,900 | $1,616,660 | $1,635,363 | $0 | $304,570 |
Other long-term assets | $40,707,238 | $34,411,429 | $21,463,247 | $19,618,970 | $16,390,485 |
Total long-term assets | $44,911,285 | $37,405,458 | $24,501,697 | $21,077,292 | $18,332,704 |
Total assets | $52,516,777 | $47,495,861 | $37,364,707 | $26,191,395 | $23,252,639 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $41,593 | $134,178 | $201,434 | $10,885 | $115,853 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $41,593 | $134,178 | $201,434 | $10,885 | $115,853 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $235,872 | $231,636 | $198,430 | $185,725 | $218,913 |
Total long-term liabilities | $235,872 | $231,636 | $198,430 | $185,725 | $218,913 |
Total liabilities | $277,465 | $365,814 | $399,864 | $196,610 | $334,766 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $50,004,205 | $44,776,441 | $34,504,156 | $23,788,149 | $20,989,954 |
With donor restrictions | $2,235,107 | $2,353,606 | $2,460,687 | $2,206,636 | $1,927,919 |
Net assets | $52,239,312 | $47,130,047 | $36,964,843 | $25,994,785 | $22,917,873 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $40,520,582 | $35,273,593 | $32,548,983 | $20,410,857 | $13,974,636 |
Program service revenue | $83,519 | $108,079 | $97,895 | $96,639 | $123,806 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $1,116,925 | $873,083 | $579,239 | $549,757 | $619,025 |
Other revenue | ($75,789) | $21,749 | ($37,830) | $1,206 | $1,202 |
Total other revenue | $1,124,655 | $1,002,911 | $639,304 | $647,602 | $744,033 |
Total revenue | $41,645,237 | $36,276,504 | $33,188,287 | $21,058,459 | $14,718,669 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $36,158,092 | $25,586,554 | $21,940,005 | $17,748,195 | $12,312,587 |
Management and general | $345,404 | $454,374 | $239,757 | $203,162 | $162,720 |
Fundraising | $36,863 | $37,166 | $33,235 | $63,378 | $44,140 |
Total expenses | $36,540,359 | $26,078,094 | $22,212,997 | $18,014,735 | $12,519,447 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $5,104,878 | $10,198,410 | $10,975,290 | $3,043,724 | $2,199,222 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $5,104,878 | $10,198,410 | $10,975,290 | $3,043,724 | $2,199,222 |
Compensation
Name | Title | Compensation |
Paul A Miller | Executive Officer | $128,596 |
Tim Thomas | Chief Financial Officer | $126,396 |
Richie Lauer | Foundation Officer | $105,500 |
Floyd Miller | Operations Officer | $97,312 |
Merle Herr | Business Resource Officer | $78,125 |
Dennis Martin | Executive Administrator | $22,581 |
Compensation data as of: 6/30/2023
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 2/21/2024. To update the information below, please email: [email protected]