The Radiance Foundation

The information on this page was last updated 1/12/2024. If you see errors or omissions, please email: [email protected]


Summary

The Radiance Foundation is a faith-based, educational, life-affirming 501c3 nonprofit organization. Through creative ad campaigns, powerful multimedia presentations, fearless journalism, and compassionate community outreaches, The Radiance Foundation affirms that every human life has God-given purpose.


Contact information

Mailing address:
The Radiance Foundation
P.O. Box 1332
Purcellville, VA 20134

Website: radiancefoundation.org

Phone: (877) 517-4463

Email: [email protected]


Organization details

EIN: 270153752

CEO/President: Bethany Bomberger

Chairman: Ryan Bomberger

Board size: 8

Founder: Ryan and Bethany Bomberger

Ruling year: 2010

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

To create a culture that believes that every human life has purpose.


Mission statement

We illuminate that every human being has inherent and equal worth.
We educate about culture-shaping issues.
We motivate people to put truth and love into action.
The Radiance Foundation is a faith-based, educational, life-affirming 501c3 nonprofit organization. Through creative ad campaigns, powerful multimedia talks, factivism journalism, and compassionate community outreaches, The Radiance Foundation affirms that every human life has God-given purpose.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Pro-Life

CategoryRatingOverall rankSector rank
Overall efficiency rating54 of 11024 of 30
Fund acquisition rating124 of 11034 of 30
Resource allocation rating15 of 11032 of 30
Asset utilization rating420 of 110213 of 30

Financial ratios

Funding ratiosSector median2022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%0%0%0%14%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%0%0%0%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%73%90%59%29%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%0%0%0%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%27%10%41%71%
 
Operating ratiosSector median2022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%98%94%90%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%94%53%95%104%
Program output ratio Program output ratio =
Program services /
Total revenue
75%93%50%86%90%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%6%47%5%-4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%7%98%-80%448%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%2%6%10%9%
 
Investing ratiosSector median2022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.031.091.088.428.36
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.591.131.051.091.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.601.221.139.198.36
 
Liquidity ratiosSector median2022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
15.6212.4626.490.600.94
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.080.041.671.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.129.0110.25-0.88-0.09
 
Solvency ratiosSector median2022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%7%4%153%107%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
86%86%90%-6%-1%

Financials

Balance sheet
 
Assets2022202120202019
Cash$758,695$765,306$39,276$37,693
Receivables, inventories, prepaids$0$0$0$0
Short-term investments$0$0$0$0
Other current assets$0$0$0$0
Total current assets$758,695$765,306$39,276$37,693
Long-term investments$20,358$15,132$0$0
Fixed assets$76,968$21,227$3,592$0
Other long-term assets$0$0$0$0
Total long-term assets$97,326$36,359$3,592$0
Total assets$856,021$801,665$42,868$37,693
 
Liabilities2022202120202019
Payables and accrued expenses$60,896$28,893$65,771$40,153
Other current liabilities$0$0$0$0
Total current liabilities$60,896$28,893$65,771$40,153
Debt$0$0$0$0
Due to (from) affiliates$0$0$0$0
Other long-term liabilities$0$0$0$0
Total long-term liabilities$0$0$0$0
Total liabilities$60,896$28,893$65,771$40,153
 
Net assets2022202120202019
Without donor restrictions$795,125$772,772($22,903)($2,460)
With donor restrictions$0$0$0$0
Net assets$795,125$772,772($22,903)($2,460)
 
Revenues and expenses
 
Revenue2022202120202019
Total contributions$715,482$1,453,723$224,261$88,780
Program service revenue$261,340$161,240$155,023$181,112
Membership dues$0$0$0$0
Investment income$1,182$581$0$0
Other revenue$5,709$1,640$0$34,353
Total other revenue$268,231$163,461$155,023$215,465
Total revenue$983,713$1,617,184$379,284$304,245
 
Expenses2022202120202019
Program services$914,247$814,809$326,237$275,191
Management and general$14,792$47,427$34,670$27,836
Fundraising$0$0$0$12,227
Total expenses$929,039$862,236$360,907$315,254
 
Change in net assets2022202120202019
Surplus (deficit)$54,674$754,948$18,377($11,009)
Other changes in net assets$0$0$0$0
Total change in net assets$54,674$754,948$18,377($11,009)

Compensation

NameTitleCompensation
Ryan BombergerChief Creative Officer$115,000
Bethany BombergerExecutive Director$75,000

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 1/12/2024. To update the information below, please email: [email protected]


History

For a history of The Radiance Foundation visit https://radiancefoundation.org/about/


Program accomplishments


Needs