NickV Ministries 
The information on this page was last updated 8/30/2024. If you see errors or omissions, please email: [email protected]
Summary
BRINGING HOPE TO THE WORLD
Nick Vujicic and NickV Ministries champion the cause of the brokenhearted and share the Good News of Jesus Christ around the world.
Contact information
Mailing address:
NickV Ministries
2001 W Plano Pkwy, Ste 3500
Plano, TX 75075
Website: nickvministries.org
Phone: 214-440-1177
Email: [email protected]
Organization details
EIN: 371511251
CEO/President: Nick Vujicic
Chairman: Nick Vujicic
Board size: 9
Founder: Nick Vujicic
Ruling year: 2006
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2011
Purpose
People need Jesus.
Billions of people around the world have no idea that Christ is the answer. We're on a mission to change that.
Led by Nick Vujicic, one of the world's most loved communicators who was born without arms and legs, our goal is to share the Gospel with ONE BILLION MORE PEOPLE by 2028.
Mission statement
Our mission is to cross boundaries and break down barriers, to build bridges that bring people to the love and hope found in Jesus Christ.
Statement of faith
Visit: https://nickvministries.org/about/what-we-believe/
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Pro-Life
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 824 of 1107 | 24 of 32 |
| Fund acquisition rating | | 857 of 1108 | 27 of 32 |
| Resource allocation rating | | 1052 of 1108 | 31 of 32 |
| Asset utilization rating | | 215 of 1107 | 7 of 32 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 20% | 18% | 8% | 19% | 14% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 9% | 14% | 17% | 8% | 19% | 12% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 96% | 69% | 91% | 96% | 98% | 86% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 9% | 11% | 13% | 13% | 16% | 13% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 4% | 31% | 9% | 4% | 2% | 14% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 66% | 61% | 54% | 53% | 63% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 125% | 133% | 63% | 119% | 97% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 82% | 81% | 34% | 63% | 61% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | -25% | -33% | 37% | -19% | 3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | -47% | -29% | 45% | -23% | 3% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 23% | 27% | 33% | 31% | 24% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.07 | 1.87 | 1.08 | 0.73 | 1.21 | 1.11 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.59 | 1.17 | 1.08 | 1.13 | 1.51 | 1.34 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.68 | 2.19 | 1.17 | 0.83 | 1.83 | 1.49 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.88 | 5.78 | 11.21 | 17.23 | 8.54 | 20.63 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.17 | 0.09 | 0.06 | 0.12 | 0.05 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.40 | 4.54 | 9.35 | 13.68 | 5.79 | 7.66 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 14% | 21% | 8% | 5% | 16% | 4% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 85% | 42% | 85% | 130% | 69% | 87% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $1,378,865 | $1,918,149 | $2,327,169 | $1,028,475 | $1,146,999 |
| Receivables, inventories, prepaids | $75,888 | $70,611 | $55,966 | $83,730 | $199,340 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,454,753 | $1,988,760 | $2,383,135 | $1,112,205 | $1,346,339 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $149,887 | $168,055 | $316,500 | $319,662 | $456,123 |
| Other long-term assets | $97,123 | $0 | $0 | $248,100 | $0 |
| Total long-term assets | $247,010 | $168,055 | $316,500 | $567,762 | $456,123 |
| Total assets | $1,701,763 | $2,156,815 | $2,699,635 | $1,679,967 | $1,802,462 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $251,633 | $177,380 | $123,327 | $130,305 | $65,246 |
| Other current liabilities | $0 | $0 | $15,000 | $0 | $0 |
| Total current liabilities | $251,633 | $177,380 | $138,327 | $130,305 | $65,246 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $107,123 | $0 | $0 | $139,559 | $0 |
| Total long-term liabilities | $107,123 | $0 | $0 | $139,559 | $0 |
| Total liabilities | $358,756 | $177,380 | $138,327 | $269,864 | $65,246 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $1,093,007 | $1,979,435 | $2,561,308 | $1,410,103 | $1,692,216 |
| With donor restrictions | $250,000 | $0 | $0 | $0 | $45,000 |
| Net assets | $1,343,007 | $1,979,435 | $2,561,308 | $1,410,103 | $1,737,216 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $1,766,673 | $1,584,923 | $3,000,007 | $1,679,512 | $1,776,411 |
| Program service revenue | $794,655 | $162,019 | $150,195 | $21,806 | $266,925 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $2,221 | $4,892 | $1,971 | $859 | $848 |
| Other revenue | ($19,904) | ($7,829) | ($31,781) | $6,399 | $18,458 |
| Total other revenue | $776,972 | $159,082 | $120,385 | $29,064 | $286,231 |
| Total revenue | $2,543,645 | $1,744,005 | $3,120,392 | $1,708,576 | $2,062,642 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $2,096,814 | $1,416,016 | $1,062,912 | $1,080,919 | $1,267,222 |
| Management and general | $726,997 | $617,645 | $652,087 | $633,720 | $485,515 |
| Fundraising | $356,263 | $292,217 | $254,191 | $321,050 | $253,236 |
| Total expenses | $3,180,074 | $2,325,878 | $1,969,190 | $2,035,689 | $2,005,973 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | ($636,429) | ($581,873) | $1,151,202 | ($327,113) | $56,669 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($636,429) | ($581,873) | $1,151,202 | ($327,113) | $56,669 |
Compensation
| Name | Title | Compensation |
| Nicolas Vujicic | President and CEO | $250,275 |
| Jay Smith | Chief Operating Officer | $144,539 |
| David Gavrilovic | Vice President | $138,291 |
Compensation data as of: 12/31/2023
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 8/30/2024. To update the information below, please email: [email protected]
History
For a timeline, visit: https://lifewithoutlimbs.org/about/history/
Program accomplishments
Since 2005, we've shared the Gospel with more than 733 million people...and over ONE MILLION are now following Christ as a result.