South East Asia Prayer Center 
The information on this page was last updated 3/22/2023. 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
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 13 of 1077 | 9 of 142 |
| Fund acquisition rating | | 94 of 1078 | 10 of 142 |
| Resource allocation rating | | 46 of 1078 | 17 of 142 |
| Asset utilization rating | | 61 of 1077 | 13 of 142 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 1% | 1% | 3% | 1% | 1% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 1% | 1% | 3% | 1% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 100% | 100% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 1% | 1% | 3% | 1% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 0% | 0% | 0% | 0% | 0% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 92% | 95% | 92% | 94% | 96% |
Spending ratio Spending ratio = Total expenses / Total revenue | 87% | 93% | 103% | 96% | 97% | 99% |
Program output ratio Program output ratio = Program services / Total revenue | 69% | 86% | 98% | 88% | 92% | 95% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 13% | 7% | -3% | 4% | 3% | 1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 18% | 41% | -37% | 43% | 42% | 20% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 7% | 4% | 5% | 4% | 3% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.87 | 2.00 | 3.20 | 9.83 | 15.74 | 22.23 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.60 | 2.87 | 6.23 | 1.00 | 1.00 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.64 | 5.73 | 19.97 | 9.83 | 15.74 | 22.23 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 14.18 | 7.98 | 2.01 | 0.00 | 0.00 | 0.00 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.13 | 0.50 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.75 | 1.83 | 0.30 | 1.22 | 0.76 | 0.54 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 61% | 71% | 0% | 0% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 57% | 63% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 89% | 19% | 9% | 10% | 6% | 4% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $452,074 | $159,975 | $322,146 | $183,704 | $106,601 |
| Receivables, inventories, prepaids | $8,522 | $8,522 | $0 | $0 | $0 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $460,596 | $168,497 | $322,146 | $183,704 | $106,601 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $859,297 | $881,992 | $0 | $0 | $0 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $859,297 | $881,992 | $0 | $0 | $0 |
| Total assets | $1,319,893 | $1,050,489 | $322,146 | $183,704 | $106,601 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $57,688 | $83,985 | $0 | $0 | $0 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $57,688 | $83,985 | $0 | $0 | $0 |
| Debt | $752,753 | $665,460 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $752,753 | $665,460 | $0 | $0 | $0 |
| Total liabilities | $810,441 | $749,445 | $0 | $0 | $0 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $24,985 | $65,737 | $322,146 | $110,175 | $71,612 |
| With donor restrictions | $484,467 | $235,307 | $0 | $73,529 | $34,989 |
| Net assets | $509,452 | $301,044 | $322,146 | $183,704 | $106,601 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $2,845,089 | $3,252,132 | $3,304,848 | $2,968,267 | $2,391,368 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $0 | $2,316 | $0 | $0 | $0 |
| Other revenue | $3,489 | ($731) | $0 | $0 | $0 |
| Total other revenue | $3,489 | $1,585 | $0 | $0 | $0 |
| Total revenue | $2,848,578 | $3,253,717 | $3,304,848 | $2,968,267 | $2,391,368 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $2,435,974 | $3,202,418 | $2,915,754 | $2,728,329 | $2,281,714 |
| Management and general | $182,423 | $137,162 | $166,009 | $129,279 | $69,580 |
| Fundraising | $21,773 | $24,879 | $84,643 | $33,556 | $18,556 |
| Total expenses | $2,640,170 | $3,364,459 | $3,166,406 | $2,891,164 | $2,369,850 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $208,408 | ($110,742) | $138,442 | $77,103 | $21,518 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $208,408 | ($110,742) | $138,442 | $77,103 | $21,518 |
Compensation
| Name | Title | Compensation |
| Matthew Geppert | President | $97,716 |
| Anthony Wimer | Management Director | $88,661 |
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 3/22/2023. To update the information below, please email: [email protected]
History
For a timeline, visit: https://seapc.org/about-us/history/