CSI Ministries, Inc.

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

CategoryRatingOverall rankSector rank
Overall efficiency rating619 of 76731 of 45
Fund acquisition rating735 of 76843 of 45
Resource allocation rating713 of 76841 of 45
Asset utilization rating121 of 7679 of 45

Financial ratios

Funding ratiosSector median20192018201620152014
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 ratiosSector median20192018201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%70%81%90%84%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%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
3%-1%-2%-103%-5%-13%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%-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 ratiosSector median20192018201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.332.082.212.190.640.53
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.305.033.014.5111.6615.90
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.1810.456.659.887.488.50
 
Liquidity ratiosSector median20192018201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
18.289.567.032.620.584.78
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.100.140.381.720.21
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.131.031.550.75-1.161.12
 
Solvency ratiosSector median20192018201620152014
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
72%47%43%33%133%159%

Financials

Balance sheet
 
Assets20192018201620152014
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
 
Liabilities20192018201620152014
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 assets20192018201620152014
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
 
Revenue20192018201620152014
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
 
Expenses20192018201620152014
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 assets20192018201620152014
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

NameTitleCompensation
John KeyExecutive Di$36,050

Compensation data as of: 12/31/2018


Response from ministry

No response has been provided by this ministry.


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.