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

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Transparency grade

A

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Financial efficiency ratings

Sector: Radio/ TV Stations

CategoryRatingOverall rankSector rank
Overall efficiency rating631 of 110416 of 28
Fund acquisition rating804 of 110519 of 28
Resource allocation rating745 of 110521 of 28
Asset utilization rating230 of 11048 of 28

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%10%9%8%10%10%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%8%7%6%8%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
86%76%79%82%75%74%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%8%8%7%8%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
14%24%21%18%25%26%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%73%73%74%74%73%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%97%94%83%98%98%
Program output ratio Program output ratio =
Program services /
Total revenue
70%71%69%61%72%72%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%3%6%17%2%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%2%4%12%1%1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
16%19%19%19%19%19%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.360.580.620.590.630.65
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.932.852.752.762.953.41
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
0.851.651.691.621.862.21
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
15.8115.8122.4221.1012.9919.56
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.060.040.050.080.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
13.766.826.777.045.945.16
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%13%2%2%7%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%4%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
225%151%160%167%148%152%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$1,073,703$1,195,181$1,219,053$1,141,559$946,376
Receivables, inventories, prepaids$40,837$28,997$30,113$30,716$42,039
Short-term investments$908,488$591,031$519,373$344,103$246,781
Other current assets$0$0$0$0$0
Total current assets$2,023,028$1,815,209$1,768,539$1,516,378$1,235,196
Long-term investments$0$0$0$0$0
Fixed assets$3,137,979$3,174,330$3,114,653$2,958,198$2,978,282
Other long-term assets$607,508$0$0$0$0
Total long-term assets$3,745,487$3,174,330$3,114,653$2,958,198$2,978,282
Total assets$5,768,515$4,989,539$4,883,192$4,474,576$4,213,478
 
Liabilities20232022202120202019
Payables and accrued expenses$127,942$80,961$83,800$116,694$63,142
Other current liabilities$0$0$0$0$0
Total current liabilities$127,942$80,961$83,800$116,694$63,142
Debt$0$0$0$180,300$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$616,102$0$0$0$0
Total long-term liabilities$616,102$0$0$180,300$0
Total liabilities$744,044$80,961$83,800$296,994$63,142
 
Net assets20232022202120202019
Without donor restrictions$4,523,551$4,611,789$4,568,834$4,001,785$4,030,196
With donor restrictions$500,920$296,789$230,558$175,797$120,140
Net assets$5,024,471$4,908,578$4,799,392$4,177,582$4,150,336
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$2,593,280$2,578,635$2,826,944$2,168,008$2,061,362
Program service revenue$599,859$590,978$530,483$547,392$582,853
Membership dues$0$0$0$0$0
Investment income$93,309($11,798)($3,651)$46,738$7,048
Other revenue$138,961$117,633$109,322$113,297$123,467
Total other revenue$832,129$696,813$636,154$707,427$713,368
Total revenue$3,425,409$3,275,448$3,463,098$2,875,435$2,774,730
 
Expenses20232022202120202019
Program services$2,432,011$2,248,798$2,115,327$2,081,017$1,999,548
Management and general$639,419$589,340$544,700$528,363$519,129
Fundraising$261,924$235,289$213,566$216,778$207,947
Total expenses$3,333,354$3,073,427$2,873,593$2,826,158$2,726,624
 
Change in net assets20232022202120202019
Surplus (deficit)$92,055$202,021$589,505$49,277$48,106
Other changes in net assets$0$0$0$0$0
Total change in net assets$92,055$202,021$589,505$49,277$48,106

Compensation

NameTitleCompensation
Brian SaumDirector of Operations$92,120
Ruthie BullardBusiness manager$45,577

Compensation data as of: 9/30/2023


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 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


Needs