Cadence International 



Summary
Cadence International ("Cadence") ministers to U.S. military singles, families, and youth. Cadence does this through hospitality houses, retreat and Bible study ministries, discipleship programs, and youth groups. Jesse and Nettie Miller founded it in 1954. The hospitality houses and centers are places for military personnel who are far from home, family, and friends to feel the warmth of a "home away from home". The house directors offer Bible studies, home-cooked meals, and off-duty activities as well as a close family environment. Cadence Student Ministries, formerly Malachi, is the youth division of Cadence reaching out to children and youth in the military community. Cadence also ministers to military members in foreign cultures including Thailand, Cambodia, and Africa. Our vision is to exalt Christ in the nations through the lives of transformed military people. 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 1268
Englewood, CO 80150-1268
Website: www.cadence.org
Phone: (303) 762-1400
Email: info@cadence.org
Organization details
EIN: 846027655
CEO/President: Mr. David Schroeder
Chairman: Mr. John Albers
Board size: 11
Founder: Jesse & Nettie Miller
Year founded: 1954
Tax deductible: Yes
Fiscal year end: 05/31
Member of ECFA: Yes
Member of ECFA since: 1986
Purpose
Young, searching, impressionable, moldable, and eager for relationship, many of those serving in the armed forces are in some of the most strategic moments of their lives--moments of receptivity, of soul-searching, of discovery, and of life transformation. Cadence exists to be there during these strategic moments sharing the gospel and our lives. It's why we are here--for military people and their families, for these poignant moments of life-change.
Cadence International is an evangelical mission agency dedicated to reaching the military communities of the United States and of the world with the Good News of Jesus Christ. For nearly six decades, Cadence has grown from a small, fledgling mission to an organization with close to 200 missionaries who work in over 50 locations worldwide.
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
Cadence International's Mission Statement is:
Sharing the gospel and our lives with the military community.
Statement of faith
Cadence International uses the following communicate its values:
1. We believe in the plenary, verbal inspiration of the whole Bible and that it is the supreme and final authority in faith and life. (2 Timothy 3:16,17; 2 Peter 1:20,21)
2. We believe in one God, eternally existing in three persons: Father, Son, and Holy Spirit. (Deut. 6:4; 2 Cor. 13:14)
3. We believe that Jesus Christ was conceived of the Holy Spirit, born of the Virgin Mary, and that He is true God and true man. (Matt. 1:20-25; John 1:14; Romans 8:3)
4. We believe that man was created in the image of God; that all men have sinned in the transgression of Adam and subsequently in their personal experience; that they are therefore totally depraved and the wrath of God abideth on them; and that the only way to escape eternal condemnation is through the one gracious provision of the love of God. (Gen. 1:25-27; Rom. 3:22-26)
5. We believe that salvation is the gift of God offered to man by grace and received by personal faith in the Lord Jesus Christ, that the Son of God gave His life as a ransom for many and bore our sins in His own body on the tree, and that all who truly believe in Him are eternally saved on the ground of His shed blood. (Eph. 2:8,9; 1 Peter 2:24; John 10:28,29)
6. We believe in the personal bodily resurrection of our Lord and Savior, in His ascension into heaven, and in His present, mediatorial, High Priestly office there at the right hand of the Father. (Acts 1:9; Luke 24:6,7; Heb. 9:24; 7:25)
7. We believe in that blessed hope, the personal, bodily, imminent, and pre-millennial return of the Lord Jesus Christ. (Titus 2:13; Acts 1: 9-11)
8. We believe that all who, by faith, receive the Lord Jesus Christ are born again by the Holy Spirit, and that the Holy Spirit indwells every believer to enlighten, enable, and guide him in life and service. (John 3:67; 1 Cor. 2:12; John 14:16, 26; 16:24; Rom. 8:14)
9. We believe in the bodily resurrection of the just and the unjust, the everlasting blessedness of the saved, and the everlasting, conscious punishment of the lost. (Mark 9:43-48; Rev. 20:15, 22:35, 11)
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Fellowship Evangelism
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | ![]() ![]() ![]() ![]() | 182 of 733 | 7 of 23 |
Fund acquisition rating | ![]() ![]() ![]() ![]() | 173 of 734 | 4 of 23 |
Resource allocation rating | ![]() ![]() ![]() | 216 of 734 | 12 of 23 |
Asset utilization rating | ![]() ![]() ![]() | 392 of 733 | 14 of 23 |
Financial ratios
Funding ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 5% | 5% | 5% | 4% | 4% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 5% | 5% | 5% | 3% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 83% | 97% | 96% | 96% | 93% | 94% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 5% | 5% | 5% | 4% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 17% | 3% | 4% | 4% | 7% | 6% |
Operating ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 82% | 83% | 85% | 85% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 101% | 98% | 97% | 100% | 94% | 95% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 81% | 81% | 85% | 80% | 81% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | -1% | 2% | 3% | 0% | 6% | 5% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | 3% | 6% | 0% | 11% | 11% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 13% | 12% | 10% | 12% | 11% |
Investing ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.74 | 1.72 | 1.73 | 1.72 | 1.74 | 1.84 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.65 | 2.36 | 2.65 | 1.78 | 1.74 | 1.97 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 3.25 | 4.06 | 4.58 | 3.05 | 3.03 | 3.63 |
Liquidity ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 6.27 | 13.37 | 9.12 | 8.15 | 8.79 | 6.53 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.16 | 0.07 | 0.11 | 0.12 | 0.11 | 0.15 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 2.80 | 2.74 | 2.33 | 3.45 | 3.51 | 2.80 |
Solvency ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 13% | 3% | 4% | 7% | 7% | 8% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 49% | 56% | 55% | 54% | 54% | 50% |
Financials
Balance sheet | |||||
Assets | 2019 | 2018 | 2017 | 2016 | 2015 |
Cash | $1,191,149 | $1,032,500 | $2,004,473 | $2,101,615 | $1,426,458 |
Receivables, inventories, prepaids | $257,713 | $255,661 | $239,032 | $223,247 | $289,430 |
Short-term investments | $961,252 | $810,228 | $785,024 | $755,108 | $722,873 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $2,410,114 | $2,098,389 | $3,028,529 | $3,079,970 | $2,438,761 |
Long-term investments | $0 | $160,998 | $159,316 | $222,682 | $220,117 |
Fixed assets | $3,270,160 | $3,295,921 | $2,016,636 | $2,052,108 | $2,143,563 |
Other long-term assets | $0 | $0 | $172,342 | $0 | $0 |
Total long-term assets | $3,270,160 | $3,456,919 | $2,348,294 | $2,274,790 | $2,363,680 |
Total assets | $5,680,274 | $5,555,308 | $5,376,823 | $5,354,760 | $4,802,441 |
Liabilities | 2019 | 2018 | 2017 | 2016 | 2015 |
Payables and accrued expenses | $180,254 | $143,954 | $271,682 | $237,020 | $247,136 |
Other current liabilities | $0 | $86,234 | $99,954 | $113,363 | $126,418 |
Total current liabilities | $180,254 | $230,188 | $371,636 | $350,383 | $373,554 |
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 | $180,254 | $230,188 | $371,636 | $350,383 | $373,554 |
Net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
Unrestricted | $3,899,672 | $4,022,065 | $3,556,709 | $3,523,168 | $3,080,285 |
Temporarily restricted | $1,600,348 | $1,303,055 | $1,448,478 | $1,481,209 | $1,348,602 |
Permanently restricted | $0 | $0 | $0 | $0 | $0 |
Net assets | $5,500,020 | $5,325,120 | $5,005,187 | $5,004,377 | $4,428,887 |
Revenues and expenses | |||||
Revenue | 2019 | 2018 | 2017 | 2016 | 2015 |
Total contributions | $9,683,062 | $9,508,473 | $8,907,571 | $9,162,569 | $8,735,744 |
Program service revenue | $209,994 | $239,498 | $232,954 | $324,944 | $479,173 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $0 | $0 | $0 | $0 | $0 |
Other revenue | $55,534 | $183,950 | $91,898 | $408,761 | $118,798 |
Total other revenue | $265,528 | $423,448 | $324,852 | $733,705 | $597,971 |
Total revenue | $9,948,590 | $9,931,921 | $9,232,423 | $9,896,274 | $9,333,715 |
Expenses | 2019 | 2018 | 2017 | 2016 | 2015 |
Program services | $8,060,446 | $8,022,079 | $7,813,772 | $7,877,875 | $7,541,721 |
Management and general | $1,262,485 | $1,115,597 | $966,999 | $1,096,775 | $987,093 |
Fundraising | $450,759 | $474,312 | $450,842 | $346,134 | $316,545 |
Total expenses | $9,773,690 | $9,611,988 | $9,231,613 | $9,320,784 | $8,845,359 |
Change in net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
Surplus (deficit) | $174,900 | $319,933 | $810 | $575,490 | $488,356 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $174,900 | $319,933 | $810 | $575,490 | $488,356 |
Compensation
Name | Title | Compensation |
David Schroeder | President | $151,858 |
Natalie Harper | CFO/Board Treasurer | $90,336 |
Compensation data as of: 5/31/2019
Response from ministry
No response has been provided by this ministry.
History
In January 1941, a young GI from Wyoming was stationed in the Philippines. Homesick, he picked up the Bible he had neglected since trusting Christ several months earlier, and began to read. Jesse Miller realized then that God and His Word were key to living a fulfilled and satisfied life.
Longing for Christian fellowship, Jesse joined other servicemen at the weekly dinner and Bible study hosted by missionaries Cyril and Anna Brooks. He was so touched and overwhelmed by their hospitality, the Christian fellowship, and the teaching of God's Word, that he prayed to God, "If I ever have a home of my own, you can have it for servicemen." Jesse spent every available minute with the Brooks until December 8, 1941, when a surprise attack after Pearl Harbor devastated Clark Air Field. Jesse survived the "Bataan Death March" and spent three-and-a-half years as a prisoner of war. During that time, God comforted and sustained him through the Bible verses he had memorized at the Brook's home.
After his release, Jesse graduated from BIOLA and, in 1949, joined a mission to teach Filipino students, where he met his wife, Nettie. They soon realized that honoring Jesse's promise to open their home to servicemen was leading to a larger ministry. In 1951, the first official Christian Servicemen's Home opened in Manila, Philippines.
In 1954, a group of Christian ex-servicemen (Dick Patty, Tom Hash, Sid Hendry, and C.P. Tarkington) met with Jesse in Chicago to discuss the future of ministry to military personnel. They formed Overseas Christian Servicemen's Centers (OCSC) whose sole focus would be to share their lives and the gospel of Christ with U.S. military overseas. Requests for this kind of ministry flooded in, and centers were established in the Philippines, Japan, Okinawa, Taiwan, Vietnam, Thailand, Panama, and Alaska.
In 1968, OCSC expanded to Europe where hospitality houses were founded in Italy, West Germany, Greece, and Spain. As the "Cold War" brought the build-up of U.S. forces around the world, centers were added in Korea, Guam, and the United States.
In 1981, Malachi Singers began traveling during summers to minister to youth and soldiers at retreats and on bases. The military chaplains began to request permanent youth workers, not just summer singing teams. In 1984, Malachi Ministries became the youth ministry arm of OCSC. Its primary focus is military dependent youth. Currently, Cadence youth workers are located in Europe and Asia. In 2010 Malachi Youth Ministries changed its name to Cadence Youth Ministries.
OCSC changed its name to Cadence International in 1994 to better reflect its various ministries. Throughout its history, Cadence International has always followed the mandate of "Sharing the gospel and our lives with the military community" as God has led.
The history of Cadence International is a remarkable demonstration of one man's vision and God's great power to create a ministry which has impacted people for almost sixty years. Today, the need is still great, and Cadence is still seeking qualified men and women to serve with us.
Program accomplishments
Cadence has a strategic plan. In fact, in the next few years we have these three strategic priorities:
- Accelerate! The pace of this Great Commission ministry is perhaps most affected by the quality and skill of our people in strategic places and positions, and so we intend to identify, develop, and deploy leaders.
- Arm! The ministry is done by people, with people, for people, and through people. It doesn't get done without healthy, vibrant, and competent staff and volunteers, and so we intend to resource, strengthen, and sharpen field staff and ministries.
- Advance! The fields are ripe for harvest; the needs are greater than ever; the opportunities for ministry in military communities around the world are simply incredible, and so we intend to pioneer, grow, and expand ministries worldwide.
Needs
Cadence International has communicated the following needs:
Cadence International seeks qualified men and women who will serve with them.