World Bible School 
The information on this page was last updated 10/3/2026. If you see errors or omissions, please email: [email protected]
Summary
Study the Bible at Your Own Pace
Contact information
Mailing address:
World Bible School
16110 Anderson Mill Road
Cedar Park, TX 78613
Website: worldbibleschool.org
Phone: (512) 345-8190
Organization details
EIN: 742254797
CEO/President: Brian Davis
Chairman: Charles Ganus
Board size: 16
Founder:
Ruling year: 1983
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
Religious Education to the unchurched
Mission statement
Studying the Bible should be enjoyable, not a burden. There are no time limits and no schedules, so feel free to take the courses as you have time. Learn on the website, on your mobile device or through postal mail.
Statement of faith
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Growth
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1476 of 1590 | 72 of 79 |
| Fund acquisition rating | | 1577 of 1591 | 74 of 79 |
| Resource allocation rating | | 1158 of 1591 | 56 of 79 |
| Asset utilization rating | | 1014 of 1590 | 47 of 79 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 18% | 15% | 25% | 17% | 20% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 3% | 15% | 13% | 20% | 15% | 17% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 75% | 84% | 87% | 81% | 88% | 85% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 4% | 16% | 15% | 18% | 20% | 19% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 25% | 16% | 13% | 19% | 12% | 15% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 77% | 71% | 74% | 69% | 73% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 96% | 87% | 112% | 73% | 89% |
Program output ratio Program output ratio = Program services / Total revenue | 80% | 74% | 62% | 83% | 50% | 65% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 4% | 13% | -12% | 27% | 11% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | 3% | 10% | -9% | 23% | 12% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 13% | 7% | 13% | 8% | 11% | 8% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.09 | 0.71 | 0.70 | 0.86 | 0.62 | 0.98 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.37 | 1.08 | 1.09 | 1.11 | 1.12 | 1.17 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.77 | 0.77 | 0.76 | 0.96 | 0.69 | 1.15 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 9.64 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.69 | 15.65 | 15.74 | 12.56 | 17.29 | 10.45 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 0% | 0% | 0% | 1% | 1% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 84% | 140% | 142% | 116% | 160% | 101% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2020 | 2019 |
| Cash | $958,253 | $1,050,440 | $783,256 | $1,080,316 | $831,443 |
| Receivables, inventories, prepaids | $0 | $0 | $0 | $502,701 | $196,581 |
| Short-term investments | $5,967,551 | $5,304,843 | $4,592,045 | $3,871,452 | $2,818,313 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $6,925,804 | $6,355,283 | $5,375,301 | $5,454,469 | $3,846,337 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $526,354 | $523,171 | $558,537 | $606,920 | $629,417 |
| Other long-term assets | $18,833 | $21,603 | $24,373 | $31,053 | $32,297 |
| Total long-term assets | $545,187 | $544,774 | $582,910 | $637,973 | $661,714 |
| Total assets | $7,470,991 | $6,900,057 | $5,958,211 | $6,092,442 | $4,508,051 |
| Liabilities | 2024 | 2023 | 2022 | 2020 | 2019 |
| Payables and accrued expenses | $0 | $0 | $0 | $0 | $0 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $0 | $0 | $0 | $0 | $0 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $18,833 | $22,409 | $25,978 | $31,053 | $32,297 |
| Total long-term liabilities | $18,833 | $22,409 | $25,978 | $31,053 | $32,297 |
| Total liabilities | $18,833 | $22,409 | $25,978 | $31,053 | $32,297 |
| Net assets | 2024 | 2023 | 2022 | 2020 | 2019 |
| Without donor restrictions | $6,847,303 | $6,372,835 | $5,663,464 | $5,502,119 | $4,043,593 |
| With donor restrictions | $604,855 | $504,813 | $268,769 | $559,270 | $432,161 |
| Net assets | $7,452,158 | $6,877,648 | $5,932,233 | $6,061,389 | $4,475,754 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2020 | 2019 |
| Total contributions | $4,695,626 | $4,841,690 | $3,735,875 | $4,570,161 | $4,212,093 |
| Program service revenue | $629,605 | $574,454 | $807,408 | $604,663 | $724,917 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $237,248 | $157,680 | $79,969 | $31,761 | $58,753 |
| Other revenue | ($932) | ($24,666) | ($30,256) | ($16,888) | ($32,595) |
| Total other revenue | $865,921 | $707,468 | $857,121 | $619,536 | $751,075 |
| Total revenue | $5,561,547 | $5,549,158 | $4,592,996 | $5,189,697 | $4,963,168 |
| Expenses | 2024 | 2023 | 2022 | 2020 | 2019 |
| Program services | $4,090,742 | $3,459,567 | $3,793,213 | $2,594,077 | $3,228,808 |
| Management and general | $388,162 | $641,102 | $401,947 | $419,711 | $368,345 |
| Fundraising | $832,943 | $744,979 | $940,535 | $771,604 | $821,541 |
| Total expenses | $5,311,847 | $4,845,648 | $5,135,695 | $3,785,392 | $4,418,694 |
| Change in net assets | 2024 | 2023 | 2022 | 2020 | 2019 |
| Surplus (deficit) | $249,700 | $703,510 | ($542,699) | $1,404,305 | $544,474 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $249,700 | $703,510 | ($542,699) | $1,404,305 | $544,474 |
Compensation
| Name | Title | Compensation |
| Tim Yaeger | CIO | $150,594 |
| Brian Davis | President | $129,111 |
| William Bush | CMO (1-8) Cf | $108,242 |
| Marcus McKee | CFO (01-08/2 | $103,453 |
| Josh Sneed | Reg. Advancm | $77,101 |
| Jeremy Robinett | Board Member | $44,703 |
Compensation data as of: 12/31/2024
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 10/3/2026. To update the information below, please email: [email protected]