Unfoldingword FY2023 filing

Tax-deductible

Orlando, FL501(c)(3)Since 2003ReligionEIN 14-1888977Revenue $11.0M in FY2023

On file with the IRSunfoldingword.org13485 Veterans Way Ste 460, 32827-7978 · Orlando, FLTax-exempt since Mar 2004Publicly supported charity — 170(b)(1)(A)(vi)

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Provide consulting, management, and support services for Christian organizations and ministries.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$897K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $330K a year · 4% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$897K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $641K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.5M
52% of total assets
Fine: liabilities are 52% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11.0M
+11% vs prior year
Spent
$10.8M
To programs
75%
Net assets
$1.4M
By yearFY2020–FY2025
Revenue
$11.0M
FY2023▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.3M
FY2021$5.9M
FY2022$9.9M
FY2023$11.0M
FY2024$10.7M
FY2025$9.8M
Expenses
$10.8M
FY2023▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.4M
FY2021$6.1M
FY2022$9.6M
FY2023$10.8M
FY2024$9.8M
FY2025$9.8M
Net assets
$1.4M
FY2023▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$1.2M
FY2022$1.3M
FY2023$1.4M
FY2024$2.3M
FY2025$2.3M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $8.1M Management & general 16% · $1.8M Fundraising 9% · $992K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $897K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$141,950Pt VII · Sec A
Innovation & Strategy
$140,050Pt VII · Sec A
Field Networks
$132,736Pt VII · Sec A
$132,450Pt VII · Sec A
Research & Development
$128,218Pt VII · Sec A
$111,177Pt VII · Sec A
$110,870Pt VII · Sec A
Director / Treasurer
$0Pt VII · Sec A

Timothy Jore’s $150K as Innovation & Strategy is at the 76th percentile of top reported officer pay among 1636 $1–10M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Timothy Jore$149,989$149,724$140,050$129,750$121,646$115,050
David Reeves$141,700$143,133$141,950$136,250$134,825$119,200
Christopher Klapp$140,347$136,947$128,218$118,720$112,000$112,000
Letisia Vendrell—$140,000————
James Ungaro$135,000$132,443————
Eric Steggerda$134,010$132,586$132,736$126,570$118,583$111,360
Jesse Griffin$132,200$132,300$132,450$95,300$89,750—
W Darrell Walters——$111,177$96,460$87,208—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps Christian ministries with consulting, management, and support.

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Provided by the organization

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3 programs · $7.2M · in their own filed words · FY2023
01

Whole Bible Whole Nation (WBWN) We now have 6 Whole Bible for the Whole Nation programs in progress and several more in development. These programs empower church networks to be successful in reaching the least reached in their nation with the Gospel in every language.

$4.0Mprogram expense
02

Technology Our technology portfolio saw several exciting developments in both software features and expanding the number of developers contributing to the Open Components Ecosystem (OCE). Over 50 developers participated in the OCE Hackathon from 4 global locations.

$1.7Mprogram expense
03

Strategic Language Resources .We completed development and a pilot test of Equipping Journey 1.0, an integrated translation and theological formation program. We also made progress on our Translation Book Packages by adding 48 newly completed resource sets across a handful of languages (bringing the total to 554).

$1.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$641K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$11.0M
Ln 12
Gifts and grantsLn 1h$11.0M
Other incomeLn 4–11$13K
Investment incomeLn 3$387
Money outPt IX
$10.8M
Ln 25
Programscol B$8.1M
Managementcol C$1.8M
Fundraisingcol D$992K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$3.0M
LiabilitiesLn 26$1.5M
PeoplePt VI, VII
12
listed · VII A
PaidVII A7
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11.0M
Investment incomeLn 3$387
Other incomeLn 4–11$13K
Total revenueLn 12$11.0M
Assets in detailPt X, end of year
CashLn 1$123K
SavingsLn 2$1.5M
Cash and savings togetherLn 1–2$1.6M
InvestmentsLn 11–13$55K
Land, buildings, equipmentLn 10c$565K
Other assetsLn 15$591K
Total assetsLn 16$3.0M
LiabilitiesLn 26$1.5M
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 530
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.7M$1.6M
InvestmentsLn 11–13$55K
Land, buildings, equipmentLn 10c$595K$565K
Total assetsLn 16$3.1M$3.0M
LiabilitiesLn 26$1.8M$1.5M
Net assetsLn 32$1.3M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$256K$9K$247K
Pay of disqualified personsLn 6$384K$192K$192K
Other salaries and wagesLn 7$1.9M$1.3M$170K$450K
Pension plan contributionsLn 8$45K$25K$19K$1K
Other employee benefitsLn 9$50K$50K
Legal feesLn 11b$17K$90$17K
Accounting feesLn 11c$118K$118K
Other fees for servicesLn 11g$6.4M$5.8M$195K$379K
Advertising and promotionLn 12$14K$14K
Office expensesLn 13$291K$6K$186K$100K
Information technologyLn 14$76K$47K$25K$4K
OccupancyLn 16$143K$2K$141K
TravelLn 17$707K$462K$210K$36K
Conferences, conventions and meetingsLn 19$215K$185K$21K$9K
Depreciation, depletion and amortizationLn 22$146K$1K$145K
InsuranceLn 23$17K$17K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$10.8M$8.1M$1.8M$992K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $9.8M$9.8M$60K$2.3M 990 PDF
FY2024 $10.7M$9.8M$844K$2.3M 990 PDF
FY2023 Viewing $11.0M$10.8M$153K$1.4M 990 PDF
FY2022 $9.9M$9.6M$224K$1.3M 990 PDF
FY2021 $5.9M$6.1M−$142K$1.2M 990 PDF
FY2020 $5.3M$4.4M$841K$1.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $10,976,427 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,844,959$10,963,004
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $749$387
I-11 Other revenuePrior year $8,463$13,036
I-12 Total revenuePrior year $9,854,171$10,976,427
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,530,067$2,669,928
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $7,100,016$8,153,830
I-18 Total expensesPrior year $9,630,083$10,823,758
I-19 Revenue less expensesPrior year $224,088$152,669
Part VI · Governance 5 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $10,976,427 across 4 lines filed
Lines not itemized here account for $13,036 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$10,963,004
VIII-1h Total contributions, gifts and grants$10,963,004
VIII-3 Investment incomeExcluded from tax $387$387
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $13,423$10,976,427
Part IX · Statement of functional expenses $10,823,758 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $9,308 · Management $246,869$256,177
IX-6 Pay of disqualified personsPrograms $192,095 · Management $192,197$384,292
IX-7 Other salaries and wagesPrograms $1,314,051 · Management $170,298 · Fundraising $449,670$1,934,019
IX-8 Pension plan contributionsPrograms $25,187 · Management $18,998 · Fundraising $1,255$45,440
IX-9 Other employee benefitsManagement $50,000$50,000
IX-11b Legal feesPrograms $90 · Management $17,195$17,285
IX-11c Accounting feesManagement $117,652$117,652
IX-11g Other fees for servicesPrograms $5,834,739 · Management $194,932 · Fundraising $379,312$6,408,983
IX-12 Advertising and promotionFundraising $13,740$13,740
IX-13 Office expensesPrograms $6,275 · Management $185,539 · Fundraising $99,655$291,469
IX-14 Information technologyPrograms $47,495 · Management $24,789 · Fundraising $4,116$76,400
IX-16 OccupancyPrograms $1,782 · Management $141,427$143,209
IX-17 TravelPrograms $461,652 · Management $209,586 · Fundraising $35,807$707,045
IX-19 Conferences, conventions and meetingsPrograms $185,207 · Management $21,267 · Fundraising $8,528$215,002
IX-22 Depreciation, depletion and amortizationPrograms $1,056 · Management $145,336$146,392
IX-23 InsuranceManagement $16,653$16,653
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $8,078,937 · Management $1,752,738 · Fundraising $992,083$10,823,758
Part X · Balance sheet $2,970,780 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $338,577$123,428
X-2 Savings and temporary cash investmentsStart of year $1,366,505$1,457,549
X-4 Accounts receivableStart of year $79,995$127,392
X-9 Prepaid expenses and deferred chargesStart of year $69,925$51,855
X-10c Land, buildings and equipment, netStart of year $594,634$564,700
X-11 Publicly traded securities$54,502
X-15 Other assetsStart of year $687,678$591,354
X-16 Total assetsStart of year $3,137,314$2,970,780
X-17 Accounts payable and accrued expensesStart of year $690,890$480,737
X-25 Other liabilitiesStart of year $1,158,957$1,049,907
X-26 Total liabilitiesStart of year $1,849,847$1,530,644
X-27 Net assets without donor restrictionsStart of year −$199,160−$702,483
X-28 Net assets with donor restrictionsStart of year $1,486,627$2,142,619
X-32 Total net assets or fund balancesStart of year $1,287,467$1,440,136
X-33 Total liabilities and net assetsStart of year $3,137,314$2,970,780
Part XI · Reconciliation of net assets $1,440,136 net assets at year end
XI-1 Total revenue$10,976,427
XI-2 Total expenses$10,823,758
XI-3 Revenue less expenses$152,669
XI-4 Net assets at start of year$1,287,467
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,440,136

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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