Bibles for the World 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 7/9/2021. To update the information in this column, please email: info@ministrywatch.com
Summary
While the Bible remains the most popular, most read book across the globe, more than 2 billion people have never had a chance to read God's Word. That's why BFTW works to provide Scriptures in regions where there is little or no access to the Bible.
Since 1973, when the Partnership Mission Society became Bibles For The World, friends and partners like you have helped provide God's Word to people in 123 Nations in a variety of forms - New Testaments, Gospels, and full Bibles. You can have a dramatic impact by helping place Scriptures in hands that are eager to read the life-transforming message of God's love and forgiveness!
Contact information
Mailing address:
Bibles for the World
PO Box 49759
Colorado Springs, CO 80949
Website: www.biblesfortheworld.org
Phone: (888) 382-4253
Email: contact@bftw.org
Organization details
EIN: 362434228
CEO/President: John Pudaite
Chairman: Louis Pope
Board size: 12
Founder: Dr. Rochunga and Mawii Pudaite
Year founded: 1959
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 1980
Purpose
Strategically distributing Bibles, New Testaments, and other scripture portions,
Raising up godly, well educated children through our affiliated schools both in Northeast India and in Delhi,
Networking and encouraging Indian churches and national Christian leaders for greater effectiveness. Equipping such leaders through the Trinity College and Seminary in Manipur, and through our networks with other fine evangelical seminaries throughout India.
Mission statement
The mission of Bibles For The World is to be a catalyst for individual and cultural change through Christ and the power of His Word! This means sharing the Good News of God's love in Christ Jesus by ministering to unreached peoples, to the Church and to Christian leaders in developing nations, with a strong emphasis on India.
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 | | 833 of 913 | 7 of 7 |
| Fund acquisition rating | | 912 of 915 | 7 of 7 |
| Resource allocation rating | | 698 of 915 | 6 of 7 |
| Asset utilization rating | | 529 of 913 | 5 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 | 7% | 31% | 15% | 15% | 13% | 11% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 3% | 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 | 100% | 105% | 95% | 94% | 90% | 92% |
Program output ratio Program output ratio = Program services / Total revenue | 77% | 75% | 79% | 77% | 74% | 76% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 0% | -5% | 5% | 6% | 10% | 8% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | -1% | -2% | 2% | 3% | 4% | 4% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 13% | 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 | 2.40 | 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 | 12.78 | 61.37 | 46.24 | 22.94 | 28.77 | 27.55 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 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) | 8.13 | 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 | 20% | 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 | 174% | 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 |
| Without donor restrictions | $5,493,964 | $5,964,526 | $5,793,608 | $5,528,939 | $5,042,247 |
| With donor restrictions | $1,394,291 | $1,424,089 | $1,438,269 | $1,499,737 | $1,675,477 |
| 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 | $95,860 |
| Mawii Pudaite | Co-Founder and Director | $56,900 |
Compensation data as of: 6/30/2020
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 7/9/2021. 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.
Program accomplishments
BFTW has provided scriptures in people's native languages in 123 nations.