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 rating928 of 110224 of 28
Fund acquisition rating1034 of 110324 of 28
Resource allocation rating1033 of 110326 of 28
Asset utilization rating281 of 11029 of 28

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%27%23%26%29%32%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%13%13%13%11%11%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
86%49%54%50%39%36%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%12%14%13%11%12%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
14%51%46%50%61%64%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%64%69%72%78%77%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%108%89%99%100%99%
Program output ratio Program output ratio =
Program services /
Total revenue
69%69%62%71%78%76%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%-8%11%1%0%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%-5%7%1%0%1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
16%24%17%15%11%12%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.360.620.590.590.640.64
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.931.741.631.931.932.08
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
0.881.080.961.141.241.34
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.2431.6041.5134.4326.4930.44
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.030.020.030.040.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
13.2010.7612.1510.209.348.63
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%11%1%2%2%2%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
223%144%167%166%153%153%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$1,925,295$1,608,909$1,114,261$1,041,350$1,055,544
Receivables, inventories, prepaids$412,330$753,660$462,287$589,947$472,678
Short-term investments$1,480,920$1,699,357$1,580,196$1,493,924$1,298,069
Other current assets$0$0$0$0$0
Total current assets$3,818,545$4,061,926$3,156,744$3,125,221$2,826,291
Long-term investments$0$0$0$0$0
Fixed assets$1,636,428$1,651,509$1,813,545$1,870,154$1,807,617
Other long-term assets$1,189,052$916,820$1,113,623$1,048,026$1,257,951
Total long-term assets$2,825,480$2,568,329$2,927,168$2,918,180$3,065,568
Total assets$6,644,025$6,630,255$6,083,912$6,043,401$5,891,859
 
Liabilities20222021202020192018
Payables and accrued expenses$120,837$97,857$91,692$117,971$92,846
Other current liabilities$0$0$0$0$0
Total current liabilities$120,837$97,857$91,692$117,971$92,846
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$580,611$0$0$3,030$1,623
Total long-term liabilities$580,611$0$0$3,030$1,623
Total liabilities$701,448$97,857$91,692$121,001$94,469
 
Net assets20222021202020192018
Without donor restrictions$5,942,577$6,532,398$5,992,220$5,922,400$5,797,390
With donor restrictions$0$0$0$0$0
Net assets$5,942,577$6,532,398$5,992,220$5,922,400$5,797,390
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$1,875,151$2,393,127$1,815,896$1,501,137$1,370,078
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$59,045$89,681$70,841$128,034$108,764
Other revenue$1,889,690$1,910,831$1,752,721$2,218,573$2,358,807
Total other revenue$1,948,735$2,000,512$1,823,562$2,346,607$2,467,571
Total revenue$3,823,886$4,393,639$3,639,458$3,847,744$3,837,649
 
Expenses20222021202020192018
Program services$2,640,596$2,717,258$2,582,887$3,014,205$2,920,023
Management and general$982,333$646,295$558,505$413,622$442,782
Fundraising$501,327$551,392$465,583$433,837$437,305
Total expenses$4,124,256$3,914,945$3,606,975$3,861,664$3,800,110
 
Change in net assets20222021202020192018
Surplus (deficit)($300,370)$478,694$32,483($13,920)$37,539
Other changes in net assets$0$0$0$0$0
Total change in net assets($300,370)$478,694$32,483($13,920)$37,539

Compensation

NameTitleCompensation
Scott ThomsonCFO$181,783
Dan BaughmanPresident/CEO$176,727
Bill MontgomeryDirector of Sales$166,245
Joshua HooperProgram Director$114,076
Steven LevinChief Engineer$108,563

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


History


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