WorldVenture 
The information on this page was last updated 1/4/2023. If you see errors or omissions, please email: [email protected]
Summary
We see multitudes of disciples compelled by the love of God and willing to risk all so that people are transformed by God, impacting their families, communities, and world.
Contact information
Mailing address:
WorldVenture
20 Inverness Pl E
Englewood, CO 80112-5622
Website: www.WorldVenture.com
Phone: 720-283-2000
Email: [email protected]
Organization details
EIN: 362216163
CEO/President: Dr. Jeff Denlinger
Chairman: Dr. Randy McFarland
Board size: 14
Founder:
Ruling year: 1946
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 1995
Purpose
What Three Things Define Our Passion?
1. Deep, Lasting Impact for Jesus
Our passion is simple. We want to see deep, lasting impact for the good news of Christ around the world. And we are confident that deep, lasting impact is most possible through long-term relationships.
2. Support & Care of our People
To keep our standards high as a mission organization, we seek to provide the highest level of support and care for our global Christian workers. We've learned from years of experience how to support and keep God's workers healthy and effectively working out their passion and calling for as long as God calls them to do it.
3. The Local Body of Christ
God has no greater strategy for building His Kingdom than working through the body of Christ. WorldVenture is mission organization proudly committed to working in, through, and with the local church -- both in the United States and around the world.
Mission statement
WorldVenture is a 501(c)(3) nonprofit organization whose mission is engaging the world for gospel impact. Our vision is to see multitudes of disciples compelled by the love of God and willing to risk all so that people are transformed by God, impacting their families, communities, and world.
Statement of faith
1. We believe that the Bible is God's Word, that it was written by men divinely and uniquely inspired, that it is absolutely trustworthy and has supreme authority in all matters of faith and conduct.
2. We believe in God the Father, Creator of heaven and earth, perfect in holiness, infinite in wisdom, measureless in power. We rejoice that He concerns Himself mercifully in the affairs of men, that He hears and answers prayer, and that He saves from sin and death all who come to Him through Jesus Christ.
3. We believe in Jesus Christ, God's only begotten Son, conceived of the Holy Spirit, born of the virgin Mary, sinless in His life, making atonement for the sin of the world by His death on the cross. We believe in His bodily resurrection, ascension into heaven, His high priestly intercession for His people, and His personal, visible return to the world according to His promise.
4. We believe that all men by nature and by choice are sinners, but that "God so loved the world that He gave His only begotten Son, that whosoever believeth in Him should not perish, but have everlasting life" (John 3:16, KJV). We believe, therefore, that those who accept Christ as their Lord and Savior will rejoice forever in God's presence and those who refuse to accept Christ as Lord and Savior will be forever separated from God.
5. We believe in the Holy Spirit, who came forth from God to convince the world of sin, of righteousness, and judgment, and to regenerate, sanctify, and comfort those who believe in Jesus Christ.
6. We believe in the Church-a living spiritual body of which Christ is the Head and of which all regenerated people are members. We believe that a visible church is a company of believers in Jesus Christ, buried with Him in baptism and associated for worship, work, and fellowship. We believe that to these visible churches were committed for observance "till He comes" the ordinances of baptism and the Lord's Supper, and that God has laid upon these churches the task of persuading a lost world to accept Jesus Christ as Savior and to enthrone Him as Lord and Master. We believe that human betterment and social improvement are essential products of the gospel.
7. We believe that every human being is responsible to God alone in all matters of faith.
8. We believe that each church is independent and autonomous, and must be free from interference by any ecclesiastical or political authority; that, therefore, Church and State must be kept separate as having different functions, each fulfilling its duties free from the dictation or patronage of the other.
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 309 of 1091 | 42 of 144 |
| Fund acquisition rating | | 144 of 1094 | 21 of 145 |
| Resource allocation rating | | 927 of 1094 | 124 of 145 |
| Asset utilization rating | | 172 of 1091 | 24 of 144 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 1% | 2% | 1% | 2% | 2% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 1% | 2% | 1% | 1% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 94% | 100% | 98% | 96% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 1% | 2% | 1% | 2% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 6% | 0% | 2% | 4% | 1% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 75% | 91% | 89% | 92% | 91% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 107% | 98% | 106% | 91% | 99% |
Program output ratio Program output ratio = Program services / Total revenue | 78% | 80% | 88% | 94% | 84% | 90% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | -7% | 2% | -6% | 9% | 1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 8% | -18% | 8% | -25% | 19% | 4% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 24% | 8% | 10% | 6% | 7% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.18 | 2.30 | 1.79 | 2.02 | 1.13 | 1.44 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.18 | 1.41 | 2.08 | 2.27 | 2.05 | 1.64 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.66 | 3.25 | 3.73 | 4.58 | 2.31 | 2.37 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 23.43 | 4.40 | 4.57 | 3.90 | 13.23 | 6.02 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.03 | 0.23 | 0.22 | 0.26 | 0.08 | 0.17 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.77 | 2.85 | 2.52 | 1.95 | 4.80 | 4.22 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 5% | 17% | 48% | 52% | 41% | 58% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 77% | 36% | 29% | 24% | 52% | 29% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $5,115,741 | $2,388,836 | $1,323,372 | $2,185,956 | $1,662,709 |
| Receivables, inventories, prepaids | $961,657 | $175,550 | $402,969 | $466,227 | $499,235 |
| Short-term investments | $5,929,835 | $6,238,135 | $6,003,231 | $6,381,123 | $10,941,649 |
| Other current assets | $268,993 | $273,749 | $263,207 | $195,680 | $234,949 |
| Total current assets | $12,276,226 | $9,076,270 | $7,992,779 | $9,228,986 | $13,338,542 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $4,956,885 | $9,269,832 | $9,560,897 | $9,117,542 | $8,108,371 |
| Other long-term assets | $111,447 | $563,481 | $579,821 | $590,843 | $474,964 |
| Total long-term assets | $5,068,332 | $9,833,313 | $10,140,718 | $9,708,385 | $8,583,335 |
| Total assets | $17,344,558 | $18,909,583 | $18,133,497 | $18,937,371 | $21,921,877 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $1,988,478 | $1,984,920 | $2,051,129 | $697,614 | $2,079,502 |
| Other current liabilities | $800,000 | $0 | $0 | $0 | $135,024 |
| Total current liabilities | $2,788,478 | $1,984,920 | $2,051,129 | $697,614 | $2,214,526 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $87,653 | $7,019,262 | $7,414,929 | $7,114,947 | $10,560,532 |
| Total long-term liabilities | $87,653 | $7,019,262 | $7,414,929 | $7,114,947 | $10,560,532 |
| Total liabilities | $2,876,131 | $9,004,182 | $9,466,058 | $7,812,561 | $12,775,058 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $0 | $0 | ($5,027,858) | ($4,280,782) | ($4,347,805) |
| With donor restrictions | $14,468,427 | $9,905,401 | $13,695,297 | $15,405,592 | $13,494,624 |
| Net assets | $14,468,427 | $9,905,401 | $8,667,439 | $11,124,810 | $9,146,819 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $34,952,617 | $34,584,110 | $33,885,317 | $22,425,115 | $31,760,313 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | ($250,308) | $336,370 | $519,388 | $1,051,114 | $102,911 |
| Other revenue | $2,644,178 | ($265,078) | $24,858 | ($12,911) | $155,204 |
| Total other revenue | $2,393,870 | $71,292 | $544,246 | $1,038,203 | $258,115 |
| Total revenue | $37,346,487 | $34,655,402 | $34,429,563 | $23,463,318 | $32,018,428 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $29,828,375 | $30,662,682 | $32,448,399 | $19,679,049 | $28,760,683 |
| Management and general | $9,573,589 | $2,623,872 | $3,696,683 | $1,280,870 | $2,237,864 |
| Fundraising | $486,535 | $547,768 | $428,912 | $346,376 | $659,565 |
| Total expenses | $39,888,499 | $33,834,322 | $36,573,994 | $21,306,295 | $31,658,112 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | ($2,542,012) | $821,080 | ($2,144,431) | $2,157,023 | $360,316 |
| Other changes in net assets | $7,105,038 | $416,882 | ($312,940) | ($1,243,075) | ($1,323,392) |
| Total change in net assets | $4,563,026 | $1,237,962 | ($2,457,371) | $913,948 | ($963,076) |
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 1/4/2023. To update the information below, please email: [email protected]
History
It began with prayer, May 24, 1943. As World War II was raging on, churches were in conflict over the historic beliefs of the Christian faith. While some turned away from the authority of Scripture and the divinity of Jesus, many other faithful followers of Christ wanted to continue sharing the truth of the Bible and the good news of Jesus throughout the world. And they wanted to send out missionaries with the same love and conviction.
It was in this historical context, wrestling with these questions of faith, that approximately 75 Christian leaders met in Chicago, Illinois to pray and seek a way forward. While on their knees in prayer, they took a history-making stand. WorldVenture, then known as the Conservative Baptist Foreign Mission Society (CBFMS), was born and incorporated that year to assist churches in training, sending, and supporting missionaries with an unwavering commitment to the authority of the Bible and the proclamation of salvation through faith in Jesus Christ.
After more than 75 years of ministry, millions of people have been impacted by God and His work through the ministry of WorldVenture and our ministry partners. Today, WorldVenture supports global workers in more than 65 countries across all six inhabited continents. Together, we are engaging the world for gospel impact with a vision to see multitudes of disciples compelled by the love of God and willing to risk all so that people are transformed by God, impacting their families, communities, and world.