Entrust

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/27/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Entrust was formed as an overseas Christian support organization to develop, publish, and teach seminary-level curriculum in Eastern Europe and former Soviet territories with the goal of training leadership for the local churches in those countries. The objective of the ministry is to multiply, as rapidly and systematically as possible, the growth of New Testament church leadership in the formerly closed countries of Eastern Europe and the countries of the former Soviet Union. The purpose of the organization is to assist these Christians in their attempts to promote the growth and establishment of their churches by the training and equipping of their pastors for the purpose of evangelizing and discipling their countrymen. Entrust provides comprehensive life-related, ministry-based leadership training where practical ministry assignments are required and monitored by qualified teachers. The seminar sessions provide significant opportunity for peer discipleship in a small group as students' world views are challenged to conform to Scripture.


Contact information

Mailing address:
Entrust
PO Box 25520
Colorado Springs, CO 80936-5520

Website: www.entrust4.org

Phone: (719) 622-1980

Email: info@entrust4.org


Organization details

EIN: 541256309

CEO/President: Christopher Goree

Chairman: Dr. Andrew Seidel

Board size: 11

Founder: Dr. Fred Holland

Year founded: 1979

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1986


Purpose

Vision: Multiplying leaders for multiplying churches.

Entrust was formed as an overseas Christian support organization to develop, publish, and teach seminary-level curriculum in Eastern Europe and former Soviet territories with the goal of training leadership for the local churches in those countries. The objective of the ministry is to multiply, as rapidly and systematically as possible, the growth of New Testament church leadership in the formerly closed countries of Eastern Europe and the countries of the former Soviet Union. The purpose of the organization is to assist these Christians in their attempts to promote the growth and establishment of their churches by the training and equipping of their pastors for the purpose of evangelizing and discipling their countrymen.

The Entrust curriculum addresses three related areas of development (Bible knowledge, ministry skills and character) with a curriculum field tested and adapted to each country. Publishing the Entrust curriculum involves translating six million words per language and printing over 65 textbooks in six different languages. These 65 textbooks are printed in quantities ranging from 500 to 5,000 and provide an essential study library for future use and reference. Entrust provides comprehensive life-related, ministry-based leadership training where practical ministry assignments are required and monitored by qualified teachers. The seminar sessions provide significant opportunity for peer discipleship in a small group as students' world views are challenged to conform to Scripture. Entrust operates in the following countries: Bulgaria, Czech Republic, Hungary, Moldova, Poland, Romania, Russia, Slovakia, and the Ukraine.


Mission statement

To multiply church leaders through accessible, locally owned, reproducible training systems.


Statement of faith

Entrust communicates its statement of faith as the following:

  • We believe the Bible to be the fully inspired, infallible, inerrant, and authoritative Word of God (2 Tim.3:16; 2 Pet. 1:21).
  • We believe there is one God, eternally existent in three persons: Father, Son, and Holy Spirit (Matt. 28:19; Eph. 4:4-6).
  • We believe that our Lord Jesus Christ is the eternal Son of God, fully divine and fully human. We believe in His virgin birth, His sinless life, His miracles, His substitutionary and atoning death, His bodily resurrection, His ascension to the right hand of the Father, and His personal second coming in power and glory (John 1:1,14; Luke 1:26-35; 2 Cor. 5:21; John 14:10-11; Rom. 3:23-26; Luke 24-6-7; Eph. 1:20-21; Acts 1:10-11; Matt. 24:30).
  • We believe that all are sinful and lost. The consequence of this condition is eternal judgment (John 3:18, 36; Rom. 3:10-23; 6:23; Heb. 9:27).
  • We believe that all can be saved from this eternal judgment only by grace through personal faith in the Lord Jesus Christ as Savior, apart from works (John 3:16; Acts 4:12; Eph. 2:8-9; Heb. 9:28).
  • We believe in the present ministry of the Holy Spirit who regenerates, indwells, and enables the Christian to live a godly life (Rom. 8:9; 1 Cor. 6:19; Gal. 5:16).
  • We believe in the bodily resurrection and judgment of all people. Believers are resurrected to enjoy eternal life with God, and unbelievers are resurrected to experience eternal punishment away from the presence of the Lord (John 11:25-26; 1 John 5:11-12; Rev. 20:4-15).
  • We believe all who are united to the risen and ascended Son of God are members of Christ's universal church. We also believe that the local expressions of the universal body of Christ are essential in the plan and purpose of God (1 Cor. 12:12-27; Eph. 4:1-13).
  • We believe it is the responsibility of all who are saved to work toward the fulfillment of the Great Commission (Matt. 28:19; Acts 1:8)

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Leadership Training

CategoryRatingOverall rankSector rank
Overall efficiency rating578 of 94010 of 20
Fund acquisition rating228 of 9425 of 20
Resource allocation rating792 of 94215 of 20
Asset utilization rating554 of 94012 of 20

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%6%7%6%5%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%6%7%5%5%6%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
86%99%97%98%98%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%6%7%6%5%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
14%1%3%2%2%2%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
77%73%78%81%80%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%99%100%96%92%92%
Program output ratio Program output ratio =
Program services /
Total revenue
79%72%78%78%74%70%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%1%0%4%8%8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%1%1%8%14%16%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%21%15%13%14%18%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.861.511.751.771.621.65
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.161.021.021.101.131.10
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.501.551.791.951.831.82
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.7039.5928.7930.0819.1312.83
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.030.030.030.050.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.307.556.495.946.206.09
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
16%2%3%3%5%7%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
40%64%55%55%59%56%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$2,128,612$2,077,354$1,974,920$1,981,824$1,812,934
Receivables, inventories, prepaids$345,345$399,692$289,360$86,377$55,408
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,473,957$2,477,046$2,264,280$2,068,201$1,868,342
Long-term investments$0$0$0$0$0
Fixed assets$59,546$55,398$236,951$268,922$184,026
Other long-term assets$0$0$0$0$0
Total long-term assets$59,546$55,398$236,951$268,922$184,026
Total assets$2,533,503$2,532,444$2,501,231$2,337,123$2,052,368
 
Liabilities20202019201820172016
Payables and accrued expenses$62,491$86,037$75,282$108,125$145,593
Other current liabilities$0$0$0$0$0
Total current liabilities$62,491$86,037$75,282$108,125$145,593
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$62,491$86,037$75,282$108,125$145,593
 
Net assets20202019201820172016
Without donor restrictions$458,308$604,218$455,680$297,047$260,415
With donor restrictions$2,012,704$1,842,189$1,970,269$1,931,951$1,646,360
Net assets$2,471,012$2,446,407$2,425,949$2,228,998$1,906,775
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$3,814,869$4,322,990$4,539,362$4,019,037$3,613,965
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$24,495$8,692$6,204$5,540$14,028
Other revenue$16,443$113,062$72,950$90,597$63,876
Total other revenue$40,938$121,754$79,154$96,137$77,904
Total revenue$3,855,807$4,444,744$4,618,516$4,115,174$3,691,869
 
Expenses20202019201820172016
Program services$2,792,511$3,461,243$3,583,436$3,050,662$2,586,571
Management and general$796,152$667,769$587,496$548,467$598,853
Fundraising$242,539$295,274$250,633$193,822$206,967
Total expenses$3,831,202$4,424,286$4,421,565$3,792,951$3,392,391
 
Change in net assets20202019201820172016
Surplus (deficit)$24,605$20,458$196,951$322,223$299,478
Other changes in net assets$0$0$0$0$0
Total change in net assets$24,605$20,458$196,951$322,223$299,478

Compensation

NameTitleCompensation
Christopher GoreePresident; CEO (beginning Oct. 2020)$104,955
David GoodmanCEO (thru October 2020)$75,856
Lynn EberCFO, Treasurer$41,867
Andrew SeidelBoard Chair, Field Staff$30,000
Roger GulickBoard Member, Field Staff$3,356

Compensation data as of: 12/31/2020


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 9/27/2021. To update the information below, please email: info@ministrywatch.com


History

Entrust began in 1979 as a ministry to help Christians who were isolated from other believers by authorities who wanted to suppress and eliminate them. Several ministries working secretly behind the Iron Curtain, focusing primarily on discipleship and evangelism, recognized the need for training for pastors and church leaders. They decided it would be more effective to join forces for maximum kingdom impact.

Entrust, at that time called Biblical Education by Extension, International (BEE International), was organized as a historic cooperative multi-mission effort providing comprehensive training for pastors and church leaders denied training by antagonistic communist governments.

Entrust could not adopt the commonly accepted mode of formal seminary training, as such an option simply wasn't available. Instead, facilitated, interactive learning in small groups, allowing for powerful life-on-life instruction, became the model. In 1989, with the fall of communism, former totalitarian states were suddenly thrown open. Entrust was in place to help national believers and new mission groups navigate new freedoms.

The legacy of Entrust's Cold War years is an organization strategically positioned to equip other ministries with the tools necessary to train men and women to lead a rapidly growing church around the world. Currently, Entrust is equipping indigenous ministries to train leaders in Europe, the Middle East, sub-Saharan Africa, Asia, Latin America and North America.


Program accomplishments


Needs