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Freedom in Christ Ministries

Rating
Sector:

Evangelism Support

Total
Revenue:

$1,528,877

Total
Expenses:

$1,539,571

Net
Assets:

$129,200
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
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$5m
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Summary

The vision of Freedom in Christ Ministries ("FCM") is to boldly and strategically resource leaders world-wide to establish the Church free in Christ.

Since its inception, FCM has had the privilege of seeing thousands of changed lives around the world. Priority is given to resourcing pastors, church leaders, missionaries, and those in parachurch ministry in all parts of the world so they may be able to teach others. Churches, mission groups, ministries, Bible colleges, and entire denominations have been equipped and encouraged. FCM continues to expand and currently has staff in Arizona, Arkansas, California, Colorado, Georgia, Indiana, Minnesota, North Carolina and Tennessee as well as Canada, Switzerland, and India.

Contact Information: [ Back to top ]

Mailing Address:9051 Executive Park Drive Suite 503
Knoxville, TN
37923-7923
Website: www.ficm.org
Phone:(865) 342-4000, (866) 462-4747
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 330361836
CEO/President: Dr. Joseph C. Wasmond Tax Deductible: Yes
Chairman: Dr. Russell L. French Fiscal Year End: December 31
Board Size: 9 Financial info from:
Founder: Dr. Neil T. Anderson Member of ECFA: Yes
Year Founded: 1989 Member of ECFA since: 1998

Purpose [ Back to top ]

Freedom in Christ Ministries is an international, interdenominational ministry which exists to glorify God by prayerfully and strategically equipping and resourcing churches, Christian organizations and mission groups, in keeping with the Great Commandment in order to accomplish the Great Commission.

One of the major purposes of Freedom in Christ Ministries is to help individual Christians, churches and ministries resolve their personal and spiritual conflicts through genuine repentance. This requires a whole answer which takes into account the reality of the spiritual world, personal responsibility, the authority of Scripture, and the work of the Holy Spirit who will bring conviction and lead us into truth which will set us free.

Mission Statement [ Back to top ]

Freedom in Christ Ministries uses the following to express its mission:

"The mission of Freedom is to equip and resource the Body of Christ to be alive and free in Him."

Program Accomplishments [ Back to top ]

More than 3 million adults have been reached through Freedom in Christ Ministries' conferences, resources, and multi-lingual staff in over 60 countries.

500,000 youth have been ministered to through the Youth Ministry.

Over 2 million copies of "Victory Over the Darkness" and "The Bondage Breaker" have been sold.

The ministry publishes more than 90 resources.

The ministry resources are published in 35 languages including Arabic, Chinese, French, German, Korean, Japanese, Portuguese, Spanish and Russian.

There are currently ministry offices in 6 strategic countries: Australia, Switzerland, India, Canada, United States and the United Kingdom.

Ministry offices are being developed in the following countries: Venezuela, Malaysia, New Zealand, Nigeria, Liberia and Ivory Coast.

Statement of Faith [ Back to top ]

    Freedom in Christ Ministries uses the following to express its Statement of Faith:

  • The Bible is the inspired, infallible, and only authoritative word of God.
  • There is one true God, eternally existing in three persons--Father, Son, and Holy Spirit--each of whom possesses equally all the attributes of Deity and the characteristics of personality.
  • Jesus Christ is God, the living Word, who became flesh through His miraculous conception by the Holy Spirit and His virgin birth. Hence, He is perfect Deity and true humanity united in one person forever.
  • He lived a sinless life and voluntarily atoned for the sins of men by dying on the cross as their substitute, thus satisfying divine justice and accomplishing salvation for all who trust in Him alone.
  • He rose from the dead in the same body, though glorified, in which He lived and died.
  • He ascended bodily into heaven and sat down at the right hand of God the Father, where He, the only mediator between God and man, continually makes intercession for His own.
  • Man was originally created in the image of God. He sinned by disobeying God; thus, he was alienated from his Creator. That historical fall brought all mankind under divine condemnation.
  • Man’s nature is corrupted, and he is thus totally unable to please God. Every man is in need of regeneration and renewal by the Holy Spirit.
  • The salvation of man is wholly a work of God’s free grace and is not the work, in whole or in part, of human works or goodness or religious ceremony. God imputes His righteousness to those who put their faith in Christ alone for their salvation, and thereby justifies them in His sight.
  • It is the privilege of all who are born again of the Spirit to be assured of their salvation from the very moment in which they trust Christ as their Savior. This assurance is not based upon any kind of human merit, but is produced by the witness of the Holy Spirit, who confirms in the believer the testimony of God in His written Word.
  • The Holy Spirit has come into the world to reveal and glorify Christ and to apply the saving work of Christ to men. He convicts and draws sinners to Christ, imparts new life to them, continually indwells them from the moment of spiritual birth, and seals them until the day of redemption. His fullness, power, and control are appropriated in the believer’s life by faith.
  • Every believer is called to live so in the power of the indwelling Spirit that he will not fulfill the lust of the flesh, but will bear fruit to the glory of God.
  • Jesus Christ is the Head of the Church, His Body, which is composed of all men, living and dead, who have been joined to Him through saving faith.
  • God admonishes His people to assemble together regularly for worship, for participation in ordinances, for edification through the Scriptures, and for mutual encouragement.
  • At physical death the believer enters immediately into eternal, conscious fellowship with the Lord and awaits the resurrection of his body to everlasting glory and blessing.
  • At physical death the unbeliever enters immediately into eternal, conscious separation from the Lord and awaits the resurrection of his body to everlasting judgment and condemnation.
  • Jesus Christ will come again to the earth--personally, visibly, and bodily--to consummate history and the eternal plan of God.
  • The Lord Jesus Christ commanded all believers to proclaim the gospel throughout the world and to disciple men of every nation. The fulfillment of that Great Commission requires that all worldly and personal ambitions be subordinated to a total commitment to "Him who loved us and gave Himself for us."

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

This ministry has not been rated

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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:

Financials[ Back to top ]

Balance Sheet
Assets20042003200220012000
Cash$190,479$168,200$71,873$233,157$225,373
Receivables, Inventories & Prepaids$52,701$46,189$42,191$58,781$60,734
Short-Term Investments$0$0$0$0$3,206
Other Current Assets$0$0$0$0$0
Total Current Assets$243,180$214,389$114,064$291,938$289,313
Long-Term Investments$0$0$0$0$0
Fixed Assets$52,385$72,486$21,842$27,565$48,686
Other Long-Term Assets$0$0$0$0$0
Total Long-Term Assets$52,385$72,486$21,842$27,565$48,686
TOTAL ASSETS$295,565$286,875$135,906$319,503$337,999
Liabilities20042003200220012000
Payables & Accrued Expenses$130,303$93,881$133,305$98,560$71,664
Other Current Liabilities$36,062$53,100$0$0$0
Total Current Liabilities$166,365$146,981$133,305$98,560$71,664
Debt$0$0$0$0$0
Due To (From) Affiliates$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$166,365$146,981$133,305$98,560$71,664
Assets20042003200220012000
Unrestricted$82,502$90,656($18,920)$173,957$214,448
Temporarily Restricted$46,698$49,238$21,521$46,986$51,887
Permanently Restricted$0$0$0$0$0
NET ASSETS$129,200$139,894$2,601$220,943$266,335
Revenue and Expenses
Revenue20042003200220012000
Total Contributions$1,181,752$1,234,802$845,182$873,326$828,203
Program Service Revenue$338,207$247,155$394,699$566,094$762,647
Membership Dues$0$0$0$0$0
Investment Income$1,744$342$385$3,372$6,902
Other Revenue$7,174$6,103$7,875$9,645$13,009
Total Other Revenue$347,125$253,600$402,959$579,111$782,558
TOTAL REVENUE$1,528,877$1,488,402$1,248,141$1,452,437$1,610,761
Expenses20042003200220012000
Program Services$1,102,953$1,035,299$1,120,827$889,267$1,211,519
Management & General$237,057$230,462$268,021$559,713$359,599
Fundraising$199,561$85,348$77,635$48,849$53,321
TOTAL EXPENSES$1,539,571$1,351,109$1,466,483$1,497,829$1,624,439
Change in Net Assets20042003200220012000
SURPLUS (DEFICIT)($10,694)$137,293($218,342)($45,392)($13,678)
Other Changes in Net Assets$0$0$0$0$0
TOTAL CHANGE IN NET ASSETS($10,694)$137,293($218,342)($45,392)($13,678)