2015-03-19T14:04:49-05:00 2014-09-30 363990892 Capin Crouse LLP 1255 Lakes Parkway STE 130 Lawrenceville GA 30043 990 2013-10-01 133200719 RAVI ZACHARIAS INTERNATIONAL MINISTRIES RAVI 7704496766 4725 PEACHTREE CORNERS CIRCLE No 250 NORCROSS GA 30092 Ravi K Zacharias Chairman And CEO 7704496766 2015-03-19 1 David C Moja P00747006 6785185301 2013 2016-03-07 17:11:31Z Ravi K Zacharias 4725 PEACHTREE CORNERS CIRCLE No 250 NORCROSS GA 30092 29407538 0 X WWW.RZIM.ORG X 1986 GA The primary mission of Ravi Zacharias International Ministries is to reach and challenge those who shape the ideas of culture with the credibility of the Gospel of Jesus Christ. Distinctive in its strong evangelistic and apologetic foundation, the ministry of RZIM is intended to touch both the heart and intellect of the thinkers and influencers of society through the support of the visionary leadership of Ravi Zacharias. 21 17 70 22 0 0 17024394 20771625 587967 873619 151420 185098 290242 282932 18054023 22113274 9549827 8995212 0 0 4749776 5425163 0 0 2561195 6089611 7016093 20389214 21436468 -2335191 676806 8231098 9191971 1346671 1630738 6884427 7561233 X The primary mission of Ravi Zacharias International Ministries is to support, expand, and enhance the preaching, teaching, and vision of Ravi Zacharias. Distinctive in its strong evangelistic and apologetic foundation, it is intended to touch both the heart and the intellect of the thinkers and opinion-makers of society and to reach and challenge those who shape the ideas of a culture with the credibility of the Gospel of Jesus Christ. 0 0 8951515 8104054 0 International Outreach: Established in Canada, The United Kingdom, India, Singapore, and Hong Kong. The Ministry helps to financially support all of these independent entities (except for Canada). The annual grant amounts for each of the affiliates are proposed in the initial budget draft for each fiscal year and approved by the Board of Directors. Each of the affiliates submits budgets and reports on how the funds are being spent. In addition, management personnel from the U.S. Headquarters makes periodic visits to the regions for audit and oversight purposes. 5410942 0 1152297 Conferences, Lectures, Seminars: RZIM has a fourfold vision: evangelism, apologetics, spiritual disciplines, and training. This vision is accomplished through conferences, lectures, and seminars administered by Dr. Ravi K. Zacharias and other members of his team where the Gospel is presented in support of the claims of Jesus Christ. 2278519 0 0 Radio Outreach: RZIM produces two radio programs: a weekly 30 minute program entitled "Let My People Think" (LMPT) and a daily 15 minute offering called "Just Thinking". The programs are available on radio, satellite, and the worldwide web. Foreign language versions of LMPT are also being broadcast. In addition to educating listeners in the fields of apologetics and evangelism, the programs also promote RZIM conferences and other resource products offered by the Ministry. 891159 891159 0 Benevolence Outreach: The Ministry also has a benevolence wing, Wellspring International, whose mission is to come alongside existing organizations who are aiding women and children in underprivileged situations overseas. The needs are examined very carefully and properly verified before the financial assistance is granted. 891159 891159 0 17532135 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 1 1 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 31 0 1 70 1 0 1 HK 0 0 0 0 0 0 0 0 X 21 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CO GA KY MD MN NH ND TN VA WA WV WI X X Jeanette Chuquiure 7704496766 4725 Peachtree Corners Circle Ste Norcross GA 30092 Ravi K Zacharias Chairman and CEO 60.00 X X 201021 0 173822 Margaret Zacharias Vice Chairman of Ministry 60.00 X X 189539 0 15119 Sarah Davis Director/Executive Director 60.00 X X 197544 0 12184 Kenneth Cook Secretary 1.00 X X 0 0 0 Peter Sorenson Treasurer 1.00 X X 0 0 0 Mo Anderson Director 1.00 X 0 0 0 Phyllis Beard Director 1.00 X 0 0 0 Christopher Blattner Director 1.00 X 0 0 0 Bob Caliguire Director 1.00 X 0 0 0 Tony Cimmarrusti Director 1.00 X 0 0 0 Veronica Colondam Director 1.00 X 0 0 0 Ron Eastman Director 1.00 X 0 0 0 Jared S Florian Director 1.00 X 0 0 0 Stanley Foltz Director 1.00 X 0 0 0 Kenneth Gamble Director 1.00 X 0 0 0 Wee Tiong Howe Director 1.00 X 0 0 0 George Jackson Director 1.00 X 0 0 0 Paul Kepes Director 1.00 X 0 0 0 Darryl Lanker Director 1.00 X 0 0 0 Bill Payne Director 1.00 X 0 0 0 Chuck Zeiser Director 1.00 X 0 0 0 Jeanette Chuquiure Chief Financial Officer 60.00 X 148909 0 22976 Robert Grinnell Vice President of Development 60.00 X 184232 0 26855 Stuart McAllister Director, Training - NA Re 60.00 X 147817 0 19388 Naomi Zacharias Vice President of Wellspring Int'l 60.00 X 114777 0 14457 Robert Ditmer Director, Media Department 60.00 0.00 X 101810 0 24752 1285649 0 309553 8 0 1 0 MSK Partners 11350 McCormick Road Suite 901 Hunt Valley MD 21031 Postage, Printing, Design 967787 1 20771625 603234 20771625 Honorariums 900099 516958 516958 Conference and Seminar 900099 356661 356661 873619 119078 119078 6967609 195000 6937357 159232 30252 35768 66020 66020 476353 197675 278678 278678 4254 4254 4254 22113274 1152297 0 189352 77094 77094 8918118 8918118 1370017 1075997 73875 220145 338660 338660 3011251 1903710 646036 461505 32739 22775 4512 5452 375520 261726 62183 51611 296976 198108 48919 49949 36786 16730 20056 43965 34816 5351 3798 330225 193480 37717 99028 370806 257602 13719 99485 369543 209749 87134 72660 53873 30985 22888 508367 374930 67215 66222 1298858 1049384 14474 235000 827070 193578 4000 629492 199787 15705 183985 97 276152 181038 47557 47557 56308 37009 9611 9688 Radio and media 1607956 1607956 Brochures and literatur 954597 459575 11391 483631 Repairs and maintenance 37225 34198 2923 104 44575 39212 2480 2883 21436468 17532135 1343138 2561195 X 1729856 1117481 69416 120532 130472 71503 358504 130318 2333719 1663832 913033 669887 54592 3819876 5637668 1209941 1389990 8231098 9191971 507908 642176 838763 988562 1346671 1630738 X 6329169 5118736 232742 2119981 322516 322516 6884427 7561233 8231098 9191971 676806 0 X X 0 1 X 1 0 X 11693605 18252429 15297075 17024301 20771625 83039035 11693605 18252429 15297075 17024301 20771625 83039035 5888184 77150851 82295 111895 132059 121594 119078 566921 4254 4254 83610210 5471318 0.92270 0.91130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 371176 30252 401428 341400 29776 371176 314829 26571 341400 321699 -6870 314829 194841 127675 -817 321699 0.19660 0.80340 0 1 1 151008 27265 123743 196524 185951 10573 791074 765462 25612 1195113 685154 509959 669887 Certificates of deposit 1000000 F Money market accounts 4637668 F 5637668 Assets held in trust - Rabbi Trust 988562 Ravi Zacharias Benevolence Fund 401428 1389990 Rabbi Trust liability 988562 988562 X 24865814 2554865 197675 2752540 22113274 0 22113274 24189008 2554865 197675 2752540 21436468 0 21436468 Part V, Line 4: The Organization's endowment consists of an educational scholarship fund established in honor of twenty-five years of ministry of Dr. Ravi K. Zacharias. All donations to this fund will be permanently restricted and annual scholarships will be granted out of the fund's annual earnings. Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position would be sustained upon examination. Interest and penalties, if any, are included in the expenses in the statement of activities. As of September 30, 2014 and 2013, respectively, the Ministry had no uncertain tax positions that qualify for recognition in the financial statements. The Organization files information tax returns in the U.S. and various states. The Organization is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2009. Part XI, Line 2d - Other Adjustments: Cost of goods sold 197,675. Part XII, Line 2d - Other Adjustments: Cost of goods sold 197,675. 1 Europe (including Iceland and Greenland) 1 0 Program Services, Grantmaking Apologetics and Church events, Operating expenses. 6146316 South Asia 0 0 Program Services, Grantmaking Apologetics and Church events, Operating expenses. 1517604 East Asia and the Pacific 1 0 Program Services, Grantmaking Apologetics and Church events, Operating expenses. 712072 Sub-Saharan Africa 0 0 Program Services, Grantmaking Apologetics and Church events, Operating expenses. 288101 Middle East and North Africa 0 0 Program Services, Grantmaking Apologetics and Church events, Operating expenses. 218966 South America 0 0 Program Services, Grantmaking Apologetics and Church events, Operating expenses. 32535 Russia and the Newly Independent States 0 0 Program Services, Grantmaking Apologetics and Church events, Operating expenses. 2525 2 0 0 0 2 0 8918119 0 8918119 Europe (including Iceland and Greenland) Grants to recipients for apologetics and church events. 6094679 ELECTRONIC FUNDS TRANSFER South Asia Grants to recipients for apologetics and church events. 1494257 ELECTRONIC FUNDS TRANSFER East Asia and the Pacific Grants to recipients for apologetics and church events. 663000 ELECTRONIC FUNDS TRANSFER Middle East and North AFrica Grants to recipients for apologetics and church events. 208966 ELECTRONIC FUNDS TRANSFER Sub-Saharan AFrica Grants to recipients for apologetics and church events. 261526 ELECTRONIC FUNDS TRANSFER South America Grants to recipients for apologetics and church events. 32535 ELECTRONIC FUNDS TRANSFER 34 0 Grants to recipients Europe (including Iceland and Greenlandd) 6 51636 ELECTRONIC FUNDS TRANSFER Grants to recipients East Asia and the Pacific 7 49072 ELECTRONIC FUNDS TRANSFER Grants to recipients Sub-Saharan Africa 7 26575 ELECTRONIC FUNDS TRANSFER Grants to recipients South Asia 5 23348 ELECTRONIC FUNDS TRANSFER Grants to recipients Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, 1 10000 ELECTRONIC FUNDS TRANSFER Grants to recipients Russia 1 2525 ELECTRONIC FUNDS TRANSFER 0 0 0 0 0 0 Part I, Line 2: RZIM'S international affiliates are established in Canada, The United Kingdom, Singapore, and Hong Kong. RZIM helps to financially support all of these independent entities (except for Canada). The annual grant amounts for each of the affiliates are proposed in the initial budget draft for each fiscal year and approved by the Board of Directors. Each of the affiliates submits budgets and reports on how the funds are being spent. In addition, management personnel from the U.S. Headquarters makes periodic visits to the regions for audit and oversight purposes. The Ministry also has a benevolence wing, Wellspring International, whose mission is to come alongside existing organizations who are aiding women and children in underprivileged situations overseas. The needs are examined very carefully and properly verified before the financial assistance is granted. 1 Friends of Kardelen Foundation 4215 Tierra Rejada Rd 191 Moorpark CA 93021 770489324 501(C)(3) 30440 Scholarships Catholic University of America 620 Michigan Avenue NE Washington DC 20064 530196583 501(c)(3) 15000 Scholarships World Evangelical Alliance 74 Trinity Place New York NY 10006 237254928 501(c)(3) 15000 Scholarships Southwestern Baptist Theological Seminary PO Box 22510 Fort Worth TX 76122 750891462 501(c)(3) 10000 Scholarships 4 0 Part I, Line 2: The annual grant amounts for these organizations are proposed in the initial budget draft for each fiscal year and approved by the Board of Directors. All projects and financial needs are evaluated and verified before any funds are released. Schedule I, Part I, line 2 The Board has approved a scholarship program that is within the exempt purpose of the Organziation. The training department provides a review and approval function for the scholarship applications. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 Ravi K Zacharias Chairman and CEO 201021 0 0 0 0 0 88994 0 84960 0 374975 0 0 0 Margaret Zacharias Vice Chairman of Ministry 189539 0 0 0 0 0 4279 0 10973 0 204791 0 0 0 Sarah Davis Director/Executive Director 197544 0 0 0 0 0 0 0 13216 0 210760 0 0 0 Jeanette Chuquiure Chief Financial Officer 148909 0 0 0 0 0 4375 0 18733 0 172017 0 0 0 Robert Grinnell Vice President of Development 184232 0 0 0 0 0 4909 0 22078 0 211219 0 0 0 Stuart McAllister Director, Training - NA Re 147817 0 0 0 0 0 4610 0 22079 0 174506 0 0 0 Part I, Line 1a As an ordained minister of the Gospel, the CEO receives a board-approved housing allowance in accordance with Internal Revenue Code section 107. Nathan Zacharias Son of board member 82210 W-2 Wages and benefits 0 Robert A McNeil Jr Son-in-law of board member 87893 W-2 Wages and benefits 0 X 50 603234 Stock market exchange 0 1 0 Form 990, Part VI, Section A, line 2 Mrs. Margaret Zacharias, Dr. Ravi Zacharias, Sarah Davis - family relationship. Form 990, Part VI, Section B, line 11 A copy of the Form 990 is made available to all members of the Board of Directors for their review before filing the form. Form 990, Part VI, Section B, line 12c The Organization annually requires written disclosure from Board Members, Officers, and Key Employees of any relationships that may create conflicts of interest. The CFO and governance committee reviews the signed statements ensures that interested persons are in compliance with the conflict of interest policy. Any potential situations are carefully reviewed and the determined course of action is documented and followed up on. If a matter related to a potential conflict were to arise at a board meeting, the interested person would abstain from voting on matters related to the noted conflict. Form 990, Part VI, Section B, line 15 The CEO's compensation is reviewed and approved by the Board of Directors after research is completed using outside comparable data and upon deliberation during a board meeting that occurs every year in the month of November. For other officers and key employees, there is a performance review process and additional independent research is done by a qualified compensation expert contrasted against comparable salary ranges and relevant data. The approval process is documented in the minutes. Form 990, Part VI, Section C, line 19 Ravi Zacharias International Ministries makes both the financial statements and the conflict of interest policy available to the public upon request. Form 990, Part XII, Line 2c: The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year