CSI Ministries, Inc. 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 10/9/2019. To update the information in this column, please email: info@ministrywatch.com
Summary
CSI Ministries, Inc. ("CSI") organizes groups to assist missionaries and other religious organizations with the construction and repair of missionaries' physical facilities. CSI ministers to the soul through evangelism, Vacation Bible Schools, music, and building churches; to the mind by building schools, providing school desks, books, school supplies, and other equipment; to the body through medical and dental teams and as a channel through which thousands of dollars in medicines, medical supplies, and equipment are sent to hospitals, clinics, and doctors. CSI organizes work projects, music concerts, Vacation Bible Schools, and medical/dental teams. CSI operates both overseas and at home, upon the request of mission agencies, national churches, and other organizations needing assistance. CSI organizes travel to the mission field for teams and provides all equipment, materials, housing, and transportation. CSI channels materials and funds from donors to churches, schools, hospitals, and other needs overseas and at home. CSI provides missionary speakers for churches and conducts mission conferences. CSI is an Indiana based interdenominational Christian service organization. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).
Contact information
Mailing address:
840 Daniel Dr.
Kokomo, IN 46901
Website: www.csiministries.net
Phone: (800) 286-5773
Email: csi@csiministries.net
Organization details
EIN: 616043037
CEO/President: Mr. John Key
Chairman: Mr. Ted Merrell
Board size: 11
Founder:
Year founded: 1966
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 1997
Purpose
CSI Ministries, Inc. ("CSI") organizes groups to assist missionaries and other religious organizations with the construction and repair of missionaries' physical facilities. CSI ministers to the soul through evangelism, Vacation Bible Schools, music, and building churches; to the mind by building schools, providing school desks, books, school supplies, and other equipment; to the body through medical and dental teams and as a channel through which thousands of dollars in medicines, medical supplies, and equipment are sent to hospitals, clinics, and doctors.
CSI organizes work projects, music concerts, personal evangelism programs, Vacation Bible Schools, and medical/dental teams. CSI operates both overseas and at home, upon the request of mission agencies, national churches, and other organizations needing assistance. CSI organizes travel to the mission field for teams and provides all equipment, materials, housing, and transportation. CSI channels materials and funds from donors to churches, schools, hospitals, and other needs overseas and at home. CSI provides missionary speakers for churches and conducts mission conferences.
CSI is an Indiana based interdenominational Christian service organization. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).
Mission statement
CSI Ministries, Inc. uses the following to communicate its mission:
"Bringing People Closer to Christ Through Short Term Missions" Some "Investigate Missions" with us.
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 | | 673 of 844 | 34 of 48 |
| Fund acquisition rating | | 812 of 844 | 46 of 48 |
| Resource allocation rating | | 790 of 844 | 45 of 48 |
| Asset utilization rating | | 131 of 844 | 8 of 48 |
Financial ratios
| Funding ratios | Sector median | 2019 | 2018 | 2016 | 2015 | 2014 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 14% | 8% | 6% | 5% | 8% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 14% | 8% | 6% | 5% | 8% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 97% | 99% | 96% | 98% | 98% | 97% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 14% | 8% | 3% | 5% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 3% | 1% | 4% | 2% | 2% | 3% |
| Operating ratios | Sector median | 2019 | 2018 | 2016 | 2015 | 2014 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 70% | 81% | 90% | 84% | 80% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 101% | 102% | 203% | 105% | 113% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 71% | 83% | 184% | 89% | 90% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | -1% | -2% | -103% | -5% | -13% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | -3% | -5% | -154% | -4% | -7% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 16% | 11% | 7% | 11% | 13% |
| Investing ratios | Sector median | 2019 | 2018 | 2016 | 2015 | 2014 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.34 | 2.08 | 2.21 | 2.19 | 0.64 | 0.53 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.28 | 5.03 | 3.01 | 4.51 | 11.66 | 15.90 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.17 | 10.45 | 6.65 | 9.88 | 7.48 | 8.50 |
| Liquidity ratios | Sector median | 2019 | 2018 | 2016 | 2015 | 2014 |
Current ratio Current ratio = Total current assets / Total current liabilities | 19.99 | 9.56 | 7.03 | 2.62 | 0.58 | 4.78 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.04 | 0.10 | 0.14 | 0.38 | 1.72 | 0.21 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.13 | 1.03 | 1.55 | 0.75 | -1.16 | 1.12 |
| Solvency ratios | Sector median | 2019 | 2018 | 2016 | 2015 | 2014 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 5% | 2% | 5% | 28% | 15% | 15% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 19% | 0% | 14% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 69% | 47% | 43% | 33% | 133% | 159% |
Financials
| Balance sheet | |||||
| Assets | 2019 | 2018 | 2016 | 2015 | 2014 |
| Cash | $97,534 | $173,820 | $170,049 | $139,302 | $109,033 |
| Receivables, inventories, prepaids | $1,338 | $1,338 | $5,338 | $6,838 | $2,688 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $98,872 | $175,158 | $175,387 | $146,140 | $111,721 |
| Long-term investments | $0 | $0 | $12,012 | $13,702 | $51,904 |
| Fixed assets | $398,726 | $351,832 | $603,494 | $1,544,742 | $1,612,948 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $398,726 | $351,832 | $615,506 | $1,558,444 | $1,664,852 |
| Total assets | $497,598 | $526,990 | $790,893 | $1,704,584 | $1,776,573 |
| Liabilities | 2019 | 2018 | 2016 | 2015 | 2014 |
| Payables and accrued expenses | $10,342 | $24,907 | $61,676 | $41,442 | $23,367 |
| Other current liabilities | $0 | $0 | $5,390 | $210,000 | $0 |
| Total current liabilities | $10,342 | $24,907 | $67,066 | $251,442 | $23,367 |
| Debt | $0 | $0 | $151,483 | $0 | $245,000 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $151,483 | $0 | $245,000 |
| Total liabilities | $10,342 | $24,907 | $218,549 | $251,442 | $268,367 |
| Net assets | 2019 | 2018 | 2016 | 2015 | 2014 |
| Unrestricted | $284,394 | $409,819 | $526,606 | $1,222,675 | $1,337,398 |
| Temporarily restricted | $202,862 | $92,264 | $45,738 | $230,467 | $170,808 |
| Permanently restricted | $0 | $0 | $0 | $0 | $0 |
| Net assets | $487,256 | $502,083 | $572,344 | $1,453,142 | $1,508,206 |
| Revenues and expenses | |||||
| Revenue | 2019 | 2018 | 2016 | 2015 | 2014 |
| Total contributions | $1,008,571 | $1,094,096 | $831,970 | $1,022,190 | $815,500 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $0 | $761 | $420 | $4,808 | $5,790 |
| Other revenue | $10,142 | $44,574 | $20,327 | $11,140 | $17,254 |
| Total other revenue | $10,142 | $45,335 | $20,747 | $15,948 | $23,044 |
| Total revenue | $1,018,713 | $1,139,431 | $852,717 | $1,038,138 | $838,544 |
| Expenses | 2019 | 2018 | 2016 | 2015 | 2014 |
| Program services | $720,639 | $945,954 | $1,568,220 | $921,149 | $756,939 |
| Management and general | $167,219 | $128,770 | $114,872 | $116,700 | $126,803 |
| Fundraising | $145,682 | $90,381 | $50,423 | $55,353 | $66,435 |
| Total expenses | $1,033,540 | $1,165,105 | $1,733,515 | $1,093,202 | $950,177 |
| Change in net assets | 2019 | 2018 | 2016 | 2015 | 2014 |
| Surplus (deficit) | ($14,827) | ($25,674) | ($880,798) | ($55,064) | ($111,633) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($14,827) | ($25,674) | ($880,798) | ($55,064) | ($111,633) |
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 10/9/2019. 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.
Needs
Groups of individuals willing to grow closer to Christ through serving on short term mission trips. Call 800-286-5773 to book your trip.