Luis Palau Association

What it reported doing in 2024

INTERNATIONAL FESTIVALS Fun in the Son Festival (Kingston, Jamaica) Joining with our good friends at Jamaica Broilers, and hundreds of local churches, our effort together proclaimed the Gospel on a massive scale, introducing tens of thousands of people to Jesus Christ in Kingston and throughout the entire region. This was a special campaign for Andrew and Wendy. Returning to the stadium where Andrew responded to the Good News felt full circle. The Lord reached out to Andrew back in 1993 as he listened to Luis share the Gospel with the crowd. As he stood on the stage and shared the life-changing message of Jesus, one couldn't help but think of all the people who responded, just like he did more than 30 years ago... how God may call them to a similar path-choosing to dedicate their lives to proclaiming the message of Jesus. There is nothing better than that! Through the Fun in the Son Festival, thousands of people were served and reached through mission teams, prison outreaches, and affinity events for men and women, school assemblies, health clinics, and more. The Gospel was presented to more than 25,000 people and more than 2,000 indicated a decision for Jesus. Praise God! Festival Palau Panama (Panama City, Panama) Partnering with the local churches of Panama and thousands of local believers, Festival Palau Panama proclaimed the Gospel on a massive scale, introducing more than 150,000 people to Jesus Christ in person. It had been more than 30 years since our team last had the opportunity to minister alongside the churches of Panama, but by God's provision, and at the invitation of dozens of local churches, we served Panama through a unified, area-wide evangelistic campaign that included multiple affinity events reaching every sector of society and a free, family-friendly festival in the capital of Panama City, drawing attendees from the region and across the country. We extended the reach through social media, radio, and television, furthering the message of Jesus to millions throughout Latin America. Whether it was some of our team members sharing the Good News and praying with their Uber driver, the President of Panama hearing Andrew share his story of forgiveness and redemption in Jesus, or a woman in one of the prisons having a heart-to-heart with Wendy, people all over Panama were met with the hope of God like never before. Best of all, 9,623 people responded to the Good News of Jesus! Festival Palau Mendoza (Mendoza, Argentina) Our team was invited to return to Argentina and partner with 376 churches for a massive outreach effort in November. Throughout the week, we were able to reach people from every sector of society through 10 affinity events, including local leaders, soccer players, women, prisoners, and more. It all led to the festival weekend where 130,000 people were met with the Good News of Jesus. Whether through the kids' program, live musical performances, or Andrew sharing his own story from the stage, the Gospel went out with power, leading more than 5,400 people to respond to the message! That's 5,400 people leaving the festival with a new sense of hope and purpose... one set on Jesus and His love for them. Festival Teesside (Teesside, England) Our festival in Teesside, England, was a testament to what can take place when churches get serious about uniting for the common purpose of sharing the Good News of Jesus with their local community. Joining together for the Gospel, 70 churches helped put on a massive outreach effort that blessed their region and brought people into the Kingdom of God. Throughout the week, Andrew and Wendy-along with the team-were able to serve people in marginalized communities, prisons, schools, and at events for women, men, and university students. This all led to the festival weekend that featured carnival rides, live musical performances, action sports, and more. During each night of the festival, Andrew shared about his journey in finding hope with God and encouraged the crowd

Financial Efficiency

• Mission deployment rate: 74.4%; rating input score 74
• Program expense ratio: 76.5%; rating input score 77
• Fundraising efficiency: $10.14 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: 2 of 8 controls in place; rating input score 25
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Pass
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 85.5%; rating input score 86; 18th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 88.2%; rating input score 88; 20th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 3.8%; rating input score 49; 49th percentile among comparable filings
• Total-asset coverage ratio: 0.96; rating input score 34; 34th percentile among comparable filings
• Liabilities to assets ratio: 0.11; rating input score 72; 72nd percentile among comparable filings
• Officer compensation ratio: 14.2%; rating input score 9; 9th percentile among comparable filings

Growth

• Program expense growth: 2.8% per year; rating input score 100; 25th percentile among comparable filings
• Revenue growth: 3.7% per year; rating input score 100; 32nd percentile among comparable filings
• Asset growth: 3.6% per year; rating input score 100; 27th percentile among comparable filings