Joyce Meyer/ JMM/ Enjoying Every Day Life/ Life in the Word

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/18/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Joyce Meyer Ministries is a Christian non-profit organization based in Fenton, Missouri. We employ more than 500 people in 10 offices around the world, including approximately 400 in our world headquarters. We are financially supported by contributions from friends and partners of the ministry.

Through the teachings and calling God has given to Joyce as well as through the support of our friends and partners, Joyce Meyer Ministries has been able to share God's love and the life-changing message of the Bible with the world through TV, radio, the web, various media productions, live conferences and missions outreaches around the world.


Contact information

Mailing address:
Joyce Meyer Ministries
PO Box 655
Fenton, MO 63026-3026

Website: www.joycemeyer.org

Phone: (866) 480-1528

Email:


Organization details

EIN: 431382734

CEO/President: Ms. Joyce Meyer

Chairman: Ms. Joyce Meyer

Board size: 10

Founder: Ms. Joyce Meyer

Year founded: 1986

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2009


Purpose

Joyce Meyer Ministries has also been known or is known as Life in the Word, Enjoying Every Day Life, and one of its buildings is titled the St. Louis Dream Center. Joyce Meyer Ministries is a teaching organization created by and as the speaking platform of Joyce Meyer; however, read the whole report to understand other areas the organization is moving into. Joyce teaches on emotional healing and related subjects in meetings all over the country.


Mission statement

We have a God-ordained mandate to impact the world.

We are called to present the Gospel to the lost, disciple nations, feed the hungry, clothe the poor, minister to the elderly, widows and orphans and reach out to people of all ages and in all walks of life.

God requires that we teach people how to apply biblical truth in every facet of their lives and encourage Christians to influence every aspect of the world around them.

With the prayers and support of our friends and partners around the world, we present a creative and relevant message of Christ and His love for people worldwide using the most powerful forms of media and communications available, as well as the development and distribution of practical teaching resources.

We provide global humanitarian aid to hurting people and teach Christians and non-Christians alike how to enjoy everyday life by applying biblical principles in all they do.


Statement of faith

The Bible is the infallible Word of God, inspired by the Holy Spirit, and contains every answer to man's problems.
2 Timothy 3:16,17; 2 Peter 1:20,21

There is one God, existing eternally in three persons: God the Father, God the Son and God the Holy Spirit.
John 10:30; John 14:26; Philippians 2:5-7

God is Love and He loves all people. It is His desire to reach out to those who are poor, oppressed, widowed or orphaned, and to heal the brokenhearted.
Psalm 68:5,6; 1 John 4:16

Man is created in the image of God but separated from God by sin. Without Jesus we cannot have a relationship with God.
Genesis 1:26; 1 Timothy 2:5

We can have a personal relationship with God through salvation, God's free gift to man. It is not a result of what we do, but it is only available through God's unearned favor. By admitting we have sinned and believing in the death, burial and resurrection of Christ, and accepting Him as Lord, we can spend eternity with God.
Ephesians 2:8,9; Romans 5:1; Romans 3:24

We believe in water baptism, as taught and demonstrated by Jesus, as the way for believers to identify with the death, burial and resurrection of Jesus.
Matthew 28:19; Romans 6:4; Matthew 3:13-17

The Baptism of the Holy Spirit is a gift from God. He helps empower the believer to develop the character of Christ and live every day in God's will.
Matthew 3:11; Acts 2:4

God gives all believers spiritual gifts. They are for the strengthening of God's people (the Church) and proof of God's existence and power to unbelievers. The gifts of the Spirit are active and relevant today.
1 Corinthians 12:4-11; 1 Peter 4:10

Sanctification is the ongoing process of allowing God's character to be developed in us.
Romans 6:19; Galatians 5:22-25

Divine healing is active in the lives of people today through Jesus, who is the Healer. Healing includes physical, mental, emotional and spiritual restoration.
Luke 9:11; Matthew 9:35; Acts 10:38; Matthew 10:1

The Bible describes hell as a real place. It is a place of suffering and a place of permanent separation from God for those who die without accepting Christ. God's desire is that no one be separated from Him for eternity, which is why He sent His Son, Jesus Christ, to earth.
Hebrews 9:27; Revelation 20:12-15; John 3:16-18

Jesus will return and take all those who have accepted Him as Savior to heaven for eternity.
Acts 1:11; 1 Thessalonians 4:13-17; Hebrews 9:28

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Educational Media

CategoryRatingOverall rankSector rank
Overall efficiency rating99 of 9138 of 50
Fund acquisition rating228 of 91514 of 50
Resource allocation rating310 of 91519 of 50
Asset utilization rating127 of 9139 of 50

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%4%4%4%5%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%4%4%4%4%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%93%94%93%93%94%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%4%4%4%4%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%7%6%7%7%6%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%85%85%84%84%83%
Spending ratio Spending ratio =
Total expenses /
Total revenue
100%98%102%98%103%101%
Program output ratio Program output ratio =
Program services /
Total revenue
81%83%87%83%87%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
0%2%-2%2%-3%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
0%5%-4%4%-6%-3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%11%11%11%11%12%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.951.982.152.092.252.15
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.472.122.072.072.111.96
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.764.194.454.324.754.23
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.646.725.195.695.095.31
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.150.150.190.180.200.19
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.382.442.182.292.032.30
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
15%7%9%9%9%10%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
77%47%42%44%40%42%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$12,205,833$11,963,939$13,580,391$12,441,179$16,062,549
Receivables, inventories, prepaids$5,845,061$5,459,650$6,640,213$6,520,239$6,418,998
Short-term investments$5,697,911$6,258,850$4,200,000$4,203,417$4,063,036
Other current assets$0$0$0$0$0
Total current assets$23,748,805$23,682,439$24,420,604$23,164,835$26,544,583
Long-term investments$1,525,794$4,200,000$4,348,123$2,750,000$0
Fixed assets$20,743,936$21,021,978$21,696,830$23,036,358$25,591,869
Other long-term assets$4,262,775$109,553$0$0$0
Total long-term assets$26,532,505$25,331,531$26,044,953$25,786,358$25,591,869
Total assets$50,281,310$49,013,970$50,465,557$48,951,193$52,136,452
 
Liabilities20192018201720162015
Payables and accrued expenses$3,008,319$3,979,152$3,649,539$4,059,858$4,821,955
Other current liabilities$525,430$583,882$645,667$486,849$178,936
Total current liabilities$3,533,749$4,563,034$4,295,206$4,546,707$5,000,891
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$11,225$24,696$38,167
Total long-term liabilities$0$0$11,225$24,696$38,167
Total liabilities$3,533,749$4,563,034$4,306,431$4,571,403$5,039,058
 
Net assets20192018201720162015
Without donor restrictions$46,572,386$44,277,383$46,159,126$44,379,790$47,097,394
With donor restrictions$175,175$173,553$0$0$0
Net assets$46,747,561$44,450,936$46,159,126$44,379,790$47,097,394
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$94,443,111$97,247,442$99,713,818$99,759,128$103,958,638
Program service revenue$6,033,752$5,832,143$6,850,095$6,747,212$6,504,185
Membership dues$0$0$0$0$0
Investment income$228,080$147,760$93,619$48,410$44,467
Other revenue$1,013,379$296,042$618,924$763,570$503,665
Total other revenue$7,275,211$6,275,945$7,562,638$7,559,192$7,052,317
Total revenue$101,718,322$103,523,387$107,276,456$107,318,320$111,010,955
 
Expenses20192018201720162015
Program services$84,586,345$89,920,420$88,964,256$92,885,852$93,390,633
Management and general$11,042,278$11,233,728$12,048,651$12,520,441$13,017,081
Fundraising$3,793,074$4,250,982$4,484,213$4,629,631$5,817,959
Total expenses$99,421,697$105,405,130$105,497,120$110,035,924$112,225,673
 
Change in net assets20192018201720162015
Surplus (deficit)$2,296,625($1,881,743)$1,779,336($2,717,604)($1,214,718)
Other changes in net assets$0$173,553$0$0$0
Total change in net assets$2,296,625($1,708,190)$1,779,336($2,717,604)($1,214,718)

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 3/18/2021. To update the information below, please email: info@ministrywatch.com


History

Joyce Meyer has been teaching since 1976 and in full-time ministry since 1980. Previously an associate pastor at Life Christian Church in St. Louis, Missouri, she developed, coordinated, and taught a weekly meeting known as "Life In The Word." After more than five years, the Lord brought it to a conclusion, directing her to establish her own ministry and call it Life In The Word, Inc.


Program accomplishments

Joyce has recorded more than 225 different audiocassette albums and over 75 videos. She has also authored more than 70 books on various topics. Joyce Meyer Ministries also produces radio and television broadcasts. Joyce travels extensively conducting conferences.


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