The 4.2.20 Foundation / Biblical Languages and Translation

The information on this page was last updated 4/11/2022. If you see errors or omissions, please email: [email protected]


Summary

The 4.2.20 Foundation is a non profit organization committed to advancing access and engagement with the whole Word of God for every language, culture & people.

Through the Institute for Biblical Languages & Translation (IBLT) we aim to accelerate the training of Old Testament translators and consultants in order for it to be possible to begin OT translations in every language by 2033. We are dedicated to eliminating the Old Testament Gap, enabling access and engagement with the whole Word in every language and among oral and Deaf communities.


Contact information

Mailing address:
The 4.2.20 Foundation
P.O. Box 23027
Richmond, VA 23223

Website: 4220foundation.com

Phone: 804-482-0756

Email: [email protected]


Organization details

EIN: 473406578

CEO/President: David Swarr PhD

Chairman: Samuel Chiang

Board size: 9

Founder:

Ruling year: 2015

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2017


Purpose

Vision: The whole Word accessible to the whole world

Our Goal: to see the whole Word available in the 4,000+ languages still requiring a translation of the Old Testament

Our Commitment: to play a part by training 4,220 translators and consultants in Biblical Hebrew by 2033


Mission statement

To advance access and engagement with the whole Word of God for every language, culture and people whether written, oral or signed.


Statement of faith

The 4.2.20 Foundation subscribes to the Lausanne Covenant.

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Bible Translation Organizations

CategoryRatingOverall rankSector rank
Overall efficiency rating147 of 10331 of 16
Fund acquisition rating493 of 10359 of 16
Resource allocation rating301 of 10353 of 16
Asset utilization rating60 of 10331 of 16

Financial ratios

Funding ratiosSector median2019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%8%7%12%13%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%6%6%10%12%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%68%90%85%96%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
8%6%6%11%14%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%32%10%15%4%
 
Operating ratiosSector median2019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%89%88%77%71%
Spending ratio Spending ratio =
Total expenses /
Total revenue
90%99%99%90%86%
Program output ratio Program output ratio =
Program services /
Total revenue
75%88%87%70%61%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
10%1%1%10%14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
13%9%5%34%40%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%5%6%11%15%
 
Investing ratiosSector median2019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.933.973.083.012.34
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.001.001.001.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.453.973.083.022.37
 
Liquidity ratiosSector median2019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.722.442.7541.8220.85
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.410.360.020.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.621.782.483.874.83
 
Solvency ratiosSector median2019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%41%36%2%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
80%15%21%32%41%

Financials

Balance sheet
 
Assets2019201820172016
Cash$333,702$473,541$380,937$258,817
Receivables, inventories, prepaids$366,492$120,245$23,254$12,197
Short-term investments$0$0$0$0
Other current assets$0$0$0$0
Total current assets$700,194$593,786$404,191$271,014
Long-term investments$0$0$0$0
Fixed assets$0$0$1,700$3,399
Other long-term assets$0$0$0$0
Total long-term assets$0$0$1,700$3,399
Total assets$700,194$593,786$405,891$274,413
 
Liabilities2019201820172016
Payables and accrued expenses$123,571$16,152$9,665$13,000
Other current liabilities$163,493$199,710$0$0
Total current liabilities$287,064$215,862$9,665$13,000
Debt$0$0$0$0
Due to (from) affiliates$0$0$0$0
Other long-term liabilities$0$0$0$0
Total long-term liabilities$0$0$0$0
Total liabilities$287,064$215,862$9,665$13,000
 
Net assets2019201820172016
Without donor restrictions$175,940$188,461$312,410$239,753
With donor restrictions$237,190$189,463$83,816$21,660
Net assets$413,130$377,924$396,226$261,413
 
Revenues and expenses
 
Revenue2019201820172016
Total contributions$1,917,762$1,658,978$1,149,549$712,023
Program service revenue$899,951$187,457$206,426$33,008
Membership dues$0$0$0$0
Investment income$9$0$0$15
Other revenue$0$0$1,127$0
Total other revenue$899,960$187,457$207,553$33,023
Total revenue$2,817,722$1,846,435$1,357,102$745,046
 
Expenses2019201820172016
Program services$2,473,625$1,612,088$946,608$452,889
Management and general$152,523$107,614$138,644$99,084
Fundraising$156,368$107,863$137,037$89,185
Total expenses$2,782,516$1,827,565$1,222,289$641,158
 
Change in net assets2019201820172016
Surplus (deficit)$35,206$18,870$134,813$103,888
Other changes in net assets$0$0$0$0
Total change in net assets$35,206$18,870$134,813$103,888

Compensation

NameTitleCompensation
David SwarrPresident & CEO$127,962
Daniel AraujoDirector of Finance & Development$63,377
Timothy King - Part YearTreasurer & Secretary (part year)$39,341

Compensation data as of: 12/31/2019


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 4/11/2022. To update the information below, please email: [email protected]


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