International Cooperating Ministries

Summary

International Cooperating Ministries (ICM), a ministry of the Rosser Family Foundation, builds churches and promotes discipleship with indigenous partners throughout the world. As of December 2018, the ministry has built or under construction 8,000 churches, orphanages and hope centers. ICM also distributes a discipleship survey of the Old and New Testaments designed for oral learners in 50 different languages.

ICM's Organizational Goals include:

  • Building up the Body of Christ. Constructing churches and pastoral training centers in partnership with in-country ministries.
  • Making Disciples of All Nations. Promoting the Gospel and discipleship through the use of available media.
  • Strengthening the Church. Providing a sustainable and replicable model for Church growth.
  • Uniting in Fellowship, Work, and Witness. Cooperating with other evangelical ministries to maximize the spreading of the Gospel of Jesus Christ until He comes again.


Contact information

Mailing address:
1901 North Armistead Ave.
Hampton, VA 23666-4311

Website: www.icm.org

Phone: (757) 827-6704

Email: icm@icm.org


Organization details

EIN: 546338714

CEO/President: President-Geoffrey Stiff | CEO-Janice Rosser Allen

Chairman: Janice Rosser Allen

Board size: 28

Founder: Dois I. Rosser, Jr & Pastor Dick Woodward

Year founded: 1990

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

International Cooperating Ministries (ICM), a ministry of the Rosser Foundation, builds churches with national partners throughout the world. As of June 2010, the ministry had built or had under construction3530 churches. ICM also broadcasts a survey of the Old and New Testament to a potential listening audience of 4 billion people daily, in 26 different languages.

ICM's Organizational Goals include:

  • Building up the Body. Constructing churches and pastoral training centers in partnership with national ministries.
  • Making Disciples of All Nations. Promoting the Gospel and discipleship through the use of available media.
  • Strengthening the Church. Providing a model for church growth without long-term dependence on outside resources.
  • Uniting in Fellowship, Work, and Witness. Cooperating with other evangelical ministries to maximize the spreading of the Gospel of Jesus Christ until He comes again.


ICM's Core Values are:

1.Dependent upon God as Father, Son and Holy Spirit We recognize total dependence upon the God of Scriptures who is our creator, our savior, our source and purpose, the guide and empowerer of all ICM is and does.

2. Rooted in Prayer and Scripture We seek God's guidance and offer ceaseless praise by making prayer and the Bible vital in every aspect of ICM's life and work.

3. Modeling Jesus Christ in our Relationships We celebrate working together as the Body of Christ and modeling, both here and abroad, Jesus' servant hood by empowering, respecting, equipping and loving one another.

4. Clarity and Urgency of Mission We will focus, focus, focus on the stated mission and organizing goals, which God has entrusted to ICM, and we will work intentionally, energetically and joyously as we perform our tasks and share the vision to advance God's Kingdom in the world.

5. Striving for Excellence We perform each responsibility with full awareness that ours is Kingdom work that requires integrity, honesty and accountability to one another and especially to God, in our role as His stewards.

Locations served by ICM include: Argentina, Brazil, Cambodia, China, Colombia, Congo, Cuba, Dominican Republic, Mexico, Nicaragua, Peru, Ecuador, Costa Rica, Belarus, Bulgaria, Bangladesh,Indonesia, Iraq, Myanmar, Parkistan, Philippines, Sri Lanke, Moldova, Uzbekistan, Burkina Faso, Ethiopia, Ghana, Malawi, Mozambique, South Africa, Sudan, Tajikistan,Zambia, Kazakhstan,Haiti, India, Kenya, Liberia, Nepal, Nigeria, Russia, Rwanda, Tanzania, Thailand, Uganda, Ukraine, Vietnam and Zimbabwe.

Mission statement

International Cooperating Ministries uses the following to express its mission:
"To nurture believers and assist Church growth worldwide."

International Cooperating Ministries uses the following to express its vision:
"To see people, communities, and nations transformed through Jesus Christ and His Church."


Statement of faith

International Cooperating Ministries (ICM) uses the following to express its Statement of Faith:

We believe in one eternal God, Creator and Lord of the world, Father, Son, and Holy Spirit, who governs all things according to the purpose of His will.

We believe in Jesus Christ, God's Son, who is Savior and Lord, and who gave Himself as a ransom for sinners through His death on the cross. He rose from the dead and ascended to heaven, where, as truly God and truly man, Jesus is the only mediator between God and humankind.

We believe that all people are lost sinners and cannot see the Kingdom of God except through new birth. Justification is by grace through faith in Christ alone.

We believe in the power of the Holy Spirit, the very Spirit of God, sent to bear witness of the Son. We believe in the work of God's Spirit for the individual's new birth and growth, and for the Church's constant renewal in truth, wisdom, faith, holiness, love, power, and mission.

We believe the Old and New Testament Scriptures to be the only inspired, written Word of God, infallible and without error, our guide for faith and practice.

We believe in one holy, universal, and apostolic Church. The Church's calling is to worship and witness for Jesus Christ, who is the Head, preaching the Gospel among all nations and demonstrating its commitment by compassionate service to the needs of all people.

We believe that Jesus Christ will return personally and visibly in power and glory to consummate His salvation and His judgment. God will fully manifest His Kingdom when He establishes a new heaven and a new earth in which He is glorified forever and ever.

ICM subscribes to the Lausanne Covenant.

Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating164 of 43931 of 77
Fund acquisition rating347 of 43970 of 77
Resource allocation rating149 of 43924 of 77
Asset utilization rating85 of 43916 of 77

Click here to read International Cooperating Ministries' response to our ratings


Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%11%11%10%9%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%11%11%10%9%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%100%99%98%99%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%12%11%11%9%10%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%0%1%2%1%0%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%85%87%87%89%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%96%95%94%98%96%
Program output ratio Program output ratio =
Program services /
Total revenue
81%82%82%82%87%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%4%5%6%2%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%11%16%17%7%13%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%3%2%2%2%3%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.272.582.992.833.542.94
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.531.751.461.611.882.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.464.524.384.556.645.90
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.0520.7431.7924.4328.3720.14
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.050.030.040.040.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.062.532.662.531.741.93
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%3%2%3%2%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%38%33%34%28%33%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$700,200$1,372,764$922,154$89,445$1,290,590
Receivables, inventories, prepaids$481,907$216,679$287,142$1,169,956$1,080,472
Short-term investments$3,920,765$4,066,687$3,169,771$1,802,812$305,848
Other current assets$195,015$40,157$157$30,157$30,157
Total current assets$5,297,887$5,696,287$4,379,224$3,092,370$2,707,067
Long-term investments$0$0$0$0$0
Fixed assets$1,207,073$1,209,393$1,220,701$1,256,991$1,277,740
Other long-term assets$2,782,174$1,418,467$1,437,830$1,456,517$1,444,651
Total long-term assets$3,989,247$2,627,860$2,658,531$2,713,508$2,722,391
Total assets$9,287,134$8,324,147$7,037,755$5,805,878$5,429,458
 
Liabilities20182017201620152014
Payables and accrued expenses$255,463$179,182$173,928$103,105$127,997
Other current liabilities$0$0$5,310$5,885$6,441
Total current liabilities$255,463$179,182$179,238$108,990$134,438
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$31,073$0$0$5,346$11,268
Total long-term liabilities$31,073$0$0$5,346$11,268
Total liabilities$286,536$179,182$179,238$114,336$145,706
 
Net assets20182017201620152014
Unrestricted$2,639,519$4,957,403$4,529,101$2,862,365$4,104,858
Temporarily restricted$6,361,079$3,187,562$2,329,416$2,829,177$1,178,894
Permanently restricted$0$0$0$0$0
Net assets$9,000,598$8,144,965$6,858,517$5,691,542$5,283,752
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$24,831,618$25,880,061$20,758,699$20,768,980$16,619,527
Program service revenue$766$1,063$1,220$2,369$4,570
Membership dues$0$0$0$0$0
Investment income$95,343$321,014$365,754$166,543$7,473
Other revenue$6,059$7,420($17,414)$6,647$154
Total other revenue$102,168$329,497$349,560$175,559$12,197
Total revenue$24,933,786$26,209,558$21,108,259$20,944,539$16,631,724
 
Expenses20182017201620152014
Program services$20,463,361$21,598,015$17,305,049$18,207,908$13,941,171
Management and general$640,709$553,667$493,779$507,570$491,385
Fundraising$2,847,475$2,771,428$2,142,456$1,821,271$1,534,138
Total expenses$23,951,545$24,923,110$19,941,284$20,536,749$15,966,694
 
Change in net assets20182017201620152014
Surplus (deficit)$982,241$1,286,448$1,166,975$407,790$665,030
Other changes in net assets($126,608)$0$0$0$0
Total change in net assets$855,633$1,286,448$1,166,975$407,790$665,030

Response from ministry

Since the founding of ICM in 1990, we have continuously looked for ways to leverage our donor's funds. Our large international base of volunteer partners is one example of how we stretch each dollar. By not having paid employees in the field, ICM is able to channel more of its resources into programs. Additionally, our founder's organization, The Rosser Family Foundation (a pure public 501 (3)), donates funds to cover all general administrative expenses. Accordingly, 100% of donor designated funds go to the designation of their choice.


History

Twenty-four years ago, International Cooperating Ministries (ICM) began, broadcasting the Bible teaching of Pastor Dick Woodward in Spanish. Now these teachings are translated into 26 different languages, around the world and with a potential listening audience of over4 billion people!

As a result of these broadcasts, groups of people began to gather together and formed small congregations. After seeing this growth, ICM realized the need for a structure for these congregations and that is how the ministry began the church building program it has today. To date, with the help of committed brothers and sisters in the countries where ICM works, they have over3,500 churches built or under construction. ICM's goal is to provide525 more churches by the end of 2010. With an average church attendance of 200 people, ICM anticipates over 700,000 people worshipping on any given Sunday in ICM-built churches within just a few years. The need is out there and ICM believes God has called them to meet their portion of that need.


Program accomplishments

  • In 2004, ICM printed and distributed over 400,000 Mini Bible College (MBC) study booklets in 11 countries.
  • ICM has begun offering tapes, tape players, and study guides to pastors for use with small groups in their churches. This project is called Targeted Media Approach (TMA). Over 1,000 small groups have started in India and Russia, with many congregations doubling in size as a result of the small group process.
  • MBC was made available on the web in 22 languages, complete with study materials, all free of charge.
  • A new African partnership has started in Ethiopia.
  • Another new partnership was started in the Republic of Congo, where two churches were built among Pygmy tribes.
  • A church/orphanage facility was completed in Uganda.
  • The first church/orphanage by ICM was opened in Indonesia.
  • In India, ICM has 13 partnerships and 779 churches have been built or are under construction.

Needs