#300 - 32040 Downes Road
Abbotsford, BC V4X 1X5
Acting Executive Director: Vic Wiens
Board Co-Chair: Maryanne Berge

Charitable Reg. #:84677 5559 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 2/5]

FINANCIAL TRANSPARENCY

Audited financial statements available only upon request.

C

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

n/r

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

90%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 90 cents are available for programs.



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OVERVIEW

About Multiply:

Founded in 1883 by the Mennonite Brethren Church, Multiply Network, previously known as MB Mission, is a missionary organization whose primary focus is to “multiply disciples and churches together that the world may know Jesus.” Multiply sends out mission workers to spread Christianity and focuses on planting churches that will, in turn, evangelize to their communities. 

Multiply runs international missions that address every step of the process from planting churches, to helping international churches prepare to launch their own missions. In F2020, Multiply planted 377 churches in partnership with Multiply USA (245 in F2019). Of these churches, 160 are in South Asia and 102 are in sub-Saharan Africa. 463 people participated in Multiply’s training for missionary work in F2020. 

Multiply also provides scholarships to young people around the world who want to work in ministry. 

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Results and Impact

Multiply baptized 5,560 people in F2020 (5,646 in F2019). 

While Ci highlights these key results, they may not be a complete representation of Multiply Network’s results and impact.

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Finances

Multiply Network received donations of $8.0m in F2020. Its administrative costs are 9% of revenues, and its fundraising costs are 1% of donations. This results in total overhead spending of 10%. For every dollar donated, 90 cents go towards Multiply’s programming, falling within Ci’s reasonable range for overhead spending.  

Multiply Network has $5.7m in total funding reserves, of which $228k is donor-endowed, resulting in a program cost coverage ratio, excluding donor-endowed funds, of 66%. This means that Multiply can cover 8 months of its annual program costs using its existing reserves. 

This charity report is an update that is being reviewed by Multiply. Changes and edits may be forthcoming. 

Updated July 5, 2021 by Asha McMullin.

Financial Review


Financial Ratios

Fiscal year ending May
202020192018
Administrative costs as % of revenues 8.7%6.7%6.5%
Fundraising costs as % of donations 1.0%1.1%0.9%
Total overhead spending 9.7%7.7%7.4%
Program cost coverage (%) 70.9%47.1%91.1%

Summary Financial Statements

All figures in $000s
202020192018
Donations 7,97211,2119,776
Government funding 61500
Investment income 164147191
Total revenues 8,75011,3589,966
Program costs - International 5,3835,3344,935
Program costs - Canada 2,8435,7033,991
Administrative costs 751747636
Fundraising costs 7811884
Total spending 9,05511,9029,646
Cash flow from operations (305)(544)320
Capital spending 13130
Funding reserves 6,0495,4218,349

Note: Ci has included revenue and expenses from discontinued programs in its financial analysis affecting revenues by $507k in F2020 and $2.1m in F2019 and expenses by $809k in F2020 and $3.0m in F2019. Ci has also reported a large one-time donation in its analysis, increasing revenues by $1.0m in F2018.

Salary Information

Full-time staff: 75

Avg. compensation: $75,073

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
3
$80k - $120k
7
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2020

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.mbmission.org
This email address is being protected from spambots. You need JavaScript enabled to view it.

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Charitable Registration Number: 80340 7956 RR0001