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Harvest Evangelism/ Ed Silvoso

Rating
Sector:

Evangelism Support

Total
Revenue:

$2,702,217

Total
Expenses:

$2,496,773

Net
Assets:

$2,459,963
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 83.7% 75.3%
General & Admin 12.6% 10.5%
Fundraising 6.8% 7.3%
Savings -4.3% 7.6%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
<25
<$1m$1m-
$5m
>$5m

Summary

Harvest Evangelism, Inc. ("H.E.") was established for the purpose of evangelism and international ministerial training. H.E. conducts seminars where church members are taught to evangelize and reach their cities for Christ. H.E. is an inter-denominational ministry committed to fulfilling the Great Commission (Matt.28: 19, 20). The H.E. team is led by founder and president Rev. Ed Silvoso. Rev. Silvoso is dedicated to serving the entire Body of Christ around the globe and hopes to reach entire cities for Christ by implementing the principles and strategies of Prayer Evangelism (Luke 10:1-9 & I Tim. 2:1-8). This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Contact Information: [ Back to top ]

Mailing Address:PO Box 20310
San Jose, CA
95160-0310
Website: www.harvestevan.org
Phone:(408) 927-9052
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 942684511
CEO/President: Rev. Ed Silvoso Tax Deductible: Yes
Chairman: Mr. Ray Pinson Fiscal Year End: March 31
Board Size: 6 Financial info from: 990
Founder: Rev. Ed Silvoso Member of ECFA: Yes
Year Founded: 1980 Member of ECFA since: 1989

Purpose [ Back to top ]

Harvest Evangelism, Inc. ("H.E.") was established for the purpose of evangelism and international ministerial training. H.E. conducts seminars where church members are taught to evangelize and reach their cities for Christ. H.E. is an inter-denominational ministry committed to fulfilling the Great Commission (Matt.28: 19, 20). The H.E. team is led by founder and president Rev. Ed Silvoso. Rev. Silvoso is dedicated to serving the entire Body of Christ around the globe and hopes to reach entire cities for Christ by implementing the principles and strategies of Prayer Evangelism (Luke 10:1-9 & I Tim. 2:1-8). This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Mission Statement [ Back to top ]

Harvest Evangelism, Inc.("H.E") uses the following to express its mission:

Changing the Spiritual Climate over our cities

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

Statement of Faith [ Back to top ]

Harvest Evangelism uses the following to communicate its faith:

We believe the Bible is the inspired Word of God and is infallible and authoritative in the original writings.

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

We believe in the deity of the 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 the salvation of lost and sinful man is only achieved through faith in the Lord Jesus Christ and regeneration by the Holy Spirit of God.

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 sin, the bodily resurrection of the believer, 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.

History [ Back to top ]

In its nineteen-year history, the Lord has allowed Harvest Evangelism to develop a method, based on the biblical principles of unity, reconciliation, and prayer, for reaching entire cities for Christ. The first city was Resistencia, Argentina, where the implementation of these principles produced much growth in church attendance during the three-year period of time from 1988 to 1991. Since that time, Church growth in Resistencia has increased greatly, and a significant change in the spiritual climate of the city has occurred. Other cities, such as San Nicolas and Mar del Plata in Argentina are also beginning to see similar breakthroughs.

In August of 1994, Ed Silvoso's book, That None Should Perish, which spells out in detail the principles behind the prototype, was published by Regal Books. Today, by God's grace, thousands of pastors and lay people in hundreds of congregations are influencing cities around the world through prayer evangelism. Harvest Evangelism's U.S. staff are positioned to help guide city-wide efforts such as "Pray Twin Cities" (Minneapolis/St. Paul), "Pray Yuba-Sutter" (Counties, in No. California), and "Pray South Bay" (San Jose, California area) and service emerging prayer evangelism projects in cities around the world from Hong Kong to South America to the United Kingdom.

Each and all of the Harvest Evangelism ministries are dedicated to the task of reaching the population centers of the world for the cause of Christ. As in the beginning, the team remains committed to serve the entire Body of Christ by praying to the Lord of the harvest for more laborers (Matt. 9:38) and equipping those laborers already on the field (Eph. 4:12) until the Great Commission is fulfilled.

Ministry Needs [ Back to top ]

This organization has not offered MinistryWatch.com with specific needs to be posted on the profile. At such a time that MinistryWatch.com receives a response from the ministry, it will be posted immediately.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria categoryGradeOther Comments
Timeliness:7010/28/2011 4:14:58 PM: Organization made financial information available greater than 7 ½ months.
Financial Information:100
Foundational Clarity:10010/28/2011 4:15:06 PM: Descriptive information was abundant and thorough.
Level of Cooperation:100
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankEvangelism Support Sector
Overall Efficiency RatingStarStar240 of 348    28 of 37
Fund Acquisition DecisionStarStar240 of 348      29 of 37
Resource Allocation Decision of 348      32 of 37
Asset Utilization Decision of 348      32 of 37
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Ministry Statement or Response [ Back to top ]

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20102009200820072006
Return on FR Efforts10%11%11%9%9%11%
Fundraising Cost Ratio7%7%8%6%6%9%
Contributions Reliance83%66%70%65%68%78%
Fundraising Expense Ratio7%8%7%7%7%10%
Other Revenue Reliance17%34%30%35%32%22%
Operating RatiosDatabase Average20102009200820072006
Program Expense Ratio80%82%82%82%79%75%
Spending Ratio104%92%101%86%88%92%
Program Output Ratio84%75%83%70%70%68%
Savings Ratio-4%8%-1%14%12%8%
Reserve Accumulation Rate4%8%-1%19%19%13%
General & Admin Ratio13%11%10%11%14%16%
Investing RatiosDatabase Average20102009200820072006
Total Asset Turnover2.85x.86x0x.54x.58x.5x
Degree of L-T Investment3.06x2.28x0x4.29x6.49x9.6x
Current Asset Turnover5.43x1.95x2.39x2.3x3.79x4.81x
Age of Assets10.5yr(s)16.6yr(s)15yr(s)3.8yr(s)15.8yr(s)15.5yr(s)
Liquidity RatiosDatabase Average20102009200820072006
Current Ratio3276.63x4.47x2.82x4.7x8.42x7.12x
Current Liabilities Ratio.38x.22x.35x.21x.12x.14x
Liquid Reserve Level4.95x4.77x3.24x4.11x2.79x2.14x
Solvency RatiosDatabase Average20102009200820072006
Liabilities Ratio.3x.15x0x.53x.58x.64x
Debt Ratio.07x.06x0x.48x.54x.58x
Reserve Coverage Ratio81%99%91%87%71%71%

Financials[ Back to top ]

Balance Sheet
Assets20102009200820072006
Cash$74,561$13,534$167,019$479,120$300,664
Receivables, Inventories & Prepaids$1,202,829$1,026,184$133,935$186,227$128,082
Short-Term Investments$0$0$803,248$0$0
Total Current Assets$1,277,390$1,039,718$1,104,202$665,347$428,746
Long-Term Investments$1,508,793$1,543,409$3,551,136$0$0
Fixed Assets$3,712$11,459$31,413$3,648,314$3,674,581
Other Long-Term Assets$118,655$148,319$51,568$6,447$12,051
Total Long-Term Assets$1,631,160$1,703,187$3,634,117$3,654,761$3,686,632
TOTAL ASSETS$2,908,550$0$4,738,319$4,320,108$4,115,378
Liabilities20102009200820072006
Payables & Accrued Expenses$225,594$368,386$155,002$78,981$60,231
Other Current Liabilities$60,000$0$79,731$0$0
Total Current Liabilities$285,594$368,386$234,733$78,981$60,231
Debt$162,993$120,000$2,265,926$2,325,591$2,391,920
Other Long-Term Liabilities$0$0$21,230$116,600$196,729
Total Long-Term Liabilities$162,993$120,000$2,287,156$2,442,191$2,588,649
TOTAL LIABILITIES$448,587$488,386$2,521,889$2,521,172$2,648,880
Assets20102009200820072006
Unrestricted$2,459,963$2,254,519$1,767,833$1,360,978$1,206,241
Temporarily Restricted$0$0$448,597$437,958$260,257
Permanently Restricted$0$0$0$0$0
NET ASSETS$2,459,963$2,254,519$2,216,430$1,798,936$1,466,498
Revenue and Expenses
Revenue20102009200820072006
Total Contributions$1,769,994$1,720,920$1,910,460$1,939,212$1,758,980
Program Service Revenue$957,112$771,240$996,491$874,285$399,176
Membership Dues$0$0$0$0$0
Investment Income$9,727$8,003$54,767$5,692($8,421)
Other Revenue($34,616)($32,572)$0$38,302$102,686
Total Other Revenue$932,223$746,671$1,051,258$918,279$493,441
TOTAL REVENUE$2,702,217$2,467,591$2,961,718$2,857,491$2,252,421
Expenses20102009200820072006
Program Services$2,036,062$2,041,451$2,087,781$1,997,229$1,539,546
Management & General$262,791$260,000$275,214$345,086$326,062
Fundraising$197,920$185,824$178,078$182,120$196,752
TOTAL EXPENSES$2,496,773$2,487,275$2,541,073$2,524,435$2,062,360
Change in Net Assets20102009200820072006
SURPLUS (DEFICIT)$205,444($19,684)$420,645$333,056$190,061
Other Changes in Net Assets$0$0($3,151)($618)$257
TOTAL CHANGE IN NET ASSETS$205,444($19,684)$417,494$332,438$190,318