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
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 805 of 817 | 44 of 45 |
| Fund acquisition rating | | 807 of 817 | 45 of 45 |
| Resource allocation rating | | 787 of 817 | 43 of 45 |
| Asset utilization rating | | 623 of 817 | 33 of 45 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
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 ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
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 ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.30 | 0.48 | 0.36 | 0.30 | 0.28 | 0.26 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.64 | 1.47 | 1.48 | 1.46 | 1.48 | 1.51 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.43 | 0.71 | 0.53 | 0.43 | 0.41 | 0.39 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 6.51 | 13.18 | 13.49 | 21.69 | 26.44 | 22.07 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.15 | 0.08 | 0.07 | 0.05 | 0.04 | 0.05 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.86 | 15.63 | 20.92 | 26.53 | 28.27 | 29.28 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
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 | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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 assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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 | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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 assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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
| Name | Title | Compensation |
| Dr John Edmund Haggai | Founder | $316,870 |
| Dr Beverly Upton | CEO | $261,757 |
| Dr Bryce Norton | COO | $207,130 |
| Ms Louisa Mouchet | CFO | $189,060 |
| Mr Gary Key | Advancement Director | $187,999 |
| Mr Milton Key | Advancement Director | $171,894 |
| Mr John Bachman | Secretary/CGIO | $150,073 |
| Mr Bert Sams | Vice President IT | $140,764 |
| Mr David Davis | Advancement Director | $137,419 |
| Mr Jeff Cluxton | Advancement Director | $122,759 |
| Ms Beverly Seidel | Assistant 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