Wycliffe Bible Translators, Inc./ WBT

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 7/12/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

For more than 75 years, Wycliffe has helped people around the world translate the Bible into their own languages.

No one should have to learn another language to understand God's Word. And yet millions of people are still waiting for a single word of the Bible's life-transforming power. Let's help churches and communities around the world get Scripture in their language... until all the nations worship!


Contact information

Mailing address:
Wycliffe Bible Translators
PO Box 628200
Orlando, FL 32862-8200

Website: www.wycliffe.org

Phone: (407) 852-3600

Email: info_usa@wycliffe.org


Organization details

EIN: 951831097

CEO/President: John Chestnut

Chairman: Larry Cheng

Board size: 15

Founder: Mr. William Cameron Townsend

Year founded: 1942

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1980


Purpose

We believe that Bible translation is most transformational as a locally led, sustainable ministry of the church. Wycliffe USA serves together with churches and Bible translation organizations around the world so that local churches have Scripture and other resources to meet their spiritual needs, along with the capacity to continue to meet those growing needs in the future.

Our Vision: For people from every language to understand the Bible and be transformed.


Mission statement

Serve with the global body of Christ to advance Bible translation and work together so people can encounter God through his Word.


Statement of faith

WE BELIEVE IN ONE GOD.

The one God exists eternally in three persons - the Father, the Son and the Holy Spirit.

We believe the Bible is the inspired Word of God, and is completely trustworthy, speaking with supreme authority in all matters of belief and practice.

We believe all people are created in the image of God and have intrinsic value, but as a result of sin are alienated from God and each other, and therefore in need of reconciliation.

We believe the Church is the body of Christ, the fellowship of all believers and is commissioned to make disciples of all nations.

WE BELIEVE JESUS IS THE SON OF GOD.

He was born of the virgin Mary, and he is fully God and fully human. He demonstrated God's love for sinners by suffering the penalty of death in their place, rose bodily from the dead and ascended to heaven where he intercedes for his people.

We believe all who repent and trust in Jesus Christ alone as Lord and Savior are, by the grace of God, declared to be right with him, receiving forgiveness and eternal life.

We believe the Lord Jesus Christ will return personally in glory, raise the dead and judge the world.

WE BELIEVE IN ETERNAL LIFE.

We believe all people will rise from the dead - those who are in Christ to enjoy eternal life with God and those who are lost to suffer eternal separation from him.

We believe in the Holy Spirit who imparts new life to those who believe in Christ. Through his indwelling presence and transforming power he gives assurance and equips believers for holy living and effective service.

Articles

3/24/2021MINISTRY SPOTLIGHT: Wycliffe Bible Translators
6/3/2020The Bible Translation Industry Is At A Crossroads

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Bible Translation Organizations

CategoryRatingOverall rankSector rank
Overall efficiency rating354 of 9402 of 15
Fund acquisition rating385 of 9426 of 15
Resource allocation rating455 of 9426 of 15
Asset utilization rating396 of 9405 of 15

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%8%10%9%9%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%7%9%9%9%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%98%98%98%98%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%8%9%10%9%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%2%2%2%2%2%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%83%82%78%77%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%94%102%96%97%98%
Program output ratio Program output ratio =
Program services /
Total revenue
77%78%84%75%75%77%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%6%-2%4%3%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
9%9%-3%6%4%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%9%8%12%14%14%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.731.201.371.271.261.33
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.441.491.651.661.731.75
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.761.782.262.102.172.33
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.7410.037.627.676.636.24
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.100.130.130.150.16
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.066.064.614.964.684.32
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
14%14%15%15%16%18%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
85%72%62%67%66%62%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$37,926,000$19,159,000$18,737,000$12,385,000$8,324,000
Receivables, inventories, prepaids$5,276,000$797,000$365,000$2,048,000$3,865,000
Short-term investments$72,738,000$69,243,000$72,692,000$68,313,000$65,291,000
Other current assets$3,638,000$4,855,000$3,948,000$3,529,000$2,862,000
Total current assets$119,578,000$94,054,000$95,742,000$86,275,000$80,342,000
Long-term investments$25,456,000$24,267,000$24,140,000$23,504,000$21,645,000
Fixed assets$32,634,000$35,881,000$38,999,000$39,058,000$38,642,000
Other long-term assets$0$1,197,000$280,000$0$0
Total long-term assets$58,090,000$61,345,000$63,419,000$62,562,000$60,287,000
Total assets$177,668,000$155,399,000$159,161,000$148,837,000$140,629,000
 
Liabilities20202019201820172016
Payables and accrued expenses$11,366,000$11,638,000$11,520,000$12,014,000$11,519,000
Other current liabilities$559,000$706,000$967,000$1,005,000$1,359,000
Total current liabilities$11,925,000$12,344,000$12,487,000$13,019,000$12,878,000
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$12,265,000$10,772,000$11,046,000$11,444,000$11,822,000
Total long-term liabilities$12,265,000$10,772,000$11,046,000$11,444,000$11,822,000
Total liabilities$24,190,000$23,116,000$23,533,000$24,463,000$24,700,000
 
Net assets20202019201820172016
Without donor restrictions$99,775,000$89,625,000$93,425,000$83,954,000$80,759,000
With donor restrictions$53,703,000$42,658,000$42,203,000$40,420,000$35,170,000
Net assets$153,478,000$132,283,000$135,628,000$124,374,000$115,929,000
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$224,220,000$204,283,000$204,567,000$188,799,000$186,084,000
Program service revenue$2,472,000$2,723,000$3,125,000$2,794,000$2,856,000
Membership dues$0$0$0$0$0
Investment income$1,065,000$1,465,000$1,535,000$1,284,000$1,318,000
Other revenue($17,000)$98,000$102,000$47,000$100,000
Total other revenue$3,520,000$4,286,000$4,762,000$4,125,000$4,274,000
Total revenue$227,740,000$208,569,000$209,329,000$192,924,000$190,358,000
 
Expenses20202019201820172016
Program services$176,738,000$175,283,000$157,229,000$144,870,000$146,174,000
Management and general$19,493,000$17,803,000$24,828,000$25,657,000$25,354,000
Fundraising$16,947,000$19,783,000$19,429,000$17,119,000$15,949,000
Total expenses$213,178,000$212,869,000$201,486,000$187,646,000$187,477,000
 
Change in net assets20202019201820172016
Surplus (deficit)$14,562,000($4,300,000)$7,843,000$5,278,000$2,881,000
Other changes in net assets$6,633,000$955,000$3,411,000$3,167,000$2,324,000
Total change in net assets$21,195,000($3,345,000)$11,254,000$8,445,000$5,205,000

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 7/12/2021. To update the information below, please email: info@ministrywatch.com


History

In 1917 a missionary named William Cameron Townsend went to Guatemala to sell Spanish Bibles. But he was shocked when many people couldn't understand the books. They spoke Cakchiquel, a language without a Bible. Cam believed everyone should understand the Bible, so he started a linguistics school (the Summer Institute of Linguistics, known today as SIL) that trained people to do Bible translation. The work continued to grow, and in 1942 Cam officially founded Wycliffe Bible Translators.

Over the following decades, Wycliffe celebrated many milestones - from the first translation completed in 1951, all the way to the 500th translation completed in 2000. Around the same time, Wycliffe adopted a new challenge - a goal of seeing a Bible translation project started in every language still needing one by 2025.

Vision 2025

In 1999, our leaders realized that at the speed we were going, it would be at least 2150 before a Bible translation could be started for every language that needed one.

As they thought about the people perishing around the world every day without receiving the Good News of the gospel, they felt God calling them to adopt a new goal for accomplishing this mission.

Our leaders committed to do everything we could to see a Bible translation program in progress in every language still needing one by 2025.

Today, at least 2,000 languages still need a Bible translation started, and Wycliffe is working faster than ever to reach those languages as soon as possible.


Program accomplishments


Needs

Wycliffe Bible Translators, Inc. communicates the following needs:

(1) PRAYER cannot be overestimated. It launched the work of Bible translation, and it continues to move it forward. WBT relies on your prayers. WBT offers several tools to help you pray effectively for their members and work. Published prayer tools may be requested using their online contact form. WBT needs people committed to praying. You can fulfill a vital need by joining their support team as an intercessor. Invest in eternity, one prayer at a time.

(2) TELL others about the worldwide need for Bible translation. WBT cannot speak with all of them; they trust people who are interested in Bible translation--people like you--to help them spread the word. You can help to share the needs of more than 380 million people without God's Word.

(3) GIFT's can help provide someone with God's Word. This service that you perform is not only supplying the needs of God's people but is also overflowing in many expressions of thanks to God." 2 Corinthians 9:12, (NIV). Four ways you can help are: (1) Support the ministry of an individual missionary; (2) Support the completion project for the 9 people groups in Central America; (3) Support a specific project; and (4) Contribute to the general fund: Worldwide Projects Fund.

(4) Go! Whether for a week or a lifetime, to Orlando or to your idea of the ends of the earth, you can participate in Bible translation by going. See the ministry's website for more information.

(5) Volunteer! You can give of your time, skills and labor to aid the task of Bible translation. Wycliffe depends on volunteers of all ages and vocations to help with specific projects and with the day-to-day running of our offices around the world. For more information call Wycliffe Associates at 407-852-3800 or check the 'volunteer' box on our contact form on our website and someone will get in touch with you.