Interchurch Medical Assistance, Inc.

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: Mr. Paul Derstine

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.
    The I.M.A. activities include:
  • 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.

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

Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating28 of 42313 of 60
Fund acquisition rating16 of 4233 of 60
Resource allocation rating51 of 42319 of 60
Asset utilization rating95 of 42325 of 60

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%0%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%100%100%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%0%0%0%0%0%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%92%93%96%96%92%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%100%100%100%101%101%
Program output ratio Program output ratio =
Program services /
Total revenue
81%92%93%96%96%93%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%0%0%0%-1%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%3%7%-5%-12%-8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%8%7%4%4%7%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.303.093.005.694.742.87
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.541.031.041.001.001.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.543.203.115.714.752.88
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.961.141.131.191.311.38
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.870.880.840.760.72
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.070.470.450.340.601.15
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%84%85%83%76%72%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%5%5%3%5%10%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$10,669,312$7,392,929$8,858,152$7,569,147$10,408,172
Receivables, inventories, prepaids$18,661,717$23,825,803$19,037,647$18,689,547$2,867,951
Short-term investments$1,009,147$931,580$930,587$929,832$822,382
Other current assets$0$0$0$0$3,102,315
Total current assets$30,340,176$32,150,312$28,826,386$27,188,526$17,200,820
Long-term investments$0$0$0$0$0
Fixed assets$1,060,844$1,174,833$95,465$77,019$41,925
Other long-term assets$0$0$0$0$0
Total long-term assets$1,060,844$1,174,833$95,465$77,019$41,925
Total assets$31,401,020$33,325,145$28,921,851$27,265,545$17,242,745
 
Liabilities20172016201520142013
Payables and accrued expenses$7,982,544$10,733,833$3,220,157$12,355,243$4,388,494
Other current liabilities$18,529,158$17,675,958$20,904,545$8,329,297$8,080,883
Total current liabilities$26,511,702$28,409,791$24,124,702$20,684,540$12,469,377
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$26,511,702$28,409,791$24,124,702$20,684,540$12,469,377
 
Net assets20172016201520142013
Unrestricted$4,473,958$4,553,214$4,258,049$5,296,203$3,306,479
Temporarily restricted$415,360$362,140$539,100$1,284,802$1,466,889
Permanently restricted$0$0$0$0$0
Net assets$4,889,318$4,915,354$4,797,149$6,581,005$4,773,368
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$97,041,947$100,137,165$164,308,111$128,322,809$48,931,457
Program service revenue$0$0$0$32,034$0
Membership dues$0$0$0$0$0
Investment income$64,478($25,081)$52,800$27,655$59,881
Other revenue$198,688$238,768$113,315$30,262$67,222
Total other revenue$263,166$213,687$166,115$89,951$127,103
Total revenue$97,305,113$100,350,852$164,474,226$128,412,760$49,058,560
 
Expenses20172016201520142013
Program services$89,210,304$92,841,143$158,699,081$123,672,376$45,666,892
Management and general$7,787,236$7,005,864$5,771,870$5,364,902$3,666,457
Fundraising$146,667$158,762$234,722$165,827$130,367
Total expenses$97,144,207$100,005,769$164,705,673$129,203,105$49,463,716
 
Change in net assets20172016201520142013
Surplus (deficit)$160,906$345,083($231,447)($790,345)($405,156)
Other changes in net assets($186,942)($226,878)($1,552,409)$2,597,982$0
Total change in net assets($26,036)$118,205($1,783,856)$1,807,637($405,156)

Response from ministry

No response has been provided by this ministry.


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.

Needs