World Missionary Press, Inc.

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 4/7/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

World Missionary Press, Inc. is an interdenominational faith ministry producing 48-page topical Scripture booklets and Bible studies in 350 languages and GROWING, as the Lord enables.


Contact information

Mailing address:
World Missionary Press
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: Harold E. Mack

Chairman: Tim Yoder

Board size: 13

Founder: Watson and Rose Goodman

Year founded: 1964

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.


Mission statement

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.


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.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Publishing

CategoryRatingOverall rankSector rank
Overall efficiency rating360 of 8444 of 7
Fund acquisition rating157 of 8441 of 7
Resource allocation rating299 of 8445 of 7
Asset utilization rating712 of 8446 of 7

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%2%7%6%6%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%6%6%6%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
63%99%94%98%98%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%7%7%6%7%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
37%1%6%2%2%2%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%81%82%83%84%83%
Spending ratio Spending ratio =
Total expenses /
Total revenue
105%33%92%102%95%104%
Program output ratio Program output ratio =
Program services /
Total revenue
75%26%76%85%79%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
-5%67%8%-2%5%-4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
-2%76%13%-4%10%-7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%12%11%11%10%11%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.480.361.361.651.601.68
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.0111.073.014.003.563.28
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.453.994.106.595.685.49
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
4.615.074.144.084.264.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.220.200.240.250.230.25
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.492.412.221.371.621.64
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
18%2%10%9%10%11%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
183%271%66%55%57%53%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$678,243$567,277$484,771$611,217$555,866
Receivables, inventories, prepaids$468,264$531,280$228,233$225,530$275,627
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,146,507$1,098,557$713,004$836,747$831,493
Long-term investments$30$30$30$30$30
Fixed assets$2,161,134$2,128,577$2,047,218$2,044,228$1,793,509
Other long-term assets$9,380,742$83,926$88,622$94,574$99,081
Total long-term assets$11,541,906$2,212,533$2,135,870$2,138,832$1,892,620
Total assets$12,688,413$3,311,090$2,848,874$2,975,579$2,724,113
 
Liabilities20192018201720162015
Payables and accrued expenses$190,369$224,638$133,529$155,302$166,155
Other current liabilities$35,589$40,959$41,347$41,324$41,638
Total current liabilities$225,958$265,597$174,876$196,626$207,793
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$75,958$79,880$83,992$89,574$93,767
Total long-term liabilities$75,958$79,880$83,992$89,574$93,767
Total liabilities$301,916$345,477$258,868$286,200$301,560
 
Net assets20192018201720162015
Unrestricted$2,989,760$2,843,281$2,529,439$2,551,176$2,319,256
Temporarily restricted$9,396,737$122,332$60,567$138,203$103,297
Permanently restricted$0$0$0$0$0
Net assets$12,386,497$2,965,613$2,590,006$2,689,379$2,422,553
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$13,826,752$4,564,626$4,498,748$4,917,432$4,312,123
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$64,951$213,439$1,418$2,896$3,263
Other revenue$104,829$101,763$97,792$95,595$81,497
Total other revenue$169,780$315,202$99,210$98,491$84,760
Total revenue$13,996,532$4,879,828$4,597,958$5,015,923$4,396,883
 
Expenses20192018201720162015
Program services$3,690,607$3,691,424$3,909,397$3,981,894$3,779,112
Management and general$544,232$510,785$503,784$455,116$494,368
Fundraising$340,809$302,012$284,150$312,087$290,640
Total expenses$4,575,648$4,504,221$4,697,331$4,749,097$4,564,120
 
Change in net assets20192018201720162015
Surplus (deficit)$9,420,884$375,607($99,373)$266,826($167,237)
Other changes in net assets$0$0$0$0$0
Total change in net assets$9,420,884$375,607($99,373)$266,826($167,237)

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 4/7/2021. To update the information below, please email: info@ministrywatch.com


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

During our 59 years of ministry, God has enabled us to produce more than 2,000,000,000 (2 billion) Scripture booklets. As God provides financially, these tools that have proven useful for evangelism and discipleship are printed and provided free of charge for evangelists, pastors, and other Christian workers in 210 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.