Facts
Is Exago an official non-profit mission’s organization?
Yes. Exago has a tax I.D. # and is registered with the IRS as a 501-C3. The Board of directors sets and approves all finances & budget.
Yes. Exago has a tax I.D. # and is registered with the IRS as a 501-C3. The Board of directors sets and approves all finances & budget.
Does Exago charge for its ministry services?
No, but yes.
No – By and large we are a mission’s organization that depends on a team of faithful contributors to help us serve leaders. Though our ministry is hugely needed, much of what we do is difficult to put a tangible price on, as it is for the Kingdom of God. Our salaried staff raise up personal support teams that pray and partner with them in this crucial work.
Yes – When an organization or individual leader requests personalized, focused, and professional involvement from Exago for a formal period, there is sometimes an affordable cost element involved. Our leadership sets these amounts with two purposes in mind:
No, but yes.
No – By and large we are a mission’s organization that depends on a team of faithful contributors to help us serve leaders. Though our ministry is hugely needed, much of what we do is difficult to put a tangible price on, as it is for the Kingdom of God. Our salaried staff raise up personal support teams that pray and partner with them in this crucial work.
Yes – When an organization or individual leader requests personalized, focused, and professional involvement from Exago for a formal period, there is sometimes an affordable cost element involved. Our leadership sets these amounts with two purposes in mind:
- The participant(s) receiving our help are more likely to fully engage if there is some sort of monetary exchange that requires their accountability to the entire process.
- To cover all operational costs in providing services.
Why does Exago staff prefer monthly ACH giving from their support team?
- Cost: A smaller fee is charged to the ministry when supporters use their bank account for making gifts when compared to other options.
- Consistency: The same amounts wished to be given can be drawn at the same time each month, without delays caused by the postal service.
- Ease: Similar to paying for your water or electricity, it’s nice to have the items taken care of without having to remember to write the check, fill out the envelope, etc.
- Peace of mind: At one point a regular giver to Exago realized they hadn’t sent a check in over four months. It wasn’t intentional, as they pray for and encourage the ministry regularly. They simply and suddenly realized they had forgotten to sit down to write a check.
Despite those reasons and more, we also realize and understand that some wonderful people still strongly prefer to physically write checks and use postage when they are giving to the Lord via this ministry, as it serves as a personal reminder for them to be in prayer. We honor this, as giving is certainly an act of worship to the Lord.
Does Exago use debt to finance its ministry?
No. We are a debt-free ministry. We follow this financial principle because:
Does Exago use debt to finance its ministry?
No. We are a debt-free ministry. We follow this financial principle because:
- The borrower is slave to the lender (Proverbs 22:7)
- We believe God provides for our needs via giving the vision and planning to achieve our goals. This includes funding in advance by keeping team members up-to-date regarding upcoming needs and opportunities to give.
