Word of Life Fellowship

Summary

Word of Life is a non-denominational Christian organization that creates faith-defining experiences that give students and families the opportunity to encounter God and grow in their spiritual walks.


Contact information

Mailing address:
Word of Life Fellowship
PO Box 600
Schroon Lake, NY 12870

Website: wol.org

Phone: 518-494-6000

Email: info@wol.org


Organization details

EIN: 135648615

CEO/President: Mr. Donald H. Lough Jr.

Chairman: Donald Lough

Board size: 22

Founder: Jack Wyrtzen

Year founded: 1945

Tax deductible: Yes

Fiscal year end: 12/30

Member of ECFA: Yes

Member of ECFA since: 2012


Purpose

These distinctions are what separate us: a strategic focus on evangelism, a burden for the youth of the world, relational discipleship, strong biblical teaching, the power of daily time in the Bible, exciting programs and activities, the important of scripture memory, a progressive approach to ministry, and offering great value at every event.


Mission statement

The purpose of Word of Life Fellowship, Inc. worldwide is the evangelization and discipleship of youth through various means consistent with the Holy Scriptures to help build and strengthen the Church of Jesus Christ.


Statement of faith

We believe that the Scriptures of the Old and New Testament are verbally inspired of God, and they are without error in the original writings, and they are the supreme and final authority for faith and life. We believe in one God, Creator and Sustainer of the universe, Who is eternally existent in three persons - Father, Son, and Holy Spirit. We believe in the Deity of Jesus Christ, His virgin birth, sinless life, His death to pay the penalty for everyone's sins, His bodily resurrection, His exaltation at God's right hand, and His personal, imminent, pretribulational and premillennial return. We believe that all have sinned and are therefore guilty before God and are under His condemnation. We believe that all who by faith receive Jesus Christ are born again of the Holy Spirit, therefore children of God and eternally saved, and that the Holy Spirit dwells within every believer to enlighten, guide, and enable the believer in life, testimony, and service. We believe that God answers the prayers of His people and meets their needs according to His purpose. We believe that God gives spiritual gifts to all believers for the building up of the body of Christ. However, the miraculous sign-gifts of the Spirit, such as tongues and healings, were limited to the early church. We believe in the bodily resurrection of the just and unjust, the everlasting blessedness of the saved in Glory and the everlasting conscious punishment of the lost in hell. We believe that all believers are called to a life of separation from all worldly and sinful practices and alliances. We believe that from the beginning with Adam and Eve, God ordained marriage as only between one man and one woman. All sexual activity outside of this biblical definition of marriage, including homosexual practices, is in direct contradiction to God's Word and His intention for the institution of the home.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism

CategoryRatingOverall rankSector rank
Overall efficiency rating178 of 58618 of 39
Fund acquisition rating170 of 58617 of 39
Resource allocation rating90 of 5869 of 39
Asset utilization rating431 of 58632 of 39

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%5%8%7%6%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%3%5%4%4%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
94%72%63%62%65%63%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%4%5%5%4%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
6%28%37%38%35%37%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%92%91%91%91%94%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%76%96%90%86%86%
Program output ratio Program output ratio =
Program services /
Total revenue
80%70%87%82%78%81%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%24%4%10%14%14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%24%5%11%18%19%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%4%4%5%5%3%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.070.700.900.840.870.98
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.692.894.954.182.402.72
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.182.024.463.532.092.65
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.796.542.902.904.183.01
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.150.340.340.240.33
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.715.021.772.224.373.02
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%10%9%11%17%20%
Debt ratio Debt ratio =
Debt /
Total assets
0%3%0%1%4%4%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
75%129%101%105%96%82%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$4,737,135$4,627,699$6,438,291$6,501,552$4,885,099
Receivables, inventories, prepaids$15,835,217$2,145,700$2,010,009$9,357,136$4,388,396
Short-term investments$3,384,171$3,787,275$3,747,290$4,315,642$6,082,376
Other current assets$0$0$0$0$0
Total current assets$23,956,523$10,560,674$12,195,590$20,174,330$15,355,871
Long-term investments$0$0$0$0$0
Fixed assets$45,067,288$41,625,807$38,700,623$28,135,249$25,934,893
Other long-term assets$96,250$110,000$123,750$137,500$407,403
Total long-term assets$45,163,538$41,735,807$38,824,373$28,272,749$26,342,296
Total assets$69,120,061$52,296,481$51,019,963$48,447,079$41,698,167
 
Liabilities20182017201620152014
Payables and accrued expenses$1,989,078$1,669,929$2,265,802$1,718,670$2,250,779
Other current liabilities$1,675,205$1,966,743$1,940,794$3,103,269$2,844,188
Total current liabilities$3,664,283$3,636,672$4,206,596$4,821,939$5,094,967
Debt$2,000,000$0$405,079$1,716,610$1,592,874
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$955,868$1,034,543$1,126,145$1,483,329$1,762,480
Total long-term liabilities$2,955,868$1,034,543$1,531,224$3,199,939$3,355,354
Total liabilities$6,620,151$4,671,215$5,737,820$8,021,878$8,450,321
 
Net assets20182017201620152014
Unrestricted$38,183,215$37,887,722$34,493,874$22,667,939$19,692,307
Temporarily restricted$22,471,270$7,892,539$8,943,684$15,913,097$11,711,794
Permanently restricted$1,845,425$1,845,005$1,844,585$1,844,165$1,843,745
Net assets$62,499,910$47,625,266$45,282,143$40,425,201$33,247,846
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$45,848,593$31,218,507$29,720,783$32,250,230$29,461,999
Program service revenue$17,374,203$17,364,135$17,472,440$16,583,457$16,984,396
Membership dues$0$0$0$0$0
Investment income$99,122$138,752$88,754$98,869$170,865
Other revenue$299,656$509,017$583,958$355,087$517,270
Total other revenue$17,772,981$18,011,904$18,145,152$17,037,413$17,672,531
Total revenue$63,621,574$49,230,411$47,865,935$49,287,643$47,134,530
 
Expenses20182017201620152014
Program services$44,530,213$42,772,245$39,018,474$38,449,617$38,093,453
Management and general$1,806,537$1,833,495$2,027,809$1,926,118$1,158,618
Fundraising$2,152,598$2,458,797$2,048,246$1,822,653$1,464,750
Total expenses$48,489,348$47,064,537$43,094,529$42,198,388$40,716,821
 
Change in net assets20182017201620152014
Surplus (deficit)$15,132,226$2,165,874$4,771,406$7,089,255$6,417,709
Other changes in net assets$0$0$0$0$0
Total change in net assets$15,132,226$2,165,874$4,771,406$7,089,255$6,417,709

Response from ministry

No response has been provided by this ministry.


History

From the beginning, it was the vision of Word of Life's founders that we will do what it takes to reach this generation for Jesus Christ. One of those men, Jack Wyrtzen, fully believed that it was his personal responsibility to share the Gospel with the lost. As a result, Word of Life is still committed to teaching and training this generation to reach the world through camp ministry, Bible Institutes, and world wide missions opportunities. In 1946, Jack and Harry rented a rowboat for fifty cents and rowed over to what is now Word of Life Island for the very first time. They claimed to be "just looking." Though the property itself was in shambles, the pair had a vision for that island that far exceeded anyone's expectation. Jack offered $25,000 (a fifth of the asking price) to the owner, eighty-three-year-old Miss Clark, and she accepted. Since that day, hundreds of thousands of teens have attended camp on Word of Life Island. In 1970, the first American Bible Institute was opened, following the pattern of the original campus in Sao Paulo, Brazil. The Bible Institutes are known for their structured discipleship, world class Bible teachers, and effective ministry among young students. Today, Word of Life has Bible Institutes in 14 countries around the world, each year training thousands of young people to use the Word of God for the Glory of God. God has certainly blessed Word of Life, and the Bible Institute has become a launching ground for students to take the Gospel all around the world.


Program accomplishments


Needs