Word for the World USA

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/16/2022. To update the information in this column, please email: info@ministrywatch.com


Summary

The Word For The World trains Bibleless people to translate the Bible into their own language. Become part of the vision to bring God's Word to all people in their heart language by 2050!


Contact information

Mailing address:
Word for the World USA
PO Box 26363
Colorado Springs, CO 80936

Website: twftwusa.org

Phone: 719-594-2052

Email: info@twftw.org


Organization details

EIN: 841426685

CEO/President: Peter Bradley

Chairman: Steve Prensner

Board size: 7

Founder: Dr. Veroni Krger

Ruling year: 1997

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2013


Purpose

Our Vision is the glory of God through transformed lives by the power of His Word in everyone's heart language. Our goal is to be instrumental in the completion of the first-time translation of the complete Bible in 500 languages by 2050 and to help other translation agencies in as many other Bible translation projects as we can.

Core Values
We Value:

The Word of God - God desires to speak to people through the entire Bible. Therefore, our goal for every language in which we work is to translate the entire Bible.

First-time Bible translations - We are passionate about giving priority to first-time Bible translations because that is where Bible translation is most needed.

Respect for all cultures - Each people group is a blessing from God and has the right to hear God speaking to them in their own language.

Interaction with our partners - We see ourselves as co-servants with other ministries, and with our intercessors, volunteers and financial supporters.

Excellence in serving the Lord - We dedicate our efforts to pleasing God above all. Our excellence is evidenced through the:- Integrity of our conduct- Innovation of our methods- Discipline of our stewardship- Combining of sound academic principles and practical skills in our empowering of nationals for Bible translation.


Mission statement

Our Mission is to empower indigenous persons and organizations for Bible translation.


Statement of faith

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Bible Translation Organizations

CategoryRatingOverall rankSector rank
Overall efficiency rating216 of 10223 of 16
Fund acquisition rating254 of 10244 of 16
Resource allocation rating400 of 10244 of 16
Asset utilization rating385 of 10226 of 16

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%5%6%8%7%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%5%6%8%7%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%100%100%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
8%5%6%8%8%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%0%0%0%0%0%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%88%87%84%86%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%89%98%96%93%96%
Program output ratio Program output ratio =
Program services /
Total revenue
75%78%85%81%80%83%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%11%2%4%7%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
13%45%13%15%24%19%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%7%7%8%7%6%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.931.261.311.213.154.13
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.001.001.001.011.02
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.451.261.311.223.184.22
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.721.601.321.510.000.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.630.760.660.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.623.562.253.343.782.84
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%65%75%66%0%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%2%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
80%28%19%28%32%24%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$3,129,459$2,470,716$1,548,826$446,699$334,108
Receivables, inventories, prepaids$0$0$0$0$0
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$3,129,459$2,470,716$1,548,826$446,699$334,108
Long-term investments$0$0$0$0$0
Fixed assets$0$0$897$1,794$4,537
Other long-term assets$2,474$2,474$2,474$2,474$2,474
Total long-term assets$2,474$2,474$3,371$4,268$7,011
Total assets$3,131,933$2,473,190$1,552,197$450,967$341,119
 
Liabilities20202019201820172016
Payables and accrued expenses$30,316$1,052$0$0$0
Other current liabilities$1,927,379$1,865,682$1,023,502$0$0
Total current liabilities$1,957,695$1,866,734$1,023,502$0$0
Debt$65,949$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$65,949$0$0$0$0
Total liabilities$2,023,644$1,866,734$1,023,502$0$0
 
Net assets20202019201820172016
Without donor restrictions$707,365$606,456$402,051$311,440$179,773
With donor restrictions$400,924$0$126,644$139,527$161,346
Net assets$1,108,289$606,456$528,695$450,967$341,119
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$4,433,439$3,304,551$1,962,473$1,528,596$1,474,747
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$13,063$1,598$0$0$678
Other revenue$0$0$0$0$0
Total other revenue$13,063$1,598$0$0$678
Total revenue$4,446,502$3,306,149$1,962,473$1,528,596$1,475,425
 
Expenses20202019201820172016
Program services$3,467,442$2,808,332$1,586,074$1,217,284$1,222,249
Management and general$272,228$234,523$150,509$92,452$87,625
Fundraising$204,999$185,533$148,162$109,012$99,929
Total expenses$3,944,669$3,228,388$1,884,745$1,418,748$1,409,803
 
Change in net assets20202019201820172016
Surplus (deficit)$501,833$77,761$77,728$109,848$65,622
Other changes in net assets$0$0$0$0$0
Total change in net assets$501,833$77,761$77,728$109,848$65,622

Compensation

NameTitleCompensation
Peter BradleyCEO$140,000
Dr Veroni KrugerInternational President$109,000
Stacy PraterDirector of Finance$31,990

Compensation data as of: 12/31/2020


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 2/16/2022. To update the information below, please email: info@ministrywatch.com


History


Program accomplishments

TWFTW has over 168 Bible translation projects in progress, with many more ready to begin. With God's leading and with partners like you, we are working alongside 10 leading Bible translation agencies to bring the Gospel to Bible-less community by 2050.


Needs