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Paraclete Mission Group, Inc.

Rating
Sector:

Evangelism Support

Total
Revenue:

$1,026,846

Total
Expenses:

$905,405

Net
Assets:

$424,154
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 84% 68.4%
General & Admin 12.5% 17%
Fundraising 6.8% 4.6%
Savings -4.4% 11.8%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

Paraclete Mission Group ("Paraclete") exists to serve mission agencies and churches in their efforts to effectively plant churches among unreached people groups. The goal is to assist in the planting of viable, indigenous, evangelizing churches among each of the world’s people groups. Paraclete carries out its mission through the following four methods: Training (experiential-based learning opportunities, on-field coaching, member care and counseling, new methods for mission, reaching and empowering the urban poor); Mentoring (administrative development, Leadership development, organizational development, resource development, technology development); Associates on Assignment (some associates are assigned to assist agencies for an indefinite period of time. Such assignments require a formal agreement between Paraclete Mission Group and the receiving agency); Strategic Initiatives (the ministry is sensitive to opportunities to help ventures become fully developed, so long as they contribute to church planting among unreached people groups). 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:3303 S. Lindsay Road, Suite 108, A3
Gilbert, AZ
85297-5297
Website: www.paraclete.net
Phone:(480) 854-4444
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 363559944
CEO/President: Mr. Don Parrot Tax Deductible: Yes
Chairman: Mr. Gary Ginter Fiscal Year End: December 31
Board Size: 8 Financial info from: 990
Founder: Member of ECFA: Yes
Year Founded: 1988 Member of ECFA since: 1998

Purpose [ Back to top ]

Paraclete Mission Group ("Paraclete") exists to serve mission agencies and churches in their efforts to effectively plant churches among unreached people groups. The goal is to assist in the planting of viable, indigenous, evangelizing churches among each of the world’s people groups. Paraclete's operational guidelines are to come along-side, to never act alone, to stay only as long as needed and welcome, to make those we serve successful, and to be only involved in outcome based projects.

Paraclete carries out its mission through the following four methods: Training (experiential-based learning opportunities, on-field coaching, member care and counseling, new methods for mission, reaching and empowering the urban poor); Mentoring (administrative development, Leadership development, organizational development, resource development, technology development); Associates on Assignment (some associates are assigned to assist agencies for an indefinite period of time. Such assignments require a formal agreement between Paraclete Mission Group and the receiving agency); Strategic Initiatives (the ministry is sensitive to opportunities to help ventures become fully developed, so long as they contribute to church planting among unreached people groups).

Paraclete has 23 full-time Associates. Some of these are appointed as tentmakers in countries that cannot be named for security reasons. The other Associates carry special strategic portfolios, such as the Executive Director of Adopt-A-People Clearinghouse (www.aapc.net) or Executive Director of Partners in Urban Transformation. Another part of the ministry is through the Los Angeles Missionary Internship. Phil Elkins directs this urban-based, experience focused training that places missionary candidates from numerous agencies in their intended field language and cultural group in L.A.

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 ]

Paraclete Mission Group expresses its mission as follows:

"Paraclete Mission Group exists to serve mission agencies and churches in their efforts to effectively plant churches among unreached people groups."

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

Statement of Faith [ Back to top ]

Paraclete Mission Group states that it, "wholeheartedly and without reservation subscribes to the EFMA and IFMA statements of faith, as well as the Lausanne Covenant."

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:1005/10/2005 10:24:52 AM: Organization made financial information available less than 5 ½ months after their fiscal year end.
Financial Information:1005/10/2005 10:24:56 AM: Organization provided all financial information requested. Information was clear and thorough.
Foundational Clarity:
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankEvangelism Support Sector
Overall Efficiency RatingStarStarStar123 of 348    12 of 37
Fund Acquisition DecisionStarStarStar123 of 348      13 of 37
Resource Allocation Decision of 348      9 of 37
Asset Utilization Decision of 348      9 of 37
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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 Average20072006200520042003
Return on FR Efforts10%5%6%0%0%0%
Fundraising Cost Ratio7%5%6%0%0%0%
Contributions Reliance83%91%94%0%0%0%
Fundraising Expense Ratio7%5%6%0%0%0%
Other Revenue Reliance17%9%6%0%0%0%
Operating RatiosDatabase Average20072006200520042003
Program Expense Ratio80%78%79%0%0%0%
Spending Ratio104%88%101%0%0%0%
Program Output Ratio84%68%80%0%0%0%
Savings Ratio-4%12%-1%0%0%0%
Reserve Accumulation Rate4%29%-3%0%0%0%
General & Admin Ratio12%17%15%0%0%0%
Investing RatiosDatabase Average20072006200520042003
Total Asset Turnover2.91x2.03x2.57x0x0x0x
Degree of L-T Investment3.1x1.03x1.05x0x0x0x
Current Asset Turnover5.56x2.08x2.69x0x0x0x
Age of Assets10.5yr(s)6.1yr(s)4.6yr(s)0.0yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20072006200520042003
Current Ratio3306.32x19.16x16.4x0x0x0x
Current Liabilities Ratio.39x.05x.06x0x0x0x
Liquid Reserve Level4.91x5.46x4.19x0x0x0x
Solvency RatiosDatabase Average20072006200520042003
Liabilities Ratio.3x.05x.06x0x0x0x
Debt Ratio.07x0x0x0x0x0x
Reserve Coverage Ratio81%47%37%0%0%0%

Financials[ Back to top ]

Balance Sheet
Assets20072006200520042003
Cash$431,546$296,414$395,499$194,600$127,100
Receivables, Inventories & Prepaids$2,841$10,521$774$2,309$0
Short-Term Investments$0$0$0$0$0
Total Current Assets$434,387$306,935$396,273$196,909$127,100
Long-Term Investments$0$0$0$0$0
Fixed Assets$9,168$12,744$10,048$9,681$6,017
Other Long-Term Assets$3,273$1,750$100$7,500$3,450
Total Long-Term Assets$12,441$14,494$10,148$17,181$9,467
TOTAL ASSETS$446,828$321,429$406,421$214,090$136,567
Liabilities20072006200520042003
Payables & Accrued Expenses$22,674$11,645$85,570$1,755$1,995
Other Current Liabilities$0$7,071$7,560$4,569$0
Total Current Liabilities$22,674$18,716$93,130$6,324$1,995
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$22,674$18,716$93,130$6,324$1,995
Assets20072006200520042003
Unrestricted$111,349$119,549$136,133$43,773$35,128
Temporarily Restricted$312,805$183,164$177,158$163,993$99,444
Permanently Restricted$0$0$0$0$0
NET ASSETS$424,154$302,713$313,291$207,766$134,572
Revenue and Expenses
Revenue20072006200520042003
Total Contributions$935,382$764,669$876,296$714,564$668,944
Program Service Revenue$89,820$50,269$55,212$2,280$2,535
Membership Dues$0$0$0$0$0
Investment Income$1,009$716$399$93$71
Other Revenue$635$191$38$100$0
Total Other Revenue$91,464$51,176$55,649$2,473$2,606
TOTAL REVENUE$1,026,846$815,845$931,945$717,037$671,550
Expenses20072006200520042003
Program Services$702,554$650,483$660,591$481,909$505,861
Management & General$154,704$127,173$121,991$119,730$100,632
Fundraising$48,147$48,767$43,838$42,204$37,652
TOTAL EXPENSES$905,405$826,423$826,420$643,843$644,145
Change in Net Assets20072006200520042003
SURPLUS (DEFICIT)$121,441($10,578)$105,525$73,194$27,405
Other Changes in Net Assets$0$0$0$0$0
TOTAL CHANGE IN NET ASSETS$121,441($10,578)$105,525$73,194$27,405