World Impact, Inc.

The information on this page was last updated 2/11/2022. If you see errors or omissions, please email: [email protected]


Summary

According to The Center for the Study of Global Christianity, only 5% of the world's church leaders are trained for ministry. Everything at World Impact is focused on training and equipping church leaders - making resources affordable and accessible to as many as possible. We exist to serve people who minister in communities of poverty - affirming their call and vocation. They are the transforming agents in their community.

World Impact is perfectly positioned to train urban church leaders.

World Impact champions the ability of the urban poor to own and lead ministry. We believe in the power of community insiders.

World Impact is kingdom focused. By holding tight to the historical Christian Traditions rather than denominational differences, we attract a wide range of Kingdom-minded partners.

World Impact is trusted. Our decades of experience in urban America bring partners to the table - and donors trust us to get resources in the hands of those who need it.

World Impact is global because we are local. Given the increasingly global nature of our country, if we train leaders in major U.S. cities, many will take that training back to their home country, families and friends.

World Impact has leverage. Our staff is impacting even more leaders by being trainers of trainers.


Contact information

Mailing address:
World Impact, Inc.
2001 South Vermont Ave.
Los Angeles, CA 90007-1256

Website: www.worldimpact.org

Phone: (323) 735-1137

Email: [email protected]


Organization details

EIN: 952681237

CEO/President: Dr. Alvin Sanders

Chairman: Mr. Carl LaBarbera

Board size: 7

Founder: Dr. Keith Phillips

Ruling year: 1971

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1981


Purpose

Our dream is for a healthy church in every community of poverty. We believe that the best way to change our world is the hope of the Gospel in our cities. The best way to declare that hope is to partner with denominations, networks, and local church leaders. And the best way to partner with them is through relationships.


Mission statement

World Impact uses the following to communicate its mission:

World Impact empowers urban leaders and partners with local churches to reach their cities with the Gospel - extending the truth, love, grace and justice of God in the city.


Statement of faith

1. There is one living and true God, infinitely perfect in glory, wisdom, holiness, justice, power and love, one in His essence but eternally existing in three persons: God the Father, God the Son and God the Holy Spirit. God sovereignly created the world out of nothing, so that His creation, while wholly dependent upon Him, neither comprises part of God, nor conditions His essential perfection (Genesis 1:2; Matthew 28:19,20).

2. The books which form the canon of the Old and New Testaments are verbally inspired by God, inerrant in the original writings, the only infallible rule of faith and practice (II Timothy 3:16).

3. God created man in His own image, in a state of original righteousness, from which man subsequently fell by a voluntary revolt, and consequently is guilty, inherently corrupt and subject to divine wrath.

4. Jesus Christ, the eternal Son, became man without ceasing to be God by uniting to His divine nature a true human nature in His incarnation, and so continues to be both God and man, in two distinct natures and one person, forever. He was conceived by the Holy Spirit, born of the virgin Mary, exhibited His deity by manifold miracles, fulfilled the requirements of the Law by His sinless life, shed His blood as a vicarious and propitiatory atonement for man's sin, was resurrected from the dead in the same body, now glorified. He ascended into heaven and now intercedes in glory for His redeemed as our great high priest and advocate, and as the Head of the Church and Lord of the individual believer (Matthew 1:20,21; John 1:1-14; Romans 3:21-26; 5:6-11; I Peter 3:18; I John 2:1,2; Luke 24; Acts 1:9; Hebrews 8:1).

5. The Holy Spirit convicts the world of sin, righteousness and judgment, through the ministry of regeneration and sanctification applies salvation and places believers into the Church, guides and comforts God's children, indwells, directs, gifts and empowers the Church in godly living and service in order to fulfill the great commission, and seals and keeps the believer until Christ returns (John 16:1-33; I Corinthians 12:12; Ephesians 1:13,14).

6. Every person, regardless of race or rank, who receives the Lord Jesus Christ by faith is born into the family of God and receives eternal life. This occurs solely because of the grace of God and has no ground in human merit.

7. The Holy Church is the one institution specifically ordained of God to function in the furthering of the Kingdom until Christ comes again. It consists of all those regenerated by the Spirit of God, in mystical union and communion both with Christ, the head of the Body, and with fellow-believers. Neighborhood congregations are the local manifestation of the Church universal. In obedience to the command of Christ, these congregations preach the word of God, equip God's people for the work of ministry, and administer the Lord's Supper and Baptism.

8. The Lord Jesus Christ will return bodily, visibly and personally to receive His own, to conform believers to His own image and to establish His millennial kingdom. He will judge the living and the dead and will effect a final separation of the redeemed and the lost, assigning unbelievers to eternal punishment and believers to eternal glory, enjoying conscious fellowship with Him (I Thessalonians 4:13-18; I Corinthians 15:50-58; Revelation 20:4-6).

9. Man's chief end in life is to honor and glorify Almighty God. Personal salvation is a means to this end.

Donor confidence score

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Transparency grade

C

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Financial efficiency ratings

Sector: Leadership Training

CategoryRatingOverall rankSector rank
Overall efficiency rating907 of 103422 of 26
Fund acquisition rating745 of 103618 of 26
Resource allocation rating619 of 103617 of 26
Asset utilization rating939 of 103424 of 26

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%22%10%10%7%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
7%6%4%5%4%6%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
97%27%43%50%55%67%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
8%7%4%4%3%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
3%73%57%50%45%33%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%76%78%78%78%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%82%102%120%126%156%
Program output ratio Program output ratio =
Program services /
Total revenue
71%63%80%95%99%126%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%18%-2%-20%-26%-56%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
10%9%-1%-10%-11%-17%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%17%18%17%19%15%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.500.390.530.550.510.47
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.141.812.322.572.512.43
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.140.721.241.421.281.14
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.708.4618.8111.8117.4014.96
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.120.050.080.060.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.7914.799.207.738.819.82
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%7%2%3%2%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
44%237%183%175%191%208%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$507,997$890,652$522,044$459,965$1,078,540
Receivables, inventories, prepaids$6,606,975$1,153,272$1,093,676$1,416,196$1,477,201
Short-term investments$8,739,490$8,623,897$8,198,973$9,179,123$10,122,168
Other current assets$81,775$196,699$188,316$72,152$71,155
Total current assets$15,936,237$10,864,520$10,003,009$11,127,436$12,749,064
Long-term investments$0$0$0$0$0
Fixed assets$12,965,497$14,301,944$15,702,254$16,779,510$18,287,351
Other long-term assets$0$0$0$0$0
Total long-term assets$12,965,497$14,301,944$15,702,254$16,779,510$18,287,351
Total assets$28,901,734$25,166,464$25,705,263$27,906,946$31,036,415
 
Liabilities20202019201820172016
Payables and accrued expenses$1,793,794$483,148$754,933$544,023$758,983
Other current liabilities$90,105$94,537$91,960$95,369$93,132
Total current liabilities$1,883,899$577,685$846,893$639,392$852,115
Debt$0$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$0$0$0$0$0
Total liabilities$1,883,899$577,685$846,893$639,392$852,115
 
Net assets20202019201820172016
Without donor restrictions$22,507,150$18,347,332$18,886,591$20,927,397$24,150,724
With donor restrictions$4,510,685$6,241,447$5,971,779$6,340,157$6,033,576
Net assets$27,017,835$24,588,779$24,858,370$27,267,554$30,184,300
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$3,697,586$5,589,800$5,887,138$6,261,122$6,284,574
Program service revenue$2,261,230$2,771,414$2,893,559$2,779,159$2,612,522
Membership dues$0$0$0$0$0
Investment income$50,182$391,682$224,133$626,008$327,225
Other revenue$7,823,800$4,397,095$2,800,730$1,704,043$98,743
Total other revenue$10,135,212$7,560,191$5,918,422$5,109,210$3,038,490
Total revenue$13,832,798$13,149,991$11,805,560$11,370,332$9,323,064
 
Expenses20202019201820172016
Program services$8,686,331$10,465,940$11,157,200$11,207,469$11,765,528
Management and general$1,898,166$2,373,897$2,465,104$2,663,054$2,228,508
Fundraising$820,752$579,745$592,440$416,555$547,264
Total expenses$11,405,249$13,419,582$14,214,744$14,287,078$14,541,300
 
Change in net assets20202019201820172016
Surplus (deficit)$2,427,549($269,591)($2,409,184)($2,916,746)($5,218,236)
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,427,549($269,591)($2,409,184)($2,916,746)($5,218,236)

Compensation

Compensation data for this ministry has not been collected.


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 2/11/2022. To update the information below, please email: [email protected]


History

1970's When our founder (Dr. Keith Phillips) was a college student, God inspired him to start Bible clubs for poor kids within the inner-city of Los Angeles. His vision spreads, and a second city is launched in Wichita, KS. throughout the decade, thousands of volunteers work alongside paid staff and the ministry becomes national.

1980's The ministry expands from Bible kid clubs to wholistic discipleship of entire families. Their needs lead to starting Christian community development initiatives such as elementary schools, medical facilities, and campgrounds aimed at serving the common good of the neighborhood residents.

1990's Natural progression leads to expansion into church planting, as the vast majority of those we serve are unchurched. Dr. Don Davis launches The Urban Ministry Institute (TUMI) to bring seminary quality education to those who live in urban neighborhoods. We begin partnering with denominations and church networks to spark church planting and leadership development outside of our ministry.

2000's Dr. Phillips pivots, casting a vison of World impact missionaries being repurposed from leading ministry to resourcing grassroot community church leaders. Dr. Efrem Smith follows Dr. Phillips and advances this vision even further, leading us into a new age of expansion. We go from exclusively serving the U.S. into providing global ministry training, as those trained locally take their leaning home to their countries of origin.

In 2017, Dr. Alvin Sanders was named the president and CEO of World Impact. Our desire to see a healthy church in every community of poverty means training needs to be more accessible. World Impact University was launched in 2021 so anyone with the internet can receive training. Under the philosophy of Redemptive Poverty work, WIU offers training in five programs - Church Based Seminary, Church Plant Training, Trauma Healing, Prison Ministry and Leadership Retreats.


Program accomplishments

By 2023, we will have actively served 700 partners, empowering 50,000 workers in communities of poverty.


Needs

Your financial partnership is key to forwarding the transformation of communities that God has called us to.