Ratio Christi Inc
- Assets
- $1.8m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 15
- Location
- Lafayette, IN
- Founding
- 03/2011
- Data as of
- 06/2022
- EIN
- 27-4733824
Organization Overview
Ratio Christi Inc is located in Lafayette, IN. The organization was established in 2011. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Ratio Christi Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ratio Christi Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Ratio Christi Inc generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $3.2m during the year ending 06/2022. While expenses have increased by 16.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISHING THE INTELLECTUAL VOICE OF CHRIST AT THE UNIVERSITY LEVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RATIO CHRISTI'S UNIVERSITY APOLOGETICS PROGRAM: DURING THE YEAR STARTING JULY 2021 THROUGH JUNE 2022, RATIO CHRISTI HAD 130 CHAPTERS IN OPERATION SERVING STUDENTS AND FACULTY. THE AVERAGE CHAPTER SERVES ANYWHERE FROM 10 TO 20 STUDENTS, MAKING AN IMPACT ON THE OVER 2,000 STUDENTS WHO PARTICIPATE IN WEEKLY MEETINGS ON CAMPUS. THE SCHOOL YEAR PROVIDED NEW CHALLENGES FOR OUR CHAPTER DIRECTORS AS COVID-19 DRASTICALLLY AFFECTED THEIR ABILITY TO MEET WITH STUDENTS. EVEN WITH THESE CHALLENGES, MANY CHAPTER DIRECTORS WERE ABLE TO MOVE TO ONLINE MEETINGS WITH THEIR STUDENTS. RATIO CHRISTI ALSO CONTINUED TO REDESIGN OUR WEB SITE, MAKING OUR REACH WORLDWIDE. [CONTINUED ON SCHEDULE O][CONTINUED FROM PAGE 2]WE IMPLEMENTED A STRATEGIC PLAN FOR LONG TERM FINANCIAL STABILITY, WHICH INCLUDES SUPPORTED MISSIONARY APOLOGISTS ON CAMPUSES, ADDING 12 MORE MISSIONARIES FROM JULY 2021 THROUGH JUNE 2022. WE HAVE RELATIONSHIPS WITH 15 MAJOR SEMINARIES AND DOZENS OF APOLOGETICS MINISTRIES IN THE U.S.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corey Miller President | OfficerTrustee | 50 | $88,879 |
Jeremy Tedesco Board Secretary | OfficerTrustee | 1 | $0 |
Ken Miller Treasurer | OfficerTrustee | 10 | $0 |
Clay Jones Board Chair | OfficerTrustee | 1 | $0 |
Mike Keas Board Member | Trustee | 1 | $0 |
Claudi Kalmikov Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,400,304 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,400,304 |
| Total Program Service Revenue | $0 |
| Investment income | $4,378 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,407,344 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $146,190 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $153,659 |
| Compensation of current officers, directors, key employees. | $61,464 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $575,931 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,777 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,905 |
| Fees for services: Accounting | $20,699 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,846,696 |
| Advertising and promotion | $2,692 |
| Office expenses | $117,769 |
| Information technology | $94,549 |
| Royalties | $0 |
| Occupancy | $6,000 |
| Travel | $35,043 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,920 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,217,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $808,776 |
| Savings and temporary cash investments | $957,625 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,784 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,783 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,792,968 |
| Accounts payable and accrued expenses | $24,064 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,064 |
| Net assets without donor restrictions | $1,713,614 |
| Net assets with donor restrictions | $55,290 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,792,968 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Ratio Christi Inc has recieved totaling $323,547.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $77,516 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $75,675 |
Christian Education Charitable Trust Chattanooga, TN PURPOSE: FOR LEADERSHIP DEVELOPMENT OR TRAINING. | $75,000 |
Bill And Connie Timmons Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $70,000 |
Lund Family Foundation Houston, TX PURPOSE: MISCELLANEOUS CHARITABLE EXPENSE | $10,000 |
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interfaith America Chicago, IL | $27,416,296 | $10,230,356 |
Ratio Christi Inc Lafayette, IN | $1,792,968 | $3,407,344 |
Faith In Place Chicago, IL | $2,934,051 | $2,861,204 |
Association Of Professional Chaplains Inc Hoffman Estates, IL | $3,034,178 | $2,141,242 |
Eastern Area Community Ministries Inc Louisville, KY | $494,469 | $1,262,535 |
Ecumenical Institute Chicago, IL | $3,347,754 | $1,159,745 |
Gostomski Foundation Homewood, IL | $18,828,695 | $1,379,289 |
Grace On Wings Incorporated Indianapolis, IN | $405,431 | $969,890 |
Victory Ministry & Sports Complex Joplin, MO | $3,915,599 | $912,983 |
Reconciled World Inc Wheaton, IL | $450,260 | $925,183 |
Redemption House Ministry Inc Fort Wayne, IN | $1,071,435 | $909,788 |
Joy Baptist Camp Association Inc Whitewater, WI | $411,134 | $730,734 |