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Living Way Ministries/ Jack Hayford

Rating
Sector:

Educational Media

Total
Revenue:

$3,620,282

Total
Expenses:

$3,823,855

Net
Assets:

$627,453

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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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Yr(s)25-50
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Summary

Living Way Ministries ("Living Way") is a nonprofit religious corporation whose mission is preparing and distributing ministry and resources by which the life of God's Kingdom may be learned, lived and ministered. The primary function of Living Way is the expression of the life and leadership of The Church On The Way, the First Foursquare Church of Van Nuys, California, through the use of radio and television programs, as well as, audio, books and video tapes. Living Way communicates the teaching ministry of Pastor Jack Hayford, the Founding Pastor of the Church On The Way. Living Way radio and television programs, along with KTLW-FM and the Living Way Network, are independent, listener/viewer supported outreaches. Additional ministry to the media family consists primarily of the development and distribution of Pastor Hayford's messages, books, cassette tapes, and other ministry resources to supplement those teachings. Support for the ministry comes from contributions and donations, as well as net income from the sale and distribution of ministry related tapes and books. That support is allocated to two main areas of expense: ministry programs and support services. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Contact Information: [ Back to top ]

Mailing Address:14820 Sherman Way
Van Nuys, CA
91405-2233
Website: www.livingway.org
Phone:(818) 779-8400
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 237448576
CEO/President: Dr. Jack Hayford Tax Deductible: Yes
Chairman: Dr. Jack Hayford Fiscal Year End: September 30
Board Size: 10 Financial info from:
Founder: Dr. Jack Hayford Member of ECFA: Yes
Year Founded: 1974 Member of ECFA since: 1993

Purpose [ Back to top ]

Living Way Ministries ("Living Way") is a nonprofit religious corporation whose mission is preparing and distributing ministry and resources by which the life of God's Kingdom may be learned, lived and ministered. The primary function of Living Way is the expression of the life and leadership of The Church On The Way, the First Foursquare Church of Van Nuys, California, through the use of radio and television programs, as well as, audio, books and video tapes. Living Way communicates the teaching ministry of Pastor Jack Hayford, the Founding Pastor of the Church On The Way. Living Way radio and television programs, along with KTLW-FM and the Living Way Network, are independent, listener/viewer supported outreaches. Additional ministry to the media family consists primarily of the development and distribution of Pastor Hayford's messages, books, cassette tapes, and other ministry resources to supplement those teachings. Support for the ministry comes from contributions and donations, as well as net income from the sale and distribution of ministry related tapes and books. That support is allocated to two main areas of expense: ministry programs and support services.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Mission Statement [ Back to top ]

Living Way Ministries's Mission Statement is:

"To declare the Gospel of Jesus Christ through the development and distribution of ministry resources from the gifted teaching ministry of Dr. Jack W. Hayford.

To serve the Church of Jesus Christ with those media resources by which the life of God's Kingdom may be learned, lived and ministered."

Living Way's mission is captured in its motto:

"Reaching To Touch... Teaching To Change"

Living Way's vision is that:

"KTLW will become a 'sound alternative' for spiritually sensitive listeners; Believers will become disciples and fellow-laborers in God's harvest; Disciples and fellow-laborers will want to support the broadcast ministry and multiply the blessings to others."

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

Statement of Faith [ Back to top ]

Living Way Ministries subscribes to the following twelve core values:

1. Worship as Priority
The Worship of God is our primary ministry, pursued with biblically motivated zeal and offered in reverence with humility, childlikeness, and joyfulness.

2. God’s Word as Authority
The Word of God is our final authority and source of life-guidance, calling us to a faith-filled, obedient, Godly life-style.

3. God’s Love Brings Wholeness
A Holy Spirit begotten climate of God’s love is that atmosphere which most readily begets living hope, fosters true health, and produces practical holiness, as Jesus’ Cross points us to a path of discipleship and a life free of condemnation, at rest in God’s grace.
4. Ministry to the Family
The biblically modeled family is God’s foundational social and governmental unit and is to be nourished, served, and preserved as such. Fundamental to this value is the sanctity of marriage, biblical sexuality, and human life.

5. Racial Harmony and God’s Kingdom
Under God our Creator, ethnic diversity is respected; and under Christ our Redeemer, all humanity is invited to answer the Bible’s call to the values and virtues of the Kingdom of God.
The unity of the Church—Christ’s global, many-faceted Body—is to be earnestly sought and unselfishly served, that this value for which Jesus prayed may find its answer in our attitudes and commitments.

7. Constant Prayer unto Fruitfulness
Steadfast prayer and faithful intercession allow us to enter a partnership with God Almighty, and they are the foundational means of personal and corporate fruitfulness in life, service, and ministry.

8. Spirit-filled Witness and Service
The ministry of the Church is to be conveyed through the means of maturing believers at every age level, social status, and marital state: baptized in the Holy Spirit for empowered witness and equipped in the Word and His gifts for faithful service.

9. Vitality of the Spiritual Language
The biblical exercise of Holy Spirit enabled supernatural utterance is vital for prayer, praise, intercession, and edification, and is a desirable and an available resource for every believer.

10. Committed to Spiritual Warfare
The reality of the invisible realm of spiritual conflict demands biblical confrontation through prayer and ministry with discernment and love; that the triumph of Calvary is not minimized, but applied by such means.

11. Spirit of Giving and Stewardship
To live is to give—in tithes, offerings, and all life’s resources. We steward what we have been given of time, gifts and finances, seeing these as being from God’s hand, yet as ours to obediently distribute.

12. Committed to Sound Doctrine
We adhere to the Declaration of Faith of the International Church of the Foursquare Gospel; always living in the spirit of the maxim - In essentials, unity; in non-essentials, liberty; in all things, charity.

History [ Back to top ]

The television ministry began in June 1977 when Pastor Jack Hayford taped a series titled, "Teach Us To Pray," for the Trinity Broadcasting Network. These half-hour telecasts launched Pastor Jack's national broadcast ministry and what has today become Living Way Ministries. LIVING WAY, a one-hour program, can now be seen on over 500 television facilities and networks in all 50 states, Canada, and South Africa and is also featured on several satellite feeds nationwide. New developments in the fall of 1999 have expanded the scope of the international broadcast ministry. Soon Living Way will begin broadcasting to more than 40 countries in Europe, Africa, and the Middle East over TBN / Channel 7 Europe. Also, in cooperation with TBN / ENLACE Network, the Spanish version of Living Way can now be viewed throughout a total of 54 countries including South America, Africa, and Europe.

The Living Way radio broadcast (originally titled, "FreeWay") started in October 1981 as a weekday, half-hour radio ministry to the members of the congregation at The Church On The Way. In June 1989, Living Way Ministries' radio outreach was expanded to include a Sunday morning "live" broadcast of the church services from The Church On The Way. The Living Way weekday radio program can now be heard in over 40 states and in several foreign countries.

Ministry Needs [ Back to top ]

This organization has not offered MinistryWatch.com with specific needs to be posted on the profile. At such a time that MinistryWatch.com receives a response from the ministry, it will be posted immediately.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria categoryGradeOther Comments
Timeliness:100
Financial Information:100
Foundational Clarity:
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

This ministry has not been rated

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Ministry Statement or Response [ Back to top ]

This organization has not offered MinistryWatch.com with an official statement or response for their profile. This area is meant as a mechanism for the profiled ministry to communicate anything they may choose. It is open ended as to the topic, issues, facts or news to address. It is not negative if there is no official statement as many don’t have anything to add than what is already on the profile. This section is not tied to transparency or to communication in general. Many very open and talkative ministries with us choose not to post an official statement. This section is just an open ended offering to the profiled ministry for anything extra to say as they may choose.

Financial Information:

Financials[ Back to top ]

Balance Sheet
Assets20022001200019991998
Cash$48,179$185,945$146,673$337,427$0
Receivables, Inventories & Prepaids$382,442$404,157$496,019$460,049$0
Short-Term Investments$0$0$0$0$0
Other Current Assets$0$0$0$0$0
Total Current Assets$430,621$590,102$642,692$797,476$0
Long-Term Investments$0$0$0$0$0
Fixed Assets$823,907$614,922$649,091$581,213$0
Other Long-Term Assets$12,261$0$20,355$31,986$0
Total Long-Term Assets$836,168$614,922$669,446$613,199$0
TOTAL ASSETS$1,266,789$1,205,024$1,312,138$1,410,675$0
Liabilities20022001200019991998
Payables & Accrued Expenses$526,222$365,005$446,867$501,998$0
Other Current Liabilities$96,923$8,993$36,375$18,699$0
Total Current Liabilities$623,145$373,998$483,242$520,697$0
Debt$12,709$0$0$0$0
Due To (From) Affiliates$0$0$0$0$0
Other Long-Term Liabilities$3,482$0$0$34,897$0
Total Long-Term Liabilities$16,191$0$0$34,897$0
TOTAL LIABILITIES$639,336$373,998$483,242$555,594$0
Assets20022001200019991998
Unrestricted$627,453$831,026$828,896$811,446$0
Temporarily Restricted$0$0$0$43,635$0
Permanently Restricted$0$0$0$0$0
NET ASSETS$627,453$831,026$828,896$855,081$0
Revenue and Expenses
Revenue20022001200019991998
Total Contributions$2,632,705$2,887,988$3,087,635$3,418,588$0
Program Service Revenue$926,978$1,010,252$995,803$882,594$0
Membership Dues$0$0$0$0$0
Investment Income$3,404$6,613$3,444$6,722$0
Other Revenue$57,195$41,019$66,442$32,583$0
Total Other Revenue$987,577$1,057,884$1,065,689$921,899$0
TOTAL REVENUE$3,620,282$3,945,872$4,153,324$4,340,487$0
Expenses20022001200019991998
Program Services$3,021,831$3,269,878$3,560,420$3,621,953$0
Management & General$458,155$403,835$398,455$457,542$0
Fundraising$343,869$270,029$220,634$170,730$0
TOTAL EXPENSES$3,823,855$3,943,742$4,179,509$4,250,225$0
Change in Net Assets20022001200019991998
SURPLUS (DEFICIT)($203,573)$2,130($26,185)$90,262$0
Other Changes in Net Assets$0$0$0$0$0
TOTAL CHANGE IN NET ASSETS($203,573)$2,130($26,185)$90,262$0