Phil Waldrep Evangelistic Association

The information on this page was last updated 2/16/2023. If you see errors or omissions, please email: [email protected]


According to a recent Barna Group study, 8 out of the 10 most Post-Christian cities in America are in (or border) New England states. More than 50% of pastors leave New England each year discouraged.

But those numbers are changing! Among the pastors who attend the Pastor's Encouragement Retreat, the number of pastors who leave New England has decreased from 50% to just 7%.

Phil Waldrep Ministries (incorporated in 1980 as Phil Waldrep Evangelistic Association, Inc.) is a non-profit 501 (c)(3) Christian ministry located in Decatur, Alabama. We are governed by a board of directors and led by Southern Baptist evangelist, Phil Waldrep.

Contact information

Mailing address:
Phil Waldrep Ministries
226 Moulton St.
East Decatur, AL 35601


Phone: 256-355-1554

Email: [email protected]

Organization details

EIN: 630782826

CEO/President: Phil Waldrep

Chairman: Phil Waldrep

Board size: 8

Founder: Phil and Debbie Waldrep

Ruling year: 1980

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1998


For the Pastor's Encouragement Retreat: 50% of pastors leave New England before their third year of ministry. We exist to change that number.

Mission statement

Statement of faith

Jesus Christ is the Son of God. We believe Jesus Christ was born of a virgin, lived a sinless life, performed literal miracles, died a blood-atoning death, was bodily resurrected from the grave, ascended to the Father, and will return literally in the future.

The Holy Spirit resides in every believer and is there to guide the believer in knowing the mind of Christ.

We believe in one God co-existent in three persons: Father, Son and Holy Spirit.

The Bible is the inerrant, infallible Word of God and is the sole guide for faith and practice.

Salvation is by grace alone without any effort on the part of man.

The local church is the God-ordained institution for fulfilling the purpose and plan of God.

Donor confidence score

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Transparency grade


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Financial efficiency ratings

Sector: Evangelism

CategoryRatingOverall rankSector rank
Overall efficiency rating627 of 109224 of 46
Fund acquisition rating422 of 109518 of 46
Resource allocation rating885 of 109534 of 46
Asset utilization rating463 of 109216 of 46

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Balance sheet
Receivables, inventories, prepaids$662,237$494,366$730,587$877,417$483,884
Short-term investments$3,377,191$2,763,596$2,120,071$1,539,793$1,032,994
Other current assets$0$0$0$0$0
Total current assets$4,237,270$3,284,935$2,906,862$2,526,593$1,763,275
Long-term investments$0$0$0$0$0
Fixed assets$1,546,674$1,572,884$1,590,931$1,054,173$1,088,075
Other long-term assets$0$0$0$0$7,071
Total long-term assets$1,546,674$1,572,884$1,590,931$1,054,173$1,095,146
Total assets$5,783,944$4,857,819$4,497,793$3,580,766$2,858,421
Payables and accrued expenses$34,212$12,255$130,592$216,481$30,372
Other current liabilities$771,179$1,810,725$836,982$828,582$903,359
Total current liabilities$805,391$1,822,980$967,574$1,045,063$933,731
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$805,391$1,822,980$967,574$1,045,063$933,731
Net assets20212020201920182017
Without donor restrictions$4,978,553$2,972,754$3,524,479$2,492,163$1,876,070
With donor restrictions$0$62,085$5,740$43,540$48,620
Net assets$4,978,553$3,034,839$3,530,219$2,535,703$1,924,690
Revenues and expenses
Total contributions$1,158,482$958,100$1,002,487$1,075,075$965,289
Program service revenue$7,400,457$2,289,999$7,692,146$7,228,961$6,609,034
Membership dues$0$0$0$0$0
Investment income$710$1,592($39,233)$3,198$829
Other revenue$614,498$882,459$709,749($100,201)$128,321
Total other revenue$8,015,665$3,174,050$8,362,662$7,131,958$6,738,184
Total revenue$9,174,147$4,132,150$9,365,149$8,207,033$7,703,473
Program services$5,478,362$4,106,935$6,383,034$5,394,440$5,037,472
Management and general$1,748,224$484,672$1,959,715$2,185,025$1,815,506
Total expenses$7,230,433$4,627,530$8,370,636$7,596,020$6,863,229
Change in net assets20212020201920182017
Surplus (deficit)$1,943,714($495,380)$994,513$611,013$840,244
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,943,714($495,380)$994,513$611,013$840,244


Phil WaldrepChairman$138,039

Compensation data as of: 12/31/2021

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 2/16/2023. To update the information below, please email: [email protected]


Program accomplishments