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AMG International

Rating
Sector:

Foreign Missions

Total
Revenue:

$6,578,666

Total
Expenses:

$6,474,628

Net
Assets:

$7,921,333

Profile Changes

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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 82% 83.3%
General & Admin 12.6% 6.7%
Fundraising 6.2% 8.4%
Savings -.9% 1.5%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

AMG International (Advancing the Ministries of the Gospel) ("AMG") is dedicated to spreading the gospel. AMG's purpose is to advance the Ministries of the Gospel around the world. Now in 50 countries, AMG reaches people through newspaper evangelism, national workers, radio and church planting. It engages in programs of relief by instituting and supporting orphanages, schools, day-care centers, and hospitals, food and clothing centers, leprosariums and clinic ministries. It serves the local U.S. church through a 210,000 circulation newspaper (Pulpit Helps), the Expositors Microfilm library and AMG Publishers. AMG was founded in 1942.

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:6815 Shallowford Road PO Bos 22000, 37422
Chattanooga, TN
37421-7421
Website: www.amginternational.org
Phone:(423) 894-6060, (800) 251-7206
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 131766596
CEO/President: Mr. Paul Jenks Tax Deductible: Yes
Chairman: Dr. Spiros Zodiates Fiscal Year End: December 31
Board Size: 9 Financial info from: Audit
Founder: George Georgakis & Nicholas Lambrides Member of ECFA: Yes
Year Founded: 1942 Member of ECFA since: 1982

Purpose [ Back to top ]

AMG International (Advancing the Ministries of the Gospel) ("AMG") is dedicated to spreading the gospel. AMG's purpose is to advance the Ministries of the Gospel around the world. Now in 50 countries, AMG reaches people through newspaper evangelism, national workers, radio and church planting. It engages in programs of relief by instituting and supporting orphanages, schools, day-care centers, and hospitals, food and clothing centers, leprosariums and clinic ministries. It serves the local U.S. church through a 210,000 circulation newspaper (Pulpit Helps), the Expositors Microfilm library and AMG Publishers. AMG was founded in 1942.

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 ]

AMG International's Mission Statement is:

AMG International endeavors to provide every person on earth with at least one opportunity to understand and respond to a clear presentation of the gospel.

Program Accomplishments [ Back to top ]

AMG's accomplishments and programs include some of the following:

CLW (Christ the Light of the World) Communications Group.

CLW Electronics serves churches and ministries by providing audio and video equipment at an affordable price.

AMG Publishers produce devotional and Bible study materials to help Christians develop a deeper walk with God. The Hebrew-Greek Key Word Study Bible, edited by AMG President Dr. Spiros Zodhiates, has sold more than 1 million copies.

Pulpit Helps Magazine is a monthly publication devoted to assisting pastors and teachers in the United States reaching approximately 100,000 church leaders each month.

Statement of Faith [ Back to top ]

AMG International's Statement of Faith is:

We believe in the Scriptures of the Old and New Testament as inspired by God and inerrant in the original writings, and that they are the supreme and final authority in faith and life.

We believe in one God, eternally existing in three persons: Father, Son, and Holy Spirit.

We believe that Jesus Christ was begotten by the Holy Spirit and born of the virgin Mary and is true God and true man.

We believe that man was created in the image of God; that he sinned and thereby incurred not only physical separation from God, but also that spiritual death which is separation from God; and that all human beings are born with a sinful nature.

We believe that the Lord Jesus Christ died for our sins, according to the Scriptures, as a representative and substitutionary sacrifice and that all who believe in Him are justified on the ground of His shed blood.

We believe in the bodily resurrection of our crucified Lord, His ascension into heaven, and His presence there for us as High Priest and Advocate.

We believe in that "blessed hope"-the personal and victorious return of our Lord and Savior, Jesus Christ.

We believe that all who receive by repentance and faith the Lord Jesus Christ are born again of the Holy Spirit, and become children of God.

We believe in the bodily resurrection of the just and unjust, the everlasting blessedness of the saved, and the everlasting punishment of the lost.

History [ Back to top ]

It all started with a seed from an unknown street preacher. People may have snickered at him as he shouted about Jesus on the busy New York streets, but one listened. George Georgakis, a Greek immigrant, peered out the second story window of his photography studio to see what the commotion was. His curiosity transformed to joy as he accepted Christ as his savior that day.

Georgakis immediately sought out a church, and by God's providence, the first man he met at church was another Greek immigrant, Nicholas Lambrides. The two men shared a burden to reach their native country with the gospel; for Greece was a country bound by religious ritualism, and few had a personal relationship with Jesus. Thus, they began the American Committee for the Evangelization of the Greeks (later the American Mission to the Greeks), an organization which sought to care for both physical and spiritual needs as they evangelized Greek people in America and abroad.

From their headquarters in New York, AMG pursued that vision by sending gospel literature overseas and providing aid for undernourished and homeless children in Greece. Likewise, in America, it sponsored Greek children in a nearby orphanage and produced a bilingual gospel magazine in Greek and English called The Voice of the Gospel.

It was this magazine which providentially reached a young Greek Christian named Spiros Zodhiates while he was serving in the British Army in the Suez Canal. From his military post, Spiros wrote an article for The Voice of the Gospel, and thus became connected with the organization that would be his life's work. Zodhiates joined the AMG in 1946, and led it from a one-room office to the international ministry that it is today, operating life and soul saving operations in approximately 50 countries worldwide. To correspond with its broadened outreach, AMG International now stands for Advancing the Ministries of the Gospel.

Ministry Needs [ Back to top ]

AMG has communicated the following needs:

There are several different ways to help such as sponsoring a child, the Leprosy ministry, newspaper evangelism, AMG hospitals and the newest project Cosomovision Center, which is a center that is being built to spread the gospel message during the 2004 Olympics in Greece.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria categoryGradeOther Comments
Timeliness:1006/6/2005 1:13:28 PM: Organization made financial information available less than 5 ½ months after their fiscal year end. 6/6/2005 1:13:15 PM: Organization made financial information available less than 5 ½ months after their fiscal year end.
Financial Information:100
Foundational Clarity:
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankForeign Missions Sector
Overall Efficiency RatingStarStar241 of 353    43 of 54
Fund Acquisition DecisionStarStarStar233 of 353      36 of 54
Resource Allocation DecisionStarStarStar126 of 353      17 of 54
Asset Utilization DecisionStarStar297 of 353      49 of 54
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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 Average20082007200620052004
Return on FR Efforts9%9%9%7%7%0%
Fundraising Cost Ratio6%8%8%7%7%0%
Contributions Reliance83%94%94%94%99%0%
Fundraising Expense Ratio6%9%8%7%7%0%
Other Revenue Reliance17%6%6%6%1%0%
Operating RatiosDatabase Average20082007200620052004
Program Expense Ratio81%85%81%83%84%0%
Spending Ratio101%98%96%94%97%0%
Program Output Ratio82%83%78%78%81%0%
Savings Ratio-1%2%4%6%3%0%
Reserve Accumulation Rate2%1%3%5%3%0%
General & Admin Ratio13%7%11%10%9%0%
Investing RatiosDatabase Average20082007200620052004
Total Asset Turnover2.62x.6x.56x.54x.52x0x
Degree of L-T Investment3x2.84x2.18x2.3x2.62x0x
Current Asset Turnover4.92x1.71x1.22x1.24x1.36x0x
Age of Assets9.6yr(s)0.0yr(s)0.0yr(s)0.0yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20082007200620052004
Current Ratio117.88x1.4x2.06x1.52x1.19x0x
Current Liabilities Ratio.32x.71x.48x.66x.84x0x
Liquid Reserve Level5.67x2.01x5.08x3.31x1.39x0x
Solvency RatiosDatabase Average20082007200620052004
Liabilities Ratio.23x.26x.24x.31x.35x0x
Debt Ratio.06x.01x.01x.02x.03x0x
Reserve Coverage Ratio86%122%137%129%125%0%

Financials[ Back to top ]

Balance Sheet
Assets20082007200620052004
Cash$126,787$292,375$316,519$616,041$358,554
Receivables, Inventories & Prepaids$351,954$537,445$547,457$118,238$132,617
Short-Term Investments$3,272,020$4,328,865$4,166,807$3,612,143$3,080,667
Other Current Assets$30,045$71,830$42,445$44,992$33,548
Total Current Assets$3,780,806$5,230,515$5,073,228$4,391,414$3,605,386
Long-Term Investments$1,488,089$1,448,089$1,573,089$1,495,089$1,375,089
Fixed Assets$2,272,317$2,304,345$2,298,541$2,343,767$2,341,774
Other Long-Term Assets$3,182,209$2,430,596$2,736,126$3,264,614$2,162,665
Total Long-Term Assets$6,942,615$6,183,030$6,607,756$7,103,470$5,879,528
TOTAL ASSETS$10,723,421$11,413,545$11,680,984$11,494,884$9,484,914
Liabilities20082007200620052004
Payables & Accrued Expenses$493,678$316,656$805,386$1,067,217$843,459
Other Current Liabilities$2,203,850$2,219,514$2,533,272$2,633,774$2,321,999
Total Current Liabilities$2,697,528$2,536,170$3,338,658$3,700,991$3,165,458
Debt$104,560$169,248$230,178$287,568$371,887
Due To (From) Affiliates$0$0$0$0$0
Other Long-Term Liabilities$0$0$8,938$24,259$0
Total Long-Term Liabilities$104,560$169,248$239,116$311,827$371,887
TOTAL LIABILITIES$2,802,088$2,705,418$3,577,774$4,012,818$3,537,345
Assets20082007200620052004
Unrestricted$6,096,010$5,916,132$5,616,011$5,200,535$5,009,974
Temporarily Restricted$959,130$1,930,802$1,853,276$1,712,913$937,595
Permanently Restricted$866,193$861,193$633,923$568,618$0
NET ASSETS$7,921,333$8,708,127$8,103,210$7,482,066$5,947,569
Revenue and Expenses
Revenue20082007200620052004
Total Contributions$6,210,206$6,204,081$6,285,824$6,102,087$6,162,794
Program Service Revenue$0$0$0$0$0
Membership Dues$0$0$0$0$0
Investment Income$0$0$0$0$0
Other Revenue$368,460$428,448$387,266$74,328$53,304
Total Other Revenue$368,460$428,448$387,266$74,328$53,304
TOTAL REVENUE$6,578,666$6,632,529$6,673,090$6,176,415$6,216,098
Expenses20082007200620052004
Program Services$5,480,376$5,150,594$5,207,257$5,015,203$5,309,060
Management & General$438,761$674,302$633,027$528,392$248,570
Fundraising$555,491$534,095$456,662$423,940$458,341
TOTAL EXPENSES$6,474,628$6,358,991$6,296,946$5,967,535$6,015,971
Change in Net Assets20082007200620052004
SURPLUS (DEFICIT)$104,038$273,538$376,144$208,880$200,127
Other Changes in Net Assets($890,832)$331,379$245,000$187,566$287,784
TOTAL CHANGE IN NET ASSETS($786,794)$604,917$621,144$396,446$487,911