Luis Palau Evangelistic Association

The information on this page was last updated 7/20/2022. If you see errors or omissions, please email: [email protected]


Summary

For more than 60 years, the Palau Association has shared the Good News of Jesus Christ with more than one billion people throughout the world. Through our efforts - and God's great provision - hundreds of thousands of individuals have come to faith in Jesus Christ.

The Palau Association has had the opportunity to work with thousands of churches in hundreds of cities around the world, including nine top global cities: London, Hong Kong, Singapore, Chicago, Moscow, Madrid, Mexico City, Buenos Aires, and Washington D.C. They also have strong international experience with extensive ethnic and cultural understanding.


Contact information

Mailing address:
Luis Palau Evangelistic Association
PO Box 50
Portland, OR 97207

Website: palau.org

Phone: (503) 614-1500

Email: [email protected]


Organization details

EIN: 930713827

CEO/President: Kevin Palau

Chairman: Scott Cahill

Board size: 17

Founder: Dr. Luis Palau

Ruling year: 1978

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1980


Purpose

We accomplish our mission through:

hosting evangelistic festivals to share the Good News in cities around the world,

equipping thousands of partner evangelists through a global network of evangelists,

celebrating and accelerating long-term Gospel work and evangelism in cities around the world through united, holistic, and sustainable City Gospel Movements,

and a far-reaching media ministry including online Bible training and daily radio shows on 5,539 radio outlets in 59 countries and a social media community of more than 20 million followers hearing daily Gospel messages and encouragement.

The Palau Association has had the opportunity to work with thousands of churches in hundreds of cities around the world, including nine top global cities: London, Hong Kong, Singapore, Chicago, Moscow, Madrid, Mexico City, Buenos Aires, and Washington D.C. They also have strong international experience with extensive ethnic and cultural understanding.


Mission statement

The Luis Palau Association exists to proclaim the Good News, unite the Church, and impact cities worldwide.


Statement of faith

We believe that the Bible is the verbally inspired Word of God, without error in the original writings, and the supreme and final authority in doctrine and practice.

We believe in one God, eternally existent in three Persons: Father, Son, and Holy Spirit.

We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious death and atonement through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory

We believe that faith in the Lord Jesus Christ and regeneration by the Spirit are essential for the salvation of lost and sinful man.

We believe in the present ministry of the Holy Spirit, by whose indwelling the Christian is enabled to live a godly life.

We believe in the forgiveness of sins, the resurrection of the body, and life eternal.

We believe in the spiritual unity of the Church, which is the Body of Christ, composed of all who are regenerated through faith in the Lord Jesus Christ

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Evangelism

CategoryRatingOverall rankSector rank
Overall efficiency rating105 of 10245 of 41
Fund acquisition rating413 of 102717 of 41
Resource allocation rating154 of 10277 of 41
Asset utilization rating171 of 10246 of 41

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%5%6%5%6%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%5%6%5%5%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
96%100%99%99%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%5%6%5%6%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
4%0%1%1%1%1%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%89%89%90%89%90%
Spending ratio Spending ratio =
Total expenses /
Total revenue
91%92%100%100%95%96%
Program output ratio Program output ratio =
Program services /
Total revenue
73%82%89%89%85%87%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
9%8%0%0%5%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
12%28%2%2%26%23%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%6%5%5%5%4%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.942.684.214.353.834.78
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.521.231.471.651.611.73
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.143.306.197.206.178.28
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
7.726.223.328.843.182.57
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.160.300.110.310.39
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.753.051.351.481.330.89
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
14%19%20%18%19%22%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
84%30%19%19%21%16%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$4,241,378$2,727,252$2,081,115$2,751,944$2,712,924
Receivables, inventories, prepaids$0$0$0$0$142,714
Short-term investments$4,205,233$2,310,894$2,385,346$1,813,443$412,883
Other current assets$132,213$237,020$0$0$0
Total current assets$8,578,824$5,275,166$4,466,461$4,565,387$3,268,521
Long-term investments$569,426$959,189$857,791$936,368$861,547
Fixed assets$1,383,981$1,520,873$1,754,329$1,595,591$1,534,405
Other long-term assets$0$0$310,077$263,907$0
Total long-term assets$1,953,407$2,480,062$2,922,197$2,795,866$2,395,952
Total assets$10,532,231$7,755,228$7,388,658$7,361,253$5,664,473
 
Liabilities20202019201820172016
Payables and accrued expenses$1,379,730$630,064$505,418$497,258$434,492
Other current liabilities$0$959,189$0$936,368$837,547
Total current liabilities$1,379,730$1,589,253$505,418$1,433,626$1,272,039
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$569,426$0$857,791$0$0
Total long-term liabilities$569,426$0$857,791$0$0
Total liabilities$1,949,156$1,589,253$1,363,209$1,433,626$1,272,039
 
Net assets20202019201820172016
Without donor restrictions$8,080,882$5,872,932$5,447,320$4,657,253$4,032,456
With donor restrictions$502,193$293,043$578,129$1,270,374$359,978
Net assets$8,583,075$6,165,975$6,025,449$5,927,627$4,392,434
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$30,663,843$32,476,762$32,065,995$29,490,588$27,810,584
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income($80,849)$79,106($42,151)$19,675($863)
Other revenue$112,752$245,035$236,657$216,161$267,342
Total other revenue$31,903$324,141$194,506$235,836$266,479
Total revenue$30,695,746$32,800,903$32,260,501$29,726,424$28,077,063
 
Expenses20202019201820172016
Program services$25,243,530$29,029,250$28,834,896$25,197,941$24,476,307
Management and general$1,641,377$1,765,406$1,569,969$1,365,479$1,160,715
Fundraising$1,393,739$1,865,721$1,757,814$1,627,811$1,410,947
Total expenses$28,278,646$32,660,377$32,162,679$28,191,231$27,047,969
 
Change in net assets20202019201820172016
Surplus (deficit)$2,417,100$140,526$97,822$1,535,193$1,029,094
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,417,100$140,526$97,822$1,535,193$1,029,094

Compensation

NameTitleCompensation
Kevin PalauPresident/Director$261,236
John OgleVice President$253,654
Andrew PalauDir. of Festivals$253,410
Dr Luis PalauEvangelist/Director$221,942
Keith PalauDir. of Donor Relations$166,829
Scott KraskeChief Financial Officer/Treasurer$158,833
Jorge ScopazzoProducer$157,983
Justin FordiceDirector of Communications$152,994
Tracy RobertsIT Director$136,086

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 7/20/2022. To update the information below, please email: [email protected]


History

In 1947 Luis Palau confessed Jesus Christ as Savior at a summer camp led by a Saint Alban's teacher. "That night I could hardly sleep," Palau remembers. "Back in my tent, by the light of my flashlight, I wrote in my Bible: 'February 12, 1947, I received Jesus Christ.''

During a particularly tempting Carnival Week in 1951 in Buenos Aires, Palau made what he calls "the second most important decision in my life: to serve only Jesus Christ and to give my life to working for Him." In the following years Luis Palau became very active in the local church. He began extensive personal Bible study and began speaking in outdoor evangelistic meetings and on radio.

In 1959 Luis began working for the Latin American division of OC International, a missionary organization based in Colorado Springs, Colorado. By 1961 Luis Palau completed graduate program at Multnomah School of the Bible, Portland, Oregon and married Patricia Marilyn Scofield, another Multnomah student. Luis Palau joined OC International and began a seven-month training program in Detroit, Michigan, with Missionary Internship.

In 1962 Luis Palau became a citizen of the United States of America. Luis Palau served as Spanish interpreter for Billy Graham during his evangelistic crusade in Fresno, California. In 1963 Luis Palau was ordained a Christian minister in Palo Alto, California. OC International assigned the Palaus to church-planting ministry in Colombia, South America. In 1964, In Colombia, Luis Palau began regular Gospel radio broadcasts, developing into Luis Palau Responde and Cruzada, now heard daily by an estimated 22 million people in the Spanish-speaking world. Luis Palau began extensive writing ministry. In 1966 Luis Palau spoke to 20,000 people at the Presidential Plaza in Bogota, Colombia, on the opening day of his first large-scale evangelistic crusade. In 1967 he began forming the Luis Palau Evangelistic Team within the framework of OC International. He first outlined the Palau Team's objectives: to win people to Christ; to stimulate and mobilize the Church to effective evangelism; to see hundreds, if not thousands, of young men enter the ministry; and to plant local churches. From 1968 through 1978 Luis Palau continued to do crusades to hundreds of thousand listeners throughout Mexico, other South American countries , Spain, Germany and Britain. In 1978 the Luis Palau Evangelistic Team incorporated as an independent Organization.

Since 1978 worldwide crusades have be part of the ministry with hundreds of thousand lives influenced. In 1994 LPEA launched a new bimonthly Newsletter, PROCLAIM and Thomas Nelson published Palau' new book, Healthy Habits for Spiritual Growth.

2001 - Less than two weeks after September 11, more than 50,000 people attend Beachfest Santa Cruz in California. Palau also attends a meeting at the White House with religious leaders and President Bush.

2020 - Blessing the Nations initiative is launched, focusing on major expansion of outreach over the next 4 years

For a full timeline, visit palau.org/about/history .


Program accomplishments


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