Wycliffe Bible Translation Foundation

The information on this page was last updated 1/15/2024. If you see errors or omissions, please email: [email protected]


Summary

Wycliffe Foundation supports the work of Bible translation through providing gift planning services.


Contact information

Mailing address:
Wycliffe Bible Translation Foundation
PO Box 620486
Orlando, FL 32862

Website: wycliffefoundation.org

Phone: 877-493-3600

Email: [email protected]


Organization details

EIN: 330549221

CEO/President: John Krehely

Chairman: Jennifer Holloran

Board size: 5

Founder:

Ruling year: 2003

Tax deductible: Yes

Fiscal year end:

Member of ECFA: Yes

Member of ECFA since: 1980


Purpose

Vision: For people from every language to understand the Bible and be transformed.


Mission statement

The mission of Wycliffe Foundation is to provide professional, donor-centered gift-planning services, helping people use their God-given assets to impact his kingdom through Bible translation.


Statement of faith

WE BELIEVE IN ONE GOD.

The one God exists eternally in three persons - the Father, the Son and the Holy Spirit.

We believe the Bible is the inspired Word of God, and is completely trustworthy, speaking with supreme authority in all matters of belief and practice.

We believe all people are created in the image of God and have intrinsic value, but as a result of sin are alienated from God and each other, and therefore in need of reconciliation.

We believe the Church is the body of Christ, the fellowship of all believers and is commissioned to make disciples of all nations.

WE BELIEVE JESUS IS THE SON OF GOD.

He was born of the virgin Mary, and he is fully God and fully human. He demonstrated God's love for sinners by suffering the penalty of death in their place, rose bodily from the dead and ascended to heaven where he intercedes for his people.

We believe all who repent and trust in Jesus Christ alone as Lord and Savior are, by the grace of God, declared to be right with him, receiving forgiveness and eternal life.

We believe the Lord Jesus Christ will return personally in glory, raise the dead and judge the world.

WE BELIEVE IN ETERNAL LIFE.

We believe all people will rise from the dead - those who are in Christ to enjoy eternal life with God and those who are lost to suffer eternal separation from him.

We believe in the Holy Spirit who imparts new life to those who believe in Christ. Through his indwelling presence and transforming power he gives assurance and equips believers for holy living and effective service.

Donor confidence score

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Transparency grade

C

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Financial efficiency ratings

Sector: Bible Translation Organizations

CategoryRatingOverall rankSector rank
Overall efficiency rating714 of 110410 of 16
Fund acquisition rating694 of 110511 of 16
Resource allocation rating132 of 11053 of 16
Asset utilization rating1102 of 110416 of 16

Financial ratios

Funding ratiosSector median202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%8%8%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%8%8%6%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%99%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%8%8%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%1%1%1%
 
Operating ratiosSector median202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%90%90%93%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%100%100%101%
Program output ratio Program output ratio =
Program services /
Total revenue
76%89%90%94%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%0%0%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%2%-3%-8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%2%2%2%
 
Investing ratiosSector median202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.960.270.290.37
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.2318.3118.2217.61
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.924.985.266.46
 
Liquidity ratiosSector median202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.0425.3019.0122.24
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.040.050.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.492.322.161.77
 
Solvency ratiosSector median202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
15%95%95%95%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
80%19%18%15%

Financials

Balance sheet
 
Assets202020192018
Cash$153,512$155,627$122,602
Receivables, inventories, prepaids$23,230$3,957$3,649
Short-term investments$1,629,840$1,633,943$1,700,905
Other current assets$0$0$0
Total current assets$1,806,582$1,793,527$1,827,156
Long-term investments$0$0$0
Fixed assets$0$0$0
Other long-term assets$31,263,052$30,885,850$30,354,410
Total long-term assets$31,263,052$30,885,850$30,354,410
Total assets$33,069,634$32,679,377$32,181,566
 
Liabilities202020192018
Payables and accrued expenses$71,416$94,345$82,139
Other current liabilities$0$0$0
Total current liabilities$71,416$94,345$82,139
Debt$0$0$0
Due to (from) affiliates$0$0$0
Other long-term liabilities$31,263,052$30,885,850$30,354,410
Total long-term liabilities$31,263,052$30,885,850$30,354,410
Total liabilities$31,334,468$30,980,195$30,436,549
 
Net assets202020192018
Without donor restrictions$105,326$65,239$44,112
With donor restrictions$1,629,840$1,633,943$1,700,905
Net assets$1,735,166$1,699,182$1,745,017
 
Revenues and expenses
 
Revenue202020192018
Total contributions$8,917,212$9,296,194$11,493,218
Program service revenue$0$0$0
Membership dues$0$0$0
Investment income$99,051$55,641$132,554
Other revenue$7,782$40,184$41,048
Total other revenue$106,833$95,825$173,602
Total revenue$9,024,045$9,392,019$11,666,820
 
Expenses202020192018
Program services$8,057,891$8,495,012$10,929,186
Management and general$206,361$209,580$183,200
Fundraising$723,809$733,262$690,823
Total expenses$8,988,061$9,437,854$11,803,209
 
Change in net assets202020192018
Surplus (deficit)$35,984($45,835)($136,389)
Other changes in net assets$0$0$0
Total change in net assets$35,984($45,835)($136,389)

Compensation

Compensation data for this ministry has not been collected.


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 1/15/2024. To update the information below, please email: [email protected]


History


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