Greater Europe Mission GEM

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 10/22/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Greater Europe Mission is a mission movement that is committed to reaching Europe with the Gospel. Our purpose is to assist the peoples of Europe in building up the body of Christ so that every person in Europe is within reach of a witnessing fellowship. They seek to fulfill this purpose by equipping the people of Europe to share Christ, by starting churches and by training them in God's Word. Their desire is to come alongside Europeans to assist them in reaching their continent for Christ.


Contact information

Mailing address:
Greater Europe Mission
18950 Base Camp Rd.
Monument, CO 80132-8009

Website: www.gemission.org

Phone: 800-436-4488

Email: info@gemission.com


Organization details

EIN: 362345199

CEO/President: Rev. Jonathan Burns

Chairman: Dr. Robert Bugh

Board size: 9

Founder: Dr. Robert Evans

Year founded: 1952

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1987


Purpose

Reach the unbelieving and uncommitted across Europe. Grow and deepen them in their faith through intentional discipleship and to empower and send them out to impact their world for Jesus Christ.

Vision: God expanding His Kingdom through all peoples of Europe to the world


Mission statement

Greater Europe Mission's Mission Statement is:

Reaching Europe by multiplying disciples and growing Christ's Church


Statement of faith

Greater Europe Mission's Statement of Faith is:

We believe the Bible to be the inspired, infallible, and authoritative Word of God.

We believe that there is one God, eternally existent in three persons: Father, Son, and Holy Spirit.

We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His ascension to the right hand of the Father, and in His personal return to power and glory.

We believe that for salvation of lost and sinful man, regeneration by the Holy Spirit is absolutely essential.

We believe in the present ministry of the Holy Spirit, by whose indwelling the Christian is enabled to live a godly life.

We believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.

We believe in the spiritual unity of believers in Christ.

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating775 of 94187 of 104
Fund acquisition rating714 of 94378 of 104
Resource allocation rating798 of 94394 of 104
Asset utilization rating459 of 94152 of 104

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%9%11%10%8%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%9%10%10%8%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%97%97%97%97%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%9%11%10%9%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%3%3%3%3%2%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%73%78%80%81%82%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%98%95%100%95%99%
Program output ratio Program output ratio =
Program services /
Total revenue
79%71%74%80%77%81%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%2%5%0%5%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%3%7%-1%7%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%18%11%10%10%11%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.261.281.331.381.261.38
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.331.371.401.421.48
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.871.701.811.931.782.05
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.2020.9614.0414.2113.4111.32
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.050.070.070.070.09
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.766.736.145.796.235.33
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%10%12%13%13%16%
Debt ratio Debt ratio =
Debt /
Total assets
0%2%3%3%3%4%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
72%70%66%64%69%61%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$3,225,577$3,259,388$2,059,067$2,786,815$3,341,867
Receivables, inventories, prepaids$968,535$778,987$306,452$226,953$82,928
Short-term investments$8,945,697$8,315,030$8,108,364$7,626,842$5,792,851
Other current assets$0$0$660,640$318,198$219,515
Total current assets$13,139,809$12,353,405$11,134,523$10,958,808$9,437,161
Long-term investments$0$0$358,791$369,411$0
Fixed assets$3,550,142$3,769,207$3,788,110$3,914,722$3,938,376
Other long-term assets$806,276$787,236$299,462$292,009$629,809
Total long-term assets$4,356,418$4,556,443$4,446,363$4,576,142$4,568,185
Total assets$17,496,227$16,909,848$15,580,886$15,534,950$14,005,346
 
Liabilities20202019201820172016
Payables and accrued expenses$346,295$508,049$392,824$441,541$438,560
Other current liabilities$280,515$372,116$390,757$375,432$395,144
Total current liabilities$626,810$880,165$783,581$816,973$833,704
Debt$430,170$456,230$486,780$492,070$492,796
Due to (from) affiliates$103,400$0$0$0$0
Other long-term liabilities$673,915$668,411$680,427$777,454$856,456
Total long-term liabilities$1,207,485$1,124,641$1,167,207$1,269,524$1,349,252
Total liabilities$1,834,295$2,004,806$1,950,788$2,086,497$2,182,956
 
Net assets20202019201820172016
Without donor restrictions$6,447,184$6,895,624$6,945,078$6,607,802$5,628,167
With donor restrictions$9,214,748$8,009,418$6,685,020$6,840,651$6,194,223
Net assets$15,661,932$14,905,042$13,630,098$13,448,453$11,822,390
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$22,116,873$22,788,205$20,785,746$19,908,218$19,180,346
Program service revenue$344,263$348,734$296,723$335,512$254,846
Membership dues$0$0$0$0$0
Investment income$12,609$8,115$65,955$8,842$13,573
Other revenue$315,058$336,634$226,035$263,327$149,380
Total other revenue$671,930$693,483$588,713$607,681$417,799
Total revenue$22,788,803$23,481,688$21,374,459$20,515,899$19,598,145
 
Expenses20202019201820172016
Program services$16,290,950$17,486,037$17,101,041$15,872,163$15,925,965
Management and general$3,986,039$2,524,274$2,216,919$1,957,777$2,056,431
Fundraising$2,049,959$2,406,564$2,138,287$1,692,056$1,387,131
Total expenses$22,326,948$22,416,875$21,456,247$19,521,996$19,369,527
 
Change in net assets20202019201820172016
Surplus (deficit)$461,855$1,064,813($81,788)$993,903$228,618
Other changes in net assets$295,035$210,131$263,433$632,160($458,324)
Total change in net assets$756,890$1,274,944$181,645$1,626,063($229,706)

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 10/22/2021. To update the information below, please email: info@ministrywatch.com


History

Greater Europe Mission (GEM) was founded by Dr. Robert Evans in 1949. For more than 50 years God has supernaturally placed people from many Christian backgrounds into the Greater Europe Mission (GEM) family. Now, more than 400 missionaries serve in 29 countries through GEM.


Program accomplishments


Needs