Search Ministries, Inc.

Summary

The story of Search is the search for meaningful stories. It's been our mission for 40 years to invite adults to take a next step toward God. We do this by asking life's "big questions," offering honest answers, and initiating meaningful conversations. These conversations turn into genuine friendships and these friendships then become testaments to God's grace. These conversations are happening across the country, in 23 cities with a staff of over 60 committed individuals and growing every day.


Contact information

Mailing address:
Search Ministries Inc.
4330 W. Vickery Blvd.
Suite 150
Fort Worth, TX 76107

Website: www.searchnational.org

Phone: (800) 617-3272

Email: https://searchnational.org/contact-us/


Organization details

EIN: 751627393

CEO/President: Tim Kilpatrick

Chairman: Lamar Smith & Mark Norman

Board size: 9

Founder:

Year founded: 1985

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1985


Purpose

Every adult in every city invited to know and share Jesus.


Mission statement

Inviting adults to take a next step toward God.


Statement of faith

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Christian Growth

This ministry has not been rated.


Financial ratios

Funding ratiosSector median20152014201320122011
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%1%1%1%1%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%1%1%1%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
82%94%94%92%94%94%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%1%1%1%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
18%6%6%8%6%6%
 
Operating ratiosSector median20152014201320122011
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%86%86%87%86%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%102%96%103%94%98%
Program output ratio Program output ratio =
Program services /
Total revenue
75%87%82%89%81%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-2%4%-3%6%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%-2%5%-4%9%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%13%14%13%13%13%
 
Investing ratiosSector median20152014201320122011
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.041.331.201.401.291.43
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.371.051.041.051.051.05
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.111.391.251.471.351.50
 
Liquidity ratiosSector median20152014201320122011
Current ratio Current ratio =
Total current assets /
Total current liabilities
11.4924.5326.4754.8526.3026.85
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.040.040.020.040.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.118.269.237.998.567.71
 
Solvency ratiosSector median20152014201320122011
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%4%4%2%4%4%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
75%72%80%70%75%68%

Financials

Balance sheet
 
Assets20152014201320122011
Cash$828,721$680,531$1,326,332$4,950,788$4,494,580
Receivables, inventories, prepaids$32,284$28,267$24,247$23,638$13,647
Short-term investments$4,099,035$4,376,232$3,336,361$0$0
Other current assets$50,066$49,423$52,787$56,188$62,351
Total current assets$5,010,106$5,134,453$4,739,727$5,030,614$4,570,578
Long-term investments$0$0$0$0$0
Fixed assets$244,801$221,576$243,527$241,973$230,594
Other long-term assets$0$0$0$0$0
Total long-term assets$244,801$221,576$243,527$241,973$230,594
Total assets$5,254,907$5,356,029$4,983,254$5,272,587$4,801,172
 
Liabilities20152014201320122011
Payables and accrued expenses$117,616$97,830$47,688$140,383$107,150
Other current liabilities$86,607$96,176$38,724$50,893$63,062
Total current liabilities$204,223$194,006$86,412$191,276$170,212
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$204,223$194,006$86,412$191,276$170,212
 
Net assets20152014201320122011
Unrestricted$4,493,184$4,421,996$4,107,555$4,129,790$3,756,661
Temporarily restricted$557,500$740,027$789,287$951,521$874,299
Permanently restricted$0$0$0$0$0
Net assets$5,050,684$5,162,023$4,896,842$5,081,311$4,630,960
 
Revenues and expenses
 
Revenue20152014201320122011
Total contributions$6,431,678$6,286,743$6,270,369$6,799,336$6,584,839
Program service revenue$303,868$307,013$493,845$398,359$336,628
Membership dues$0$0$0$0$0
Investment income$76,816$110,332$1,423$15$12,734
Other revenue$55,541($13,207)$34,649$40,145$59,648
Total other revenue$436,225$404,138$529,917$438,519$409,010
Total revenue$6,867,903$6,690,881$6,800,286$7,237,855$6,993,849
 
Expenses20152014201320122011
Program services$6,000,181$5,496,975$6,042,777$5,835,527$5,909,709
Management and general$920,953$880,598$888,989$894,778$882,818
Fundraising$58,108$48,127$52,989$57,199$55,767
Total expenses$6,979,242$6,425,700$6,984,755$6,787,504$6,848,294
 
Change in net assets20152014201320122011
Surplus (deficit)($111,339)$265,181($184,469)$450,351$145,555
Other changes in net assets$0$0$0$0$0
Total change in net assets($111,339)$265,181($184,469)$450,351$145,555

Response from ministry

No response has been provided by this ministry.


History

The story of Search begins with a group of courageous young men deeply committed to sharing God's love with as many people as possible. Their mission? To bring the best news in the world to their communities through honest conversations with spiritually curious adults. It's been the Search mission for 40 years to meet people wherever they are on their spiritual journey...some still exploring, others taking their first steps, and still others who are committed to helping their friends understand the truth they have personally experienced. That vision became a reality and Search was founded in 1977. Today, we exist in 23 cities with over 60 full and part-time staff and growing. And our mission is more relevant today than it has ever been.


Program accomplishments


Needs