Asia Harvest
- Assets
- $3.6m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 4
- Location
- Winston Salem, NC
- Founding
- 03/2005
- Data as of
- 12/2022
- EIN
- 20-1648411
Organization Overview
Asia Harvest is located in Winston Salem, NC. The organization was established in 2005. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Asia Harvest employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asia Harvest is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Asia Harvest generated $6.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $6.0m during the year ending 12/2022. While expenses have increased by 6.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP SPREAD THE GOSPEL OF JESUS CHRIST BY PROVIDING RESOURCES AND FINANCIAL SUPPORT TO PROJECTS THROUGHOUT ASIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIBLE PRINTING AND DONATING BIBLES TO CHRISTIANS WHO DO NOT HAVE BIBLES
EVANGELISM - REACHING THE LOST FOR CHRIST
HUMANITARIAN AID - MEETING THE PHYSICAL NEEDS OF OTHERS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Bryant Board Member | Trustee | 5 | $0 |
Gerald Hodges Treasurer | Trustee | 5 | $0 |
Ian Lucas Board Member | Trustee | 5 | $0 |
Luke Kueffer Board Member | Trustee | 5 | $0 |
Kobus Van As Secretary | Trustee | 5 | $0 |
Victor Wiebe Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,536,175 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,536,175 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$14,293 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,521,882 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,443,803 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,162,742 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $180,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,721 |
| Payroll taxes | $14,540 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,352 |
| Fees for services: Accounting | $6,867 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,500 |
| Advertising and promotion | $10,548 |
| Office expenses | $13,458 |
| Information technology | $17,460 |
| Royalties | $0 |
| Occupancy | $13,964 |
| Travel | $23,293 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,848 |
| Insurance | $11,765 |
| All other expenses | $0 |
| Total functional expenses | $6,043,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,549,706 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13,990 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $52,150 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,699 |
| Total assets | $3,619,545 |
| Accounts payable and accrued expenses | $5,405 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,405 |
| Net assets without donor restrictions | $2,576,138 |
| Net assets with donor restrictions | $1,038,002 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,619,545 |
Grants Awarded
Over the last fiscal year, Asia Harvest has awarded $2,764,390 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ADVANCING NATIVE MISSIONS PURPOSE: OPERATIONS | $191,900 |
GLAD TIDINGS FELLOWSHIP PURPOSE: OPERATIONS | $2,026,390 |
HIS 1040 INC PURPOSE: OPERATIONS | $46,350 |
WORLD MISSIONARY PRESS PURPOSE: OPERATIONS | $15,500 |
MOUNTAIN CHILD PURPOSE: OPERATIONS | $162,100 |
CHRISTIAN FAR EAST MINISTRIES PURPOSE: OPERATIONS | $79,050 |