Evangelical Council for Financial Accountability (ECFA) 
The information on this page was last updated 11/30/2023. If you see errors or omissions, please email: [email protected]
Summary
The founding ministries of ECFA understood this simple truth. How organizations treat financial transparency, board governance, and stewarding charitable gifts can create trust with their donors or break it irreparably. In today's world, demonstrating trustworthiness is more important than ever in effectively reaching the world for Christ.
ECFA exists to help enhance that trust.
Contact information
Mailing address:
ECFA
440 W. Jubal Early Dr.
Ste. 100
Winchester, VA 22601
Website: www.ecfa.org
Phone: 800-323-9473
Email: [email protected]
Organization details
EIN: 930744698
CEO/President: Michael Martin
Chairman: Paul Anderson
Board size: 14
Founder: Sen. Mark Hatfield
Ruling year: 2019
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
ECFA's vision is to enhance trust in all Christ-centered churches and ministries as they fulfill the Great Commission.
Mission statement
Enhancing trust in Christ-centered churches and ministries
Statement of faith
We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.
We believe in the deity and humanity of Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, in His present rule as Head of the Church and in His personal return in power and glory.
We believe that for the salvation of lost and sinful men regeneration by the Holy Spirit is absolutely essential.
We believe in the present ministry of the Holy Spirit, by whose indwelling the Christian is enabled to live a godly life.
We believe in the resurrection of both the saved and the lost, they that are saved unto the resurrection of life and they that are lost unto the barrenness of damnation.
We believe in the spiritual unity of believers in our Lord Jesus Christ, with equality across racial, gender, and class differences.
Donor confidence score
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Advocacy
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 422 of 1106 | 12 of 42 |
| Fund acquisition rating | | 463 of 1107 | 16 of 42 |
| Resource allocation rating | | 205 of 1107 | 8 of 42 |
| Asset utilization rating | | 771 of 1106 | 25 of 42 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 9% | 4% | 80% | 1% | 1% | 4% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 7% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 96% | 11% | 1% | 24% | 4% | 1% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 7% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 4% | 89% | 99% | 76% | 96% | 99% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 89% | 90% | 89% | 89% | 89% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 86% | 106% | 76% | 99% | 105% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 76% | 96% | 68% | 88% | 94% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 14% | -6% | 24% | 1% | -5% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 9% | 17% | -8% | 34% | 2% | -8% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 11% | 9% | 10% | 11% | 11% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.10 | 0.82 | 1.10 | 0.91 | 1.27 | 1.28 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.43 | 1.35 | 1.47 | 1.47 | 1.99 | 2.33 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.06 | 1.11 | 1.61 | 1.34 | 2.53 | 2.99 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.54 | 23.67 | 19.22 | 15.49 | 10.34 | 8.02 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.04 | 0.05 | 0.06 | 0.10 | 0.12 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.89 | 10.34 | 7.05 | 8.35 | 4.28 | 3.51 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 16% | 20% | 19% | 16% | 19% | 19% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 65% | 97% | 74% | 92% | 63% | 63% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $3,053,875 | $2,218,407 | $1,899,135 | $1,010,891 | $881,213 |
| Receivables, inventories, prepaids | $142,725 | $130,308 | $687,411 | $155,192 | $90,496 |
| Short-term investments | $498,210 | $402,565 | $291,780 | $290,680 | $238,944 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,694,810 | $2,751,280 | $2,878,326 | $1,456,763 | $1,210,653 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $1,294,036 | $1,301,139 | $1,352,559 | $1,446,313 | $1,554,983 |
| Other long-term assets | $0 | $0 | $0 | $0 | $61,020 |
| Total long-term assets | $1,294,036 | $1,301,139 | $1,352,559 | $1,446,313 | $1,616,003 |
| Total assets | $4,988,846 | $4,052,419 | $4,230,885 | $2,903,076 | $2,826,656 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $156,120 | $143,131 | $185,857 | $140,847 | $150,979 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $156,120 | $143,131 | $185,857 | $140,847 | $150,979 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $859,050 | $617,164 | $497,213 | $420,472 | $376,607 |
| Total long-term liabilities | $859,050 | $617,164 | $497,213 | $420,472 | $376,607 |
| Total liabilities | $1,015,170 | $760,295 | $683,070 | $561,319 | $527,586 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $3,640,343 | $2,625,457 | $2,380,315 | $2,063,257 | $1,771,820 |
| With donor restrictions | $333,333 | $666,667 | $1,167,500 | $278,500 | $527,250 |
| Net assets | $3,973,676 | $3,292,124 | $3,547,815 | $2,341,757 | $2,299,070 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $522,061 | $22,703 | $1,204,549 | $134,026 | $36,285 |
| Program service revenue | $4,219,383 | $4,047,404 | $3,752,516 | $3,494,449 | $3,280,627 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $15,034 | $47,858 | $22,503 | $5,995 | $4,059 |
| Other revenue | $33,758 | $66,415 | $94,302 | $98,389 | $128,729 |
| Total other revenue | $4,268,175 | $4,161,677 | $3,869,321 | $3,598,833 | $3,413,415 |
| Total revenue | $4,790,236 | $4,184,380 | $5,073,870 | $3,732,859 | $3,449,700 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $3,657,162 | $4,015,361 | $3,450,930 | $3,277,302 | $3,233,458 |
| Management and general | $432,602 | $406,454 | $400,542 | $411,284 | $388,945 |
| Fundraising | $18,920 | $18,256 | $16,340 | $1,586 | $1,589 |
| Total expenses | $4,108,684 | $4,440,071 | $3,867,812 | $3,690,172 | $3,623,992 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $681,552 | ($255,691) | $1,206,058 | $42,687 | ($174,292) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $681,552 | ($255,691) | $1,206,058 | $42,687 | ($174,292) |
Compensation
| Name | Title | Compensation |
| Dan Busby | President - Former | $253,052 |
| Michael Martin | President | $205,260 |
| Warren Bird | Vice President | $175,917 |
| Kim Williams | Executive Vice President | $159,829 |
| Jake Lapp | Team Lead | $146,818 |
| Nicole Wallenfelsz | Team Lead | $135,033 |
| Staci Brown | Team Lead | $123,694 |
| Emily Versteeg | Compliance Associate | $116,826 |
Compensation data as of: 12/31/2020
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 11/30/2023. To update the information below, please email: [email protected]
History
In the fall of 1977, Senator Mark Hatfield called in friends from World Vision and from the Billy Graham Evangelistic Association. He urged them and other ministry leaders to find a way to self-regulate, or face the potential threat of government intervention. As a result, ECFA was formed, standards were established, and a visionary and faithful group of 150 charter members committed to operating within the high standards.