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.rmibridge.org
Phone: (239) 368-8390
Email: info@rmibridge.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
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Evangelism Support
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | ![]() ![]() ![]() ![]() | 106 of 725 | 6 of 44 |
Fund acquisition rating | ![]() ![]() ![]() ![]() | 215 of 726 | 12 of 44 |
Resource allocation rating | ![]() ![]() ![]() ![]() | 158 of 726 | 8 of 44 |
Asset utilization rating | ![]() ![]() ![]() ![]() | 216 of 725 | 11 of 44 |
Financial ratios
Funding ratios | Sector median | 2018 | 2017 | 2016 | 2015 | 2014 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 3% | 3% | 3% | 3% | 4% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 3% | 3% | 3% | 3% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 96% | 100% | 100% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 3% | 3% | 3% | 3% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 4% | 0% | 0% | 0% | 0% | 0% |
Operating ratios | Sector median | 2018 | 2017 | 2016 | 2015 | 2014 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 90% | 91% | 89% | 90% | 90% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 98% | 94% | 84% | 95% | 95% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 89% | 86% | 74% | 86% | 85% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | 2% | 6% | 16% | 5% | 5% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | 4% | 14% | 39% | 16% | 10% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 6% | 6% | 8% | 7% | 7% |
Investing ratios | Sector median | 2018 | 2017 | 2016 | 2015 | 2014 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.30 | 2.18 | 2.29 | 2.00 | 2.89 | 1.92 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.29 | 1.02 | 1.03 | 1.02 | 1.03 | 1.02 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.16 | 2.24 | 2.36 | 2.03 | 2.99 | 1.96 |
Liquidity ratios | Sector median | 2018 | 2017 | 2016 | 2015 | 2014 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.96 | 76.84 | 68.46 | 97.81 | 20.11 | 17.72 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.01 | 0.01 | 0.01 | 0.05 | 0.06 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.15 | 5.30 | 5.01 | 5.84 | 3.82 | 5.79 |
Solvency ratios | Sector median | 2018 | 2017 | 2016 | 2015 | 2014 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 5% | 1% | 1% | 1% | 5% | 6% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 73% | 45% | 43% | 50% | 33% | 49% |
Financials
Balance sheet | |||||
Assets | 2018 | 2017 | 2016 | 2015 | 2014 |
Cash | $1,315,574 | $1,259,224 | $1,091,033 | $681,546 | $898,492 |
Receivables, inventories, prepaids | $4,000 | $5,900 | $10,100 | $14,352 | $10,413 |
Short-term investments | $0 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $1,319,574 | $1,265,124 | $1,101,133 | $695,898 | $908,905 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $30,810 | $37,306 | $19,026 | $21,840 | $13,557 |
Other long-term assets | $1,200 | $1,200 | $1,200 | $1,200 | $1,200 |
Total long-term assets | $32,010 | $38,506 | $20,226 | $23,040 | $14,757 |
Total assets | $1,351,584 | $1,303,630 | $1,121,359 | $718,938 | $923,662 |
Liabilities | 2018 | 2017 | 2016 | 2015 | 2014 |
Payables and accrued expenses | $17,174 | $18,480 | $11,258 | $34,604 | $51,283 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $17,174 | $18,480 | $11,258 | $34,604 | $51,283 |
Debt | $0 | $750 | $1,954 | $2,975 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
Total long-term liabilities | $0 | $750 | $1,954 | $2,975 | $0 |
Total liabilities | $17,174 | $19,230 | $13,212 | $37,579 | $51,283 |
Net assets | 2018 | 2017 | 2016 | 2015 | 2014 |
Unrestricted | $841,306 | $624,089 | $573,484 | $318,955 | $213,868 |
Temporarily restricted | $492,204 | $659,411 | $533,763 | $361,504 | $357,611 |
Permanently restricted | $900 | $900 | $900 | $900 | $900 |
Net assets | $1,334,410 | $1,284,400 | $1,108,147 | $681,359 | $872,379 |
Revenues and expenses | |||||
Revenue | 2018 | 2017 | 2016 | 2015 | 2014 |
Total contributions | $3,000,717 | $3,158,762 | $2,664,496 | $2,188,919 | $1,867,961 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $588 | $590 | $445 | $0 | $9 |
Other revenue | $0 | $0 | $0 | $0 | $0 |
Total other revenue | $588 | $590 | $445 | $0 | $9 |
Total revenue | $3,001,305 | $3,159,352 | $2,664,941 | $2,188,919 | $1,867,970 |
Expenses | 2018 | 2017 | 2016 | 2015 | 2014 |
Program services | $2,667,063 | $2,705,610 | $1,985,155 | $1,873,584 | $1,591,820 |
Management and general | $182,741 | $188,245 | $178,719 | $141,607 | $116,591 |
Fundraising | $101,491 | $89,244 | $74,279 | $64,748 | $69,252 |
Total expenses | $2,951,295 | $2,983,099 | $2,238,153 | $2,079,939 | $1,777,663 |
Change in net assets | 2018 | 2017 | 2016 | 2015 | 2014 |
Surplus (deficit) | $50,010 | $176,253 | $426,788 | $108,980 | $90,307 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $50,010 | $176,253 | $426,788 | $108,980 | $90,307 |
Compensation
Name | Title | Compensation |
Daniel Shoemaker | Dir, President, Sec | $92,317 |
Kim Rose | Vice President | $74,098 |
Herbert Shoemaker | Dir | $10,403 |
Compensation data as of: 12/31/2018
Response from ministry
No response has been provided by this ministry.
History
-
RMI uses the following to express its history:
- 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 !
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: