Reciprocal Ministries International, Inc. / RMI

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 5/19/2021. To update the information in this column, please email: info@ministrywatch.com


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.rmibridge.org

Phone: (239) 368-8390

Email: info@rmibridge.org


Organization details

EIN: 650062156

CEO/President: Mr. Dan Shoemaker

Chairman: Bartow McDonald

Board size: 8

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

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating160 of 9139 of 51
Fund acquisition rating308 of 91518 of 51
Resource allocation rating197 of 91512 of 51
Asset utilization rating318 of 91317 of 51

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%3%3%3%3%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%3%3%3%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%100%100%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%4%3%3%3%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%0%0%0%0%0%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%90%90%91%89%90%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%92%98%94%84%95%
Program output ratio Program output ratio =
Program services /
Total revenue
78%82%89%86%74%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%8%2%6%16%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%17%4%14%39%16%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%6%6%6%8%7%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.211.792.182.292.002.89
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.021.021.031.021.03
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.981.832.242.362.032.99
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
19.99125.2576.8468.4697.8120.11
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.040.010.010.010.010.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.686.525.305.015.843.82
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
5%1%1%1%1%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
78%56%45%43%50%33%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$1,122,940$1,315,574$1,259,224$1,091,033$681,546
Receivables, inventories, prepaids$0$4,000$5,900$10,100$14,352
Short-term investments$396,217$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,519,157$1,319,574$1,265,124$1,101,133$695,898
Long-term investments$0$0$0$0$0
Fixed assets$28,142$30,810$37,306$19,026$21,840
Other long-term assets$5,800$1,200$1,200$1,200$1,200
Total long-term assets$33,942$32,010$38,506$20,226$23,040
Total assets$1,553,099$1,351,584$1,303,630$1,121,359$718,938
 
Liabilities20192018201720162015
Payables and accrued expenses$12,129$17,174$18,480$11,258$34,604
Other current liabilities$0$0$0$0$0
Total current liabilities$12,129$17,174$18,480$11,258$34,604
Debt$0$0$750$1,954$2,975
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$750$1,954$2,975
Total liabilities$12,129$17,174$19,230$13,212$37,579
 
Net assets20192018201720162015
Without donor restrictions$0$841,306$624,089$573,484$318,955
With donor restrictions$0$493,104$660,311$534,663$362,404
Net assets$1,540,970$1,334,410$1,284,400$1,108,147$681,359
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$3,026,683$3,000,717$3,158,762$2,664,496$2,188,919
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$4,404$588$590$445$0
Other revenue$0$0$0$0$0
Total other revenue$4,404$588$590$445$0
Total revenue$3,031,087$3,001,305$3,159,352$2,664,941$2,188,919
 
Expenses20192018201720162015
Program services$2,494,123$2,667,063$2,705,610$1,985,155$1,873,584
Management and general$174,789$182,741$188,245$178,719$141,607
Fundraising$105,717$101,491$89,244$74,279$64,748
Total expenses$2,774,629$2,951,295$2,983,099$2,238,153$2,079,939
 
Change in net assets20192018201720162015
Surplus (deficit)$256,458$50,010$176,253$426,788$108,980
Other changes in net assets$0$0$0$0$0
Total change in net assets$256,458$50,010$176,253$426,788$108,980

Compensation

NameTitleCompensation
Daniel ShoemakerDir, Preside$95,979
Kim RoseVice Preside$77,370
Herbert ShoemakerDirector$10,438

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 5/19/2021. To update the information below, please email: info@ministrywatch.com


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