World Vision, Inc., U.S.

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/1/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Founded in 1950, World Vision (WV) is a Christian humanitarian organization serving the world's poorest children and families in nearly 100 countries. It exists to promote obedience to Christ's teachings by offering people opportunities to help their neighbors. The organization ministers through community-based development and focuses on meeting the needs of children, providing emergency relief, promoting justice, serving the Christian Church, increasing public awareness and understanding of global poverty, and serving as a witness to the Gospel of Jesus Christ.


Contact information

Mailing address:
World Vision, Inc., U.S.
PO Box 9716
Federal Way, WA 98063-9716

Website: www.worldvision.org

Phone: 1-888-511-6548

Email: info@worldvision.org


Organization details

EIN: 951922279

CEO/President: Edgar Sandoval Sr.

Chairman: Dr. Joan Singleton

Board size: 15

Founder: Dr. Bob Pierce

Year founded: 1950

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1979


Purpose

We are called to serve the people in greatest need around the world, to relieve their suffering and to promote the transformation of their condition of life.

We stand in solidarity in a common search for justice. We seek to understand the situation of the poor and work alongside them toward fullness of life. We share our discovery of eternal hope in Jesus Christ.

We seek to facilitate an engagement between the poor and the affluent that opens both to transformation. We respect the poor as active participants, not passive recipients, in this relationship. They are people from whom others may learn and receive, as well as give. The need for transformation is common to all. Together we share a quest for justice, peace, reconciliation, and healing in a broken world.

We regard all people as created and loved by God. We give priority to people before money, structure, systems, and other institutional machinery.

We act in ways that respect the dignity, uniqueness, and intrinsic worth of every person - the poor, the donors, our staff and their families, boards, and volunteers. We celebrate the richness of diversity in human personality, culture, and contribution.

We practice a participative, open, enabling style in working relationships. We encourage the professional, personal, and spiritual development of our staff.


Mission statement

World Vision is an international partnership of Christians whose mission is to follow our Lord and Savior Jesus Christ in working with the poor and oppressed to promote human transformation, seek justice, and bear witness to the good news of the Kingdom of God.

We pursue this mission through integrated, holistic commitment to:

Transformational development that is community-based and sustainable, focused especially on the needs of children.
Emergency relief that assists people afflicted by conflict or disaster.
Promotion of justice that seeks to change unjust structures affecting the poor among whom we work.
Partnerships with churches to contribute to spiritual and social transformation.
Public awareness that leads to informed understanding, giving, involvement, and prayer.
Witness to Jesus Christ by life, deed, word, and sign that encourages people to respond to the Gospel. (Learn about a relationship with Jesus.)


Statement of faith

World Vision, Inc., U.S. uses the following to express its Statement of Faith:

  • We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
  • We believe that there is one God, eternally existent in three persons: Father, Son, and the Holy Spirit.
  • We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.
  • We believe that for the salvation of lost and sinful man, regeneration of the Holy Spirit is absolutely essential.
  • We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.
  • We believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.
  • We believe in the spiritual unity of believers in our Lord Jesus Christ.

Articles

2/22/2021Ministries Making a Difference GRACE, World Vision, Set Free Ministries, E3 Partners

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating218 of 94025 of 76
Fund acquisition rating489 of 94242 of 76
Resource allocation rating378 of 94228 of 76
Asset utilization rating124 of 94013 of 76

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%7%8%9%9%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%7%8%9%9%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%100%99%99%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%7%8%9%9%10%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%0%1%1%1%1%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%88%87%86%85%85%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%98%101%100%96%97%
Program output ratio Program output ratio =
Program services /
Total revenue
83%86%88%86%82%82%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%2%-1%0%4%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%14%-6%1%21%17%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%5%5%5%6%6%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.633.964.133.483.233.86
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.421.541.531.481.61
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.645.616.345.324.776.20
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.013.102.753.192.972.39
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.320.360.310.340.42
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.241.451.211.551.671.12
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%29%31%30%33%40%
Debt ratio Debt ratio =
Debt /
Total assets
0%1%3%4%5%8%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
53%18%17%20%21%16%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$7,186,000$4,841,000$6,392,000$15,412,000$7,356,000
Receivables, inventories, prepaids$58,113,000$60,161,000$81,730,000$99,418,000$82,443,000
Short-term investments$120,984,000$99,176,000$10,005,000$10,236,000$11,127,000
Other current assets$28,461,000$17,189,000$100,147,000$84,555,000$58,398,000
Total current assets$214,744,000$181,367,000$198,274,000$209,621,000$159,324,000
Long-term investments$18,298,000$22,430,000$22,885,000$8,458,000$15,820,000
Fixed assets$43,501,000$47,785,000$51,251,000$50,978,000$54,260,000
Other long-term assets$27,737,000$27,037,000$30,948,000$40,378,000$26,397,000
Total long-term assets$89,536,000$97,252,000$105,084,000$99,814,000$96,477,000
Total assets$304,280,000$278,619,000$303,358,000$309,435,000$255,801,000
 
Liabilities20202019201820172016
Payables and accrued expenses$38,663,000$42,850,000$33,723,000$39,117,000$42,013,000
Other current liabilities$30,623,000$23,005,000$28,448,000$31,358,000$24,788,000
Total current liabilities$69,286,000$65,855,000$62,171,000$70,475,000$66,801,000
Debt$3,094,000$7,638,000$12,068,000$16,387,000$20,599,000
Due to (from) affiliates$8,826,000$5,279,000$10,130,000$10,212,000$2,872,000
Other long-term liabilities$6,566,000$6,573,000$5,988,000$6,464,000$11,961,000
Total long-term liabilities$18,486,000$19,490,000$28,186,000$33,063,000$35,432,000
Total liabilities$87,772,000$85,345,000$90,357,000$103,538,000$102,233,000
 
Net assets20202019201820172016
Without donor restrictions$86,324,000$77,170,000$84,589,000$72,212,000$55,798,000
With donor restrictions$130,184,000$116,104,000$128,412,000$133,685,000$97,770,000
Net assets$216,508,000$193,274,000$213,001,000$205,897,000$153,568,000
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$1,228,302,000$1,129,648,000$1,048,719,000$1,032,441,000$1,006,454,000
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$0$0$0$0$0
Other revenue$5,018,000$8,237,000$7,316,000$11,213,000$7,829,000
Total other revenue$5,018,000$8,237,000$7,316,000$11,213,000$7,829,000
Total revenue$1,233,320,000$1,137,885,000$1,056,035,000$1,043,654,000$1,014,283,000
 
Expenses20202019201820172016
Program services$1,063,854,000$996,036,000$907,463,000$854,712,000$835,346,000
Management and general$54,855,000$60,122,000$56,302,000$57,161,000$57,171,000
Fundraising$84,956,000$93,779,000$90,637,000$88,765,000$95,420,000
Total expenses$1,203,665,000$1,149,937,000$1,054,402,000$1,000,638,000$987,937,000
 
Change in net assets20202019201820172016
Surplus (deficit)$29,655,000($12,052,000)$1,633,000$43,016,000$26,346,000
Other changes in net assets($6,421,000)($7,675,000)$5,471,000$9,313,000$6,065,000
Total change in net assets$23,234,000($19,727,000)$7,104,000$52,329,000$32,411,000

Compensation

NameTitleCompensation
Edgar SandovalPresident$524,375
Richard StearnsPresident Emeritus$389,699
Margaret SchulerSr VP International$303,729
Christopher GlynnSr VP Transform Engagement$294,952
Douglas TreffTreasurer/Secretary/Sr VP$288,191
William RandolphCIO/CAO$275,307
John DaggettTreasurer/Chief Invest Off$270,173
Christine TalbotSr VP Human Resources$251,421
Sammy JacksonSr Exec Dir Philanthropy$249,021
Kathleen EvansVP Strategy & Integration$244,370
Steve McFarlandVP CLO$243,409
Ivan GomezVP Marketing Innovation$238,867
Joan MussaExec Dir Public Engagement$237,913
Gregory AllgoodChief Development Officer$232,773
Jennifer BrennerAsst Treasurer/VP Controll$205,896
Brian SytsmaAsst Secretary/Exec Direct$193,177
Eric WetterlingSr Director Accounting$163,860

Compensation data as of: 9/30/2020


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 9/1/2021. To update the information below, please email: info@ministrywatch.com


History

Dr. Bob Pierce began World Vision to help children orphaned in the Korean War.

To provide long-term, ongoing care for children in crisis, World Vision developed its first child sponsorship program in Korea in 1953. As children began to flourish through sponsorship in Korea, the program expanded into other Asian countries and eventually into Latin America, Africa, Eastern Europe and the Middle East. Today, monthly contributions from sponsors enable World Vision to provide impoverished children and their communities with access to clean water, nutritious food, education, health care and economic opportunities.

The 1960s
World Vision began its global relief efforts in the 1960s, delivering food, clothing and medical supplies to people suffering from disaster. World Vision began soliciting clothing and other surplus products from corporations to help meet the immediate needs of children and families in emergency situations. These gift-in-kind donations now account for roughly 30 percent of World Vision's income.

The 1970s
Throughout the 1960s and 1970s, donations continued to grow, and World Vision was able to reach thousands more children. At this time, World Vision realized the growing need to work with entire communities to help children and families break free from poverty. World Vision began incorporating vocational and agricultural training for families into its sponsorship efforts, and parents began learning to farm and earn money through small enterprises. These efforts to affect self-sustainable change evolved into World Vision's current community development work. Long-term development has proven central to bringing lasting hope. After meeting immediate survival needs, World Vision works with communities to help them find lasting solutions and move toward self-reliance.

The 1980s
A major benchmark of our growth occurred in the early 1980s when famine struck Ethiopia. The media coverage of the famine created unprecedented awareness of human need, and people throughout the world offered financial resources to the relief efforts. World Vision provided millions of dollars worth of food and medical assistance, saving thousands of lives from the slow, agonizing death of starvation. Once the immediate crisis subsided, World Vision began long-term efforts to help Ethiopians rebuild their lives. Today, the region that was once parched and full of death thrives with nutritious crops, fresh water and hope for the future. Also in the 1980s, World Vision began drilling wells in communities, causing infant mortality rates to drop. World Vision often uses clean water as an entry point into communities, following with other activities that create change. Once the pump is installed, World Vision trains community volunteers to become health promoters, who, in turn, teach their neighbors how to use fresh water for better health. World Vision offers classes to villagers in health care, gardening, irrigation and income generation. Villages evolve from poverty-stricken, illness-plagued communities to thriving, self-supporting, healthy ones.

The 1990s
In 1990, World Vision began addressing the urgent needs of children in Uganda who had been orphaned by AIDS. Recognizing the magnitude of the AIDS pandemic and its serious impact on decades of development efforts, World Vision began expanding its AIDS programming into other hard-hit African countries. In Romania, World Vision worked with the long-neglected orphan population and provided training to health care workers. In Somalia, World Vision joined United Nations peacekeepers to help millions affected by the civil war. World Vision launched the 30 Hour Famine early in the decade to help young people experience the effects of poverty firsthand and raise funds to make a difference for hungry children around the world. In the U.S. alone, 485,000 youth now raise more than $11 million every year through the Famine. World Vision also began actively promoting justice for children and the poor in the early 1990s, calling for an international ban on land mines, an end to child exploitation and equal opportunities for female children.

The 21st Century
In the year 2000, World Vision launched the Hope Initiative to call people to respond to what had become the greatest humanitarian crisis of our time - HIV and AIDS. By 2006, nearly 399,000 orphans and vulnerable children had been sponsored in AIDS-affected communities. World Vision is helping turn the tide against HIV and AIDS worldwide by caring for orphans and vulnerable children, preventing the spread of HIV with education based on biblical principles, and advocating for effective programs that transform communities and save lives. Following the September 11 terrorist attacks, World Vision assisted New Yorkers not covered by other aid programs. Later, it established emergency food programs for more than one million Afghanis. In 2002, World Vision, along with other NGO partners, received one of the largest emergency relief grants in history to provide food and related assistance to tens of millions of Africans affected by the decade's worst famine in Southern Africa. World Vision has continued to be a voice for the poor by helping to stop the flow of conflict diamonds fueling civil wars in Africa, deterring sex tourists who prey on innocent children abroad and calling for an end to the use of child soldiers in northern Uganda. When massive tsunamis devastated South Asia in December 2004, World Vision's 3,700 local staff began responding immediately with life-saving aid. Generous donor gifts are enabling World Vision to help families rebuild their lives over the long-term with new homes, schools, clean water, health care and economic opportunities.


Program accomplishments

Today, World Vision is helping more than 3.5 million children in nearly 100 countries.


Needs

World Vision is seeking help with child sponsorship, cash donations, volunteers, corporate/matching gifts, gifts-in-kind, gift planning/donation of stock. Please see World Vision's website for daily, urgent prayer requests of the ministry.