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
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Pro-Life
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 54 of 1118 | 2 of 30 |
| Fund acquisition rating | | 145 of 1119 | 3 of 30 |
| Resource allocation rating | | 6 of 1119 | 2 of 30 |
| Asset utilization rating | | 418 of 1118 | 15 of 30 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 |
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 | 9% | 0% | 0% | 0% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 95% | 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 | 5% | 27% | 10% | 41% | 71% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 98% | 94% | 90% | 87% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 94% | 53% | 95% | 104% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 93% | 50% | 86% | 90% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 6% | 47% | 5% | -4% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 8% | 7% | 98% | -80% | 448% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 2% | 6% | 10% | 9% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.06 | 1.09 | 1.08 | 8.42 | 8.36 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.57 | 1.13 | 1.05 | 1.09 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.54 | 1.22 | 1.13 | 9.19 | 8.36 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.25 | 12.46 | 26.49 | 0.60 | 0.94 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.08 | 0.04 | 1.67 | 1.07 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.36 | 9.01 | 10.25 | -0.88 | -0.09 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 14% | 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 | 89% | 86% | 90% | -6% | -1% |
Financials
| Balance sheet | ||||
| Assets | 2022 | 2021 | 2020 | 2019 |
| 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 |
| Liabilities | 2022 | 2021 | 2020 | 2019 |
| 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 assets | 2022 | 2021 | 2020 | 2019 |
| 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 | ||||
| Revenue | 2022 | 2021 | 2020 | 2019 |
| 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 |
| Expenses | 2022 | 2021 | 2020 | 2019 |
| 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 assets | 2022 | 2021 | 2020 | 2019 |
| 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
| Name | Title | Compensation |
| Ryan Bomberger | Chief Creative Officer | $115,000 |
| Bethany Bomberger | Executive 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/