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

Ruling year: 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.

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating112 of 102220 of 121
Fund acquisition rating340 of 102448 of 121
Resource allocation rating218 of 102422 of 121
Asset utilization rating184 of 102227 of 121

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%4%5%6%5%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%4%5%6%5%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%100%100%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%5%5%5%6%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%0%0%0%0%0%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%91%91%90%91%89%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%82%96%109%94%100%
Program output ratio Program output ratio =
Program services /
Total revenue
79%75%88%99%85%89%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%18%4%-9%6%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
9%54%19%-47%23%-1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%4%4%4%3%4%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.212.384.263.802.592.92
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.081.181.181.151.25
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.772.585.034.472.973.64
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
20.9761.3445.913.896.2739.90
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.020.020.260.160.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.114.582.332.003.403.22
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%2%14%34%23%16%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%12%12%9%14%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
75%41%20%17%30%29%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$3,170,048$1,337,342$1,357,612$1,872,468$852,268
Receivables, inventories, prepaids$272,164$335,178$421,355$433,752$646,956
Short-term investments$20,219$20,320$9,164$21,125$10,426
Other current assets$0$0$0$0$0
Total current assets$3,462,431$1,692,840$1,788,131$2,327,345$1,509,650
Long-term investments$0$0$0$0$0
Fixed assets$288,079$304,366$314,052$343,362$370,238
Other long-term assets$0$0$0$0$0
Total long-term assets$288,079$304,366$314,052$343,362$370,238
Total assets$3,750,510$1,997,206$2,102,183$2,670,707$1,879,888
 
Liabilities20202019201820172016
Payables and accrued expenses$56,451$36,872$459,598$371,232$37,832
Other current liabilities$0$0$0$0$0
Total current liabilities$56,451$36,872$459,598$371,232$37,832
Debt$0$249,000$249,000$249,000$269,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$249,000$249,000$249,000$269,000
Total liabilities$56,451$285,872$708,598$620,232$306,832
 
Net assets20202019201820172016
Without donor restrictions$2,570,576$330,657$542,474$1,408,814$941,757
With donor restrictions$1,123,483$1,380,677$851,111$641,661$631,299
Net assets$3,694,059$1,711,334$1,393,585$2,050,475$1,573,056
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$10,916,799$8,827,079$7,327,348$7,354,288$5,454,899
Program service revenue$0$0$0$25,076$19,628
Membership dues$0$0$0$0$0
Investment income$253$2,494$270($60)($448)
Other revenue$0$0$0$0$0
Total other revenue$253$2,494$270$25,016$19,180
Total revenue$10,917,052$8,829,573$7,327,618$7,379,304$5,474,079
 
Expenses20202019201820172016
Program services$8,142,390$7,766,128$7,225,246$6,301,552$4,874,766
Management and general$357,815$311,195$327,794$217,898$231,110
Fundraising$431,813$434,264$434,971$388,379$384,933
Total expenses$8,932,018$8,511,587$7,988,011$6,907,829$5,490,809
 
Change in net assets20202019201820172016
Surplus (deficit)$1,985,034$317,986($660,393)$471,475($16,730)
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,985,034$317,986($660,393)$471,475($16,730)

Compensation

NameTitleCompensation
Ethan ErkelDirector/Technology Direct$157,123
David YeghnazarExecutive Director$133,203

Compensation data as of: 12/31/2020


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