Davar Audio Bibles 
The information on this page was last updated 10/27/2023. If you see errors or omissions, please email: [email protected]
Summary
We believe all people should know the God of the Bible who made them and that his truths are not bound to the reader or ink on paper. That's why we strive to create opportunities for oral learners to experience the Bible in their home language.
Contact information
Mailing address:
Davar Audio Bibles
6300 Bridge Point Pkwy.
Building 1, Suite 405
Austin, TX 78730
Website: davaraudiobibles.org
Phone: 267-935-9673
Email: [email protected]
Organization details
EIN: 270642468
CEO/President: Mark Perkins
Chairman: Brian Smith
Board size: 6
Founder:
Ruling year: 2011
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2015
Purpose
With access to the recorded Word of God, families, tribes and nations will live transformed for His glory.
Mission statement
To create opportunities for oral learners to fully experience the Bible in their home language.
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 514 of 1115 | 52 of 122 |
| Fund acquisition rating | | 503 of 1116 | 46 of 122 |
| Resource allocation rating | | 745 of 1116 | 80 of 122 |
| Asset utilization rating | | 363 of 1115 | 43 of 122 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 6% | 3% | 4% | 16% | 25% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 6% | 3% | 4% | 16% | 28% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 100% | 100% | 100% | 100% | 109% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 6% | 5% | 7% | 17% | 14% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 0% | 0% | 0% | 0% | -9% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 79% | 81% | 75% | 68% | 52% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 99% | 65% | 66% | 94% | 205% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 78% | 53% | 50% | 64% | 106% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 1% | 35% | 34% | 6% | -105% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 1% | 56% | 71% | 34% | -499% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 15% | 14% | 18% | 15% | 35% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.88 | 1.31 | 1.03 | 1.37 | 4.77 | 9.53 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.76 | 1.00 | 1.00 | 1.01 | 1.00 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.77 | 1.31 | 1.03 | 1.39 | 4.77 | 9.53 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 14.69 | 59.71 | 45.24 | 132.60 | 12.40 | 42.33 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.02 | 0.02 | 0.01 | 0.08 | 0.02 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.99 | 8.99 | 11.40 | 8.59 | 2.31 | 1.23 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 2% | 2% | 1% | 8% | 2% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 98% | 75% | 95% | 72% | 19% | 10% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $1,942,591 | $1,936,885 | $839,996 | $250,209 | $108,484 |
| Receivables, inventories, prepaids | $13,000 | $0 | $0 | $13,333 | $24,869 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,955,591 | $1,936,885 | $839,996 | $263,542 | $133,353 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $4,371 | $4,957 | $7,624 | $0 | $0 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $4,371 | $4,957 | $7,624 | $0 | $0 |
| Total assets | $1,959,962 | $1,941,842 | $847,620 | $263,542 | $133,353 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $32,752 | $42,813 | $6,335 | $21,253 | $3,150 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $32,752 | $42,813 | $6,335 | $21,253 | $3,150 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $32,752 | $42,813 | $6,335 | $21,253 | $3,150 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $1,758,428 | $1,454,200 | $804,001 | $150,415 | $130,203 |
| With donor restrictions | $168,782 | $444,829 | $37,284 | $91,874 | $0 |
| Net assets | $1,927,210 | $1,899,029 | $841,285 | $242,289 | $130,203 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $2,592,058 | $3,052,747 | $1,764,631 | $1,339,528 | $674,417 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $661 | $78 | $218 | $1,093 | $0 |
| Other revenue | $0 | $0 | $0 | $0 | ($53,780) |
| Total other revenue | $661 | $78 | $218 | $1,093 | ($53,780) |
| Total revenue | $2,592,719 | $3,052,825 | $1,764,849 | $1,340,621 | $620,637 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $2,032,228 | $1,608,804 | $875,429 | $855,463 | $654,774 |
| Management and general | $385,180 | $285,627 | $212,325 | $190,693 | $444,454 |
| Fundraising | $148,374 | $99,284 | $76,715 | $212,142 | $171,707 |
| Total expenses | $2,565,782 | $1,993,715 | $1,164,469 | $1,258,298 | $1,270,935 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $26,937 | $1,059,110 | $600,380 | $82,323 | ($650,298) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $26,937 | $1,059,110 | $600,380 | $82,323 | ($650,298) |
Compensation
| Name | Title | Compensation |
| Walter Mark Perkins | CEO | $215,000 |
| Ehab Jabour | Treasurer and CFO | $141,292 |
Compensation data as of: 12/31/2022
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 10/27/2023. To update the information below, please email: [email protected]
History
For a timeline, visit: https://davaraudiobibles.org/audio-scripture/
Program accomplishments
222.5M YouVersion Chapter Listens Since 2018
225 Languages
48 Countries Impacted