Spoken Worldwide 
The information on this page was last updated 9/16/2024. If you see errors or omissions, please email: [email protected]
Summary
Spoken Worldwide empowers and equips local leaders, who know which Biblical and community development topics will have the most impact: everything from the Gospel to disease prevention and clean water management. Messages on these topics are created and recorded on MP3 players and Micro SD cards, which create a way for them to be shared in small listening groups, while still maintaining the accuracy of the original content.
Contact information
Mailing address:
Spoken Worldwide
12801 N. Central Expressway
Suite 1030
Dallas, TX 75243
Website: spoken.org
Phone: 214-549-3947
Email: [email protected]
Organization details
EIN: 562544586
CEO/President: Ed Weaver
Chairman: Neil Rogers
Board size: 8
Founder:
Ruling year: 2006
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2014
Purpose
We serve the non-reader in underserved communities around the world. Our vision is to create equal access to God's Word for people who cannot read - because readers and non-readers alike are valued equally in God's Kingdom. We communicate God's Word using orality methods- to reach, disciple, and ultimately transform individuals and entire communities.
Mission statement
Deliver Truth... where written words can't go.
Statement of faith
We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.
We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.
We believe that for the salvation of lost and sinful people, regeneration by the Holy Spirit is absolutely essential.
We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.
We believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.
We believe in the spiritual unity of believers in our Lord Jesus Christ.
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Bible Translation Organizations
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 825 of 1118 | 16 of 17 |
| Fund acquisition rating | | 651 of 1119 | 12 of 17 |
| Resource allocation rating | | 914 of 1119 | 17 of 17 |
| Asset utilization rating | | 542 of 1118 | 7 of 17 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 9% | 9% | 3% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 7% | 9% | 8% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 98% | 96% | 98% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 8% | 10% | 8% | 5% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 2% | 4% | 2% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 73% | 73% | 76% |
Spending ratio Spending ratio = Total expenses / Total revenue | 90% | 94% | 100% | 70% |
Program output ratio Program output ratio = Program services / Total revenue | 72% | 69% | 73% | 53% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 10% | 6% | 0% | 30% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 11% | 18% | 0% | 79% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 17% | 18% | 19% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.06 | 1.51 | 2.49 | 1.80 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.23 | 1.00 | 1.02 | 1.01 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.14 | 1.52 | 2.53 | 1.81 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 9.04 | 1.99 | 21.63 | 32.63 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.10 | 0.50 | 0.05 | 0.03 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.84 | 3.94 | 4.52 | 6.43 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 14% | 50% | 5% | 3% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 75% | 33% | 38% | 54% |
Financials
| Balance sheet | |||
| Assets | 2022 | 2021 | 2020 |
| Cash | $2,128,142 | $717,509 | $867,664 |
| Receivables, inventories, prepaids | $30,475 | $191,241 | $39,214 |
| Short-term investments | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 |
| Total current assets | $2,158,617 | $908,750 | $906,878 |
| Long-term investments | $0 | $0 | $0 |
| Fixed assets | $8,066 | $15,461 | $6,851 |
| Other long-term assets | $0 | $0 | $0 |
| Total long-term assets | $8,066 | $15,461 | $6,851 |
| Total assets | $2,166,683 | $924,211 | $913,729 |
| Liabilities | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $72,054 | $42,012 | $27,797 |
| Other current liabilities | $1,012,405 | $0 | $0 |
| Total current liabilities | $1,084,459 | $42,012 | $27,797 |
| Debt | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 |
| Total liabilities | $1,084,459 | $42,012 | $27,797 |
| Net assets | 2022 | 2021 | 2020 |
| Without donor restrictions | $222,839 | $160,577 | $146,308 |
| With donor restrictions | $859,385 | $721,622 | $739,624 |
| Net assets | $1,082,224 | $882,199 | $885,932 |
| Revenues and expenses | |||
| Revenue | 2022 | 2021 | 2020 |
| Total contributions | $3,388,182 | $2,212,057 | $2,299,500 |
| Program service revenue | $70,286 | $81,659 | $44,134 |
| Membership dues | $0 | $0 | $0 |
| Investment income | $16,181 | $1,619 | $771 |
| Other revenue | $0 | $611 | $1,406 |
| Total other revenue | $86,467 | $83,889 | $46,311 |
| Total revenue | $3,474,649 | $2,295,946 | $2,345,811 |
| Expenses | 2022 | 2021 | 2020 |
| Program services | $2,383,195 | $1,682,826 | $1,243,259 |
| Management and general | $572,521 | $424,581 | $319,119 |
| Fundraising | $318,908 | $192,272 | $79,459 |
| Total expenses | $3,274,624 | $2,299,679 | $1,641,837 |
| Change in net assets | 2022 | 2021 | 2020 |
| Surplus (deficit) | $200,025 | ($3,733) | $703,974 |
| Other changes in net assets | $0 | $0 | $0 |
| Total change in net assets | $200,025 | ($3,733) | $703,974 |
Compensation
| Name | Title | Compensation |
| Ed Weaver | President/CEO | $158,382 |
Compensation data as of: 12/31/2022
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 9/16/2024. To update the information below, please email: [email protected]
History
Spoken Worldwide was launched in 2005 by four men with an unbridled passion for Jesus Christ.
https://spoken.org/our-story-spoken-worldwide/
Program accomplishments
10,313 Leaders Trained
17,225 Small Groups Established
575,385 People Reached with the Truth