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.

Transparency grade


To understand our transparency grade, click here.

Financial efficiency ratings

Sector: Evangelism

CategoryRatingOverall rankSector rank
Overall efficiency rating524 of 109421 of 44
Fund acquisition rating469 of 109719 of 44
Resource allocation rating831 of 109733 of 44
Asset utilization rating305 of 10949 of 44

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Balance sheet
Receivables, inventories, prepaids$730,587$877,417$483,884$283,928
Short-term investments$2,120,071$1,539,793$1,032,994$3,816
Other current assets$0$0$0$0
Total current assets$2,906,862$2,526,593$1,763,275$339,542
Long-term investments$0$0$0$0
Fixed assets$1,590,931$1,054,173$1,088,075$1,011,129
Other long-term assets$0$0$7,071$873
Total long-term assets$1,590,931$1,054,173$1,095,146$1,012,002
Total assets$4,497,793$3,580,766$2,858,421$1,351,544
Payables and accrued expenses$130,592$216,481$30,372$65,333
Other current liabilities$836,982$828,582$903,359$575,220
Total current liabilities$967,574$1,045,063$933,731$640,553
Due to (from) affiliates$0$0$0$0
Other long-term liabilities$0$0$0$3,982
Total long-term liabilities$0$0$0$160,982
Total liabilities$967,574$1,045,063$933,731$801,535
Net assets2019201820172015
Without donor restrictions$3,524,479$2,492,163$1,876,070$509,698
With donor restrictions$5,740$43,540$48,620$40,311
Net assets$3,530,219$2,535,703$1,924,690$550,009
Revenues and expenses
Total contributions$1,002,487$1,075,075$965,289$643,853
Program service revenue$7,692,146$7,228,961$6,609,034$5,280,453
Membership dues$0$0$0$0
Investment income($39,233)$3,198$829$1,682
Other revenue$709,749($100,201)$128,321($1,418)
Total other revenue$8,362,662$7,131,958$6,738,184$5,280,717
Total revenue$9,365,149$8,207,033$7,703,473$5,924,570
Program services$6,383,034$5,394,440$5,037,472$3,855,564
Management and general$1,959,715$2,185,025$1,815,506$1,346,643
Total expenses$8,370,636$7,596,020$6,863,229$5,531,160
Change in net assets2019201820172015
Surplus (deficit)$994,513$611,013$840,244$393,410
Other changes in net assets$0$0$0$0
Total change in net assets$994,513$611,013$840,244$393,410


Phil WaldrepChairman$122,500

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


Program accomplishments