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

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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 rating578 of 108511 of 28
Fund acquisition rating504 of 108814 of 29
Resource allocation rating317 of 10887 of 29
Asset utilization rating856 of 108519 of 28

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%6%6%7%7%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%4%4%5%5%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
88%73%73%78%69%71%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%6%6%7%6%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
12%27%27%22%31%29%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%84%83%83%87%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
84%74%74%76%79%81%
Program output ratio Program output ratio =
Program services /
Total revenue
66%62%62%64%68%70%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
16%26%26%24%21%19%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%13%13%12%13%12%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
15%10%11%10%7%7%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.360.310.370.380.460.49
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.722.422.011.912.082.55
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
0.900.740.750.730.951.25
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
19.1520.3228.0326.6017.4515.36
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.050.040.040.060.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
12.5115.4415.4415.9111.968.98
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%19%2%2%3%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
184%265%263%258%213%199%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$28,610,166$23,611,740$26,465,174$21,059,083$15,008,181
Receivables, inventories, prepaids$1,438,541$1,603,989$1,061,688$1,462,538$936,979
Short-term investments$4,878,890$5,020,710$0$1,012$0
Other current assets$0$0$0$0$0
Total current assets$34,927,597$30,236,439$27,526,862$22,522,633$15,945,160
Long-term investments$0$0$0$0$0
Fixed assets$12,605,507$7,821,983$6,802,637$6,550,273$7,138,216
Other long-term assets$36,861,026$22,595,146$18,322,718$17,695,714$17,644,382
Total long-term assets$49,466,533$30,417,129$25,125,355$24,245,987$24,782,598
Total assets$84,394,130$60,653,568$52,652,217$46,768,620$40,727,758
 
Liabilities20222021202020192018
Payables and accrued expenses$1,056,643$820,870$628,293$711,861$550,657
Other current liabilities$662,081$258,038$406,443$578,744$487,216
Total current liabilities$1,718,724$1,078,908$1,034,736$1,290,605$1,037,873
Debt$0$0$0$0$21,704
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$14,380,044$0$0$0$0
Total long-term liabilities$14,380,044$0$0$0$21,704
Total liabilities$16,098,768$1,078,908$1,034,736$1,290,605$1,059,577
 
Net assets20222021202020192018
Without donor restrictions$65,821,025$59,564,660$51,520,481$45,244,890$39,668,181
With donor restrictions$2,474,337$10,000$97,000$233,125$0
Net assets$68,295,362$59,574,660$51,617,481$45,478,015$39,668,181
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$25,468,038$22,345,777$20,302,104$18,832,511$17,538,919
Program service revenue$8,752,108$7,640,971$5,572,246$7,817,004$6,909,183
Membership dues$0$0$0$0$0
Investment income$203,683($28,760)$17,683$182,659($21,566)
Other revenue$450,897$662,609$223,276$284,606$315,190
Total other revenue$9,406,688$8,274,820$5,813,205$8,284,269$7,202,807
Total revenue$34,874,726$30,620,597$26,115,309$27,116,780$24,741,726
 
Expenses20222021202020192018
Program services$21,740,713$18,846,503$16,608,696$18,564,828$17,424,204
Management and general$2,583,877$2,452,974$2,009,929$1,474,519$1,328,243
Fundraising$1,479,540$1,363,941$1,357,218$1,267,599$1,166,970
Total expenses$25,804,130$22,663,418$19,975,843$21,306,946$19,919,417
 
Change in net assets20222021202020192018
Surplus (deficit)$9,070,596$7,957,179$6,139,466$5,809,834$4,822,309
Other changes in net assets$0$0$0$0$0
Total change in net assets$9,070,596$7,957,179$6,139,466$5,809,834$4,822,309

Compensation

NameTitleCompensation
James CampbellPresidentceo$463,646
Steve BarrettAccount Executive$331,977
Carmen RadekaVP of Programming & Content$234,021
Johanna AntesDirector of Support$229,607
Edward ManerDirector of Operations$198,610
Thomas BrownProgram Director$193,386
W Allen HendersonGeneral Manager$186,447
Dennis CockerhamDirect of Outreach and Underw$174,165
Ted McCallDirector of Engineering$172,422
Bryan ButlerAccount Exec National Event$155,255

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 8/25/2023. To update the information below, please email: [email protected]


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