Walk Thru the Bible Ministries
The information on this page was last updated 1/11/2024. If you see errors or omissions, please email: [email protected]
Summary
Since 1976, Walk Thru the Bible has helped people overcome obstacles to knowing and living God's Word. Our innovative live events and high-quality biblical resources inspire passion and advance biblical literacy in 130 countries around the world. By following the 2 Timothy 2:2 model of equipping teachers to teach others, we will reach and impact more than three million people through our live events and biblical resources this year.
Contact information
Mailing address:
Walk Thru the Bible Ministries
5550 Triangle Parkway
Ste 250
Peachtree Corners, GA 30092
Website: www.walkthru.org
Phone: 1-800-361-6131
Email: [email protected]
Organization details
EIN: 930669857
CEO/President: Philip Tuttle
Chairman: Dr. John Isch
Board size: 10
Founder: Dr. Bruce Wilkinson
Ruling year: 1977
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 1982
Purpose
We believe the Bible changes everything. We exist to help people to live out God's Word because we know when this happens that true, lasting life transformation occurs. Every year, millions of people will experience the Word through Walk Thru the Bible's live events and resources. That's millions of souls who will have the opportunity to engage with the Word and fall in love with its Author.
Mission statement
Helping people everywhere live God's Word.
Statement of faith
We believe that there is one God, eternally existing in three persons: the Father, the Son, and the Holy Spirit (Deuteronomy 6:4; 2 Corinthians 13:14).
We believe that the Bible is God's written revelation to man and it is verbally inspired, authoritative, and without error in the original manuscripts (2 Timothy 3:16; 2 Peter 1:21; John 10:35; Matthew 5:18).
We believe in the deity of Jesus Christ, His virgin birth, sinless life, miracles, death on the cross to provide for our redemption, resurrection, bodily ascension into Heaven, present ministry of intercession for us, and His return to earth in power and glory (John1:1,14; Luke 1:26-38; 2 Corinthians 5:21; John 6:19; Romans 3:24; Matthew 28:6; Hebrews 8:1;Hebrews 7:25; Acts 1:11; Luke 21:27).
We believe in the personality and deity of the Holy Spirit, that He performs the miracle of the new birth in an unbeliever and indwells believers, enabling them to live a Godly life (Acts 5:3,4; Titus 3:5; Romans 8:9; Ephesians 5:18; Ephesians 4:30).
We believe that man was created in the image of God, but because of sin was alienated from God. That alienation can be removed only by accepting through faith God's gift of salvation which was made possible by Christ's death (Genesis 1:26,27; Romans 3:23,5:8,8:1; John 3:16-19,5:24; Ephesians 2:8-10).
Donor confidence score
Show donor confidence score detailsTransparency grade
A
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Financial efficiency ratings
Sector: Christian Growth
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 616 of 1118 | 34 of 63 | |
Fund acquisition rating | 1014 of 1119 | 56 of 63 | |
Resource allocation rating | 619 of 1119 | 34 of 63 | |
Asset utilization rating | 127 of 1118 | 10 of 63 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 14% | 14% | 12% | 21% | 18% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 14% | 13% | 11% | 19% | 16% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 85% | 94% | 93% | 94% | 92% | 90% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 14% | 13% | 13% | 20% | 18% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 15% | 6% | 7% | 6% | 8% | 10% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 81% | 81% | 80% | 74% | 75% |
Spending ratio Spending ratio = Total expenses / Total revenue | 100% | 97% | 98% | 89% | 94% | 91% |
Program output ratio Program output ratio = Program services / Total revenue | 82% | 78% | 80% | 72% | 69% | 68% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 0% | 3% | 2% | 11% | 6% | 9% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | 8% | 7% | 34% | 26% | 56% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 13% | 5% | 6% | 7% | 6% | 8% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.05 | 2.58 | 2.79 | 1.78 | 3.41 | 4.37 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.50 | 1.22 | 1.34 | 1.44 | 1.07 | 1.14 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.62 | 3.15 | 3.73 | 2.55 | 3.64 | 5.00 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.30 | 13.72 | 9.25 | 4.83 | 5.19 | 3.98 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.07 | 0.11 | 0.21 | 0.19 | 0.25 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.32 | 3.53 | 2.87 | 3.72 | 2.66 | 1.80 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 15% | 13% | 25% | 38% | 19% | 24% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 78% | 34% | 27% | 35% | 24% | 17% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $834,583 | $817,841 | $731,574 | $677,684 | $466,083 |
Receivables, inventories, prepaids | $349,523 | $336,464 | $482,474 | $148,933 | $136,024 |
Short-term investments | $0 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $1,184,106 | $1,154,305 | $1,214,048 | $826,617 | $602,107 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $0 | $0 | $6,238 | $9,072 | $11,905 |
Other long-term assets | $261,784 | $390,755 | $523,635 | $44,956 | $74,897 |
Total long-term assets | $261,784 | $390,755 | $529,873 | $54,028 | $86,802 |
Total assets | $1,445,890 | $1,545,060 | $1,743,921 | $880,645 | $688,909 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $86,313 | $70,610 | $184,862 | $93,543 | $87,271 |
Other current liabilities | $0 | $54,186 | $66,634 | $65,836 | $64,168 |
Total current liabilities | $86,313 | $124,796 | $251,496 | $159,379 | $151,439 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $97,703 | $260,108 | $416,810 | $11,675 | $12,887 |
Total long-term liabilities | $97,703 | $260,108 | $416,810 | $11,675 | $12,887 |
Total liabilities | $184,016 | $384,904 | $668,306 | $171,054 | $164,326 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $818,732 | $795,547 | $589,062 | $519,340 | $251,745 |
With donor restrictions | $443,142 | $364,609 | $486,553 | $190,251 | $272,838 |
Net assets | $1,261,874 | $1,160,156 | $1,075,615 | $709,591 | $524,583 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $3,592,584 | $4,084,494 | $3,276,141 | $2,939,660 | $2,981,780 |
Program service revenue | $354,172 | $177,860 | $69,297 | $143,293 | $207,464 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $13,764 | $9,479 | $3,765 | $929 | $2,068 |
Other revenue | ($123,103) | $116,081 | $117,672 | $106,252 | $112,663 |
Total other revenue | $244,833 | $303,420 | $190,734 | $250,474 | $322,195 |
Total revenue | $3,837,417 | $4,387,914 | $3,466,875 | $3,190,134 | $3,303,975 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $3,011,507 | $3,504,314 | $2,489,138 | $2,214,949 | $2,252,009 |
Management and general | $203,873 | $237,414 | $220,321 | $183,373 | $225,924 |
Fundraising | $520,319 | $561,645 | $391,392 | $606,804 | $533,186 |
Total expenses | $3,735,699 | $4,303,373 | $3,100,851 | $3,005,126 | $3,011,119 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $101,718 | $84,541 | $366,024 | $185,008 | $292,856 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $101,718 | $84,541 | $366,024 | $185,008 | $292,856 |
Compensation
Name | Title | Compensation |
Philip Tuttle | President & CEO | $214,844 |
Michael Gunnin | Executive VP & Chief Growth Officer | $135,610 |
Genevieve Baxley | VP of Administration | $111,709 |
Compensation data as of: 6/30/2023
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 1/11/2024. To update the information below, please email: [email protected]
History
Everyone searches for purpose. Why did God make us? What's in His heart for us to do? Where do we fit into His plans? And no one discovers their own story until they learn about God's. But everyone has one.
A young seminary student named Bruce Wilkinson realized that few people knew the whole story of the Bible and that there weren't many ways to teach it effectively. So, as part of his master's thesis, he created the Walk Thru the Old Testament live event to teach the story of the Old Testament in only one day. As he taught in local churches and schools, he realized the program's impact-people got excited about their "aha" moments, when they suddenly saw the big picture of the Bible. By seeing God's story, they understood how they fit into it. They developed a lifelong passion for God's Word.
Bruce and his team soon realized the huge need for an organization that simply focused on God's Word-not just teaching the facts of Scripture, but helping people live it out. So, in 1976, Walk Thru the Bible was born.
The Old Testament event helped ignite a passion for God's Word, but helping people sustain that passion required more. We began to publish devotional magazines and the Daily Walk Bible that continue to help people spend time in God's Word daily. We developed topical resources on marriage, parenting, finances, leadership, effective teaching, and living out the Christian life.
Today, we publish three devotional magazines and a wide variety of small group courses and topical studies. Available in books, workbooks, small group studies, streaming Bibles studies, DVDs, and CDs, there is something for everyone. Live events and small group studies like A Biblical Portrait of Marriage, Solving the People Puzzle, Raise Up a Child, and The 7 Laws of the Learner have helped people around the world apply biblical principles to all areas of their lives in a realistic, relevant, life-changing way. Our Biblical Character Series-small group Bible studies on the lives of biblical characters like David, Joseph, Ruth, Mary the mother of Jesus, and more-show people how God worked in the lives of the people in His Word, and how He continues to work in our lives today.
Much of our story involves what we have done, but where we have done it is just as much a part of who we are. Originally, we worked throughout the Southeastern part of the United States. The impact expanded to include the whole of the United States, then the United Kingdom, then India, then Ukraine, then . . . well, it just kept going.
As Walk Thru the Bible grew, we began partnering with global leaders. Under the leadership of Chip Ingram, who succeeded Bruce, and Phil Tuttle, our current President, we've expanded to a network of 11 regional directors who are helping people live God's Word in 130 countries. From business leaders in Singapore to pastors in Ghana to high school students in Paraguay, our leaders are working each day to help people fall in love with God and His Word and find their place in His story.
Program accomplishments
WTB has accomplished the following four main items:
(1) Seminars: Produced and distributed Bible seminars internationally. WTB has held hundreds of seminars with over 100,000 in attendance. Some of the seminars include: Old Testament Seminar, New Testament Seminar, Train the Trainer Leadership Seminar, Biblical Portrait of Marriage, The 7 Laws of the Learner and Sharpening Your People Skills.
(2) Media Development: Developed Bible tools and other educational material to enhance all other program ministries. Some of the publications include: The Daily Walk, Family Walk, Closer Walk, Youth Walk, Life Walk, Quiet Walk, Tapestry, Stand Firm.
(3) Video Series: Educated people concerning biblical principles through the use of video training materials. Thousands of video kits were sold during the year. Some of the video training includes: Personal Holiness in Times of Temptation, The Testing of Your Faith, Master Your Money, The 7 Laws of the Teacher, A Biblical Portrait of Marriage, Teaching with Style.
(4) International Ministries: Providing seminars, video cirriculum, and devotional aids internationally to over 20 different countries.