Media Dream / Alkarma TV
The information on this page was last updated 5/30/2023. If you see errors or omissions, please email: [email protected]
Summary
We broadcast and produce quality, culturally sensitive television programs that will minister to the needs of the Arabic speaking community in the U.S. and around the world. Through our teaching and LIVE interactive programming, we help build the body of Christ based on Biblical principles, by providing encouragement and discipleship in the lives of men, women, their families and communities.
Alkarma TV is a free satellite channel that broadcasts 24/7 from satellites that cover North and South America, the Middle East, North Africa, Australia and Europe. Alkarma can also be watched online on personal computers, smartphones, and IPTV Systems.
Contact information
Mailing address:
Alkarma TV
PO Box 3610
Seal Beach, CA 90740
Website: en.alkarmatv.com
Phone: 714-709-4300
Email: [email protected]
Organization details
EIN: 201585986
CEO/President: Samuel Estefanos
Chairman:
Board size: 5
Founder: Samuel and Mona Estefanos
Ruling year: 2007
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2012
Purpose
Alkarma TV is an Arabic Christian Channel purposing to fulfill the Great Commission: "Go into all the world and preach the gospel to every creature, making disciples of all nations" Mark 16:15.
Vision: To spread the message of the love of our Lord Jesus Christ to Arabs everywhere. To broadcast programs that will help build the body of Christ based on Biblical principles and to provide encouragement in the lives of individuals, families, and communities through the love of Jesus Christ.
Mission statement
Our mission is to reach out to all Arabs with the saving message of the Gospel. We believe that through the Living Word and the work of the Holy Spirit, Jesus Christ has changed, and is still every day changing lives, all over the world.
Alkarma TV Network delivers the powerful and uncompromised message of the gospel primarily to the world's Arabic speaking and Muslim populations through satellite and social media. Our labor to harvest souls and build the body of Christ is facilitated through the production and broadcasting of powerful programs that focus on evangelism, apologetics, discipleship, prayer, and worship. Alkarma TV's ministry is a crucial tool of evangelism in our present-day world for two reasons: 1. While countless people across the globe may not have access to a church, Bible or missionary work, a great deal of them possesses a television set. 2. Millions of Alkarma's Arabic and Muslim viewers listen to the gospel from their TV sets in the privacy of their own homes because they would suffer persecution if this became public knowledge.
Through Christian Media, the Word of the Lord cannot be bound!
Statement of faith
Alkarma TV believes that the Bible is the inspired and the only infallible and authoritative written Word of God. We believe in The Trinity, One God, who is eternally existent in three persons; God the Father, God the Son, and God the Holy Spirit.
We believe in the deity of our Lord Jesus Christ, in His birth from a virgin, in His sinless life, in His miracles, in His atoning death, in His bodily resurrection, in His ascension to the right hand of the Father, and in His future return to this earth in power and glory to judge the living and the dead.
We believe that the only way of being cleansed of sin and receiving the free gift of eternal life is through repentance and faith in the precious shed blood of Jesus Christ and accepting Him as Personal Savior and Lord of life.
We believe in the sanctifying power of the Holy Spirit by whose indwelling the Christian is enabled to live a holy and victorious life.
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Radio/ TV Stations
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 102 of 1118 | 4 of 28 | |
Fund acquisition rating | 106 of 1119 | 4 of 28 | |
Resource allocation rating | 24 of 1119 | 3 of 28 | |
Asset utilization rating | 626 of 1118 | 14 of 28 |
Financial ratios
Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 1% | 1% | 1% | 1% | 3% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 1% | 1% | 1% | 1% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 82% | 82% | 100% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 1% | 1% | 1% | 1% | 3% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 18% | 18% | 0% | 0% | 0% | 0% |
Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 78% | 97% | 96% | 96% | 97% | 91% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 65% | 78% | 98% | 96% | 106% |
Program output ratio Program output ratio = Program services / Total revenue | 74% | 63% | 75% | 94% | 93% | 97% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 35% | 22% | 2% | 4% | -6% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | 22% | 15% | 2% | 3% | -4% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 16% | 3% | 3% | 3% | 2% | 5% |
Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.38 | 0.39 | 0.48 | 0.52 | 0.58 | 0.60 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.02 | 2.18 | 3.60 | 4.50 | 5.82 | 6.09 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.01 | 0.86 | 1.74 | 2.36 | 3.39 | 3.63 |
Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.86 | 119.60 | 23.74 | 16.21 | 12.30 | 14.36 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.01 | 0.04 | 0.06 | 0.08 | 0.07 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 11.73 | 13.88 | 6.61 | 4.78 | 3.25 | 3.08 |
Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 13% | 5% | 11% | 19% | 16% | 19% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 2% | 6% | 8% | 10% | 14% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 191% | 242% | 184% | 155% | 144% | 137% |
Financials
Balance sheet | |||||
Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Cash | $3,598,456 | $1,513,205 | $878,683 | $1,116,752 | $970,748 |
Receivables, inventories, prepaids | $194,728 | $97,622 | $166,008 | $97,352 | $182,298 |
Short-term investments | $600,691 | $600,691 | $600,691 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $4,393,875 | $2,211,518 | $1,645,382 | $1,214,104 | $1,153,046 |
Long-term investments | $1,101,735 | $1,005,386 | $903,260 | $807,173 | $710,055 |
Fixed assets | $3,999,716 | $4,668,373 | $4,781,069 | $4,957,755 | $5,081,366 |
Other long-term assets | $81,500 | $81,500 | $81,500 | $81,500 | $81,500 |
Total long-term assets | $5,182,951 | $5,755,259 | $5,765,829 | $5,846,428 | $5,872,921 |
Total assets | $9,576,826 | $7,966,777 | $7,411,211 | $7,060,532 | $7,025,967 |
Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
Payables and accrued expenses | $36,739 | $93,147 | $101,502 | $98,737 | $80,287 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $36,739 | $93,147 | $101,502 | $98,737 | $80,287 |
Debt | $164,807 | $466,732 | $606,282 | $737,821 | $976,708 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $252,376 | $311,018 | $700,255 | $318,279 | $244,806 |
Total long-term liabilities | $417,183 | $777,750 | $1,306,537 | $1,056,100 | $1,221,514 |
Total liabilities | $453,922 | $870,897 | $1,408,039 | $1,154,837 | $1,301,801 |
Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Without donor restrictions | $9,122,904 | $7,095,880 | $6,003,172 | $5,905,695 | $5,724,166 |
With donor restrictions | $0 | $0 | $0 | $0 | $0 |
Net assets | $9,122,904 | $7,095,880 | $6,003,172 | $5,905,695 | $5,724,166 |
Revenues and expenses | |||||
Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
Total contributions | $4,755,966 | $4,941,059 | $3,975,496 | $4,297,087 | $3,957,309 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $1,038,440 | $85 | $151 | ($572) | $2,658 |
Other revenue | $0 | $0 | $0 | $0 | $0 |
Total other revenue | $1,038,440 | $85 | $151 | ($572) | $2,658 |
Total revenue | $5,794,406 | $4,941,144 | $3,975,647 | $4,296,515 | $3,959,967 |
Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
Program services | $3,635,722 | $3,695,836 | $3,733,637 | $3,982,283 | $3,824,803 |
Management and general | $95,717 | $117,766 | $110,992 | $74,075 | $229,703 |
Fundraising | $35,943 | $34,834 | $33,541 | $58,630 | $130,316 |
Total expenses | $3,767,382 | $3,848,436 | $3,878,170 | $4,114,988 | $4,184,822 |
Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Surplus (deficit) | $2,027,024 | $1,092,708 | $97,477 | $181,527 | ($224,855) |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $2,027,024 | $1,092,708 | $97,477 | $181,527 | ($224,855) |
Compensation
Name | Title | Compensation |
Samuel Estefanos | Founder and President | $97,708 |
Compensation data as of: 12/31/2022
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/30/2023. To update the information below, please email: [email protected]
History
From a vision in 2002, in a few years, Alkarma has grown exponentially from its humble beginnings of a garage studio to the global ministry it is today. The journey of Alkarma was, and still is, a constant endeavor of faith and complete reliance on God's faithfulness to continue the good work He started in us. Alkarma, meaning "The Vine" in Arabic, was founded on Christ's commandment to fulfill the Great Commission in preparation for His return.
Program accomplishments
AKTV has many different channels that broadcast 8,760 hours (24 hours a day, 365 days a year) of programming annually on 7 satellites, reaching Muslim and Christian Arabic speakers around the world. AKTV produces approximately 1,000 hours annually of programming in its studios.
Needs
As we strive to serve the Lord on a scale that keeps expanding, our financial obligations continue to greatly increase. Alkarma is in great need of your financial support to strengthen the ministry. We are confident that with your prayers, your encouragement, and your financial support, God will continue His work and will fulfill the ministry needs. Your financial support is the practical way to help cover the expenses of the operation. Alkarma TV is a non-profit organization and all donations are tax deductible. You will receive a tax-deduction receipt for your donation.