Presents Jesus Christ as Savior to business men, developing them to share their faith.
For fiscal year 2020 it reported $10.7M in revenue, $9.2M in expenses, and $7.6M in net assets.Pt I
Where the money goes · FY2020
Total revenue
$10.7M
Pt VIII · Ln 12
Total expenses
$9.2M
Pt IX · Ln 25
Net assets
$7.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.5M
Where spending went · Part IX cols B–D
73%
21%
Program services $0.73 Management & general $0.21 Fundraising $0.07
Program efficiency
73%
of spending reaches programs
Operating runway
9.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+14%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2020 · Form 990
Revenue
$10.7M
FY2020
$11.5M$5.7M$0
FY2020FY2025
Expenses
$9.2M
FY2020
$11.9M$5.9M$0
FY2020FY2025
Total assets
$8.0M
FY2020
$9.5M$4.8M$0
FY2020FY2025
Total liabilities
$404K
FY2020
$1.3M$638K$0
FY2020FY2025
Total revenue
$10.7M
Pt VIII · Ln 12
Total expenses
$9.2M
Pt IX · Ln 25
Net assets
$7.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.5M
Total assetsPt X · Ln 16$8.0M
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49
Mission & Programs · Part III
Where the work happens
3 program services account for $6.7M of program spending, described in the organization's own filed words · FY2020.
01
Field Ministries
These activities include relationship building, one-on-one discipleship, leading various types of teams, and potentially a leader in a geographical area.
$5.6Mprogram expense
02
Outreach and Conference Events
Monthly and seasonal events are organized all over the country to further connect christian business men to each other and to other men in the marketplace. Events include monthly luncheons, prayer breakfasts, and regional conferences.
$575Kprogram expense
03
Peer Advisory Groups
Faith based discussion groups for business peers with similar business responsibilities. Incorporation of christian business OWNERS'/EXECUTIVES' beliefs into their day to day business activities. Four types of groups exist: executive round tables, trusted advisors, forums, and young professionals.
David Meyers’s $250K as President
is at the 63rd percentile of top reported officer pay among 224 $10–100M religion nonprofits.
Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
Individual Frank Cerutti · Reported title CHIEF DEVELOPMENT OFFICER · Highest reported compensation $153K · Total expenses $9.2M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $6.5M · Total expenses $9.2M
70%
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $54K · Gross raised $143K
38%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
73%
—
—
Overhead ratio
21%
—
—
Fundraising cost ratio
7%
—
—
Fundraising fee ratio
1%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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