The Signatry Charitable Trust 
The information on this page was last updated 1/30/2024. If you see errors or omissions, please email: [email protected]
Summary
The Signatry is a donor advised fund (DAF) sponsor, but we are more importantly a Christian ministry seeking to build the kingdom of God by inspiring world-changing generosity.
Contact information
Mailing address:
The Signatry
7171 W 95th Street
Suite 501
Overland Park, KS 66212
Website: thesignatry.com
Phone: (913) 310-0279
Email: [email protected]
Organization details
EIN: 825070897
CEO/President: Steve French
Chairman: Gary Nagel
Board size: 7
Founder: Christian Community Foundation of Kansas City
Ruling year: 2019
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2006
Purpose
To write the last check to the last missionary to be sent out to the last unreached people group so the last person can hear the gospel
Mission statement
To inspire and facilitate revolutionary biblical generosity across generations to solve the world's greatest problems
Statement of faith
WE BELIEVE in the scripture of the Old and New Testament as inspired by God, and inerrant in the original writings, and that they are our supreme and final authority in faith and life.
WE BELIEVE in one God, eternally existing in three persons: Father, Son and Holy Spirit.
WE BELIEVE that Jesus Christ was begotten by the Holy Spirit and born of the Virgin Mary and is true God and true man.
WE BELIEVE that man was created in the image of God; that he sinned, and thereby incurred not only physical death, but also that spiritual death which is separation from God; and that all human beings are born with a sinful nature, and in the case of those who reach moral responsibility become sinners in thought, word and deed.
WE BELIEVE that the Lord Jesus died for our sins according to the Scriptures, as a representative and substitutionary sacrifice; and all who believe in Him are justified on the ground of His shed blood.
WE BELIEVE in the resurrection of the crucified body of our Lord, in His Ascension into Heaven, in His present life there for us, as High Priest and Advocate.
WE BELIEVE in the personal and imminent return of our Savior and Lord Jesus Christ.
WE BELIEVE that all who receive by faith the Lord Jesus Christ are born again of the Holy Spirit and thereby become children of God.
WE BELIEVE in the bodily resurrection of the just and unjust, the everlasting blessedness of the saved, and the everlasting, conscious punishment of the lost.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Foundations
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 194 of 1118 | 3 of 10 |
| Fund acquisition rating | | 85 of 1119 | 3 of 10 |
| Resource allocation rating | | 760 of 1119 | 9 of 10 |
| Asset utilization rating | | 182 of 1118 | 3 of 10 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 94% | 89% | 97% | 95% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 6% | 11% | 3% | 5% | 0% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 98% | 90% | 100% | 92% | 98% |
Spending ratio Spending ratio = Total expenses / Total revenue | 73% | 39% | 59% | 22% | 2% |
Program output ratio Program output ratio = Program services / Total revenue | 71% | 35% | 59% | 20% | 2% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 27% | 61% | 41% | 78% | 98% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 11% | 38% | 39% | 71% | 100% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 2% | 10% | 0% | 8% | 2% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.30 | 0.24 | 0.55 | 0.20 | 0.02 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.57 | 5.37 | 4.42 | 3.57 | 34.29 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 0.47 | 1.31 | 2.44 | 0.72 | 0.57 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 395.82 | 344.65 | 14637.48 | 0.00 | 10.81 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 25.74 | 9.14 | 4.92 | 16.74 | 19.24 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 3% | 0% | 0% | 0% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 305% | 410% | 181% | 497% | 6041% |
Financials
| Balance sheet | ||||
| Assets | 2022 | 2021 | 2020 | 2019 |
| Cash | $27,059,272 | $4,753,388 | $13,503,739 | $553,042 |
| Receivables, inventories, prepaids | $13,740,550 | $27,097,769 | $9,266,179 | $0 |
| Short-term investments | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 |
| Total current assets | $40,799,822 | $31,851,157 | $22,769,918 | $553,042 |
| Long-term investments | $137,494,112 | $96,317,588 | $55,275,068 | $17,977,058 |
| Fixed assets | $27,500,000 | $4,035,364 | $3,150,000 | $0 |
| Other long-term assets | $13,364,428 | $8,489,133 | $0 | $432,741 |
| Total long-term assets | $178,358,540 | $108,842,085 | $58,425,068 | $18,409,799 |
| Total assets | $219,158,362 | $140,693,242 | $81,194,986 | $18,962,841 |
| Liabilities | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $118,381 | $2,176 | $0 | $51,160 |
| Other current liabilities | $0 | $0 | $0 | $0 |
| Total current liabilities | $118,381 | $2,176 | $0 | $51,160 |
| Debt | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $0 |
| Total liabilities | $118,381 | $2,176 | $0 | $51,160 |
| Net assets | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $219,039,981 | $140,691,066 | $0 | $0 |
| With donor restrictions | $0 | $0 | $0 | $0 |
| Net assets | $219,039,981 | $140,691,066 | $81,194,986 | $18,911,681 |
| Revenues and expenses | ||||
| Revenue | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $122,260,868 | $128,359,975 | $69,982,125 | $19,220,879 |
| Program service revenue | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 |
| Investment income | $15,143,114 | $2,544,390 | $3,646,196 | $58,907 |
| Other revenue | $73,185 | $1,072,561 | $0 | $0 |
| Total other revenue | $15,216,299 | $3,616,951 | $3,646,196 | $58,907 |
| Total revenue | $137,477,167 | $131,976,926 | $73,628,321 | $19,279,786 |
| Expenses | 2022 | 2021 | 2020 | 2019 |
| Program services | $48,119,468 | $77,576,810 | $15,014,245 | $308,057 |
| Management and general | $5,303,752 | $181,303 | $1,310,028 | $4,978 |
| Fundraising | $0 | $0 | $0 | $0 |
| Total expenses | $53,423,220 | $77,758,113 | $16,324,273 | $313,035 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $84,053,947 | $54,218,813 | $57,304,048 | $18,966,751 |
| Other changes in net assets | $0 | $0 | $0 | $0 |
| Total change in net assets | $84,053,947 | $54,218,813 | $57,304,048 | $18,966,751 |
Compensation
| Name | Title | Compensation |
| Stephen A French | President | $325,206 |
| Mark W Klinger | CFO/Treasurer | $244,290 |
| Lawrence J Scott | Vice President | $243,423 |
| Jason P Yakelis | Vice President (as of 3/22) | $232,832 |
| Erik J Schartner | Vice President | $202,040 |
| Dane A Frazier | Vice President/Secretary | $160,590 |
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 1/30/2024. To update the information below, please email: [email protected]
History
The Signatry traces its start back to 2000, to the launch of the Christian Community Foundation of Kansas City, a small donor advised fund sponsor seeking to connect God's resources with God's workers in the Kansas City area.
Our community of donors grew and helped to support ministries throughout the central region of the country. What started with a small group of donors in Kansas City developed, by God's grace, into a vision to foster revolutionary, biblical generosity on a much bigger scale.
In 2018, the Kansas City organization, in partnership with another generosity group from middle Tennessee, launched The Signatry.
Through our work with donors, we saw an increasing need to pursue biblical generosity across generations. Generosity is not just a financial strategy for individual high-earners; we believe it is a way of life accessible to anyone. The Signatry's ministry continued to expand by offering resources and development opportunities for families at any stage of life to learn and practice habits of generosity together.
The Signatry has been blessed with a growing community of generous donors who partner with us to solve the world's greatest problems and spread the hope of the gospel to all. In 2021, Steve French was appointed CEO, succeeding one of our founders, Bill High. Also in 2021, we helped launch Give Interactive, a modern technology platform for foundations, and He Gets Us, a media campaign to reintroduce all people to the Jesus of the Bible.
Now serving generous donors in all 50 states, we are eager to keep pursuing God's call to equip families to live generously and spread the hope of the gospel to all.