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English Language Institute in China

Rating
Sector:

Community Development

Total
Revenue:

$13,813,000

Total
Expenses:

$13,864,000

Net
Assets:

$3,712,000
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 83.7% 80.8%
General & Admin 12.6% 11.3%
Fundraising 6.8% 8.1%
Savings -4.3% -.3%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

English Language Institute in China ("ELIC") strives to provide qualified teams to teach "English as a Foreign Language" in various institutions in China, Mongolia, Laos and Vietnam. ELIC is primarily funded through gifts from individuals, foundations and other organizations.

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:1629 Blue Spruce Dr
Fort Collins, CO
80524-0524
Website: www.elic.org
Phone:(970) 530-3800
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 953551085
CEO/President: Mr. Tim Davis Tax Deductible: Yes
Chairman: Mr. Phil Hubbard Fiscal Year End: July 31
Board Size: 13 Financial info from: 990
Founder: Member of ECFA: Yes
Year Founded: 1981 Member of ECFA since: 1989

Purpose [ Back to top ]

English Language Institute in China ("ELIC") strives to provide qualified teams to teach "English as a Foreign Language" in various institutions in China, Mongolia, Laos and Vietnam. ELIC is primarily funded through gifts from individuals, foundations and other organizations.

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 ]

ELIC uses the following to express its mission:

ELIC exists to serve the people of Asia by providing English language teaching teams to educational institutions throughout the countries of China, Mongolia, Vietnam, Laos, Cambodia and Myanmar.

Program Accomplishments [ Back to top ]

Asia education: Qualified English teachers for various host institutions of the Asian governments were provided. Other programs: Potential teacher candidates were educated and informed of the needs and opportunities in Asia for qualified English teachers.

Statement of Faith [ Back to top ]

WallWatchers has requested this information from ministry and will posted promptly when received

History [ Back to top ]

ELIC traces its history to 1979, a few brief months after contact with the State Bureau of Foreign Experts was established and relations between China and the U.S. were normalized. In 1982, the first six ELIC teachers taught English in China. In 2002, over 1000 Christians served with ELIC in six different Asian countries providing English training for the summer throughout the academic year.

In 1985, ELIC introduced the China Summer Teaching Program, and the first 60 participants left North America their lives to the people of China.The China Summer Teaching Program has become a strategic component to the success of all ELIC Asia-based teaching programs. The Chinese government views this program as a key initiative: to bring the English language to young students through the training of Chinese school teachers. These teachers need on-going training to master the elements of the English language, and that’s where the Summer Teaching Program comes in. This ELIC program provides intensive English training to the Chinese English teachers through a well-written curriculum. Once the Chinese teachers complete the summer course, they are officially certified to continue teaching English for four years.

ELIC began sending summer English teachers to China's northern neighbor in 1991, with a team of ten to Ulaanbaatar, Mongolia's capital city. This opportunity arose out of internal political changes within Mongolia which released the Mongolian people from Russian dominance and reliance on the Russian language. The Mongolian government turned to North America for assistance to help make English their primary second language. Since 1994, ELIC provided teachers each summer for the Mongolia Summer English Olympics, where 300 to 400 Mongolian university students were coached in a national competition of spoken English.

ELIC teachers have distinguished themselves in their personal and professional conduct to such an extent that Chinese and Mongolian officials have repeatedly requested increases in personnel and programs. Currently our China Summer Teaching Program is the only foreign program recognized across China for continuing education credit for Chinese teachers.

Ministry Needs [ Back to top ]

English Language Institute in China offers well-designed programs for college students of all majors, professionals of all backgrounds, and early retirees. No foreign language is required. Minimal to no teaching experience is required.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria categoryGradeOther Comments
Timeliness:100
Financial Information:100
Foundational Clarity:
Level of Cooperation:100Proactive in offering information
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankCommunity Development Sector
Overall Efficiency RatingStarStarStar204 of 348    12 of 26
Fund Acquisition DecisionStarStarStar204 of 348      12 of 26
Resource Allocation Decision of 348      25 of 26
Asset Utilization Decision of 348      25 of 26
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Ministry Statement or Response [ Back to top ]

This organization has not offered MinistryWatch.com with an official statement or response for their profile. This area is meant as a mechanism for the profiled ministry to communicate anything they may choose. It is open ended as to the topic, issues, facts or news to address. It is not negative if there is no official statement as many don’t have anything to add than what is already on the profile. This section is not tied to transparency or to communication in general. Many very open and talkative ministries with us choose not to post an official statement. This section is just an open ended offering to the profiled ministry for anything extra to say as they may choose.

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20102009200820072006
Return on FR Efforts10%9%12%10%11%11%
Fundraising Cost Ratio7%8%11%7%9%9%
Contributions Reliance83%96%97%77%80%80%
Fundraising Expense Ratio7%8%10%9%8%9%
Other Revenue Reliance17%4%3%23%20%20%
Operating RatiosDatabase Average20102009200820072006
Program Expense Ratio80%81%76%81%80%81%
Spending Ratio104%100%116%81%105%101%
Program Output Ratio84%81%89%66%84%81%
Savings Ratio-4%0%-16%19%-5%-1%
Reserve Accumulation Rate4%-1%-57%74%-48%-5%
General & Admin Ratio13%11%14%9%11%11%
Investing RatiosDatabase Average20102009200820072006
Total Asset Turnover2.85x1.54x1.62x1.64x3.11x3.9x
Degree of L-T Investment3.06x4.13x4.27x2.04x4.19x2.79x
Current Asset Turnover5.43x6.35x6.93x3.35x13.03x10.88x
Age of Assets10.5yr(s)3.1yr(s)3.5yr(s)16yr(s)21.6yr(s)21.9yr(s)
Liquidity RatiosDatabase Average20102009200820072006
Current Ratio3276.63x1.02x.92x2.1x.68x.94x
Current Liabilities Ratio.38x.98x1.09x.48x1.47x1.07x
Liquid Reserve Level4.95x.04x-.15x1.87x-.43x-.07x
Solvency RatiosDatabase Average20102009200820072006
Liabilities Ratio.3x.59x.61x.47x.71x.44x
Debt Ratio.07x.35x.35x.15x.32x.06x
Reserve Coverage Ratio81%27%24%32%9%14%

Financials[ Back to top ]

Balance Sheet
Assets20102009200820072006
Cash$1,284,000$1,944,000$3,011,000$967,000$1,114,000
Receivables, Inventories & Prepaids$899,000$313,000$2,517,000$320,000$370,000
Short-Term Investments$0$0$0$0$0
Total Current Assets$2,183,000$2,258,000$5,529,000$1,288,000$1,485,000
Long-Term Investments$48,000$47,000$162,000$32,000$26,000
Fixed Assets$6,467,000$6,978,000$5,535,000$3,936,000$2,498,000
Other Long-Term Assets$330,000$357,000$44,000$144,000$129,000
Total Long-Term Assets$6,846,000$7,383,000$5,742,000$4,113,000$2,655,000
TOTAL ASSETS$9,030,000$9,641,000$11,271,000$5,401,000$4,140,000
Liabilities20102009200820072006
Payables & Accrued Expenses$1,726,000$1,744,000$2,637,000$1,889,000$1,582,000
Other Current Liabilities$415,000$711,000$0$0$0
Total Current Liabilities$2,142,000$2,455,000$2,637,000$1,889,000$1,582,000
Debt$3,174,000$3,422,000$1,715,000$1,750,000$250,000
Other Long-Term Liabilities$0$0$899,000$200,000$0
Total Long-Term Liabilities$3,174,000$3,422,000$2,615,000$1,950,000$250,000
TOTAL LIABILITIES$5,317,000$5,877,000$5,253,000$3,839,000$1,832,000
Assets20102009200820072006
Unrestricted$875,000$1,168,000$1,803,000$1,365,000$1,893,000
Temporarily Restricted$2,837,000$2,595,000$4,214,000$195,000$414,000
Permanently Restricted$0$0$0$0$0
NET ASSETS$3,712,000$3,764,000$6,018,000$1,561,000$2,308,000
Revenue and Expenses
Revenue20102009200820072006
Total Contributions$13,270,000$13,090,000$17,798,000$12,857,000$12,914,000
Program Service Revenue$501,000$406,000$3,249,000$3,167,000$3,113,000
Membership Dues$0$0$0$0$0
Investment Income$35,000($19,000)$1,928,000$10,000$19,000
Other Revenue$6,000$2,000$0$0$5,000
Total Other Revenue$543,000$389,000$5,178,000$3,178,000$3,137,000
TOTAL REVENUE$13,813,000$13,479,000$22,976,000$16,036,000$16,052,000
Expenses20102009200820072006
Program Services$11,164,000$11,937,000$15,063,000$13,498,000$13,021,000
Management & General$1,571,000$2,186,000$1,734,000$1,917,000$1,715,000
Fundraising$1,129,000$1,518,000$1,722,000$1,367,000$1,428,000
TOTAL EXPENSES$13,864,000$15,642,000$18,520,000$16,783,000$16,165,000
Change in Net Assets20102009200820072006
SURPLUS (DEFICIT)($51,000)($2,163,000)$4,456,000($746,000)($113,000)
Other Changes in Net Assets$0$0$0$0$0
TOTAL CHANGE IN NET ASSETS($51,000)($2,163,000)$4,456,000($746,000)($113,000)