Paraclete Mission Group, Inc.

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 10/27/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

Paraclete Mission Group ("Paraclete") exists to serve mission agencies and churches in their efforts to effectively plant churches among unreached people groups. The goal is to assist in the planting of viable, indigenous, evangelizing churches among each of the world's people groups. Paraclete carries out its mission through the following four methods: Training (experiential-based learning opportunities, on-field coaching, member care and counseling, new methods for mission, reaching and empowering the urban poor); Mentoring (administrative development, Leadership development, organizational development, resource development, technology development); Associates on Assignment (some associates are assigned to assist agencies for an indefinite period of time. Such assignments require a formal agreement between Paraclete Mission Group and the receiving agency); Strategic Initiatives (the ministry is sensitive to opportunities to help ventures become fully developed, so long as they contribute to church planting among unreached people groups). This organization is a nonprofit, contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
3303 S. Lindsay Road, Suite 108, A3
Gilbert, AZ 85297-5297

Website: www.paraclete.net

Phone: (480) 854-4444

Email: info@paraclete.net


Organization details

EIN: 363559944

CEO/President: Mr. Don Parrot

Chairman: Mr. Gary Ginter

Board size: 8

Founder:

Year founded: 1988

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1998


Purpose

Paraclete Mission Group ("Paraclete") exists to serve mission agencies and churches in their efforts to effectively plant churches among unreached people groups. The goal is to assist in the planting of viable, indigenous, evangelizing churches among each of the world's people groups. Paraclete's operational guidelines are to come along-side, to never act alone, to stay only as long as needed and welcome, to make those we serve successful, and to be only involved in outcome based projects.

Paraclete carries out its mission through the following four methods: Training (experiential-based learning opportunities, on-field coaching, member care and counseling, new methods for mission, reaching and empowering the urban poor); Mentoring (administrative development, Leadership development, organizational development, resource development, technology development); Associates on Assignment (some associates are assigned to assist agencies for an indefinite period of time. Such assignments require a formal agreement between Paraclete Mission Group and the receiving agency); Strategic Initiatives (the ministry is sensitive to opportunities to help ventures become fully developed, so long as they contribute to church planting among unreached people groups).

Paraclete has 23 full-time Associates. Some of these are appointed as tentmakers in countries that cannot be named for security reasons. The other Associates carry special strategic portfolios, such as the Executive Director of Adopt-A-People Clearinghouse (www.aapc.net) or Executive Director of Partners in Urban Transformation. Another part of the ministry is through the Los Angeles Missionary Internship. Phil Elkins directs this urban-based, experience focused training that places missionary candidates from numerous agencies in their intended field language and cultural group in L.A.

This organization is a nonprofit, contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Mission statement

Paraclete Mission Group expresses its mission as follows:

"Paraclete Mission Group exists to serve mission agencies and churches in their efforts to effectively plant churches among unreached people groups."


Statement of faith

Paraclete Mission Group states that it, "wholeheartedly and without reservation subscribes to the EFMA and IFMA statements of faith, as well as the Lausanne Covenant."

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating547 of 91326 of 51
Fund acquisition rating670 of 91534 of 51
Resource allocation rating662 of 91537 of 51
Asset utilization rating195 of 9139 of 51

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%7%8%7%8%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%7%8%7%8%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%100%100%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%8%8%7%8%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%0%0%0%0%0%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%79%78%79%76%77%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%91%95%95%96%101%
Program output ratio Program output ratio =
Program services /
Total revenue
78%72%74%74%73%77%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%9%5%5%4%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%25%16%17%11%-3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%13%14%14%16%16%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.212.472.782.982.883.17
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.001.001.001.001.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.982.482.782.992.883.17
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
19.9955.1137.5556.4423.4734.39
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.040.020.030.020.040.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.684.754.203.943.983.68
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
5%2%3%2%4%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
78%40%35%33%33%31%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$996,483$750,337$627,277$535,254$471,414
Receivables, inventories, prepaids$0$2,025$506$2,081$360
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$996,483$752,362$627,783$537,335$471,774
Long-term investments$0$0$0$0$0
Fixed assets$4,275$1,170$2,106$0$0
Other long-term assets$0$0$30$0$0
Total long-term assets$4,275$1,170$2,136$0$0
Total assets$1,000,758$753,532$629,919$537,335$471,774
 
Liabilities20192018201720162015
Payables and accrued expenses$18,082$20,038$11,124$22,894$13,717
Other current liabilities$0$0$0$0$0
Total current liabilities$18,082$20,038$11,124$22,894$13,717
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$18,082$20,038$11,124$22,894$13,717
 
Net assets20192018201720162015
Without donor restrictions$144,359$121,015$116,691$124,213$114,856
With donor restrictions$838,317$612,479$502,104$390,228$343,201
Net assets$982,676$733,494$618,795$514,441$458,057
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$2,706,624$2,199,765$1,977,124$1,602,711$1,479,817
Program service revenue$2,445$5,555$3,550$3,260$5,980
Membership dues$0$0$0$0$0
Investment income$7,899$3,896$395$250($3,858)
Other revenue$1,580$0$0$0$0
Total other revenue$11,924$9,451$3,945$3,510$2,122
Total revenue$2,718,548$2,209,216$1,981,069$1,606,221$1,481,939
 
Expenses20192018201720162015
Program services$1,953,878$1,636,540$1,473,150$1,175,524$1,143,589
Management and general$315,736$289,531$267,174$251,574$235,705
Fundraising$200,265$168,364$136,105$122,739$115,432
Total expenses$2,469,879$2,094,435$1,876,429$1,549,837$1,494,726
 
Change in net assets20192018201720162015
Surplus (deficit)$248,669$114,781$104,640$56,384($12,787)
Other changes in net assets$0$0$0$0$0
Total change in net assets$248,669$114,781$104,640$56,384($12,787)

Compensation

NameTitleCompensation
William Glen VolkhardtPresident/CEO$95,076

Compensation data as of: 12/31/2019


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 10/27/2020. To update the information below, please email: info@ministrywatch.com


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