2022 Annual Report
Mission Aviation Fellowship
MAF is a global family of organizations serving in 31 countries
MAF Board of Directors, 2023
Joel Barker, Board Chair
Retired Senior Vice President and Chief Financial Officer
J.R. Simplot Company; Boise, ID
Mona Gisler
Financial Systems and Training Officer, Douglas Emmett, Inc; Santa Monica, CA
Jennifer Holloran
Chief Operations Officer, Wycliffe Bible Translators; Orlando, FL
David Holsten
President and Chief Executive Officer, MAF; Nampa, ID
Edner Jeanty
Executive Director, Barnabas Christian Leadership Center; Fort Pierce, FL
Larry Jones, Ph.D.
Chief Executive Officer, The Seed Company; Arlington, TX
Jeff Kramer
VP of Fundraising, The Internet Society; Pearland, TX
Grantley Martelly
Chief Operating Officer, Pierce Transit; Lakewood, WA
Ken McKenzie
Principal, Meridian Blue, LLC; Wilton Manors, FL
Lacey Pittman, Vice Chair
Vice President Global Aviation Safety, Boeing; Seattle, WA
Montie C. Ralstin, Jr.
Retired Pastor; Boise, ID
Mike Tachick
Owner and Chief Executive Officer, Dairyland Electrical Industries; Stoughton, WI
Dan Elwell
President, Elwell & Associates; Fairfax Station, VA
Rebecca Mare Counsel to the Firm, Lane Powell; Seattle, WA
4 Restricted Access Countries 1 Restricted Access Countries
MAF-US MAF Canada MAF International MAF-US and MAFI Joint Operations 4 Restricted Access Countries 1 Restricted Access Country
Summary Financial Statement
Fiscal Year 2022
(January 1 – December 31)
Summary Consolidated Statement of Position
Summary Consolidated Statement of Activity
ASSETS
Current Assets...................................................
Fixed Assets.........................................................
Other Assets........................................................
Total Assets............................................
LIABILITIES AND NET ASSETS
Current Liabilities...............................................
Noncurrent Liabilities..........................................
Total Liabilities........................................
Net Assets...............................................
Total Liabilities and Net Assets.............
REVENUES
Contributions.................................................
Program Revenues............................................
Other Income.........................................................
Total Revenues......................................
EXPENSES
Program Activities..........................................
Fundraising............................................................
General and Administrative..............................
Total Expenses.......................................
Change in Net Assets from Operations...............................................
Post-Retirement Changes Other than Net Periodic Benefit Costs................................
Foreign Currency Translation Adjustments..........................................................
Change in Net Assets............................... Net Assets Beginning of Year................ Net Assets End of Year...........................
Mission Aviation Fellowship operates one of the most cost-effective ministries in the mission world, yet one of the most expensive. The tools we use are some of the costliest: airplanes and related infrastructure, satellite technology, computers, and HF/VHF radio networks. Because of this, many assets are represented on the financial statement. When comparing MAF’s asset position to that of other mission organizations, the capital-intensive nature of the aviation services MAF provides must be considered.
MAF receives its income primarily from contributions (83 percent) and fees for services (17 percent). Essentially all revenue for services is generated outside the United States, primarily in Africa and Asia.
Mission Aviation Fellowship is a not-for-profit organization exempt from federal income taxes and under Section 501(c)(3) of the Internal Revenue Code. A complete financial statement and independent auditors’ report is available upon request.
$3,326,396
$31,150,740 55,349,059 20,322,472 $106,822,271 $4,570,067 9,905,299 $14,475,366 $92,346,905 $106,822,271
$46,773,959 9,368,984 118,955 $56,261,898 $39,737,803 7,811,765 4,539,408 $52,088,976 $4,172,922 (649,042) (197,484)
$89,020,509 $92,346,905
Mission Aviation Fellowship | PO Box 47, Nampa, ID 83653 | maf.org | maf-us@maf.org | 208-498-0800
