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World Reach

Rating
Sector:

Foreign Missions

Total
Revenue:

$1,553,701

Total
Expenses:

$1,454,279

Net
Assets:

$559,504
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 84% 79.1%
General & Admin 12.5% 15%
Fundraising 6.8% .4%
Savings -4.4% 6.3%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

World Reach is an interdenominational foreign mission organization serving fields in East Africa, Central America, Europe, and Asia. Its thrust is the establishment and nurturing of churches among unreached people while training national pastors and lay-leaders. World Reach, Inc. is an evangelical, nondenominational Christian missionary organization. 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: [ Back to top ]

Mailing Address:P.O. Box 26155
Birmingham, AL
35260-5260
Website: www.world-reach.org
Phone:(205) 979-2400
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 630838799
CEO/President: Mr. Timothy Prewitt Tax Deductible: Yes
Chairman: Rev. Richard Vigneulle Fiscal Year End: December 31
Board Size: 9 Financial info from: 990
Founder: Member of ECFA: No
Year Founded: 1983 Member of ECFA since:

Purpose [ Back to top ]

World Reach is an interdenominational foreign mission organization serving fields in East Africa, Central America, Europe, and Asia. Its thrust is the establishment and nurturing of churches among unreached people while training national pastors and lay-leaders.

World Reach, Inc. is an evangelical, nondenominational Christian missionary organization. World Reach is incorporated in the state of Alabama and is recognized by the Internal Revenue Service as a 501(C)(3) nonprofit organization.

Mission Statement [ Back to top ]

Need Mission Statement

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

Statement of Faith [ Back to top ]

World Reach expresses its Statement of Faith as follows:

That the Bible, consisting of sixty-six books of the Old Testament and New Testament is the inerrant and complete Word of God, the final authority in all matters of faith and practice (2Tim. 3:16-17; 2Pet. 1:20-21; Jude 3)

That there is one God, eternally existing in three Persons: Father, Son and Holy Spirit. (Deut. 6:4; Matt. 28:19; Luke 3:21-22)

That 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)

That man was created in the image of God; that he sinned and thereby incurred not only physical death, but also spiritual death which is separation from God and that, 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; 7:18; 11:32; Gal. 3:22)

That the Lord Jesus Christ died as a substitutionary and complete sacrifice for the sins of the whole world and that only those who believe in Him are saved, and this on the basis of His shed blood. (Rom. 3:24-28; 5:8-10; 1Tim. 2:5-6; 1John 2:1-2)

That the Lord Jesus Christ arose from the dead in the same body in which He was crucified; that 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)

That 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. (1Cor. 15:1-50; 1Thess. 4:13-18; Rev. 20:11-15; 21:22)

That on the sole condition of personal faith in the Lord Jesus Christ, men are born again by the Holy Spirit; that at regeneration, all believers in this age are indwelt by the Holy Spirit in the Body of Christ, and sealed by the Holy Spirit unto the day of redemption. (Rom. 3:24-28; 8:9-11; 1Cor. 12:13; Eph. 4:30)

That sanctification, which is separation unto God, is threefold: positionally, the believer was sanctified at his conversion by virtue of his union with Christ; 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; 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; 1John 3:1-3)

That 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; 1Thess. 4:13-18; Titus 2:11-14, Heb. 9:28; Phil. 3:20-21)

History [ Back to top ]

Need History Info

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 RankForeign Missions Sector
Overall Efficiency RatingStarStarStarStarStar18 of 348    4 of 54
Fund Acquisition DecisionStarStarStarStarStar18 of 348      4 of 54
Resource Allocation Decision of 348      35 of 54
Asset Utilization Decision of 348      35 of 54
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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 Average20072006200520042003
Return on FR Efforts10%0%0%0%0%0%
Fundraising Cost Ratio7%0%0%0%0%0%
Contributions Reliance83%100%100%0%0%0%
Fundraising Expense Ratio7%0%0%0%0%0%
Other Revenue Reliance17%0%0%0%0%0%
Operating RatiosDatabase Average20072006200520042003
Program Expense Ratio80%85%84%0%0%0%
Spending Ratio104%94%98%0%0%0%
Program Output Ratio84%79%82%0%0%0%
Savings Ratio-4%6%2%0%0%0%
Reserve Accumulation Rate4%18%6%0%0%0%
General & Admin Ratio12%15%16%0%0%0%
Investing RatiosDatabase Average20072006200520042003
Total Asset Turnover2.91x2.43x2.97x0x0x0x
Degree of L-T Investment3.1x3.11x4.24x0x0x0x
Current Asset Turnover5.56x7.57x12.6x0x0x0x
Age of Assets10.5yr(s)14.1yr(s)12.1yr(s)0.0yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20072006200520042003
Current Ratio3306.32x4.99x4.51x0x0x0x
Current Liabilities Ratio.39x.2x.22x0x0x0x
Liquid Reserve Level4.91x1.27x.74x0x0x0x
Solvency RatiosDatabase Average20072006200520042003
Liabilities Ratio.3x.06x.05x0x0x0x
Debt Ratio.07x0x0x0x0x0x
Reserve Coverage Ratio81%38%32%0%0%0%

Financials[ Back to top ]

Balance Sheet
Assets20072006200520042003
Cash$192,093$114,586$116,346$100,049$158,180
Receivables, Inventories & Prepaids$0$0$0$0$0
Short-Term Investments$0$0$0$0$0
Total Current Assets$192,093$114,586$116,346$100,049$158,180
Long-Term Investments$0$0$0$0$0
Fixed Assets$405,916$370,889$332,269$307,980$266,531
Other Long-Term Assets$0$0$0$0$0
Total Long-Term Assets$405,916$370,889$332,269$307,980$266,531
TOTAL ASSETS$598,009$485,475$448,615$408,029$424,711
Liabilities20072006200520042003
Payables & Accrued Expenses$38,505$25,393$15,190$27,531$45,081
Other Current Liabilities$0$0$0$0$0
Total Current Liabilities$38,505$25,393$15,190$27,531$45,081
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$38,505$25,393$15,190$27,531$45,081
Assets20072006200520042003
Unrestricted$0$0$0$0$0
Temporarily Restricted$0$0$0$0$0
Permanently Restricted$0$0$0$0$0
NET ASSETS$559,504$460,082$433,425$380,498$379,630
Revenue and Expenses
Revenue20072006200520042003
Total Contributions$1,551,410$1,470,228$1,267,396$1,250,331$1,228,207
Program Service Revenue$0$0$0$0$0
Membership Dues$0$0$0$0$0
Investment Income$2,291$193$158$901$19
Other Revenue$0$0$0$0$0
Total Other Revenue$2,291$193$158$901$19
TOTAL REVENUE$1,553,701$1,470,421$1,267,554$1,251,232$1,228,226
Expenses20072006200520042003
Program Services$1,229,185$1,208,541$1,029,854$1,073,933$872,006
Management & General$218,299$235,223$184,773$198,744$347,450
Fundraising$6,795$0$0$0$0
TOTAL EXPENSES$1,454,279$1,443,764$1,214,627$1,272,677$1,219,456
Change in Net Assets20072006200520042003
SURPLUS (DEFICIT)$99,422$26,657$52,927($21,445)$8,770
Other Changes in Net Assets$0$0$0$0($2,801)
TOTAL CHANGE IN NET ASSETS$99,422$26,657$52,927($21,445)$5,969