Terri Savelle Foy Ministries Inc

Summary

Terri is an author, a conference speaker, and a success coach to hundreds of thousands of people all over the world. Her best-selling books Make Your Dreams Bigger than Your Memories, and Imagine Big have helped people discover how to overcome the hurts of the past and see the possibilities of a limitless future. Her weekly podcast is a lifeline of hope and inspiration to people around the world.


Contact information

Mailing address:
Terri Savelle Foy Ministries
PO Box 1959
Rockwall, TX 75087

Website: terri.com

Phone: 1-877-661-8736

Email: info@terri.com


Organization details

EIN: 471045534

CEO/President: Terri Savelle Foy

Chairman:

Board size: 0

Founder: Terri Savelle Foy

Year founded: 2015

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

You were created on purpose for a purpose. Everything we do is to help you recognize, develop, and achieve all God has for you.


Mission statement

Our mission is to give you the tools you need to make your dreams bigger than your memories and fulfill your God-given assignment.


Statement of faith

1. We believe in one God - Father, Son and Holy Spirit - Creator of all things. 2. We believe that the Lord Jesus Christ, the only begotten Son of God, was conceived of the Holy Spirit, born of the virgin Mary, crucified, died, was buried, resurrected, ascended into heaven, and is now seated at the right hand of God the Father, the true God and true man. 3. We believe the Bible in its entirety to be the inspired Word of God and the infallible rule of faith and conduct. 4. We believe in the resurrection of the dead, the eternal happiness of the saved and the eternal punishment of the lost. 5. We believe in personal salvation of Believers through the shed blood of Jesus Christ. 6. We believe in sanctification through the Word of God and by the Holy Spirit, and we believe in personal holiness, purity of heart and life. 7. We believe in divine healing, through faith in the Name of Jesus Christ, and that healing is included in the redemption. 8. We believe in water baptism, in the Baptism in the Holy Spirit as distinct from the new birth, in speaking with tongues as the Spirit of God gives utterance (Acts 2:4), in the gifts of the Spirit and the evidence of the fruit of the Spirit. We believe that all of these are available to Believers. 9. We believe in the Christian's hope - the soon coming, personal return of the Lord Jesus Christ. 10. We believe in evangelism and missionary work in accordance with the Christian commission (Matthew 28:19).

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Christian Growth

CategoryRatingOverall rankSector rank
Overall efficiency rating498 of 61938 of 56
Fund acquisition rating588 of 62051 of 56
Resource allocation rating501 of 62043 of 56
Asset utilization rating189 of 61915 of 56

Financial ratios

Funding ratiosSector median2017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%17%8%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%12%6%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
82%70%72%77%87%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%12%6%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
18%30%28%23%13%
 
Operating ratiosSector median2017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%72%79%92%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%103%86%92%30%
Program output ratio Program output ratio =
Program services /
Total revenue
76%74%68%85%24%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-3%14%8%70%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%-7%21%11%100%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%16%15%8%19%
 
Investing ratiosSector median2017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.011.911.221.140.42
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.381.071.081.021.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.112.051.321.160.42
 
Liquidity ratiosSector median2017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.278.9013.6192.91107.59
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.110.070.010.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.115.198.4410.2228.04
 
Solvency ratiosSector median2017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%11%7%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
74%47%76%86%236%

Financials

Balance sheet
 
Assets2017201620152014
Cash$405,401$730,439$556,876$591,659
Receivables, inventories, prepaids$195,306$128,708$120,224$96,869
Short-term investments$615,676$383,056$306,944$187,264
Other current assets$0$0$0$0
Total current assets$1,216,383$1,242,203$984,044$875,792
Long-term investments$0$0$0$0
Fixed assets$89,339$99,131$15,959$9,201
Other long-term assets$0$0$0$0
Total long-term assets$89,339$99,131$15,959$9,201
Total assets$1,305,722$1,341,334$1,000,003$884,993
 
Liabilities2017201620152014
Payables and accrued expenses$136,636$91,294$10,591$8,140
Other current liabilities$0$0$0$0
Total current liabilities$136,636$91,294$10,591$8,140
Debt$0$0$0$0
Due to (from) affiliates$0$0$0$0
Other long-term liabilities$5,394$1,553$4,203$0
Total long-term liabilities$5,394$1,553$4,203$0
Total liabilities$142,030$92,847$14,794$8,140
 
Net assets2017201620152014
Unrestricted$1,163,692$1,160,577$985,209$876,853
Temporarily restricted$0$87,910$0$0
Permanently restricted$0$0$0$0
Net assets$1,163,692$1,248,487$985,209$876,853
 
Revenues and expenses
 
Revenue2017201620152014
Total contributions$1,688,681$1,369,215$957,587$1,089,309
Program service revenue$164,665$198,387$116,051$92,438
Membership dues$0$0$0$0
Investment income$313$883$1,044$293
Other revenue$562,275$326,831$172,821$66,154
Total other revenue$727,253$526,101$289,916$158,885
Total revenue$2,415,934$1,895,316$1,247,503$1,248,194
 
Expenses2017201620152014
Program services$1,791,787$1,286,025$1,055,691$301,822
Management and general$410,317$246,127$87,538$69,520
Fundraising$295,015$104,742$0$0
Total expenses$2,497,119$1,636,894$1,143,229$371,342
 
Change in net assets2017201620152014
Surplus (deficit)($81,185)$258,422$104,274$876,852
Other changes in net assets$0$0$0$0
Total change in net assets($81,185)$258,422$104,274$876,852

Response from ministry

No response has been provided by this ministry.


History

"For years, I just existed without a definite sense of purpose or clear vision for my life. I was filled with guilt from my past and fear of rejection. The turnaround for me came when I hit rock bottom with my marriage on the verge of divorce. During this painful time, I discovered how to have a real and growing relationship with God, develop discipline and habits, create a vision for my future, set goals correctly, and achieve big results. Since then, my life has never been the same." - Terry Savelle Foy


Program accomplishments


Needs