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

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Transparency grade

A

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Financial efficiency ratings

Sector: Christian Foundations

CategoryRatingOverall rankSector rank
Overall efficiency rating214 of 11133 of 10
Fund acquisition rating76 of 11143 of 10
Resource allocation rating798 of 11149 of 10
Asset utilization rating182 of 11133 of 10

Financial ratios

Funding ratiosSector median2022202120202019
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 ratiosSector median2022202120202019
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 ratiosSector median2022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.300.240.550.200.02
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.575.374.423.5734.29
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
0.471.312.440.720.57
 
Liquidity ratiosSector median2022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
395.82344.6514637.480.0010.81
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.000.000.000.000.09
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
25.749.144.9216.7419.24
 
Solvency ratiosSector median2022202120202019
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
 
Assets2022202120202019
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
 
Liabilities2022202120202019
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 assets2022202120202019
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
 
Revenue2022202120202019
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
 
Expenses2022202120202019
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 assets2022202120202019
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

NameTitleCompensation
Stephen A FrenchPresident$325,206
Mark W KlingerCFO/Treasurer$244,290
Lawrence J ScottVice President$243,423
Jason P YakelisVice President (as of 3/22)$232,832
Erik J SchartnerVice President$202,040
Dane A FrazierVice 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.


Program accomplishments


Needs