WorldVenture

Summary

WorldVenture is a community of more than 500 missionaries and 20,000 churches and individuals committed to seeing the the Great Commission of Jesus Christ fulfilled. We work in over 60 countries in the world doing everything from church planting and evangelism to social justice and compassion ministry.

Our mission is to see people of all nations transformed by Jesus Christ... To see the church around the world expanded... To see the hurting cared for and offered life-transforming hope... A bold vision to help fulfill the Great Commission!
,br> 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:
1501 West Mineral Ave
Littleton, CO 80120-5612

Website: www.WorldVenture.com

Phone: (720) 283-2000

Email: info@WorldVenture.com


Organization details

EIN: 362216163

CEO/President: Dr. Jeff Denlinger

Chairman: Mr. Sam Williams

Board size: 15

Founder:

Year founded: 1943

Tax deductible: Yes

Fiscal year end: 10/31

Member of ECFA: Yes

Member of ECFA since: 1995


Purpose

What Three Things Define Our Passion?

1. Deep, Lasting Impact for Jesus

Our passion is simple. We want to see deep, lasting impact for the good news of Christ around the world. And we are confident that deep, lasting impact is most possible through long-term relationships.

2. Support & Care of our People

To keep our standards high as a mission organization, we seek to provide the highest level of support and care for our global Christian workers. We've learned from years of experience how to support and keep God's workers healthy and effectively working out their passion and calling for as long as God calls them to do it.

3. The Local Body of Christ

God has no greater strategy for building His Kingdom than working through the body of Christ. WorldVenture is mission organization proudly committed to working in, through, and with the local church -- both in the United States and around the world.

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

WorldVenture uses the following to communicate its mission:

We see people of all nations transformed by Jesus Christ through partnership with his church. Powerful Partnerships. Transformed Lives.


Statement of faith

WorldVenture uses the following to express its Statement of Faith:

1. We believe that the Bible is God's Word, that it was written by men divinely and uniquely inspired, that it is absolutely trustworthy and has supreme authority in all matters of faith and conduct.

2. We believe in God the Father, Creator of heaven and earth, perfect in holiness, infinite in wisdom, measureless in power. We rejoice that He concerns Himself mercifully in the affairs of men, that He hears and answers prayer, and that He saves from sin and death all who come to Him through Jesus Christ.

3. We believe in Jesus Christ, God's only begotten Son, conceived of the Holy Spirit, born of the virgin Mary, sinless in His life, making atonement for the sin of the world by His death on the cross. We believe in His bodily resurrection, ascension into heaven, His high priestly intercession for His people, and His personal, visible return to the world according to His promise.

4. We believe that all men by nature and by choice are sinners, but that "God so loved the world that He gave His only begotten Son, that whosoever believeth in Him should not perish, but have everlasting life" (John 3:16, KJV). We believe, therefore, that those who accept Christ as their Lord and Savior will rejoice forever in God's presence and those who refuse to accept Christ as Lord and Savior will be forever separated from God.

5. We believe in the Holy Spirit, who came forth from God to convince the world of sin, of righteousness, and judgment, and to regenerate, sanctify, and comfort those who believe in Jesus Christ.

6. We believe in the Church-a living spiritual body of which Christ is the Head and of which all regenerated people are members. We believe that a visible church is a company of believers in Jesus Christ, buried with Him in baptism and associated for worship, work, and fellowship. We believe that to these visible churches were committed for observance "till He comes" the ordinances of baptism and the Lord's Supper, and that God has laid upon these churches the task of persuading a lost world to accept Jesus Christ as Savior and to enthrone Him as Lord and Master. We believe that human betterment and social improvement are essential products of the gospel.

7. We believe that every human being is responsible to God alone in all matters of faith.

8. We believe that each church is independent and autonomous, and must be free from interference by any ecclesiastical or political authority; that, therefore, Church and State must be kept separate as having different functions, each fulfilling its duties free from the dictation or patronage of the other.

Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating41 of 4307 of 78
Fund acquisition rating52 of 43012 of 78
Resource allocation rating77 of 43010 of 78
Asset utilization rating122 of 43019 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%1%2%2%2%2%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%1%1%2%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%98%96%99%100%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%1%2%2%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%2%4%1%0%3%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%89%92%91%91%92%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%106%91%99%103%97%
Program output ratio Program output ratio =
Program services /
Total revenue
81%94%84%90%94%90%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-6%9%1%-3%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-25%19%4%-9%8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%10%6%7%7%6%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.322.021.131.441.791.84
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.532.272.051.641.471.49
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.534.582.312.372.642.75
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.093.9013.236.025.799.08
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.260.080.170.170.11
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.071.954.804.223.763.88
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%52%41%58%44%25%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%24%52%29%31%41%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$1,323,372$2,185,956$1,662,709$515,917$1,057,685
Receivables, inventories, prepaids$402,969$466,227$499,235$641,459$783,942
Short-term investments$6,003,231$6,381,123$10,941,649$10,606,867$10,096,575
Other current assets$263,207$195,680$234,949$441,222$227,581
Total current assets$7,992,779$9,228,986$13,338,542$12,205,465$12,165,783
Long-term investments$0$0$0$0$0
Fixed assets$9,560,897$9,117,542$8,108,371$5,260,038$5,438,566
Other long-term assets$579,821$590,843$474,964$514,351$574,350
Total long-term assets$10,140,718$9,708,385$8,583,335$5,774,389$6,012,916
Total assets$18,133,497$18,937,371$21,921,877$17,979,854$18,178,699
 
Liabilities20182017201620152014
Payables and accrued expenses$2,051,129$697,614$2,079,502$1,944,719$1,168,193
Other current liabilities$0$0$135,024$164,460$171,434
Total current liabilities$2,051,129$697,614$2,214,526$2,109,179$1,339,627
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$7,414,929$7,114,947$10,560,532$5,760,780$3,215,899
Total long-term liabilities$7,414,929$7,114,947$10,560,532$5,760,780$3,215,899
Total liabilities$9,466,058$7,812,561$12,775,058$7,869,959$4,555,526
 
Net assets20182017201620152014
Unrestricted($5,027,858)($4,280,782)($4,347,805)($2,949,869)$350,471
Temporarily restricted$13,652,797$15,363,092$13,452,124$13,017,264$13,230,202
Permanently restricted$42,500$42,500$42,500$42,500$42,500
Net assets$8,667,439$11,124,810$9,146,819$10,109,895$13,623,173
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$33,885,317$22,425,115$31,760,313$31,377,290$33,619,875
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$519,388$1,051,114$102,911($94,748)$870,402
Other revenue$24,858($12,911)$155,204($19,590)$46,953
Total other revenue$544,246$1,038,203$258,115($114,338)$917,355
Total revenue$34,429,563$23,463,318$32,018,428$31,262,952$34,537,230
 
Expenses20182017201620152014
Program services$32,448,399$19,679,049$28,760,683$29,365,769$30,923,027
Management and general$3,696,683$1,280,870$2,237,864$2,122,438$2,033,934
Fundraising$428,912$346,376$659,565$701,826$554,488
Total expenses$36,573,994$21,306,295$31,658,112$32,190,033$33,511,449
 
Change in net assets20182017201620152014
Surplus (deficit)($2,144,431)$2,157,023$360,316($927,081)$1,025,781
Other changes in net assets($312,940)($1,243,075)($1,323,392)($2,586,197)$2,591,911
Total change in net assets($2,457,371)$913,948($963,076)($3,513,278)$3,617,692

Response from ministry

No response has been provided by this ministry.


History

It began in prayer. In a deep passion to bring the love of God to the nations. In an unwavering commitment to the truth of the Scriptures.

World War II was raging, but there in Chicago, on Monday, May 24th, 1943, at 1:43 in the afternoon, about 50 pastors and other concerned people gathered at the Central YMCA auditorium, 19 South LaSalle Street in Chicago. And they prayed. On through the afternoon they discussed their concerns, and they prayed.

At that time, just as the world was engulfed in war, churches were in conflict over the historic beliefs of the Christian faith. As some churches turned toward theological "liberalism," questioning the essential beliefs of Christianity, others sought to "conserve" the truth of the Bible.

These "conservatives" were not comfortable in churches that questioned the authority of Scripture or the deity of Christ. They felt uneasy with "Christian" colleges and seminaries that sought to instill doubt in those they educated. They questioned the propriety of sending missionaries through agencies that did not share such basic Christian beliefs. These conservatives established churches, schools, publishing companies, and missionary organizations which are still thriving today. Still proclaiming the truth of the Scriptures and the self-sacrificing love of God.

It was in this historical context, wrestling with these questions of faith, that those 50 concerned Christian leaders met that May afternoon in 1943 to discuss their options, and to pray.

There, on their knees in prayer, they took a step of faith.

The Conservative Baptist Foreign Mission Society was born, incorporated seven months later, to assist churches in sending, funding, and caring for missionaries.

Today, with 700 workers in more than 60 areas of the world, CBInternational is expanding the harvest, taking the love of God to the nations.


Program accomplishments


Needs