Reaching Souls International

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 rating706 of 77595 of 104
Fund acquisition rating655 of 77691 of 104
Resource allocation rating482 of 77662 of 104
Asset utilization rating676 of 77592 of 104

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%12%8%10%12%17%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%12%8%9%11%16%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%98%97%96%97%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%13%10%7%12%13%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%2%3%4%3%3%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%81%84%88%82%82%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%89%85%127%93%124%
Program output ratio Program output ratio =
Program services /
Total revenue
81%72%71%112%76%101%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%11%15%-27%7%-24%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%6%8%-6%3%-10%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%6%6%4%6%5%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.480.510.440.260.440.49
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.352.072.573.072.723.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.221.051.140.801.201.48
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.7464.1599.37110.2857.9058.34
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.020.010.010.020.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.9411.2010.4614.859.877.99
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%1%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
63%193%224%380%224%202%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$3,551,804$2,253,843$1,890,721$1,909,641$1,869,380
Receivables, inventories, prepaids$765,120$988,305$590,675$1,055,430$707,084
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$4,316,924$3,242,148$2,481,396$2,965,071$2,576,464
Long-term investments$0$355,369$319,642$289,815$276,086
Fixed assets$769,099$778,175$747,283$777,278$768,510
Other long-term assets$3,842,513$3,949,954$4,073,315$4,033,819$4,139,491
Total long-term assets$4,611,612$5,083,498$5,140,240$5,100,912$5,184,087
Total assets$8,928,536$8,325,646$7,621,636$8,065,983$7,760,551
 
Liabilities20192018201720162015
Payables and accrued expenses$67,294$32,627$22,501$51,214$44,163
Other current liabilities$0$0$0$0$0
Total current liabilities$67,294$32,627$22,501$51,214$44,163
Debt$0$0$0$10,010$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$54,847$46,776$52,552$54,181$56,213
Total long-term liabilities$54,847$46,776$52,552$64,191$56,213
Total liabilities$122,141$79,403$75,053$115,405$100,376
 
Net assets20192018201720162015
Unrestricted$6,736,882$6,697,937$6,545,130$7,088,261$7,071,057
Temporarily restricted$2,069,513$1,534,806$987,953$858,817$585,618
Permanently restricted$0$13,500$13,500$3,500$3,500
Net assets$8,806,395$8,246,243$7,546,583$7,950,578$7,660,175
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$4,980,140$4,218,436$1,508,319$3,708,546$2,966,979
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$118,494$137,174$54,759$112,034$102,326
Other revenue$0$0$0$0$0
Total other revenue$118,494$137,174$54,759$112,034$102,326
Total revenue$5,098,634$4,355,610$1,563,078$3,820,580$3,069,305
 
Expenses20192018201720162015
Program services$3,686,270$3,107,224$1,751,454$2,917,147$3,108,529
Management and general$253,423$217,829$87,673$197,580$192,444
Fundraising$613,616$356,316$147,389$429,699$499,958
Total expenses$4,553,309$3,681,369$1,986,516$3,544,426$3,800,931
 
Change in net assets20192018201720162015
Surplus (deficit)$545,325$674,241($423,438)$276,154($731,626)
Other changes in net assets$0$0$0$0$0
Total change in net assets$545,325$674,241($423,438)$276,154($731,626)

Compensation

NameTitleCompensation
Dustin ManisChief Executive Officer President$244,084
Robin PalesanoChief Financial Officer Secretary$146,464
Brent ParsonsChief Operations Officer$132,501
Ben ManisPresident Emeritus$60,407

Compensation data as of: 6/30/2019


Response from ministry

No response has been provided by this ministry.


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