Omf 2014 finance report

Page 1

We share the good news of Jesus Christ in all its fullness with the peoples of East Asia to the glory of God. There is desperate need among the unreached people groups of East Asia. God is stirring the hearts of his people across the United States to rise up and enter the fray. We need to communicate his message with passion and power like no other time in history. It’s an exciting time, but also one that requires diligence in prayer, stewardship and accountability.

Through God’s grace, we aim to see an indigenous, biblical church movement in each people group of East Asia, evangelizing their own people and reaching out in mission to other peoples.

OMF International seeks to live out our mission, vision and core values with the utmost integrity and excellence. One of the

2014 FINANCIAL UPDATES

ways we do that is by operating with financial transparency.

During 2014, OMF International (U.S.) was responsible to

Being transparent before our partners and supporters builds

the U.S. Board of Trustees for 515 foreign and U.S. workers and

trust and also glorifies God as we share examples of his miracu-

processed donations for 159 projects and 56 short-term workers.

lous provision time and again.

Donated income and services were $16 million dollars. While

The year 2014 brought tremendous increase in the areas of

each worker functions with a budget, we create an organizational

finances, people, resources and opportunities—as well as in the

budget for the U.S. Core Operations consisting of approximately

areas of prayer, boldness and unity. He has prepared us to move

$4 million for our day-to-day activities. In 2014 we exceeded our

into larger realms of influence and impact as we look toward the

budgeted projections by $327,454.

future.

Once again we’ve seen worker support increase and more

While we are celebrating an amazing milestone of 150 years

project funds flow overseas. Donations of $374,854 were

serving the kingdom of God and the people of East Asia, we be-

received to our Vital Suport Ministries, which funds the U.S.

lieve God is going to go “above and beyond” anything we’ve seen

mobilization ministry. This represents a shortfall of $75,146

to this point. The year 2015 is pivotal as we see how far we’ve

compared with the budgeted goal of $450,000. We are prayerfully

come but also move into a new season of growth.

and strategically focused on increasing the number of qualified

Thank you for your continued prayer, financial support and

candidates sent out. OMF International (U.S.) remains committed

encouragement! We couldn’t do any of this without a strong

to the urgent mobilization of people and to establishing indigenous

fellowship working together.

biblical church movements among each people group.

Income Growth Trend $17,615,437

2010

82%

15%

$15,244,361

2011

Allocation of Expenses

$16,257,344

2012

$16,496,152 2013

$16,719,947

2014

$16,496,152 0

5M

10M

15M

3%

Program Services $13,437,434 General and Administrative $2,462,670 Fund Raising $482,923

20M


Rev. Michael E. Littlefield President Barry Potter, D.Min. Vice President Dr. Cecilia Chan, D. Mgmt. Board Member (Finance Committee) Dr. Peter Chan, D. Mgmt. Board Member (Finance Committee) Craig R. Hamilton, CFP, CFA Chairman (Executive Committee) Jeanette Yep Vice Chairman (Executive Committee) Helen Lundblad Board Member Peggy Bopp Secretary/Treasurer (Finance Committee) David Kim Board Member Elaine Metcalf Board Member

OMF International 10 W. Dry Creek Circle Littleton, CO 80120-4413 303.730.4160 • 800.422.5330 info@omf.org

For a copy of OMF International’s independently audited Financial Statement, please contact stewardship@omf.org or call 800.422.5330.

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