Add ministry to your portfolio

Pioneer Bible Translators

Rating
Sector:

Foreign Missions

Total
Revenue:

$6,449,348

Total
Expenses:

$5,798,180

Net
Assets:

$4,650,140
Email us here to send electronic copies of updated IRS Form 990 and/or Audited Financial Statements. You may also request changes to any of the non-financial content for a given ministry. Please be as specific as possible for any changes.

Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 84% 68%
General & Admin 12.5% 17.5%
Fundraising 6.8% 6.1%
Savings -4.4% 10%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

Pioneer Bible Translators' desire is to work with Jesus Christ in discipling the nations. They believe that enabling people to hear and read God's Word in their own language is an essential part of discipleship. To this end they work to translate the Bible into languages into which it has not yet been translated.

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:7500 West Camp Wisdom Rd.
Dallas, TX
75236-5236
Website: www.pioneerbible.org
Phone:(972) 708-7460
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 237433923
CEO/President: Mr. Gregory Pruett Tax Deductible: Yes
Chairman: Mr. David Butts Fiscal Year End: December 31
Board Size: 13 Financial info from: 990
Founder: Mr. Al Hamilton Member of ECFA: Yes
Year Founded: 1976 Member of ECFA since: 1989

Purpose [ Back to top ]

Pioneer Bible Translators ("PBT") exists to reach the unreached, and to bring the Good News to the Bibleless. PBT wants to reach: (1) The Bibleless people, and (2) the Unreached people that have not heard of Jesus Christ. PBT the "Unreached" as those where there is a 0% to 5% Christian population; a church does not exist within their own culture; there is little or no missionary presence; there is no access to Scripture in their own language. That leaves 2.2 billion people among 1739 people groups. PBT currently has over 100 missionaries serving in the following different capacities: Translators, Literacy Workers, Computer Services, Medical Workers, Engineers, Administration, Bookkeepers, MK Teachers, Printers, and many more. They have entered and worked in 27 different language groups around the world.

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 ]

Pioneer Bible Translators' Mission Statement is:

To disciple the nations by...
Providing Scripture in the language of the people,
Developing mother-tongue literacy programs,
Establishing and Strengthening indigenous churches,
Training national leaders for partnership in reaching our goals,

Program Accomplishments [ Back to top ]

  • Papua New Guinea: The Aruamu New Testament was typeset and sent to be printed.
  • The Angaua people received the book of Mark – their first complete book of Scripture in their own Nend language.
  • A first draft of the entire New Testament in Akighim was generated using the Aruamu text and specialized computer software tools.
  • West Africa: Translation teams continued making rapid progress toward completing New Testaments and entire Bibles in several languages.
  • A medical outreach to a Muslim community sponsored by another mission resulted in an unprecedented openness to the Gospel in two language groups that PBT desires to serve.
  • Ukraine: Translation of the Prophet series – a set of booklets presenting each of the Biblical prophets recognized by Islam, using Scripture from both the Old and New Testaments – was completed.
  • PBT missionaries continued to minister with love and compassion in order to break down barriers of resistance to the Gospel.
  • Tanzania: In partnership with Word for the World, PBT conducted an introductory translator training course attended by 34 students from 22 different languages.
  • PBT missionaries led another prayer journey in southeastern Tanzania, a stronghold of spiritual darkness where they desire to bring the Light of the World.
  • In partnership with the Bible Society of Tanzania, work progressed rapidly on the New Testament in one of the languages in which they have committed to serve.
  • Mainland Southeast Asia: PBT’s first teams arrived in Thailand to learn the Thai language and begin building relationships.
  • Initial groundwork was laid for eventual ministry in several Southeast Asian languages spoken by people living in areas highly resistant to Christianity.

    Statement of Faith [ Back to top ]

    Pioneer Bible Translators' Statement of Faith is:

    Pioneer Bible Translators accepts Jesus Christ as Savior and Lord. He is the only begotten Son of God who died on the cross for the salvation of all mankind. God raised Him from the dead and this is our assurance of salvation.

    All that Pioneer Bible Translators does is done under the sovereign Lordship of Christ and with the intention of making Him Savior and Lord over all the world.

    God has offered to every person everywhere the forgiveness of sins, the Spirit of God, and the inheritance yet to come on the basis of what Christ has done to save us.

    In order to receive this gift of grace, God summons everyone to faith in Christ, repentance from sin, confession of Jesus as Lord, and on that basis, immersion into Christ.

    We accept the Bible as being the Word of God. We regard the Bible as our authority in matters of religion and as the basis of all our faith and practice. True knowledge of the Lord Jesus Christ comes to us through the Word of God.

    Pioneer Bible Translators recognizes that Jesus Christ created the Church, and that it is made up of all those who have obeyed the Gospel and belong to Jesus Christ, the Head of the Church.

    The nature of the Church as a people of God is determined by the Holy Spirit, whose presence within it gives the Church it's life and power.

    The mission of the Church is to bring the message of salvation through Christ to all mankind, and summon them to obedience to Him as Savior and Lord.

    History [ Back to top ]

    Pioneer Bible Translators was founded by Al Hamilton in 1976. He served as its first President. The first Pioneer Mission Institute was held on the Campus of Lincoln Christian College in 1976. In 1977 the first missionaries were sent out to Papua New Guinea. In 1980 PBT's sent its first missionary family to Zaire. In subsequent years missions have been opened in Guinea, West Africa, in Equatorial Guinea, Canada, Tanzania, and the Ukraine. PBT participation in the translation of the Bible into the local languages has serve to facilitate the spread of the Gospel in these areas.

    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 : B
    Criteria categoryGradeOther Comments
    Timeliness:7011/16/2011 9:05:40 AM: Organization made financial information available greater than 7 ½ months.
    Financial Information:100
    Foundational Clarity:
    Level of Cooperation:
    Click here to compare ministries on transparency and other stats
    Click here to learn more about how ministries are graded

    MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

    Ranking CategoryRatingOverall RankForeign Missions Sector
    Overall Efficiency RatingStarStarStar148 of 348    30 of 54
    Fund Acquisition DecisionStarStarStar148 of 348      30 of 54
    Resource Allocation Decision of 348      11 of 54
    Asset Utilization Decision of 348      11 of 54
    Learn how the ratings are calculated for this ministry
    Learn how ratings are calculated in general -- or here for a longer explanation
    Click here to compare ministries

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%6%5%6%5%6%
Fundraising Cost Ratio7%6%5%5%5%6%
Contributions Reliance83%96%98%96%96%96%
Fundraising Expense Ratio7%7%6%20%6%6%
Other Revenue Reliance17%4%2%4%4%4%
Operating RatiosDatabase Average20102009200820072006
Program Expense Ratio80%76%76%64%78%80%
Spending Ratio104%90%90%26%84%94%
Program Output Ratio84%68%69%17%65%75%
Savings Ratio-4%10%10%74%16%6%
Reserve Accumulation Rate4%14%15%112%27%11%
General & Admin Ratio12%18%18%15%16%14%
Investing RatiosDatabase Average20102009200820072006
Total Asset Turnover2.91x1.16x1.24x.39x1.33x1.63x
Degree of L-T Investment3.1x1.94x1.49x1.57x1.38x1.75x
Current Asset Turnover5.56x2.26x1.85x.61x1.84x2.86x
Age of Assets10.5yr(s)14.3yr(s)13.7yr(s)10.1yr(s)9.2yr(s)7.3yr(s)
Liquidity RatiosDatabase Average20102009200820072006
Current Ratio3306.32x7.4x9.15x18.54x33.55x9.63x
Current Liabilities Ratio.39x.14x.11x.05x.03x.1x
Liquid Reserve Level4.91x4.6x5.77x18.56x6.33x3.77x
Solvency RatiosDatabase Average20102009200820072006
Liabilities Ratio.3x.07x.07x.03x.02x.06x
Debt Ratio.07x0x0x0x0x0x
Reserve Coverage Ratio81%80%75%249%73%58%

Financials[ Back to top ]

Balance Sheet
Assets20102009200820072006
Cash$2,468,430$2,805,572$2,182,015$2,284,832$1,355,363
Receivables, Inventories & Prepaids$101,800$47,378$1,633$16,621$25,680
Short-Term Investments$0$0$0$0$0
Total Current Assets$2,570,230$2,852,950$2,183,648$2,301,453$1,381,043
Long-Term Investments$0$0$0$0$0
Fixed Assets$2,405,993$1,371,851$1,203,844$858,719$923,180
Other Long-Term Assets$21,440$28,395$36,110$14,921$113,354
Total Long-Term Assets$2,427,433$1,400,246$1,239,954$873,640$1,036,534
TOTAL ASSETS$4,997,663$4,253,196$3,438,300$3,175,093$2,417,577
Liabilities20102009200820072006
Payables & Accrued Expenses$347,523$311,756$117,788$68,601$143,457
Other Current Liabilities$0$0$0$0$0
Total Current Liabilities$347,523$311,756$117,788$68,601$143,457
Debt$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$347,523$311,756$117,788$68,601$143,457
Assets20102009200820072006
Unrestricted$2,370,741$1,405,451$1,287,315$887,159$944,528
Temporarily Restricted$2,279,399$2,535,989$2,033,197$2,219,333$1,329,592
Permanently Restricted$0$0$0$0$0
NET ASSETS$4,650,140$3,941,440$3,320,512$3,106,492$2,274,120
Revenue and Expenses
Revenue20102009200820072006
Total Contributions$6,220,279$5,747,966$4,874,626$4,873,181$4,036,913
Program Service Revenue$45,884$30,464$43,443$0$9,204
Membership Dues$0$0$0$0$0
Investment Income$61,879$31,166$55,219$117,442$57,509
Other Revenue$121,306$74,703$88,208$72,886$85,698
Total Other Revenue$229,069$136,333$186,870$190,328$152,411
TOTAL REVENUE$6,449,348$5,884,299$5,061,496$5,063,509$4,189,324
Expenses20102009200820072006
Program Services$4,386,611$4,032,145$859,781$3,280,520$3,148,713
Management & General$1,016,536$952,201$203,958$685,097$550,019
Fundraising$395,033$300,403$271,686$265,520$245,258
TOTAL EXPENSES$5,798,180$5,284,749$4,847,476$4,231,137$3,943,990
Change in Net Assets20102009200820072006
SURPLUS (DEFICIT)$651,168$599,550$214,020$832,372$245,334
Other Changes in Net Assets$0$0$0$0$0
TOTAL CHANGE IN NET ASSETS$651,168$599,550$214,020$832,372$245,334