"> MINISTRY SPOTLIGHT: – Ministry Watch

Type to search

Ministry Spotlight

MINISTRY SPOTLIGHT:

Unfolding Word

Rod Pitzer

Summary:  Unfolding Word began in 2004 focused on Bible translation; however it has adapted a different approach than traditional translation models, by using open sourced, cutting-edge technology resources so that people around the world can quickly and reliably translate the Bible into their own language.  Open source software is an alternative to proprietary software and represents a different model for the development and licensing of commercial software code than that typically used for proprietary software. Because open source software code, generally, is freely shared, there are customarily no licensing fees for the use of open source software. Therefore, the Organization does not recognize revenue from the licensing of the code itself. Opportunities for further innovation of the Organization’s offerings are supplemented by donor contributions. The aim of Unfolding Word is to equip, resource and publish biblical translation content.

MinistryWatch Financial Efficiency Rating:  4 Star (out of a possible 5 Stars)

MinistryWatch Transparency Grade:  A

ECFA Member?  Yes

Revenue in Most Recent Year Available (2019):  $4,239,007

Five-Year Revenue Trend:  Significantly Increasing   (by about 1,500 percent change)

Percent of Revenue Unfolding Word Spends on Fundraising:  1 percent 

Percent Peer Group Spends on Fundraising:  9 percent

President:  David Reeves

President’s Salary and Other Compensation: $114,988

Complete MinistryWatch profile for Unfolding Word can be found here.

Find recent MinistryWatch articles mentioning Unfolding Word here.

Access to MinistryWatch content is free.  However, we hope you will support our work with your prayers and financial gifts.  To make a donation, click here.

Tags:
Rod Pitzer
Rod Pitzer

Rodney Pitzer, Certified Fraud Examiner since 2005, has worked for audit and investigative organizations, including Oregon Department of Justice's Charitable Activities, and being Director of the Oregon Board of Tax Professionals in 1999. In 2011 founded AVOWED.org, ministering to widows, elderly and the disabled, and now scheduled to plant a church in Corpus Christi, Texas.

    1

Leave a Comment

Your email address will not be published. Required fields are marked *