Wycliffe Bible Translation Foundation

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/15/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

At the Wycliffe Foundation we help people invest in Bible translation through charitable gift and estate planning.


Contact information

Mailing address:
Wycliffe Bible Translation Foundation
PO Box 620846
Orlando, FL 32862

Website: wycliffefoundation.org

Phone: 877-493-3600

Email: info@wycliffefoundation.org


Organization details

EIN: 330549221

CEO/President: Charles DeVries

Chairman: Vicky Mixson and Chris Winkler

Board size: 10

Founder:

Year founded: 2003

Tax deductible: Yes

Fiscal year end:

Member of ECFA: Yes

Member of ECFA since: 1980


Purpose

Millions worldwide have never heard or read Scripture in their own language. Wycliffe Foundation is helping meet that need by enabling people to support the work of Bible translation, linguistics training, literacy efforts and more through charitable gift planning.


Mission statement

The mission of Wycliffe Foundation is to provide professional, donor-centered gift-planning services, helping people use their God-given assets to impact his kingdom through Bible translation.


Statement of faith

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Bible Translation Organizations

CategoryRatingOverall rankSector rank
Overall efficiency rating382 of 8178 of 15
Fund acquisition rating294 of 8177 of 15
Resource allocation rating82 of 8172 of 15
Asset utilization rating807 of 81715 of 15

Financial ratios

Funding ratiosSector median202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%8%8%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%8%8%6%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%99%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%8%8%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%1%1%1%
 
Operating ratiosSector median202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%90%90%93%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%100%100%101%
Program output ratio Program output ratio =
Program services /
Total revenue
77%89%90%94%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%0%0%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%2%-3%-8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
8%2%2%2%
 
Investing ratiosSector median202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.860.270.290.37
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.5418.3118.2217.61
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.354.985.266.46
 
Liquidity ratiosSector median202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.7025.3019.0122.24
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.040.050.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.892.322.161.77
 
Solvency ratiosSector median202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%95%95%95%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
105%19%18%15%

Financials

Balance sheet
 
Assets202020192018
Cash$153,512$155,627$122,602
Receivables, inventories, prepaids$23,230$3,957$3,649
Short-term investments$1,629,840$1,633,943$1,700,905
Other current assets$0$0$0
Total current assets$1,806,582$1,793,527$1,827,156
Long-term investments$0$0$0
Fixed assets$0$0$0
Other long-term assets$31,263,052$30,885,850$30,354,410
Total long-term assets$31,263,052$30,885,850$30,354,410
Total assets$33,069,634$32,679,377$32,181,566
 
Liabilities202020192018
Payables and accrued expenses$71,416$94,345$82,139
Other current liabilities$0$0$0
Total current liabilities$71,416$94,345$82,139
Debt$0$0$0
Due to (from) affiliates$0$0$0
Other long-term liabilities$31,263,052$30,885,850$30,354,410
Total long-term liabilities$31,263,052$30,885,850$30,354,410
Total liabilities$31,334,468$30,980,195$30,436,549
 
Net assets202020192018
Unrestricted$105,326$65,239$44,112
Temporarily restricted$1,629,840$1,633,943$1,700,905
Permanently restricted$0$0$0
Net assets$1,735,166$1,699,182$1,745,017
 
Revenues and expenses
 
Revenue202020192018
Total contributions$8,917,212$9,296,194$11,493,218
Program service revenue$0$0$0
Membership dues$0$0$0
Investment income$99,051$55,641$132,554
Other revenue$7,782$40,184$41,048
Total other revenue$106,833$95,825$173,602
Total revenue$9,024,045$9,392,019$11,666,820
 
Expenses202020192018
Program services$8,057,891$8,495,012$10,929,186
Management and general$206,361$209,580$183,200
Fundraising$723,809$733,262$690,823
Total expenses$8,988,061$9,437,854$11,803,209
 
Change in net assets202020192018
Surplus (deficit)$35,984($45,835)($136,389)
Other changes in net assets$0$0$0
Total change in net assets$35,984($45,835)($136,389)

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 3/15/2021. To update the information below, please email: info@ministrywatch.com


History


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