Radio Training Network, Inc.

The information on this page was last updated 1/5/2022. 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.
2420 Wade Hampton Blvd.
Greenville, SC 29615-9615

Website: radiotrainingnetwork.com

Phone: (864) 292-6040

Email: [email protected]


Organization details

EIN: 581585542

CEO/President: Mr. James Campbell

Chairman: Mr. 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 extend the reach of Christian community, by affirming that which is positive in our culture, and penetrating our world as salt and light with the life-transforming Gospel of Jesus Christ.


Statement of faith

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

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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 rating560 of 103415 of 32
Fund acquisition rating556 of 103619 of 32
Resource allocation rating363 of 103610 of 32
Asset utilization rating721 of 103421 of 32

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%6%6%6%6%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%5%5%5%5%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%80%78%78%79%76%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%7%6%6%6%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%20%22%22%21%24%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%83%87%88%88%92%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%76%80%80%83%79%
Program output ratio Program output ratio =
Program services /
Total revenue
73%64%70%70%73%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%24%20%20%17%21%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%12%12%12%11%14%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%10%7%7%6%4%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.540.380.460.490.530.53
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.911.912.082.552.372.70
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.250.730.951.251.251.43
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
12.9936.1522.4322.6417.9417.98
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.030.040.040.060.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
8.9916.0312.099.159.077.94
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
5%2%3%3%3%4%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
158%258%213%199%184%182%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$26,465,174$21,059,083$15,008,181$14,641,062$11,352,272
Receivables, inventories, prepaids$1,061,688$1,462,538$936,979$530,624$515,961
Short-term investments$0$1,012$0$0$0
Other current assets$0$0$0$0$0
Total current assets$27,526,862$22,522,633$15,945,160$15,171,686$11,868,233
Long-term investments$0$0$0$0$0
Fixed assets$6,802,637$6,550,273$7,138,216$6,512,342$6,419,934
Other long-term assets$18,322,718$17,695,714$17,644,382$14,205,425$13,717,694
Total long-term assets$25,125,355$24,245,987$24,782,598$20,717,767$20,137,628
Total assets$52,652,217$46,768,620$40,727,758$35,889,453$32,005,861
 
Liabilities20202019201820172016
Payables and accrued expenses$628,293$711,861$550,657$583,544$477,587
Other current liabilities$133,138$292,151$153,647$262,333$182,480
Total current liabilities$761,431$1,004,012$704,304$845,877$660,067
Debt$0$0$0$32,401$157,886
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$273,305$286,593$355,273$165,303$304,103
Total long-term liabilities$273,305$286,593$355,273$197,704$461,989
Total liabilities$1,034,736$1,290,605$1,059,577$1,043,581$1,122,056
 
Net assets20202019201820172016
Without donor restrictions$51,520,481$45,244,890$39,668,181$34,845,872$30,883,805
With donor restrictions$97,000$233,125$0$0$0
Net assets$51,617,481$45,478,015$39,668,181$34,845,872$30,883,805
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$20,953,661$20,733,603$19,478,371$17,996,218$16,201,338
Program service revenue$4,974,966$5,506,114$5,141,118$4,434,557$4,284,859
Membership dues$0$0$0$0$0
Investment income$60,255$194,969$3,124$1,266$1,938
Other revenue$268,051$254,945$243,416$490,733$861,377
Total other revenue$5,303,272$5,956,028$5,387,658$4,926,556$5,148,174
Total revenue$26,256,933$26,689,631$24,866,029$22,922,774$21,349,512
 
Expenses20202019201820172016
Program services$16,706,671$18,656,917$17,502,701$16,716,818$15,579,929
Management and general$1,973,537$1,440,997$1,314,217$1,165,560$633,897
Fundraising$1,357,218$1,267,599$1,166,970$1,075,882$724,396
Total expenses$20,037,426$21,365,513$19,983,888$18,958,260$16,938,222
 
Change in net assets20202019201820172016
Surplus (deficit)$6,219,507$5,324,118$4,882,141$3,964,514$4,411,290
Other changes in net assets($80,041)($56,383)($59,832)($2,447)$0
Total change in net assets$6,139,466$5,267,735$4,822,309$3,962,067$4,411,290

Compensation

NameTitleCompensation
James L CampbellPresident/Ce$398,154
Steve BarrettAccount Exec$283,038
Johanna M AntesDirector of$212,455
Carmen B RadekaGeneral Mgr$189,844
Thomas L BrownAnnouncer -$171,557
W Allen HendersonGeneral Mgr$170,401
Ruth J CampbellAssistant Se$127,992

Compensation data as of: 12/31/2020


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 1/5/2022. To update the information below, please email: [email protected]


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