2017-10-05T16:56:19-05:00 2016-12-31 363990892 Capin Crouse LLP 1255 Lakes Parkway Suite 130 Lawrenceville GA 30043 990 2016-01-01 582134253 Elam Ministries ELAM 7706648800 5755 Northpoint Parkway No 217 Alpharetta GA 30022 David Yeghnazar US Director 7706648800 2017-10-05 1 Francis K Brown II P00465640 6785185301 173.240.105.108 2017-10-05 15:55:58 MD P 3FA434133A238730998D7A9D41C1B7FA54277518 8B87D0E9C94A533F7900D87E9B53B747997F3410 2016 2021-01-29 14:40:06Z David Yeghnazar 5755 Northpoint Parkway No 217 Alpharetta GA 30022 5491160 0 X www.elam.com X 1994 GA Strengthen & expand the Church by training leaders & workers for effective ministry of the Gospel. 8 4 16 10 0 0 5557371 5454899 62368 19628 476 -448 0 0 5620215 5474079 4929102 3476156 0 0 720632 960945 0 0 384933 935037 1053708 6584771 5490809 -964556 -16730 1906537 1879888 297043 306832 1609494 1573056 X Elam's mission is to strengthen and expand the Church by training leaders and workers for effective ministry of the gospel; equipping the Church with resources to minister to people; and to send leaders and workers to strengthen existing churches, (continued on Schedule O) (continued from Part III, line 1) establish new churches and provide relief for the persecuted and the poor. 0 0 4874766 3476156 19628 The faithful partnership of our supporters has allowed us to continue to strengthen and expand the church in the Iran region and beyond with the combined work with our partner organizations. In 2016, we served several thousand Persian-speakers in Christian ministry through Bible conferences, advanced Bible training, accredited distance learning programs, and our three-month Christian leadership course. This included developing our ministry to provide targeted Bible training, care, and counseling to a growing number women who have experience abuse or oppression.We also continued in 2016 to print and distribute Bibles, New Testaments, and children's Bibles in Persian. We also translated, published and printed four new titles in Christian literature for use in evangelism, Bible training, and Christian education. Seventy titles were reprinted. Our media department produced weekly Christian TV programming in Persian for women, children, Christian worship, and evangelism. These programs were broadcast on satellite TV and made available via the Internet.Lastly, in 2016 we provided advocacy and financial support for over thirty persecuted Christians and their families. We also partnered with various churches across Europe to assist them in outreach and integration of Persian-speaking refugees into their local communities. 4874766 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 16 1 0 0 0 0 0 0 0 0 0 0 X 8 4 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 GA X David Yeghnazar 7706648800 5755 Northpoint Parkway No 217 Alpharetta GA 30022 Samuel Yeghnazar Intl. Director 2.00 X X 0 0 0 Ann Buwalda Secretary 3.00 X X 0 0 0 Tom Waller Treasurer 1.00 X X 0 0 0 Ethan Erkel Director/Technology Director 50.00 X 54167 0 13578 William T Dunn Director 1.00 X 0 0 0 Kathy Giske Director 1.00 X 0 0 0 Reza Roshanzamir Director 5.00 X 0 0 0 Andrew Yeghnazar Director 2.00 X 0 0 0 David Yeghnazar US Director 40.00 X 119918 0 14007 174085 0 27585 1 0 0 0 Ritz Carlton 15000 North Secret Springs Drive Marana AZ 85658 Event 186119 World Touch Media 3675 Fair Dawn Dr Colorado Springs CO 80920 Bible printing 119606 2 5454899 20181 5454899 19628 19628 19628 358 358 16275 15956 1125 319 -1125 -806 -806 5474079 19628 0 -448 4700 4700 3471456 3471456 201671 147690 5996 47985 620600 427268 21474 171858 74749 62747 1499 10503 63925 45572 2078 16275 38607 28652 9955 54292 54292 285574 218463 41477 25634 1610 110 1500 142275 93747 39081 9447 12871 70 11630 1171 238 238 29094 11775 5131 12188 196978 119620 21973 55385 225412 202874 22538 52243 33958 7836 10449 2392 2392 12122 5936 6186 5490809 4874766 231110 384933 X 225411 202870 0 22541 367266 635292 544641 216976 430246 491048 4823 6122 100000 88800 33297 60986 626106 255868 420063 370238 6201 10426 1906537 1879888 28043 37832 269000 269000 297043 306832 X 753543 941757 855951 631299 1609494 1573056 1906537 1879888 X -16730 -19708 X X 0 1 X 1 0 X 6550009 5494684 7150734 5548456 5454899 30198782 6550009 5494684 7150734 5548456 5454899 30198782 7134157 23064625 3846 2593 1971 1277 358 10045 30208827 200069 0.76350 0.77500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 436264 113685 322579 6356 6356 0 39373 32833 6540 144113 102994 41119 370238 X 5461396 7025 -19708 -12683 5474079 0 5474079 5497834 7025 7025 5490809 0 5490809 Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of December 31, 2016 and 2015, Elam had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. Elam files information tax returns in the U.S. and various states. Elam is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2013. Part XI, Line 2d - Other Adjustments: Currency exchange rate loss -19,708. 1 Europe (Including Iceland & Greenland) 0 0 Grants to recipients located in region 3178134 Russia & the Newly Independent States 0 0 Grants to recipients located in region 216985 East Asia 0 0 Grants to recipients located in region 24000 Europe (Including Iceland & Greenland) 0 1 Program services Travel to region & Employee compensation 202645 North America - Canada and Mexico 0 0 Grants to recipients located in region 52337 0 1 0 0 0 1 3674101 0 3674101 Europe (Including Iceland & Greenland) Leadership Training, church planting, Bible distribution 1425900 Wire transfer 8673 Computers, electronics, Bibles and supplies Cost Europe (Including Iceland & Greenland) Leadership Training, church planting, Bible distribution 1456226 Wire transfer 7741 Computers, electronics, Bibles and supplies Cost Russia & the Newly Independent States Leadership Training 216985 Wire transfer 0 3 Ministry support Europe 7 279594 Wire transfer Ministry support East Asia 1 24000 Wire transfer Ministry support North America 1 52337 Wire transfer 0 0 0 0 0 0 Part I, Line 2: Elam obtains and reviews written financial reports from partners in relation to programs the organization has granted funds to support. In addition, Elam staff and board members perform site visits frequently to field operations to observe the work and talk to people involved with the projects. Those personal visits allow the organization to verify progress and completion of funded projects. Part I, line 3: The organization obtains support for foreign expeditures and accounts for the activity according to accrual basis of accounting. Part III, Col (c): Number of recipients represent actual number of grantees. David Yeghnazar U.S. Director Moving assistance X 125000 87500 0 1 1 David Yeghnazar Reimbursement of personal expense X 1300 1300 0 0 0 88800 Samuel Yeghnazar Board Member 108775 Missionary support Support ministry work consistent with the organization's exempt purpose. Reza Roshanzamir Board Member 84000 Missionary support Support ministry work consistent with the organization's exempt purpose. Judith Roshanzamir Family member of Reza Roshanzamir, Board member 25653 Missionary support support ministry work consistent with the organization's exempt purpose. Linaria Yeghnazar Family member of Samuel Yeghnazar, Board member 27446 Missionary support support ministry work consistent with the organization's exempt purpose. Louise Yeghnazar Family member of David Yeghnazar, Officer 19610 Missionary support support ministry work consistent with the organization's exempt purpose. Form 990, Part VI, Section A, line 2 Sam, David, and Andrew Yeghnazar - family relationship. Form 990, Part VI, Section A, line 8b The organization does not have any committees with the authority to act on behalf of the governing body. Therefore, this question has been answered "no" in accordance with the instructions. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and is reviewed in detail by the outsourced controller and the organization's top management. The reviewed 990 is then forwarded to the board of directors prior to filing. Form 990, Part VI, Section B, line 12c A conflict of interest questionnaire is sent to each of the board of directors annually. If a board member has a conflict of interest, the completed questionnaire is returned to the outsourced controller for review. If there is a conflict of interest, all independent board members discuss the identified conflict of interest for resolution. If a matter related to a potential conflict were to arise at a board meeting, the interested person would abstain from voting on matters related to the noted conflict. Form 990, Part VI, Section B, line 15 The US Director's compensation is based on the results of a comprehensive compensation study the organization purchased in a previous year to determine reasonableness of compensation. The study was based on similar size and type nonprofits. No change has been made to compensation. The compensation was also approved by the independent board of directors. The approval is documented in the Board minutes. The organization does not compensate any other officers or key employees. Therefore, line 15b was answered "no" in accordance with the instructions. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy, and audited financial statements are available by request. Form 990, Part XI, line 9: Currency exchange rate loss -19,708. Form 990, Part XII, Line 2c: This process has not changed since the prior year. The organization has a finance committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent auditor.