Joshua Fund 


Summary
The Joshua Fund mission is to bless Israel and her neighbors in the name of Jesus, according to Genesis 12:1-3. It was founded to encourage Christians to: 1) Pray knowledgeably and consistently for Israel and the Middle East. 2) Invite speakers to their churches to talk about how to bless Israel and her neighbors. 3) Take vision trips to and attend conferences in Israel and the Middle East. 4) Assist the poor and needy in Israel in the name of Jesus Christ. 5) Support the evangelical Church in Israel and the Middle East as the only true hope for peace and reconciliation.
This organization is a nonprofit. Contributions to it are fully deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).
Contact information
Mailing address:
PO Box 3468
McLean, VA 22103-2103
Website: www.joshuafund.net
Phone: (703) 860-0166
Organization details
EIN: 205350994
CEO/President: Joel C. Rosenberg
Chairman: Fred Schwien
Board size: 7
Founder: Joel & Lynn Rosenberg
Year founded: 2006
Tax deductible: No
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2009
Purpose
Since its founding in 2006, The Joshua Fund has invested millions in blessing poor and needy Jews, Muslims and Christians in the epicenter; in training and encouraging pastors and ministry leaders in the epicenter; and in educating and mobilizing Christians around the world to bless Israel and her neighbors in the name of our Lord Jesus Christ.
Mission statement
The Joshua Fund's mission is to bless Israel and her neighbors in the name of Jesus, according to Genesis 12:1-3. It was founded to encourage Christians to: 1) Pray knowledgeably and consistently for Israel and the Middle East. 2) Invite speakers to their churches to talk about how to bless Israel and her neighbors. 3) Take vision trips to and attend conferences in Israel and the Middle East. 4) Assist the poor and needy in Israel in the name of Jesus Christ. 5) Support the evangelical Church in Israel and the Middle East as the only true hope for peace and reconciliation.
Statement of faith
The Joshua Fund agrees with the Statement of Faith published by the National Association of Evangelicals:
- We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
- We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.
- We believe in the deity and humanity of Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, in His present rule as Head of the Church and in His personal return in power and glory.
- We believe that for the salvation of lost and sinful men regeneration by the Holy Spirit is absolutely essential.
- We believe in the present ministry of the Holy Spirit, by whose indwelling the Christian is enabled to live a godly life.
- We believe in the resurrection of both the saved and the lost, they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.
- We believe in the spiritual unity of believers in our Lord Jesus Christ.
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 | ![]() ![]() ![]() | 268 of 725 | 33 of 94 |
Fund acquisition rating | ![]() ![]() ![]() ![]() | 90 of 726 | 15 of 94 |
Resource allocation rating | ![]() ![]() ![]() | 454 of 726 | 54 of 94 |
Asset utilization rating | ![]() ![]() ![]() | 391 of 725 | 51 of 94 |
Financial ratios
Funding ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 1% | 1% | 1% | 1% | 1% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 1% | 1% | 1% | 1% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 98% | 99% | 99% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 1% | 1% | 1% | 1% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 2% | 1% | 1% | 0% | 0% |
Operating ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 81% | 81% | 81% | 84% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 107% | 106% | 100% | 116% | 107% |
Program output ratio Program output ratio = Program services / Total revenue | 82% | 87% | 86% | 80% | 98% | 91% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | -7% | -6% | 0% | -16% | -7% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | -8% | -7% | 1% | -19% | -8% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 18% | 18% | 18% | 15% | 14% |
Investing ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.46 | 1.23 | 1.19 | 1.12 | 1.32 | 1.21 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.35 | 1.00 | 1.01 | 1.02 | 1.02 | 1.02 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.19 | 1.23 | 1.20 | 1.14 | 1.35 | 1.24 |
Liquidity ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 14.97 | 29.40 | 29.10 | 73.36 | 17.62 | 28.28 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.03 | 0.03 | 0.01 | 0.06 | 0.04 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.01 | 9.39 | 9.62 | 10.38 | 8.39 | 9.36 |
Solvency ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 3% | 3% | 1% | 6% | 3% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 63% | 79% | 81% | 88% | 72% | 80% |
Financials
Balance sheet | |||||
Assets | 2019 | 2018 | 2017 | 2016 | 2015 |
Cash | $2,823,702 | $3,242,165 | $3,503,248 | $3,691,915 | $4,554,499 |
Receivables, inventories, prepaids | $101,080 | $80,160 | $368,849 | $348,227 | $432,622 |
Short-term investments | $1,901,177 | $1,848,829 | $1,538,371 | $1,526,141 | $1,516,374 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $4,825,959 | $5,171,154 | $5,410,468 | $5,566,283 | $6,503,495 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $19,988 | $48,242 | $118,008 | $135,578 | $155,765 |
Other long-term assets | $0 | $0 | $0 | $0 | $0 |
Total long-term assets | $19,988 | $48,242 | $118,008 | $135,578 | $155,765 |
Total assets | $4,845,947 | $5,219,396 | $5,528,476 | $5,701,861 | $6,659,260 |
Liabilities | 2019 | 2018 | 2017 | 2016 | 2015 |
Payables and accrued expenses | $164,135 | $177,697 | $73,749 | $315,853 | $229,943 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $164,135 | $177,697 | $73,749 | $315,853 | $229,943 |
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 | $164,135 | $177,697 | $73,749 | $315,853 | $229,943 |
Net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
Unrestricted | $4,664,509 | $5,003,940 | $5,439,238 | $5,276,820 | $6,324,308 |
Temporarily restricted | $17,303 | $37,759 | $15,489 | $109,188 | $105,009 |
Permanently restricted | $0 | $0 | $0 | $0 | $0 |
Net assets | $4,681,812 | $5,041,699 | $5,454,727 | $5,386,008 | $6,429,317 |
Revenues and expenses | |||||
Revenue | 2019 | 2018 | 2017 | 2016 | 2015 |
Total contributions | $5,469,697 | $5,801,891 | $6,160,258 | $6,453,807 | $7,520,347 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $101,755 | $55,975 | $36,223 | $17,483 | $14,950 |
Other revenue | $0 | $0 | $0 | $0 | $0 |
Total other revenue | $101,755 | $55,975 | $36,223 | $17,483 | $14,950 |
Total revenue | $5,571,452 | $5,857,866 | $6,196,481 | $6,471,290 | $7,535,297 |
Expenses | 2019 | 2018 | 2017 | 2016 | 2015 |
Program services | $4,849,513 | $5,015,248 | $4,983,705 | $6,333,656 | $6,832,376 |
Management and general | $1,043,880 | $1,150,149 | $1,139,820 | $1,124,570 | $1,161,559 |
Fundraising | $65,052 | $60,574 | $43,314 | $49,186 | $50,779 |
Total expenses | $5,958,445 | $6,225,971 | $6,166,839 | $7,507,412 | $8,044,714 |
Change in net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
Surplus (deficit) | ($386,993) | ($368,105) | $29,642 | ($1,036,122) | ($509,417) |
Other changes in net assets | $27,106 | ($44,923) | $39,077 | ($7,187) | ($13,639) |
Total change in net assets | ($359,887) | ($413,028) | $68,719 | ($1,043,309) | ($523,056) |
Compensation
Name | Title | Compensation |
Tim Lugbill | Executive Director | $173,871 |
Jeremy Grafman | Director - Special Project | $155,605 |
Renae DeBever | Director - Administration | $133,595 |
William Agius | Director - Neighbors Project | $133,491 |
Rich Chaffin | Board Member | $1,500 |
Compensation data as of: 12/31/2019
Response from ministry
No response has been provided by this ministry.
History
The Joshua Fund was founded in 2006 by Joel and Lynn Rosenberg to bless Israel and her neighbors in the name of Jesus, according to Genesis 12:1-3.
Program accomplishments
The Joshua Fund was founded by Joel and Lynn Rosenberg in the summer of 2006. The desire of their heart was to mobilize Christians to "bless Israel and her neighbors in the name of Jesus, according to Genesis 12:1-3.
In this famous passage from the book of Genesis, the Lord promised to bless those who bless the children of Abraham and curse those who curse them. In Matthew 19:19, Jesus instructed His followers to "love your neighbor as yourself." In Matthew 5:44, Jesus told His disciples to "love your enemies and pray for those who persecute you." In Matthew 25:31-46, Jesus exhorted His followers to feed the hungry, give water to the thirsty, care for strangers, clothe the naked, care for those who are sick, and visit those in prison.
Seeking to obey these biblical commands, the Rosenbergs established a non-profit educational and charitable organization that works closely with Jewish and Christian allies in Israel and the Middle East, as well as Christian allies around the world.
As an educational organization, The Joshua Fund has sought to engage Christians globally about God's love and plan for Israel and her neighbors. The Joshua Fund has:
- Led multiple prayer and vision trips to Israel.
- Organized conferences, retreats, and seminars about the epicenter for Christians in North America, Europe, the Middle East, and Asia.
- Addressed millions of people globally through TV, radio, video, print, and the web.
- Built relationships with government, business, and religious leaders.
As a charitable organization, The Joshua Fund has worked in Israel to:
- Provide food to individuals and families in severe need.
- Stockpile food and relief supplies ahead of coming wars.
- Provide clothing for those in need.
- House the homeless.
- Provide care for Holocaust survivors.
- Provide care for the elderly.
- Help protect and care for unwed mothers and their unborn children.
- Provide medical help for children needing open heart surgery.
- Purchase medical equipment for hospitals.
- Distribute school backpacks and school supplies to needy children.
- Purchase vehicles to transport relief supplies and people.
The Joshua Fund has also worked in the West Bank and Gaza--as well as in Israel's neighboring countries to:
- Establish the first-ever legally-sanctioned Christian radio station in northern Iraq, owned and operated by Iraqi Christians.
- Help build a ministry training center in Iraq, run by Iraqi Christians.
- Print and distribute hundreds of thousands of copies the Damascus film--a film made by Arab Christians in Syria about the life of the Apostle Paul--in Syria, Jordan, Lebanon, the West Bank and Gaza.
- Organize Bible-training conferences for Palestinian Christian leaders in Jerusalem, and Iraqi Christians in northern Iraq.
- Provide food and relief supplies to Muslims and persecuted Christians.
- Distribute school backpacks to needy Muslim and nominal Christian children.
- Distribute New Testaments and the Jesus film in Arabic and other languages to Muslims.
These are critical times. Approximately one-in-four Israelis live under the poverty level, including about one-third of Israeli children. Palestinians are even more impoverished, and the global economic crisis has not helped matters. Moreover, the geopolitical situation remains extremely volatile. In its first three years of operation, The Joshua Fund team responded to two wars against Israel--one provoked by Hezbollah in Lebanon in the summer of 2006, the other provoked by Hamas in Gaza in December 2008 and January 2009. Violence inside Iraq has created significant humanitarian relief needs there, too. Meanwhile, new threats against the Jewish state by Iran, Syria, and others continue to mount.
As a result of such troubling trends, the leaders of The Joshua Fund are committed to "praying for peace, while preparing for war." That is, we are praying that the Lord blesses and protects Israel and her neighbors and gives them true, just, and lasting geopolitical peace and economic prosperity. At the same time, The Joshua Fund is doing what we can to prepare for the possibility that another war, or series of wars, is coming.