WORLDWIDE BIBLE SOCIETY

EIN: 912101762 501(c)(3) Religion

MILPITAS, CA

Total Revenue
$375,509
Total Expenses
$334,555
Total Assets
$1,162,490
Net Assets
$1,136,493
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CA
Phone
4089968388
Tax Period
2024-01-01 to 2024-12-31

WORLDWIDE BIBLE SOCIETY, founded in 2000, is a small nonprofit in the Religion sector that reported $376K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $335K left a modest 11% surplus.

Mission

WE DO BIBLE TRANSLATION WITH THE KINGDOM PERSPECTIVE, THEREFORE WE GO BEYOND MAKING "A" NEW CHINESE TRANSLATION FOR THE CHINESE ONLY; WE STRIVE TO SERVE THE ETHNIC MINORITY GROUPS IN CHINA AND OTHER COUNTRIES AS WELL. CROSSING NATIONAL AND CULTURAL BORDERS TO ADVANCE GOD'S WORD, WE AIM AT REACHING MORE CHURCH LEADERS WITH DIFFERENT TYPES AND THEMES OF BIBLE SEMINARS SO THAT THESE TRAINED WORKERS WILL CARRY THE DEEPLY-SEATED WORD OF GOD IN THEIR HEARTS AS THEY SERVE, CARE AND TEACH AMONG HIS PEOPLE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $349,989
Program Service Revenue $62,157
Investment Income $9,045
Other Revenue $-45,682
TOTAL REVENUE $375,509

Expense Breakdown

Grants Paid $145,000
Salaries & Benefits $111,178
Fundraising Expenses $9,474
Program Expenses $296,644
Other Expenses $78,377
TOTAL EXPENSES $334,555

Year-over-Year Comparison

2024 2023 Change
Revenue $375,509 $269,837 +0.4%
Expenses $334,555 $254,415 +0.3%
Net Income $40,954 $15,422 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
3
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES CHANG Director & CEO 0.00
Officer Director
$0 $0 $0
DAVID SHIUSIU CHAN Director&Secret 0.00
Officer Director
$0 $0 $0
THOMAS LEUNG Director 0.00
Director
$0 $0 $0
Enoch Wan Director 0.00
Director
$0 $0 $0
Jenny Chu Quey Director 0.00
Director
$0 $0 $0
Tong Liu Director 0.00
Director
$0 $0 $0
Paul Yung Director 0.00
Director
$0 $0 $0
Ji Kang Shue Director 0.00
Director
$0 $0 $0
Shauying Robert Kou Director 0.00
Director
$0 $0 $0
KWOK WAI CHEUNG CFO 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $375,509 $334,555 $1,162,490 $40,954
2023 $269,837 $254,415 $1,185,210 $15,422
2022 $476,490 $341,115 $1,163,651 $135,375
2021 $377,450 $217,495 $967,946 $159,955
2020 $356,546 $161,512 $811,574 $195,034
2019 $175,406 $191,480 $736,988 $-16,074
2018 $257,596 $158,830 $767,243 $98,766
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