English Language Institute in China 
The information on this page was last updated 7/28/2022. If you see errors or omissions, please email: [email protected]
Summary
ELIC proudly recruits, trains, and sends hundreds of people each year to teach in long-term and short-term programs throughout Asia, the Middle East, and North Africa. Our long-standing partnerships with universities and governments around the globe open doors for us to make a deep and significant impact on students, colleagues, and neighbors. People come to ELIC from a variety of backgrounds including engineering, executive leadership, sales, medicine, and education. Our comprehensive training prepares new teachers to be world-class educators and helps veteran teachers as they transition overseas. Ongoing professional development opportunities include yearly conferences, graduate certificate programs, master's degrees, and Ph.D. options.
We are honored to have the opportunity to make a difference in the lives of students. English is the business language of the world, and students from our classrooms use their skills to gain overseas jobs as well as earn positions of leadership in business, government, and virtually any other profession that they pursue. We are proud to connect ELIC teachers with future leaders where we serve.
Contact information
Mailing address:
English Language Institute in China
1629 Blue Spruce Dr
Fort Collins, CO 80524
Website: www.elic.org
Phone: 800-366-3542
Email: [email protected]
Organization details
EIN: 953551085
CEO/President: Tim Davis
Chairman: Mr. Phil Hubbard
Board size: 13
Founder:
Ruling year: 1981
Tax deductible: Yes
Fiscal year end: 07/31
Member of ECFA: Yes
Member of ECFA since: 1989
Purpose
English Language Institute in China ("ELIC") strives to provide qualified teams to teach "English as a Foreign Language" in various institutions in China, Mongolia, Vietnam, Laos, Cambodia and Myanmar. ELIC is primarily funded through gifts from individuals, foundations and other organizations.
Mission statement
ELIC exists to place passionate English teachers in communities across Asia, the Middle East, and North Africa.
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 138 of 1025 | 23 of 126 |
| Fund acquisition rating | | 359 of 1027 | 48 of 126 |
| Resource allocation rating | | 400 of 1027 | 44 of 126 |
| Asset utilization rating | | 80 of 1025 | 12 of 126 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 4% | 3% | 5% | 5% | 6% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 3% | 3% | 4% | 4% | 5% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 92% | 90% | 87% | 90% | 89% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 4% | 3% | 4% | 4% | 6% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 8% | 10% | 13% | 10% | 11% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 86% | 88% | 86% | 85% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 89% | 92% | 104% | 100% | 97% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 77% | 81% | 89% | 85% | 82% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 11% | 8% | -4% | 0% | 3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 11% | 65% | 119% | 234% | 9% | 57% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 10% | 9% | 10% | 11% | 10% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.14 | 2.35 | 3.72 | 4.25 | 4.17 | 3.50 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.29 | 2.06 | 4.38 | 18.58 | 9.10 | 5.63 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.63 | 4.85 | 16.31 | 79.05 | 37.95 | 19.69 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 20.98 | 5.52 | 1.15 | 0.21 | 0.42 | 0.90 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.18 | 0.87 | 4.86 | 2.40 | 1.12 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.79 | 2.02 | 0.10 | -0.59 | -0.44 | -0.07 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 53% | 72% | 107% | 89% | 83% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 45% | 53% | 81% | 63% | 62% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 78% | 20% | 7% | -2% | 3% | 5% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $2,789,186 | $1,031,137 | $184,378 | $185,734 | $554,143 |
| Receivables, inventories, prepaids | $520,788 | $32,742 | $48,343 | $299,900 | $316,079 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,309,974 | $1,063,879 | $232,721 | $485,634 | $870,222 |
| Long-term investments | ($6,305) | $159,003 | $92,446 | $90,354 | $126,184 |
| Fixed assets | $3,235,241 | $3,407,931 | $3,551,757 | $3,662,051 | $3,753,245 |
| Other long-term assets | $287,407 | $32,661 | $447,422 | $180,770 | $147,694 |
| Total long-term assets | $3,516,343 | $3,599,595 | $4,091,625 | $3,933,175 | $4,027,123 |
| Total assets | $6,826,317 | $4,663,474 | $4,324,346 | $4,418,809 | $4,897,345 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $399,515 | $725,628 | $981,990 | $1,015,340 | $821,280 |
| Other current liabilities | $200,000 | $200,000 | $150,000 | $150,000 | $150,000 |
| Total current liabilities | $599,515 | $925,628 | $1,131,990 | $1,165,340 | $971,280 |
| Debt | $3,047,474 | $2,449,179 | $3,499,175 | $2,777,176 | $3,019,647 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $49,790 |
| Total long-term liabilities | $3,047,474 | $2,449,179 | $3,499,175 | $2,777,176 | $3,069,437 |
| Total liabilities | $3,646,989 | $3,374,807 | $4,631,165 | $3,942,516 | $4,040,717 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $1,311,562 | $976,782 | ($670,712) | $41,751 | $416,157 |
| With donor restrictions | $1,867,766 | $311,885 | $363,893 | $434,542 | $440,471 |
| Net assets | $3,179,328 | $1,288,667 | ($306,819) | $476,293 | $856,628 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $16,650,356 | $16,965,003 | $15,312,446 | $16,615,983 | $15,638,332 |
| Program service revenue | $1,470,127 | $1,910,389 | $2,366,023 | $1,857,006 | $1,982,127 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $1,699 | $1,321 | $781 | $1,190 | $2,713 |
| Other revenue | $0 | $0 | $0 | $0 | $0 |
| Total other revenue | $1,471,826 | $1,911,710 | $2,366,804 | $1,858,196 | $1,984,840 |
| Total revenue | $18,122,182 | $18,876,713 | $17,679,250 | $18,474,179 | $17,623,172 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $13,864,414 | $15,242,113 | $15,730,576 | $15,640,125 | $14,527,815 |
| Management and general | $1,592,193 | $1,592,153 | $1,911,493 | $1,989,629 | $1,666,753 |
| Fundraising | $609,606 | $513,518 | $754,382 | $799,529 | $943,114 |
| Total expenses | $16,066,213 | $17,347,784 | $18,396,451 | $18,429,283 | $17,137,682 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $2,055,969 | $1,528,929 | ($717,201) | $44,896 | $485,490 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $2,055,969 | $1,528,929 | ($717,201) | $44,896 | $485,490 |
Compensation
| Name | Title | Compensation |
| Timothy Davis | CEO/President | $217,625 |
| Collin Quigley Sr Director of | Operations and Mobilization | $137,020 |
| Michael Malan | Treasurer | $106,463 |
Compensation data as of: 7/31/2020
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 7/28/2022. To update the information below, please email: [email protected]
History
In 1981, ELIC began a formal partnership with the Chinese government to start sending teams of teachers to join the faculty at universities throughout China. Since then, ELIC has sent thousands of teachers to more than a dozen countries in East Asia, the Middle East, and North Africa. Throughout our 38 years, we have had the privilege of providing services to our government and institutional partners, including placement and management of English teachers, consulting, curriculum design and implementation, training, and refugee work. We are one of the most highly qualified educational companies in the world, with more than 160 of our staff holding advanced degrees. ELIC is excited about continued expansion into new cities and countries in the upcoming years as we establish unique partnerships and programs.