Interchurch Medical Assistance, Inc. 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/15/2021. To update the information in this column, please email: info@ministrywatch.com
Summary
Since 1960,Interchurch Medical Assistance, Inc.( I.M.A.) has represented some of the largest U.S. Protestant relief and development agencies in procuring and dispensing essential medical products and services for overseas emergency, health, and development programs that serve the poor.
Today, twelve Protestant relief and development agencies make up I.M.A.'s Membership. As a faith-based organization, I.M.A. exercises Christian compassion in providing integrated health services that serve the poor, regardless of religious or political affiliation, ethnicity, creed, color, gender, or national origin.
Contact information
Mailing address:
P.O. Box 429
500 Main Street
New Windsor, MD 21776-0429
Website: www.imaworldhealth.org
Phone: (410) 635-8720
Email: imainfo@interchurch.org
Organization details
EIN: 522112460
CEO/President: Daniel Speckhard
Chairman: Dr. Donald L. Parker
Board size: 13
Founder:
Year founded: 1960
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
-
Interchurch Medical Assistance, Inc. (I.M.A.) is a partner in overseas health care programs dedicated to improving the quality and availability of health care for the poor in developing countries and committed to putting life-saving medicines into the hands of overseas health care workers.
- Distributing an average of $20 million annually in life-saving medicines and medical products overseas.
- Facilitating and providing technical assistance in disease treatment and elimination programs.
- Facilitating the development and implementation of programs that support strengthening health care structures in developing countries.
I.M.A. supplies medicines and medical products supplies to health care professionals and medical mission teams for short-term, volunteer overseas medical mission trips.
The I.M.A. Medicine Box Program enables U.S. churches to participate in a hands-on mission project and support the work of their denominational relief and development agencies in providing medicines and medical supplies to their overseas health care partners.
I.M.A. participates in disaster relief in conjunction with the disaster relief activities of our Member Agencies. I.M.A. is active in projects to control parasitic diseases in Tanzania and Haiti. The organization also works in partnership with other non-governmental organizations, corporations, government and ministries of health.
I.M.A. receives support for this work from its Member agencies, individual donors, church groups, corporate partners, and foundations.
The I.M.A. activities include:
Mission statement
IMA uses the following to express its mission:
The mission of Interchurch Medical Assistance, Inc. is to provide essential products and services for emergency, health and development programs of interest to members, which serve people in need without regard to ethnicity, creed, color, gender, national origin, or religious or political affiliation.
Statement of faith
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Relief and Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 216 of 940 | 24 of 75 |
| Fund acquisition rating | | 223 of 942 | 20 of 75 |
| Resource allocation rating | | 337 of 942 | 27 of 75 |
| Asset utilization rating | | 421 of 940 | 33 of 75 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 4% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 4% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 99% | 98% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 4% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 1% | 2% | 0% | 0% | 0% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 85% | 89% | 88% | 91% | 92% | 93% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 99% | 104% | 97% | 100% | 100% |
Program output ratio Program output ratio = Program services / Total revenue | 83% | 88% | 91% | 89% | 92% | 93% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 1% | -4% | 3% | 0% | 0% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | 5% | -55% | 31% | 3% | 7% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 7% | 8% | 12% | 8% | 8% | 7% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.64 | 1.95 | 2.52 | 2.68 | 3.09 | 3.00 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.28 | 1.41 | 1.49 | 1.03 | 1.03 | 1.04 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.63 | 2.75 | 3.76 | 2.75 | 3.20 | 3.11 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 7.89 | 1.60 | 0.80 | 1.27 | 1.14 | 1.13 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.12 | 0.62 | 1.24 | 0.79 | 0.87 | 0.88 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.26 | 1.64 | -0.77 | 0.93 | 0.47 | 0.45 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 14% | 50% | 83% | 76% | 84% | 85% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 4% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 52% | 26% | 7% | 9% | 5% | 5% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $17,519,435 | $16,324,625 | $11,590,210 | $10,669,312 | $7,392,929 |
| Receivables, inventories, prepaids | $12,097,393 | $2,969,625 | $20,647,545 | $18,661,717 | $23,825,803 |
| Short-term investments | $22,291,300 | $1,122,033 | $1,050,566 | $1,009,147 | $931,580 |
| Other current assets | $0 | $373,534 | $0 | $0 | $0 |
| Total current assets | $51,908,128 | $20,789,817 | $33,288,321 | $30,340,176 | $32,150,312 |
| Long-term investments | $4,474,285 | $0 | $0 | $0 | $0 |
| Fixed assets | $1,458,234 | $868,044 | $947,426 | $1,060,844 | $1,174,833 |
| Other long-term assets | $15,410,886 | $9,337,603 | $0 | $0 | $0 |
| Total long-term assets | $21,343,405 | $10,205,647 | $947,426 | $1,060,844 | $1,174,833 |
| Total assets | $73,251,533 | $30,995,464 | $34,235,747 | $31,401,020 | $33,325,145 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $27,544,000 | $9,418,752 | $9,452,623 | $7,982,544 | $10,733,833 |
| Other current liabilities | $4,807,213 | $16,422,326 | $16,721,740 | $18,529,158 | $17,675,958 |
| Total current liabilities | $32,351,213 | $25,841,078 | $26,174,363 | $26,511,702 | $28,409,791 |
| Debt | $2,817,538 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $1,141,927 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $3,959,465 | $0 | $0 | $0 | $0 |
| Total liabilities | $36,310,678 | $25,841,078 | $26,174,363 | $26,511,702 | $28,409,791 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $28,812,673 | $4,791,169 | $7,662,808 | $4,473,958 | $4,553,214 |
| With donor restrictions | $8,128,182 | $363,217 | $398,575 | $415,360 | $362,140 |
| Net assets | $36,940,855 | $5,154,386 | $8,061,384 | $4,889,318 | $4,915,354 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $143,336,174 | $74,206,248 | $94,076,487 | $97,041,947 | $100,137,165 |
| Program service revenue | $1,209,759 | $1,167,574 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $44,496 | $64,478 | ($25,081) |
| Other revenue | $0 | $0 | $80,886 | $198,688 | $238,768 |
| Total other revenue | $1,209,759 | $1,167,574 | $125,382 | $263,166 | $213,687 |
| Total revenue | $144,545,933 | $75,373,822 | $94,201,869 | $97,305,113 | $100,350,852 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $126,872,781 | $68,506,194 | $83,822,881 | $89,210,304 | $92,841,143 |
| Management and general | $10,812,834 | $9,605,926 | $7,707,531 | $7,787,236 | $7,005,864 |
| Fundraising | $5,079,113 | $102,309 | $141,978 | $146,667 | $158,762 |
| Total expenses | $142,764,728 | $78,214,429 | $91,672,390 | $97,144,207 | $100,005,769 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $1,781,205 | ($2,840,607) | $2,529,479 | $160,906 | $345,083 |
| Other changes in net assets | ($43,576) | $59,973 | $642,587 | ($186,942) | ($226,878) |
| Total change in net assets | $1,737,629 | ($2,780,634) | $3,172,066 | ($26,036) | $118,205 |
Compensation
Compensation data for this ministry has not been collected.
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 3/15/2021. To update the information below, please email: info@ministrywatch.com
History
Program accomplishments
-
2003 Accomplishments for I.M.A. Inc include:
- I.M.A. shipped medical products and supplies and provided program support with a total value of $63 million to 72 countries around the world.
- I.M.A. shipped 839 I.M.A. Medicine Boxes to 15 countries in 2003, providing enough essential medicines and medical supplies to treat the routine ailments of approximately 839,000 adults and children. These included 244 United Methodist Medicine Boxes, 295 Presbyterian Medicine Boxes, 276 Church of the Brethren Clinic Boxes, 5 Soroptimist Village Kits, and 19 United Church of Christ Filariasis Boxes to people in need.
- There are now 38 hospitals participating in I.M.A.'s Burkitt's Lymphoma treatment program in Tanzania, which in 2003 treated 220 children suffering from this deadly cancer.
- I.M.A. has provided medicines with a value of $2.1 million to physicians and healthcare professionals making 436 separate mission trips around the world.
- I.M.A. has earned the highest rating for fiscal responsibility from two charity watchdog organizations, MinistryWatch and Charity Navigator. In fiscal 2003, I.M.A. used less than 1% (.93%) of its total expenitures for administration and operations.
2002 Accomplishments for I.M.A. Inc include: - An aid package of nearly $4 million, including donated & purchased medicines and medical supplies valued at $3.8 million, helped to restore health services to Goma and treat infectious diseases in Goma and surrounding regions.
- Potential cholera, meningitis and other epidemics averted.
- Reconstruction of CEBCE Health Center (Community of Baptist Churches in Eastern D.R. Congo).
- Support for CBCA (Baptist Community of Central Africa Referral Health Center, CEPAC (Pentacostal Community of Central Africa) health team, and the Goma health bureau, including temporary salary support for health personnel, assistance for transport of health personnel and patients, and provision of basic office supplies for administration of health coordination activities.