Radio Training Network, Inc. 
The information on this page was last updated 8/25/2023. If you see errors or omissions, please email: [email protected]
Summary
Radio Training Network, Inc. ("RTN") strives to promote and foster formal educational and Christian broadcast education and training to accredited institutions and others through the acquisition, establishment, operation, and management of radio stations.
Contact information
Mailing address:
Radio Training Network, Inc.
PO Box 7217
Lakeland, FL 33807
Website: radiotrainingnetwork.com
Phone: 863-644-3464
Email: [email protected]
Organization details
EIN: 581585542
CEO/President: James Campbell
Chairman: Michael Watkins
Board size: 5
Founder: Jim and Ruth Campbell
Ruling year: 1985
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 1994
Purpose
Radio Training Network, Inc. ("RTN") strives to promote and foster formal educational and Christian broadcast education and training to accredited institutions and others through the acquisition, establishment, operation, and management of radio stations.
Mission statement
The mission of RTN is to share the unchanging gospel of Jesus Christ with as many people as possible in a relational way through relevant media.
Statement of faith
RTN believes:
The Bible to be inspired, the only infallible, authoritative Word of God.
That there is one God, eternally existent in three Persons: Father, Son, and Holy Spirit.
In the deity of Christ; in His virgin birth; in His sinless life; in His miracles; His vicarious and atoning death through the shed blood, in his bodily resurrection; in His ascension to the right hand of the Father, and in His personal return in power and glory.
That for the salvation of lost and sinful man regeneration by the Holy Spirit is absolutely essential.
In the present ministry of the Holy Spirit, by whose indwelling the Christian is enabled to live a godly life.
In the resurrection of both the saved and the lost, they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.
In the spiritual unity of believers in Christ.
In the Biblical understanding of marriage, the family, and human sexuality.
In the sanctity and dignity of human life from conception to natural death.
In a Biblical world view that requires all activities of this organization, and all resources of this organization - including but not limited to all broadcasts, publications, directories, databases, announcements, web sites, facilities, etc. - be used, in furtherance of and/or consistent with this Biblical world view and the Christian mission that it commands.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Radio/ TV Stations
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 443 of 1118 | 10 of 28 |
| Fund acquisition rating | | 479 of 1119 | 14 of 28 |
| Resource allocation rating | | 175 of 1119 | 6 of 28 |
| Asset utilization rating | | 808 of 1118 | 19 of 28 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 6% | 6% | 6% | 7% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 4% | 4% | 4% | 5% | 5% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 82% | 65% | 73% | 73% | 78% | 69% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 5% | 6% | 6% | 7% | 6% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 18% | 35% | 27% | 27% | 22% | 31% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 78% | 84% | 84% | 83% | 83% | 87% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 76% | 74% | 74% | 76% | 79% |
Program output ratio Program output ratio = Program services / Total revenue | 74% | 63% | 62% | 62% | 64% | 68% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 24% | 26% | 26% | 24% | 21% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | 12% | 13% | 13% | 12% | 13% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 16% | 11% | 10% | 11% | 10% | 7% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.38 | 0.30 | 0.31 | 0.37 | 0.38 | 0.46 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.02 | 2.33 | 2.42 | 2.01 | 1.91 | 2.08 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.01 | 0.69 | 0.74 | 0.75 | 0.73 | 0.95 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.86 | 17.23 | 20.32 | 28.03 | 26.60 | 17.45 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.06 | 0.05 | 0.04 | 0.04 | 0.06 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 11.73 | 16.34 | 15.44 | 15.44 | 15.91 | 11.96 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 13% | 17% | 19% | 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 | 191% | 278% | 265% | 263% | 258% | 213% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $22,280,702 | $28,610,166 | $23,611,740 | $26,465,174 | $21,059,083 |
| Receivables, inventories, prepaids | $2,187,310 | $1,438,541 | $1,603,989 | $1,061,688 | $1,462,538 |
| Short-term investments | $15,868,923 | $4,878,890 | $5,020,710 | $0 | $1,012 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $40,336,935 | $34,927,597 | $30,236,439 | $27,526,862 | $22,522,633 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $16,821,265 | $12,605,507 | $7,821,983 | $6,802,637 | $6,550,273 |
| Other long-term assets | $36,986,040 | $36,861,026 | $22,595,146 | $18,322,718 | $17,695,714 |
| Total long-term assets | $53,807,305 | $49,466,533 | $30,417,129 | $25,125,355 | $24,245,987 |
| Total assets | $94,144,240 | $84,394,130 | $60,653,568 | $52,652,217 | $46,768,620 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $1,687,528 | $1,056,643 | $820,870 | $628,293 | $711,861 |
| Other current liabilities | $654,084 | $662,081 | $258,038 | $406,443 | $578,744 |
| Total current liabilities | $2,341,612 | $1,718,724 | $1,078,908 | $1,034,736 | $1,290,605 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $14,116,810 | $14,380,044 | $0 | $0 | $0 |
| Total long-term liabilities | $14,116,810 | $14,380,044 | $0 | $0 | $0 |
| Total liabilities | $16,458,422 | $16,098,768 | $1,078,908 | $1,034,736 | $1,290,605 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $75,426,153 | $65,821,025 | $59,564,660 | $51,520,481 | $45,244,890 |
| With donor restrictions | $2,259,665 | $2,474,337 | $10,000 | $97,000 | $233,125 |
| Net assets | $77,685,818 | $68,295,362 | $59,574,660 | $51,617,481 | $45,478,015 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $23,833,843 | $25,468,038 | $22,345,777 | $20,302,104 | $18,832,511 |
| Program service revenue | $8,850,288 | $8,752,108 | $7,640,971 | $5,572,246 | $7,817,004 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $865,182 | $203,683 | ($28,760) | $17,683 | $182,659 |
| Other revenue | $3,317,386 | $450,897 | $662,609 | $223,276 | $284,606 |
| Total other revenue | $13,032,856 | $9,406,688 | $8,274,820 | $5,813,205 | $8,284,269 |
| Total revenue | $36,866,699 | $34,874,726 | $30,620,597 | $26,115,309 | $27,116,780 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $23,321,066 | $21,740,713 | $18,846,503 | $16,608,696 | $18,564,828 |
| Management and general | $3,151,120 | $2,583,877 | $2,452,974 | $2,009,929 | $1,474,519 |
| Fundraising | $1,431,958 | $1,479,540 | $1,363,941 | $1,357,218 | $1,267,599 |
| Total expenses | $27,904,144 | $25,804,130 | $22,663,418 | $19,975,843 | $21,306,946 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $8,962,555 | $9,070,596 | $7,957,179 | $6,139,466 | $5,809,834 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $8,962,555 | $9,070,596 | $7,957,179 | $6,139,466 | $5,809,834 |
Compensation
| Name | Title | Compensation |
| James Campbell | Presidentceo | $496,282 |
| Steve Barrett | Account Executive | $330,207 |
| Johanna Antes | Director of Support | $273,333 |
| Carmen Radeka | VP of Programming & Content | $252,300 |
| Edward Maner | Director of Operations | $245,821 |
| Thomas Brown | Program Director | $208,389 |
| W Allen Henderson | General Manager | $197,406 |
| Robert Dempsey | Operations Manager | $194,654 |
| Dennis Cockerham | Direct of Outreach and Underw | $183,124 |
| Ted McCall | Director of Engineering | $178,561 |
| Bryan Butler | Account Exec National Event | $176,843 |
Compensation data as of: 12/31/2023
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 8/25/2023. To update the information below, please email: [email protected]