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

CategoryRatingOverall rankSector rank
Overall efficiency rating914 of 94049 of 51
Fund acquisition rating928 of 94250 of 51
Resource allocation rating914 of 94250 of 51
Asset utilization rating631 of 94029 of 51

Financial ratios

Funding ratiosSector median20202019201820162015
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 ratiosSector median20202019201820162015
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 ratiosSector median20202019201820162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.251.362.082.212.190.64
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.283.935.033.014.5111.66
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.975.3310.456.659.887.48
 
Liquidity ratiosSector median20202019201820162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
24.3312.989.567.032.620.58
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.030.080.100.140.381.72
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.682.081.031.550.75-1.16
 
Solvency ratiosSector median20202019201820162015
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
 
Assets20202019201820162015
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
 
Liabilities20202019201820162015
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 assets20202019201820162015
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
 
Revenue20202019201820162015
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
 
Expenses20202019201820162015
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 assets20202019201820162015
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

NameTitleCompensation
John KeyExecutive 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.


Needs