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Christian Research Institute/CRI/Hank Hanegraaff

Rating
Sector:

Christian Growth

Total
Revenue:

$5,703,699

Total
Expenses:

$6,515,090

Net
Assets:

($1,660,162)

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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 82% 94%
General & Admin 12.6% 8.6%
Fundraising 6.2% 10.2%
Savings -.9% -14.2%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
<25
<$1m$1m-
$5m
>$5m

Summary

Christian Research Institute, Inc. ("CRI") strives to defend historic Christianity against theological heresy. CRI provides carefully researched information and well-reasoned answers to equip people to intelligently represent it to people influenced by ideas and teachings that assault or undermine orthodox, biblical Christianity. CRI sponsors radio broadcasts, publications, and seminars. CRI responds to requests for information from the public in the defense of the Christian faith. The founder of CRI is Walter Martin. This organization is a Delaware nonprofit. Contributions to it are fully deductible to the extent allowed by the law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Contact Information: [ Back to top ]

Mailing Address:P.O. Box 77333
Charlotte, NC
28271-7007
Website: www.equip.org
Phone:(704) 887-8200
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 226063412
CEO/President: Mr. Hank Hanegraaff Tax Deductible: Yes
Chairman: Fiscal Year End: June 30
Board Size: 5 Financial info from: 990
Founder: Mr. Walter Martin Member of ECFA: Yes
Year Founded: 1960 Member of ECFA since: 1996

Purpose [ Back to top ]

Christian Research Institute, Inc. ("CRI") strives to defend historic Christianity against theological heresy. CRI provides carefully researched information and well-reasoned answers to equip people to intelligently represent it to people influenced by ideas and teachings that assault or undermine orthodox, biblical Christianity. CRI sponsors radio broadcasts, publications, and seminars. CRI responds to requests for information from the public in the defense of the Christian faith. The founder of CRI is Walter Martin. This organization is a Delaware nonprofit. Contributions to it are fully deductible to the extent allowed by the law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Mission Statement [ Back to top ]

CRI uses the following to communicate its mission:

To provide Christians worldwide with carefully researched information and well-reasoned answers that encourage them in their faith and equip them to intelligently represent it to people influenced by ideas and teachings that assault or undermine orthodox, biblical Christianity.

Program Accomplishments [ Back to top ]

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Statement of Faith [ Back to top ]

CRI uses the following to express its doctrinal statement:

We believe that:

(1) The Holy Scriptures, comprised of the Old and New Testaments, are fully and verbally inspired by God and are therefore infallible in the original writings and completely trustworthy in all areas in which they speak. Their central salvation message and essential teachings are clear and accessible to all who follow the standard and self-evident rules of literary interpretation. They are therefore the supreme, unmediated, and final authority of faith and practice for every believer.

(2) There is only one eternal, almighty, and perfect God. Within the Being of this one true God exist three eternally distinct and coequal Persons: the Father, the Son, and the Holy Spirit. These three Persons are the one true God.

(3) Jesus Christ is the eternal Son of God, the Second Person of the Trinity, who took upon Himself human flesh through the miraculous conception by the Holy Spirit in the womb of the Virgin Mary. He who is true God became true man, uniting two natures in one person forever. Christ lived a perfect, sinless life, died on the cross as an atoning sacrifice for our sins, rose bodily from the dead, and ascended into Heaven where He now serves as our High Priest, our only Mediator. He will return bodily and visibly to the earth as King of kings and will judge every human being who has ever lived.

(4) The Holy Spirit is the eternal Third Person of the Triune God, the Regenerator and Sanctifier of the redeemed, the Bestower of spiritual fruit and gifts, and the abiding Advocate who empowers believers for godly living and service.

(5) In Adam human beings were created in the image of God (i.e., they share in a finite way the communicable attributes of God, including personality, spirituality, rationality, and morality). Through the fall of Adam that image of God in humanity has been defiled, although not eradicated. Every human being is radically corrupt and estranged from God. Human beings are condemned by God because of their descent into sin, both through their relationship to Adam and through individual choice. The desperate need of humanity is forgiveness of sins and consequent restoration of fellowship with God; yet humans remain totally unable to atone for and restore themselves.

(6) Jesus’ death on the cross provided a penal substitutionary atonement for the sins of humanity. In salvation we are rescued from God’s wrath by His unmerited grace alone, through faith alone, on account of Christ alone.

(7) Those who have received the free gift of salvation will live forever in the fellowship and Kingdom of God (heaven). Eternal, conscious punishment apart from the fellowship and Kingdom of God (hell) is the ultimate destiny of unredeemed humanity, Satan, and his entire angelic host.

(8) The Christian church, which is the body and bride of Christ, is composed of all persons who through saving faith in Jesus Christ have been regenerated by the Holy Spirit. Corporately and individually, its members strive to worship, serve, and glorify God through prayer and praise, diligent study and application of the Scriptures, evangelism, sanctified living, good works, and observance of the rites of baptism and the Lord's Supper. The ultimate mission of the church is the discipleship of all nations - not only the saving of souls (which is primary) but also bringing the gospel to bear on every aspect of life and thought - until the Lord returns.

History [ Back to top ]

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Ministry Needs [ Back to top ]

This organization has not offered MinistryWatch.com with specific needs to be posted on the profile. At such a time that MinistryWatch.com receives a response from the ministry, it will be posted immediately.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : B
Criteria categoryGradeOther Comments
Timeliness:7012/8/2007 4:50:25 PM: Organization made financial information available greater than 7 ½ months.
Financial Information:8012/8/2007 4:51:52 PM: Organization provided minimal financial information.
Foundational Clarity:10012/8/2007 4:50:55 PM: Descriptive information was abundant and thorough.
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankChristian Growth Sector
Overall Efficiency RatingStarStarStar162 of 353    16 of 43
Fund Acquisition DecisionStarStar279 of 353      35 of 43
Resource Allocation DecisionStarStarStar172 of 353      14 of 43
Asset Utilization DecisionStarStarStarStar55 of 353      5 of 43
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Supporters Might Say
  • CRI is an outstanding apologetics ministry.
  • Hanegraaff responds to callers' questions in a direct and helpful manner.
  • Callers on BAM routinely express their gratitude to Hanegraaff and CRI for their contributions to the defense of the faith.
  • CRI has helped many people to escape the snare of cults and aberrant religious movements.
  • CRI's online articles are a terrific (and free) resource for those seeking answers to tough questions.
  • CRI features the work of top Christian apologists.
  • Hanegraaff's analysis of sub-orthodox and anti-Christian views is logical and incisive.
Critics Might Say
  • Hanegraaff has no formal education in theology, philosophy, or apologetics. Some people think that this renders him disqualified for his position as leader of CRI and host of BAM.
  • Some people have accused Hanegraaff of being unnecessarily divisive.
  • Hanegraaff has been accused of lacking the basic people skills and sensitivity required to properly interact with callers to BAM.
  • Some people believe that CRI, under the leadership of Hanegraaff, has significantly departed from its original mission (to counter the cults).
  • Hanegraaff has been accused of using CRI time and resources to promote his for-profit ventures (Memory Dynamics and Personal Witness Training).
  • Hanegraaff has been accused of plagiarizing two of the books sold through the aforementioned for-profit organizations.
Worldview Considerations
  • CRI ascribes to a sound, well-articulated, evangelical statement of faith.
  • CRI's doctrinal commitment is to "faithfully uphold the revealed truths of Holy Scripture."
  • CRI takes special care to distinguish between "in-house" doctrinal debates between Christians and debates over the essential doctrines of the faith.
  • CRI maintains that truth is objective and knowable.
  • CRI is careful to distinguish mainstream expressions of the Pentecostal/ Charismatic movement from the aberrant doctrinal positions and sensationalistic practices associated with the Word Faith movement and the "counterfeit revival."
  • CRI maintains that there is good historical evidence for some of the central claims of the Christian faith (e.g., that Jesus rose bodily from the dead).
  • CRI is a para-church organization which exists to support the work of the local church.

Analyst Comments [ Back to top ]

MinistryWatch.com’s Take
February 2004
By Andy Preslar, Rodney Pitzer and Michael Barrick



Defending the Faith
The Christian Research Institute (CRI) is a Christian apologetics ministry which exists in order to equip believers to defend orthodox, biblical Christianity through understanding the essentials of the faith and by identifying and answering false teaching. CRI carries out this mission via a daily radio program (“The Bible Answer Man”), book and magazine publications, and its website (www.equip.org). Dr. Walter Martin founded CRI in 1960. Since Dr. Martin’s death in 1989, Hank Hanegraaff has served as CRI president and host of the ministry’s “Bible Answer Man” radio program.

CRI is among the world’s largest Christian apologetics ministries. The term “apologetics” derives from the Greek word apologia, which means “verbal defense.” The word was often used in a legal sense to describe the act of making a defense in court. Christian apologetics is the discipline of defending the Christian faith (or some aspect of the faith) from whatever charges are levied against it. This can involve a variety of activities, including giving reasons for faith, pointing out the error of those who depart from the essentials of the faith, and rebutting objections to the faith.

The Essentials:
All of this presupposes, of course, that there are certain doctrines, which comprise the so-called “essentials of the faith.” An essential can be understood as any property, which is a necessary component of something, a property without which that thing would lose its identity (e.g., the property of “having three sides” is essential to being a triangle, anything that lacks this property is not a triangle). According to CRI, the essentials of the Christian faith include, but are not necessarily limited to, the following doctrines: (a) The absolute authority of Scripture (i.e., the Bible is inspired, infallible, and inerrant) (b) the triunity of the Godhead (one God in three persons, Father, Son, and Holy Spirit), (c) the two natures of Christ (Jesus is fully God and fully man), (d) man is a physical and a spiritual being (comprised of body and soul, and corrupted by sin in his whole being), (e) Jesus died to save man from sin, rose from the dead, and will return again (a substitutionary death, a bodily resurrection, and a visible return), and (f) the church is God’s ordained instrument for accomplishing his purposes in the world (headed by Christ and forming one body composed of all true believers). The denial of any of these doctrines constitutes a departure from orthodox Christianity. If Christianity, as a body of truth about God, man, and creation proposed for our belief, is to maintain its identity, the essentials cannot be compromised.

Accessible Arguments:
CRI exists to defend these and other essential doctrines. CRI maintains that the biblical basis for the discipline of apologetics is found in passages such as 2 Corinthians 10:5, 1 Peter 3:15, and Jude 3. Obedience to the commands found in these verses (“be ready to give a defense,” “contend earnestly for the faith”) is mandatory for the believer. CRI recognizes that apologetics can be a challenging (for some even daunting) enterprise. Thus, the organization “is committed to taking complex issues and making them understandable and accessible to the lay Christian.” Hanegraaff is an expert at memorization, and often uses mnemonic devices to help his readers and listeners grasp fundamental arguments for the faith (e.g., Hanegraaff’s book, The FACE that Demonstrates the Farce of Evolution, where the word “FACE” in an anagram which stands for Fossil record, Ape-men, Chance, and Empirical Science. Hanegraaff uses each of these categories to argue that macroevolution is implausible). Hanegraaff frequently communicates arguments and Christian evidences to his audience by using formulaic expressions. Some people say that this causes his answers to sound “canned.” It seems clear, however, that Hanegraaff’s purpose in communicating the way he does is, in part, to equip his audience with memorable and effective apologetic arguments. CRI is a researched-based ministry and avails itself and its audience of the best in evangelical scholarship. But it is also a ministry, which seeks to take the fruit of such scholarship from the lofty branches of academia and bring it within the reach of non-specialists.

A New Emphasis:
CRI has always been an apologetics ministry. The ministry’s primary objective over the first quarter-century of its existence (with Dr. Martin at the helm) was to combat the eroding influence of major cults (such as the Mormons, Jehovah’s Witnesses, and Christian Science). CRI is continuing in that work, but under the leadership of Hanegraaff the organization has become conspicuous for its criticisms of “Word Faith” theology (propagated by the likes of Kenneth Copeland and Benny Hinn) and the so-called “revival” occurring in places like Brownsville and Toronto (which is purportedly accompanied by phenomena such as uncontrollable “Holy Spirit laughter” and magically appearing gold fillings). Hanegraaff is the author of the award-winning books Christianity in Crisis (a stringent critique of the Word-Faith movement) and Counterfeit Revival. In these works (and frequently on the Bible Answer Man program) he argues that each of these movements presents grave dangers to individual Christians and to the historic Christian faith. Although a significant amount of time and resources have been devoted to these aberrations within Christendom (broadly speaking), it would be far from accurate to say that CRI has become a one-trick pony. The ministry continues to address all sorts of other issues relevant to apologetics, including the intelligent design/ naturalism debate, neo-theism, relativism, cults, and other religions.

CRI Resources:
CRI is best known for its Bible Answer Man (BAM) radio program. BAM is a daily, 60-minute call-in show hosted by Hanegraaff, who fields questions from both Christians and unbelievers on a wide variety of doctrinal and faith-related topics. Leading evangelical scholars are frequent guests on the program. BAM can be heard on radio stations across the country and online around the world each day. CRI’s other online resources include BAM archives, numerous articles, and an e-store, which features books, tapes, and videos on apologetic and theological issues. Finally, CRI publishes a high-quality quarterly journal, the Christian Research Journal, which features apologetics articles by top Christian scholars such as Francis Beckwith, Norman Geisler, Douglas Groothius, Gary Habermas, J. P. Moreland, Gene Edward Veith (and many others).

CRI Controversies:
Unfortunately, CRI has seen more than its share of controversies over the past decade or so. The transition of leadership responsibilities from Walter Martin to Hanegraaff was anything but smooth, being marked by infighting among staff members and a significant number of layoffs. CRI has continued to experience a high degree of staff turnover during Hanegraaff’s tenure as president. Additionally, CRI and Hanegraaff have drawn the ire of many people in the Christian community for their highly public criticisms of popular Word of Faith television evangelists and the Brownsville and Toronto revivalists (conversely, a great number of evangelicals have praised Hanegraaff for his doctrinal fortitude and personal courage in this matter).

The most recent controversy to trouble CRI is the finding of the ECFA. Recent questions about spending habits at the Christian Research Institute (CRI) by the Evangelical Council for Financial Accountability (ECFA) came about as a result of several employees of the California-based ministry contacting the ECFA in late 2002 and news stories that followed.

Ultimately, by mid-2003, the ECFA announced that it had discovered that CRI had “breached” three of ECFA’s Seven Standards of Responsible Stewardship – #2 (Board Governance), #4 (Use of Resources) and #6 (Conflicts of Interest).

And, in an article in Christianity Today magazine (http://www.christianitytoday.com/ct/2003/008/6.19.html) published in July, 2003, correspondent Marshall Allen reported the particular concerns of the individual who instigated the investigation included the following: (1) $66,000 of CRI money went to the purchase of a blue Lexus for Hanegraaff’s use; (2) receipts showing that thousands of dollars of CRI money went towards Hanegraaff’s and his wife Kathy’s personal expenses; (3) Hanegraaff’s rapidly escalating salary ($250,000+ in 2001 at an increase of 26.5% over the previous year). The ECFA report does not address the issue of Hanegraaff’s salary, but it does state that CRI has provided “significant reimbursement” for the suspect expenditures.

Though the ECFA claims that CRI has made needed changes, the ECFA refuses to reveal what steps CRI has taken. Instead, ECFA President Paul Nelson insisted, “Our credentials on what we do, and we’ve been doing it a long time, precluded the need to reveal details to the public.” Apparently, CRI shares this view, because it has refused repeated requests from Wall Watchers for an interview, and has ignored repeated phone calls and questions sent to it via email and registered U.S. Mail.

Ministry Statement or Response [ Back to top ]

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20082007200620052004
Return on FR Efforts9%12%18%14%20%0%
Fundraising Cost Ratio6%10%15%12%16%0%
Contributions Reliance83%89%84%85%81%0%
Fundraising Expense Ratio6%9%12%12%16%0%
Other Revenue Reliance17%11%16%15%19%0%
Operating RatiosDatabase Average20082007200620052004
Program Expense Ratio81%82%80%80%75%0%
Spending Ratio101%114%123%102%99%0%
Program Output Ratio82%94%98%82%75%0%
Savings Ratio-1%-14%-23%-2%1%0%
Reserve Accumulation Rate2%65%-450%-17%4%0%
General & Admin Ratio13%9%8%8%8%0%
Investing RatiosDatabase Average20082007200620052004
Total Asset Turnover2.62x2.28x2.12x1.58x1.34x0x
Degree of L-T Investment3x5.02x12.56x2.33x1.67x0x
Current Asset Turnover4.92x11.43x26.6x3.68x2.24x0x
Age of Assets9.6yr(s)4.8yr(s)3.3yr(s)0.0yr(s)2.1yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20082007200620052004
Current Ratio117.88x.26x.1x1.12x1.34x0x
Current Liabilities Ratio.32x3.9x10.3x.89x.74x0x
Liquid Reserve Level5.67x-3.04x-4.2x.35x1.37x0x
Solvency RatiosDatabase Average20082007200620052004
Liabilities Ratio.23x1.58x1.11x.81x.81x0x
Debt Ratio.06x.79x.28x.4x.34x0x
Reserve Coverage Ratio86%-19%4%13%14%0%

Financials[ Back to top ]

Balance Sheet
Assets20082007200620052004
Cash$307,717$34,862$1,829,344$3,355,171$568,179
Receivables, Inventories & Prepaids$262,187$238,507$326,328$215,098$332,005
Short-Term Investments$0$0$0$0$0
Total Current Assets$569,904$273,369$2,155,672$3,570,269$900,184
Long-Term Investments$0$0$0$0$0
Fixed Assets$2,287,909$3,156,240$2,802,680$2,367,100$2,581,107
Other Long-Term Assets$5,040$5,040$53,985$30,367$300,203
Total Long-Term Assets$2,292,949$3,161,280$2,856,665$2,397,467$2,881,310
TOTAL ASSETS$2,862,853$3,434,649$5,012,337$5,967,736$3,781,494
Liabilities20082007200620052004
Payables & Accrued Expenses$1,924,503$2,518,795$1,613,238$2,375,273$1,875,109
Other Current Liabilities$297,769$296,863$313,895$280,095$323,292
Total Current Liabilities$2,222,272$2,815,658$1,927,133$2,655,368$2,198,401
Debt$2,263,743$970,698$2,027,991$2,055,000$474,792
Other Long-Term Liabilities$37,000$22,756$83,286$103,668$1
Total Long-Term Liabilities$2,300,743$993,454$2,111,277$2,158,668$474,793
TOTAL LIABILITIES$4,523,015$3,809,112$4,038,410$4,814,036$2,673,194
Assets20082007200620052004
Unrestricted($1,660,162)($374,464)$973,927$1,153,700$1,108,300
Temporarily Restricted$0$0$0$0$0
Permanently Restricted$0$0$0$0$0
NET ASSETS($1,660,162)($374,464)$973,927$1,153,700$1,108,300
Revenue and Expenses
Revenue20082007200620052004
Total Contributions$5,076,547$5,002,971$6,591,940$6,512,344$7,098,914
Program Service Revenue$0$0$0$0$0
Membership Dues$0$0$0$0$0
Investment Income$30,089$253$53,165$1,011,088$985
Other Revenue$597,063$920,565$1,105,611$516,593$1,064,972
Total Other Revenue$627,152$920,818$1,158,776$1,527,681$1,065,957
TOTAL REVENUE$5,703,699$5,923,789$7,750,716$8,040,025$8,164,871
Expenses20082007200620052004
Program Services$5,364,726$5,782,300$6,367,121$6,011,193$6,418,364
Management & General$563,207$606,909$649,146$671,148$715,681
Fundraising$587,157$882,970$914,223$1,312,284$1,551,042
TOTAL EXPENSES$6,515,090$7,272,179$7,930,490$7,994,625$8,685,087
Change in Net Assets20082007200620052004
SURPLUS (DEFICIT)($811,391)($1,348,390)($179,774)$45,400($520,216)
Other Changes in Net Assets$0$0$0$0$0
TOTAL CHANGE IN NET ASSETS($811,391)($1,348,390)($179,774)$45,400($520,216)

Functional Expenses [ Back to top ]

Funding Ratios20082007200620052004
Grants & Allocations$0$0$0$0$0
Specific Assistance to Individuals$0$0$0$0$0
Benefits Paid To or For Members$0$0$0$0$0
Compensation of Officers, Directors$0$1,298,950$1,448,009$344,000$316,488
Other Salaries, Wages$1,450,698$0$0$1,076,420$1,304,923
Pension Plan Contributions$0$0$0$0$0
Other Employee Benefits$179,334$205,731$209,229$0$0
Payroll Taxes$77,914$90,590$86,545$95,937$92,950
Professional Fundraising Fees$0$0$0$359,543$582,368
Accounting Fees$0$0$0$80,536$116,086
Legal Fees$0$0$0$0$0
Supplies$83,121$26,111$133,544$142,590$119,394
Telephone$0$0$0$63,740$86,664
Postage & Shipping$441,820$395,854$499,709$908,643$928,428
Occupancy$0$0$0$0$0
Equipment Rental & Maintenance$0$0$0$136,556$151,734
Printing & Publications$3,191$45,438$37,505$235,877$237,410
Travel$60,248$36,827$0$67,392$60,117
Conferences, Conventions & Meetings$0$0$0$0$0
Interest$123,226$134,378$117,168$45,993$34,193
Depreciation, Depletion etc.$215,400$288,000$0$185,033$215,472
Other Expenses$3,880,138$4,750,300$5,398,781$4,252,365$4,438,860
Total Functional Expenses$6,515,090$7,272,179$7,930,490$7,994,625$8,685,087