World Missionary Press, Inc.

Summary

World Missionary Press, Inc. ("WMP") is an inter- denominational faith ministry which strives to spread the Word of God by producing, mailing, and shipping topical Scripture booklets, Bible studies, and New Testaments for free distribution worldwide. WMP produces a 48-page topical Scripture booklet in over 300 languages (it also provides Bible studies and New Testaments in a variety of languages) which have been sent to more than 200 countries and islands. WMP was founded In 1961 by Watson and Rose Goodman. World Missionary Press operates with the support of 270 volunteer workers from 67 churches within a several state radius, who donate time and energy each month to work of the ministry. 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:
PO Box 120
New Paris, IN 46553-0120

Website: www.wmpress.org

Phone: (574) 831-2111

Email: mailroom@wmpress.org


Organization details

EIN: 351076405

CEO/President: Mr. Jay Benson

Chairman: Mr. Robert Moore, Sr.

Board size: 12

Founder: Watson and Rose Goodman

Year founded: 1961

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1982


Purpose

World Missionary Press, Inc. ("WMP") is an interdenominational faith ministry which strives to spread the Word of God by producing, mailing, and shipping topical Scripture booklets, Bible studies, New Testaments, and salvation coloring books for free distribution worldwide. WMP produces a 48-page topical Scripture booklet in over 300 languages (it also provides Bible studies and New Testaments in a variety of languages) which have been sent to more than 200 countries and islands. WMP was founded In 1961 by Watson and Rose Goodman. World Missionary Press operates with the support of 270 volunteer workers from 67 churches within a several state radius, who donate time and energy each month to the work of the ministry.

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

World Missionary Press, Inc. describes its mission as follows:

Our mission is to produce and ship millions of Scripture-by-subject booklets, Bible studies, New Testaments and other Scriptural literature which conveys the message of the gospel of Jesus Christ in the languages of the people for free distribution throughout the world as God provides the means.


During our 40 years of ministry, World Missionary Press has provided to eager volunteer distributors in 219 countries more than 1,000,000,000 Scripture booklets and Bible study booklets - now in more than 300 languages.

We firmly believe in the relevance and power of God's Word for the needs of mankind today. It is the world's best source of teaching, conviction, correction, and instruction in righteous living. It clearly points the way to forgiveness of sin and eternal life in heaven.


Statement of faith

World Missionary Press, Inc. subscribes to the following statement of faith:

We believe the Bible to be the inspired, the only infallible authoritative Word of God.

We believe that there is one God eternally existent in three persons: Father, Son, and Holy Spirit.

We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.

We believe that for the salvation of lost and sinful men, regeneration by the Holy Spirit is absolutely essential and that salvation comes through faith in Jesus Christ alone.

We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.

We believe in the resurrection of both the saved and the lost - those who are saved unto the resurrection of life and those who are lost unto the resurrection of damnation.

We believe in the spiritual unity of believers in our Lord Jesus Christ.

Financial efficiency ratings

Sector: Publishing

CategoryRatingOverall rankSector rank
Overall efficiency rating159 of 4302 of 10
Fund acquisition rating197 of 4303 of 10
Resource allocation rating198 of 4303 of 10
Asset utilization rating173 of 4303 of 10

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%6%6%7%6%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%6%6%7%6%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%98%98%98%98%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%6%7%6%5%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%2%2%2%2%2%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%83%84%83%85%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%102%95%104%104%77%
Program output ratio Program output ratio =
Program services /
Total revenue
81%85%79%86%88%66%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-2%5%-4%-4%23%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-4%10%-7%-7%45%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%11%10%11%10%10%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.321.651.601.681.581.37
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.534.003.563.283.031.72
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.536.595.685.494.792.36
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.094.084.264.004.958.25
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.250.230.250.200.12
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.071.371.621.642.004.47
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%9%10%11%10%10%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%55%57%53%57%65%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$484,771$611,217$555,866$621,508$1,427,625
Receivables, inventories, prepaids$228,233$225,530$275,627$327,490$369,551
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$713,004$836,747$831,493$948,998$1,797,176
Long-term investments$30$30$30$30$30
Fixed assets$2,047,218$2,044,228$1,793,509$1,826,888$1,183,870
Other long-term assets$88,622$94,574$99,081$103,981$108,490
Total long-term assets$2,135,870$2,138,832$1,892,620$1,930,899$1,292,390
Total assets$2,848,874$2,975,579$2,724,113$2,879,897$3,089,566
 
Liabilities20172016201520142013
Payables and accrued expenses$133,529$155,302$166,155$146,860$173,214
Other current liabilities$41,347$41,324$41,638$44,733$44,616
Total current liabilities$174,876$196,626$207,793$191,593$217,830
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$83,992$89,574$93,767$98,514$103,080
Total long-term liabilities$83,992$89,574$93,767$98,514$103,080
Total liabilities$258,868$286,200$301,560$290,107$320,910
 
Net assets20172016201520142013
Unrestricted$2,529,439$2,551,176$2,319,256$2,518,918$2,315,731
Temporarily restricted$60,567$138,203$103,297$70,872$452,925
Permanently restricted$0$0$0$0$0
Net assets$2,590,006$2,689,379$2,422,553$2,589,790$2,768,656
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$4,498,748$4,917,432$4,312,123$4,275,728$5,387,491
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$1,418$2,896$3,263$5,361$7,135
Other revenue$97,792$95,595$81,497$81,905$81,188
Total other revenue$99,210$98,491$84,760$87,266$88,323
Total revenue$4,597,958$5,015,923$4,396,883$4,362,994$5,475,814
 
Expenses20172016201520142013
Program services$3,909,397$3,981,894$3,779,112$3,846,757$3,635,145
Management and general$503,784$455,116$494,368$451,746$416,347
Fundraising$284,150$312,087$290,640$243,357$184,647
Total expenses$4,697,331$4,749,097$4,564,120$4,541,860$4,236,139
 
Change in net assets20172016201520142013
Surplus (deficit)($99,373)$266,826($167,237)($178,866)$1,239,675
Other changes in net assets$0$0$0$0$0
Total change in net assets($99,373)$266,826($167,237)($178,866)$1,239,675

Response from ministry

No response has been provided by this ministry.


History

World Missionary Press, Inc. began in the hearts of Watson and Rose Goodman while they were missionaries. In 1951, they established Gospel Centre Work, a faith ministry, concentrating their efforts mainly on evangelizing the children and youth in neglected black areas around Germiston, South Africa. At home, the Goodmans would clear off their dining room table, place a mimeograph machine on it, and run pages with Scriptures and pictures to color for the 2,000 black children they taught weekly in the five townships surrounding Germiston.

Watson's vision for reaching the world through Scripture booklets distributed free of charge grew in intensity. In 1961 God led them to the U.S. to establish World Missionary Press in Winona Lake, Indiana. A small building was dedicated November 11, 1961. Watson's initial three goals for WMP were:
To believe God eventually for a half million dollars a year
To send out one million Scripture booklets a month free of charge
To print in 300 languages

God's provision has far surpassed Watson's first two goals. Income has risen to nearly $2.4 million a year. WMP currently prints 4 million Scripture booklets per month. They have been distributed free of charge in 219 countries and islands. The third goal was realized when the 300th language, Hmong Daw, was produced in January, 2000.

In 1970 WMP outgrew its Winona Lake facilities, and due to rezoning was unable to expand on-site. Believing that "disappointments are God's appointments," the Goodmans searched for a new location. They determined from a map showing where all the volunteers came from that New Paris would be a central location.

A couple from New Paris, Indiana, who had been driving to Winona Lake to volunteer at World Missionary Press, had been impressed by God not to sell their land in New Paris. When Watson and Rose Goodman approached them about buying the land for WMP's new headquarters, the couple offered the land at one-fourth of its value, because it was to be used for the Lord's work. WMP now resides on County Road 146, next to Marietta Drive in New Paris.

Rose always remembered her precious black children in South Africa, whom she tearfully but obediently left behind. So in 1991, when given the opportunity, she gladly wrote the illustrated children's booklet, The Way to God. WMP now prints about 20 publications, including topical Scripture booklets, Bible studies, and New Testaments, and children's salvation coloring books such as He Is Risen!

Presently overseeing the work of World Missionary Press are President Jay Benson (since 1988) and Treasurer Vicky (Goodman) Benson (oldest child of Watson and Rose).

In 1994 World Missionary Press joined hands with Every Home for Christ by committing to print six million special 2-in-1 Scripture booklets in nine African languages for distribution to every black home in the Goodmans' adopted homeland of South Africa. World Missionary Press networks with many other ministries, including Gospel for Asia, Operation Mobilization, and Every Home for Christ in providing tools for their ministries, both large and small.


Program accomplishments

World Missionary Press, Inc.'s accomplishments and programs for 2000 include some of the following:

WMP Scriptures have gone into 219 countires of the world.

Scripture booklets have been printed in 305 languages.

This past fiscal year WMP produced 43,248,700 Scripture booklets the size of Help From Above, 2,717,600 Bible studies, and 125,000 New Testaments.

All 40 paid workers, including the president, receive the same hourly wage, recently raised from $6.75 to $7.00.

Production cost per 48-page booklet this past year, including overhead, was about 4 cents each (including postage). Every dollar contributed for Scripture booklets produces booklets for about 25 people.

WMP produces approximately 4,000,000 Scripture booklets each month to send out free of charge. Since its inception, the ministry has sent more than 990,000,000 Scripture booklets and Bible study booklets by request into 219 countries and islands of the world.


Needs

World Missionary Press, Inc. is a faith based ministry and believes that prayer is vital for it to function effectively as a ministry. WMP encourages you to pray with it and for it. By keeping WMP in your prayers you become a part of its work around the world. WMP asks for prayers that the Lord will continue to increase its efficiency and its income, so that the ministry can continue to increase its level of production. WMP also asks for prayer especially for opportunities in war-torn areas, poverty-stricken areas, and areas where the Word of God has been restricted.