Jerry Drace Evangelistic Association

Summary

The Jerry Drace Evangelistic Association ("JDEA") is committed to evangelism with integrity. By presenting the claims of Christ through programs such as Hope for the Home, revivals, videos focusing on issues facing youth today, and videos made for pastors and church staffs, the JDEA strives to offer encouragement and discipleship to a world in need.


Contact information

Mailing address:
236 Sanders Bluff Rd
Humboldt, TN 38343-8548

Website: www.jdea.tn.org

Phone: (731) 784-0087

Email: JDEAInc@juno.com


Organization details

EIN: 237430843

CEO/President: Mr. Jerry Drace

Chairman:

Board size:

Founder: Mr. Jerry Drace

Year founded:

Tax deductible: Yes

Fiscal year end: 03/31

Member of ECFA: No

Member of ECFA since:


Purpose

The Jerry Drace Evangelistic Association ("JDEA") is committed to evangelism with integrity. By presenting the claims of Christ through programs such as Hope for the Home, revivals, videos focusing on issues facing youth today, and videos made for pastors and church staffs, the JDEA strives to offer encouragement and discipleship to a world in need.


Mission statement


Statement of faith

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism

CategoryRatingOverall rankSector rank
Overall efficiency rating135 of 72510 of 39
Fund acquisition rating89 of 7265 of 39
Resource allocation rating82 of 7262 of 39
Asset utilization rating514 of 72529 of 39

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%0%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
96%77%80%69%95%90%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
4%23%20%31%5%10%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%92%92%92%94%94%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%100%116%102%138%98%
Program output ratio Program output ratio =
Program services /
Total revenue
78%92%106%94%129%92%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%0%-16%-2%-38%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%0%-3%-1%-7%1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%8%8%8%6%6%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.190.260.240.250.240.24
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.971.101.111.121.121.12
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.320.280.260.280.270.27
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.750.000.000.000.000.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.150.000.000.000.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.1042.3645.7742.7943.7944.04
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%0%0%0%0%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
67%388%423%398%410%413%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$4,819$7,949$7,255$5,586$11,534
Receivables, inventories, prepaids$11,125$11,545$13,994$16,513$18,550
Short-term investments$116,033$111,242$112,942$111,796$112,722
Other current assets$0$0$0$0$0
Total current assets$131,977$130,736$134,191$133,895$142,806
Long-term investments$0$0$0$0$0
Fixed assets$13,078$14,261$15,444$16,627$17,810
Other long-term assets$0$0$0$0$0
Total long-term assets$13,078$14,261$15,444$16,627$17,810
Total assets$145,055$144,997$149,635$150,522$160,616
 
Liabilities20192018201720162015
Payables and accrued expenses$0$0$0$0$0
Other current liabilities$0$0$0$0$0
Total current liabilities$0$0$0$0$0
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$0$0$0$0$0
 
Net assets20192018201720162015
Unrestricted$145,055$144,997$149,635$150,522$160,616
Temporarily restricted$0$0$0$0$0
Permanently restricted$0$0$0$0$0
Net assets$145,055$144,997$149,635$150,522$160,616
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$28,751$23,580$25,407$25,195$35,690
Program service revenue$3,482$2,483$4,951$3,527$5,683
Membership dues$0$0$0$0$0
Investment income$4,791$8,300$9,145$3,076$2,907
Other revenue$417($4,722)($2,757)($5,197)($4,516)
Total other revenue$8,690$6,061$11,339$1,406$4,074
Total revenue$37,441$29,641$36,746$26,601$39,764
 
Expenses20192018201720162015
Program services$34,550$31,370$34,564$34,382$36,469
Management and general$2,833$2,909$3,069$2,313$2,440
Fundraising$0$0$0$0$0
Total expenses$37,383$34,279$37,633$36,695$38,909
 
Change in net assets20192018201720162015
Surplus (deficit)$58($4,638)($887)($10,094)$855
Other changes in net assets$0$0$0$0$0
Total change in net assets$58($4,638)($887)($10,094)$855

Compensation

NameTitleCompensation
Becky DraceBookkeeper/S$12,480

Compensation data as of: 3/31/2019


Response from ministry

No response has been provided by this ministry.


History

The following represents some of the highlights of JDEA's 26 years of ministry at home in the United States:

1977: The gym at Stetson University was filled to near capacity as Jerry spoke at PraiseFest.

1982: Billy Graham, Frank Pollard, pastor of First Baptist Church, Jackson, MS, and Jerry share the platform and preaching responsibilities at the First Annual Conference for Southern Baptist Evangelists at Southern Seminary, Louisville, KY.

1984: Jerry preaches on prayer and Spiritual awakening at the Pastor's Conference of the Southern Baptist Convention.

1989: The Fall Campus Revival at Union University in Jackson, TN was well attended with many students making public decisions.

1989: Golden Gate Baptist Theological Seminary invited the team to conduct their campus wide fall revival.

1990: Preaching at First Baptist in Jacksonville, FL, the home church for the Draces for several years, was always a joy. Homer Lindsay, Jr. and Jerry Vines co-pastor this great church.

1991: The team conducted a revival at First Baptist Church, Jackson, MS, where Frank Pollard is Pastor.

1992: The First Baptist Church of San Francisco was the site of a great week in the Lord.

1998: Jerry preached at the first Sunday morning worship service of the Southern Baptist Convention in Salt Lake City. Dr. James Merritt, pastor of FBC Snellville, GA, also spoke. Over 3,000 were in attendance.

1999: A croud of 14,000 teenagers gathered in Centennial Park in Atlanta, GA to hear Small Town Poets, Third Day, and Darrell and Craig Scott. Jerry made arrangments for a special presentation of the Crosses of Columbine.


Program accomplishments


Needs