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Wycliffe Associates Inc.

Rating
Sector:

Evangelism Support

Total
Revenue:

$12,543,000

Total
Expenses:

$11,932,000

Net
Assets:

$2,865,000
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 84% 56.5%
General & Admin 12.5% 12.3%
Fundraising 6.8% 26.8%
Savings -4.4% 4.8%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

Wycliffe Associates, Inc. ("Wycliffe Associates") is an affiliated organization of Wycliffe Bible Translators, Inc. ("WBT"). The organization is responsible for recruiting and sending Bible translators and support workers from the United States to where they are needed to do Bible translation work around the world. Wycliffe Associates is committed to involving lay people in Bible translation and furthering the work of WBT through programs of prayer, missionary support, construction projects, recruitment, missionary services and special projects. Wycliffe Associates was founded in 1967.

This organization is a nonprofit. Contributions to it are fully 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 2000 202 S Prospect Street
Orange, CA
92859-2859
Website: www.wycliffeassociates.org
Phone:(714) 639-9950, (800) 843-9673
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 952584324
CEO/President: Mr. Bruce Smith Tax Deductible: Yes
Chairman: Mr. Paul King Fiscal Year End: September 30
Board Size: 14 Financial info from: 990
Founder: Mr. Cameron Townsend Member of ECFA: Yes
Year Founded: 1967 Member of ECFA since: 1980

Purpose [ Back to top ]

Wycliffe Associates, Inc. ("Wycliffe Associates") is an affiliated organization of Wycliffe Bible Translators, Inc. ("WBT"). The organization is responsible for recruiting and sending Bible translators and support workers from the United States to where they are needed to do Bible translation work around the world. Wycliffe Associates is committed to involving lay people in Bible translation and furthering the work of WBT through programs of prayer, missionary support, construction projects, recruitment, missionary services and special projects. Wycliffe Associates was founded in 1967.

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

Mission Statement [ Back to top ]

Wycliffe Associates uses the following to express its mission:

Wycliffe Associates is a ministry which supports the work of Wycliffe Bible Translators, Inc., by providing programs and services that encourage and allow people to become directly involved in Bible translation. As people are blessed in accordance with Matthew 10:41, resources of prayer, skills, time, and money are developed and channeled to Wycliffe.

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

Statement of Faith [ Back to top ]

Wycliffe Associates uses the following to communicate its values:

"We adhere to the following truths:

The divine inspiration and consequent authority of the whole canonical Scriptures.

The doctrine of the Trinity.

The fall of man, his consequent moral depravity, and his need of regeneration.

The atonement through the substitutionary death of Christ.

The resurrection of the body, in the case of the just and the unjust.

The eternal life of the saved and the eternal punishment of the lost."

History [ Back to top ]

Organized in 1967 by supporters and friends of Wycliffe missionaries, Wycliffe Associates is the lay ministry of Wycliffe Bible Translators. More than 55,000 members and friends are now involved in a personal way with Bible translation. They experience the excitement and fulfillment of hands-on involvement in the task of Bible translation.

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:7011/18/2011 10:35:45 AM: Organization made financial information available greater than 7 ½ months.
Financial Information:100
Foundational Clarity:10011/18/2011 10:35:38 AM: Descriptive information was abundant and thorough.
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankEvangelism Support Sector
Overall Efficiency RatingStar343 of 348    36 of 37
Fund Acquisition DecisionStar343 of 348      37 of 37
Resource Allocation Decision of 348      35 of 37
Asset Utilization Decision of 348      35 of 37
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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 Average20082007200620052004
Return on FR Efforts10%27%34%35%0%0%
Fundraising Cost Ratio7%27%33%34%0%0%
Contributions Reliance83%99%98%98%0%0%
Fundraising Expense Ratio7%28%33%35%0%0%
Other Revenue Reliance17%1%2%2%0%0%
Operating RatiosDatabase Average20082007200620052004
Program Expense Ratio80%59%56%54%0%0%
Spending Ratio104%95%100%97%0%0%
Program Output Ratio84%57%55%52%0%0%
Savings Ratio-4%5%0%3%0%0%
Reserve Accumulation Rate4%21%1%11%0%0%
General & Admin Ratio12%12%11%11%0%0%
Investing RatiosDatabase Average20082007200620052004
Total Asset Turnover2.91x1.15x2.8x3.22x0x0x
Degree of L-T Investment3.1x1.07x1.2x1.32x0x0x
Current Asset Turnover5.56x1.24x3.35x4.26x0x0x
Age of Assets10.5yr(s)19.9yr(s)12.9yr(s)11.1yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20082007200620052004
Current Ratio3306.32x13.93x5.69x5.26x0x0x
Current Liabilities Ratio.39x.07x.18x.19x0x0x
Liquid Reserve Level4.91x9x2.95x2.28x0x0x
Solvency RatiosDatabase Average20082007200620052004
Liabilities Ratio.3x.72x.4x.14x0x0x
Debt Ratio.07x0x0x0x0x0x
Reserve Coverage Ratio81%24%21%27%0%0%

Financials[ Back to top ]

Balance Sheet
Assets20082007200620052004
Cash$9,451,000$2,858,000$1,998,000$2,030,000$1,951,000
Receivables, Inventories & Prepaids$191,000$283,000$395,000$272,000$236,000
Short-Term Investments$0$0$0$0$0
Total Current Assets$9,643,000$3,141,000$2,394,000$2,302,000$2,188,000
Long-Term Investments$0$0$0$0$0
Fixed Assets$595,000$434,000$358,000$358,000$414,000
Other Long-Term Assets$116,000$188,000$416,000$400,000$472,000
Total Long-Term Assets$712,000$623,000$775,000$759,000$886,000
TOTAL ASSETS$10,355,000$3,765,000$3,169,000$3,061,000$3,075,000
Liabilities20082007200620052004
Payables & Accrued Expenses$692,000$551,000$455,000$647,000$503,000
Other Current Liabilities$0$0$0$0$0
Total Current Liabilities$692,000$551,000$455,000$647,000$503,000
Debt$0$0$0$0$0
Other Long-Term Liabilities$6,797,000$958,000$0$0$0
Total Long-Term Liabilities$6,797,000$958,000$0$0$0
TOTAL LIABILITIES$7,489,000$1,510,000$455,000$647,000$503,000
Assets20082007200620052004
Unrestricted$1,040,000$812,000$1,384,000$1,008,000$1,349,000
Temporarily Restricted$1,824,000$1,442,000$1,329,000$1,405,000$1,222,000
Permanently Restricted$0$0$0$0$0
NET ASSETS$2,865,000$2,254,000$2,714,000$2,414,000$2,571,000
Revenue and Expenses
Revenue20082007200620052004
Total Contributions$12,410,000$10,369,000$10,261,000$8,179,000$7,555,000
Program Service Revenue$23,000$2,000$52,000$21,000$17,000
Membership Dues$52,000$65,000$85,000$97,000$102,000
Investment Income$41,000$97,000$83,000$77,000$85,000
Other Revenue$15,000$21,000$15,000$19,000$44,000
Total Other Revenue$132,000$187,000$238,000$215,000$251,000
TOTAL REVENUE$12,543,000$10,556,000$10,499,000$8,395,000$7,807,000
Expenses20082007200620052004
Program Services$7,096,000$5,855,000$5,457,000$4,684,000$4,401,000
Management & General$1,472,000$1,186,000$1,137,000$1,103,000$1,081,000
Fundraising$3,363,000$3,497,000$3,604,000$2,764,000$2,424,000
TOTAL EXPENSES$11,932,000$10,539,000$10,199,000$8,552,000$7,907,000
Change in Net Assets20082007200620052004
SURPLUS (DEFICIT)$610,000$17,000$300,000($157,000)($100,000)
Other Changes in Net Assets$0($477,000)$0$0$0
TOTAL CHANGE IN NET ASSETS$610,000($459,000)$300,000($157,000)($100,000)