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Luis Palau Evangelistic Association

Rating
Sector:

Evangelism

Total
Revenue:

$11,987,000

Total
Expenses:

$10,598,000

Net
Assets:

$9,993,000
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 83.7% 70.9%
General & Admin 12.6% 11.2%
Fundraising 6.8% 7.5%
Savings -4.3% 11.5%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

The Luis Palau Evangelistic Association ("LPEA") was founded in 1967 by Luis Palau. LPEA has three purposes: (1) to win as many people as possible to Jesus Christ throughout the world; (2) to emphasize with the Church the principles of victorious Christian Living (Galatians 2:20), so as to stimulate, revive, and mobilize the Church to continuous, effective evangelism, follow-up, and Church growth; and (3) to influence Christianity worldwide, holding high the banner of biblical evangelism, so that the Church's commitment to evangelism will never die. Since 1990, the Luis Palau Evangelistic Association has led evangelistic crusades in 20 U.S. cities, including Chicago, Kansas City, Grand Rapids, Miami, Tulsa, San Antonio, Phoenix, Fort Worth, and the San Fernando Valley in Los Angeles. This organization is a nonprofit corporation. 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 50
Portland, OR
97207-1173
Website: www.palau.org
Phone:(503) 614-1500, (509) 702-8191
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 930713827
CEO/President: Dr. Luis Palau Tax Deductible: Yes
Chairman: Mr. David E. Hall Fiscal Year End: December 31
Board Size: 18 Financial info from: 990
Founder: Dr. Luis Palau Member of ECFA: Yes
Year Founded: 1978 Member of ECFA since: 1980

Purpose [ Back to top ]

The Luis Palau Evangelistic Association ("LPEA") was founded in 1967 by Luis Palau. Luis Palau's purpose is to proclaim the Good News of Jesus Christ to those who have never heard the Gospel. This is done in a mass effort through LPEA festivals in areas throughout the world. All festivals are free of charged, opened to anyone and are aimed at reaching the generations that have never heard the Gospel explained in a way that is encouraging and inviting to come and know Jesus.

Along with these festivals LPEA has developed a program to train and mentor younger evangelists in order to reach more people. They have also expanded their ministry to include radio, television, videos and DVDs.

This organization is a nonprofit corporation. 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 ]

The Luis Palau Evangelistic Association's Mission Statement is:

Proclaim the Gospel l
In dependence upon God, we want to win as many people as possible to Jesus Christ throughout the world, proclaiming His Good News by all available means to the millions of people who have yet to respond to the Gospel.

Mobilize the Church
In dependence upon God, we want to emphasize with the Church the principles of victorious Christian living (Galatians 2:20), so as to stimulate, revive, train, and mobilize the Church to continuous, effective evangelism, follow-up, and church growth

Equip the Next Generation
In dependence upon God, we want to hold high the banner of biblical evangelism, influencing Christianity worldwide and raising up a new generation of godly leaders, so that the Church's commitment to evangelism will never die.

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

Statement of Faith [ Back to top ]

Luis Palau Evangelistic Association's Statement of Faith is:

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

History [ Back to top ]

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.

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 7:28:17 PM: Organization made financial information available greater than 7 ½ months.
Financial Information:100
Foundational Clarity:10010/28/2011 7:28:35 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 Sector
Overall Efficiency RatingStarStarStar184 of 348    20 of 28
Fund Acquisition DecisionStarStarStar184 of 348      20 of 28
Resource Allocation Decision of 348      25 of 28
Asset Utilization Decision of 348      25 of 28
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Ministry Statement or Response [ Back to top ]

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20092008200720062005
Return on FR Efforts10%8%12%11%8%0%
Fundraising Cost Ratio7%8%12%10%7%0%
Contributions Reliance83%98%95%86%93%0%
Fundraising Expense Ratio7%9%11%9%9%0%
Other Revenue Reliance17%2%5%14%7%0%
Operating RatiosDatabase Average20092008200720062005
Program Expense Ratio80%80%82%86%85%0%
Spending Ratio104%88%112%112%87%0%
Program Output Ratio84%71%92%97%74%0%
Savings Ratio-4%12%-12%-12%13%0%
Reserve Accumulation Rate4%14%-20%-19%21%0%
General & Admin Ratio13%11%7%5%6%0%
Investing RatiosDatabase Average20092008200720062005
Total Asset Turnover2.85x.94x1.62x1.61x1.24x0x
Degree of L-T Investment3.06x1.4x1.55x1.19x1.23x0x
Current Asset Turnover5.43x1.32x2.52x1.91x1.53x0x
Age of Assets10.5yr(s)10.5yr(s)9yr(s)7.7yr(s)6.2yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20092008200720062005
Current Ratio3276.63x15.49x17.56x22.14x20.04x0x
Current Liabilities Ratio.38x.06x.06x.05x.05x0x
Liquid Reserve Level4.95x8.51x4.49x6x7.44x0x
Solvency RatiosDatabase Average20092008200720062005
Liabilities Ratio.3x.11x.11x.1x.09x0x
Debt Ratio.07x0x0x0x0x0x
Reserve Coverage Ratio81%94%55%56%73%0%

Financials[ Back to top ]

Balance Sheet
Assets20092008200720062005
Cash$3,760,000$2,658,000$3,116,000$3,957,000$2,784,000
Receivables, Inventories & Prepaids$2,504,000$2,832,000$4,832,000$6,793,000$3,637,000
Short-Term Investments$1,771,000$662,000$2,053,000$1,297,000$2,570,000
Total Current Assets$8,036,000$6,153,000$10,002,000$12,048,000$8,992,000
Long-Term Investments$575,000$500,000$0$0$0
Fixed Assets$2,523,000$2,805,000$1,665,000$2,406,000$2,622,000
Other Long-Term Assets$91,000$106,000$228,000$395,000$406,000
Total Long-Term Assets$3,191,000$3,412,000$1,893,000$2,801,000$3,028,000
TOTAL ASSETS$11,227,000$9,565,000$11,896,000$14,849,000$12,021,000
Liabilities20092008200720062005
Payables & Accrued Expenses$518,000$350,000$451,000$601,000$707,000
Other Current Liabilities$0$0$0$0$0
Total Current Liabilities$518,000$350,000$451,000$601,000$707,000
Debt$0$0$0$8,000$17,000
Other Long-Term Liabilities$715,000$669,000$697,000$675,000$615,000
Total Long-Term Liabilities$715,000$669,000$697,000$684,000$633,000
TOTAL LIABILITIES$1,234,000$1,019,000$1,148,000$1,285,000$1,341,000
Assets20092008200720062005
Unrestricted$6,847,000$5,223,000$5,288,000$5,542,000$4,643,000
Temporarily Restricted$3,145,000$3,322,000$5,459,000$8,022,000$6,036,000
Permanently Restricted$0$0$0$0$0
NET ASSETS$9,993,000$8,545,000$10,747,000$13,564,000$10,679,000
Revenue and Expenses
Revenue20092008200720062005
Total Contributions$11,705,000$13,113,000$14,615,000$19,894,000$21,289,000
Program Service Revenue$142,000$240,000$400,000$297,000$16,000
Membership Dues$0$0$0$0$0
Investment Income$181,000$80,000$204,000$164,000$52,000
Other Revenue($42,000)$348,000$1,845,000$957,000$796,000
Total Other Revenue$281,000$670,000$2,450,000$1,420,000$865,000
TOTAL REVENUE$11,987,000$13,783,000$17,066,000$21,315,000$22,155,000
Expenses20092008200720062005
Program Services$8,504,000$12,741,000$16,529,000$15,747,000$15,073,000
Management & General$1,190,000$1,115,000$910,000$1,134,000$1,045,000
Fundraising$903,000$1,635,000$1,674,000$1,574,000$1,467,000
TOTAL EXPENSES$10,598,000$15,492,000$19,114,000$18,456,000$17,586,000
Change in Net Assets20092008200720062005
SURPLUS (DEFICIT)$1,388,000($1,708,000)($2,047,000)$2,858,000$4,568,000
Other Changes in Net Assets$0$0($769,000)$26,000$16,000
TOTAL CHANGE IN NET ASSETS$1,388,000($1,708,000)($2,817,000)$2,884,000$4,584,000