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 rating101 of 9408 of 51
Fund acquisition rating168 of 94212 of 51
Resource allocation rating274 of 94219 of 51
Asset utilization rating242 of 94011 of 51

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%3%4%4%4%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%3%4%4%4%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%95%93%94%93%93%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%3%4%4%4%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%5%7%6%7%7%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%86%85%85%84%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%88%98%102%98%103%
Program output ratio Program output ratio =
Program services /
Total revenue
79%75%83%87%83%87%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%12%2%-2%2%-3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%23%5%-4%4%-6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%11%11%11%11%11%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.921.541.982.152.092.25
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.382.282.122.072.072.11
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.743.514.194.454.324.75
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.167.256.725.195.695.09
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.140.150.190.180.20
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.692.952.442.182.292.03
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
14%6%7%9%9%9%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
85%61%47%42%44%40%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$12,529,428$12,205,833$11,963,939$13,580,391$12,441,179
Receivables, inventories, prepaids$5,870,759$5,845,061$5,459,650$6,640,213$6,520,239
Short-term investments$9,828,810$5,697,911$6,258,850$4,200,000$4,203,417
Other current assets$0$0$0$0$0
Total current assets$28,228,997$23,748,805$23,682,439$24,420,604$23,164,835
Long-term investments$12,175,823$1,525,794$4,200,000$4,348,123$2,750,000
Fixed assets$20,074,162$20,743,936$21,021,978$21,696,830$23,036,358
Other long-term assets$3,950,000$4,262,775$109,553$0$0
Total long-term assets$36,199,985$26,532,505$25,331,531$26,044,953$25,786,358
Total assets$64,428,982$50,281,310$49,013,970$50,465,557$48,951,193
 
Liabilities20202019201820172016
Payables and accrued expenses$3,790,909$3,008,319$3,979,152$3,649,539$4,059,858
Other current liabilities$103,747$525,430$583,882$645,667$486,849
Total current liabilities$3,894,656$3,533,749$4,563,034$4,295,206$4,546,707
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$11,225$24,696
Total long-term liabilities$0$0$0$11,225$24,696
Total liabilities$3,894,656$3,533,749$4,563,034$4,306,431$4,571,403
 
Net assets20202019201820172016
Without donor restrictions$60,531,978$46,572,386$44,277,383$46,159,126$44,379,790
With donor restrictions$2,348$175,175$173,553$0$0
Net assets$60,534,326$46,747,561$44,450,936$46,159,126$44,379,790
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$107,496,870$94,443,111$97,247,442$99,713,818$99,759,128
Program service revenue$3,375,153$6,033,752$5,832,143$6,850,095$6,747,212
Membership dues$0$0$0$0$0
Investment income$308,733$228,080$147,760$93,619$48,410
Other revenue$1,585,619$1,013,379$296,042$618,924$763,570
Total other revenue$5,269,505$7,275,211$6,275,945$7,562,638$7,559,192
Total revenue$112,766,375$101,718,322$103,523,387$107,276,456$107,318,320
 
Expenses20202019201820172016
Program services$84,960,398$84,586,345$89,920,420$88,964,256$92,885,852
Management and general$10,826,273$11,042,278$11,233,728$12,048,651$12,520,441
Fundraising$3,192,939$3,793,074$4,250,982$4,484,213$4,629,631
Total expenses$98,979,610$99,421,697$105,405,130$105,497,120$110,035,924
 
Change in net assets20202019201820172016
Surplus (deficit)$13,786,765$2,296,625($1,881,743)$1,779,336($2,717,604)
Other changes in net assets$0$0$173,553$0$0
Total change in net assets$13,786,765$2,296,625($1,708,190)$1,779,336($2,717,604)

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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