Dutch Sheets Ministries 



The information on this page was last updated 7/24/2025. If you see errors or omissions, please email: [email protected]
Summary
Dutch Sheets Ministries is an apostolic, prophetic, and teaching ministry that is used to empower Christians throughout America and the world.
Contact information
Mailing address:
Dutch Sheets Ministries
P.O. Box 4070
Batesburg-Leesville, SC 29070
Website: dutchsheets.org
Phone: 803-580-2882
Email: [email protected]
Organization details
EIN: 841423634
CEO/President: William Sheets
Chairman: William Sheets
Board size: 5
Founder: Dutch Sheets
Ruling year: 1999
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
At Dutch Sheets Ministries, our primary desire is to empower believers for a Third Great Awakening.
Mission statement
Dutch Sheets Ministries is an apostolic, prophetic, and teaching ministry that is used to empower Christians throughout America and the world.
Statement of faith
Donor confidence score

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Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Educational Media
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | ![]() ![]() ![]() ![]() | 394 of 1338 | 14 of 44 |
| Fund acquisition rating | ![]() ![]() ![]() ![]() ![]() | 101 of 1338 | 3 of 44 |
| Resource allocation rating | ![]() ![]() ![]() ![]() | 397 of 1338 | 14 of 44 |
| Asset utilization rating | ![]() | 1069 of 1340 | 36 of 44 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 94% | 95% | 95% | 88% | 88% | 96% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 6% | 5% | 5% | 12% | 12% | 4% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 86% | 72% | 84% | 83% | 83% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 59% | 46% | 41% | 28% | 32% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 51% | 33% | 35% | 23% | 27% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 41% | 54% | 59% | 72% | 68% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 19% | 18% | 26% | 57% | 67% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 13% | 14% | 28% | 16% | 17% | 17% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.81 | 0.28 | 0.15 | 0.18 | 0.22 | 0.32 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.32 | 1.15 | 1.12 | 1.12 | 1.16 | 1.32 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.45 | 0.32 | 0.17 | 0.21 | 0.26 | 0.42 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.94 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.57 | 37.87 | 70.48 | 58.31 | 47.01 | 28.63 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 12% | 0% | 0% | 0% | 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 | 88% | 362% | 655% | 545% | 453% | 314% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $8,089,238 | $5,494,853 | $3,457,321 | $3,478,790 | $2,999,796 |
| Receivables, inventories, prepaids | $48,450 | $48,450 | $48,452 | $48,452 | $46,959 |
| Short-term investments | $8,567,226 | $8,270,970 | $7,771,230 | $4,545,044 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $16,704,914 | $13,814,273 | $11,277,003 | $8,072,286 | $3,046,755 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $1,860,618 | $1,346,488 | $1,079,957 | $1,000,170 | $666,763 |
| Other long-term assets | $604,304 | $302,118 | $307,318 | $312,518 | $317,718 |
| Total long-term assets | $2,464,922 | $1,648,606 | $1,387,275 | $1,312,688 | $984,481 |
| Total assets | $19,169,836 | $15,462,879 | $12,664,278 | $9,384,974 | $4,031,236 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $0 | $0 | $0 | $0 | $0 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $0 | $0 | $0 | $0 | $0 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $28,725 | $45,646 | $14,595 | $52,388 | $24,141 |
| Total long-term liabilities | $28,725 | $45,646 | $14,595 | $52,388 | $24,141 |
| Total liabilities | $28,725 | $45,646 | $14,595 | $52,388 | $24,141 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | $0 | $0 | $0 | $0 | $0 |
| With donor restrictions | $0 | $0 | $0 | $0 | $0 |
| Net assets | $19,141,111 | $15,417,233 | $12,649,683 | $9,332,586 | $4,007,095 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $8,575,427 | $4,836,129 | $4,936,661 | $6,471,940 | $3,782,263 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $372,382 | $115,110 | $142,969 | $136,124 | $2,357 |
| Other revenue | $73,360 | $160,061 | $558,138 | $777,772 | $157,319 |
| Total other revenue | $445,742 | $275,171 | $701,107 | $913,896 | $159,676 |
| Total revenue | $9,021,169 | $5,111,300 | $5,637,768 | $7,385,836 | $3,941,939 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $4,572,509 | $1,690,053 | $1,953,159 | $1,704,122 | $1,059,036 |
| Management and general | $720,198 | $662,003 | $367,504 | $356,232 | $218,050 |
| Fundraising | $0 | $0 | $0 | $0 | $0 |
| Total expenses | $5,292,707 | $2,352,056 | $2,320,663 | $2,060,354 | $1,277,086 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | $3,728,462 | $2,759,244 | $3,317,105 | $5,325,482 | $2,664,853 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $3,728,462 | $2,759,244 | $3,317,105 | $5,325,482 | $2,664,853 |
Compensation
| Name | Title | Compensation |
| William Sheets | President | $364,358 |
| Celia Sheets | Vice Preside | $119,625 |
Compensation data as of: 12/31/2024
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 7/24/2025. To update the information below, please email: [email protected]
