Andrew Wommack Ministries
The information on this page was last updated 3/28/2024. If you see errors or omissions, please email: [email protected]
Summary
Andrew teaches the truth of the Gospel with special emphasis on God's unconditional love, and the balance between grace and faith.
Contact information
Mailing address:
Andrew Wommack Ministries
PO Box 3333
Colorado Springs, CO 80934
Website: awmi.net
Phone: (719) 635-1111
Email: [email protected]
Organization details
EIN: 840780017
CEO/President: Billy Epperhart
Chairman: Andrew Wommack
Board size: 10
Founder: Andrew and Jamie Wommack
Ruling year: 1979
Tax deductible: Yes
Fiscal year end: 09/30
Member of ECFA: No
Member of ECFA since:
Purpose
Andrew Wommack Ministries is committed to teaching the truth of the Gospel through TV, radio, printed material, audio and video media, and the internet.
Mission statement
To teach the truth of the Gospel to the body of Christ throughout America and the world with special emphasis on God's unconditional love and the balance between grace and faith.
Statement of faith
We believe the Bible is inspired and empowered by God, infallible, and authoritative.
We believe in one eternal God who exists as three separate persons; the Father, Son, and Holy Spirit.
We believe Jesus Christ is the Son of God, born of a virgin, lived a sinless life as He walked among men, demonstrated the authority and power of God in works and speech, died on the cross, rose from the dead on the third day, and is now seated at the right hand of God having accomplished all that is necessary for man's salvation.
We believe it is essential for man to repent of sin and by faith receive the finished work of Christ by confessing Him as Lord with his mouth and believing in his heart resulting in regeneration by the Holy Spirit.
We believe the Holy Spirit is continuing the work He started at Pentecost empowering believers to live a godly life and continue in all the works of Jesus.
We believe in the imminent return of Jesus and that those who have believed in Him will be resurrected to a heavenly dwelling in an incorruptible body, and those who do not believe will join Satan and his host in everlasting punishment.
We believe the true Church is composed of all born-again believers in Christ, regardless of denominational affiliation.
We believe all born-again believers have been commissioned to share the complete Gospel to all the world.
Donor confidence score
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 | 174 of 1115 | 9 of 64 | |
| Fund acquisition rating |  | 443 of 1116 | 22 of 64 |
| Resource allocation rating | | 513 of 1116 | 28 of 64 |
| Asset utilization rating | | 15 of 1115 | 1 of 64 |
This ministry has a negative net worth, making it impossible to assign it a valid financial efficiency rating.
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 6% | 5% | 4% | 7% | 8% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 5% | 5% | 4% | 6% | 6% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 82% | 99% | 99% | 99% | 84% | 82% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 5% | 6% | 5% | 7% | 8% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 18% | 1% | 1% | 1% | 16% | 18% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 82% | 86% | 87% | 82% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 100% | 120% | 86% | 83% | 83% | 84% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 98% | 75% | 72% | 68% | 71% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 0% | -20% | 14% | 17% | 17% | 16% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | 30% | -32% | 30% | 27% | 14% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 13% | 8% | 9% | 10% | 8% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.01 | 15.87 | 3.55 | 0.80 | 0.98 | 0.61 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.45 | 1.00 | 1.92 | 14.19 | 11.01 | 26.68 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.59 | 15.87 | 6.80 | 11.32 | 10.84 | 16.32 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.08 | 0.73 | 0.85 | 0.41 | 0.57 | 0.38 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.09 | 1.37 | 1.18 | 2.42 | 1.75 | 2.60 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.55 | -0.28 | -0.32 | -1.51 | -0.83 | -1.18 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 15% | 976% | 276% | 47% | 23% | 15% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 839% | 214% | 30% | 7% | 5% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 78% | -55% | -50% | 66% | 78% | 139% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $2,079,992 | $2,799,510 | $1,867,668 | $2,904,599 | $1,981,329 |
| Receivables, inventories, prepaids | $1,056,834 | $3,755,511 | $1,347,747 | $1,452,220 | $679,832 |
| Short-term investments | $581,293 | $9,986 | $450,049 | $66,167 | $28,136 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,718,119 | $6,565,007 | $3,665,464 | $4,422,986 | $2,689,297 |
| Long-term investments | $0 | $0 | $0 | $6,234 | $6,256 |
| Fixed assets | $0 | $6,020,246 | $46,494,236 | $18,271,182 | $46,288,689 |
| Other long-term assets | $0 | $0 | $1,866,667 | $25,990,423 | $22,762,607 |
| Total long-term assets | $0 | $6,020,246 | $48,360,903 | $44,267,839 | $69,057,552 |
| Total assets | $3,718,119 | $12,585,253 | $52,026,367 | $48,690,825 | $71,746,849 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $5,013,087 | $7,728,057 | $8,872,659 | $5,806,823 | $4,944,283 |
| Other current liabilities | $70,137 | $10,200 | $0 | $1,950,282 | $2,043,667 |
| Total current liabilities | $5,083,224 | $7,738,257 | $8,872,659 | $7,757,105 | $6,987,950 |
| Debt | $31,193,998 | $26,964,996 | $15,576,978 | $3,510,701 | $3,754,641 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $31,193,998 | $26,964,996 | $15,576,978 | $3,510,701 | $3,754,641 |
| Total liabilities | $36,277,222 | $34,703,253 | $24,449,637 | $11,267,806 | $10,742,591 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | ($46,532,904) | ($30,197,374) | $24,888,885 | $33,607,552 | $60,181,587 |
| With donor restrictions | $13,973,801 | $8,079,374 | $2,687,845 | $3,815,467 | $822,671 |
| Net assets | ($32,559,103) | ($22,118,000) | $27,576,730 | $37,423,019 | $61,004,258 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $48,643,771 | $51,294,758 | $49,378,874 | $48,746,239 | $42,829,306 |
| Program service revenue | $193,371 | $185,110 | $175,487 | $7,878,269 | $7,832,475 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $315,338 | $9,965 | $32,876 | ($3,404) | ($6,222) |
| Other revenue | $214,373 | $142,246 | $184,333 | $1,321,314 | $1,824,916 |
| Total other revenue | $723,082 | $337,321 | $392,696 | $9,196,179 | $9,651,169 |
| Total revenue | $49,366,853 | $51,632,079 | $49,771,570 | $57,942,418 | $52,480,475 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $48,450,897 | $38,476,461 | $35,960,072 | $39,554,542 | $37,117,080 |
| Management and general | $7,867,093 | $3,602,736 | $3,575,724 | $4,829,073 | $3,357,782 |
| Fundraising | $2,690,685 | $2,570,178 | $1,964,644 | $3,563,228 | $3,402,026 |
| Total expenses | $59,008,675 | $44,649,375 | $41,500,440 | $47,946,843 | $43,876,888 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | ($9,641,822) | $6,982,704 | $8,271,130 | $9,995,575 | $8,603,587 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($9,641,822) | $6,982,704 | $8,271,130 | $9,995,575 | $8,603,587 |
Compensation
| Name | Title | Compensation |
| Andrew Wommack | President/Founder | $308,475 |
| Paul Milligan | CEO (thru Nov 2019); Director | $288,462 |
| Jamie Wommack | Secretary & Treasurer | $148,340 |
| Sharon Rich | Exec Treasury Dir | $117,165 |
| Stephen Bransford | Dir of Media Productions | $106,043 |
| Billy Epperhart | CEO | $99,731 |
Compensation data as of: 9/30/2020
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 3/28/2024. To update the information below, please email: [email protected]
History
It all began March 23, 1968.
Andrew was born again at just eight years old. Although he avoided the rebellious phase often associated with adolescence, he believed that through his own righteousness, he could develop a relationship with the Lord. But then, on March 23, 1968, everything changed. Andrew realized that he had fallen into the bondage of legalism and self-righteousness, much like the Pharisees whom Jesus rebuked. Expecting the wrath of God to fall on him, Andrew was surprised to feel God's presence flood him with love instead. "God's love consumed me," he says. "When I was at my worst, God's love was the strongest." This encounter forever changed the way he saw God and put Andrew on a path to change the way others saw Him. However, shortly after, he was drafted into the Army and shipped to Vietnam. Despite how difficult and dangerous things were on the front lines, God used that time to ground Andrew in His Word, and he returned to America stronger in his walk than ever.
Andrew submitted to the call of God to be a teacher of the Word. He and Jamie were married in 1972, and together they began teaching Bible studies. Over the next six years, they would pastor three small churches and complete their family with two sons, Joshua and Jonathan Peter.
In 1976, Andrew broadcast his first Gospel Truth radio program on a little country-and-western station in Childress, Texas. By 1980, Andrew and Jamie had moved their ministry to the Colorado Springs area. Their vision had become even clearer: to teach the truth of the Gospel to the body of Christ throughout the United States and the world, with special emphasis on God's unconditional love and the balance between grace and faith. They were fulfilling that vision by traveling to speaking engagements, producing radio broadcasts, and distributing audio cassette tapes, which were provided at no cost to those who could not afford them. But God had much more in store for their ministry.
In the early nineties, the Lord spoke to Andrew about starting a Bible college. He had put on his heart 2 Timothy 2:2, where Paul told Timothy to take the things he had learned and commit them to faithful men and women. Andrew believed that academics alone couldn't get the job done, and he was divinely shown that practical "on-the-job" training combined with Bible instruction would prepare his students for whatever God was calling them to do. After assembling a faculty of seasoned ministers and associates, Charis Bible College opened its doors in September 1994. Through Charis graduates, the ministry started seeing multiplied many times over the impact Andrew had been making on his own.
Before the turn of the century, Andrew was still teaching on radio, but God led him to launch into television, telling him, "You're just now starting your ministry." Andrew would come to fully understand what the Lord meant, years later, as his television ministry has a potential reach of 3.2 billion people around the world today, far surpassing any goal he'd had up until that point.
After going on television, the ministry saw an exponential increase in response. It became very apparent that Andrew needed a new building to accommodate a growing student body as well as an adequate call center and television studio. Then the Lord spoke to Andrew from Psalm 78:41 on January 31, 2002, that he had limited Him by his small thinking. Andrew repented of this and started enlarging his vision. In December of that same year, the ministry purchased a 110,000-square-foot facility that would support AWM and Charis for years.
As the ministry continued to grow, so did the need for a new home for AWM and, particularly, Charis. In 2009, the supply came in the form of a 157-acre pristine piece of property in Woodland Park, Colorado. This time, Andrew would get to design and build the needed facilities on the ministry's own land! After purchasing the property, which is called The Sanctuary today, construction began on the facility for Charis. The faculty, staff, and students moved into that facility, The Barn, in January 2014.
Charis shared use of The Barn with AWM for a variety of functions and events, but with the two branches of the ministry being headquartered in two different cities, there were collaborative challenges. In 2017, AWM's Woodland Park home came to the ministry as a 60,000-square-foot building on the property adjacent to The Sanctuary. Once acquired, renovations began on it immediately.
While the ministry continued to develop strong roots in Woodland Park, it did not cease to reach out and bear much fruit. Today it is easier than ever to engage with AWM and Charis through multiple websites, television networks, events, and social media platforms.
In September of 2018, during Andrew's fiftieth year in ministry, The Auditorium-the second facility built on The Sanctuary property-opened its doors. The Auditorium houses Charis's administration and hosts many of AWM's and Charis's Colorado events. One month later, AWM moved into its newly renovated facility in order to be headquartered in Woodland Park with Charis, maximizing the effectiveness of both.
Today the ministry is progressing like never before, continuing to fulfill the vision God gave Andrew of going as far and as deep with the Gospel as possible.