Your Global WHAT YOUR PARTNERSHIP MADE POSSIBLE
2014 ANNUAL REPORT
It all began
Thanks to you:
people for Christ
given for missions!
Which made possible:
mission team members
And also: Resulting in
• • • •
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 A
s 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!”
Ralph Watts, Jr. Chairman of the Board
President’s Message T
here 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!
Randy Bates President/CEO
THROUGH THE POWER OF GOD, YOUR SUPPORT AND PARTNERSHIP REACHED 19 COUNTRIES IN 2014! Canada Colombia Costa Rica Dominican Republic 6
Ecuador Egypt Ethiopia Fiji Guatemala
India Kenya Pakistan Panama Peru
Philippines Thailand Tonga United States Vietnam
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!
1,600 6,200 people baptized
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 18,000 81
learned about Jesus
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!
clinics â&#x2014;? More than â&#x2014;?
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!
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!
outreach in Cambodia, Papua and Timor-Leste
mission projects in 24 countries 11
Mission Distributions BY TYPE
9% 4% 1% 2%
Evangelistic Meetings Chapels Bibles Children's Outreach Gospel Workers Medical Clinics Other
BY GEOGRAPHIC AREA
Worldwide Projects Trans Euro Africa Asia/Pacific Central/South America Other
o 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.
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.
Because of your gifts, prayers and partnership Quiet Hour Ministries continues to go into all the world preaching the gospel.
Mission Distributions 38%
The Global Gospel Impact � Your Gifts
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.”
Board � Directors Ralph Watts, Jr. Chairman
Darold Retzer Vice Chairman 5,000,000
Dan Cotton, Chairman Emeritus Randy Bates President/CEO
Dick Neuharth Bill Tucker
Diana Oei Finance Director
David Wilkins 1,000,000
Direct contributions and other Contributions from estates, trusts and annuities Released from restriction
Statements � Financial Position 5,000,000
12/31/2014 ASSETS Current Assets $2,957,882 Property plant and equipment – net 2,119,986 Non-current assets 4,540,985 Total Assets $9,618,853
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
12/31/2013 $3,317,614 2,203,221 4,371,671 $9,892,506
$208,550 3,328,724 3,537,274
$299,698 3,093,614 3,393,312
2,209,292 845,388 3,054,680 3,026,899 6,081,579 $9,618,853
2,805,486 897,206 3,702,692 2,796,502 6,499,194 $9,892,506
Change in value of annuities Support Services Program Services
Full financial statement available at www.qhministries.org/financial
Summarized Statements ďż˝ Activities For Years Ended December 31 UNRESTRICTED NET ASSETS Support and revenues: Contributions Contributions â&#x20AC;&#x201C; 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 Change in value of annuity agreements Total expenses and losses Change in unrestricted net assets
2,320,771 101,156 292,572
2,843,980 99,493 162,195
766,588 408,857 273,121
799,977 522,573 312,447
131,576 4,294,641 (648,012)
141,163 4,881,828 478,257
TEMPORARILY RESTRICTED NET ASSETS Contributions 1,687,121 Changes in value of trust split interest agreements 48,978 Net assets released from restriction (1,505,702) Change in temporarily restricted net assets
2,499,332 78,844 (1,869,536)
Change in net assets
NET ASSETS Balance, beginning of year Balance, end of year
Our Mission Partnering with God in leading people to share His saving grace.
Worldwide Headquarters PO Box 3000 Redlands, CA 92373 (800) 900-9021 Canada PO Box 22085 St. Thomas, ON N5R 6A1 (800) 538-0331 www.qhministries.org
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