World Servants, Inc. NEGATIVE NET WORTH

Summary

World Servants, Inc. ("WS") is a nonprofit corporation dedicated to mobilizing a global network of people to impact the world for Jesus Christ through responding to physical and spiritual needs. WS serves as an agent of change by developing people as servants and leaders. These people are challenged and developed through short-term mission projects and learner-based training in cross-cultural ministry and servant leadership. The ministry began in 1986 to help make that goal possible for ordinary Christians who are willing to let God do something extraordinary with their lives. Since then, more than 32,000 people have touched lives around the world in practical, hands-on ways. WS primary mission is to mobilize people, communities and leaders throughout the world to use a servant philosophy to impact people around them for Jesus Christ. World Servants accomplishes this primarily through short-term mission projects and leadership training which supports its long term efforts with community mobilization. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law.


Contact information

Mailing address:
7130 Portland Ave. South
Richfield, MN 55423-3264

Website: www.usa.worldservants.org

Phone: (612) 866-0010

Email:


Organization details

EIN: 592707198

CEO/President: Mr. Tim Gibson

Chairman: Rev. Andrew Rogness

Board size: 7

Founder: Mr. Jack Larson

Year founded: 1986

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

World Servants, Inc. ("WS") is a nonprofit corporation dedicated to mobilizing a global network of people to impact the world for Jesus Christ through responding to physical and spiritual needs. WS serves as an agent of change by developing people as servants and leaders. These people are challenged and developed through short-term mission projects and learner-based training in cross-cultural ministry and servant leadership. The ministry began in 1986 to help make that goal possible for ordinary Christians who are willing to let God do something extraordinary with their lives. Since then, more than 32,000 people have touched lives around the world in practical, hands-on ways. WS primary mission is to mobilize people, communities and leaders throughout the world to use a servant philosophy to impact people around them for Jesus Christ. World Servants accomplishes this primarily through short-term mission projects and leadership training which supports its long term efforts with community mobilization. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law.


Mission statement

World Servants, Inc.'s Mission Statement is:

World Servants is a worldwide, multi-cultural organization serving as an agent of change by developing people as servants and leaders. These people are challenged and developed through dynamic short-term mission projects and learner-based training in cross-cultural ministry and servant leadership.


Statement of faith

World Servants, Inc.'s Statement of Faith is:

World Servants requires that each member of the Christian faith within the organization must subscribe and adhere to the Westminster Confession.

World Servants subscribes to the following core values:

Christ Centered - modeling our actions and attitudes after the person of Christ.
Compassion - care deeply about the needs of a hurting world.
Servanthood - serve others and Christ in a spirit of giving.
Mobilizing People - nurture relationships while enabling, equipping and empowering others to serve.
Ministry to the impoverished - work with those who lack access to vital resources.
Sharing the Gospel - communicate the message of Christ in a clear and culturally sensitive manner.
Integrity - live out its values through keeping its promises.
Partnering - attempt to do nothing alone.
Quality - seeking to exceed the expectations of those with whom it works.
Learning - capturing and utilizing the insights drawn from individual and corporate experiences and relationship.

Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency ratingNEGATIVE NET WORTH108 of 43021 of 78
Fund acquisition rating235 of 43043 of 78
Resource allocation rating185 of 43031 of 78
Asset utilization rating49 of 4308 of 78

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20162015201420132012
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%12%21%21%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%3%3%3%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%22%12%13%0%0%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%3%3%2%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%78%88%87%0%0%
 
Operating ratiosMedian % for
all ministries in
MW database
20162015201420132012
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%84%88%90%0%0%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%99%99%115%0%0%
Program output ratio Program output ratio =
Program services /
Total revenue
81%83%87%103%0%0%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%1%1%-15%0%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-4%-5%71%0%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%14%9%8%0%0%
 
Investing ratiosMedian measure
for all ministries
in MW database
20162015201420132012
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.325.135.256.680.000.00
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.531.021.031.050.000.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.535.255.387.020.000.00
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20162015201420132012
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.090.650.680.630.000.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.101.541.471.580.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.07-1.22-1.04-0.990.000.00
 
Solvency ratiosMedian % for
all ministries in
MW database
20162015201420132012
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%207%203%221%0%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%20%17%7%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%-21%-20%-18%0%0%

Financials

Balance sheet
 
Assets20162015201420132012
Cash$67,961$133,048$86,745$0$0
Receivables, inventories, prepaids$148,866$99,052$114,558$0$0
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$216,827$232,100$201,303$0$0
Long-term investments$0$0$0$0$0
Fixed assets$5,116$6,013$10,009$0$0
Other long-term assets$0$0$0$0$0
Total long-term assets$5,116$6,013$10,009$0$0
Total assets$221,943$238,113$211,312$0$0
 
Liabilities20162015201420132012
Payables and accrued expenses$101,612$54,582$54,379$0$0
Other current liabilities$231,480$285,514$263,913$0$0
Total current liabilities$333,092$340,096$318,292$0$0
Debt$43,667$41,021$14,526$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$81,658$102,089$133,924$0$0
Total long-term liabilities$125,325$143,110$148,450$0$0
Total liabilities$458,417$483,206$466,742$0$0
 
Net assets20162015201420132012
Unrestricted($236,474)($245,093)($258,400)$0$0
Temporarily restricted$0$0$0$0$0
Permanently restricted$0$0$0$0$0
Net assets($236,474)($245,093)($255,430)$0$0
 
Revenues and expenses
 
Revenue20162015201420132012
Total contributions$251,518$153,300$160,979$0$0
Program service revenue$803,854$1,001,175$983,971$0$0
Membership dues$0$0$0$0$0
Investment income$7$52$84$0$0
Other revenue$92,405$107,946$85,515$0$0
Total other revenue$896,266$1,109,173$1,069,570$0$0
Total revenue$1,147,784$1,262,473$1,230,549$0$0
 
Expenses20162015201420132012
Program services$952,188$1,102,556$1,264,297$0$0
Management and general$157,559$114,772$114,233$0$0
Fundraising$29,418$31,838$33,814$0$0
Total expenses$1,139,165$1,249,166$1,412,344$0$0
 
Change in net assets20162015201420132012
Surplus (deficit)$8,619$13,307($181,795)$0$0
Other changes in net assets$0$0$0$0$0
Total change in net assets$8,619$13,307($181,795)$0$0

Response from ministry

No response has been provided by this ministry.


History

World Servants began its work during 1986 with a vision to focus its long-term impact in two primary areas:

USA Church Partners, and Local Community Partners.

The first activity began in the spring of 1986 with 200 senior High School students going on a short term missions trip to the Dominican Republic. In 1987 approximately 600 young people participated in WS projects in Mexico, Dominican Republic, Jamaica, and Belize. WS broadened its ministry in 1988 to include Junior High students and developed a project in both West Virginia and Ecuador. WS opened its first office outside North America in 1988. In 1989 Costa Rica, Venezuela and Ecuador were added to the project areas. Between 1990-94 new projects were added in Hungary, Egypt, Kenya, Kentucky, Ghana, Romania, Albania, Czech Republic, Russia, Brazil, Bolivia, and French Guyana. During this time, WS began partnering with other denominations and organizations. In 1994 WS began looking at the utilization of volunteers to lead projects. 1995 found WS most focused year of growth and Leadership Development. In 1998 WS US staff numbered 17.


Program accomplishments

World Servants, Inc. communicates the following accomplishments:

USA Church Partners - 26,900 participants; 18,800 family participants; 810 sending churches; 725 communities back home. Local Community Partners - 95,000 people reached with one-on-one contact; 6,100 decisions for Christ; 2,690 houses built; 80 churches built; 180 other projects; 235 national leaders served; 150 local communities served.


Needs