World Radio Network, dba Inspiracom 
The information on this page was last updated 3/27/2023. If you see errors or omissions, please email: [email protected]
Summary
Inspiracom radio stations provide transformative Christian radio content to serve communities and inspire people to respond to the life-changing message of Jesus Christ.
Contact information
Mailing address:
Inspiracom
P.O. Box 3765
McAllen, TX 78502
Website: worldradionetwork.org
Phone: (956) 787-9788
Email: [email protected]
Organization details
EIN: 742240000
CEO/President: Catherine Stinson
Chairman: Abelardo Limon
Board size: 8
Founder:
Ruling year: 1982
Tax deductible: Yes
Fiscal year end: 09/30
Member of ECFA: Yes
Member of ECFA since: 2007
Purpose
Inspiracom's vision is to quench the spiritual thirst of people on the US/Mexico border with the joyful living waters that can only flow from Jesus Christ.
Mission statement
Inspiracom's mission is to fulfill its vision by using mainly Spanish-language media to:
Communicate effectively the gospel of Christ to non-Christians in each contemporary context;
Nurture Christians, strengthen and build Christ's church through teaching the Word of God; and
Serve our host communities with programs of information, education, inspiration and community service.
Statement of faith
The Trinity:
We believe in one God, existing in a trinity of persons: Father, Son and Holy Spirit (John 15:26), who are eternal and of equal dignity and power (Matthew 3:16, 17).
The Bible:
We believe that the Bible is the Word of God, verbally inspired and without error as originally written, and that it is the only infallible rule of faith and practice for the Christian. (2 Timothy 3:16; 2 Peter 1:21)
The Plan of Salvation:
We believe in Jesus Christ, conceived of the Holy Spirit (Matthew 1:20), born of the virgin Mary (Luke 1:35), whose death on the cross for the redemption of sinners provided a sufficient and complete propitiation for their sin and guilt (1 John 4:10, Ephesians 1:7), and who rose again for our justification (Romans 4:25), ascended into heaven, and is now seated at the right hand of the Father, interceding for all those who come unto God by him (Hebrews 7:25). All who believe in and receive the Lord Jesus Christ have eternal life; those who do not will be eternally lost (John 1:12; John 3:36; Romans 10:9,10; 1 John 5:11,12). We wait for the "blessed hope - the glorious appearing of our great God and Savior, Jesus Christ" (Titus 2:13), and we believe that all things shall finally be subjected to God through him (1 Corinthians 15:25-28).
The Church:
We believe that the true church, which is the body of Christ (Ephesians 1:23), is formed by the work of the Holy Spirit in all those who trust Christ as their Savior. (Ephesians 2:22 and 1 Corinthians 12:13). The Christian's Ministry: In view of Christ's last command (Matthew 28:19, 20) and recognizing the lost condition of all those who fail to accept the gospel message (John 3:18, 36), we believe in the urgency of every Christian's responding to the great commission of Christ. "For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish, but have eternal life." (John 3:16) It is to the work of helping to carry out the plan of God in this age that Inspiracom, is dedicated, in conformity with the last command of our Savior to "be my witnesses...to the ends of the earth" (Acts 1:8). With the God-given means at our disposal, the message of the gospel, which "is the power of God for the salvation of everyone who believes" (Romans 1:16), is being literally carried to the ends of the earth. We also seek to carry out the command of our Savior to teach all nations (Matthew 28:20), in addition to evangelizing them.
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 | | 709 of 1097 | 16 of 29 |
| Fund acquisition rating | | 784 of 1099 | 19 of 29 |
| Resource allocation rating | | 885 of 1099 | 21 of 29 |
| Asset utilization rating | | 254 of 1097 | 8 of 29 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 9% | 8% | 10% | 10% | 11% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 7% | 6% | 8% | 7% | 8% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 88% | 79% | 82% | 75% | 74% | 73% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 7% | 8% | 7% | 8% | 8% | 8% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 12% | 21% | 18% | 25% | 26% | 27% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 77% | 73% | 74% | 74% | 73% | 75% |
Spending ratio Spending ratio = Total expenses / Total revenue | 85% | 94% | 83% | 98% | 98% | 103% |
Program output ratio Program output ratio = Program services / Total revenue | 67% | 69% | 61% | 72% | 72% | 77% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 15% | 6% | 17% | 2% | 2% | -3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 8% | 4% | 12% | 1% | 1% | -2% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 15% | 19% | 19% | 19% | 19% | 18% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.35 | 0.62 | 0.59 | 0.63 | 0.65 | 0.65 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.72 | 2.75 | 2.76 | 2.95 | 3.41 | 3.75 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 0.86 | 1.69 | 1.62 | 1.86 | 2.21 | 2.42 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.74 | 22.42 | 21.10 | 12.99 | 19.56 | 10.96 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.04 | 0.05 | 0.08 | 0.05 | 0.09 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 13.09 | 6.77 | 7.04 | 5.94 | 5.16 | 4.50 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 2% | 2% | 7% | 1% | 2% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 4% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 184% | 160% | 167% | 148% | 152% | 151% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $1,195,181 | $1,219,053 | $1,141,559 | $946,376 | $1,039,796 |
| Receivables, inventories, prepaids | $28,997 | $30,113 | $30,716 | $42,039 | $42,403 |
| Short-term investments | $591,031 | $519,373 | $344,103 | $246,781 | $37,743 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,815,209 | $1,768,539 | $1,516,378 | $1,235,196 | $1,119,942 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $3,174,330 | $3,114,653 | $2,958,198 | $2,978,282 | $3,084,491 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $3,174,330 | $3,114,653 | $2,958,198 | $2,978,282 | $3,084,491 |
| Total assets | $4,989,539 | $4,883,192 | $4,474,576 | $4,213,478 | $4,204,433 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $80,961 | $83,800 | $116,694 | $63,142 | $102,203 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $80,961 | $83,800 | $116,694 | $63,142 | $102,203 |
| Debt | $0 | $0 | $180,300 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $180,300 | $0 | $0 |
| Total liabilities | $80,961 | $83,800 | $296,994 | $63,142 | $102,203 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $4,611,789 | $4,568,834 | $4,001,785 | $4,030,196 | $4,096,116 |
| With donor restrictions | $296,789 | $230,558 | $175,797 | $120,140 | $6,114 |
| Net assets | $4,908,578 | $4,799,392 | $4,177,582 | $4,150,336 | $4,102,230 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $2,578,635 | $2,826,944 | $2,168,008 | $2,061,362 | $1,921,596 |
| Program service revenue | $590,978 | $530,483 | $547,392 | $582,853 | $539,026 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | ($11,798) | ($3,651) | $46,738 | $7,048 | $21,274 |
| Other revenue | $117,633 | $109,322 | $113,297 | $123,467 | $149,479 |
| Total other revenue | $696,813 | $636,154 | $707,427 | $713,368 | $709,779 |
| Total revenue | $3,275,448 | $3,463,098 | $2,875,435 | $2,774,730 | $2,631,375 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $2,248,798 | $2,115,327 | $2,081,017 | $1,999,548 | $2,026,159 |
| Management and general | $589,340 | $544,700 | $528,363 | $519,129 | $478,935 |
| Fundraising | $235,289 | $213,566 | $216,778 | $207,947 | $207,232 |
| Total expenses | $3,073,427 | $2,873,593 | $2,826,158 | $2,726,624 | $2,712,326 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $202,021 | $589,505 | $49,277 | $48,106 | ($80,951) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $202,021 | $589,505 | $49,277 | $48,106 | ($80,951) |
Compensation
| Name | Title | Compensation |
| Brian Saum | Director of Operations | $59,131 |
| James Palumbo | President | $41,587 |
| Ruthie Bullard | Business Manager | $35,300 |
Compensation data as of: 9/30/2022
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 3/27/2023. To update the information below, please email: [email protected]
History
Inspiracom is a non-profit evangelical, interdenominational faith mission involved in radio broadcasting primarily along the U.S. / Mexico border from Brownsville, Texas to Yuma, Arizona.
Inspiracom (a dba of World Radio Network, Inc.) , also known as Radio Manantial, was formed in 1978 as a ministry of HCJB World Radio (now Reach Beyond) to reach the US/Mexico border and Hispanics in the interior of the US with Gospel programming. Inspiracom is comprised of 14 FM stations, more than a dozen repeaters, and a seminary level Bible correspondence school.
Program accomplishments
2000 Miles of the Border Reached
800 Students in Spanish Seminary
22 Countries Listening to Our Stations
7 Million People Tuning in