Agape Flights 
The information on this page was last updated 5/25/2023. If you see errors or omissions, please email: [email protected]
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: [email protected]
Organization details
EIN: 592057436
CEO/President: Allen Speer
Chairman: Adrienne McCutcheon
Board size: 8
Founder: Keith and Clara Starkey
Ruling year: 1981
Tax deductible: Yes
Fiscal year end: 12/31
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.
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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
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 849 of 1106 | 110 of 144 |
| Fund acquisition rating | | 560 of 1107 | 76 of 144 |
| Resource allocation rating | | 623 of 1107 | 76 of 144 |
| Asset utilization rating | | 994 of 1106 | 131 of 144 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 6% | 12% | 9% | 8% | 19% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 5% | 10% | 8% | 7% | 15% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 84% | 86% | 89% | 91% | 78% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 9% | 13% | 8% | 8% | 16% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 16% | 14% | 11% | 9% | 22% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 84% | 82% | 88% | 88% | 75% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 57% | 82% | 99% | 89% | 91% |
Program output ratio Program output ratio = Program services / Total revenue | 82% | 48% | 67% | 87% | 79% | 68% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 43% | 18% | 1% | 11% | 9% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 27% | 12% | 1% | 12% | 4% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 8% | 8% | 6% | 4% | 4% | 9% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.33 | 0.35 | 0.53 | 0.99 | 1.02 | 0.45 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.23 | 1.50 | 1.40 | 1.53 | 1.57 | 1.69 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.02 | 0.53 | 0.74 | 1.51 | 1.59 | 0.76 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 19.87 | 47.82 | 43.15 | 42.60 | 33.20 | 31.28 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.62 | 22.31 | 15.89 | 7.74 | 7.30 | 15.34 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 2% | 2% | 2% | 2% | 4% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 2% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 67% | 280% | 186% | 99% | 96% | 214% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $1,902,702 | $1,138,601 | $678,867 | $694,283 | $615,708 |
| Receivables, inventories, prepaids | $273,168 | $204,561 | $80,133 | $57,312 | $58,302 |
| Short-term investments | $1,415,097 | $1,662,022 | $1,364,639 | $1,236,414 | $975,578 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,590,967 | $3,005,184 | $2,123,639 | $1,988,009 | $1,649,588 |
| Long-term investments | $0 | $0 | $0 | $0 | $32,073 |
| Fixed assets | $1,794,002 | $1,178,040 | $1,129,969 | $1,127,405 | $1,111,715 |
| Other long-term assets | $0 | $29,827 | $0 | $40 | $0 |
| Total long-term assets | $1,794,002 | $1,207,867 | $1,129,969 | $1,127,445 | $1,143,788 |
| Total assets | $5,384,969 | $4,213,051 | $3,253,608 | $3,115,454 | $2,793,376 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $75,100 | $69,645 | $49,854 | $59,873 | $45,759 |
| Other current liabilities | $0 | $0 | $0 | $0 | $6,979 |
| Total current liabilities | $75,100 | $69,645 | $49,854 | $59,873 | $52,738 |
| Debt | $0 | $0 | $0 | $0 | $65,000 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $8,742 | $13,174 | $9,383 | $8,651 | $5,748 |
| Total long-term liabilities | $8,742 | $13,174 | $9,383 | $8,651 | $70,748 |
| Total liabilities | $83,842 | $82,819 | $59,237 | $68,524 | $123,486 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $4,086,114 | $3,161,614 | $2,190,326 | $1,610,165 | $1,482,193 |
| With donor restrictions | $1,215,013 | $968,618 | $1,004,045 | $1,436,765 | $1,187,697 |
| Net assets | $5,301,127 | $4,130,232 | $3,194,371 | $3,046,930 | $2,669,890 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $2,782,047 | $2,312,556 | $2,882,509 | $3,213,403 | $1,063,744 |
| Program service revenue | $429,226 | $318,772 | $293,665 | $286,214 | $277,581 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $111,176 | $25,184 | $27,910 | $35,474 | $33,042 |
| Other revenue | $0 | $38,325 | $47,526 | $11,426 | ($5,807) |
| Total other revenue | $540,402 | $382,281 | $369,101 | $333,114 | $304,816 |
| Total revenue | $3,322,449 | $2,694,837 | $3,251,610 | $3,546,517 | $1,368,560 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $1,587,479 | $1,811,917 | $2,817,041 | $2,795,380 | $934,959 |
| Management and general | $142,477 | $127,818 | $127,404 | $120,121 | $111,511 |
| Fundraising | $160,804 | $277,534 | $271,409 | $252,703 | $202,857 |
| Total expenses | $1,890,760 | $2,217,269 | $3,215,854 | $3,168,204 | $1,249,327 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $1,431,689 | $477,568 | $35,756 | $378,313 | $119,233 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,431,689 | $477,568 | $35,756 | $378,313 | $119,233 |
Compensation
| Name | Title | Compensation |
| Allen Speer | CEO | $94,878 |
Compensation data as of: 12/31/2022
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 5/25/2023. To update the information below, please email: [email protected]
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
300 mission partners served in 2022
63 flights in 2022
100 Tons of Cargo, Mail, and emergency supplies delivered in 2022