Pulse Outreach 
The information on this page was last updated 2/22/2023. If you see errors or omissions, please email: [email protected]
Summary
Pulse aims to bring the hope of Jesus to the next generation - whether it's through live events or livestreams, local revival gatherings, raising up leaders, or creating digital resources - people have responded to Jesus through our initiatives.
Contact information
Mailing address:
Pulse Outreach
600 S 9th Street
Minneapolis, MN 55404
Website: pulse.org
Phone: 612-248-8080
Email: [email protected]
Organization details
EIN: 205425332
CEO/President: Nick Hall
Chairman: Kirk Humphreys
Board size: 6
Founder: Nick Hall
Ruling year: 2007
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2010
Purpose
As a culture, we have become increasingly silent about Jesus-yet this generation needs Him now more than ever. Pulse is on mission to put Jesus at the pulse of a generation through large and small live events around the world.
GenZs now spend more time on internet-connected devices than any generation in history. Pulse is working to bring the message of Jesus to them by developing digital content and resources-tools that will help this generation grow in their relationship with Jesus and share Him with others.
Mission statement
We want to see the Gospel spread, God's Word engaged, and disciples multiplied through live events, digital ministry, training for young evangelists and leaders, and working in deep partnership across generations.
Statement of faith
1- We believe the Bible is the inspired, the only infallible, authoritative Word of God.
2- We believe that there is one God, eternally existent in three persons: Father, Son, and Holy Spirit.
3- We believe in the deity of our Lord Jesus Christ in His virgin birth, in His sinless Life, in His miracles, in His death and atonement through His shed blood, in His bodily resurrection, and in His personal return in power and glory.
4- We believe that for the salvation of lost and sinful people, faith in the Lord Jesus Christ, repentance of sin, and new life by the Holy Spirit is essential.
5- We believe in the present ministry of the Holy Spirit, by whose indwelling the Christian is enabled to live a godly life.
6- We believe in the forgiveness of sins, and the resurrection of every individual, either to eternal life with God in heaven or to eternal separation from Him in hell.
7- We believe in the spiritual unity of believers in our Lord Jesus Christ.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Educational Media
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 858 of 1094 | 37 of 52 |
| Fund acquisition rating | | 873 of 1097 | 43 of 53 |
| Resource allocation rating | | 712 of 1097 | 33 of 53 |
| Asset utilization rating | | 608 of 1094 | 25 of 52 |
Financial ratios
| Funding ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 13% | 6% | 11% | 10% | 8% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 7% | 13% | 6% | 11% | 10% | 8% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 94% | 101% | 100% | 100% | 99% | 97% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 7% | 11% | 10% | 11% | 13% | 6% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 6% | -1% | 0% | 0% | 1% | 3% |
| Operating ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 77% | 81% | 82% | 81% | 89% |
Spending ratio Spending ratio = Total expenses / Total revenue | 88% | 114% | 57% | 98% | 75% | 143% |
Program output ratio Program output ratio = Program services / Total revenue | 69% | 87% | 46% | 80% | 61% | 128% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 12% | -14% | 43% | 2% | 25% | -43% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 20% | -11% | 66% | 7% | 76% | -301% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 12% | 9% | 7% | 6% | 5% |
| Investing ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.80 | 0.85 | 0.80 | 1.94 | 1.82 | 8.12 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.38 | 1.86 | 1.59 | 2.94 | 1.77 | 1.03 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.37 | 1.59 | 1.28 | 5.71 | 3.22 | 8.38 |
| Liquidity ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.84 | 30.49 | 43.75 | 6.98 | 14.72 | 5.20 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.03 | 0.02 | 0.14 | 0.07 | 0.19 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.68 | 7.32 | 9.15 | 1.80 | 3.47 | 1.16 |
| Solvency ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 8% | 6% | 33% | 22% | 19% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 92% | 108% | 116% | 35% | 43% | 10% |
Financials
| Balance sheet | |||||
| Assets | 2021 | 2020 | 2019 | 2018 | 2017 |
| Cash | $3,950,936 | $5,163,142 | $1,094,793 | $1,456,114 | $752,040 |
| Receivables, inventories, prepaids | $376,296 | $351,616 | $320,900 | $785,495 | $132,302 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $4,327,232 | $5,514,758 | $1,415,693 | $2,241,609 | $884,342 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $3,731,208 | $3,272,999 | $2,751,614 | $1,719,700 | $28,694 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $3,731,208 | $3,272,999 | $2,751,614 | $1,719,700 | $28,694 |
| Total assets | $8,058,440 | $8,787,757 | $4,167,307 | $3,961,309 | $913,036 |
| Liabilities | 2021 | 2020 | 2019 | 2018 | 2017 |
| Payables and accrued expenses | $141,925 | $126,048 | $202,931 | $152,245 | $170,106 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $141,925 | $126,048 | $202,931 | $152,245 | $170,106 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $510,897 | $439,004 | $1,173,785 | $706,085 | $0 |
| Total long-term liabilities | $510,897 | $439,004 | $1,173,785 | $706,085 | $0 |
| Total liabilities | $652,822 | $565,052 | $1,376,716 | $858,330 | $170,106 |
| Net assets | 2021 | 2020 | 2019 | 2018 | 2017 |
| Without donor restrictions | $7,157,279 | $7,125,188 | $1,225,906 | $2,342,355 | $613,717 |
| With donor restrictions | $248,339 | $1,097,517 | $1,564,685 | $760,624 | $129,213 |
| Net assets | $7,405,618 | $8,222,705 | $2,790,591 | $3,102,979 | $742,930 |
| Revenues and expenses | |||||
| Revenue | 2021 | 2020 | 2019 | 2018 | 2017 |
| Total contributions | $6,093,146 | $12,495,878 | $8,301,606 | $9,500,476 | $4,995,591 |
| Program service revenue | $38,529 | $84,386 | $50,125 | $211,468 | $128,828 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $19,199 | $13,580 | $12,185 | $7,189 | $3,424 |
| Other revenue | ($102,682) | ($96,022) | ($91,430) | ($143,890) | $48,846 |
| Total other revenue | ($44,954) | $1,944 | ($29,120) | $74,767 | $181,098 |
| Total revenue | $6,048,192 | $12,497,822 | $8,272,486 | $9,575,243 | $5,176,689 |
| Expenses | 2021 | 2020 | 2019 | 2018 | 2017 |
| Program services | $5,267,203 | $5,736,799 | $6,657,459 | $5,871,981 | $6,619,819 |
| Management and general | $810,487 | $637,823 | $527,171 | $428,835 | $380,090 |
| Fundraising | $787,589 | $691,086 | $900,244 | $914,378 | $411,150 |
| Total expenses | $6,865,279 | $7,065,708 | $8,084,874 | $7,215,194 | $7,411,059 |
| Change in net assets | 2021 | 2020 | 2019 | 2018 | 2017 |
| Surplus (deficit) | ($817,087) | $5,432,114 | $187,612 | $2,360,049 | ($2,234,370) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($817,087) | $5,432,114 | $187,612 | $2,360,049 | ($2,234,370) |
Compensation
| Name | Title | Compensation |
| Justin Tennison | President | $157,735 |
| Nick Hall | Founder and CEO | $154,384 |
| Chris McFarland End Dec 2018 | Executive Vice President | $147,691 |
Compensation data as of: 6/30/2019
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 2/22/2023. To update the information below, please email: [email protected]
History
Nick Hall is the visionary of Together, author of the book Reset, and the President of Pulse. As an evangelistic voice to this generation, Nick Hall has shared the Gospel at hundreds of events to more than five million people and is regularly featured as a speaker for pastors gatherings, student conferences, training events, and festivals around the world.
Program accomplishments
Our Founder and President, Nick Hall, started Pulse in 2006 on his college campus. Since then we've seen 318,244,124 people impacted by the Gospel and 1,997,440 people have responded to Jesus through our initiatives.