BBB Wise Giving Report for
Advancing Native Missions

BBB Wise Giving Report issued December 2010
BBB Wise Giving Report expires November 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


Find out more about this charity:

Back To Top

Charity Contact Information

Name: Advancing Native Missions
Address: Post Office Box 5303
  Charlottesville, VA 22905
Phone: 540-456-7111
Web Address: www.adnamis.org
Back To Top

BBB Wise Giving Alliance Comments

Year, State Incorporated: 1993, Texas
Affiliates: None

Stated Purpose: "to seek out, evaluate, and support native missions groups who have a clear and defined evangelical statement of faith, who are open and transparent in their finances, and who are working among unreached people groups."

Back To Top

Evaluation Conclusions

              

Back To Top

Programs

              

AMN supports native missionaries and also sponsors children's homes and orphanages run by these missionaries. The organization supports and funds projects to help missionaries provide physical and spiritual needs including building churches, orphanages, wells, and training people to become self sustained. ANM assists in paying for buildings, vehicles, equipment and other needs as well as promoting partner missions to individuals, churches and foundations in the United States using newsletters, mission conferences and foundation grants. Through its Operation Barnabas International ministry, ANM organizes short-term teams of preachers and laypeople to visit indigenous missionaries in their home countries through a series of three day seminars.

For the year ended December 31, 2009, ANM's program expenses were:

  
Mission projects 6,893,226
Total Program Expenses: $6,893,226
Back To Top

Governance

              

Chief Executive : Benjamin M. Barredo, Jr., President
Compensation*:
$52,411

Highest Paid Executive: Oliver L. Asher, III, Executive Vice President and CEO
Compensation*: $66,660

Chair of the Board: Philip Zodhiates
Chair's Profession / Business Affiliation: President, Response Unlimited

Board Size: 15

Paid Staff Size: 40

*2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Back To Top

Fund Raising

              

Method(s) Used:

Direct mail, special events, Internet appeals, and planned giving.
Fund raising costs were 3% of related contributions. (Related contributions, which totaled $7,363,246 are donations received as a result of fund raising activities.)
Back To Top

Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
Back To Top

Financial

              

The following information is based on ANM's audited financial statements for the year ended December 31, 2009.

Source of Funds  
Donations 5,378,589
Gifts in kind 1,976,245
Interest income 8,576
Silent auction, net 8,412
Other income 5,950
Net sale of CDs, tapes, t-shirts, and videos 1,421
Vacation bible school, net 1,096
Shipping, net 653
Gain on sale of marketable securities 516
Sale of books, net -4,035
Total Income $7,377,423


chart



Uses of Funds as a % of Total Expenses

Programs: 88%  Fund Raising: 3%  Administrative: 9% 

Total income   $7,377,423
  Program expenses $6,893,226
  Fund raising expenses 213,986
  Administrative expenses 680,174
 
Total expenses   $7,787,386
Expenses in Excess of Income   (409,963)
Beginning net assets   2,390,818
Ending net assets   1,980,855
Total liabilities   39,623
Total assets   $2,020,478

Note: According to ANM's 2009 audited financial statements, the organization's in-kind donations were $1,971,085 which included medical supplies ($1,843,765), miscellaneous ($45,592), household items ($44,465), clothing ($23,261), and school/office supplies ($14,002).

Back To Top

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

Send to:



What is an Accredited Charity