Harvesters Ministries Inc
- Assets
- $429.9k
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Fort Mill, SC
- Founding
- 10/2016
- Data as of
- 06/2023
- EIN
- 81-3261157
Organization Overview
Harvesters Ministries Inc is located in Fort Mill, SC. The organization was established in 2016. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2023, Harvesters Ministries Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harvesters Ministries Inc 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 06/2023, Harvesters Ministries Inc generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $3.5m during the year ending 06/2023. While expenses have increased by 25.1% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST IN THE SPREADING OF THE GOSPEL OF JESUS CHRIST THROUGH THE TRAINING OF PASTORS IN EVANGELISM, DISCIPLE-MAKING, CHURCH-PLANTING AND PASTOR-TRAINING WITH A VIEW TO PLANT 1,000,000 SELF-SUSTAINING NEW CHURCHES THAT MULTIPLY THEMSELVES, EACH WITH A NEW TRAINED PASTOR BY 2030.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING OF HUB-LEADER PASTORS IN EVANGELISM, DISCIPLE-MAKING, CHURCH PLANTING AND PASTOR TRAINING: HARVESTERS UTILIZES A PROPRIETARY HUB-CHURCH PLANTING MODEL AND WORKS THROUGH NATIONAL PASTORS ALREADY IN PLACE. COUNTRIES ARE IDENTIFIED, AND CURRENT PASTORS ARE INVITED TO LEARN ABOUT AND PARTICIPATE IN BEING TRAINED IN EVANGELISM AND CHURCH-PLANTING METHODS INCLUDING THE HUB-CHURCH PLANTING MODEL. THEY CREATE A PLAN TO INITIATE AND COORDINATE THE SYSTEMATIC AND STRATEGIC PLANTING OF CHURCHES WITHIN A DAY'S WALK OR BICYCLE RIDE OF THEIR HUB-CHURCH. THIS INCORPORATES EVANGELISM USING THE HEART OF MAN POSTER SERIES. REGIONS: CENTRAL AND SOUTH AMERICA, AFRICA, ASIA
OTHER - FIELD PROGRAMS RELATED COSTS AND BIBLES PURCHASED AND DISTRIBUTED: BIBLES DISTRIBUTED PERSON-TO-PERSON TO NEW PASTORS AND THOSE IN DISCIPLESHIP PROGRAMS IN NEW CHURCHES. REGIONS: ASIA; AFRICA; CENTRAL AND LATIN AMERICA. BIBLES DISTRIBUTED: 9955. TRAINING OF HUB-LEADER TRAINERS: HARVESTERS TRAINS EXPATRIATE VOLUNTEER PASTORS AS HARVESTERS LICENSED TRAINERS (HLTS) WHO IN TURN TRAVEL TO VARIOUS STREAM TEACHING LOCATIONS TO TRAIN HUB-LEADER PASTORS, HOW TO TEACH THE SYLLABUS MATERIAL TO NEW STUDENT PASTORS. THIS ENABLES INCREASED TRAINING OPPORTUNITIES FOR CHURCH PLANTING AND PASTORAL TRAINING. TOTAL EXPENSES = $47,850.00.COVID-19 HUNGER RELIEF: HARVESTERS PROVIDED SOME DESIGNATED FUNDING TO HELP SUSTAIN HUB-LEADER PASTORS IN PANDEMIC-AFFECTED COUNTRIES DURING LOCK-DOWN PHASES. TOTAL EXPENSES = $11,451.00DATA ENTRY AND STATISTICAL RESEARCH OF CHURCH-PLANTING: HISTORICAL AND CURRENT STATISTICS ARE RECORDED AND USED IN FUTURE CHURCH-PLANTING STRATEGY PLANNING AS WELL AS PROVIDING REPORTS FOR DIRECTORS AND PARTNERS. TOTAL EXPENSES = $68,137.00.
TRAINING OF HARVESTERS MINISTRIES LICENSED TRAINERS:TRAINING CURRENT PASTORS IN SOUTH AFRICA AND THE UNITED STATES, PLUS LOCAL IN-COUNTRY PASTORS TO BE HARVESTERS LICENSED TRAINERS WHO CAN TRAVEL AND TRAIN HUB-LEADERS. REGIONS: CENTRAL AND SOUTH AMERICA, AFRICA, ASIA AND EUROPE
TRANSLATION AND PRINTING OF TRAINING CURRICULUM: THE THREE YEAR BIBLE SCHOOL CURRICULUM FOR PASTOR TRAINING IS COMPOSED OF SIX VOLUMES, PLUS A HUB-LEADERS CHURCH-PLANTING MANUAL. TRANSLATION OF THE SET USUALLY TAKES THREE YEARS AND COSTS $22,200 PER SET PER LANGUAGE. ONCE TRANSLATED, THESE BOOKS ARE PRINTED ACCORDING TO THE NUMBER OF NEW PASTOR STUDENTS WHO ARE BEING TRAINED. PRINTING TAKES PLACE AROUND THE WORLD ACCORDING TO THE BEST PRICING AND LOGISTICS, AND THEN DELIVERED TO THE DESTINATION WHERE TEACHING TAKES PLACE. TRANSLATIONS COMPLETED OR BEING TRANSLATED: 43REGIONS: CENTRAL AND SOUTH AMERICA, AFRICA, ASIA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Loots Ceo, Founder, Board Chair | OfficerTrustee | 40 | $93,803 |
David Witmer V.P. Of Administration,/ B | OfficerTrustee | 40 | $80,955 |
Timothy Breedlove Board Member | Trustee | 0.25 | $0 |
Walter Dunn Board Member | Trustee | 0.25 | $0 |
Bruce Witt Board Member | Trustee | 0.25 | $0 |
Hannalie Loots V.P. Of Compliance, Board | Officer | 0.5 | $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 | $3,308,173 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,308,173 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,308,173 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,432,976 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $397,953 |
| Compensation of current officers, directors, key employees. | $83,525 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,500 |
| Payroll taxes | $30,760 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,462 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $190,705 |
| Advertising and promotion | $21,037 |
| Office expenses | $18,319 |
| Information technology | $164 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $88,279 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,649 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $569 |
| All other expenses | $0 |
| Total functional expenses | $3,478,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $411,614 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $18,298 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $429,912 |
| Accounts payable and accrued expenses | $9,490 |
| 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 | $9,490 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | -$169,905 |
| Total liabilities and net assets/fund balances | $429,912 |