Haggai International

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

Category	Rating	Overall rank	Sector rank
Overall efficiency rating		705 of 725	38 of 39
Fund acquisition rating		719 of 726	39 of 39
Resource allocation rating		657 of 726	36 of 39
Asset utilization rating		537 of 725	31 of 39

Financial ratios

Funding ratios	Sector median	2019	2018	2017	2016	2015
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions	6%	28%	22%	16%	15%	22%
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue	5%	23%	19%	15%	14%	20%
Contributions reliance Contributions reliance = Total contributions / Total revenue	96%	82%	85%	92%	95%	88%
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses	5%	17%	18%	18%	21%	23%
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue	4%	18%	15%	8%	5%	12%

Operating ratios	Sector median	2019	2018	2017	2016	2015
Program expense ratio Program expense ratio = Program services / Total expenses	82%	74%	71%	71%	68%	67%
Spending ratio Spending ratio = Total expenses / Total revenue	94%	135%	106%	82%	70%	84%
Program output ratio Program output ratio = Program services / Total revenue	78%	99%	75%	58%	47%	56%
Savings ratio Savings ratio = Surplus (deficit) / Total revenue	6%	-35%	-6%	18%	30%	16%
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets	7%	-10%	-2%	7%	12%	7%
General and admin ratio General and admin ratio = Management and general expense / Total expenses	11%	10%	11%	11%	12%	10%

Investing ratios	Sector median	2019	2018	2017	2016	2015
Total asset turnover Total asset turnover = Total expenses / Total assets	1.19	0.36	0.30	0.28	0.26	0.29
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets	1.97	1.48	1.46	1.48	1.51	1.44
Current asset turnover Current asset turnover = Total expenses / Total current assets	2.32	0.53	0.43	0.41	0.39	0.42

Liquidity ratios	Sector median	2019	2018	2017	2016	2015
Current ratio Current ratio = Total current assets / Total current liabilities	6.75	13.49	21.69	26.44	22.07	15.04
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets	0.15	0.07	0.05	0.04	0.05	0.07
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12)	4.10	20.92	26.53	28.27	29.28	26.73

Solvency ratios	Sector median	2019	2018	2017	2016	2015
Liabilities ratio Liabilities ratio = Total liabilities / Total assets	10%	10%	8%	8%	9%	16%
Debt ratio Debt ratio = Debt / Total assets	0%	1%	1%	1%	1%	4%
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses	67%	250%	310%	334%	352%	290%

Financials

Balance sheet

Assets	2019	2018	2017	2016	2015
Cash	$4,181,720	$4,147,173	$3,787,774	$5,431,039	$5,854,861
Receivables, inventories, prepaids	$1,210,301	$1,921,365	$2,257,690	$7,327	$7,327
Short-term investments	$20,458,303	$22,647,016	$22,546,254	$20,326,984	$20,272,015
Other current assets	$0	$0	$0	$0	$0
Total current assets	$25,850,324	$28,715,554	$28,591,718	$25,765,350	$26,134,203
Long-term investments	$0	$0	$0	$0	$0
Fixed assets	$11,475,576	$12,552,476	$13,232,590	$12,678,199	$10,971,831
Other long-term assets	$919,985	$521,740	$597,540	$559,064	$593,353
Total long-term assets	$12,395,561	$13,074,216	$13,830,130	$13,237,263	$11,565,184
Total assets	$38,245,885	$41,789,770	$42,421,848	$39,002,613	$37,699,387

Liabilities	2019	2018	2017	2016	2015
Payables and accrued expenses	$1,255,666	$777,835	$575,465	$639,282	$745,708
Other current liabilities	$661,025	$546,127	$505,980	$528,122	$992,355
Total current liabilities	$1,916,691	$1,323,962	$1,081,445	$1,167,404	$1,738,063
Debt	$293,343	$333,878	$372,905	$410,365	$1,486,741
Due to (from) affiliates	$0	$0	$0	$0	$0
Other long-term liabilities	$1,687,440	$1,748,026	$1,962,012	$1,935,102	$2,668,119
Total long-term liabilities	$1,980,783	$2,081,904	$2,334,917	$2,345,467	$4,154,860
Total liabilities	$3,897,474	$3,405,866	$3,416,362	$3,512,871	$5,892,923

Net assets	2019	2018	2017	2016	2015
Unrestricted	$33,168,417	$36,529,853	$36,077,489	$32,744,329	$30,987,185
Temporarily restricted	$855,882	$1,529,939	$2,603,885	$2,421,301	$495,167
Permanently restricted	$324,112	$324,112	$324,112	$324,112	$324,112
Net assets	$34,348,411	$38,383,904	$39,005,486	$35,489,742	$31,806,464

Revenues and expenses

Revenue	2019	2018	2017	2016	2015
Total contributions	$8,327,068	$9,914,007	$13,041,222	$13,848,268	$11,542,262
Program service revenue	$504,942	$389,124	$386,128	$271,042	$492,408
Membership dues	$0	$0	$0	$0	$0
Investment income	$1,309,264	$1,406,573	$783,525	$370,659	$1,045,509
Other revenue	$21,506	$21,533	$20,277	$17,131	$21,881
Total other revenue	$1,835,712	$1,817,230	$1,189,930	$658,832	$1,559,798
Total revenue	$10,162,780	$11,731,237	$14,231,152	$14,507,100	$13,102,060

Expenses	2019	2018	2017	2016	2015
Program services	$10,090,450	$8,856,075	$8,320,395	$6,846,352	$7,303,773
Management and general	$1,314,289	$1,348,488	$1,260,646	$1,160,240	$1,074,952
Fundraising	$2,322,255	$2,183,338	$2,094,745	$2,076,194	$2,572,477
Total expenses	$13,726,994	$12,387,901	$11,675,786	$10,082,786	$10,951,202

Change in net assets	2019	2018	2017	2016	2015
Surplus (deficit)	($3,564,214)	($656,664)	$2,555,366	$4,424,314	$2,150,858
Other changes in net assets	$0	$0	$0	$0	$0
Total change in net assets	($3,564,214)	($656,664)	$2,555,366	$4,424,314	$2,150,858

Compensation

Name	Title	Compensation
Dr John Edmund Haggai	Founder	$315,923
Dr Beverly Upton	CEO	$259,045
Dr Bryce Norton	COO	$206,305
Mr Timothy Probasco	Advancement Director	$169,141
Mr John Bachman	CGIO	$148,923
Mr Sean Mitchell	Advancement Director	$147,023
Mr Mark Evans	Assistant Treasurer/Contro	$144,243
Mr Maymadom G Zachariah	Former CFO	$132,788
Mr Jasper Wyman	Advancement Director	$131,798
Mr Jeffrey Cluxton	Advancement Director	$122,306
Mr David Lee	Content & Conceptual Director	$112,785
Mr Albert Sams	Vice President IT	$111,119
Ms Beverly Kay Seidel	Assistant Secretary	$74,008
Ms Louisa Mouchet	Current CFO	$45,148