International Cooperating Ministries

Summary

International Cooperating Ministries (ICM), a ministry of the Rosser Foundation, builds churches and promotes discipleship with indigenous partners throughout the world. As of December 2019, the ministry has built or under construction 9,056 churches, orphanages and hope centers in 95 countries. ICM also distributes a discipleship survey of the Old and New Testaments designed for oral learners in 56 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: Janice Rosser Allen

Chairman: Janice Rosser Allen

Board size: 23

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

Year founded: 1990

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2019


Purpose

Do you want to reach the world for Jesus Christ? This simple question led to the creation of International Cooperating Ministries (ICM) and sparked an innovative approach to evangelism that now spans more than half the world's countries. Our founder understood a basic biblical principle: that the local church is God's plan for sharing the Gospel and making disciples. If we could empower indigenous Christians in developing countries for greater ministry and evangelism, we could finally see God's Word reach every tribe and nation.


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.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating305 of 66041 of 88
Fund acquisition rating529 of 66277 of 88
Resource allocation rating258 of 66225 of 88
Asset utilization rating158 of 66023 of 88

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


Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%11%11%11%10%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%11%11%11%10%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%99%100%99%98%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%12%12%11%11%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%1%0%1%2%1%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%86%85%87%87%89%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%89%96%95%94%98%
Program output ratio Program output ratio =
Program services /
Total revenue
82%76%82%82%82%87%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%11%4%5%6%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%29%11%16%17%7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%2%3%2%2%2%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.372.262.582.992.833.54
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.371.321.751.461.611.88
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.182.984.524.384.556.64
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.5843.9620.7431.7924.4328.37
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.020.050.030.040.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.103.942.532.662.531.74
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%2%3%2%3%2%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
64%43%38%33%34%28%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$2,514,547$700,200$1,372,764$922,154$89,445
Receivables, inventories, prepaids$469,162$481,907$216,679$287,142$1,169,956
Short-term investments$6,861,945$3,920,765$4,066,687$3,169,771$1,802,812
Other current assets$291,337$195,015$40,157$157$30,157
Total current assets$10,136,991$5,297,887$5,696,287$4,379,224$3,092,370
Long-term investments$0$0$0$0$0
Fixed assets$1,232,254$1,207,073$1,209,393$1,220,701$1,256,991
Other long-term assets$1,961,539$2,782,174$1,418,467$1,437,830$1,456,517
Total long-term assets$3,193,793$3,989,247$2,627,860$2,658,531$2,713,508
Total assets$13,330,784$9,287,134$8,324,147$7,037,755$5,805,878
 
Liabilities20192018201720162015
Payables and accrued expenses$230,611$255,463$179,182$173,928$103,105
Other current liabilities$0$0$0$5,310$5,885
Total current liabilities$230,611$255,463$179,182$179,238$108,990
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$16,970$31,073$0$0$5,346
Total long-term liabilities$16,970$31,073$0$0$5,346
Total liabilities$247,581$286,536$179,182$179,238$114,336
 
Net assets20192018201720162015
Unrestricted$8,113,112$2,639,519$4,957,403$4,529,101$2,862,365
Temporarily restricted$4,970,091$6,361,079$3,187,562$2,329,416$2,829,177
Permanently restricted$0$0$0$0$0
Net assets$13,083,203$9,000,598$8,144,965$6,858,517$5,691,542
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$33,748,551$24,831,618$25,880,061$20,758,699$20,768,980
Program service revenue$424$766$1,063$1,220$2,369
Membership dues$0$0$0$0$0
Investment income$181,513$95,343$321,014$365,754$166,543
Other revenue$10,919$6,059$7,420($17,414)$6,647
Total other revenue$192,856$102,168$329,497$349,560$175,559
Total revenue$33,941,407$24,933,786$26,209,558$21,108,259$20,944,539
 
Expenses20192018201720162015
Program services$25,877,327$20,463,361$21,598,015$17,305,049$18,207,908
Management and general$648,784$640,709$553,667$493,779$507,570
Fundraising$3,658,386$2,847,475$2,771,428$2,142,456$1,821,271
Total expenses$30,184,497$23,951,545$24,923,110$19,941,284$20,536,749
 
Change in net assets20192018201720162015
Surplus (deficit)$3,756,910$982,241$1,286,448$1,166,975$407,790
Other changes in net assets$325,695($126,608)$0$0$0
Total change in net assets$4,082,605$855,633$1,286,448$1,166,975$407,790

Response from ministry


History

ICM began in 1986 with the purpose of translating an accessible Bible survey into various languages for making disciples around the world. However, when our founder discovered that he could also help indigenous congregations build permanent churches for very little cost, his vision expanded. Church buildings gave Christians legitimacy in hostile cultures and allowed them to minister to their communities. Devotional Bible content produced in their heart language and distributed in audio transformed even oral learners into local evangelists and church planters. For more than 30 years, our ministry has been using this unique strategy of partnering and leveraging to grow God's Church in some of the world's least-reached mission fields. Our vision: to see a healthy church within walking distance of everyone in the world.


Program accomplishments

9,000+ churches 200+ indigenous partners 90+ countries 50+ Bible study languages 1.5 million+ disciples.


Needs