South East Asia Prayer Center 
The information on this page was last updated 12/2/2024. If you see errors or omissions, please email: [email protected]
Summary
SEAPC is a global Christian community of friends that believe lives and nations changed through prayer.
Contact information
Mailing address:
South East Asia Prayer Center
531 5th street
Oakmont, PA 15139
Website: seapc.org
Phone: (412) 826-9063
Email: [email protected]
Organization details
EIN: 251758752
CEO/President: Matthew Geppert
Chairman: Don Quinn
Board size: 12
Founder: Mark Geppert
Ruling year: 1995
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2016
Purpose
A world connected through prayer that brings Christ-based change to those in need.
Mission statement
To establish and connect a global community of prayer that brings the hope and love of Jesus Christ into the world through parenting, healthcare education, micro-economic development.
Statement of faith
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 7 of 1102 | 3 of 120 |
| Fund acquisition rating | | 68 of 1103 | 4 of 120 |
| Resource allocation rating | | 41 of 1103 | 7 of 120 |
| Asset utilization rating | | 80 of 1102 | 7 of 120 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 0% | 0% | 0% | 1% | 1% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 0% | 0% | 0% | 1% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 100% | 97% | 97% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 0% | 0% | 0% | 1% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 0% | 3% | 3% | 0% | 0% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 96% | 95% | 95% | 92% | 95% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 96% | 104% | 90% | 93% | 103% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 92% | 99% | 85% | 86% | 98% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 4% | -4% | 10% | 7% | -3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | 16% | -19% | 44% | 41% | -37% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 4% | 4% | 4% | 7% | 4% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.91 | 2.46 | 2.80 | 2.01 | 2.00 | 3.20 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.79 | 2.84 | 3.14 | 2.02 | 2.87 | 6.23 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.96 | 6.98 | 8.80 | 4.04 | 5.73 | 19.97 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 15.33 | 23.14 | 11.03 | 12.71 | 7.98 | 2.01 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.04 | 0.09 | 0.08 | 0.13 | 0.50 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.73 | 1.65 | 1.24 | 2.73 | 1.83 | 0.30 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 37% | 44% | 47% | 61% | 71% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 36% | 41% | 43% | 57% | 63% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 91% | 25% | 20% | 27% | 19% | 9% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $505,264 | $421,016 | $836,449 | $452,074 | $159,975 |
| Receivables, inventories, prepaids | $8,052 | $15,177 | $7,344 | $8,522 | $8,522 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $513,316 | $436,193 | $843,793 | $460,596 | $168,497 |
| Long-term investments | $142,239 | $105,827 | $0 | $0 | $0 |
| Fixed assets | $800,063 | $828,450 | $857,574 | $859,297 | $881,992 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $942,302 | $934,277 | $857,574 | $859,297 | $881,992 |
| Total assets | $1,455,618 | $1,370,470 | $1,701,367 | $1,319,893 | $1,050,489 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $22,183 | $39,549 | $66,375 | $57,688 | $83,985 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $22,183 | $39,549 | $66,375 | $57,688 | $83,985 |
| Debt | $522,995 | $567,505 | $730,630 | $752,753 | $665,460 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $522,995 | $567,505 | $730,630 | $752,753 | $665,460 |
| Total liabilities | $545,178 | $607,054 | $797,005 | $810,441 | $749,445 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $756,072 | ($47,549) | $100,922 | $24,985 | $65,737 |
| With donor restrictions | $154,368 | $810,965 | $803,440 | $484,467 | $235,307 |
| Net assets | $910,440 | $763,416 | $904,362 | $509,452 | $301,044 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $3,721,633 | $3,587,974 | $3,701,660 | $2,845,089 | $3,252,132 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $6,412 | $0 | $0 | $0 | $2,316 |
| Other revenue | $1,581 | $109,379 | $105,838 | $3,489 | ($731) |
| Total other revenue | $7,993 | $109,379 | $105,838 | $3,489 | $1,585 |
| Total revenue | $3,729,626 | $3,697,353 | $3,807,498 | $2,848,578 | $3,253,717 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $3,445,613 | $3,664,239 | $3,254,344 | $2,435,974 | $3,202,418 |
| Management and general | $126,441 | $166,164 | $149,546 | $182,423 | $137,162 |
| Fundraising | $10,548 | $8,830 | $8,698 | $21,773 | $24,879 |
| Total expenses | $3,582,602 | $3,839,233 | $3,412,588 | $2,640,170 | $3,364,459 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $147,024 | ($141,880) | $394,910 | $208,408 | ($110,742) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $147,024 | ($141,880) | $394,910 | $208,408 | ($110,742) |
Compensation
| Name | Title | Compensation |
| Matthew Geppert | President | $62,272 |
Compensation data as of: 12/31/2023
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 12/2/2024. To update the information below, please email: [email protected]
History
For a timeline, visit: https://seapc.org/about-us/history/