Disclosure Statements to Donors
Contributions to World Missionary Press are tax-deductible, as provided by law and determined by the IRS. Materials or services provided by WMP are (1) of no market value, (2) not provided in consideration of a gift, and (3) considered of public benefit (not for the donor’s personal benefit), fulfilling the tax-exempt purposes of WMP.
Donor’s substantiation requirements: The IRS requires that any receipt totaling $250 or more be retained by the donor to substantiate the gift when itemizing deductions on income tax returns. Single donations of less than $250 must be substantiated by either (1) a receipt from the charity or (2) a bank record (such as a canceled check, a bank or credit union statement, or a credit card statement) which includes the name of the charity, the date, and the amount of the contribution. [See IRS Publication 526.]
Designated contributions are used for the specific purposes for which they are given. If WMP cannot fulfill the designation of any gift, it is refunded to the donor or the gift may be redesignated by the donor. Funds specified for any project which has already been fully funded by designated contributions (a rare occurrence) will be applied toward a similar project, unless requested otherwise by the donor at the time of the gift.
Transparency: WMP makes financial information available to the public. Click here to see copies of (1) audited financial statements, (2) Form 990s filed with the IRS, and/or (3) annual reports mailed to donors (Special Edition WMP NEWS). WMP has been a member in good standing of ECFA since 1982.
Charitable solicitation registrations: WMP seeks to comply with the charitable solicitation regulations of every state which has them. The current status of WMP is listed below for each state, along with any disclosure statement required by that state. We praise God for how He is using the support of His people to make His Word available throughout the world.
Summary of State Registrations as of 12-17-2012
(Being registered in a state does not imply endorsement by that state.)
Alabama – Exempt
Alaska – Initial registration completed; renews annually.
Arizona – Not required.
Arkansas – Exempt
California – Exempt
Colorado – Initial registration completed; renews annually.
Connecticut – Exempt
Delaware – Not required
District of Columbia – Not required
Florida – Exempt
Georgia – Exempt
Hawaii – Initial registration completed; renews annually.
Idaho – Not required
Illinois – Initial registration completed, exempt from annual reporting.
Indiana – Not required
Iowa – Not required
Kansas – Exempt
Kentucky – Exempt
Louisiana – Not Required.
Maine – Exempt
Maryland – Exempt
Massachusetts – Pending
Michigan – Exempt
Minnesota – Initial registration completed; renews annually.
Mississippi – Excluded
Missouri – Exempt
Montana – Not required
Nebraska – Not required
Nevada – Not required
New Hampshire – Initial registration completed; renews annually.
New Jersey – Exempt
New Mexico – Exempt
New York – Exemption confirmed
North Carolina – Exemption pending
North Dakota – Initial registration completed, renew annually.
Ohio – Exempt
Oklahoma – Exempt
Oregon – Exempt
Pennsylvania – Exemption statement submitted.
Rhode Island – Exempt
South Carolina – Exempt
South Dakota – Initial registration completed; renews annually.
Tennessee – Initial registration completed; renews annually.
Texas – Not required
Utah – Exempt
Vermont – Not required
Virginia – Initial registration completed; renews annually
A copy of the financial statement is also available from the State Office of Consumer Affairs, Department of Agriculture and Consumer Services, P.O. Box 1163, Richmond, VA 23218, or by calling (800) 552-9963 or (804) 786-2042.
Washington – Initial registration completed; renews annually
The registration statement required by the Charitable Solicitation Act is on file with the Secretary of State. Additional information can be obtained by calling 1-800-332-4483 or (360) 725-0378.
West Virginia – Initial registration completed; renews annually
West Virginia residents may obtain a summary of the registration and financial documents from the Secretary of State, State Capitol, Charleston, West Virginia 23405. Registration does not imply endorsement.
Wisconsin – Initial registration completed; renews annually
A financial statement of this charitable organization disclosing assets, liabilities, fund balances, revenue and expenses for the preceding fiscal year will be provided upon request.
Wyoming – Not required