Reciprocal Ministries International, Inc. / RMI

Summary

Reciprocal Ministries International, Inc. ("RMI") is a ministry dedicated to spreading the Gospel of Jesus Christ through establishing, developing and promoting all aspects of church ministry and missionary activity in the Third World. RMI is the layperson's mission. Its Sister Church Program links churches cross-culturally and helps build relationships that are reciprocal, intimate, in-depth, ongoing, practical, and spiritual. Facilitated by the ministry's cross-cultural staff and a many faceted ten week training program on cassette, an ongoing relationship develops between a US church and a third world church that is: In depth, Intimate, Practical and Reciprocal. RMI provides short term/career missionaries, work teams, ministry teams and sister church relationships. The ministry desires to have churches and individuals make themselves and their funds available to help the needy of the world. 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:
5475 Lee Street
Suite 301
Lehigh Acres, FL 33971-3971

Website: www.rminet.org

Phone: (239) 368-8390

Email: rmioffice.florida@rminet.org


Organization details

EIN: 650062156

CEO/President: Mr. Dan Shoemaker

Chairman: Mr. Larry Smith

Board size: 6

Founder: Mr. Herbert Shoemaker

Year founded: 1990

Tax deductible: Yes

Fiscal year end: 04/30

Member of ECFA: Yes

Member of ECFA since: 1991


Purpose

Reciprocal Ministries International, Inc. ("RMI") is a ministry dedicated to spreading the Gospel of Jesus Christ through establishing, developing and promoting all aspects of church ministry and missionary activity in the Third World. RMI is the layperson's mission. Its Sister Church Program links churches cross-culturally and helps build relationships that are reciprocal, intimate, in-depth, ongoing, practical, and spiritual. Facilitated by the ministry's cross-cultural staff and a many faceted ten week training program on cassette, an ongoing relationship develops between a US church and a third world church that is: In depth, Intimate, Practical and Reciprocal. RMI provides short term/career missionaries, work teams, ministry teams and sister church relationships. The ministry desires to have churches and individuals make themselves and their funds available to help the needy of the world.

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

Reciprocal Ministries International, Inc.'s Mission Statement is:

Dedicated to spreading the Gospel of Jesus Christ through establishing, developing and promoting all aspects of church ministry and missionary activity in the Third World


Statement of faith

Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating72 of 4308 of 44
Fund acquisition rating95 of 43015 of 44
Resource allocation rating97 of 43012 of 44
Asset utilization rating146 of 43014 of 44

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20162015201420132012
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%3%3%4%3%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%3%3%4%3%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%100%100%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%3%3%4%3%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%0%0%0%0%0%
 
Operating ratiosMedian % for
all ministries in
MW database
20162015201420132012
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%89%90%90%89%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%84%95%95%102%93%
Program output ratio Program output ratio =
Program services /
Total revenue
81%74%86%85%91%78%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%16%5%5%-2%7%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%39%16%10%-8%21%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%8%7%7%8%12%
 
Investing ratiosMedian measure
for all ministries
in MW database
20162015201420132012
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.322.002.891.923.152.57
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.531.021.031.021.041.03
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.532.032.991.963.262.65
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20162015201420132012
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.0997.8120.1117.727.797.36
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.010.050.060.130.14
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.075.843.825.793.213.91
 
Solvency ratiosMedian % for
all ministries in
MW database
20162015201420132012
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%1%5%6%13%14%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%1%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%50%33%49%28%33%

Financials

Balance sheet
 
Assets20162015201420132012
Cash$1,091,033$681,546$898,492$531,890$588,251
Receivables, inventories, prepaids$10,100$14,352$10,413$588$588
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,101,133$695,898$908,905$532,478$588,839
Long-term investments$0$0$0$0$0
Fixed assets$19,026$21,840$13,557$17,888$16,860
Other long-term assets$1,200$1,200$1,200$1,200$1,200
Total long-term assets$20,226$23,040$14,757$19,088$18,060
Total assets$1,121,359$718,938$923,662$551,566$606,899
 
Liabilities20162015201420132012
Payables and accrued expenses$11,258$34,604$51,283$68,335$80,036
Other current liabilities$0$0$0$0$0
Total current liabilities$11,258$34,604$51,283$68,335$80,036
Debt$1,954$2,975$0$1,159$5,654
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$1,954$2,975$0$1,159$5,654
Total liabilities$13,212$37,579$51,283$69,494$85,690
 
Net assets20162015201420132012
Unrestricted$573,484$318,955$213,868$278,857$211,161
Temporarily restricted$533,763$361,504$357,611$202,315$309,148
Permanently restricted$900$900$900$900$900
Net assets$1,108,147$681,359$872,379$482,072$521,209
 
Revenues and expenses
 
Revenue20162015201420132012
Total contributions$2,664,496$2,188,919$1,867,961$1,697,569$1,669,910
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$445$0$9$41$143
Other revenue$0$0$0$0$0
Total other revenue$445$0$9$41$143
Total revenue$2,664,941$2,188,919$1,867,970$1,697,610$1,670,053
 
Expenses20162015201420132012
Program services$1,985,155$1,873,584$1,591,820$1,552,790$1,306,610
Management and general$178,719$141,607$116,591$130,920$190,405
Fundraising$74,279$64,748$69,252$53,037$64,236
Total expenses$2,238,153$2,079,939$1,777,663$1,736,747$1,561,251
 
Change in net assets20162015201420132012
Surplus (deficit)$426,788$108,980$90,307($39,137)$108,802
Other changes in net assets$0$0$0$0$0
Total change in net assets$426,788$108,980$90,307($39,137)$108,802

Response from ministry

No response has been provided by this ministry.


History

    RMI uses the following to express its history:

    Throughout the early years of missionary service, among many other ministries on the Haiti field, Herb and Shirley Shoemaker were asked to host youth and adult church teams to Haiti. The immediate results were most gratifying as God worked in both the U.S. church team and in the members of the national church.

    The national church was encouraged and their ministry enhanced through the ministry of the U.S. team. The U.S. team went home highly motivated and deeply moved by the interaction with God's people.

    However, the ultimate results were less than satisfying:
  • There was no prior training to prepare the groups for a profitable cross-cultural experience;
  • Therefore, needs of the whole of Haiti weighed heavily on the visiting groups and they often became overwhelmed;
  • There was no follow up action taken to meet the needs. Promises were made with good intentions, but were most often not carried out;
  • The teams were not able to bring the U.S. church into a meaningful involvement.

    They felt that there was the need for a church to church relationship that would not be so overwhelming as trying to deal with the needs of the entire country of Haiti ! This would also present the possibility of a more personal, in-depth, ongoing relationship. They began to seek God's mind. During that time, Herb was studying Ephesians 3, which speaks of God's eternal purpose: the bringing together of His people from amongst the Jews and Gentiles, as members in the universal Body of Christ. The purpose of this, as explained in verse 11 of this same chapter, was to show forth the wisdom of God to people on earth and to the heavenly beings. They were encouraged through these thoughts from scripture, to develop a program that would continue to bring God's people together, cross-culturally - RMI's Sister Church Program !

Program accomplishments


Needs