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God's World Publications, Inc.

Rating
Sector:

Educational Media

Total
Revenue:

$10,167,000

Total
Expenses:

$9,953,000

Net
Assets:

($2,672,000)
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 83.7% 79.7%
General & Admin 12.6% 16.9%
Fundraising 6.8% 1.5%
Savings -4.3% 2.1%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
<25
<$1m$1m-
$5m
>$5m

Summary

God's World Publications, Inc. ("GWP") publishes or provides news media, books and other materials and services for Christians of all ages to assist in forming a Biblical worldview for all aspects of life. GWP was founded in 1942. God's World Publications is committed to the publishing of periodicals for adults, young people, and children that provide information and promote education through current news and practical commentary on issues before the individual Christian, the church, and the world, from a Biblical perspective. Our aim is to develop a Christian understanding of the world and to stimulate action in obedience to the Great Commission and to God's cultural mandate to subdue the earth. This organization is a nonprofit.

Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Contact Information: [ Back to top ]

Mailing Address:PO Box 2330 85 Tunnel Road 12 Innsbruck Mall
Asheville, NC
28802-8802
Website: www.gwnews.com
Phone:(828) 253-8063, (800) 951-5437
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 560538016
CEO/President: Mr. Nickolas Eicher Tax Deductible: Yes
Chairman: Mr. David Strassner Fiscal Year End: June 30
Board Size: 14 Financial info from: 990
Founder: Dr. Nelson Bell Member of ECFA: Yes
Year Founded: 1942 Member of ECFA since: 1985

Purpose [ Back to top ]

God's World Publications, Inc. ("GWP") publishes or provides news media, books and other materials and services for Christians of all ages to assist in forming a Biblical worldview for all aspects of life. GWP was founded in 1942. God's World Publications is committed to the publishing of periodicals for adults, young people, and children that provide information and promote education through current news and practical commentary on issues before the individual Christian, the church, and the world, from a Biblical perspective. Our aim is to develop a Christian understanding of the world and to stimulate action in obedience to the Great Commission and to God's cultural mandate to subdue the earth.

God's World Publications, Inc. is a content contributor to thegoodsteward.com.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Mission Statement [ Back to top ]

God's World Publications, Inc.'s Mission Statement is:

To assist Christians in forming a Biblical worldview for all aspects of life. We will do this by publishing or providing news media, books and other materials and services for Christians of all ages and within a variety of educational, church and home settings.

Program Accomplishments [ Back to top ]

God's World Publications, Inc. communicates the following accomplishments

(1) World Magazine: A Christian weekly magazine dedicated to reporting the news of the world from a Christian perspective. Approximately 100,000 paid subscribers receive the magazine.

(2) God's World News (5 graded children's papers) are published weekly during the school year. These papers reprot the news from a Christian perspective. Circulation is approximately 280,000 per week.

(3) The God's World Book Club provides children's books and other products that have been screened and approved from a Christian viewpoint. Catalogs are furnished through the God's World News Papers.

Statement of Faith [ Back to top ]

God's World Publications, Inc.'s Doctrinal Statement is:

1. God exists eternally in three persons, the Father, the Son, and the Holy Spirit. He is the sovereign Creator of the heavens and the earth and everything that is in them. He also sovereignty governs all his creatures and all their actions after the counsels of his own will.

2. God communicates with mankind through the revelation of himself. Without his initiative, human beings would never know him. In his creation, God reveals his eternal power and dominion. In Jesus Christ, his Son, who was born of a virgin and who was and is fully God and fully man, he revealed himself and his providence uniquely. Today, God is known in his written Word, the Bible, which is the inerrant and altogether authoritative revelation of him for us in all matters. The Holy Spirit applies that word and opens our eyes to its meaning, even as he opens our hearts to its application.

3. Mankind, having been first created in the image of God, fell from that happy condition by sinning against God. All human beings since Adam and Eve have inherited their sinful natures, corrupting our behavior, our understanding, and our emotions.

4. God, through the sacrificial death and bodily resurrection of Jesus Christ, has lovingly redeemed a people who are commanded to believe in him and to live holy lives through the enablement of the Holy Spirit. After Christ's bodily return to this earth to claim his people, they will reign with him in the life to come. Those who do not believe will be judged by God and made subject to his eternal punishment.
In our publishing task, we seek to be faithful to those truths as we explore the great themes of the Bible--God's creation, man's fall, and Christ's redemption --as the structural framework of a uniquely Christian world and life view.

History [ Back to top ]

Founded by Dr. Nelson Bell in 1942, as an Asheville-based Presbyterian Journal published as a tonic for the liberal apostasy that was surfacing. Needing help to run the magazine Joel Belz was recruited through the Presbyterian Church of America in 1977 as CEO.

Realizing that the magazine was wasting away, with the circulation declining to 20,000 from its peak of 40,000 and the 2/3rds of the readers were 65 years or old, Belz decided to reinvent it attracting new, young readers. In 1980 Belz proposed to his board the launch of a Christian kids' magazine distributed through church schools. The first issue of "God's World News" appeared in September 1981. By the end of the school year, its circulation and revenues topped the Journals.

Parents of readers of what Belz refers to as "the kids' papers" soon began asking for a weekly magazine of their own. In 1985, Blez hired the Gallup organization to assess the potential market. Even then, he envisioned a nondenominational publication, covering a broad range of news, not just church matters. Gallup gave it the green light and "World" debuted in March 1986. Though "World" has had it financial problems it has rebounded and after hiring Marvin Olasky as editor in 1994 the circulation grew from 30,000 to 100,000 and continues to grow in circulation today.

Ministry Needs [ Back to top ]

This organization has not offered MinistryWatch.com with specific needs to be posted on the profile. At such a time that MinistryWatch.com receives a response from the ministry, it will be posted immediately.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria categoryGradeOther Comments
Timeliness:100
Financial Information:100
Foundational Clarity:
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankEducational Media Sector
Overall Efficiency RatingStarStarStar200 of 348    21 of 38
Fund Acquisition DecisionStarStarStar200 of 348      21 of 38
Resource Allocation Decision of 348      17 of 38
Asset Utilization Decision of 348      17 of 38
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Ministry Statement or Response [ Back to top ]

This organization has not offered MinistryWatch.com with an official statement or response for their profile. This area is meant as a mechanism for the profiled ministry to communicate anything they may choose. It is open ended as to the topic, issues, facts or news to address. It is not negative if there is no official statement as many don’t have anything to add than what is already on the profile. This section is not tied to transparency or to communication in general. Many very open and talkative ministries with us choose not to post an official statement. This section is just an open ended offering to the profiled ministry for anything extra to say as they may choose.

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20102009200820072006
Return on FR Efforts10%8%10%1%0%2%
Fundraising Cost Ratio7%2%1%0%0%0%
Contributions Reliance83%19%10%9%23%18%
Fundraising Expense Ratio7%2%1%0%0%0%
Other Revenue Reliance17%81%90%91%77%82%
Operating RatiosDatabase Average20102009200820072006
Program Expense Ratio80%81%84%85%67%68%
Spending Ratio104%98%103%100%103%101%
Program Output Ratio84%80%86%85%69%69%
Savings Ratio-4%2%-3%0%-3%-1%
Reserve Accumulation Rate4%-8%11%0%6%2%
General & Admin Ratio13%17%15%15%33%32%
Investing RatiosDatabase Average20102009200820072006
Total Asset Turnover2.85x2.93x3.19x2.64x.75x27.77x
Degree of L-T Investment3.06x1.72x2.12x2.35x4.63x.1x
Current Asset Turnover5.43x5.02x6.75x6.2x3.47x2.73x
Age of Assets10.5yr(s)52.4yr(s)4.3yr(s)44.4yr(s)30.9yr(s)25.3yr(s)
Liquidity RatiosDatabase Average20102009200820072006
Current Ratio3276.63x.35x.26x.33x1.04x1.13x
Current Liabilities Ratio.38x2.89x3.82x3.07x.96x.88x
Liquid Reserve Level4.95x-4.51x-5.02x-4x.14x.51x
Solvency RatiosDatabase Average20102009200820072006
Liabilities Ratio.3x1.79x1.91x1.66x1.35x14.01x
Debt Ratio.07x.1x.11x0x0x0x
Reserve Coverage Ratio81%-27%-29%-25%-47%-47%

Financials[ Back to top ]

Balance Sheet
Assets20102009200820072006
Cash$1,062,000$458,000$612,000$336,000$535,000
Receivables, Inventories & Prepaids$902,000$1,019,000$1,062,000$412,000$376,000
Short-Term Investments$17,000$12,000$0$0$0
Total Current Assets$1,982,000$1,490,000$1,674,000$748,000$912,000
Long-Term Investments$0$0$0$14,000($3,096,000)
Fixed Assets$131,000$142,000$139,000$129,000$198,000
Other Long-Term Assets$1,287,000$1,522,000$2,119,000$2,570,000$2,076,000
Total Long-Term Assets$1,419,000$1,664,000$2,259,000$2,714,000($822,000)
TOTAL ASSETS$3,402,000$3,155,000$3,934,000$3,463,000$89,000
Liabilities20102009200820072006
Payables & Accrued Expenses$320,000$207,000$405,000$139,000$100,000
Other Current Liabilities$5,403,000$5,483,000$4,734,000$578,000$706,000
Total Current Liabilities$5,724,000$5,690,000$5,140,000$718,000$806,000
Debt$350,000$350,000$0$0$0
Other Long-Term Liabilities$0$0$1,375,000$3,959,000$448,000
Total Long-Term Liabilities$350,000$350,000$1,375,000$3,959,000$448,000
TOTAL LIABILITIES$6,074,000$6,040,000$6,515,000$4,678,000$1,255,000
Assets20102009200820072006
Unrestricted($2,727,000)($2,961,000)($2,601,000)($1,312,000)($1,257,000)
Temporarily Restricted$55,000$75,000$19,000$98,000$92,000
Permanently Restricted$0$0$0$0$0
NET ASSETS($2,672,000)($2,885,000)($2,581,000)($1,214,000)($1,165,000)
Revenue and Expenses
Revenue20102009200820072006
Total Contributions$1,909,000$999,000$943,000$572,000$441,000
Program Service Revenue$8,210,000$8,660,000$9,438,000$1,868,000$1,882,000
Membership Dues$0$0$0$0$0
Investment Income$7,000$8,000$0$37,000$126,000
Other Revenue$39,000$77,000$10,000$51,000$15,000
Total Other Revenue$8,257,000$8,746,000$9,448,000$1,957,000$2,024,000
TOTAL REVENUE$10,167,000$9,746,000$10,392,000$2,529,000$2,466,000
Expenses20102009200820072006
Program Services$8,108,000$8,425,000$8,853,000$1,734,000$1,689,000
Management & General$1,690,000$1,529,000$1,526,000$865,000$789,000
Fundraising$154,000$95,000$10,000$2,000$8,000
TOTAL EXPENSES$9,953,000$10,050,000$10,391,000$2,601,000$2,487,000
Change in Net Assets20102009200820072006
SURPLUS (DEFICIT)$213,000($304,000)$1,000($71,000)($21,000)
Other Changes in Net Assets$0$0($1,367,000)$22,000$0
TOTAL CHANGE IN NET ASSETS$213,000($304,000)($1,366,000)($49,000)($21,000)