Agape Flights

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/21/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Mission Partners need resources to impact the Caribbean for Christ. We Listen. We Respond. We Deliver.


Contact information

Mailing address:
Agape Flights
100 Airport Ave E
Venice, FL 34285

Website: agapeflights.com

Phone: 941-488-0990

Email: info@agapeflights.com


Organization details

EIN: 592057436

CEO/President: Allen Speer

Chairman: Adrienne McCutcheon

Board size: 9

Founder: Keith and Clara Starkey

Ruling year: 1981

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 2014


Purpose

In a world where resources are few and the infrastructure is sparse, Agape Flights' timely deliveries of mail and supplies are vital to sustain missionary families and their ministries. Hundreds of mission partners rely on Agape Flights to transport the mail and supplies they need while living and working on the mission field in Haiti, the Dominican Republic, and the Bahamas.
,br> Agape Flights is an important stateside connection for missionaries - by serving as their "home" address, Agape provides dependable mail service and the personalized cargo service the missionaries need.

Vision: A world where mission partners never lack resources to share the unconditional love of Christ. "For the ministry of this service is not only supplying the needs of the saints, but is also overflowing in many acts of thanksgiving to God." 2 Corinthians 9:12


Mission statement

Mission Partners need resources to impact the Caribbean for Christ. We Listen. We Respond. We Deliver.


Statement of faith

We Believe
...in the Holy scriptures as originally given by God, divinely inspired, infallible, entirely trustworthy; and the supreme authority in all matters of faith and conduct
...in one God, eternally existent in three persons, Father, Son and Holy Spirit
...in our Lord Jesus Christ, God manifest in the flesh, His virgin birth, His sinless human life, His divine miracles, His vicarious and atoning death, His bodily resurrection, His ascension, His mediatorial work, and His personal return in power and glory
...in marriage being only between one man and one woman as instituted by God with Adam and Eve and reaffirmed by Jesus in the New Testament
...in the Salvation of lost and sinful man through the shed blood of the Lord Jesus Christ by faith apart from works and regeneration by the Holy Spirit
...in the Holy Spirit, by whose indwelling the believer is enabled to live a holy life, to witness and work for the Lord Jesus Christ
...in the unity of the Spirit of all true believers, the Church, the body of Christ
...in the Resurrection of both the saved and the lost; they that are saved unto the resurrection of life, they that are lost unto the resurrection of damnation

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating598 of 99974 of 118
Fund acquisition rating755 of 100187 of 118
Resource allocation rating226 of 100136 of 118
Asset utilization rating679 of 99980 of 118

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%9%8%19%13%20%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%8%7%15%11%14%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%89%91%78%80%71%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%8%8%16%13%15%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%11%9%22%20%29%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%88%88%75%80%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%99%89%91%83%93%
Program output ratio Program output ratio =
Program services /
Total revenue
79%87%79%68%66%70%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%1%11%9%17%7%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%1%12%4%11%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%4%4%9%7%9%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.310.991.020.450.490.46
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.531.571.691.741.81
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.871.511.590.760.850.84
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
20.8142.6033.2031.2837.1317.27
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.020.030.030.030.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.627.747.3015.3413.6813.53
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%2%2%4%7%4%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%2%5%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
68%99%96%214%190%209%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$678,867$694,283$615,708$571,772$386,527
Receivables, inventories, prepaids$80,133$57,312$58,302$78,662$52,808
Short-term investments$1,364,639$1,236,414$975,578$880,022$792,340
Other current assets$0$0$0$0$0
Total current assets$2,123,639$1,988,009$1,649,588$1,530,456$1,231,675
Long-term investments$0$0$32,073$30,196$27,024
Fixed assets$1,129,969$1,127,405$1,111,715$1,096,282$968,139
Other long-term assets$0$40$0$0$0
Total long-term assets$1,129,969$1,127,445$1,143,788$1,126,478$995,163
Total assets$3,253,608$3,115,454$2,793,376$2,656,934$2,226,838
 
Liabilities20202019201820172016
Payables and accrued expenses$49,854$59,873$45,759$41,215$41,976
Other current liabilities$0$0$6,979$0$29,326
Total current liabilities$49,854$59,873$52,738$41,215$71,302
Debt$0$0$65,000$130,000$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$9,383$8,651$5,748$8,335$8,444
Total long-term liabilities$9,383$8,651$70,748$138,335$8,444
Total liabilities$59,237$68,524$123,486$179,550$79,746
 
Net assets20202019201820172016
Without donor restrictions$2,190,326$1,610,165$1,482,193$1,444,235$1,295,636
With donor restrictions$1,004,045$1,436,765$1,187,697$1,033,149$851,456
Net assets$3,194,371$3,046,930$2,669,890$2,477,384$2,147,092
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$2,882,509$3,213,403$1,063,744$1,263,549$783,345
Program service revenue$293,665$286,214$277,581$279,995$326,853
Membership dues$0$0$0$0$0
Investment income$27,910$35,474$33,042$33,977$2,896
Other revenue$47,526$11,426($5,807)($4,676)($3,348)
Total other revenue$369,101$333,114$304,816$309,296$326,401
Total revenue$3,251,610$3,546,517$1,368,560$1,572,845$1,109,746
 
Expenses20202019201820172016
Program services$2,817,041$2,795,380$934,959$1,042,397$777,548
Management and general$127,404$120,121$111,511$96,739$94,638
Fundraising$271,409$252,703$202,857$167,348$156,746
Total expenses$3,215,854$3,168,204$1,249,327$1,306,484$1,028,932
 
Change in net assets20202019201820172016
Surplus (deficit)$35,756$378,313$119,233$266,361$80,814
Other changes in net assets$0$0$0$0$0
Total change in net assets$35,756$378,313$119,233$266,361$80,814

Compensation

NameTitleCompensation
Allen SpeerCEO$104,311

Compensation data as of: 9/30/2020


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 11/21/2021. To update the information below, please email: info@ministrywatch.com


History

Agape Flights was founded by Keith and Clara Starkey on October 24, 1980. In the words of Clara Starkey, "God laid it on our hearts to buy an aircraft to fly supplies into Haiti." They chose the Greek word for love, AGAPE (the unconditional love He has for each of us) to describe their mission and their ministry.

On November 15, 1980, Agape's inaugural flight left the Sarasota-Bradenton International Airport, bound for Cap Haitien, Haiti. The small Cessna 411 was loaded with donated emergency supplies and mail for about 25 missionary families.

Today, Agape Flights serves as a lifeline from family, friends, and supporters to more than 300 missionary families in Haiti, the Dominican Republic and the Bahamas.

Keith and Clara Starkey founded Agape Flights on radical faith and love, and today, 40 years later, their legacy of love and faith flies on week after week, serving 300 missionary affiliates throughout Haiti, the Bahamas, and the Dominican Republic...impacting millions.

As Keith and Clara Starkey entered into the arms of Jesus on April 23, 2014 and February 6, 2020 (respectively) we can only imagine their heavenly homecoming. Certainly, they heard "Well done thou good and faithful servant" as they were being introduced to people who are there because they were faithful.


Program accomplishments

284 mission partners served in 2019
114 flights in 2019
425,703 LBS of Cargo, Mail, and emergency supplies delivered in 2019


Needs