Carl Richardson Ministries, Inc.

Summary

Carl Richardson Ministries, Inc. ("CARM") is an international organization of evangelist Carl Richardson. CARM is heard daily around the world in 179 nations and the 50 United States through the internationally acclaimed "Oasis" radio broadcast. He has directed the international radio and television ministry of the Church of God for over twelve years. Rev. Richardson is perennially an elected member or his denomination's most prestigious deliberative body, the General Executive Council of the Church of God. His interpretive readings of The New Testament, "The Psalms and Proverbs", and "The Words of Jesus" continue to be bestsellers in bookstores across America and in many nations. He has authored 12 books, more than 100 booklets and numerous teaching tape albums. Richardson has conducted crusades in Moscow, Beijing, Seoul, Manila, Hanoi, Viet Nam and Havana. He and his wife, Beverly, have worked together with their ministry staff from their International Ministry Center located in Brandon, Florida in the Tampa Bay area for the last twelve years. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law.


Contact information

Mailing address:
PO Box 750
Brandon, FL 33509-3509

Website: www.beyondborders.com

Phone: (813) 661-2777

Email: njohnson@beyondborders.com


Organization details

EIN: 592471263

CEO/President: Mr. Carl Richardson

Chairman: Mr. Carl Richardson

Board size: 3

Founder: Mr. Carl Richardson

Year founded: 1985

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Carl Richardson Ministries, Inc. ("CARM") is an international organization of evangelist Carl Richardson. CARM is heard daily around the world in 179 nations and the 50 United States through the internationally acclaimed "Oasis" radio broadcast. He has directed the international radio and television ministry of the Church of God for over twelve years. Rev. Richardson is perennially an elected member or his denomination's most prestigious deliberative body, the General Executive Council of the Church of God. His interpretive readings of The New Testament, "The Psalms and Proverbs", and "The Words of Jesus" continue to be bestsellers in bookstores across America and in many nations. He has authored 12 books, more than 100 booklets and numerous teaching tape albums. Richardson has conducted crusades in Moscow, Beijing, Seoul, Manila, Hanoi, Viet Nam and Havana. He and his wife, Beverly, have worked together with their ministry staff from their International Ministry Center located in Brandon, Florida in the Tampa Bay area for the last twelve years. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law.


Mission statement


Statement of faith

Financial efficiency ratings

Sector: Educational Media

This ministry has not been rated.


Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
2008
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%0%
 
Operating ratiosMedian % for
all ministries in
MW database
2008
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%92%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%102%
Program output ratio Program output ratio =
Program services /
Total revenue
81%94%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-144%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%8%
 
Investing ratiosMedian measure
for all ministries
in MW database
2008
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.301.11
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.546.58
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.547.32
 
Liquidity ratiosMedian measure
for all ministries
in MW database
2008
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.960.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.071.64
 
Solvency ratiosMedian % for
all ministries in
MW database
2008
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%99%
Debt ratio Debt ratio =
Debt /
Total assets
0%99%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%1%

Financials

Balance sheet
 
Assets2008
Cash$6,231
Receivables, inventories, prepaids$40,000
Short-term investments$0
Other current assets$0
Total current assets$46,231
Long-term investments$0
Fixed assets$250,092
Other long-term assets$7,967
Total long-term assets$258,059
Total assets$304,290
 
Liabilities2008
Payables and accrued expenses$0
Other current liabilities$0
Total current liabilities$0
Debt$300,279
Due to (from) affiliates$0
Other long-term liabilities$0
Total long-term liabilities$300,279
Total liabilities$300,279
 
Net assets2008
Unrestricted$4,011
Temporarily restricted$0
Permanently restricted$0
Net assets$4,011
 
Revenues and expenses
 
Revenue2008
Total contributions$332,459
Program service revenue$0
Membership dues$0
Investment income$20
Other revenue$0
Total other revenue$20
Total revenue$332,479
 
Expenses2008
Program services$310,870
Management and general$27,398
Fundraising$0
Total expenses$338,268
 
Change in net assets2008
Surplus (deficit)($5,789)
Other changes in net assets$0
Total change in net assets($5,789)

Response from ministry

No response has been provided by this ministry.


History


Program accomplishments

Carl Richardson has spoken to over 40,000 in the New Orleans Superdome, the Indiana RCA Hoosierdome, and Anaheim, California Convention Center. In 1986, he was the featured speaker to a trans-denominational open-air gathering in Pietersburg, South Africa to more than three million people, said to be the largest gathering in the history of Christianity.

Richardson's itinerary of conducting major church-planting crusades in world-class cities includes some of the globe's "hot-spots"; Moscow, Russia; Beijing, China; Seoul, Korea; Manila, Philippines; Hanoi, Viet Nam and Havana, Cuba. His previous crusades in South Africa and India have attracted 40,000 people per night.

In the year 1999 , Rev. Richardson was engaged in his most aggressive campaign ever, the Evangelism Beyond Borders "MILLION SOUL CRUSADE". Thank God there were a million plus souls won to God and still counting.

Through his key-leader networking partners in many nations, Rev. Richardson was successful in his crusade of faith to help win AND disciple a million souls by January 1, the year 2000. His focus was on those Final Frontiers of evangelism where more than 3 billion souls...one-half of the world's population, exists in poverty and despair. There is no time to waste in this new millennium. A million is not enough.

In Russia and the nations of the former Soviet Union, inside mainland China, and the nations of Islam, a practical strategy of planting 1,000 life-giving cell churches will put into effect the New Testament pattern of evangelism and discipleship. Individuals are being ministered to daily with inner-city churches and home-mission programs in the United States, and schools, medical centers, daycares and orphanages, and Bibles being translated into native languages around the globe.


Needs