Ratio Christi Inc
- Assets
- $1.7m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 19
- Location
- Lafayette, IN
- Founding
- 03/2011
- Data as of
- 06/2023
- 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 06/2023, Ratio Christi Inc employed 19 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 06/2023, Ratio Christi Inc generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $3.9m during the year ending 06/2023. While expenses have increased by 17.1% per year over the past 8 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
2023
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 CAMPUS MINISTRY: DURING THE YEAR FROM JULY 2022 THROUGH JUNE 2023, RATIO CHRISTI ENGAGED IN A PRUNING PROCESS FOR HEALTH THAT CULMINATED WITH 100 CHAPTERS IN OPERATION SERVING STUDENTS AND FACULTY. THE AVERAGE CHAPTER SERVES ANYWHERE FROM 10 TO 20 STUDENTS (SOME MORE THAN 50), PLUS BIG EVENTS RANGING FROM 250-2000, MAKING AN IMPACT ON THE CAMPUS. RECORDS OF SALVATIONS ARE VARIOUS (E.G., ONE CAMPUS REPORTED MORE THAN 50 PER SEMESTER, WHEREAS ANOTHER MORE THAN 30 AT A BIG EVENT). RATIO CHRISTI ADDED A PHD STUDENT MINISTRY AND A NEW BRANCH, RC PRESS AND PUBLICATIONS, WITH LOTS OF NEW PUBLICATIONS TO OFFER. WE SPENT A SIGNIFICANT AMOUNT MORE THAN IN YEARS PAST TO UPGRADE OUR TECHNOLOGY, HIRE NEW PERSONNEL, AND RAISE OTHERS UP CLOSER TO WHERE THEY SHOULD BE. WE ALSO INVESTED HEAVILY IN RELATIONAL AND COMMUNITY CAPITAL AMONG OUR STAFF.OUR FINANCIAL STABILITY CONTINUES IN GOOD HEALTH AND IS DIVERSIFIED BY A SUBSTANTIAL NUMBER OF SUPPORTED MISSIONARIES WHOSE OWN DONOR BASE IS DIVERSIFIED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Chair | OfficerTrustee | 1 | $0 |
Name Not Listed President | OfficerTrustee | 50 | $87,900 |
Name Not Listed Board Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 10 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed 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 | $3,772,701 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,772,701 |
| Total Program Service Revenue | $0 |
| Investment income | $44,656 |
| 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 | $3,820,766 |
| 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 | $131,256 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $162,755 |
| Compensation of current officers, directors, key employees. | $65,102 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,106,446 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $34,543 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $775 |
| Fees for services: Accounting | $29,662 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,826,130 |
| Advertising and promotion | $50,420 |
| Office expenses | $123,603 |
| Information technology | $145,488 |
| Royalties | $0 |
| Occupancy | $6,125 |
| Travel | $96,353 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,095 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,937,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,014 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,001 |
| 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 | $7,948 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,584,891 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,675,854 |
| Accounts payable and accrued expenses | $23,323 |
| 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 | $23,323 |
| Net assets without donor restrictions | $1,481,991 |
| Net assets with donor restrictions | $170,540 |
| 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 | $1,675,854 |