Words of Hope, Inc.

The information on this page was last updated 9/5/2022. If you see errors or omissions, please email: [email protected]


Summary

Words of Hope isn't just a devotional ministry, and it's not just a missions agency either! As you connect daily to the truths of Scripture with Words of Hope, you will also grow in your appreciation of and care for the global church. Resources you donate to the ministry will go directly to providing access to Scripture for people living around the world. Their stories of conversion, faith, and discipleship will encourage your own faith walk, and the global church will be built near and far!


Contact information

Mailing address:
Words of Hope, Inc.
700 Ball Ave., NE
Grand Rapids, MI 49503

Website: www.woh.org

Phone: (616) 459-6181

Email: [email protected]


Organization details

EIN: 381335605

CEO/President: Rev. Jon Opgenorth

Chairman: Skip Pylman

Board size: 15

Founder: Reformed Church of America, General Synod

Ruling year: 1950

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1980


Purpose

To proclaim Jesus Christ through broadcasting in the languages of the world's peoples, seeking with our partners in ministry to build the church by winning the uncommitted to faith in Christ and by encouraging Christians in the life of discipleship.


Mission statement

The mission of Words of Hope is to provide people both near and far with daily access to God's Word.


Statement of faith

At Words of Hope, we believe that Jesus Christ is the hope of the world. We believe that the Bible reveals God's truth. We believe that God commissions us to make disciples of all nations. We affirm the Apostles' Creed.

Donor confidence score

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Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

This ministry has not been rated.


Financial ratios

Funding ratiosSector median20132012201120102009
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%14%18%17%16%15%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%13%18%15%14%14%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%95%99%93%91%93%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%16%19%17%14%12%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%5%1%7%9%7%
 
Operating ratiosSector median20132012201120102009
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%66%62%66%64%69%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%82%94%89%99%115%
Program output ratio Program output ratio =
Program services /
Total revenue
76%54%58%58%63%80%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%18%6%11%1%-15%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%22%8%16%2%-21%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%18%19%17%21%19%
 
Investing ratiosSector median20132012201120102009
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.140.931.051.161.401.47
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.294.063.684.364.864.57
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.613.783.885.046.786.71
 
Liquidity ratiosSector median20132012201120102009
Current ratio Current ratio =
Total current assets /
Total current liabilities
20.9814.2917.6110.7114.819.37
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.070.060.090.070.11
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.912.952.922.161.651.60
 
Solvency ratiosSector median20132012201120102009
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%6%8%8%7%9%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
78%101%87%79%66%62%

Financials

Balance sheet
 
Assets20132012201120102009
Cash$630,970$437,277$469,263$387,970$289,192
Receivables, inventories, prepaids$189,493$288,343$45,273$32,188$155,974
Short-term investments$0$0$0$0$0
Other current assets$0$0$50,000$0$0
Total current assets$820,463$725,620$564,536$420,158$445,166
Long-term investments$2,007,017$1,304,481$1,474,799$1,242,658$1,194,094
Fixed assets$82,923$80,784$87,977$95,485$85,387
Other long-term assets$422,270$558,690$333,449$282,323$309,479
Total long-term assets$2,512,210$1,943,955$1,896,225$1,620,466$1,588,960
Total assets$3,332,673$2,669,575$2,460,761$2,040,624$2,034,126
 
Liabilities20132012201120102009
Payables and accrued expenses$57,424$41,194$52,721$28,378$47,494
Other current liabilities$0$0$0$0$0
Total current liabilities$57,424$41,194$52,721$28,378$47,494
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$149,520$176,490$150,949$117,532$126,394
Total long-term liabilities$149,520$176,490$150,949$117,532$126,394
Total liabilities$206,944$217,684$203,670$145,910$173,888
 
Net assets20132012201120102009
Without donor restrictions$1,498,969$783,140$1,020,536$672,002$680,791
With donor restrictions$1,626,760$1,668,751$1,236,555$1,222,712$1,179,447
Net assets$3,125,729$2,451,891$2,257,091$1,894,714$1,860,238
 
Revenues and expenses
 
Revenue20132012201120102009
Total contributions$3,575,605$2,965,611$2,980,306$2,616,596$2,422,805
Program service revenue$0$0$0$0$126,581
Membership dues$0$0$0$0$0
Investment income$154,442($50,524)$134,865$163,382($61,883)
Other revenue$48,947$93,528$91,267$104,807$113,265
Total other revenue$203,389$43,004$226,132$268,189$177,963
Total revenue$3,778,994$3,008,615$3,206,438$2,884,785$2,600,768
 
Expenses20132012201120102009
Program services$2,037,496$1,745,632$1,864,750$1,830,322$2,075,581
Management and general$568,768$532,187$482,512$612,712$553,346
Fundraising$498,892$535,996$496,799$407,275$360,325
Total expenses$3,105,156$2,813,815$2,844,061$2,850,309$2,989,252
 
Change in net assets20132012201120102009
Surplus (deficit)$673,838$194,800$362,377$34,476($388,484)
Other changes in net assets$0$0$0$0$0
Total change in net assets$673,838$194,800$362,377$34,476($388,484)

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 9/5/2022. To update the information below, please email: [email protected]


History

In 1944, the Rev. Howard Teusink, then pastor of the Trinity Reformed Church of Kalamazoo, Michigan, stayed home one Sunday morning, too sick to preach. From his bed he turned his radio dial, searching for a gospel broadcast. After listening for some time, he became convinced of the need for a radio broadcast with a sound, well-balanced biblical witness.

At the urging of Rev. Teusink's consistory, the ministry of Words of Hope officially began under the name "Temple Time." The ministry's purpose statement was: "to preach through broadcasting Jesus Christ as the only Savior."

The first broadcast of the new ministry aired on July 22, 1945, from the Central Reformed Church of Grand Rapids, Michigan. Dr. William Goulooze, then Professor of Church History at Western Theological Seminary in Holland, Michigan, presented a message titled, "Consider Christ Jesus."

Preaching Christ as Savior remains the core goal of the ministry of Words of Hope today, as we continue to expand our reach into new countries and languages, utilizing new media formats as they become available.


Program accomplishments


Needs