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CSI Ministries, Inc.

Rating
Sector:

Evangelism Support

Total
Revenue:

$1,660,762

Total
Expenses:

$2,358,429

Net
Assets:

$1,743,418
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 83.7% 110.2%
General & Admin 12.6% 16.2%
Fundraising 6.8% 8.6%
Savings -4.3% -42%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

CSI Ministries, Inc. ("CSI") organizes groups to assist missionaries and other religious organizations with the construction and repair of missionaries’ physical facilities. CSI ministers to the soul through evangelism, Vacation Bible Schools, music, and building churches; to the mind by building schools, providing school desks, books, school supplies, and other equipment; to the body through medical and dental teams and as a channel through which thousands of dollars in medicines, medical supplies, and equipment are sent to hospitals, clinics, and doctors. CSI organizes work projects, music concerts, Vacation Bible Schools, and medical/dental teams. CSI operates both overseas and at home, upon the request of mission agencies, national churches, and other organizations needing assistance. CSI organizes travel to the mission field for teams and provides all equipment, materials, housing, and transportation. CSI channels materials and funds from donors to churches, schools, hospitals, and other needs overseas and at home. CSI provides missionary speakers for churches and conducts mission conferences. CSI is a Kentucky based interdenominational Christian service organization. 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: [ Back to top ]

Mailing Address:1714 Royale Dr.
Muncie, IN
47304-2240
Website: www.csiministries.org
Phone:(765) 286-0711
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 616043037
CEO/President: Mr. John Key Tax Deductible: Yes
Chairman: Mr. Spencer Pittman Fiscal Year End: July 31
Board Size: 10 Financial info from: 990
Founder: Member of ECFA: Yes
Year Founded: 1966 Member of ECFA since: 1997

Purpose [ Back to top ]

CSI Ministries, Inc. ("CSI") organizes groups to assist missionaries and other religious organizations with the construction and repair of missionaries’ physical facilities. CSI ministers to the soul through evangelism, Vacation Bible Schools, music, and building churches; to the mind by building schools, providing school desks, books, school supplies, and other equipment; to the body through medical and dental teams and as a channel through which thousands of dollars in medicines, medical supplies, and equipment are sent to hospitals, clinics, and doctors.

CSI organizes work projects, music concerts, personal evangelism programs, Vacation Bible Schools, and medical/dental teams. CSI operates both overseas and at home, upon the request of mission agencies, national churches, and other organizations needing assistance. CSI organizes travel to the mission field for teams and provides all equipment, materials, housing, and transportation. CSI channels materials and funds from donors to churches, schools, hospitals, and other needs overseas and at home. CSI provides missionary speakers for churches and conducts mission conferences.

CSI is a Kentucky interdenominational Christian service organization. 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 [ Back to top ]

CSI Ministries, Inc. uses the following to communicate its mission:

The mission of Christian Service International (CSI) is to share the redeeming Gospel of Jesus Christ throughout the world. To fulfill our mission, we:

**Provide first hand mission experiences for individuals and groups, promoting a Christlike vision for the world.

**Initiate and develop opportunities which encourage discipleship among team members.

**Challenge team participants to personally consider God’s call to missions in their lives.

**Assist local churches in creating a missions awareness; planning and implementing missions efforts; and motivating the congregation to action.

**Strive to meet the spiritual, physical, educational and social needs of individuals, churches, and other mission agencies by channeling resources to the field.

CSI desires to establish specific ministries on the field, and enhance trust and mutual respect among those with whom we minister.

Program Accomplishments [ Back to top ]

Mission support costs to supervise construction and volunteer coordination.

Cost of building materials and supplies used to build or repair schools, churches and other projects in Jamaica, Haiti and the Continental US.

Missionary work groups: Costs of airfare, ground transportation, food and occupancy for missionary volunteers while working on projects.

Statement of Faith [ Back to top ]

CSI Ministries uses the following to communicate its faith:

We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
We believe there is only one God, eternally existent in three persons - Father, Son and Holy Spirit.
We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.
We believe that for the salvation of lost sinful man regeneration by the Holy Spirit is absolutely essential.
We believe in the present ministry of the Holy Spirit by whose indwelling the Christian in 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 resurrection of damnation.
We believe that the Church is the body of Christ, that all who are united by faith to Christ are members of the same, and that, having thus become members one of another, it is our solemn and covenant duty to fellowship with one another in peace, and to love one another with pure and fervent hearts.

History [ Back to top ]

CSI Ministries is the product of a vision received by an evangelist in 1963. This missionary promoted missions by showing people first-hand what God was doing to get His Word to a lost world. In 1978 the entire ministry of CSI was turned over to Eddy Cline, and the International Headquarters was moved to Muncie, IN, where he and his wife Shirley operated the ministry out of their home. By 1987 the ministry had grown significantly, and CSI purchased a new office building.

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:7010/28/2011 3:28:13 PM: Organization made financial information available greater than 7 ½ months.
Financial Information:100
Foundational Clarity:10010/28/2011 3:28:17 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 RankEvangelism Support Sector
Overall Efficiency RatingStarStarStar196 of 348    22 of 37
Fund Acquisition DecisionStarStarStar196 of 348      23 of 37
Resource Allocation Decision of 348      20 of 37
Asset Utilization Decision of 348      20 of 37
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Ministry Statement or Response [ Back to top ]

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20092008200720062005
Return on FR Efforts10%8%8%7%8%0%
Fundraising Cost Ratio7%9%8%7%8%0%
Contributions Reliance83%106%99%98%99%0%
Fundraising Expense Ratio7%6%8%8%7%0%
Other Revenue Reliance17%-6%1%2%1%0%
Operating RatiosDatabase Average20092008200720062005
Program Expense Ratio80%78%78%61%69%0%
Spending Ratio104%142%94%87%111%0%
Program Output Ratio84%110%74%53%76%0%
Savings Ratio-4%-42%6%13%-11%0%
Reserve Accumulation Rate4%-40%5%13%-9%0%
General & Admin Ratio13%16%14%31%24%0%
Investing RatiosDatabase Average20092008200720062005
Total Asset Turnover2.85x1.31x.84x.86x.89x0x
Degree of L-T Investment3.06x2.81x3.09x3.03x4.37x0x
Current Asset Turnover5.43x3.68x2.59x2.62x3.89x0x
Age of Assets10.5yr(s)8.2yr(s)8yr(s)7.9yr(s)6.7yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20092008200720062005
Current Ratio3276.63x10.67x28.13x44.01x24.32x0x
Current Liabilities Ratio.38x.09x.04x.02x.04x0x
Liquid Reserve Level4.95x2.96x4.47x4.47x2.96x0x
Solvency RatiosDatabase Average20092008200720062005
Liabilities Ratio.3x.03x.01x.01x.01x0x
Debt Ratio.07x0x0x0x0x0x
Reserve Coverage Ratio81%74%118%115%111%0%

Financials[ Back to top ]

Balance Sheet
Assets20092008200720062005
Cash$134,064$571,974$595,069$415,483$949,510
Receivables, Inventories & Prepaids$91,428$221,759$176,317$53,118$6,901
Short-Term Investments$415,756$0$0$0$0
Total Current Assets$641,248$793,733$771,386$468,601$956,411
Long-Term Investments$21,221$531,510$518,565$471,367$0
Fixed Assets$1,141,027$1,123,442$1,050,964$1,108,171$1,163,921
Other Long-Term Assets$0$0$0$0$0
Total Long-Term Assets$1,162,248$1,654,952$1,569,529$1,579,538$1,163,921
TOTAL ASSETS$1,803,496$2,448,685$2,340,915$2,048,139$2,120,332
Liabilities20092008200720062005
Payables & Accrued Expenses$60,078$28,215$17,529$19,272$1,256
Other Current Liabilities$0$0$0$0$0
Total Current Liabilities$60,078$28,215$17,529$19,272$1,256
Debt$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$60,078$28,215$17,529$19,272$1,256
Assets20092008200720062005
Unrestricted$1,162,950$1,205,564$1,231,402$1,356,401$1,254,081
Temporarily Restricted$122,338$756,776$633,854$214,336$398,547
Permanently Restricted$458,130$458,130$458,130$458,130$466,448
NET ASSETS$1,743,418$2,420,470$2,323,386$2,028,867$2,119,076
Revenue and Expenses
Revenue20092008200720062005
Total Contributions$1,762,877$2,161,936$2,281,119$1,632,886$1,462,013
Program Service Revenue$0$0$0$0$0
Membership Dues$0$0$0$0$0
Investment Income($114,141)$15,306$36,068$14,083$9,149
Other Revenue$12,026$0$0$0$0
Total Other Revenue($102,115)$15,306$36,068$14,083$9,149
TOTAL REVENUE$1,660,762$2,177,242$2,317,187$1,646,969$1,471,162
Expenses20092008200720062005
Program Services$1,831,529$1,603,277$1,234,164$1,248,258$1,136,398
Management & General$382,651$281,179$627,252$445,028$223,148
Fundraising$144,249$170,370$161,252$128,876$31,286
TOTAL EXPENSES$2,358,429$2,054,826$2,022,668$1,822,162$1,390,832
Change in Net Assets20092008200720062005
SURPLUS (DEFICIT)($697,667)$122,416$294,519($175,193)$80,330
Other Changes in Net Assets$0($25,332)$0$0$0
TOTAL CHANGE IN NET ASSETS($697,667)$97,084$294,519($175,193)$80,330