River Radio Ministries / One Connection Media Group

The information on this page was last updated 5/23/2023. If you see errors or omissions, please email: [email protected]


Summary

We believe music can bring people hope. Some days, you might play The River for some nice background music. Some days, you'll play it so your kids don't hear anything inappropriate. But some days, you listen because life has knocked you down, and you need help getting back up. We're here for all of them.

Uplifting and Encouraging® 104.9 the River gets to pour life-giving Christian music into the community, thanks to generous donations and local businesses. We're a licensed radio station in Columbus, OH, whose mission extends far beyond.

We realize that spreading the gospel shouldn't stop with music. You'll see The River out and about at community events and concerts, loving on people and connecting them to resources.

Life is CRAZY, right? We've developed content and DJ's you can relate to. You can laugh with Mornings with Mary & Josh or be inspired by a video on Facebook. Plus, it's content that's safe for even the littlest ears in your family.


Contact information

Mailing address:
River Radio Ministries
881 E. Johnstown Road
Columbus, OH 43230

Website: riverradio.com

Phone: 614-289-5700

Email: [email protected]


Organization details

EIN: 316068737

CEO/President: Bill Montgomery

Chairman: Roy Hall

Board size: 10

Founder:

Ruling year: 1967

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1994


Purpose

River Radio Ministries (RRM) is the parent company of 104.9 the River (Columbus), 89.3 the River (in Newark & Chillicothe), 90.9 the River (Lancaster) and LoveCbus. Founded in 1965, its mission is built around connecting others to Jesus and each other. Then, together, making a difference in the community. While the story started with a radio station, the RRM Team noticed a need to connect people to more music and more help. From there it's been a growing phase, and it hasn't stopped.


Mission statement

Our mission is to introduce as many people as possible to Jesus through music and service.


Statement of faith

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Radio/ TV Stations

CategoryRatingOverall rankSector rank
Overall efficiency rating738 of 107419 of 28
Fund acquisition rating987 of 107525 of 28
Resource allocation rating555 of 107518 of 28
Asset utilization rating429 of 10749 of 28

Financial ratios

Funding ratiosSector median20192018201720162014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%29%32%29%25%37%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%11%11%9%7%6%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%39%36%31%27%17%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%11%12%9%8%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%61%64%69%73%83%
 
Operating ratiosSector median20192018201720162014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%78%77%74%75%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
91%100%99%104%86%110%
Program output ratio Program output ratio =
Program services /
Total revenue
70%78%76%77%65%85%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
9%0%1%-4%14%-10%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
10%0%1%-3%9%-6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%11%12%17%17%17%
 
Investing ratiosSector median20192018201720162014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.440.640.640.660.540.70
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.921.932.082.242.463.65
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.181.241.341.481.342.56
 
Liquidity ratiosSector median20192018201720162014
Current ratio Current ratio =
Total current assets /
Total current liabilities
21.0226.4930.4419.0618.919.61
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.040.040.030.050.050.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
9.769.348.637.688.514.20
 
Solvency ratiosSector median20192018201720162014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
5%2%2%2%2%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
182%153%153%148%181%139%

Financials

Balance sheet
 
Assets20192018201720162014
Cash$1,041,350$1,055,544$787,910$590,287$369,835
Receivables, inventories, prepaids$589,947$472,678$549,527$636,595$602,087
Short-term investments$1,493,924$1,298,069$1,352,269$1,259,917$587,019
Other current assets$0$0$0$0$0
Total current assets$3,125,221$2,826,291$2,689,706$2,486,799$1,558,941
Long-term investments$0$0$0$0$0
Fixed assets$1,870,154$1,807,617$1,889,742$2,038,955$2,203,847
Other long-term assets$1,048,026$1,257,951$1,441,606$1,603,680$1,927,931
Total long-term assets$2,918,180$3,065,568$3,331,348$3,642,635$4,131,778
Total assets$6,043,401$5,891,859$6,021,054$6,129,434$5,690,719
 
Liabilities20192018201720162014
Payables and accrued expenses$117,971$92,846$133,107$131,503$162,275
Other current liabilities$0$0$8,000$0$0
Total current liabilities$117,971$92,846$141,107$131,503$162,275
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$3,030$1,623$1,765$0$1,980
Total long-term liabilities$3,030$1,623$1,765$0$1,980
Total liabilities$121,001$94,469$142,872$131,503$164,255
 
Net assets20192018201720162014
Without donor restrictions$5,922,400$5,797,390$5,878,182$5,997,931$5,526,464
With donor restrictions$0$0$0$0$0
Net assets$5,922,400$5,797,390$5,878,182$5,997,931$5,526,464
 
Revenues and expenses
 
Revenue20192018201720162014
Total contributions$1,501,137$1,370,078$1,176,724$1,049,518$599,150
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$128,034$108,764$153,096$133,371$116,262
Other revenue$2,218,573$2,358,807$2,502,023$2,671,494$2,915,121
Total other revenue$2,346,607$2,467,571$2,655,119$2,804,865$3,031,383
Total revenue$3,847,744$3,837,649$3,831,843$3,854,383$3,630,533
 
Expenses20192018201720162014
Program services$3,014,205$2,920,023$2,951,565$2,489,243$3,093,976
Management and general$413,622$442,782$683,182$572,109$673,204
Fundraising$433,837$437,305$346,876$259,545$220,414
Total expenses$3,861,664$3,800,110$3,981,623$3,320,897$3,987,594
 
Change in net assets20192018201720162014
Surplus (deficit)($13,920)$37,539($149,780)$533,486($357,061)
Other changes in net assets$0$0$0$0$0
Total change in net assets($13,920)$37,539($149,780)$533,486($357,061)

Compensation

NameTitleCompensation
Dan BaughmanPresident/CEO$191,167
Scott ThomsonCFO$161,664
Bill MontgomeryDirector of Sales$147,226
Joshua HooperProgram Director$104,437
Steven LevinChief Engineer$101,494

Compensation data as of: 12/31/2019


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 5/23/2023. To update the information below, please email: [email protected]


History


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