Pioneer Bible Translators

Summary

Pioneer Bible Translators' desire is to work with Jesus Christ in discipling the nations. They believe that enabling people to hear and read God's Word in their own language is an essential part of discipleship. To this end they work to translate the Bible into languages into which it has not yet been translated.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
7500 West Camp Wisdom Rd.
Dallas, TX 75236-5236

Website: www.pioneerbible.org

Phone: (214) 699-4300

Email: pbt@pbti.org


Organization details

EIN: 237433923

CEO/President: Mr. Gregory Pruett

Chairman: Mr. David Butts

Board size: 13

Founder: Mr. Al Hamilton

Year founded: 1976

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1989


Purpose

Pioneer Bible Translators bridges the gap between the church and the Bible-less peoples around the world. Our team is composed of Bible translators, literacy evangelists, church planters and a variety of support personnel transforming lives through God's Word in every language. We are serving 26 million people in 62 language projects in 14 countries. God is calling us to expand. With His help we will strive to start 37 new projects by the end of 2018.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Mission statement

Pioneer Bible Translators' Mission Statement is:

Pioneer Bible Translators exists to disciple the Bible-less, mobilizing God's people to provide enduring access to God's Word.


Statement of faith

Pioneer Bible Translators' Statement of Faith is:

Pioneer Bible Translators accepts Jesus Christ as Savior and Lord. He is the only begotten Son of God who died on the cross for the salvation of all mankind. God raised Him from the dead and this is our assurance of salvation.

All that Pioneer Bible Translators does is done under the sovereign Lordship of Christ and with the intention of making Him Savior and Lord over all the world.

God has offered to every person everywhere the forgiveness of sins, the Spirit of God, and the inheritance yet to come on the basis of what Christ has done to save us.

In order to receive this gift of grace, God summons everyone to faith in Christ, repentance from sin, confession of Jesus as Lord, and on that basis, immersion into Christ.

We accept the Bible as being the Word of God. We regard the Bible as our authority in matters of religion and as the basis of all our faith and practice. True knowledge of the Lord Jesus Christ comes to us through the Word of God.

Pioneer Bible Translators recognizes that Jesus Christ created the Church, and that it is made up of all those who have obeyed the Gospel and belong to Jesus Christ, the Head of the Church.

The nature of the Church as a people of God is determined by the Holy Spirit, whose presence within it gives the Church it's life and power.

The mission of the Church is to bring the message of salvation through Christ to all mankind, and summon them to obedience to Him as Savior and Lord.

Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating332 of 43066 of 78
Fund acquisition rating264 of 43050 of 78
Resource allocation rating319 of 43063 of 78
Asset utilization rating286 of 43053 of 78

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%8%5%8%6%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%8%5%8%6%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%98%98%98%98%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%9%6%9%7%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%2%2%2%2%3%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%76%79%76%76%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%94%87%90%86%92%
Program output ratio Program output ratio =
Program services /
Total revenue
81%72%69%68%65%70%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%6%13%10%14%8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%7%15%12%18%10%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%15%15%15%16%16%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.320.970.931.041.021.17
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.531.811.401.361.451.58
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.531.751.301.411.481.85
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.0912.0014.2416.5313.2510.34
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.080.070.060.080.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.076.308.557.997.485.85
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%5%5%4%5%6%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%99%102%92%93%80%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$5,575,166$7,087,764$5,974,331$4,972,928$3,942,546
Receivables, inventories, prepaids$134,399$119,668$45,469$162,036$131,990
Short-term investments$1,258,241$1,274,588$1,298,975$898,927$499,359
Other current assets$124,826$119,799$124,492$125,283$98,119
Total current assets$7,092,632$8,601,819$7,443,267$6,159,174$4,672,014
Long-term investments$0$0$0$0$0
Fixed assets$5,738,071$3,424,073$2,689,602$2,778,893$2,729,262
Other long-term assets$0$0$0$0$0
Total long-term assets$5,738,071$3,424,073$2,689,602$2,778,893$2,729,262
Total assets$12,830,703$12,025,892$10,132,869$8,938,067$7,401,276
 
Liabilities20172016201520142013
Payables and accrued expenses$498,782$388,826$204,107$207,912$234,186
Other current liabilities$92,401$215,284$246,285$256,833$217,619
Total current liabilities$591,183$604,110$450,392$464,745$451,805
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$591,183$604,110$450,392$464,745$451,805
 
Net assets20172016201520142013
Unrestricted$6,425,837$5,310,778$3,583,104$3,992,528$3,467,644
Temporarily restricted$5,813,683$6,111,004$6,099,373$4,480,794$3,481,827
Permanently restricted$0$0$0$0$0
Net assets$12,239,520$11,421,782$9,682,477$8,473,322$6,949,471
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$13,001,880$12,733,337$11,475,395$10,442,946$9,061,472
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$20,286$13,181$16,393$11,290$10,655
Other revenue$189,036$215,651$220,166$201,337$299,557
Total other revenue$209,322$228,832$236,559$212,627$310,212
Total revenue$13,211,202$12,962,169$11,711,954$10,655,573$9,371,684
 
Expenses20172016201520142013
Program services$9,460,556$8,914,167$8,001,909$6,961,087$6,603,255
Management and general$1,858,460$1,633,675$1,598,790$1,506,045$1,378,251
Fundraising$1,074,448$675,022$902,100$664,590$670,857
Total expenses$12,393,464$11,222,864$10,502,799$9,131,722$8,652,363
 
Change in net assets20172016201520142013
Surplus (deficit)$817,738$1,739,305$1,209,155$1,523,851$719,321
Other changes in net assets$0$0$0$0$0
Total change in net assets$817,738$1,739,305$1,209,155$1,523,851$719,321

Response from ministry

No response has been provided by this ministry.


History

Pioneer Bible Translators was founded by Al Hamilton in 1976. He served as its first President. The first Pioneer Mission Institute was held on the Campus of Lincoln Christian College in 1976. In 1977 the first missionaries were sent out to Papua New Guinea. In 1980 PBT's sent its first missionary family to Zaire. In subsequent years missions have been opened in Guinea, West Africa, in Equatorial Guinea, Canada, Tanzania, and the Ukraine. PBT participation in the translation of the Bible into the local languages has serve to facilitate the spread of the Gospel in these areas.


Program accomplishments

Pioneer Bible Translators is now translating the Bible for 26 million people speaking 62 languages in 14 countries. Between July 2013 and June 2014, we have completed nine New Testaments and one full Bible and started translation in four new languages. In the coming months, we hope to complete several more New Testaments and a full Bible.

Details for July 2013-June 2014:

East Africa

  • 6 New Testaments are in typesetting to be printed this year
  • 4 New Testaments are in final stages of prepublication to be sent to the typesetter this year
North Africa
  • Helped partners produce revision of New Testament with Psalms, Genesis, and Exodus 1-20 in one language
  • First scripture portion (Mark) printed for one language
West Africa
  • Genesis - Job printed and distributed in one language, rest of Bible to be published soon
  • Genesis - 2 Samuel printed and distributed in one language
  • Dramatized Audio New Testament produced and distributed in one language
  • First scripture portions printed for 2 languages
Papua New Guinea
  • New Testament in Tay language printed and distributed, audio recording begun
  • 1 New Testament in final stages of prepublication
Mainland Southeast Asia
  • Started 1 new translation
Southeast Asia
  • 1 New Testament printed and distributed
  • Started 1 new translation
South Asia
  • Started 1 new translation
  • Produced the Jesus film in one language
East Asis
  • Started 1 new translation
Eurasia
  • 1 full Bible is in the final stages of checking

Needs

We are seeking new missionaries who will step up and meet the need for incarnational ministry among Bible-less peoples. Pioneer Bible Translators currently sends missionaries from Canada and the United States. Our International Service Center, located in Dallas, TX, is crucial in attaining our global ministry goals. From here, missionaries train and prepare for cross-cultural ministry.