CSI Ministries, Inc. 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 5/11/2021. To update the information in this column, please email: info@ministrywatch.com
Summary
CSI Ministries is a short-term mission organization serving in Jamaica, Belize, the United States and beyond. We want to see people empowered in their humanity and we do that through our numerous projects including building homes, providing emergency relief for those impacted by natural disasters and systemic neglect. As a result, seeing new spiritual life begins with people hearing about their need for Jesus Christ as their Savior.
Contact information
Mailing address:
CSI Ministries, Inc.
840 Daniel Dr.
Kokomo, IN 46901
Website: www.csiministries.net
Phone: (800) 286-5773
Email: csi@csiministries.net
Organization details
EIN: 616043037
CEO/President: John Key
Chairman: Bill Lovelance
Board size: 14
Founder:
Year founded: 1967
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 1997
Purpose
We deliver experiences for team members to share Christ's love with those they encounter. We encourage discipleship through opportunities for team members as they prepare, engage and debrief the mission experience. We serve to help local churches grow increasing their impact in their home communities and beyond. In the communities where we serve, we strive to share the redeeming Gospel of Jesus Christ and help meet basic needs for our brothers and sisters in Christ.
Mission statement
CSI Ministries, Inc. uses the following to communicate its mission:
"Bringing People Closer to Christ Through Short Term Missions"
Statement of faith
CSI Ministries uses the following to communicate its faith:
We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
We believe there is only one God, eternally existent in three persons - Father, Son and Holy Spirit.
We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.
We believe that for the salvation of lost sinful man regeneration by the Holy Spirit is absolutely essential.
We believe in the present ministry of the Holy Spirit by whose indwelling the Christian in enabled to live a godly life.
We believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life, and they that are lost unto the resurrection of damnation.
We believe that the Church is the body of Christ, that all who are united by faith to Christ are members of the same, and that, having thus become members one of another, it is our solemn and covenant duty to fellowship with one another in peace, and to love one another with pure and fervent hearts.
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Evangelism Support
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 914 of 940 | 49 of 51 |
| Fund acquisition rating | | 928 of 942 | 50 of 51 |
| Resource allocation rating | | 914 of 942 | 50 of 51 |
| Asset utilization rating | | 631 of 940 | 29 of 51 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2016 | 2015 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 20% | 14% | 8% | 6% | 5% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 19% | 14% | 8% | 6% | 5% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 93% | 99% | 96% | 98% | 98% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 18% | 14% | 8% | 3% | 5% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 7% | 1% | 4% | 2% | 2% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2016 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 63% | 70% | 81% | 90% | 84% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 105% | 101% | 102% | 203% | 105% |
Program output ratio Program output ratio = Program services / Total revenue | 78% | 66% | 71% | 83% | 184% | 89% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | -5% | -1% | -2% | -103% | -5% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | -7% | -3% | -5% | -154% | -4% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 20% | 16% | 11% | 7% | 11% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.25 | 1.36 | 2.08 | 2.21 | 2.19 | 0.64 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.28 | 3.93 | 5.03 | 3.01 | 4.51 | 11.66 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.97 | 5.33 | 10.45 | 6.65 | 9.88 | 7.48 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 24.33 | 12.98 | 9.56 | 7.03 | 2.62 | 0.58 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.03 | 0.08 | 0.10 | 0.14 | 0.38 | 1.72 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.68 | 2.08 | 1.03 | 1.55 | 0.75 | -1.16 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2016 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 4% | 2% | 2% | 5% | 28% | 15% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 19% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 73% | 72% | 47% | 43% | 33% | 133% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2016 | 2015 |
| Cash | $79,363 | $97,534 | $173,820 | $170,049 | $139,302 |
| Receivables, inventories, prepaids | $38,838 | $1,338 | $1,338 | $5,338 | $6,838 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $118,201 | $98,872 | $175,158 | $175,387 | $146,140 |
| Long-term investments | $0 | $0 | $0 | $12,012 | $13,702 |
| Fixed assets | $346,505 | $398,726 | $351,832 | $603,494 | $1,544,742 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $346,505 | $398,726 | $351,832 | $615,506 | $1,558,444 |
| Total assets | $464,706 | $497,598 | $526,990 | $790,893 | $1,704,584 |
| Liabilities | 2020 | 2019 | 2018 | 2016 | 2015 |
| Payables and accrued expenses | $9,108 | $10,342 | $24,907 | $61,676 | $41,442 |
| Other current liabilities | $0 | $0 | $0 | $5,390 | $210,000 |
| Total current liabilities | $9,108 | $10,342 | $24,907 | $67,066 | $251,442 |
| Debt | $0 | $0 | $0 | $151,483 | $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 | $151,483 | $0 |
| Total liabilities | $9,108 | $10,342 | $24,907 | $218,549 | $251,442 |
| Net assets | 2020 | 2019 | 2018 | 2016 | 2015 |
| Without donor restrictions | $260,792 | $284,394 | $409,819 | $526,606 | $1,222,675 |
| With donor restrictions | $194,806 | $202,862 | $92,264 | $45,738 | $230,467 |
| Net assets | $455,598 | $487,256 | $502,083 | $572,344 | $1,453,142 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2016 | 2015 |
| Total contributions | $558,791 | $1,008,571 | $1,094,096 | $831,970 | $1,022,190 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $761 | $420 | $4,808 |
| Other revenue | $39,548 | $10,142 | $44,574 | $20,327 | $11,140 |
| Total other revenue | $39,548 | $10,142 | $45,335 | $20,747 | $15,948 |
| Total revenue | $598,339 | $1,018,713 | $1,139,431 | $852,717 | $1,038,138 |
| Expenses | 2020 | 2019 | 2018 | 2016 | 2015 |
| Program services | $395,151 | $720,639 | $945,954 | $1,568,220 | $921,149 |
| Management and general | $123,072 | $167,219 | $128,770 | $114,872 | $116,700 |
| Fundraising | $111,774 | $145,682 | $90,381 | $50,423 | $55,353 |
| Total expenses | $629,997 | $1,033,540 | $1,165,105 | $1,733,515 | $1,093,202 |
| Change in net assets | 2020 | 2019 | 2018 | 2016 | 2015 |
| Surplus (deficit) | ($31,658) | ($14,827) | ($25,674) | ($880,798) | ($55,064) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($31,658) | ($14,827) | ($25,674) | ($880,798) | ($55,064) |
Compensation
| Name | Title | Compensation |
| John Key | Executive Di | $36,006 |
Compensation data as of: 12/31/2019
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 5/11/2021. To update the information below, please email: info@ministrywatch.com
History
CSI Ministries is the product of a vision received by an evangelist in 1963. This missionary promoted missions by showing people first-hand what God was doing to get His Word to a lost world. In 1978 the entire ministry of CSI was turned over to Eddy Cline, and the International Headquarters was moved to Muncie, IN, where he and his wife Shirley operated the ministry out of their home. By 1987 the ministry had grown significantly, and CSI purchased a new office building.
Program accomplishments
Since 1967 we have shared the redeeming Gospel of Jesus Christ with more than 20,000 people in the United States through mission trips and reached thousands more in at least 15 countries around the world. Through these short-term opportunities we deliver experiences for teams to share Christ's love with those they encounter and create opportunities to encourage discipleship among team members. In the communities we serve, short-term teams engage activities that help meet the basic needs for our brothers and sisters in Christ.