2012-08-15T16:38:54-05:00 2011-12-31 363990892 Capin Crouse LLP 972 Emerson Parkway STE A Greenwood IN 46143 990 2011-01-01 582134253 Elam Ministries ELAM 7706648800 5755 Northpoint Parkway No 217 Alpharetta GA 30022 David Yeghnazar 7706648800 2012-08-16 1 David C Moja CPA P00747006 3178852620 2011 2016-02-24 21:20:13Z David Yeghnazar 5755 Northpoint Parkway No 217 Alpharetta GA 30022 5349347 0 X www.elam.com X 1994 GA Strengthen & expand the Church by training leaders & workers for effective ministry of the Gospel. 7 6 13 6 0 0 4179042 5327071 15015 21031 2070 1245 -128174 -143511 4067953 5205836 3343639 2774674 0 0 419967 493842 0 0 176891 472891 438993 4236497 3707509 -168544 1498327 1516585 2384848 982109 352045 534476 2032803 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, establish new churches and provide relief for the persecuted and the poor. 0 0 3344676 2774674 21031 Elam partners with established overseas organizations that help fulfill the organization's stated purpose. The organization seeks and obtains relevant and required organizational and financial details of all partner organizations, including specific project details and budgets for any designated grants made. The organization also seeks and obtains financial reports and organizational information from partner organizations. Whenever possible, we conduct personal visits to verify progress and completion of projects funded. 3344676 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 13 1 0 0 0 0 0 0 0 0 0 0 X 7 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 GA X David Yeghnazar 7706648800 5755 Northpoint Parkway No 217 Alpharetta GA 30022 Reza Roshanzamir 5.00 X 0 0 0 William T Dunn 1.00 X 0 0 0 Kathy Giske 1.00 X 0 0 0 Andrew Yeghnazar 2.00 X 0 0 0 Samuel Yeghnazar 2.00 X 0 0 0 Ann Buwalda 3.00 X X 0 0 0 Tom Waller 1.00 X X 0 0 0 David Yeghnazar 40.00 X 99095 0 10905 99095 0 10905 0 0 0 0 0 364980 4962091 5316 5327071 Other program revenue 900099 21031 21031 21031 1245 1245 0 364980 143511 -143511 -143511 5205836 21031 0 -142266 22500 22500 35000 35000 2717174 2717174 110000 77000 5500 27500 328558 207785 39100 81673 20233 10465 9768 35051 20453 6404 8194 18000 18000 17076 11508 5568 41260 41260 95113 64387 3426 27300 60386 58909 1251 226 49350 17072 30886 1392 63672 42020 14657 6995 35215 20400 5755 9060 28837 20186 4325 4326 Uncollected pledges 19875 19875 Miscellaneous 10209 1817 7935 457 3707509 3344676 185942 176891 X 121442 109118 200 12124 929245 1366498 225504 28674 79960 530213 18142 28723 517984 87244 263734 430740 1516585 2384848 10858 2045 171251 350000 800000 0 982109 352045 X 216473 543914 318003 1488889 534476 2032803 1516585 2384848 1498327 0 X X 0 1 1 X 0 X 3043125 2723347 4208236 4179042 5327071 19480821 3043125 2723347 4208236 4179042 5327071 19480821 3944622 15536199 2370 2387 2653 2070 1245 10725 9996 14089 15253 39338 19530884 54777 0.79550 0.84010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 442620 40974 401646 51059 38251 12808 24305 8019 16286 430740 5205836 3707509 1498327 1498327 5358722 9375 9375 5349347 -143511 -143511 5205836 3860395 9375 143511 152886 3707509 0 3707509 Part XII, Line 4b - Other Adjustments: Fundraising expenses reported on Page 9, Line 8b -143,511. Part XIII, Line 2d - Other Adjustments: Fundraising expenses reported on Page 9, Line 8b 143,511. 1 Europe (Including Iceland & Greenland) - 0 0 Grants to recipients located in region 2544119 Russia & the Newly Independent States - 0 0 Grants to recipients located in region 70000 North America - Canada and Mexico, but 0 0 Grants to recipients located in region 103055 0 0 0 0 0 0 2717174 0 2717174 Europe (Including Iceland & Greenland) - Bible resources and general support 2451867 Wire transfer 92252 Computers, electronics and resources Cost Russia & the Newly Independent States - Leadership training and general support 70000 Wire transfer 0 2 0 Ministry support- development of online educational program North America - Canada and Mexico, but 2 103055 Wire transfer 0 0 0 0 0 0 Procedure for Monitoring Grants Outside the U.S.: Schedule F, Part I, Line 2: Elam reviews written financial reports from partners in relation to programs the organization has granted funds to support. In addition, Elam staff perform site visits frequently to field operations to observe the work and talk to people involved with the projects. Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: The organization obtains support for foreign expeditures and accounts for the activity according to accrual basis of accounting. Explanation for Estimated Number of Recipients: Schedule F, Part III, Col (c): Number of recipients represent actual number of grantees. Founder weekend 349900 349900 102719 14517 Fundraising dinners 15080 15080 17605 8670 364980 364980 102719 17605 23187 143511 -143511 1 Eternal Life Agape Ministries PO Box 3011 Chatsworth CA 91313 954223202 501(c)(3) 22500 Ministry support 1 0 Ministry Support 2 35000 Cash Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The organization accepts limited appeals from other organizations and individuals that promote our organization's mission. These requests are reviewed and approved by the Board. The requesting organization provides follow-up on compliance of the use of the grant in accordance with the reward. Sam Yeghnazar Board Member 90000 Missionary support Reza Roshanzamir Board Member 72000 Missionary support Form 990, Part VI, Section A, line 2 Sam Yeghnazar and Andrew Yeghnazar are on the Board of Directors. David Yeghnazar is the US Director. Sam Yeghnazar is David Yeghnazar's and Andrew Yeghnazar's father. Form 990, Part VI, Section B, line 11 Form 990 is prepared by an independent CPA firm and approved 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. Form 990, Part VI, Section B, line 15a The US Director's compensation is based on the results of the comprehensive compensation study the organization purchased to determine reasonableness of compensation. The study was based on similar size and type nonprofits. The compensation was also approved by the independent board of directors. The approval is documented in the Board minutes. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy, and audited financial statements are available by request. Explanation of Responsibility 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.