Bibles for the World 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/9/2021. To update the information in this column, please email: info@ministrywatch.com
Summary
Bibles For The World is a non-profit ministry committed to spreading the Gospel to all nations. Bibles for the World propagates the Gospel through the printing and distribution of Bibles throughout the world, to support and train national missionary workers, and to support and educate needy children in India under the Partnership Parents Program. Thousands of partners in the United States and Canada (individuals, families, churches, and volunteer groups) take on the responsibility of mailing language-correct copies of the New Testament overseas using the names and addresses and packing materials Bibles for the World provides. Bibles for the World has supported the ministry of the Evangelical Free Church of India and Partnership Mission since their inceptions, through pastors and mission workers' sponsorship, seminary scholarship, student sponsorships, education, medical ministries, relief and development projects, and capital fund campaigns. Each year, Bibles For The World selects a new group of children from the Hmar tribe in northeast India to tour North America as part of the India Children's Choir.
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 470
1105 Garden of the Gods Road (80907)
Colorado Springs, CO 80901-0901
Website: www.biblesfortheworld.org
Phone: (888) 382-4253
Organization details
EIN: 362434228
CEO/President: John Pudaite
Chairman: Louis Pope
Board size: 12
Founder: Dr. Rochunga Pudaite
Year founded: 1959
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 1980
Purpose
Bibles For The World is a non-profit ministry committed to spreading the Gospel to all nations. The purpose of Bibles for the World is to propagate the Gospel through the printing and distribution of Bibles throughout the world, to support and train national missionary workers, and to support and educate needy children in India under the Partnership Parents Program.
After obtaining the names and addresses from the phone books of entire cities, Bibles for the World then sends out a copy of the New Testament - in the local language - to every address. Thousands of partners in the United States and Canada (individuals, families, churches, and volunteer groups) take on the responsibility of mailing language-correct copies of the New Testament overseas using the names and addresses and packing materials Bibles for the World provides. Bibles for the World has supported the ministry of the Evangelical Free Church of India and Partnership Mission since their inceptions, through pastors and mission workers' sponsorship, seminary scholarship, student sponsorships, education, medical ministries, relief and development projects, and capital fund campaigns.
The Evangelical Free Church of India (EFCI), established in 1971, is headquartered in Shillong, Meghalaya, India. The EFCI has nearly 300 churches, divided among 13 districts of India. While administered entirely indigenously, many of its leadership have received postgraduate education at Trinity Evangelical Divinity School and Northern Baptist Theological Seminary.
The Partnership Mission Society was established in 1958, and is headquartered in Sielmat, Manipur, India. Partnership Mission currently runs 38 village schools, 5 high schools, and a junior college. Total enrollment of the schools is nearly 10,000 students, about 15% of whom are sponsored by partners in North America. Sielmat Christian Hospital is a 30-bed hospital ministering to the physical and spiritual needs of the area.
Each year, Bibles For The World selects a new group of children from the Hmar tribe in northeast India to tour North America as part of the India Children's Choir.
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
Bibles For The World uses the following to express its mission:
"Ignite the World with the Word of God"
Statement of faith
- We believe the Bible, as contained in the Old and New Testaments, is the inspired and infallible Word of God, being given by the Holy Spirit of God to holy men of old. It is, therefore, the only and final authority in all matters of faith and practice.
- We believe in one God, eternally existing in three persons: Father, Son and Holy Spirit.
- We believe in the deity of Jesus Christ, in His virgin birth, in His sinless life, in His works of miracles, in His vicarious and redeeming death, in His cleansing blood shed on Calvary, in His bodily resurrection, in His ascension to the right hand of God the Father and in His personal and visible return in power and glory.
- We believe in the Holy Spirit, the Lord and Giver of life, who proceeds from the Father and the Son; who by means of the Word of God, is the Author of the new birth, the Comforter, and the Sanctifier; and He indwells the believer.
- We believe that humans were created in the image of God, that they fell into sin, and thereby incurred not only physical death, but spiritual death which is separation from God; that all human beings, in consequence of the Fall, are born with sinful nature.
- We believe in the necessity of the new birth by the Holy Spirit in order that people may have peace with God, and this new birth cannot be received by being born into a Christian home or by association with believers. Rather, it is attained by putting one's entire confidence in the atoning work of Christ on the cross, and in the power of His resurrection.
- We believe in the resurrection of the body, both of the just and the unjust, the eternal blessedness of the redeemed in Christ, and the eternal punishment of those who have rejected the offer of Salvation.
- We believe that the commission of Christ to be witnesses of His life, death and resurrection and eternal life through His name is the task of every born-again Christian.
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Publishing
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 603 of 817 | 7 of 7 |
| Fund acquisition rating | | 816 of 817 | 7 of 7 |
| Resource allocation rating | | 417 of 817 | 6 of 7 |
| Asset utilization rating | | 332 of 817 | 4 of 7 |
Financial ratios
| Funding ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 31% | 15% | 15% | 13% | 11% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 23% | 11% | 11% | 10% | 9% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 63% | 73% | 73% | 73% | 74% | 80% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 22% | 12% | 11% | 11% | 9% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 37% | 27% | 27% | 27% | 26% | 20% |
| Operating ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 72% | 82% | 82% | 81% | 83% |
Spending ratio Spending ratio = Total expenses / Total revenue | 105% | 105% | 95% | 94% | 90% | 92% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 75% | 79% | 77% | 74% | 76% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | -5% | -5% | 5% | 6% | 10% | 8% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | -2% | -2% | 2% | 3% | 4% | 4% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 7% | 6% | 6% | 8% | 8% |
| Investing ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.48 | 0.48 | 0.41 | 0.41 | 0.39 | 0.43 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.01 | 3.01 | 2.49 | 2.41 | 2.21 | 2.15 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.45 | 1.45 | 1.02 | 0.98 | 0.87 | 0.91 |
| Liquidity ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 4.61 | 61.37 | 46.24 | 22.94 | 28.77 | 27.55 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.22 | 0.02 | 0.02 | 0.04 | 0.03 | 0.04 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.49 | 8.13 | 11.48 | 11.74 | 13.33 | 12.66 |
| Solvency ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 18% | 5% | 5% | 6% | 6% | 7% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 183% | 198% | 230% | 231% | 238% | 219% |
Financials
| Balance sheet | |||||
| Assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Cash | $857,171 | $790,508 | $956,679 | $920,833 | $1,608,539 |
| Receivables, inventories, prepaids | $177,442 | $277,512 | $73,288 | $283,928 | $212,598 |
| Short-term investments | $1,360,402 | $2,071,259 | $2,168,998 | $2,187,188 | $1,532,686 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,395,015 | $3,139,279 | $3,198,965 | $3,391,949 | $3,353,823 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $4,619,330 | $4,449,951 | $4,238,543 | $4,014,993 | $3,785,892 |
| Other long-term assets | $204,407 | $213,656 | $284,586 | $72,613 | $61,870 |
| Total long-term assets | $4,823,737 | $4,663,607 | $4,523,129 | $4,087,606 | $3,847,762 |
| Total assets | $7,218,752 | $7,802,886 | $7,722,094 | $7,479,555 | $7,201,585 |
| Liabilities | 2019 | 2018 | 2017 | 2016 | 2015 |
| Payables and accrued expenses | $26,290 | $55,159 | $53,805 | $28,991 | $36,866 |
| Other current liabilities | $12,737 | $12,736 | $85,637 | $88,898 | $84,868 |
| Total current liabilities | $39,027 | $67,895 | $139,442 | $117,889 | $121,734 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $291,470 | $346,376 | $350,775 | $332,990 | $362,127 |
| Total long-term liabilities | $291,470 | $346,376 | $350,775 | $332,990 | $362,127 |
| Total liabilities | $330,497 | $414,271 | $490,217 | $450,879 | $483,861 |
| Net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Unrestricted | $5,493,964 | $5,964,526 | $5,793,608 | $5,528,939 | $5,042,247 |
| Temporarily restricted | $1,394,291 | $1,424,089 | $1,438,269 | $1,499,737 | $1,675,477 |
| Permanently restricted | $0 | $0 | $0 | $0 | $0 |
| Net assets | $6,888,255 | $7,388,615 | $7,231,877 | $7,028,676 | $6,717,724 |
| Revenues and expenses | |||||
| Revenue | 2019 | 2018 | 2017 | 2016 | 2015 |
| Total contributions | $2,410,765 | $2,451,269 | $2,430,319 | $2,412,641 | $2,654,343 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $39,472 | $156,635 | $88,432 | $269,831 | ($9,732) |
| Other revenue | $864,756 | $760,103 | $812,411 | $576,262 | $675,966 |
| Total other revenue | $904,228 | $916,738 | $900,843 | $846,093 | $666,234 |
| Total revenue | $3,314,993 | $3,368,007 | $3,331,162 | $3,258,734 | $3,320,577 |
| Expenses | 2019 | 2018 | 2017 | 2016 | 2015 |
| Program services | $2,489,851 | $2,645,154 | $2,580,221 | $2,398,950 | $2,538,245 |
| Management and general | $226,596 | $187,817 | $191,607 | $226,280 | $233,808 |
| Fundraising | $758,906 | $378,298 | $356,133 | $322,552 | $290,646 |
| Total expenses | $3,475,353 | $3,211,269 | $3,127,961 | $2,947,782 | $3,062,699 |
| Change in net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Surplus (deficit) | ($160,360) | $156,738 | $203,201 | $310,952 | $257,878 |
| Other changes in net assets | ($340,000) | $0 | $0 | $0 | $0 |
| Total change in net assets | ($500,360) | $156,738 | $203,201 | $310,952 | $257,878 |
Compensation
| Name | Title | Compensation |
| John L Pudaite | President | $98,784 |
| Jeff McLinden | VP Development & Marketing | $91,103 |
| Mawii Pudaite | Co-Founder | $75,545 |
Compensation data as of: 6/30/2019
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 2/9/2021. To update the information below, please email: info@ministrywatch.com
History
In 1959 Dr. Rochunga & Mawii Pudaite landed in Chicago to begin their journey of faith. The only money they took out of India was spent for a night's logging in London. But God gave them a dream to translate the Bible for the Hmar tribe of Northeast India and provide education and training for them so that they might become "world citizens," as God intended them to be.
After they arrived in Chicago, God gave them men and women to serve on their Mission Board and people to support their ministry. Our partnership has resulted in the establishment of 65 village schools, 300 churches, a hospital, and 4 High Schools. And thousands of needy children have been supported and educated. Today, 90% of the Hmars can read and write. Some have become doctors, lawyers, political leaders, preachers, and teachers.
And in 1971, God gave them a new dream to give a free copy of the New Testament to all the families of the world in response to the commission of the Lord, "the Gospel must first be published among all the nations." They have sent over 14 million New Testaments to individual homes of the world.