World Gospel Mission

Summary

An interdenominational missions organization, World Gospel Mission disciples believers to become missions-active Christians. WGM partners with individuals, small groups, college groups, and churches to intentionally address the physical and spiritual needs of individuals and communities.

With over 250 missionaries and support staff serving on five continents, WGM works in a variety of ministry areas in order to spread the gospel to a lost and hurting world. While the focus is often on enabling national Christians to form self-propagating, self-supporting, and self-governing churches, WGM missionaries also serve in evangelism, discipleship, education, medical care, community health and development, agriculture, children's and youth ministries, communications, literature, and more. 

World Gospel Mission is a faith-based nonprofit organization, and contributions are fully tax deductible to the extent allowed by law. WGM is a member of the Evangelical Council for Financial Accountability (ECFA) and The Mission Exchange.


Contact information

Mailing address:
PO Box 948
3783 E State Road 18
Marion, IN 46952-0948

Website: www.wgm.org

Phone: (765) 664-7331

Email: wgm@wgm.org


Organization details

EIN: 350911947

CEO/President: Mr Hubert P. Harriman

Chairman: Mr. David Engbrecht

Board size: 19

Founder: Christian Holiness Partnership

Year founded: 1910

Tax deductible: Yes

Fiscal year end: 03/31

Member of ECFA: Yes

Member of ECFA since: 1980


Purpose

Serving God in holiness and righteousness, World Gospel Mission connects in ministry with churches worldwide to make disciples of Jesus Christ among all nations.


Mission statement

World Gospel Mission will minister through preaching, teaching and healing ministries.  World Gospel Mission will assist in forming culturally relevant congregations comprised of maturing disciples of Jesus Christ who will evangelize and reproduce themselves within their own cultures and across cultural boundaries (2Timothy 2:2) and call believers to the deeper work of God in the human heart of being cleansed from all sin and filled with the Holy Spirit by faith (1Thessalonians 4:3).


Statement of faith

We believe...

  • in the absolute authority of the Bible
  • In one God, eternally existent in three persons, the Father, the Son, and the Holy Spirit
  • in the full humanity and the full divinity of Jesus Christ.
  • that faith in the Lord Jesus Christ is essential for the salvation of the human soul.
  • in the present and personal ministry of the Holy Spirit, purifying and enabling Christians to live holy lives.
  • all people have sinned.
  • God created man in His own image to reflect His glory.
  • that the Church is the body of Christ made up of all who trust in and obey Him.
  • that the Church's purpose is to worship God, reach those without Christ, and nurture believers.
  • in the resurrection of Jesus Christ and in the resurrection of all who believe in Him to life eternal.
  • in Jesus Christ's personal return in power and glory.

Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating344 of 43068 of 78
Fund acquisition rating240 of 43046 of 78
Resource allocation rating292 of 43055 of 78
Asset utilization rating358 of 43070 of 78

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%8%6%7%5%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%7%5%7%4%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%81%78%95%84%80%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%7%5%6%4%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%19%22%5%16%20%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%78%84%82%85%85%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%89%88%108%102%89%
Program output ratio Program output ratio =
Program services /
Total revenue
81%69%74%89%87%76%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%11%12%-8%-2%11%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%6%8%-5%-1%6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%15%11%12%10%10%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.320.490.510.530.540.47
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.532.422.582.632.722.75
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.531.181.321.391.471.30
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.108.367.844.544.103.88
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.120.130.220.240.26
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.068.947.946.716.166.86
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%8%9%10%11%11%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
64%188%178%169%165%188%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$1,688,147$1,153,192$2,085,515$1,804,640$2,057,213
Receivables, inventories, prepaids$515,039$445,159$370,102$374,053$447,917
Short-term investments$15,917,514$14,427,385$12,223,254$12,732,057$12,622,153
Other current assets$42,899$43,693$48,975$59,343$0
Total current assets$18,163,599$16,069,429$14,727,846$14,970,093$15,127,283
Long-term investments$15,352,241$14,921,338$13,459,834$14,880,428$15,630,884
Fixed assets$8,464,264$8,383,229$8,435,646$8,653,176$8,913,520
Other long-term assets$2,040,880$2,086,590$2,114,804$2,269,047$1,933,318
Total long-term assets$25,857,385$25,391,157$24,010,284$25,802,651$26,477,722
Total assets$44,020,984$41,460,586$38,738,130$40,772,744$41,605,005
 
Liabilities20182017201620152014
Payables and accrued expenses$484,715$367,864$468,124$584,976$736,821
Other current liabilities$1,687,116$1,683,044$2,779,293$3,070,619$3,163,308
Total current liabilities$2,171,831$2,050,908$3,247,417$3,655,595$3,900,129
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,560,740$1,705,230$682,136$724,792$787,463
Total long-term liabilities$1,560,740$1,705,230$682,136$724,792$787,463
Total liabilities$3,732,571$3,756,138$3,929,553$4,380,387$4,687,592
 
Net assets20182017201620152014
Unrestricted$10,209,461$8,932,652$7,883,751$8,960,716$8,895,032
Temporarily restricted$21,594,944$20,298,288$18,457,318$18,980,633$19,592,373
Permanently restricted$8,484,008$8,473,508$8,467,508$8,451,008$8,430,008
Net assets$40,288,413$37,704,448$34,808,577$36,392,357$36,917,413
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$19,466,686$18,849,036$18,048,657$18,013,047$17,657,772
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$2,344,812$3,101,931($970,988)$1,208,347$1,872,608
Other revenue$2,234,060$2,137,144$1,874,700$2,291,106$2,406,748
Total other revenue$4,578,872$5,239,075$903,712$3,499,453$4,279,356
Total revenue$24,045,558$24,088,111$18,952,369$21,512,500$21,937,128
 
Expenses20182017201620152014
Program services$16,707,246$17,778,162$16,851,373$18,798,127$16,634,990
Management and general$3,185,164$2,297,076$2,381,032$2,280,449$2,053,680
Fundraising$1,569,183$1,117,002$1,303,744$958,980$940,988
Total expenses$21,461,593$21,192,240$20,536,149$22,037,556$19,629,658
 
Change in net assets20182017201620152014
Surplus (deficit)$2,583,965$2,895,871($1,583,780)($525,056)$2,307,470
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,583,965$2,895,871($1,583,780)($525,056)$2,307,470

Response from ministry

No response has been provided by this ministry.


History

World Gospel Mission was founded in 1910 when the Christian Holiness Association established the Missionary Department for the Promotion of Holiness and sent out their first missionaries, Reverend and Mrs. Cecil Troxel, Reverend and Mrs. Woodford Taylor, and two national Chinese workers, to serve in China.

World Gospel Mission has over 200 missionaries and support staff serving on five continents and in over 20 areas of service. Fields of service include Arizona/New Mexico (Native American outreach), Stockton, California, Argentina, Bolivia, El Salvador, Haiti, Honduras, Hungary, Japan, Kenya, Mexico, Muslim Ministries, Nigeria, Papua New Guinea, Peru, South Sudan, Taiwan, Uganda, Ukraine, and Zambia.


Program accomplishments

Internationalization
WGM plans to significantly increase the number of international missionary staff, headquarters personnel, Board of Directors members, and field leaders by 2015. This is key to maintaining sustainable ministries and multiplying efforts to share the gospel. WGM looks forward to the joys and challenges of working as an internationally led organization.

Compassionate Ministries
Ministries that reach out to the whole person--physically and spiritually--have long been a feature of WGM's work. Now, WGM seeks to integrate the concept of whole-person transformation into the heart and soul of all fields using a program called Community Health Evangelism (CHE). Working with the local church and local community leaders, WGM will help to facilitate community outreach. WGM is in the process of training all missionaries in CHE principles and appointing regional coordinators for Compassionate Ministries for each of our five regions.

Champion Migration Strategy
As a faith-based organization, WGM relies on faithful supporters, or champions, who understand and are passionate about the cause of worldwide missions. In relating to supporters, WGM adopted a strategy of transformational discipleship called Champion Migration Strategy (CMS). By engaging with a supporter on a deeper level that goes far beyond a financial transaction, both the supporter and WGM are enriched by the relationship. The Champion Migration Strategy continues to impact how we recruit, communicate, and train.


Needs

Where is your mission field? Whether the Lord is calling you to go short-term or long-term, there's no better place to be than in the center of His will. You could be just the person God is mobilizing to carry the love of Christ to another culture. Visit www.wgm.org/serve to view a list of current ministry opportunities.