Promise Keepers/ Bill McCartney

Summary

Promise Keepers is a Christ-centered organization dedicated to introducing men to Jesus Christ as their Savior and Lord; and then helping them to grow as Christians. This is mainly accomplished through our Seven Promises and our men's conference ministry. Millions of men have participated since 1990 when PK first began. The Seven Promises are listed below:

  • A Promise Keeper is committed to honoring Jesus Christ through worship, prayer and obedience to God's Word in the power of the Holy Spirit.
  • A Promise Keeper is committed to pursuing vital relationships with a few other men, understanding that he needs brothers to help him keep his promises.
  • A Promise Keeper is committed to practicing spiritual, moral, ethical, and sexual purity.
  • A Promise Keeper is committed to building strong marriages and families through love, protection and biblical values.
  • A Promise Keeper is committed to supporting the mission of his church by honoring and praying for his pastor, and by actively giving his time and resources.
  • A Promise Keeper is committed to reaching beyond any racial and denominational barriers to demonstrate the power of biblical unity.
  • A Promise Keeper is committed to influencing his world, being obedient to the Great Commandment (see Mark 12:30-31) and the Great Commission (see Matthew 28:19-20 ).
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:
PO Box 11798
Denver, CO 80211-0798

Website: www.promisekeepers.org

Phone: (303) 964-7600

Email:


Organization details

EIN: 841157834

CEO/President: Mr Thomas Fortson

Chairman: Samuel L. Winder

Board size: 10

Founder: Mr. Bill McCartney

Year founded: 1990

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1994


Purpose

Founded by Bill McCartney in 1990, Promise Keepers ("PK") is a Christ-centered ministry dedicated to helping men become godly influences in their world by uniting them in vital relationships. The primary means for accomplishing these goals are as follows:
(1) Conferences and other catalytic events designed to draw men closer to God and to challenge them to make life-changing commitments to their families, churches and communities. The Field Ministries team works with churches before, during and after conferences to maximize the local effectiveness of these events through programs, training and assistance throughout the cycle.
(2) Productions and publications bring the message to their constituents, to churches, and to the public at large through various media including radio broadcasts, videotapes, audio tapes, newspapers, books, magazines and the Internet.

PK sponsors the following:
(1) Two-day stadium conferences around the nation enable thousands of men from around the nation and world to join together for worship, prayer, and teaching.
(2) Serve the City project is a "hands-on" ministry of PK to the inner city. Through community service tasks such as Bible distribution, church repairs, park beautification, and serving assistance in soup kitchens, PK men work to influence their communities, build racial and denominational unity, and pursue vital relationships.
(3) PK also develops and provides numerous resources for personal study and men's groups. These resources include audio/video recordings, radio programs, books, study guides, worship tapes, and PK newsletters.


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

Promise Keepers uses the following to express its mission:

Promise Keepers is a ministry designed to ignite and unite men to become passionate followers of Jesus Christ through the effective communication of seven promises to God, other men, family, church and community. Issues facing men include moral relativism, divorce and fatherlessness, pornography and promiscuity, racism, and economic injustice. Promise Keepers presents a catalytic program designed to point men in the direction of a vibrant and practical Christian faith and lifestyle through the local church. Promise Keepers also produces audio, video, Internet and print resources to further help congregations equip their men for passionate living, Christian discipleship and servant leadership.


Statement of faith

Promise Keepers uses the following to communicate its faith:

1.We believe that there is one God eternally existing in three persons: The Father, The Son, and The Holy Spirit.
2. We believe that the Bible is God's written revelation to man and that it is verbally inspired, authoritative, and without error in the original manuscripts.
3. We believe in the deity of Jesus Christ, His virgin birth, sinless life, miracles, death on the cross to provide for our redemption, bodily resurrection and ascension into heaven, present ministry of intercession for us, and His return to earth in power and glory.
4. We believe in the personality and deity of the Holy Spirit, that He performs the miracle of new birth in unbelievers and indwells believers, enabling them to live godly lives.
5. We believe that man was created in the image of God, but because of sin, was alienated from God. Only through faith, trusting in Christ alone for salvation that was made possible by His death and resurrection, can that alienation be removed.

Financial efficiency ratings

Sector: Fellowship Evangelism

CategoryRatingOverall rankSector rank
Overall efficiency rating174 of 43012 of 24
Fund acquisition rating277 of 43017 of 24
Resource allocation rating272 of 43016 of 24
Asset utilization rating46 of 4304 of 24

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%9%10%12%11%13%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%8%10%10%9%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%94%94%84%85%74%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%10%11%9%9%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%6%6%16%15%26%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%79%78%80%82%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%80%92%109%107%106%
Program output ratio Program output ratio =
Program services /
Total revenue
81%63%72%88%87%83%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%20%8%-9%-7%-6%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%214%-86%78%-60%-36%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%11%12%10%9%13%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.325.126.8612.134.883.66
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.531.101.181.273.152.26
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.535.628.0915.3615.348.29
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.096.770.780.511.091.50
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.151.281.940.920.67
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.071.82-0.41-0.740.060.48
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%41%171%229%49%45%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%12%-10%-11%11%15%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$228,889$202,878$192,191$253,115$447,344
Receivables, inventories, prepaids$0$0$494$13,976$105,113
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$228,889$202,878$192,685$267,091$552,457
Long-term investments$0$0$0$0$0
Fixed assets$5,259$19,291$34,239$56,381$81,581
Other long-term assets$17,000$17,000$17,000$517,000$617,000
Total long-term assets$22,259$36,291$51,239$573,381$698,581
Total assets$251,148$239,169$243,924$840,472$1,251,038
 
Liabilities20172016201520142013
Payables and accrued expenses$33,815$259,480$374,409$246,140$369,056
Other current liabilities$0$0$0$0$0
Total current liabilities$33,815$259,480$374,409$246,140$369,056
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$68,301$149,301$184,603$163,103$192,713
Total long-term liabilities$68,301$149,301$184,603$163,103$192,713
Total liabilities$102,116$408,781$559,012$409,243$561,769
 
Net assets20172016201520142013
Unrestricted$149,032($169,612)($315,088)$431,229$689,269
Temporarily restricted$0$0$0$0$0
Permanently restricted$0$0$0$0$0
Net assets$149,032($169,612)($315,088)$431,229$689,269
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$1,502,873$1,681,749$2,276,456$3,254,084$3,201,384
Program service revenue$99,713$75,551$387,451$527,189$1,065,574
Membership dues$0$0$0$0$0
Investment income$61$11$283($99,977)$2,762
Other revenue$3,000$28,610$49,345$158,760$56,453
Total other revenue$102,774$104,172$437,079$585,972$1,124,789
Total revenue$1,605,647$1,785,921$2,713,535$3,840,056$4,326,173
 
Expenses20172016201520142013
Program services$1,017,436$1,278,851$2,380,056$3,352,893$3,588,620
Management and general$137,688$189,023$306,449$380,442$586,079
Fundraising$131,879$172,571$273,348$364,762$402,712
Total expenses$1,287,003$1,640,445$2,959,853$4,098,097$4,577,411
 
Change in net assets20172016201520142013
Surplus (deficit)$318,644$145,476($246,318)($258,041)($251,238)
Other changes in net assets$0$0$0$0$0
Total change in net assets$318,644$145,476($246,318)($258,041)($251,238)

Response from ministry

No response has been provided by this ministry.


History

On March 20, 1990, Bill McCartney (then, University of Colorado head football coach) and his friend Dave Wardell, Ph.D., were on a three-hour car ride to a Fellowship of Christian Athletes meeting, and they discussed the idea of filling a stadium with Christian men. Later that year, 72 men began to pray and fast about the concept of thousands of men coming together for the purpose of Christian discipleship. During July 1991, 4,200 men gathered for the first Promise Keepers conference at the University of Colorado basketball arena.

On Saturday, Oct. 4, 1997, PK convened a massive gathering in Washington, D.C., on the National Mall. Hundreds of thousands of men participated in Stand in the Gap: A Sacred Assembly of Men, a day of personal repentance and prayer. Since then 1,600 churches have called sacred assemblies in time of spiritual crisis. Twelve instances are recorded in the Old Testament when the nation of Israel was called to gather for days of fasting, prayer, confession, and repentance of sin because the nation had wandered away spiritually and morally. Stand in the Gap was patterned after such sacred assemblies.

Seventy-two men participated in the first PK gathering, in 1990, in Boulder, Colo. Since then, more than 3.2 million men have attended PK stadium and arena events:

  • 1991: 4,200 University of Colorado, Coors Events Center
  • 1992: 22,000 University of Colorado, Folsom Field
  • 1993: 50,000 Folsom Field filled to capacity
  • 1994: 278,600 Seven stadiums nationwide
  • 1995: 727,342 Thirteen stadiums nationwide
  • 1996: 1.1 million Twenty two stadiums nationwide
  • 1997: 638,297 Nineteen conferences nationwide
  • 1998: 453,000 Nineteen conferences nationwide


In 1998, 453,000 men attended nineteen conferences nationwide. Independent, affiliated PK national organizations are at work in Canada, Australia, New Zealand, Germany, the United Kingdom, and South Africa. PK has received inquiries about developing men's ministry from people in more than 40 countries. As part of a worldwide men's movement, 30 men's events directly related to PK have been held in countries outside the United States, with more than 90,000 men in attendance. Randy Phillips, Executive Vice President of PK, leads the Global Ministries staff.

PK actively builds support for clergy by motivating and encouraging laymen to actively support the mission of their church and to pray for and support their pastor(s). Since 1992, PK men's conferences have been preceded by a half-day session for clergy. In 1996, PK hosted the world's largest gathering of Christian clergy for a worship and teaching conference in Atlanta's Georgia Dome, attended by over 39,000 male and female clergy. In early 1998, PK hosted nine regional clergy conferences entitled Equipping Leaders of Men, which drew more than 30,000 male and female pastors.

Program accomplishments

STADIUM CONFERENCES:
In 2002, Promise Keepers' 12th year of conference ministry, 16 cities hosted men's conferences (Tampa, Atlanta, Rochester, N.Y., Knoxville, Miami, Washington, D.C., Raleigh, N.C., Cleveland, Grand Rapids, Dallas, St. Louis, St. Paul, Denver, Los Angeles, Stockton, Phoenix) to more than 176,000 men.

2001-Eighteen conferences were held in Promise Keepers 11th season of men's events.In December 2001, 14,000 teens, dads, and youth pastors took part in Promise Keepers' first-ever conference designed specifically for youth age 13-17. The young men's gathering, dubbed "The Passage," filled Nationwide Arena in Columbus, Ohio.

Promise Keepers celebrated its tenth anniversary in 2000. Since 1990, PK has reached five million men through more than 100 conferences.

1999- Promise Keepers hosted its first international events in San Juan, Rico, Pretoria, South Africa, and Monterrey, Mexico, drawing in excess of 20,000 men. Also, 306,700 men attended Promise Keepers 15 free conferences in the U.S.

In 1998, 453,000 men attended nineteen conferences nationwide

GLOBAL MINISTRIES:
Independent, affiliated PK national organizations are at work in Canada, Australia, New Zealand, Germany, the United Kingdom, and South Africa. PK has received inquiries about developing men's ministry from people in more than 40 countries. As part of a worldwide men's movement, 30 men's events directly related to PK have been held in countries outside the United States, with more than 90,000 men in attendance. Randy Phillips, Executive Vice President of PK, leads the Global Ministries staff.

CLERGY CONFERENCES:
PK actively builds support for clergy by motivating and encouraging laymen to actively support the mission of their church and to pray for and support their pastor(s). Since 1992, PK men's conferences have been preceded by a half-day session for clergy. In 1996, PK hosted the world's largest gathering of Christian clergy for a worship and teaching conference in Atlanta's Georgia Dome, attended by over 39,000 male and female clergy. In early 1998, PK hosted nine regional clergy conferences entitled Equipping Leaders of Men, which drew more than 30,000 male and female pastors.


Needs

PK express its needs as follows:

Volunteers: Volunteering is close to the heart of God. It represents the selfless, caring, giving qualities to which Christians are called. It suggests a sense of family where a growing relationship with Christ leads to the overflow of love from which we live our lives to positively influence others with the Love of God. The work can be hard and the hours are long. Many labor in obscurity, making sacrifices that only the Lord can know, but "Blessed are the meek, For they shall inherit the earth. (Matt. 5:5 NKJV)." The foremost need for volunteer assistance is at each conference.