Haggai International

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/1/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

We believe that strategically positioned, influential leaders are catalyst for local people experiencing life change, community transformation, and nations being redeemed. We also believe that leaders need equipping and encouraging to achieve exponential impact and sustainable momentum. We select, equip, multiply, and encourage difference-makers all across the globe. We have equipped over 121,000 strategically positioned leaders in 189 nations who are committed to ending Gospel poverty. Strategically positioned, influential leaders are selected to attend the Haggai Leader Experience (HLE). Leaders are immersed in our life-changing, transformational experience. As new Haggai leaders, they return to their nations to live out God's expanded vision for their lives. Our leaders are encouraged and supported in their on-going work. Haggai leaders bring the Gospel to people only they can reach. They aren't perceived as foreigners with hidden agendas. They are trusted, reliable, respected, and listened to in their local communities. Visa access is a major limitation for Western missions. But Haggai leaders are citizens of the countries they operate in or have existing work visas. Learning a new language can be one of the biggest barriers to missions. Our leaders already know the language and the local dialect. They are ready to speak the Gospel in a way their fellow nationals understand.


Contact information

Mailing address:
Haggai International
4725 Peachtree Corners Circle, Suite 200
Peachtree Corners, GA 30092-2573

Website: https://www.haggai-international.org/

Phone: (770) 449-8869

Email: webmaster@haggai-international.org


Organization details

EIN: 580898309

CEO/President: Dr. Bev Upton Williams

Chairman: Alan Delk

Board size: 24

Founder: Dr. John Edmund Haggai

Year founded: 1963

Tax deductible: Yes

Fiscal year end:

Member of ECFA: Yes

Member of ECFA since: 2014


Purpose

Our vision is to see every nation redeemed and transformed through the Gospel of Jesus Christ. There is no shortcut, no easy way. Governments cannot bring peace. Education cannot bring salvation. Business and industry cannot bring healing. Psychology and sociology cannot bring joy. Only Jesus can bring reconciliation to the world.


Mission statement

At the core of our mission are strategically positioned leaders who are multiplying their influence with one purpose in mind - to end Gospel poverty. Our mission is to equip and inspire those leaders to more effectively demonstrate and present the Gospel of Jesus Christ and to prepare others to do the same.


Statement of faith

We believe the Bible to be the inspired, infallible, and authoritative Word of God, without error in the original writings. We believe in one God, Creator of all things, infinitely perfect, and eternally existing in three Persons, the Father, Son, and Holy Spirit. We believe that by one man, Adam, sin entered the world; that for the salvation of lost and sinful men, regeneration by the Holy Spirit through faith in our Lord Jesus Christ is absolutely essential. We believe in the deity and virgin birth of our Lord Jesus Christ, that He died upon the cross as a substitutionary sacrifice for the sin of the world and that He arose from the dead and ascended into Heaven, from whence He will return with power and glory. We believe in the doctrine of justification by faith, realizing it is impossible for man, through works, to please God or save himself. We believe in life after death; that there shall be a resurrection of the dead, both of the just and the unjust. We believe in the resurrection of the saved unto everlasting life in Heaven and the resurrection of the lost or unsaved unto eternal punishment. We believe in the present ministry of the Holy Spirit, Whose indwelling enables the Christian to live a godly life.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism

CategoryRatingOverall rankSector rank
Overall efficiency rating805 of 81744 of 45
Fund acquisition rating807 of 81745 of 45
Resource allocation rating787 of 81743 of 45
Asset utilization rating623 of 81733 of 45

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%28%28%22%16%15%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%25%23%19%15%14%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
96%87%82%85%92%95%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%19%17%18%18%21%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
4%13%18%15%8%5%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%71%74%71%71%68%
Spending ratio Spending ratio =
Total expenses /
Total revenue
91%128%135%106%82%70%
Program output ratio Program output ratio =
Program services /
Total revenue
78%91%99%75%58%47%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
9%-28%-35%-6%18%30%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%-12%-10%-2%7%12%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%10%10%11%11%12%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.300.480.360.300.280.26
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.641.471.481.461.481.51
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.430.710.530.430.410.39
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.5113.1813.4921.6926.4422.07
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.150.080.070.050.040.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.8615.6320.9226.5328.2729.28
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
14%11%10%8%8%9%
Debt ratio Debt ratio =
Debt /
Total assets
0%1%1%1%1%1%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
65%185%250%310%334%352%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$3,288,488$4,181,720$4,147,173$3,787,774$5,431,039
Receivables, inventories, prepaids$311,235$1,210,301$1,921,365$2,257,690$7,327
Short-term investments$18,007,421$20,458,303$22,647,016$22,546,254$20,326,984
Other current assets$0$0$0$0$0
Total current assets$21,607,144$25,850,324$28,715,554$28,591,718$25,765,350
Long-term investments$0$0$0$0$0
Fixed assets$9,930,614$11,475,576$12,552,476$13,232,590$12,678,199
Other long-term assets$298,925$919,985$521,740$597,540$559,064
Total long-term assets$10,229,539$12,395,561$13,074,216$13,830,130$13,237,263
Total assets$31,836,683$38,245,885$41,789,770$42,421,848$39,002,613
 
Liabilities20202019201820172016
Payables and accrued expenses$950,063$1,255,666$777,835$575,465$639,282
Other current liabilities$689,040$661,025$546,127$505,980$528,122
Total current liabilities$1,639,103$1,916,691$1,323,962$1,081,445$1,167,404
Debt$251,237$293,343$333,878$372,905$410,365
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,602,362$1,687,440$1,748,026$1,962,012$1,935,102
Total long-term liabilities$1,853,599$1,980,783$2,081,904$2,334,917$2,345,467
Total liabilities$3,492,702$3,897,474$3,405,866$3,416,362$3,512,871
 
Net assets20202019201820172016
Unrestricted$0$33,168,417$36,529,853$36,077,489$32,744,329
Temporarily restricted$0$855,882$1,529,939$2,603,885$2,421,301
Permanently restricted$0$324,112$324,112$324,112$324,112
Net assets$28,343,981$34,348,411$38,383,904$39,005,486$35,489,742
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$10,478,408$8,327,068$9,914,007$13,041,222$13,848,268
Program service revenue$625,439$504,942$389,124$386,128$271,042
Membership dues$0$0$0$0$0
Investment income$866,640$1,309,264$1,406,573$783,525$370,659
Other revenue$29,837$21,506$21,533$20,277$17,131
Total other revenue$1,521,916$1,835,712$1,817,230$1,189,930$658,832
Total revenue$12,000,324$10,162,780$11,731,237$14,231,152$14,507,100
 
Expenses20202019201820172016
Program services$10,863,331$10,090,450$8,856,075$8,320,395$6,846,352
Management and general$1,521,587$1,314,289$1,348,488$1,260,646$1,160,240
Fundraising$2,944,128$2,322,255$2,183,338$2,094,745$2,076,194
Total expenses$15,329,046$13,726,994$12,387,901$11,675,786$10,082,786
 
Change in net assets20202019201820172016
Surplus (deficit)($3,328,722)($3,564,214)($656,664)$2,555,366$4,424,314
Other changes in net assets$0$0$0$0$0
Total change in net assets($3,328,722)($3,564,214)($656,664)$2,555,366$4,424,314

Compensation

NameTitleCompensation
Dr John Edmund HaggaiFounder$316,870
Dr Beverly UptonCEO$261,757
Dr Bryce NortonCOO$207,130
Ms Louisa MouchetCFO$189,060
Mr Gary KeyAdvancement Director$187,999
Mr Milton KeyAdvancement Director$171,894
Mr John BachmanSecretary/CGIO$150,073
Mr Bert SamsVice President IT$140,764
Mr David DavisAdvancement Director$137,419
Mr Jeff CluxtonAdvancement Director$122,759
Ms Beverly SeidelAssistant Secretary$74,785

Compensation data as of: 3/31/2020


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 9/1/2020. To update the information below, please email: info@ministrywatch.com


History


Program accomplishments


Needs