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

CategoryRatingOverall rankSector rank
Overall efficiency rating833 of 9137 of 7
Fund acquisition rating912 of 9157 of 7
Resource allocation rating698 of 9156 of 7
Asset utilization rating529 of 9135 of 7

Financial ratios

Funding ratiosSector median20192018201720162015
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 ratiosSector median20192018201720162015
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 ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.480.480.410.410.390.43
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.403.012.492.412.212.15
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.451.451.020.980.870.91
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
12.7861.3746.2422.9428.7727.55
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.020.020.040.030.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
8.138.1311.4811.7413.3312.66
 
Solvency ratiosSector median20192018201720162015
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
 
Assets20192018201720162015
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
 
Liabilities20192018201720162015
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 assets20192018201720162015
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
 
Revenue20192018201720162015
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
 
Expenses20192018201720162015
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 assets20192018201720162015
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

NameTitleCompensation
John L PudaitePresident$95,860
Mawii PudaiteCo-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.


Needs