TWR (aka Trans World Radio)

The information on this page was last updated 5/27/2022. If you see errors or omissions, please email: info@ministrywatch.com


Summary

Many people around the world are separated from God, living without hope. We believe in the redemptive power of Jesus. That's why we use media / radio / apps / video so individuals across the globe can hear the good news.

For more than 65 years, God has enabled TWR (also known as Trans World Radio) to be a faithful friend and to provide hope in a dark world.

TWR is a long-time member of the Evangelical Council for Financial Accountability, so you can be assured of TWR's commitment to the highest standards of financial accountability. At least 85% of TWR's operating expenses each year goes directly to fund our global media outreach.


Contact information

Mailing address:
Trans World Radio
PO Box 8700
Cary, NC 27512

Website: twr.org

Phone: (919)460-3700

Email: socialmedia@twr.org


Organization details

EIN: 221690564

CEO/President: Lauren Libby

Chairman: Mr. Jeff Jones

Board size: 14

Founder: Dr. Paul E. Freed

Ruling year: 1961

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1987


Purpose

We are called to reach the world for Christ by mass media so that lasting fruit is produced.


Mission statement

We exist to assist the Church in fulfilling the command of Jesus Christ to make disciples of all peoples, and to do so by using and making available mass media to:

  • Proclaim the gospel of salvation to as many people as possible.
  • Instruct believers in biblical doctrine and daily Christ-like living.
  • Model our message through our corporate and cooperative relationships.

Statement of faith

Trans World Radio uses the following to express its faith:

WE BELIEVE:
1. In one Holy, Almighty God, eternally existing in three persons, the Father, the Son and the Holy Spirit, co-eternal in being, co-identical in nature, co-equal in power and glory, each with distinct personal attributes, but without division of nature, essence or being. (Biblical Reference: Deuteronomy 6:4, Matthew 28:19, John 1:1-2, II Corinthians 13:14, Philippines 2:6)

2. In the verbal and plenary inspiration of the Old and New Testaments; that they are infallible, inerrant in the original writings, and the final authority for faith and life. (Biblical Reference: II Timothy 3:16, II Peter 1:20-21, Matthew 5:18, John 16:12- 13)

3. That the Lord Jesus Christ, the eternal Son of God, without ceasing to be God, became man by the Holy Spirit and virgin birth; that he lived a sinless life on earth; that he died at Calvary as a satisfactory substitutionary sacrifice for sinners; that his body was buried in and arose from the tomb; that he ascended to Heaven and was glorified as a man at God's right hand; that He is coming again for His own and then to set up His Kingdom. (Biblical Reference: John 1:1, Matthew 1:20-23, II Corinthians 5:21, Hebrews 1:3, Hebrews 10:12, John 16: 7-11, Matthew 19:28, Matthew 25:31, II Timothy 2:8)

4. That the Holy Spirit is a divine person who convicts the world of sin, of righteousness and of judgement; that He is that supernatural agent in regeneration by whom all believers are baptized into the body of Christ; that he indwells and seals them until the day of redemption. He is the divine teacher and helper who guides believers into all truth; it is the privilege of all believers to be filled with the spirit. (Biblical Reference: John 16:7-15, 1 Corinthians 12:13, II Corinthians 1:22, Ephesians 1:13)

5. That God created man in His own image and in the state of innocence. Through Adam's transgression "sin entered the world, and death through sin;" and consequently, mankind inherited a corrupt nature, being born in sin and under condemnation. As soon as men are capable of moral action, they become actual transgressors in thought, word and deed. (Biblical Reference: Genesis 1:26-27, Romans 5:12, Romans 3:23, I John 1:8, Ephesians 2:3)

6. That salvation is a gift of God brought to men by grace and received only through personal repentance for sin and faith in the person and the finished work and atoning blood of Jesus Christ. (Biblical Reference: Ephesians 1:7, 2:1-10, John 1:12)

7. In the bodily resurrection of all men, the saved to eternal life and the unsaved to everlasting punishment. That the souls of the redeemed are, at death absent from the body and present with the Lord where, in conscious bliss they await the first resurrection when spirit, soul, and body are reunited to be glorified forever with the Lord. (Biblical Reference: Revelation 20, Acts 24:25, John 5:28-29, Luke 16:19-31, II Corinthians 5:8, I Thessalonians 4:14-17, I John 3:2)

8. That the church universal is a spiritual organism composed of the regenerated who are baptized into that body by the Holy Spirit at the time of the new birth and that the local church, the visible manifestation of the body, has the responsibility to provide for the fellowship and edification of believers and to propagate the Gospel into the world. (Biblical Reference: Acts 2, I Corinthians 12:13, Ephesians 5:27, Mark 16:15)

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Transparency grade

C

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Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating889 of 103196 of 123
Fund acquisition rating889 of 103396 of 123
Resource allocation rating506 of 103357 of 123
Asset utilization rating839 of 1031102 of 123

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%14%17%13%14%16%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%8%9%7%7%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%54%53%54%54%49%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%9%9%7%8%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%46%47%46%46%51%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%85%85%87%87%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%83%98%96%98%95%
Program output ratio Program output ratio =
Program services /
Total revenue
78%70%83%83%86%82%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%17%2%4%2%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
10%18%2%5%2%5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%6%6%6%6%6%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.180.670.730.790.800.63
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.791.912.092.171.93
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.661.201.391.651.731.22
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
21.026.764.365.445.275.38
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.150.230.180.190.19
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.688.556.675.955.628.01
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%25%31%30%31%37%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
77%112%95%89%86%100%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$18,464,893$13,707,923$8,781,497$9,837,540$9,300,294
Receivables, inventories, prepaids$3,133,682$4,249,624$5,734,004$3,560,189$3,886,576
Short-term investments$10,485,260$8,538,141$8,611,189$8,603,111$8,777,303
Other current assets$0$0$0$0$0
Total current assets$32,083,835$26,495,688$23,126,690$22,000,840$21,964,173
Long-term investments$733,430$943,362$1,161,176$1,013,445$915,334
Fixed assets$15,092,651$15,068,367$15,690,276$16,092,053$11,014,800
Other long-term assets$9,409,853$8,109,819$8,399,647$8,614,533$8,560,025
Total long-term assets$25,235,934$24,121,548$25,251,099$25,720,031$20,490,159
Total assets$57,319,769$50,617,236$48,377,789$47,720,871$42,454,332
 
Liabilities20212020201920182017
Payables and accrued expenses$3,564,419$3,179,492$3,100,852$2,844,508$2,773,128
Other current liabilities$1,179,769$2,900,869$1,146,989$1,333,028$1,312,752
Total current liabilities$4,744,188$6,080,361$4,247,841$4,177,536$4,085,880
Debt$400$3,060$13,522$22,075$37,419
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$9,758,078$9,785,919$10,191,435$10,814,441$11,409,078
Total long-term liabilities$9,758,478$9,788,979$10,204,957$10,836,516$11,446,497
Total liabilities$14,502,666$15,869,340$14,452,798$15,014,052$15,532,377
 
Net assets20212020201920182017
Without donor restrictions$28,048,089$21,110,321$19,177,666$18,241,342$12,972,453
With donor restrictions$14,769,014$13,637,575$14,747,325$14,465,477$13,949,502
Net assets$42,817,103$34,747,896$33,924,991$32,706,819$26,921,955
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$25,166,581$19,683,475$21,367,763$20,907,112$13,655,398
Program service revenue$15,907,716$16,215,718$17,416,521$16,895,274$12,614,312
Membership dues$0$0$0$0$0
Investment income$1,399,558$429,351$213,063$293,602$861,201
Other revenue$3,768,573$1,130,474$590,759$516,248$985,463
Total other revenue$21,075,847$17,775,543$18,220,343$17,705,124$14,460,976
Total revenue$46,242,428$37,459,018$39,588,106$38,612,236$28,116,374
 
Expenses20212020201920182017
Program services$32,584,608$31,167,713$32,961,613$33,052,868$23,037,443
Management and general$2,311,870$2,261,969$2,244,473$2,125,419$1,611,388
Fundraising$3,490,933$3,288,285$2,843,913$2,854,375$2,146,374
Total expenses$38,387,411$36,717,967$38,049,999$38,032,662$26,795,205
 
Change in net assets20212020201920182017
Surplus (deficit)$7,855,017$741,051$1,538,107$579,574$1,321,169
Other changes in net assets$214,190$81,854($319,935)$5,205,290$773,207
Total change in net assets$8,069,207$822,905$1,218,172$5,784,864$2,094,376

Compensation

Compensation data for this ministry has not been collected.


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 5/27/2022. To update the information below, please email: info@ministrywatch.com


History

TWR Timeline: https://twr.org/our-story


Program accomplishments


Needs