WBT makes known to the Christian community the opportunities for service, the need for financial and prayer support, and encourages Christians to join with it in bringing God s Word to ethnic groups around the world. WBT is a member of WBT International, an association of thirty-two organizations which carry out the work of WBT in other countries. Previously, The Seed Company was a Wycliffe Program. Individual members are responsible for identifying a supporting constituency.
Remuneration is limited to contributions given in support of the ministry of an individual.
To facilitate the work of its members, the organization provides, on a cost basis, a variety of services for these members. The financial statements include certain prior-year summarized comparative information in total, but not by net asset class. Such information does not include sufficient detail to constitute a presentation in conformity with generally accepted accounting principles. Temporarily restricted net assets include gifts for which donor-imposed restrictions have not been met, but for which the ultimate purpose of the proceeds is not permanently restricted. Permanently restricted net assets include gifts for which donor-imposed restrictions do not expire by the passage of time or cannot be fulfilled or removed by actions of WBT pursuant to those stipulations.