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Interchurch Medical Assistance, Inc.

Rating
Sector:

Relief and Development

Total
Revenue:

$140,271,000

Total
Expenses:

$135,130,000

Net
Assets:

$66,898,000

Profile Changes

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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 82% 95.4%
General & Admin 12.6% .8%
Fundraising 6.2% .1%
Savings -.9% 3.6%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

Since 1960,Interchurch Medical Assistance, Inc.( I.M.A.) has represented some of the largest U.S. Protestant relief and development agencies in procuring and dispensing essential medical products and services for overseas emergency, health, and development programs that serve the poor.

Today, twelve Protestant relief and development agencies make up I.M.A.'s Membership. As a faith-based organization, I.M.A. exercises Christian compassion in providing integrated health services that serve the poor, regardless of religious or political affiliation, ethnicity, creed, color, gender, or national origin.

Contact Information: [ Back to top ]

Mailing Address:P.O. Box 429 500 Main Street
New Windsor, MD
21776-0429
Website: www.imaworldhealth.org
Phone:(410) 635-8720
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 522112460
CEO/President: Mr. Paul Derstine Tax Deductible: Yes
Chairman: Dr. Donald L. Parker Fiscal Year End: June 30
Board Size: 13 Financial info from: 990
Founder: Member of ECFA: No
Year Founded: 1960 Member of ECFA since:

Purpose [ Back to top ]

    Interchurch Medical Assistance, Inc. (I.M.A.) is a partner in overseas health care programs dedicated to improving the quality and availability of health care for the poor in developing countries and committed to putting life-saving medicines into the hands of overseas health care workers.
    The I.M.A. activities include:
  • Distributing an average of $20 million annually in life-saving medicines and medical products overseas.
  • Facilitating and providing technical assistance in disease treatment and elimination programs.
  • Facilitating the development and implementation of programs that support strengthening health care structures in developing countries.

    I.M.A. supplies medicines and medical products supplies to health care professionals and medical mission teams for short-term, volunteer overseas medical mission trips.
    The I.M.A. Medicine Box® Program enables U.S. churches to participate in a hands-on mission project and support the work of their denominational relief and development agencies in providing medicines and medical supplies to their overseas health care partners.
    I.M.A. participates in disaster relief in conjunction with the disaster relief activities of our Member Agencies. I.M.A. is active in projects to control parasitic diseases in Tanzania and Haiti. The organization also works in partnership with other non-governmental organizations, corporations, government and ministries of health.
    I.M.A. receives support for this work from its Member agencies, individual donors, church groups, corporate partners, and foundations.

Mission Statement [ Back to top ]

IMA uses the following to express its mission:

The mission of Interchurch Medical Assistance, Inc. is to provide essential products and services for emergency, health and development programs of interest to members, which serve people in need without regard to ethnicity, creed, color, gender, national origin, or religious or political affiliation.

Program Accomplishments [ Back to top ]

    2003 Accomplishments for I.M.A. Inc include:
  • I.M.A. shipped medical products and supplies and provided program support with a total value of $63 million to 72 countries around the world.
  • I.M.A. shipped 839 I.M.A. Medicine Boxes to 15 countries in 2003, providing enough essential medicines and medical supplies to treat the routine ailments of approximately 839,000 adults and children. These included 244 United Methodist Medicine Boxes, 295 Presbyterian Medicine Boxes, 276 Church of the Brethren Clinic Boxes, 5 Soroptimist Village Kits, and 19 United Church of Christ Filariasis Boxes to people in need.
  • There are now 38 hospitals participating in I.M.A.'s Burkitt's Lymphoma treatment program in Tanzania, which in 2003 treated 220 children suffering from this deadly cancer.
  • I.M.A. has provided medicines with a value of $2.1 million to physicians and healthcare professionals making 436 separate mission trips around the world.
  • I.M.A. has earned the highest rating for fiscal responsibility from two charity watchdog organizations, MinistryWatch and Charity Navigator. In fiscal 2003, I.M.A. used less than 1% (.93%) of its total expenitures for administration and operations.

    2002 Accomplishments for I.M.A. Inc include:
  • An aid package of nearly $4 million, including donated & purchased medicines and medical supplies valued at $3.8 million, helped to restore health services to Goma and treat infectious diseases in Goma and surrounding regions.
  • Potential cholera, meningitis and other epidemics averted.
  • Reconstruction of CEBCE Health Center (Community of Baptist Churches in Eastern D.R. Congo).
  • Support for CBCA (Baptist Community of Central Africa Referral Health Center, CEPAC (Pentacostal Community of Central Africa) health team, and the Goma health bureau, including temporary salary support for health personnel, assistance for transport of health personnel and patients, and provision of basic office supplies for administration of health coordination activities.

Statement of Faith [ Back to top ]

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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 : B
Criteria categoryGradeOther Comments
Timeliness:80
Financial Information:100
Foundational Clarity:
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankRelief and Development Sector
Overall Efficiency RatingStarStarStarStarStar26 of 353    17 of 54
Fund Acquisition DecisionStarStarStarStarStar8 of 353      4 of 54
Resource Allocation DecisionStarStarStarStarStar13 of 353      10 of 54
Asset Utilization DecisionStarStarStar149 of 353      31 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%0%0%0%0%0%
Fundraising Cost Ratio6%0%0%0%0%0%
Contributions Reliance83%100%100%100%100%0%
Fundraising Expense Ratio6%0%0%0%0%0%
Other Revenue Reliance17%0%0%0%0%0%
Operating RatiosDatabase Average20082007200620052004
Program Expense Ratio81%99%99%99%99%0%
Spending Ratio101%96%74%97%115%0%
Program Output Ratio82%95%73%96%114%0%
Savings Ratio-1%4%26%3%-15%0%
Reserve Accumulation Rate2%8%99%23%-60%0%
General & Admin Ratio13%1%1%1%1%0%
Investing RatiosDatabase Average20082007200620052004
Total Asset Turnover2.62x1.99x1.88x5.52x6.21x0x
Degree of L-T Investment3x1.02x1.01x1.09x1.15x0x
Current Asset Turnover4.92x2.03x1.9x6.02x7.13x0x
Age of Assets9.6yr(s)46.8yr(s)16.9yr(s)11.7yr(s)12.3yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20082007200620052004
Current Ratio117.88x67.04x84.35x23.23x13.43x0x
Current Liabilities Ratio.32x.01x.01x.04x.07x0x
Liquid Reserve Level5.67x5.83x6.25x1.91x1.56x0x
Solvency RatiosDatabase Average20082007200620052004
Liabilities Ratio.23x.01x.01x.04x.06x0x
Debt Ratio.06x0x0x0x0x0x
Reserve Coverage Ratio86%48%35%16%21%0%

Financials[ Back to top ]

Balance Sheet
Assets20082007200620052004
Cash$1,296,000$806,000$919,000$1,049,000$2,022,000
Receivables, Inventories & Prepaids$64,659,000$60,374,000$19,018,000$14,325,000$28,765,000
Short-Term Investments$672,000$700,000$0$77,000$64,000
Total Current Assets$66,628,000$61,881,000$19,938,000$15,451,000$30,852,000
Long-Term Investments$0$0$760,000$617,000$604,000
Fixed Assets$18,000$22,000$23,000$39,000$32,000
Other Long-Term Assets$1,245,000$643,000$1,020,000$1,631,000$1,284,000
Total Long-Term Assets$1,264,000$666,000$1,803,000$2,288,000$1,920,000
TOTAL ASSETS$67,892,000$62,548,000$21,741,000$17,740,000$32,772,000
Liabilities20082007200620052004
Payables & Accrued Expenses$729,000$733,000$858,000$721,000$811,000
Other Current Liabilities$264,000$0$0$428,000$1,293,000
Total Current Liabilities$993,000$733,000$858,000$1,150,000$2,105,000
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$993,000$733,000$858,000$1,150,000$2,105,000
Assets20082007200620052004
Unrestricted$65,081,000$60,448,000$18,911,000$14,728,000$28,774,000
Temporarily Restricted$1,816,000$1,366,000$1,972,000$1,860,000$1,892,000
Permanently Restricted$0$0$0$0$0
NET ASSETS$66,898,000$61,815,000$20,883,000$16,589,000$30,667,000
Revenue and Expenses
Revenue20082007200620052004
Total Contributions$140,214,000$158,293,000$124,134,000$96,205,000$96,725,000
Program Service Revenue$0$0$0$0$0
Membership Dues$12,000$12,000$12,000$0$0
Investment Income$45,000$82,000$94,000$31,000$39,000
Other Revenue$0$17,000$163,000($70,000)$236,000
Total Other Revenue$57,000$111,000$270,000($38,000)$276,000
TOTAL REVENUE$140,271,000$158,404,000$124,404,000$96,166,000$97,001,000
Expenses20082007200620052004
Program Services$133,873,000$116,241,000$119,057,000$109,440,000$97,406,000
Management & General$1,106,000$1,058,000$869,000$674,000$631,000
Fundraising$150,000$195,000$128,000$133,000$120,000
TOTAL EXPENSES$135,130,000$117,495,000$120,055,000$110,248,000$98,158,000
Change in Net Assets20082007200620052004
SURPLUS (DEFICIT)$5,140,000$40,909,000$4,348,000($14,082,000)($1,157,000)
Other Changes in Net Assets($56,000)$22,000($54,000)$4,000$31,000
TOTAL CHANGE IN NET ASSETS$5,083,000$40,931,000$4,293,000($14,078,000)($1,126,000)

Functional Expenses [ Back to top ]

Funding Ratios20082007200620052004
Grants & Allocations$130,570,000$114,390,000$113,547,000$107,253,000$95,962,000
Specific Assistance to Individuals$0$0$0$0$0
Benefits Paid To or For Members$0$0$0$0$0
Compensation of Officers, Directors$109,000$105,000$99,000$83,000$79,000
Other Salaries, Wages$1,062,000$1,150,000$1,023,000$885,000$676,000
Pension Plan Contributions$98,000$93,000$80,000$79,000$67,000
Other Employee Benefits$371,000$297,000$253,000$244,000$155,000
Payroll Taxes$85,000$90,000$84,000$80,000$59,000
Professional Fundraising Fees$0$0$0$0$0
Accounting Fees$33,000$29,000$22,000$35,000$28,000
Legal Fees$8,000$6,000$0$14,000$23,000
Supplies$1,360,000$338,000$4,010,000$374,000$272,000
Telephone$24,000$24,000$27,000$34,000$24,000
Postage & Shipping$88,000$96,000$56,000$63,000$80,000
Occupancy$119,000$96,000$69,000$87,000$52,000
Equipment Rental & Maintenance$9,000$9,000$9,000$10,000$7,000
Printing & Publications$30,000$0$1,000$3,000$1,000
Travel$394,000$223,000$281,000$433,000$196,000
Conferences, Conventions & Meetings$0$0$0$0$0
Interest$0$0$0$0$0
Depreciation, Depletion etc.$4,000$11,000$15,000$13,000$9,000
Other Expenses$758,000$531,000$471,000$551,000$461,000
Total Functional Expenses$135,130,000$117,495,000$120,055,000$110,248,000$98,158,000