2011-10-17T12:08:41-05:00 2010-12-31 Capin Crouse LLP 972 Emerson Parkway STE A Greenwood IN 46143 990 2010-01-01 582134253 Elam Ministries ELAM 7706648800 5755 Northpoint Parkway No 217 Alpharetta GA 30022 David Yeghnazar 7706648800 2011-10-17 1 Todd Ensign 3178852620 2010 2016-03-07 17:11:31Z David Yeghnazar 5755 Northpoint Parkway No 217 Alpharetta GA 30022 4196127 0 X www.elam.com X 1994 GA Strengthen and expand the Church by training leaders and workers for effective ministry of the Gospel. 8 6 8 11 0 0 4208236 4179042 2390 15015 2653 2070 15253 -128174 4228532 4067953 3329404 3343639 0 0 344603 419967 0 0 184359 632437 472891 4306444 4236497 -77912 -168544 894001 1516585 190981 982109 703020 534476 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 3867871 3343639 15015 Elam partners with established overseas organizations that help fulfill the organization's stated purpose. The organization seek and obtain 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 seek and obtain financial reports and organizational information from partner organizations. Whenever possible, we conduct personal visits to verify progress and completion of projects funded. 3867871 1 1 0 0 0 0 0 0 0 1 0 0 0 1 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 5 0 8 1 0 0 0 0 0 0 0 0 0 0 X 8 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 GA X Elam Ministries 7706648800 5755 Northpoint Parkway No 217 Alpharetta GA 30022 Samuel Yeghnazar 2.00 X 0 0 0 Reza Roshanzamir 5.00 X 0 0 0 Ann Buwalda 3.00 X X 0 0 0 William T Dunn 1.00 X 0 0 0 Kathy Giske 1.00 X 0 0 0 Sam Jahani 2.00 X 0 0 0 Andrew Yeghnazar 2.00 X 0 0 0 Tom Waller 1.00 X X 0 0 0 David Yeghnazar 40.00 X 99709 0 21889 99709 0 21889 0 0 0 0 0 315205 3863837 1075 4179042 Other program revenue 900099 15015 15015 15015 2070 2070 0 315205 128174 -128174 -128174 4067953 15015 0 -126104 7000 7000 30000 30000 3306639 3306639 121598 86256 29181 6161 263872 152510 38022 73340 4365 1918 2036 411 30132 17551 6560 6021 26964 8277 18687 41998 41998 160267 119909 6032 34326 94069 55038 27701 11330 12320 6419 3701 2200 84909 7813 32251 44845 12851 8995 1927 1929 20004 14002 3001 3001 2805 1596 1209 Uncollected pledges 12695 12695 Miscellaneous 4009 1950 1264 795 4236497 3867871 184267 184359 X 119342 107408 0 11934 155017 929245 377329 225504 64628 79960 40719 18142 322144 58410 256308 263734 894001 1516585 11750 10858 179231 171251 0 800000 190981 982109 X 140729 216473 562291 318003 703020 534476 894001 1516585 -168544 0 X X 0 1 1 X 0 X 1729465 3043125 2723347 4208236 4179042 15883215 1729465 3043125 2723347 4208236 4179042 15883215 2497777 13385438 1911 2370 2387 2653 2070 11391 9996 14089 15253 39338 15933944 49245 0.84010 0.88420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 266268 26432 239836 40084 28820 11264 15792 3158 12634 263734 Grant payable 800000 800000 4067953 4236497 -168544 0 -168544 4214352 18225 18225 4196127 -128174 -128174 4067953 4382896 18225 128174 146399 4236497 0 4236497 Part XII, Line 4b - Other Adjustments: Fundraising expenses -128,174. Part XIII, Line 2d - Other Adjustments: Fundraising expenses 128,174. 1 Europe (Including Iceland & Greenland) 0 0 Grants to recipients located in region 3268128 Russia & the Newly Independent States 0 0 Grants to recipients located in region 28000 North America 0 0 Grants to recipients located in region 10511 0 0 0 3306639 0 3306639 Europe (Including Iceland & Greenland) Bible & resource development, leadership training, and general support 2918500 Wire transfer 186128 Computers, electronics and resources Cost Russia & the Newly Independent States Leadership training and general support 28000 Wire transfer 0 2 0 Ministry support- leadership training, church planting, and scripture distribution Europe (Including Iceland & Greenland) 3 163500 Wire transfer Ministry support- development of online educational program North America 1 10511 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 274200 274200 28120 67892 5484 Fundraising dinners 41005 41005 19886 6792 315205 315205 28120 87778 12276 128174 -128174 1 Eternal Life Agape Ministries PO Box 3011 Chatsworth CA 91313 954223202 501(c)(3) 7000 0 Ministry support 1 0 Missionary Support 1 30000 0 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 with use of grant in accordance with the reward. Eternal Life Agape Ministries A board member's brother is an officer of Eternal Life Agape Ministries. 7000 Ministry support Sam Yeghnazar Board member 90000 Ministry 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 the board of directors annually. Each member completes the questionnaire and returns the form to the outsourced controller for review. 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 The organization has a finance committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent auditor. This process has not changed since the prior year.