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		604 of 624	38 of 39
Fund acquisition rating		609 of 625	39 of 39
Resource allocation rating		549 of 625	36 of 39
Asset utilization rating		465 of 624	31 of 39

Financial ratios

Funding ratios	Sector median	2018	2017	2016	2015	2014
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions	6%	22%	16%	15%	22%	22%
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue	5%	19%	15%	14%	20%	18%
Contributions reliance Contributions reliance = Total contributions / Total revenue	96%	85%	92%	95%	88%	85%
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses	5%	18%	18%	21%	23%	27%
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue	4%	15%	8%	5%	12%	15%

Operating ratios	Sector median	2018	2017	2016	2015	2014
Program expense ratio Program expense ratio = Program services / Total expenses	83%	71%	71%	68%	67%	58%
Spending ratio Spending ratio = Total expenses / Total revenue	97%	106%	82%	70%	84%	68%
Program output ratio Program output ratio = Program services / Total revenue	79%	75%	58%	47%	56%	39%
Savings ratio Savings ratio = Surplus (deficit) / Total revenue	3%	-6%	18%	30%	16%	32%
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets	6%	-2%	7%	12%	7%	16%
General and admin ratio General and admin ratio = Management and general expense / Total expenses	11%	11%	11%	12%	10%	15%

Investing ratios	Sector median	2018	2017	2016	2015	2014
Total asset turnover Total asset turnover = Total expenses / Total assets	1.30	0.30	0.28	0.26	0.29	0.26
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets	1.97	1.46	1.48	1.51	1.44	1.47
Current asset turnover Current asset turnover = Total expenses / Total current assets	2.50	0.43	0.41	0.39	0.42	0.38

Liquidity ratios	Sector median	2018	2017	2016	2015	2014
Current ratio Current ratio = Total current assets / Total current liabilities	7.63	21.69	26.44	22.07	15.04	14.84
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets	0.13	0.05	0.04	0.05	0.07	0.07
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12)	3.86	26.53	28.27	29.28	26.73	29.14

Solvency ratios	Sector median	2018	2017	2016	2015	2014
Liabilities ratio Liabilities ratio = Total liabilities / Total assets	12%	8%	8%	9%	16%	23%
Debt ratio Debt ratio = Debt / Total assets	0%	1%	1%	1%	4%	11%
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses	65%	310%	334%	352%	290%	294%

Financials

Balance sheet

Assets	2018	2017	2016	2015	2014
Cash	$4,147,173	$3,787,774	$5,431,039	$5,854,861	$1,873,744
Receivables, inventories, prepaids	$1,921,365	$2,257,690	$7,327	$7,327	$7,327
Short-term investments	$22,647,016	$22,546,254	$20,326,984	$20,272,015	$24,544,984
Other current assets	$0	$0	$0	$0	$0
Total current assets	$28,715,554	$28,591,718	$25,765,350	$26,134,203	$26,426,055
Long-term investments	$0	$0	$0	$0	$0
Fixed assets	$12,552,476	$13,232,590	$12,678,199	$10,971,831	$11,499,345
Other long-term assets	$521,740	$597,540	$559,064	$593,353	$910,509
Total long-term assets	$13,074,216	$13,830,130	$13,237,263	$11,565,184	$12,409,854
Total assets	$41,789,770	$42,421,848	$39,002,613	$37,699,387	$38,835,909

Liabilities	2018	2017	2016	2015	2014
Payables and accrued expenses	$777,835	$575,465	$639,282	$745,708	$656,408
Other current liabilities	$546,127	$505,980	$528,122	$992,355	$1,124,867
Total current liabilities	$1,323,962	$1,081,445	$1,167,404	$1,738,063	$1,781,275
Debt	$333,878	$372,905	$410,365	$1,486,741	$4,199,817
Due to (from) affiliates	$0	$0	$0	$0	$0
Other long-term liabilities	$1,748,026	$1,962,012	$1,935,102	$2,668,119	$3,053,135
Total long-term liabilities	$2,081,904	$2,334,917	$2,345,467	$4,154,860	$7,252,952
Total liabilities	$3,405,866	$3,416,362	$3,512,871	$5,892,923	$9,034,227

Net assets	2018	2017	2016	2015	2014
Unrestricted	$36,529,853	$36,077,489	$32,744,329	$30,987,185	$28,890,022
Temporarily restricted	$1,529,939	$2,603,885	$2,421,301	$495,167	$587,548
Permanently restricted	$324,112	$324,112	$324,112	$324,112	$324,112
Net assets	$38,383,904	$39,005,486	$35,489,742	$31,806,464	$29,801,682

Revenues and expenses

Revenue	2018	2017	2016	2015	2014
Total contributions	$9,914,007	$13,041,222	$13,848,268	$11,542,262	$12,694,203
Program service revenue	$389,124	$386,128	$271,042	$492,408	$256,329
Membership dues	$0	$0	$0	$0	$0
Investment income	$1,406,573	$783,525	$370,659	$1,045,509	$2,041,596
Other revenue	$21,533	$20,277	$17,131	$21,881	$18,867
Total other revenue	$1,817,230	$1,189,930	$658,832	$1,559,798	$2,316,792
Total revenue	$11,731,237	$14,231,152	$14,507,100	$13,102,060	$15,010,995

Expenses	2018	2017	2016	2015	2014
Program services	$8,856,075	$8,320,395	$6,846,352	$7,303,773	$5,878,215
Management and general	$1,348,488	$1,260,646	$1,160,240	$1,074,952	$1,522,424
Fundraising	$2,183,338	$2,094,745	$2,076,194	$2,572,477	$2,746,723
Total expenses	$12,387,901	$11,675,786	$10,082,786	$10,951,202	$10,147,362

Change in net assets	2018	2017	2016	2015	2014
Surplus (deficit)	($656,664)	$2,555,366	$4,424,314	$2,150,858	$4,863,633
Other changes in net assets	$0	$0	$0	$0	$0
Total change in net assets	($656,664)	$2,555,366	$4,424,314	$2,150,858	$4,863,633