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2014 Annual Report

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Your Global Gospel Impact

WHAT YOUR PARTNERSHIP MADE POSSIBLE

It all began WITH You!

Thanks to you: $3,646,629 given for missions!

Reaching 50,000+ people for Christ

Which made possible: 441 mission team members and 42 gospel workers

Resulting in 1,600 baptisms

And also:

• 65 children’s programs telling more than 18,000 kids about Jesus

• 14 chapels built

• 16 mission field clinics blessing more than 10,000 people

• 6,200 Bibles for new believers

Chairman’s Message

As the Apostle Paul closes his letter to the Philippians, he encourages them to “think about such things” that are true, noble, pure, lovely and so forth. Philippians 4:8 NIV.

That’s why I know this annual report will be a blessing to you! Kingdom impact, lives changed, these are wonderful things to discover and remember.

I too am blessed to see all the Lord is doing through your partnership with Quiet Hour Ministries.

Karl Haffner and Bill Tucker head up a growing team of associate speakers. A new international sermon series is in development—a project that will bless hundreds of thousands of people!

Or how about 50,000 people reached for Christ last year! And countless others whose lives were touched by the medical clinics, chapel construction and other community outreach projects you provided.

Jennifer Ramirez-Marrero is a teenager from Texas. She preached an evangelistic series in Panama. Think about it, she brought people to Christ because of you!

Each team member, each person reached in the mission field, is precious in God’s sight. I’m grateful you see it too and have joined with us to win people for the kingdom.

The work before you and me is big. No doubt about it. Because God’s vision is big.

Are we able to fulfill what God is calling us to do? With your help and His blessing, the answer is an emphatic yes!

Thank you for your prayers. Thank for your partnership. Thank you for your gifts.

And may this report fill you with joy and praise to God as you “think about such things!”

President’s Message

There are so many stories I could tell! Stories of God’s love, His amazing grace and miraculous interventions. Stories heard from our dedicated, hardworking staff. Or the volunteer team members who step outside their comfort zone to share Christ.

Then there are the people blessed in the mission field, those who made a lifechanging decision to follow Jesus.

However, I want to make it clear the amazing stories are not because of us. They are because of God. And because of you! We fully recognize and acknowledge that every effort belongs to God. Any outreach accomplished comes from His strength (1 Peter 4:11).

And I thank God for your faithful gifts and partnership. Thank you for dedicating your resources to further God’s work on this earth. You are helping to hasten His return!

It is our first and most fervent prayer that God will lead Quiet Hour Ministries. And that He will send the Holy Spirit to work in our team members, in the people reached around the world—and in your heart as well.

As you review this special report, join me in giving God the praise and glory for each and every new believer. He is at work through you!

Oh and for those amazing stories, read on!

Or visit missionstoday.tv to see them, check out the Echoes magazine to read them, or follow us at “@qhministries” on Twitter, Facebook and Instagram for the latest updates!

THROUGH THE POWER OF GOD, YOUR SUPPORT AND PARTNERSHIP REACHED 19 COUNTRIES IN 2014!

Canada

Colombia

Costa

Dominican

Mission impact EVANGELISM

Thank you for providing evangelism projects in 11 countries! Sharing the gospel is the core focus of our ministry. Your support empowered 441 team members to preach the gospel to thousands of people. And the ripple effects of this massive outreach continue on to this day!

81 evangelistic series

1,600 people baptized

6,200 Bibles distributed

CHILDREN’S OUTREACH

At each evangelistic meeting site, we also have a special outreach just for children. And because of you, more than 18,000 kids learned about Jesus for the very first time! Through Bible stories, songs and activities, the children meet their loving Savior. Praise God, many give their hearts to Him!

81 children’s outreaches

18,000 kids learned about Jesus ●

81 children’s outreach kits given to the mission field

CLINICS

Medical outreach is a massive, tangible blessing to the local community. Thanks to you, our mission teams held clinics in 11 countries. These clinics resulted in hundreds of people attending our evangelistic meetings. You truly helped bring physical and spiritual healing!

16 clinics

More than 10,000 people treated

CONSTRUCTION

Without a place to worship, new believers face a very difficult road ahead. So your gift of new chapels is essential to the growth of the church. Thank you for providing new chapels in 10 countries!

● 14 chapels built

●

2,100 church members blessed by these chapels

OUR VISION FOR OUTREACH

The work doesn’t end here. Millions more need to hear the gospel! With your support, we’re planning to push into new areas over the coming year. And new projects and outreach resources will further boost worldwide mission work!

New international sermon series

Pioneering outreach in Cambodia, Papua and Timor-Leste

30 mission projects in 24 countries

Mission Distributions BY GEOGRAPHIC AREA

The Global Gospel Impact � Your Gifts

Go ye therefore, and teach all nations, baptizing them in the name of the Father, and of the Son, and of the Holy Ghost … I am with you always, even unto the end of the world.” Matthew 28:19-20 KJV.

Because of your gifts, prayers and partnership Quiet Hour Ministries continues to go into all the world preaching the gospel.

In 2014 our evangelism mission teams went to Central and South America, Asia, the Pacific and Africa. More than 1,600 people were baptized!

We also launched a new television series, Missions Today. The 10-episode season 1 is available at missionstoday.tv. Or you can watch on the Hope Channel. This special program is yet another way of spreading the gospel.

Now for the finances.

Your contributions in 2014 totaled $3.6 million. At year-end, both our assets and our liabilities were down about $270,000 from the previous year. Net income shows a loss of $400,000.

However, praise God, we are debt free!

And I can see the God who multiplied the bread and fish continuing to work that very miracle. I know He has blessed the distribution of your gifts for missions.

Looking at our 2014 expenditures of your mission gifts, 51 percent was used for evangelism projects. Another 26 percent was used to build chapels. And 23 percent went to children’s outreach, gospel workers, Bibles and medical supplies.

Because of you, more than 50 projects around the world received mission project funding.

Thank you for your thoughtful, prayerful gifts! I’m so grateful that you partner with God to accomplish His command to teach all nations and baptize them.

May you find joy and peace in His promise, “I am with you always, even unto the end of the world.”

Revenues

Board � Directors

Ralph Watts, Jr. Chairman

Darold Retzer Vice Chairman

Dan Cotton, Chairman Emeritus

Randy Bates President/CEO

Daryl Gohl

Dick Neuharth

Bill Tucker

Roy West

David Wilkins

Statements � Financial Position (audited)

ASSETS

Current Assets

Property plant and equipment – net

Non-current assets

Total Assets

LIABILITIES AND NET ASSETS

Current liabilities

Long-term liabilities – trusts and annuities

Total Liabilities

Net Assets

Unrestricted – for operations

Unrestricted – designated for annuities

Total unrestricted

Temporarily restricted

Total net assets

Total liabilities and net assets $2,957,882 2,119,986 4,540,985 $9,618,853 $208,550 3,328,724 3,537,274 2,209,292 845,388 3,054,680 3,026,899 6,081,579 $9,618,853 $3,317,614 2,203,221 4,371,671 $9,892,506 $299,698 3,093,614 3,393,312 2,805,486 897,206 3,702,692 2,796,502 6,499,194 $9,892,506 12/31/2014 12/31/2013

Summarized Statements � Activities

(audited)

For Years Ended December 31 2014 2013

UNRESTRICTED NET ASSETS

Support and revenues:

Contributions

Contributions – estates, trusts and annuities

Interest, sales and other income

Total Support and revenues

Net assets released from restriction

Expenses and losses:

Program Services

Evangelistic ministries and projects

Publications and website

Broadcast media

Supporting Services Management and general Development

Trust Management

For Years Ended December 31 2014 2013

Change in value of annuity agreements

Total expenses and losses

Change in unrestricted net assets

TEMPORARILY RESTRICTED NET ASSETS

Contributions

Changes in value of trust split

interest agreements

Net assets released from restriction

Change in temporarily restricted net assets

Change in net assets

NET ASSETS

Balance, beginning of year Balance, end of year 131,576 4,294,641 (648,012) 1,687,121 48,978 (1,505,702) 230,397 ($417,615) 6,499,194 $6,081,579

141,163 4,881,828 478,257 2,499,332 78,844 (1,869,536) 708,640 $1,186,897 5,312,297 $6,499,194

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