Asia Harvest 
The information on this page was last updated 12/4/2023. If you see errors or omissions, please email: [email protected]
Summary
Asia Harvest is a non-denominational Christian ministry working in various countries throughout Asia to see effective churches planted among unreached people groups. We work alongside Asian church leaders, helping and equipping them to focus on reaching the lost. Among the countries we focus on include China, India, Pakistan, Nepal, Bhutan, Bangladesh, Vietnam, Indonesia, Laos, Myanmar (Burma), and Cambodia. Within these countries live more than 3,000 unreached tribes and ethnic groups, so there is plenty of work to do!
Asia Harvest is a 'faith' ministry supported by God's people. We are registered as a 501(c)(3) tax-deductible non-profit organization in the United States. We also have offices or representatives in Australia, New Zealand, the United Kingdom, Germany and Malaysia.
Contact information
Mailing address:
Asia Harvest USA
353 Jonestown Rd #320
Winston Salem, NC 27104
Website: asiaharvest.org
Phone:
Email: [email protected]
Organization details
EIN: 201648411
CEO/President: Paul Hattaway
Chairman: Paul Hattaway
Board size: 9
Founder: Paul Hattaway
Ruling year: 2005
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2017
Purpose
We want to see millions of people from every tribe and people group experience a life-changing relationship with Jesus as they are reached with the Gospel, meeting in Scripturally-based local meetings, and having a strong desire for evangelism and outreach. We have a strategic focus on the tribes and people groups of Asia that are the most unreached and least helped.
Our goal is to exalt Jesus, by asking the Asian fellowship of believers how we can help them. We plan to accomplish our vision by providing an opportunity for individuals and organizations to pray for and support specific projects led by the fellowship of believers in Asia, helping provide the resources that are requested, thus equipping the Asian believers through our links with other fellowships of believers. We also write books and prayer material to encourage all believers in their support of the Asian Church.
We work with fellowships and organizations in various ways, such as printing of Bibles and evangelistic materials, help in training and seminars for indigenous believers' groups, aiding evangelists in their efforts to share the Gospel, humanitarian aid in situations where this will help in promoting the Gospel, helping those who have lost their income because of their faith, and providing research materials to aid in reaching the unreached. Through partnering with those having similar goals, we have been blessed to have had a part in fellowships being started in previously unreached people groups in Asia.
We have developed good contacts with many people around the world, networking with believers that are people of integrity. We do not function as a missionary-sending agency, but rather as a link between believers in Asia and the rest of the world.
Mission statement
Our mission is first of all to please God, then to serve, work with, and help equip the local fellowship of believers in Asia, by acting as a link between them and believers from all around the world, so that they can more effectively reach the unreached tribes and people groups of Asia.
Statement of faith
We believe that the sixty-six books of the Old and New Testament are inspired of God and inerrant in the original writing and that they are of supreme and final authority in faith and life.
We believe in one God, eternally existing as Father, Son and Holy Spirit, perfectly equal in essence.
We believe in God's direct creation of the universe without the use of pre-existent material and apart from any process of evolution whatsoever, according to the Genesis account.
We believe that Jesus Christ, the eternal Son of God, was miraculously conceived by the Holy Spirit and born of Mary, a Virgin, and is true God and true man.
We believe in the resurrection of the crucified body of our Lord, in His ascension into heaven, and in His present life there as High Priest and Advocate.
We believe that the Holy Spirit is the agent of the new birth through conviction and regeneration and that He seals, indwells and baptizes every believer into the Body of Christ at the moment of conversion. We believe that the Holy Spirit fills, empowers and distributes service gifts to believers.
We believe that man was created in the image of God, that he sinned and thereby incurred not only physical death but also spiritual death which is separation from God, and that all human beings are born with a sinful nature and are sinners in thought, word and deed.
We believe that the Lord Jesus Christ died as the substitutionary sacrifice for all men. The blood atonement He made was unlimited in its potential. It is limited only in its application, effectively saving those who are brought by the Holy Spirit to repentance and faith.
We believe that all who receive by faith the Lord Jesus Christ are born again of the Holy Spirit and thereby become children of God.
We believe after a person has repented and started to follow Christ that his or her life should reflect the holiness and purity of a child of God as outlined in the Scriptures, being transformed in thinking, motives and action.
We believe in that "blessed hope" - the personal, imminent return of our Lord and Savior Jesus Christ, when the church will be gathered unto Him.
We believe in the bodily resurrection of the just and the unjust, the everlasting blessedness of the saved, and the everlasting punishment of the lost.
We believe that the local church is the agency through which God has chosen to accomplish His work in the world.
We believe that believers and churches in every generation should take responsibility to "preach the Gospel to every creature."
We believe that God's heart is especially toward those poor in spirit and body in the world who have never before heard the message of His salvation. We believe as a mission we should endeavor to focus on those areas of the world where "Christ is not named."
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 72 of 1104 | 9 of 143 |
| Fund acquisition rating | | 54 of 1105 | 1 of 143 |
| Resource allocation rating | | 150 of 1105 | 15 of 143 |
| Asset utilization rating | | 445 of 1104 | 51 of 143 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 100% | 100% | 100% | 100% | 101% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 0% | 0% | 0% | 0% | -1% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 93% | 96% | 96% | 95% | 95% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 93% | 82% | 93% | 92% | 105% |
Program output ratio Program output ratio = Program services / Total revenue | 82% | 86% | 79% | 90% | 87% | 99% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 7% | 18% | 7% | 8% | -5% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 13% | 50% | 26% | 28% | -17% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 8% | 7% | 4% | 4% | 5% | 5% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.32 | 1.67 | 2.19 | 3.44 | 3.02 | 3.68 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.21 | 1.02 | 1.57 | 1.00 | 1.00 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.96 | 1.70 | 3.45 | 3.45 | 3.03 | 3.70 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.81 | 659.33 | 638.77 | 2800.19 | 1896.22 | 1624.22 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.67 | 7.06 | 3.48 | 3.48 | 3.96 | 3.24 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 0% | 0% | 0% | 0% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 68% | 60% | 46% | 29% | 33% | 27% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $3,549,706 | $1,985,669 | $1,573,248 | $1,137,237 | $807,850 |
| Receivables, inventories, prepaids | $13,990 | $7,750 | $5,911 | $10,088 | $22,599 |
| Short-term investments | $0 | $2,102 | $150 | $18,851 | $10,899 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,563,696 | $1,995,521 | $1,579,309 | $1,166,176 | $841,348 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $52,150 | $3,344 | $2,000 | $2,800 | $3,600 |
| Other long-term assets | $3,699 | $1,140,348 | $0 | $0 | $0 |
| Total long-term assets | $55,849 | $1,143,692 | $2,000 | $2,800 | $3,600 |
| Total assets | $3,619,545 | $3,139,213 | $1,581,309 | $1,168,976 | $844,948 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $5,405 | $3,124 | $564 | $615 | $518 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $5,405 | $3,124 | $564 | $615 | $518 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $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 | $5,405 | $3,124 | $564 | $615 | $518 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $2,576,138 | $1,668,793 | $1,494,801 | $1,012,367 | $761,291 |
| With donor restrictions | $1,038,002 | $1,467,296 | $85,944 | $155,994 | $83,139 |
| Net assets | $3,614,140 | $3,136,089 | $1,580,745 | $1,168,361 | $844,430 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $6,536,175 | $8,425,712 | $5,876,405 | $3,861,491 | $2,987,186 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $0 | $20,182 | $11 | $2,133 | $3,242 |
| Other revenue | ($14,293) | ($14,029) | ($17,552) | ($8,537) | ($20,622) |
| Total other revenue | ($14,293) | $6,153 | ($17,541) | ($6,404) | ($17,380) |
| Total revenue | $6,521,882 | $8,431,865 | $5,858,864 | $3,855,087 | $2,969,806 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $5,606,545 | $6,633,575 | $5,253,607 | $3,366,714 | $2,944,962 |
| Management and general | $437,286 | $242,946 | $192,873 | $163,462 | $165,455 |
| Fundraising | $0 | $0 | $0 | $980 | $170 |
| Total expenses | $6,043,831 | $6,876,521 | $5,446,480 | $3,531,156 | $3,110,587 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $478,051 | $1,555,344 | $412,384 | $323,931 | ($140,781) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $478,051 | $1,555,344 | $412,384 | $323,931 | ($140,781) |
Compensation
Compensation data for this ministry has not been collected.
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 12/4/2023. To update the information below, please email: [email protected]