Financial Transparency and Accountability

The North American Mission Board (NAMB) is committed to the highest standards of financial integrity, independent oversight and biblical stewardship. The missionaries and staff who serve NAMB are grateful for the offerings and donations that fuel the ministry. This page highlights the ways NAMB practices transparency in how finances and resources are utilized as well as the oversight and accountability that is in place to ensure NAMB’s resources are stewarded well.

NAMB is accountable to its Board of Trustees. Members of NAMB’s Board of Trustees are all Southern Baptists. Trustees are elected by messengers at the SBC Annual Meeting to provide oversight and accountability. Trustees have approved and regularly review NAMB’s financial policies and practices. Trustees have established a compensation committee that utilizes information from independent compensation analysis professionals to determine appropriate salary ranges for all NAMB ministerial staff.

NAMB is accountable through reporting. NAMB reports annually to members of the SBC Executive Committee (SBCEC) and answers questions from SBCEC members. NAMB reports each year to messengers at the SBC Annual Meeting and takes questions from messengers. NAMB provides an annual report to the national executive director and board of the Woman’s Missionary Union detailing how Annie Armstrong Easter Offering® funds are spent. NAMB’s reports are published online for Southern Baptists to review.

NAMB is accountable through independent audits. An independent, outside firm conducts an audit of NAMB each year. In addition, NAMB has an independent, internal auditor who reports directly to the Board of Trustees. This has been the case since 2006.

NAMB is accountable through accreditation and ratings from independent, third-party sources including current accreditation awarded by the Evangelical Council for Financial Accountability and a Platinum seal of transparency on our GuideStar nonprofit profile through Candid.

NAMB has earned a Platinum Seal of Transparency on its nonprofit profile through Candid and is accredited by the Evangelical Council for Financial Accountability (ECFA).

Candid Platinum Transparency

Formed through a merger of Foundation Center and Guidestar, Candid is a leading nonprofit organization that provides comprehensive data and insights on the social and nonprofit sector. On NAMB’s Candid nonprofit profile, you can find information about ministry results, audited financial statements, leadership, and more.  This information has earned NAMB a Platinum Seal of Transparency from Candid.

Learn More

ECFA Integrity Standards

NAMB has received ECFA’s accreditation of complete compliance with its standards of integrity and stewardship.

ECFA is a leading accountability organization of over 2,700 Christian churches and ministries who are committed to being accountable privately to God and transparent publicly to donors and the world. This commitment is rooted in Scripture:

“We take this course so that no one should blame us about this generous gift that is being administered by us, for we aim at what is honorable not only in the Lord's sight but also in the sight of man.”  2 Corinthians 8:20-21

ECFA describes its standards further: “ECFA's Seven Standards of Responsible Stewardship™, drawn from Scripture, are fundamental to operating with integrity. Accountability to God is vital, but people form their impressions of both people and organizations by looking at the outward appearances (1 Samuel 16:7).”

ECFA-accredited ministries like NAMB are committed to upholding these standards:

  1. Doctrinal Issues. Every organization shall subscribe to a written statement of faith clearly affirming a commitment to the evangelical Christian faith or shall otherwise demonstrate such commitment, and shall operate in accordance with biblical truths and practices.
  2. Governance. Every organization shall be governed by a responsible board of not less than five individuals, a majority of whom shall be independent, who shall meet at least semiannually to establish policy and review its accomplishments.
  3. Financial Oversight. Every organization shall prepare complete and accurate financial statements. The board or a committee consisting of a majority of independent members shall approve the engagement of an independent certified public accountant, review the annual financial statements, and maintain appropriate communication with the independent certified public accountant. The board shall be apprised of any material weaknesses in internal control or other significant risks.
  4. Use of Resources and Compliance with Laws. Every organization shall exercise the appropriate management and controls necessary to provide reasonable assurance that all of the organization’s operations are carried out and resources are used in a responsible manner and in conformity with applicable laws and regulations, such conformity taking into account biblical mandates.
  5. Transparency. Every organization shall provide a copy of its current financial statements upon written request and shall provide other disclosures as the law may require. The financial statements required to comply with Standard 3 must be disclosed under this standard. An organization must provide a report, upon written request, including financial information on any specific project for which it sought or is seeking gifts.
  6. Compensation Setting and Related Party Transactions. Every organization shall set compensation of its top leader and address related-party transactions in a manner that demonstrates integrity and propriety in conformity with ECFA’s Policy for Excellence in Compensation-Setting and Related-Party Transactions.
  7. Stewardship of Charitable Gifts

Truthfulness in Communications. In securing charitable gifts, all representations of fact, descriptions of the financial condition of the organization, or narratives about events must be current, complete, and accurate. References to past activities or events must be appropriately dated. There must be no material omissions or exaggerations of fact, use of misleading photographs, or any other communication which would tend to create a false impression or misunderstanding.

Giver Expectations and Intent. Statements made about the use of gifts by an organization in its charitable gift appeals must be honored. A giver’s intent relates both to what was communicated in the appeal and to any instructions accompanying the gift, if accepted by the organization. Appeals for charitable gifts must not create unrealistic expectations of what a gift will actually accomplish.

Charitable Gift Communication. Every organization shall provide givers appropriate and timely gift acknowledgments.

Acting in Best Interest of Givers. When dealing with persons regarding commitments on major gifts, an organization’s representatives must seek to guide and advise givers to adequately consider their broad interests. An organization must make every effort to avoid knowingly accepting a gift from, or entering into a contract with, a giver that would place a hardship on the giver or place the giver’s future well-being in jeopardy.

Percentage Compensation for Securing Charitable Gifts. An organization may not base compensation of outside stewardship resource consultants or its own staff directly or indirectly on a percentage of charitable contributions raised.

Learn more

2023 Gifts and Budget

Southern Baptists are consistently generous in their support of missionaries.

2023 Contributions

0

Million
Annie Armstrong Easter Offering

0

Million
Cooperative Program

0

Million
Other Gifts

0

Million
Other Income

0

Million
2023 Expenses

0

Million
Church Planting

0

Million
Evangelism and Relief

0

Million
Sending and Leadership

0

Million
Administration

0

Million
Mission Education and Opportunities

0

Million

100% of every dollar given to the Annie Armstrong Easter Offering supports thousands of missionaries across the U.S. and Canada.

Annie Armstrong Easter Offering

The Annie Armstrong Easter Offering (AAEO) is the primary way you support missionaries across the U.S. and Canada. 100% of your gifts go to assess, train and resource thousands serving as church planters and in compassion ministries. Half of NAMB’s revenue comes from AAEO.

Your gifts can provide financially for a missionary family, purchase food and supplies for a community outreach event, buy Bibles and curriculum, provide monthly rent for a worship facility, or be put to work in hundreds of other ways to reach the millions lost in North America.

Learn more at AnnieArmstrong.com.


Cooperative Program

When churches like yours support the Cooperative Program, NAMB uses the gifts in a multitude of ways:

  • Provide evangelism resources and events
  • Support missionaries and their ministries
  • Endorse and train chaplains
  • Sustain ministry centers
  • Meet administrative and operational needs

These funds are used all year long and allocated to where the needs are the greatest.

When you give, we are committed to stewarding your gift wisely and for gospel purpose.


A closer look

View NAMB’s annual audit and select reports below for a closer look at financial details as well as ministry strategies, goals, accomplishments and FAQ’s.

Download NAMB’s 2023 Audited Financial Report

NAMB MINISTRY REPORTS

NAMB regularly produces a comprehensive ministry report detailing the ministry activities of the last fiscal year.

Download NAMB Ministry Report

NAMB also submits a report to the SBC Executive Committee containing hundreds of data points about our missionaries and ministries, as well as detailed financial information.

View SBC Executive Committee Report

It's all about the gospel.