SHABACH! Ministries Inc

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 4/5/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

This non-profit 501(c)3 corporation founded by the First Baptist Church of Glenarden, in Landover area of Prince George's County is developing dynamic communities by "educating, engaging and empowering."

Offering superior service in early childhood development, academic achievement, and community activities, SHABACH! is committed to delivering meaningful, safe, programs that "educate, engage and empower." Driven by a spirit of excellence, SHABACH! has developed a core group of services to positively impact our surrounding community through a variety of programs to encourage growth and instill a sense of belonging.

To this end, we are committed to developing confident, capable youth and adults who are ready to assume a vital role in the changing face of Prince George's County. Since 1996, SHABACH! has delivered inspiring programs that have become models for building good character, ensuring academic achievement, and promoting community involvement for youth and adults. At SHABACH! we are continuously striving to deliver unrivaled service that teaches people to work hard, take a chance, and make a difference.


Contact information

Mailing address:
SHABACH! Ministries Inc
403 Brightseat Rd
Landover, MD 20785

Website: smionline.org

Phone: 240-532-7000

Email: lrussell@smionline.org


Organization details

EIN: 521966871

CEO/President: Cynthia J. Terry

Chairman: Stephen W. Neal

Board size: 13

Founder: First Baptist Church of Glenarden

Year founded: 1997

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2014


Purpose

To develop dynamic communities for generations to come, by meeting the need, giving hope, and teaching to soar.


Mission statement

To empower families, individuals, youth and children through stellar education and loving engagement which cultivates exemplary character, a lifelong love of learning, and creates a healthier community for today and tomorrow.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating67 of 8175 of 37
Fund acquisition rating248 of 81710 of 37
Resource allocation rating128 of 8177 of 37
Asset utilization rating132 of 8176 of 37

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%0%0%3%3%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%0%0%1%1%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
85%26%33%29%33%30%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%0%0%1%1%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
15%74%67%71%67%70%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%87%85%94%94%99%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%107%89%94%91%96%
Program output ratio Program output ratio =
Program services /
Total revenue
79%93%75%88%86%96%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-7%11%6%9%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
1%-24%37%29%53%41%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%13%15%5%5%1%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.862.782.212.973.605.20
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.721.021.031.071.051.11
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.992.822.283.183.775.79
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
7.713.854.953.243.031.82
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.260.200.310.330.55
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.783.144.192.602.140.94
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
12%30%24%33%37%54%
Debt ratio Debt ratio =
Debt /
Total assets
0%2%3%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
85%25%34%23%17%9%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$1,256,299$1,481,984$990,475$777,814$461,723
Receivables, inventories, prepaids$17,256$15,384$42,455$24,964$19,499
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,273,555$1,497,368$1,032,930$802,778$481,222
Long-term investments$0$0$0$0$0
Fixed assets$21,024$46,917$73,550$36,461$54,126
Other long-term assets$0$0$0$0$0
Total long-term assets$21,024$46,917$73,550$36,461$54,126
Total assets$1,294,579$1,544,285$1,106,480$839,239$535,348
 
Liabilities20192018201720162015
Payables and accrued expenses$229,723$242,312$292,493$229,275$201,173
Other current liabilities$101,470$60,041$26,601$35,356$62,697
Total current liabilities$331,193$302,353$319,094$264,631$263,870
Debt$23,792$42,584$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$30,077$30,077$47,356$47,378$25,135
Total long-term liabilities$53,869$72,661$47,356$47,378$25,135
Total liabilities$385,062$375,014$366,450$312,009$289,005
 
Net assets20192018201720162015
Unrestricted$208,972$501,826$584,395$407,525$246,343
Temporarily restricted$700,545$667,445$155,635$119,705$0
Permanently restricted$0$0$0$0$0
Net assets$909,517$1,169,271$740,030$527,230$246,343
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$863,319$1,257,532$1,024,696$1,093,795$875,565
Program service revenue$2,507,033$2,588,045$2,475,245$2,209,302$2,010,266
Membership dues$0$0$0$0$0
Investment income$5,900$3,044$1,711$1,243$0
Other revenue$0$0$0$0$0
Total other revenue$2,512,933$2,591,089$2,476,956$2,210,545$2,010,266
Total revenue$3,376,252$3,848,621$3,501,652$3,304,340$2,885,831
 
Expenses20192018201720162015
Program services$3,123,285$2,902,365$3,091,521$2,842,515$2,759,279
Management and general$473,366$517,015$164,442$150,711$20,064
Fundraising$0$0$32,889$30,227$5,170
Total expenses$3,596,651$3,419,380$3,288,852$3,023,453$2,784,513
 
Change in net assets20192018201720162015
Surplus (deficit)($220,399)$429,241$212,800$280,887$101,318
Other changes in net assets$0$0$0$0$0
Total change in net assets($220,399)$429,241$212,800$280,887$101,318

Compensation

NameTitleCompensation
Cynthia TerryExecutive Director$146,884

Compensation data as of: 6/30/2019


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 4/5/2021. To update the information below, please email: info@ministrywatch.com


History

SMI, located in Landover, Maryland, was established in 1996 as the non-profit organization of the First Baptist Church of Glenarden (FBCG).


Program accomplishments


Needs