Elam Ministries

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/27/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Elam Ministries is a registered charity in England & Wales and a 501(c)(3) non-profit charity in the United States. If we remain faithful to our calling, our conviction is that it is possible to see the nation of Iran transformed within our lifetime. Because Iran is a strategic gateway nation, the growing church in Iran will impact Muslim nations across the Islamic world. Since 1990, Elam has developed various programs for leadership development to help train people at various target levels. Elam works directly in the field by sending trained leaders and workers to strengthen existing churches and establish new ones. We also produce television programs designed to provide Iranians with a clear presentation of the Good News. Finally Elam works through the local church to provide relief to the poor and persecuted in practical demonstrations of the love of Jesus.


Contact information

Mailing address:
Elam Ministries, USA
5755 North Point Parkway
Suite 217
Alpharetta, GA 30022

Website: elam.com

Phone: 770-664-8800

Email: contact@elam.com


Organization details

EIN: 582134253

CEO/President: David Yeghnazar

Chairman:

Board size: 0

Founder: senior Iranian church leaders

Year founded: 1996

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2021


Purpose

Elam's vision is that all the people of the Iran region would have the opportunity to come to know the Lord Jesus Christ and follow Him as a disciple, and that Iranians would be instrumental in taking the Gospel to other Muslims. To achieve this vision, we:

Train leaders for fruitful, effective ministry in the Iran region.

Equip the Iranian church with Bibles and resources for evangelism and discipleship.

Send the Gospel into the Iran region through trained evangelists, church planters and Christian media.

Such is the openness of the Iranian people that wherever there is a witness to the Gospel, individuals, families and even communities are coming to Christ.


Mission statement

The mission of Elam is to strengthen and expand the church in the Iran region* and beyond.


Statement of faith

Evangelical Christians accept the revelation of the triune God given in the Scriptures of the Old and New Testaments and confess the historic faith of the gospel therein set forth.

A. The sovereignty and grace of the triune God, God the Father, God the Son and God the Holy Spirit in creation, providence, revelation, redemption and final judgement.

B. The divine inspiration and infallibility of the Old and New Testaments as originally given and their consequent entire trustworthiness and supreme authority in all matters of faith and conduct.

C. The universal sinfulness and guilt of fallen human beings, making them subject to God's wrath and condemnation.

D. The substitutionary sacrifice of Jesus Christ the incarnate Son of God as the sole and all sufficient ground of redemption from the guilt and power of sin and from its eternal consequences.

E. The justification of the sinner solely by the grace of God through faith in Christ who was crucified and bodily raised from the dead.

F. The illuminating, regenerating, in-dwelling and sanctifying work of God the Holy Spirit

G. The priesthood of all believers, who form the universal Church, the Body of which Christ is the Head, and which is committed by His command to the proclamation of the Gospel throughout the world.

H. The expectation of the personal, visible return of the Lord Jesus Christ in power and glory.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating74 of 94017 of 106
Fund acquisition rating381 of 94248 of 106
Resource allocation rating110 of 94218 of 106
Asset utilization rating78 of 94012 of 106

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%5%6%5%7%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%5%6%5%7%6%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%100%100%100%100%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%5%5%6%7%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%0%0%0%0%1%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%91%90%91%89%92%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%96%109%94%100%117%
Program output ratio Program output ratio =
Program services /
Total revenue
79%88%99%85%89%108%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%4%-9%6%0%-17%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%19%-47%23%-1%-60%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%4%4%3%4%3%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.264.263.802.592.923.45
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.261.181.181.151.251.28
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.875.034.472.973.644.43
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.2045.913.896.2739.9053.01
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.020.260.160.030.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.902.332.003.403.222.66
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%14%34%23%16%16%
Debt ratio Debt ratio =
Debt /
Total assets
0%12%12%9%14%14%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
74%20%17%30%29%24%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$1,337,342$1,357,612$1,872,468$852,268$911,907
Receivables, inventories, prepaids$335,178$421,355$433,752$646,956$568,366
Short-term investments$20,320$9,164$21,125$10,426$6,201
Other current assets$0$0$0$0$0
Total current assets$1,692,840$1,788,131$2,327,345$1,509,650$1,486,474
Long-term investments$0$0$0$0$0
Fixed assets$304,366$314,052$343,362$370,238$420,063
Other long-term assets$0$0$0$0$0
Total long-term assets$304,366$314,052$343,362$370,238$420,063
Total assets$1,997,206$2,102,183$2,670,707$1,879,888$1,906,537
 
Liabilities20192018201720162015
Payables and accrued expenses$36,872$459,598$371,232$37,832$28,043
Other current liabilities$0$0$0$0$0
Total current liabilities$36,872$459,598$371,232$37,832$28,043
Debt$249,000$249,000$249,000$269,000$269,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$249,000$249,000$249,000$269,000$269,000
Total liabilities$285,872$708,598$620,232$306,832$297,043
 
Net assets20192018201720162015
Without donor restrictions$330,657$542,474$1,408,814$941,757$753,543
With donor restrictions$1,380,677$851,111$641,661$631,299$855,951
Net assets$1,711,334$1,393,585$2,050,475$1,573,056$1,609,494
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$8,827,079$7,327,348$7,354,288$5,454,899$5,557,371
Program service revenue$0$0$25,076$19,628$62,368
Membership dues$0$0$0$0$0
Investment income$2,494$270($60)($448)$476
Other revenue$0$0$0$0$0
Total other revenue$2,494$270$25,016$19,180$62,844
Total revenue$8,829,573$7,327,618$7,379,304$5,474,079$5,620,215
 
Expenses20192018201720162015
Program services$7,766,128$7,225,246$6,301,552$4,874,766$6,052,436
Management and general$311,195$327,794$217,898$231,110$192,158
Fundraising$434,264$434,971$388,379$384,933$340,177
Total expenses$8,511,587$7,988,011$6,907,829$5,490,809$6,584,771
 
Change in net assets20192018201720162015
Surplus (deficit)$317,986($660,393)$471,475($16,730)($964,556)
Other changes in net assets$0$0$0$0$0
Total change in net assets$317,986($660,393)$471,475($16,730)($964,556)

Compensation

NameTitleCompensation
Ethan ErkelDirector/Technology Direct$152,202
David YeghnazarExecutive Director$134,736

Compensation data as of: 12/31/2019


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 9/27/2021. To update the information below, please email: info@ministrywatch.com


History

Elam was founded in 1990 by senior Iranian church leaders with a vision to serve the growing church in the Iran region. From the beginning, Elam's passion was to train and equip Iranian Christians to reach and disciple their country men. In 1990 six emerging leaders arrived in England from Iran to begin their fulltime ministry training. They lived in a small, two-bedroom flat and used the kitchen as a classroom. Since then, Elam has seen many years of God's faithfulness. By God's grace, the ministry is growing and is being used to strengthen and expand the church in the Iran region in a significant way.

Iran: Closed Land, Open Hearts

Since the 1979 Islamic revolution, Iranians have become increasingly disillusioned with Islam. The political, economic, and spiritual situation in Iran has resulted in a deep spiritual hunger for truth. Iran may be a closed land, but the people have open hearts. Iranians today are seen as the most open Muslim people to the Gospel in the world. More have become Christians since the revolution than the previous 1,300 years put together.

Unprecedented Church Growth

In 1979, there were less than 500 known Christians from a Muslim background in Iran. Today the most conservative estimate is that there are at least 360,000 believers in the nation. Church leaders believe that millions can be added to the church in the next few years-such is the spiritual hunger that exists and the disillusionment with the Islamic regime.


Program accomplishments


Needs