Evangelical Council for Financial Accountability (ECFA)

The information on this page was last updated 11/30/2023. If you see errors or omissions, please email: [email protected]


Summary

The founding ministries of ECFA understood this simple truth. How organizations treat financial transparency, board governance, and stewarding charitable gifts can create trust with their donors or break it irreparably. In today's world, demonstrating trustworthiness is more important than ever in effectively reaching the world for Christ.
ECFA exists to help enhance that trust.


Contact information

Mailing address:
ECFA
440 W. Jubal Early Dr.
Ste. 100
Winchester, VA 22601

Website: www.ecfa.org

Phone: 800-323-9473

Email: [email protected]


Organization details

EIN: 930744698

CEO/President: Michael Martin

Chairman: Paul Anderson

Board size: 14

Founder: Sen. Mark Hatfield

Ruling year: 2019

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

ECFA's vision is to enhance trust in all Christ-centered churches and ministries as they fulfill the Great Commission.


Mission statement

Enhancing trust in Christ-centered churches and ministries


Statement of faith

We believe the Bible to be the inspired, the only infallible, authoritative Word of God.

We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.

We believe in the deity and humanity of Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, in His present rule as Head of the Church and in His personal return in power and glory.

We believe that for the salvation of lost and sinful men regeneration by the Holy Spirit is absolutely essential.

We believe in the present ministry of the Holy Spirit, by whose indwelling the Christian is enabled to live a godly life.

We believe in the resurrection of both the saved and the lost, they that are saved unto the resurrection of life and they that are lost unto the barrenness of damnation.

We believe in the spiritual unity of believers in our Lord Jesus Christ, with equality across racial, gender, and class differences.

Donor confidence score

Show donor confidence score details

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Advocacy

CategoryRatingOverall rankSector rank
Overall efficiency rating433 of 110213 of 42
Fund acquisition rating464 of 110315 of 42
Resource allocation rating219 of 11038 of 42
Asset utilization rating782 of 110226 of 42

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%4%80%1%1%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
7%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
97%11%1%24%4%1%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
8%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
3%89%99%76%96%99%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%89%90%89%89%89%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%86%106%76%99%105%
Program output ratio Program output ratio =
Program services /
Total revenue
77%76%96%68%88%94%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%14%-6%24%1%-5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%17%-8%34%2%-8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%11%9%10%11%11%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.100.821.100.911.271.28
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.421.351.471.471.992.33
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.071.111.611.342.532.99
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
11.6123.6719.2215.4910.348.02
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.040.050.060.100.12
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.7710.347.058.354.283.51
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
16%20%19%16%19%19%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
65%97%74%92%63%63%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$3,053,875$2,218,407$1,899,135$1,010,891$881,213
Receivables, inventories, prepaids$142,725$130,308$687,411$155,192$90,496
Short-term investments$498,210$402,565$291,780$290,680$238,944
Other current assets$0$0$0$0$0
Total current assets$3,694,810$2,751,280$2,878,326$1,456,763$1,210,653
Long-term investments$0$0$0$0$0
Fixed assets$1,294,036$1,301,139$1,352,559$1,446,313$1,554,983
Other long-term assets$0$0$0$0$61,020
Total long-term assets$1,294,036$1,301,139$1,352,559$1,446,313$1,616,003
Total assets$4,988,846$4,052,419$4,230,885$2,903,076$2,826,656
 
Liabilities20202019201820172016
Payables and accrued expenses$156,120$143,131$185,857$140,847$150,979
Other current liabilities$0$0$0$0$0
Total current liabilities$156,120$143,131$185,857$140,847$150,979
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$859,050$617,164$497,213$420,472$376,607
Total long-term liabilities$859,050$617,164$497,213$420,472$376,607
Total liabilities$1,015,170$760,295$683,070$561,319$527,586
 
Net assets20202019201820172016
Without donor restrictions$3,640,343$2,625,457$2,380,315$2,063,257$1,771,820
With donor restrictions$333,333$666,667$1,167,500$278,500$527,250
Net assets$3,973,676$3,292,124$3,547,815$2,341,757$2,299,070
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$522,061$22,703$1,204,549$134,026$36,285
Program service revenue$4,219,383$4,047,404$3,752,516$3,494,449$3,280,627
Membership dues$0$0$0$0$0
Investment income$15,034$47,858$22,503$5,995$4,059
Other revenue$33,758$66,415$94,302$98,389$128,729
Total other revenue$4,268,175$4,161,677$3,869,321$3,598,833$3,413,415
Total revenue$4,790,236$4,184,380$5,073,870$3,732,859$3,449,700
 
Expenses20202019201820172016
Program services$3,657,162$4,015,361$3,450,930$3,277,302$3,233,458
Management and general$432,602$406,454$400,542$411,284$388,945
Fundraising$18,920$18,256$16,340$1,586$1,589
Total expenses$4,108,684$4,440,071$3,867,812$3,690,172$3,623,992
 
Change in net assets20202019201820172016
Surplus (deficit)$681,552($255,691)$1,206,058$42,687($174,292)
Other changes in net assets$0$0$0$0$0
Total change in net assets$681,552($255,691)$1,206,058$42,687($174,292)

Compensation

NameTitleCompensation
Dan BusbyPresident - Former$253,052
Michael MartinPresident$205,260
Warren BirdVice President$175,917
Kim WilliamsExecutive Vice President$159,829
Jake LappTeam Lead$146,818
Nicole WallenfelszTeam Lead$135,033
Staci BrownTeam Lead$123,694
Emily VersteegCompliance Associate$116,826

Compensation data as of: 12/31/2020


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 11/30/2023. To update the information below, please email: [email protected]


History

In the fall of 1977, Senator Mark Hatfield called in friends from World Vision and from the Billy Graham Evangelistic Association. He urged them and other ministry leaders to find a way to self-regulate, or face the potential threat of government intervention. As a result, ECFA was formed, standards were established, and a visionary and faithful group of 150 charter members committed to operating within the high standards.


Program accomplishments


Needs