Harvey Cedars Bible Conference Inc 
The information on this page was last updated 5/16/2024. If you see errors or omissions, please email: [email protected]
Summary
Harvey Cedars Bible Conference is a Christian retreat center providing affordable conferences, retreats, family vacations, and other events. Summers are filled with events for families and youth, and groups and organizations of various sizes come for retreats year-round.
Contact information
Mailing address:
Harvey Cedars Bible Conference Inc
12 Cedars Ave.
Harvey Cedars, NJ 08008
Website: hcbible.org
Phone: 609-494-5689
Email: [email protected]
Organization details
EIN: 216000708
CEO/President: Jon Oldham
Chairman: Tony Hunt
Board size: 13
Founder: Jack and Eleanor Murray
Ruling year: 1952
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2005
Purpose
Throughout Scripture, we see reminders to rest from our everyday responsibilities. God instituted the day of rest from creation and modeled it in the person of Jesus, who taught His disciples to get away from the work and the crowds to find time to renew themselves in his presence.
Harvey Cedars is a place for you to rest-to retreat and still feel at home. We pray that when you step away, you'll find a place that meets your needs and helps you find renewed inspiration to live every day glorifying Christ in your home, church, neighborhood, and workplace. When you come to retreat at the shore, we pray God will meet you here.
Mission statement
We provide to families, teenagers, and youth staff quality programs, environments, and facilities through which they learn about Jesus Christ, become more like him, and get trained for leadership in the home, church, and community.
Statement of faith
We believe:
the Bible is the inspired, infallible, authoritative Word of God
there is one God, eternally existent in three persons: Father, Son, and Holy Spirit
Jesus Christ was fully God and fully man
regeneration by the Holy Spirit is essential for the salvation of lost and sinful people
in Jesus Christ's virgin birth, His sinless life, His miracles, His vicarious atoning death through the shedding of His blood, His bodily resurrection, His ascension to heaven, and His personal return in power and glory
in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life
in the resurrection of both the saved and the lost; those that are saved unto the resurrection of life and those that are lost unto the resurrection of damnation
in the spiritual unity of believers in our Lord Jesus Christ
The sixty-six books of the Bible are the inspired Word of God, the complete revelation of His will for the salvation of human beings. They are true in all they affirm, without error as originally written, and the only infallible and sufficient rule for faith and life.
The one true and living God, who exists eternally as Father, Son, and Holy Spirit, reveals Himself in the Bible and the world as Creator, Preserver, and sovereign Ruler of all things. He is infinite in His wisdom and knowledge, almighty in His power, unchangeable in His love, and righteous in all His ways.
Adam and Eve were created in God's image to have fellowship with Him. Tempted by Satan, they rebelled against God and were alienated from Him. As a result, they and their descendants became guilty, subject to sin's power, inclined toward disobedience to God's law, and unable to please God apart from His saving grace.
Jesus Christ, the Son of God, while remaining fully divine, became fully human through a miraculous conception and virgin birth. He lived a life of perfect obedience to the Father and died a substitutionary death, thereby reconciling to God all who believe in Him and ensuring their salvation from sin and its results. He achieved victory over death and the powers of evil, rose bodily from the grave, and ascended into heaven where, as the only mediator between God and humanity, He continually intercedes for His people.
The Holy Spirit of God implements the purposes of God. He applies the saving work of Jesus Christ to sinful human beings, giving them a new life, bringing them into fellowship with God, and equipping them for godly living and service.
Salvation is deliverance from alienation, guilt, bondage, and death, as well as restoration of fellowship, righteousness, freedom, and life for all who trust in Jesus Christ alone. It originates in and is sustained by God's sovereign and loving grace apart from any human merit, is based solely on Christ's work, is received by faith alone, and is expressed in a lifetime of developing holiness, obedience, and love.
The Church is the Body of Christ, the community of all believers who are united to Christ and to one another by the Holy Spirit. The Church is called to worship God and to demonstrate His gracious character in the world by proclaiming the gospel, making disciples from all nations, observing baptism and the Lord's supper, maintaining the unity and purity of the body, and seeking to apply the truths of Scripture to the needs of all people.
At the close of this age, Christ will return to raise the dead, establish His Kingdom on earth, and judge all people. The unrighteous will experience everlasting, conscious suffering in hell, but the righteous will experience everlasting life and fellowship with God in Heaven.
As a non-profit Protestant Evangelical Christian organization, Harvey Cedars Bible Conference reserves the right to refuse or cancel services or facility use to any individual(s) or group whose willful activity, teaching, or conduct detracts from its Christian witness or is contrary to this statement of faith.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Camps/Conference Centers
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 469 of 1102 | 18 of 36 |
| Fund acquisition rating | | 648 of 1103 | 25 of 37 |
| Resource allocation rating | | 143 of 1103 | 10 of 37 |
| Asset utilization rating | | 714 of 1102 | 23 of 36 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 7% | 8% | 7% | 19% | 9% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 2% | 3% | 4% | 3% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 32% | 28% | 37% | 50% | 15% | 27% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 2% | 3% | 4% | 3% | 3% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 68% | 72% | 63% | 50% | 85% | 73% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 88% | 86% | 83% | 85% | 84% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 89% | 81% | 99% | 90% | 72% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 79% | 70% | 82% | 77% | 60% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | 11% | 19% | 1% | 10% | 28% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | 3% | 4% | 0% | 2% | 8% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 10% | 10% | 13% | 12% | 12% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.38 | 0.23 | 0.19 | 0.17 | 0.22 | 0.20 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.62 | 2.83 | 3.01 | 3.47 | 3.85 | 3.16 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.51 | 0.64 | 0.56 | 0.60 | 0.84 | 0.63 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 5.29 | 43.78 | 50.98 | 59.09 | 18.23 | 18.50 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.19 | 0.02 | 0.02 | 0.02 | 0.05 | 0.05 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.90 | 18.35 | 21.07 | 19.78 | 13.55 | 17.94 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 2% | 5% | 4% | 3% | 3% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 207% | 434% | 514% | 558% | 448% | 485% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $1,535,808 | $1,009,979 | $442,480 | $923,765 | $1,895,551 |
| Receivables, inventories, prepaids | $435,596 | $533,781 | $497,198 | $124,805 | $100,381 |
| Short-term investments | $2,997,608 | $3,229,078 | $2,965,515 | $2,407,449 | $2,039,715 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $4,969,012 | $4,772,838 | $3,905,193 | $3,456,019 | $4,035,647 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $9,110,888 | $9,423,300 | $9,650,935 | $9,842,280 | $8,717,419 |
| Other long-term assets | $0 | $174,681 | $0 | $0 | $0 |
| Total long-term assets | $9,110,888 | $9,597,981 | $9,650,935 | $9,842,280 | $8,717,419 |
| Total assets | $14,079,900 | $14,370,819 | $13,556,128 | $13,298,299 | $12,753,066 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $113,505 | $93,622 | $66,085 | $189,540 | $218,094 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $113,505 | $93,622 | $66,085 | $189,540 | $218,094 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $204,220 | $576,998 | $482,997 | $155,969 | $160,436 |
| Total long-term liabilities | $204,220 | $576,998 | $482,997 | $155,969 | $160,436 |
| Total liabilities | $317,725 | $670,620 | $549,082 | $345,509 | $378,530 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $12,553,160 | $12,935,378 | $12,392,876 | $12,795,475 | $11,957,415 |
| With donor restrictions | $1,209,015 | $764,821 | $614,170 | $157,315 | $417,121 |
| Net assets | $13,762,175 | $13,700,199 | $13,007,046 | $12,952,790 | $12,374,536 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $981,768 | $1,205,191 | $1,174,061 | $473,530 | $949,422 |
| Program service revenue | $2,374,935 | $1,779,910 | $1,015,074 | $2,557,695 | $2,418,996 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $81,913 | $185,414 | $120,581 | $113,218 | $144,429 |
| Other revenue | $109,829 | $107,736 | $43,461 | $55,467 | $51,598 |
| Total other revenue | $2,566,677 | $2,073,060 | $1,179,116 | $2,726,380 | $2,615,023 |
| Total revenue | $3,548,445 | $3,278,251 | $2,353,177 | $3,199,910 | $3,564,445 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $2,789,429 | $2,297,390 | $1,931,813 | $2,464,593 | $2,152,212 |
| Management and general | $314,260 | $276,861 | $312,938 | $339,307 | $318,442 |
| Fundraising | $70,886 | $91,255 | $84,259 | $89,514 | $82,563 |
| Total expenses | $3,174,575 | $2,665,506 | $2,329,010 | $2,893,414 | $2,553,217 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $373,870 | $612,745 | $24,167 | $306,496 | $1,011,228 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $373,870 | $612,745 | $24,167 | $306,496 | $1,011,228 |
Compensation
| Name | Title | Compensation |
| Jonathan Oldham | Ex Dir/Secre | $127,618 |
Compensation data as of: 12/31/2022
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 5/16/2024. To update the information below, please email: [email protected]
History
Over 75 years ago on a beautiful island six miles off the coast of central New Jersey in a historic victorian hotel, God brought into existence Harvey Cedars Bible Conference.
For a full timeline, visit: hcbible.org/history
Program accomplishments
Needs
You may donate toward the general operational funds of HCBC, toward specific areas such as construction and renovations or the Summer Staff and Waypoint programs, or towards a "guest scholarship" for families or youth who have limited income so that they can experience God the way you have over the years. Whatever it may be, thank you for thinking of us!