Reaching Souls International

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/1/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

The urgency of the Gospel message is clear throughout Scripture. But, in today's world, there are many who have yet to hear it, let alone put their faith in it. We believe that shouldn't be the case. We believe nobody is more effective or efficient in reaching a people group for Christ than its own members.

We strategically support more than 2000 local church leaders with an unquenchable passion for evangelism, who already understand not only the language but also the cultural and spiritual context of their communities. By partnering with them in this way, we are able to be more efficient in spreading the Gospel, intentional discipleship, and investing in the next generation of evangelists.

Through ongoing training, financial support and accountability, we come alongside evangelists already relationally connected to the people around them with the resources they need to maximize their mission and expand the body of Christ around the world.


Contact information

Mailing address:
Reaching Souls International
12625 S. Portland Ave
Oklahoma City, OK 73170

Website: reachingsouls.org

Phone: (405) 917-7000

Email: info@reachingsouls.org


Organization details

EIN: 731019628

CEO/President: Dustin K. Manis

Chairman: Dennis Napier

Board size: 10

Founder: Jimmy Hodges

Year founded: 1977

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1994


Purpose

We strategically partner with local leaders around the world to effectively spread the Gospel to the most people in the shortest amount of time. We believe that partnering with local leaders who are relationally connected to their communities is not only the most effective way to share the Gospel but also the most affordable. This is strategic evangelism. Our National Missionaries are equipped with the local language and the cultural and spiritual context of their communities, which provide strong foundations for evangelism to take root and discipleship to occur naturally.


Mission statement

Reaching Souls International exists to reach the maximum number of people for Christ in the least amount of time in the most efficient way.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating896 of 940102 of 105
Fund acquisition rating926 of 942104 of 105
Resource allocation rating609 of 94271 of 105
Asset utilization rating825 of 94095 of 105

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%20%12%8%10%12%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%19%12%8%9%11%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%96%98%97%96%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%13%13%10%7%12%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%4%2%3%4%3%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%80%81%84%88%82%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%145%89%85%127%93%
Program output ratio Program output ratio =
Program services /
Total revenue
79%116%72%71%112%76%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-45%11%15%-27%7%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%-21%6%8%-6%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%6%6%6%4%6%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.280.650.510.440.260.44
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.272.512.072.573.072.72
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.851.631.051.140.801.20
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.81150.3364.1599.37110.2857.90
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.010.020.010.010.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.867.3011.2010.4614.859.87
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%2%1%1%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
74%150%193%224%380%224%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$2,700,028$3,551,804$2,253,843$1,890,721$1,909,641
Receivables, inventories, prepaids$278,928$765,120$988,305$590,675$1,055,430
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,978,956$4,316,924$3,242,148$2,481,396$2,965,071
Long-term investments$0$0$355,369$319,642$289,815
Fixed assets$758,453$769,099$778,175$747,283$777,278
Other long-term assets$3,735,597$3,842,513$3,949,954$4,073,315$4,033,819
Total long-term assets$4,494,050$4,611,612$5,083,498$5,140,240$5,100,912
Total assets$7,473,006$8,928,536$8,325,646$7,621,636$8,065,983
 
Liabilities20202019201820172016
Payables and accrued expenses$19,816$67,294$32,627$22,501$51,214
Other current liabilities$0$0$0$0$0
Total current liabilities$19,816$67,294$32,627$22,501$51,214
Debt$0$0$0$0$10,010
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$151,794$54,847$46,776$52,552$54,181
Total long-term liabilities$151,794$54,847$46,776$52,552$64,191
Total liabilities$171,610$122,141$79,403$75,053$115,405
 
Net assets20202019201820172016
Without donor restrictions$5,858,809$6,736,882$6,697,937$6,545,130$7,088,261
With donor restrictions$1,442,587$2,069,513$1,548,306$1,001,453$862,317
Net assets$7,301,396$8,806,395$8,246,243$7,546,583$7,950,578
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$3,222,618$4,980,140$4,218,436$1,508,319$3,708,546
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$137,738$118,494$137,174$54,759$112,034
Other revenue$0$0$0$0$0
Total other revenue$137,738$118,494$137,174$54,759$112,034
Total revenue$3,360,356$5,098,634$4,355,610$1,563,078$3,820,580
 
Expenses20202019201820172016
Program services$3,912,306$3,686,270$3,107,224$1,751,454$2,917,147
Management and general$296,706$253,423$217,829$87,673$197,580
Fundraising$654,512$613,616$356,316$147,389$429,699
Total expenses$4,863,524$4,553,309$3,681,369$1,986,516$3,544,426
 
Change in net assets20202019201820172016
Surplus (deficit)($1,503,168)$545,325$674,241($423,438)$276,154
Other changes in net assets$0$0$0$0$0
Total change in net assets($1,503,168)$545,325$674,241($423,438)$276,154

Compensation

NameTitleCompensation
Dustin ManisChief Executive Officer President$217,657
Robin PalesanoChief Financial Officer Secretary$140,802
Odus ComptonCheif Operating Officer$139,123
Trent WadeChief Development Officer$118,648
Ben ManisPresident Emeritus$45,000

Compensation data as of: 6/30/2020


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 2/1/2021. To update the information below, please email: info@ministrywatch.com


History

Reaching Souls International began as an answer to the prayer our founder, Jimmy Hodges, prayed over many years: that the Lord would reveal to him the most fruitful ministry strategy to reach souls for Christ. The Lord answered that prayer when Jimmy applied Paul's instructions in 2 Timothy 2:2 to communities where we could come alongside local church leaders, who are already doing their best to reach their own people for Christ. From the very beginning, this winning strategy was the blueprint for Reaching Souls.


Program accomplishments


Needs