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Intervarsity Christian Fellowship/USA

Rating
Sector:

Fellowship Evangelism

Total
Revenue:

$84,003,000

Total
Expenses:

$82,256,000

Net
Assets:

$39,747,000
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 83.7% 83.2%
General & Admin 12.6% 7.9%
Fundraising 6.8% 6.8%
Savings -4.3% 2%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

InterVarsity Christian Fellowship/USAź is an evangelical campus mission serving more than 35,000 students and faculty on more than 560 college and university campuses nationwide. Incorporated in 1941, InterVarsity has a rich tradition of campus witness, thoughtful discipleship, and a concern for world missions.

Intervarsity Christian Fellowship/USA is a nonprofit organization and contributions to it are fully tax deductible to the extent allowed by law. In addition, it is a member of the Evangelical Council for Financial Accountability (ECFA).

Contact Information: [ Back to top ]

Mailing Address:6400 Schroeder Road (53711) PO Box 7895
Madison, WI
53707-7895
Website: www.intervarsity.org
Phone:(608) 274-9001, (608) 274-9001
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 362171714
CEO/President: Mr. Alexander D. Hill Tax Deductible: Yes
Chairman: Mr. Kenneth Nielsen Fiscal Year End: June 30
Board Size: 19 Financial info from: 990
Founder: Mr. Stacey Woods Member of ECFA: Yes
Year Founded: 1941 Member of ECFA since: 1980

Purpose [ Back to top ]

InterVarsity Christian Fellowship/USAź is an evangelical campus mission serving more than 35,000 students and faculty on more than 560 college and university campuses nationwide. Incorporated in 1941, InterVarsity has a rich tradition of campus witness, thoughtful discipleship, and a concern for world missions.

Intervarsity Christian Fellowship/USA is a nonprofit organization and contributions to it are fully tax deductible to the extent allowed by law. In addition, it is a member of the Evangelical Council for Financial Accountability (ECFA).

Mission Statement [ Back to top ]

InterVarsity Christian Fellowship communicates its Purpose Statement as the following:

In response to God's love, grace and truth:

The Purpose of InterVarsity Christian Fellowship/USA is to establish and advance at colleges and universities witnessing communities of students and faculty who follow Jesus as Savior and Lord: growing in love for God, God's Word, God's people of every ethnicity and culture and God's purposes in the world.

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

Statement of Faith [ Back to top ]

InterVarsity Christian Fellowship's uses the following to express its Statement of Fath:

We believe in:

  • The only true God, the almighty Creator of all things,existing eternally in three persons– Father, Son, and Holy Spirit–full of love and glory.
  • The unique divine inspiration, entire trustworthiness and authority of the Bible.
  • The value and dignity of all people: created in God's image to live in love and holiness,but alienated from God and each other because of our sin and guilt,and justly subject to God’s wrath.
  • Jesus Christ, fully human and fully divine,who lived as a perfect example, who assumed the judgment due sinners by dying in our place,and who was bodily raised from the dead and ascended as Savior and Lord.
  • Justification by God's grace to all who repent and put their faith in Jesus Christ alone for salvation.
  • The indwelling presence and transforming power of the Holy Spirit, who gives to all believers a new life and a new calling to obedient service.
  • The unity of all believers in Jesus Christ, manifest in worshiping and witnessing churches making disciples throughout the world.
  • The victorious reign and future personal return of Jesus Christ, who will judge all people with justice and mercy, giving over the unrepentant to eternal condemnation but receiving the redeemed into eternal life.
To God be glory forever.

History [ Back to top ]

InterVarsity communicates its history as the following:

Our movement began with students at the University of Cambridge, England in 1877. There, a group of Christian students began to meet together, in spite of the disapproval of some University officials, to pray, to study the Bible and to witness to fellow students. Soon, similar groups sprung up on other campuses. Eventually, they formed the British Inter-Varsity. (Hence our name, inter - meaning between, varsity - the British term for college level students.) From the very beginning they had a strong concern to take the gospel to those all over the world who had never heard it - a concern that continues in InterVarsity today.

In response to a plea for help, British InterVarsity sent Howard Guinness, a medical school graduate and vice-chairman of the British movement, to Canada in1928. Students helped raise the money to provide one-way passage to Canada. Between bouts of seasickness, Guinness led his cabin mate to Christ during the crossing, As God supplied the funds, he slowly worked his way across Canada, starting up and assisting evangelical student groups.

By 1937 the Canadians began to hear requests for help from students in the United States as independent evangelical student groups began springing up. In 1938 Stacey Woods, the Canadian InterVarsity director, met with students on the University of Michigan campus. As an immediate result of that visit, students formed the first InterVarsity chapter in the United States.

By May of 1941 InterVarsity Christian Fellowship/USA was an official organization, with three staff on loan from Canada and Stacey Woods at the helm as Secretary General. In 1947 InterVarsity USA became a founding member of the International Fellowship of Evangelical Students, a federation of national Christian student movements. The other charter members are Australia, Britain, Canada, China, France, Holland, New Zealand, Norway, and Switzerland. (To see which 143 countries are currently members of IFES go to www.ifesworld.org).

By 1950 there were 35 staff serving students in 499 InterVarsity chapters across the country. InterVarsity Press had been started to supply quality literature suitable for the campus. And the Urbana student missions convention had begun the tradition of calling every student generation to consider global missions. By the early seventies there were more than 200 staff.

Today, there are more than 1000 InterVarsity staff serving more than 34,000 students and faculty nationwide. In addition we produce training materials, camps, books, and media tools which serve both the Church and campus. Our work touches every kind of student including graduate students and faculty. We are seeking to build witnessing communities on the campus which are bold, broad and ethnically diverse.

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:10010/21/2011 5:49:51 PM: Descriptive information was abundant and thorough.
Level of Cooperation:100
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankFellowship Evangelism Sector
Overall Efficiency RatingStarStarStar223 of 348    14 of 19
Fund Acquisition DecisionStarStarStar223 of 348      14 of 19
Resource Allocation Decision of 348      5 of 19
Asset Utilization Decision of 348      5 of 19
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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%10%9%9%10%
Fundraising Cost Ratio7%7%7%7%7%8%
Contributions Reliance83%73%78%78%73%79%
Fundraising Expense Ratio7%7%7%7%7%8%
Other Revenue Reliance17%27%22%22%27%21%
Operating RatiosDatabase Average20102009200820072006
Program Expense Ratio80%85%85%83%84%82%
Spending Ratio104%98%101%96%94%97%
Program Output Ratio84%83%86%80%79%79%
Savings Ratio-4%2%-1%4%6%3%
Reserve Accumulation Rate4%4%-3%8%13%7%
General & Admin Ratio13%8%8%9%9%10%
Investing RatiosDatabase Average20102009200820072006
Total Asset Turnover2.85x1.78x1.73x1.61x1.76x1.74x
Degree of L-T Investment3.06x1.37x1.43x1.28x1.28x1.27x
Current Asset Turnover5.43x2.43x2.47x2.06x2.26x2.2x
Age of Assets10.5yr(s)16.3yr(s)16.8yr(s)17.2yr(s)17.9yr(s)17.3yr(s)
Liquidity RatiosDatabase Average20102009200820072006
Current Ratio3276.63x7.54x5.88x7.86x7.5x6.19x
Current Liabilities Ratio.38x.13x.17x.13x.13x.16x
Liquid Reserve Level4.95x4.28x4.03x5.08x4.6x4.56x
Solvency RatiosDatabase Average20102009200820072006
Liabilities Ratio.3x.14x.16x.15x.17x.2x
Debt Ratio.07x0x0x0x0x0x
Reserve Coverage Ratio81%48%49%53%47%46%

Financials[ Back to top ]

Balance Sheet
Assets20102009200820072006
Cash$6,742,000$8,733,000$9,933,000$10,078,000$8,195,000
Receivables, Inventories & Prepaids$6,436,000$6,684,000$10,125,000$9,060,000$8,448,000
Short-Term Investments$20,644,000$15,963,000$15,569,000$14,521,000$13,920,000
Total Current Assets$33,823,000$31,382,000$35,628,000$33,661,000$30,564,000
Long-Term Investments$374,000$193,000$193,000$250,000$250,000
Fixed Assets$9,091,000$9,490,000$9,686,000$9,318,000$7,998,000
Other Long-Term Assets$2,925,000$3,845,000$0$0$0
Total Long-Term Assets$12,391,000$13,529,000$9,879,000$9,568,000$8,248,000
TOTAL ASSETS$46,214,000$44,911,000$45,508,000$43,230,000$38,812,000
Liabilities20102009200820072006
Payables & Accrued Expenses$4,315,000$4,096,000$4,398,000$4,264,000$3,754,000
Other Current Liabilities$170,000$1,236,000$134,000$223,000$1,182,000
Total Current Liabilities$4,485,000$5,332,000$4,533,000$4,487,000$4,936,000
Debt$0$0$0$0$0
Other Long-Term Liabilities$1,981,000$1,807,000$2,072,000$3,046,000$2,848,000
Total Long-Term Liabilities$1,981,000$1,807,000$2,072,000$3,046,000$2,848,000
TOTAL LIABILITIES$6,467,000$7,140,000$6,605,000$7,534,000$7,785,000
Assets20102009200820072006
Unrestricted$25,388,000$23,498,000$24,941,000$23,746,000$20,973,000
Temporarily Restricted$14,358,000$14,272,000$13,961,000$11,949,000$10,054,000
Permanently Restricted$0$0$0$0$0
NET ASSETS$39,747,000$37,771,000$38,902,000$35,695,000$31,027,000
Revenue and Expenses
Revenue20102009200820072006
Total Contributions$61,331,000$59,676,000$60,016,000$58,943,000$54,963,000
Program Service Revenue$9,815,000$4,839,000$5,246,000$9,367,000$4,676,000
Membership Dues$0$0$0$0$29,000
Investment Income$506,000$778,000$1,305,000$1,322,000$1,011,000
Other Revenue$12,350,000$11,195,000$9,933,000$11,126,000$9,002,000
Total Other Revenue$22,671,000$16,812,000$16,485,000$21,816,000$14,721,000
TOTAL REVENUE$84,003,000$76,488,000$76,502,000$80,759,000$69,684,000
Expenses20102009200820072006
Program Services$69,903,000$65,603,000$61,078,000$63,905,000$55,350,000
Management & General$6,562,000$6,291,000$6,804,000$6,757,000$6,551,000
Fundraising$5,790,000$5,679,000$5,500,000$5,388,000$5,485,000
TOTAL EXPENSES$82,256,000$77,574,000$73,383,000$76,051,000$67,387,000
Change in Net Assets20102009200820072006
SURPLUS (DEFICIT)$1,746,000($1,085,000)$3,118,000$4,708,000$2,297,000
Other Changes in Net Assets$0$0$87,000($39,000)($228,000)
TOTAL CHANGE IN NET ASSETS$1,746,000($1,085,000)$3,206,000$4,668,000$2,069,000