World Reach

Summary

World Reach is a Christian evangelical international mission organization serving fields in East Africa, Central and South America, Europe, and the U.S. The focus of World Reach is to:

  • Establish and nurture churches among unreached people, and
  • Work with local churches to provide biblical, theological, and practical leadership training to national pastors and lay-leaders within their cultural setting that they may further the kingdom of God among their own people.
World Reach is incorporated in the state of Alabama and is recognized by the Internal Revenue Service as a 501(C)(3) nonprofit organization.

Contact information

Mailing address:
P.O. Box 26155
Birmingham, AL 35260-5260

Website: www.world-reach.org

Phone: (205) 979-2400

Email: info@world-reach.org


Organization details

EIN: 630838799

CEO/President: Mr. Timothy Prewitt

Chairman: Mr. Pat Kelly

Board size: 9

Founder: Mr. Timothy Prewitt

Year founded: 1983

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2012


Purpose

Our purpose is to fulfill the Great Commission of Jesus Christ.

World Reach missionaries are serving the cause of Christ in Albania, Argentina, Colombia, El Salvador, Germany, Honduras, Kenya, Macedonia, Nicaragua, Peru, and the U.S.


Mission statement

World Reach's mission is to reach the world with the gospel of Christ through the local church. World Reach carries out its mission in close cooperation with local churches through evangelism, discipleship training, church planting, leadership development, and physical relief efforts.


Statement of faith

World Reach expresses its Doctrinal Statement as follows:

  • The Bible, consisting of sixty-six books of the Old and New Testaments, is the inerrant and complete Word of God and the final authority in all matters of faith and practice. (2 Tim. 3:16-17; 2 Pet. 1:20-21; Jude 3)
  • There is one God, eternally existing in three Persons: Father, Son and Holy Spirit. (Deut. 6:4; Matt. 28:19; Luke 3:21-22)
  • The Lord Jesus Christ is the only begotten Son of God, conceived by the Holy Spirit, born of the Virgin Mary, and is true God and true man. (Luke 1:30-35; John 1:18, 3:16; Phil. 2:5-11)
  • Man was created in the image of God; man sinned and thereby incurred not only physical death, but also spiritual death, which is separation from God; and, as a consequence, all mankind is declared by God to be totally depraved, having inherited a sinful nature and having become sinners in thought, word and deed. (Gen. 1:26-27, 2:16-17, 3:6-19; Rom. 3:10-23, 6:23, 7:18, 11:32; Gal. 3:22)
  • The Lord Jesus Christ died as a substitutionary and complete sacrifice for the sins of the whole world and only those who believe in Him are saved, and this on the basis of His shed blood. (Rom. 3:24-28; 5:8-10; 1 Tim. 2:5-6; 1 John 2:1-2)
  • The Lord Jesus Christ arose from the dead in the same body in which He was crucified; He ascended into heaven in His resurrected, glorified body and is now exalted at the right hand of the Father as Head of the Church. (John 20:1-19; Acts 1:9-11; Eph. 1:20-23; Heb. 1:3)
  • Both the believer and unbeliever will be resurrected bodily in their own order: the saved unto everlasting bliss; the lost unto everlasting and conscious punishment. (1 Cor. 15:1-50; 1 Thess. 4:13-18; Rev. 20:11-15; 21:22)
  • On the sole condition of personal faith in the Lord Jesus Christ, men are born again by the Holy Spirit; at regeneration, all believers in this age are indwelt by the Holy Spirit in the Body of Christ and irrevocably sealed by the Holy Spirit unto the day of redemption. (Rom. 3:24-28; 8:9-11; 1 Cor. 12:13; Eph. 4:30)
  • Sanctification, which is separation unto God, is threefold: (1) positionally, the believer was sanctified at his conversion by virtue of his union with Christ; (2) progressively, he is continually being sanctified through the Word as he walks in the Spirit, thereby overcoming the lusts of the flesh and producing the fruit of the Spirit; (3) ultimately, he will be completely conformed to the image of Christ when he sees his Savior face to face. (John 17:17; Eph. 5:26; Col. 3:1-4; Heb. 10:14; 1 John 3:1-3)
  • The Lord Jesus Christ will return to this earth personally, visibly and bodily to receive unto Himself the Church, which is His Body. (John 14:3; Acts 1:10-11; Eph. 1:22-23; Phil. 3:20-21; 1Thess. 4:13-18; Titus 2:11-14, Heb. 9:28)

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating281 of 66031 of 88
Fund acquisition rating229 of 66232 of 88
Resource allocation rating241 of 66223 of 88
Asset utilization rating445 of 66057 of 88

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%5%5%4%4%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%4%5%3%3%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%88%88%88%88%88%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%4%4%4%4%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%12%12%12%12%12%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%86%86%85%84%85%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%100%104%91%85%91%
Program output ratio Program output ratio =
Program services /
Total revenue
82%86%89%78%72%77%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%0%-4%9%15%9%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%0%-4%10%19%14%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%10%10%11%12%11%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.371.301.271.011.071.33
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.373.033.293.083.153.22
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.183.944.183.113.364.29
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.58204.30170.19278.43189.513207.73
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.000.010.000.010.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.103.032.853.853.552.80
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%0%0%0%0%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
64%77%79%99%94%75%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$412,703$378,973$422,675$371,652$294,559
Receivables, inventories, prepaids$384$552$541$552$552
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$413,087$379,525$423,216$372,204$295,111
Long-term investments$0$0$0$0$0
Fixed assets$840,564$870,297$881,797$801,718$654,736
Other long-term assets$0$0$0$0$0
Total long-term assets$840,564$870,297$881,797$801,718$654,736
Total assets$1,253,651$1,249,822$1,305,013$1,173,922$949,847
 
Liabilities20192018201720162015
Payables and accrued expenses$2,022$2,230$1,520$1,964$92
Other current liabilities$0$0$0$0$0
Total current liabilities$2,022$2,230$1,520$1,964$92
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$2,022$2,230$1,520$1,964$92
 
Net assets20192018201720162015
Unrestricted$1,144,756$1,168,809$1,253,517$1,101,769$874,830
Temporarily restricted$106,873$78,783$49,976$70,189$74,925
Permanently restricted$0$0$0$0$0
Net assets$1,251,629$1,247,592$1,303,493$1,171,958$949,755
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$1,434,784$1,347,498$1,274,044$1,296,076$1,229,611
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$4,594$3,139$1,034$742$1,598
Other revenue$192,953$181,512$172,253$177,189$165,990
Total other revenue$197,547$184,651$173,287$177,931$167,588
Total revenue$1,632,331$1,532,149$1,447,331$1,474,007$1,397,199
 
Expenses20192018201720162015
Program services$1,397,729$1,361,762$1,124,870$1,057,259$1,075,956
Management and general$161,863$155,882$140,815$145,853$139,226
Fundraising$68,702$70,406$50,111$48,692$49,798
Total expenses$1,628,294$1,588,050$1,315,796$1,251,804$1,264,980
 
Change in net assets20192018201720162015
Surplus (deficit)$4,037($55,901)$131,535$222,203$132,219
Other changes in net assets$0$0$0$0$0
Total change in net assets$4,037($55,901)$131,535$222,203$132,219

Response from ministry

No response has been provided by this ministry.


History

In 1982, World Reach began reaching the world for Christ with its first foreign mission field in Honduras, Central America. World Reach expanded to the following fields in subsequent years: Kenya (1983); Germany (1988); Ukraine (1991); El Salvador (1996); Peru and Romania (1998); Albania (1999); Nicaragua (2001); Colombia (2005); Macedonia (2007); Argentina (2009); and the U.S. (2011).


Program accomplishments

World Reach Theological Seminaries and Bible Institutes, which had their beginnings in 1992, work in close cooperation with local churches in overseas locations to provide biblical, theological, and practical training within the national cultural setting. The Lord Jesus Christ gave Christians the command to "go and teach all nations" (Matthew 28:19), and World Reach is engaged in that mission. Our biblical direction for the World Reach Theological Seminaries and Institutes is given to us in the New Testament, 2 Timothy 2:2: "And what you have heard from me before many witnesses entrust to faithful men who will be able to teach others also."

World Reach Theological Seminaries and Institutes train national pastors, aspiring pastors and other church leaders in the inerrant, infallible Word of God, that they in turn may further the kingdom of God among their own people. We "go" because there is a need to go; otherwise, people who need training in God's Word would not receive it. We "go" for the glory of God, and the good of man.

We use Bible College level curriculum to train and equip the students, most of whom are bi-vocational. Each class runs for a period of 2 to 4 years depending on location and level of training. We use modular format, rotating teachers in and out of courses at regular time intervals.


Needs

  • Individual:

    World Reach is a "faith" ministry, trusting God to provide the financial resources necessary to do the work of ministry. Individual World Reach team members or missionaries are responsible for raising their own financial support to sustain their public ministry and private lives. Missionary names, locations, and ministries can be found on the World Reach website.
  • Projects:
    1) Kenya Orphanage in Meru, Kenya
    2) Kenya Medical Clinic in Muthetheni, Kenya
    3) San Francisco Project in Siguatepeque, Honduras
    4) La Roca Prenatal Center near Lima, Peru
    5) International Church Plant in Sumy, Ukraine
    6) Church Planter Ministry in South and Central America
    7) Bible Institutes Program