WorldVenture

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/14/2022. To update the information in this column, please email: info@ministrywatch.com


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: info@WorldVenture.com


Organization details

EIN: 362216163

CEO/President: Dr. Jeff Denlinger

Chairman: Mr. Sam Williams

Board size: 15

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

WorldVenture uses the following to express its 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

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Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating296 of 102237 of 121
Fund acquisition rating154 of 102423 of 121
Resource allocation rating874 of 1024103 of 121
Asset utilization rating160 of 102222 of 121

Financial ratios

Funding ratiosSector median20202019201820172016
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
98%94%100%98%96%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%1%2%1%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%6%0%2%4%1%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%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
79%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
9%-18%8%-25%19%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%24%8%10%6%7%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.212.301.792.021.131.44
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.412.082.272.051.64
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.773.253.734.582.312.37
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
20.974.404.573.9013.236.02
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.230.220.260.080.17
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.112.852.521.954.804.22
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%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
75%36%29%24%52%29%

Financials

Balance sheet
 
Assets20202019201820172016
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
 
Liabilities20202019201820172016
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 assets20202019201820172016
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
 
Revenue20202019201820172016
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
 
Expenses20202019201820172016
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 assets20202019201820172016
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 2/14/2022. To update the information below, please email: info@ministrywatch.com


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.


Program accomplishments


Needs