Partners Worldwide

The information on this page was last updated 8/25/2023. If you see errors or omissions, please email: [email protected]


Partners Worldwide aspires to end poverty so that all may have life and have it abundantly.

Contact information

Mailing address:
Partners Worldwide
6139 Tahoe Dr. SE
Grand Rapids, MI 49546


Phone: 616-818-4900

Email: [email protected]

Organization details

EIN: 383293173

CEO/President: Bob Vryhof

Chairman: Hessel Kiestra

Board size: 14

Founder: Doug Seebeck

Ruling year: 1997

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2003


Connecting business and professional people in global partnerships focused on business growth and job creation which transform the lives of all involved.

Mission statement

To mobilize a global Christian network that uses business as a way to create flourishing economic environments through partnerships with community institutions that build up permanent local capacity and catalyze entrepreneurs and job creators.

Statement of faith

Partners Worldwide affirms the historic Christian faith as professed in the Apostle's Creed and Nicene Creed.


Donor confidence score

Show donor confidence score details

Transparency grade


To understand our transparency grade, click here.

Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating1004 of 1096128 of 142
Fund acquisition rating872 of 1098107 of 142
Resource allocation rating670 of 109888 of 142
Asset utilization rating1087 of 1096139 of 142

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
Spending ratio Spending ratio =
Total expenses /
Total revenue
Program output ratio Program output ratio =
Program services /
Total revenue
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
Debt ratio Debt ratio =
Debt /
Total assets
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses


Balance sheet
Receivables, inventories, prepaids$180,691$272,053$117,882$284,389$365,349
Short-term investments$0$0$11,252$10,919$9,669
Other current assets$0$0$0$0$0
Total current assets$1,249,472$1,994,297$1,747,956$2,024,820$2,679,193
Long-term investments$14,769,611$14,828,746$11,891,950$11,638,409$10,713,813
Fixed assets$751,036$777,882$839,587$864,755$849,706
Other long-term assets$380,824$536,094$544,663$245,748$320,490
Total long-term assets$15,901,471$16,142,722$13,276,200$12,748,912$11,884,009
Total assets$17,150,943$18,137,019$15,024,156$14,773,732$14,563,202
Payables and accrued expenses$263,011$219,852$154,667$211,424$197,924
Other current liabilities$0$0$0$0$0
Total current liabilities$263,011$219,852$154,667$211,424$197,924
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$1,095,980$1,098,000$1,149,407$1,100,000$1,100,000
Total liabilities$1,358,991$1,317,852$1,304,074$1,311,424$1,297,924
Net assets20222021202020192018
Without donor restrictions$11,378,610$12,775,066$9,866,378$9,952,067$9,027,122
With donor restrictions$4,413,342$4,044,101$3,853,704$3,510,241$4,238,156
Net assets$15,791,952$16,819,167$13,720,082$13,462,308$13,265,278
Revenues and expenses
Total contributions$5,239,870$5,572,787$4,800,795$4,813,659$5,082,861
Program service revenue$47,587$46,269$52,444$130,878$110,146
Membership dues$0$0$0$0$0
Investment income$745,016$595,043$220,835$219,491$279,917
Other revenue$3,510$0$7$524$605
Total other revenue$796,113$641,312$273,286$350,893$390,668
Total revenue$6,035,983$6,214,099$5,074,081$5,164,552$5,473,529
Program services$3,895,999$3,510,651$3,860,755$4,086,306$4,317,347
Management and general$444,994$452,432$387,874$552,237$483,793
Total expenses$4,927,320$4,453,469$4,793,616$5,216,688$5,303,523
Change in net assets20222021202020192018
Surplus (deficit)$1,108,663$1,760,630$280,465($52,136)$170,006
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,108,663$1,760,630$280,465($52,136)$170,006


Doug SeebeckPresident & CEO$141,961
Bruce GerberDirector of Finance$92,248

Compensation data as of: 6/30/2022

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 8/25/2023. To update the information below, please email: [email protected]


Rewind to 1997. In a small corner of East Africa, a group of Kenyan and North American businesspeople came together to ask: "Is there a way for businesspeople to become part of the solution to ending poverty?" With a resounding "YES!" Partners for Christian Development was born. First under the umbrella of World Renew in Kenya, Partners for Christian Development established itself as a global, faith-motivated ministry. In 2005, in response to greater interdenominational involvement, Partners Worldwide was established as an independent ministry.

Over 20 years later, Partners Worldwide now operates in five global regions spanning over 30 countries. Across the world, we partner with passionate people like you to end poverty through business!

Program accomplishments

285,138 total jobs
13,969 jobs created
$13,895,443 loans distributed
271,169 jobs sustained
27,066 graduates of business training