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Doulos Ministries, Inc.

Rating
Sector:

Leadership Training

Total
Revenue:

$4,065,083

Total
Expenses:

$4,989,461

Net
Assets:

$6,716,122
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 83.7% 110.6%
General & Admin 12.6% 8.5%
Fundraising 6.8% 1.6%
Savings -4.3% -22.7%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

Doulos Ministries, Inc. ("Doulos") purpose is to produce leaders to share God’s truth in ministry, the business world and the home. Doulos provides leadership training through LeadTime, the primary discipleship training program, as well as Shelterwood, a residential treatment program, and The Sky's The Limit, an inner-city camp and training program. LeadTime takes college graduate aged men and women and trains them through Biblical studies, mentoring relationships and ministry experience. Shelterwood is a residential care facility with a two-fold purpose of training LeadTime students in leadership roles while providing counseling and support for teenagers and their families in a time of crisis. The Sky's The Limit provides a free Christian day camp experience for children to develop leadership from the inner city - for the inner city. Doulos is Greek for bondservant, and Doulos challenges its staff and students to become bondservants of Christ. Doulos was formed in 1974 and was originally called Richard Beach Evangelistic Association, but changed its name in 1985. 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:801 W. Mineral Avenue
Littleton, CO
80120-0120
Website: www.douloscorp.com
Phone:(303) 268-3010
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 237362463
CEO/President:   Tax Deductible: Yes
Chairman: Al Smith Fiscal Year End: August 31
Board Size: 6 Financial info from: 990
Founder: Member of ECFA: Yes
Year Founded: 1980 Member of ECFA since: 1995

Purpose [ Back to top ]

Doulos Ministries, Inc. ("Doulos") purpose is to produce leaders to share God’s truth in ministry, the business world and the home. Doulos provides leadership training through LeadTime, the primary discipleship training program, as well as Shelterwood, a residential treatment program, and The Sky's The Limit, an inner-city camp and training program. LeadTime takes college graduate aged men and women and trains them through Biblical studies, mentoring relationships and ministry experience. Shelterwood is a residential care facility with a two-fold purpose of training LeadTime students in leadership roles while providing counseling and support for teenagers and their families in a time of crisis. The Sky's The Limit provides a free Christian day camp experience for children to develop leadership from the inner city - for the inner city. Doulos is Greek for bondservant, and Doulos challenges its staff and students to become bondservants of Christ. Doulos was formed in 1974 and was originally called Richard Beach Evangelistic Association, but changed its name in 1985.

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 ]

Need Mission Statement

Program Accomplishments [ Back to top ]

Doulos describes its program accomplishments as follows:

LeadTime
20 students participated in LeadTime in 1999. 28 new students entered in September. Since 1980, LeadTime has graduated 429 students.

Shelterwood
65 families participated in Shelterwood in 1999 (25 in Branson, MO and 40 in Denver, CO). Since 1982, Shelterwood has helped restore 469 families.

The Sky's The Limit
1,726 campers came to The Sky's The Limit during 1999. 103 leaders were trained, 213 volunteers served from 16 mission groups. 12 Metro schools brought 773 students to the Denver facility for esteem-building activities. Since 1986, The Sky's The Limit has served 16,069 campers and trained 1,217 leaders.

Statement of Faith [ Back to top ]

Doulos uses the following to express its statement of faith:

In the verbal, plenary inspiration of the Bible and that it is the supreme and final authority for faith and life.

In the Unity and trinity of the Godhead; Father, Son, and Holy Spirit. These three Persons are one God, having precisely the same nature, attributes, and perfections.

In Jesus Christ, God's only begotten Son, our sole Mediator; we believe further in His eternal existence as God, His incarnations and virgin birth, His sinless life, His death on the cross as the substitutionary atonement for sin, His literal, bodily resurrection from the dead, His present ministry of intercession in Heaven, and His personal, future return to earth.

In the Holy Spirit, His personality, and His activity in regeneration, sanctification, and preservation.

That man was created in the image of God, that he sinned in Adam, and that he is now a sinner by nature and by choice.

In salvation by grace through faith in Jesus Christ, apart from human merit, works, or ceremonies.

That the church is the spiritual body of which Christ is the Head and that there is a twofold aspect to the church, the universal and the local.

In the resurrection of the human body; the eternal existence of all men either in heaven or Hell; in divine judgments, rewards, and punishments.

That we are under obligation to contend earnestly for the faith once delivered to the saints.

History [ Back to top ]

Need History Info

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 3:41:49 PM: Organization made financial information available greater than 7 ½ months.
Financial Information:100
Foundational Clarity:10010/28/2011 3:41:54 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 RankLeadership Training Sector
Overall Efficiency RatingStarStarStar166 of 348    9 of 16
Fund Acquisition DecisionStarStarStar166 of 348      9 of 16
Resource Allocation Decision of 348      2 of 16
Asset Utilization Decision of 348      2 of 16
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Ministry Statement or Response [ Back to top ]

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20102009200820072006
Return on FR Efforts10%5%7%5%6%7%
Fundraising Cost Ratio7%2%5%3%3%4%
Contributions Reliance83%33%76%61%59%58%
Fundraising Expense Ratio7%1%6%5%3%4%
Other Revenue Reliance17%67%24%39%41%42%
Operating RatiosDatabase Average20102009200820072006
Program Expense Ratio80%90%84%82%85%86%
Spending Ratio104%123%88%56%95%96%
Program Output Ratio84%111%73%47%81%83%
Savings Ratio-4%-23%12%44%5%4%
Reserve Accumulation Rate4%-14%10%52%6%5%
General & Admin Ratio13%9%11%12%12%9%
Investing RatiosDatabase Average20102009200820072006
Total Asset Turnover2.85x.32x.36x.42x.96x.96x
Degree of L-T Investment3.06x17.45x20.28x9.91x8.19x1.96x
Current Asset Turnover5.43x5.66x7.36x4.2x7.84x1.88x
Age of Assets10.5yr(s)2.6yr(s)4.3yr(s)4.6yr(s)7.1yr(s)10.9yr(s)
Liquidity RatiosDatabase Average20102009200820072006
Current Ratio3276.63x.17x.12x.78x1.22x12.28x
Current Liabilities Ratio.38x5.94x8.31x1.29x.82x.08x
Liquid Reserve Level4.95x-10.47x-11.92x-.82x.28x5.88x
Solvency RatiosDatabase Average20102009200820072006
Liabilities Ratio.3x.56x.51x.37x.18x.14x
Debt Ratio.07x.22x.1x.24x.08x.1x
Reserve Coverage Ratio81%135%135%149%85%90%

Financials[ Back to top ]

Balance Sheet
Assets20102009200820072006
Cash$355,720$177,466$637,017$47,328$67,148
Receivables, Inventories & Prepaids$93,651$369,617$456,437$344,908$851,854
Short-Term Investments$432,344$223,344$0$100,971$927,309
Total Current Assets$881,715$770,427$1,093,454$493,207$1,846,311
Long-Term Investments$0$0$0$0$0
Fixed Assets$14,498,955$14,852,438$9,301,165$3,264,884$1,638,096
Other Long-Term Assets$5,949$0$439,417$281,756$140,843
Total Long-Term Assets$14,504,904$14,852,438$9,740,582$3,546,640$1,778,939
TOTAL ASSETS$15,386,619$15,622,865$10,834,036$4,039,847$3,625,250
Liabilities20102009200820072006
Payables & Accrued Expenses$707,289$1,187,895$1,401,007$398,758$143,838
Other Current Liabilities$4,526,388$5,215,090$4,867$5,836$6,456
Total Current Liabilities$5,233,677$6,402,985$1,405,874$404,594$150,294
Debt$3,405,310$1,552,705$2,560,528$313,930$348,519
Other Long-Term Liabilities$31,510$28,338$28,792$27,265$24,780
Total Long-Term Liabilities$3,436,820$1,581,043$2,589,320$341,195$373,299
TOTAL LIABILITIES$8,670,497$7,984,028$3,995,194$745,789$523,593
Assets20102009200820072006
Unrestricted$6,709,594$7,624,554$3,451,719$3,118,073$1,253,181
Temporarily Restricted$6,528$14,283$3,387,123$175,985$1,848,476
Permanently Restricted$0$0$0$0$0
NET ASSETS$6,716,122$7,638,837$6,838,842$3,294,058$3,101,657
Revenue and Expenses
Revenue20102009200820072006
Total Contributions$1,353,238$4,936,386$4,930,945$2,411,569$2,096,534
Program Service Revenue$2,711,046$1,505,625$1,547,415$1,597,648$1,489,569
Membership Dues$0$0$0$0$0
Investment Income$799$27,628$1,658,828$47,588$37,780
Other Revenue$0$0$0$0$0
Total Other Revenue$2,711,845$1,533,253$3,206,243$1,645,236$1,527,349
TOTAL REVENUE$4,065,083$6,469,639$8,137,188$4,056,805$3,623,883
Expenses20102009200820072006
Program Services$4,496,949$4,741,625$3,788,134$3,266,027$2,995,566
Management & General$426,147$598,312$560,942$463,878$328,805
Fundraising$66,365$329,707$243,328$134,499$139,120
TOTAL EXPENSES$4,989,461$5,669,644$4,592,404$3,864,404$3,463,491
Change in Net Assets20102009200820072006
SURPLUS (DEFICIT)($924,378)$799,995$3,544,784$192,401$160,392
Other Changes in Net Assets$0$0$0$0$0
TOTAL CHANGE IN NET ASSETS($924,378)$799,995$3,544,784$192,401$160,392