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Key Life Network, Inc.

Rating
Sector:

Educational Media

Total
Revenue:

$1,950,857

Total
Expenses:

$1,987,889

Net
Assets:

$406,240
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
<25
<$1m$1m-
$5m
>$5m

Summary

Key Life Network, Inc. (KLN) is a broadcast ministry, which seeks to support and encourage communication and extension of the Christian life throughout the United States. KLN is committed to the teaching of Biblical life principles to those who want to live an authentic, relevant and balanced Christian life. Featuring the Bible teaching of Steve Brown--through radio broadcasts, seminars, cassette tapes and publications--Key Life and Key Life of Canada seek to encourage your walk with Christ. KLN's 15-minute daily radio broadcast is heard throughout the US, Canada and internationally featuring the Bible teaching of Steve Brown. KLN also presents "Think Spots," a 60 second radio features, heard throughout the US. Steve is also featured along with Tony Campolo on "Hashing It Out" aired on the Faith and Values TV cable channel. KLN also presents the "Born Free" seminar which teaches balanced Biblical principles for successful living for Christians who are tired of motivation by guilt. 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:PO Box 945000 (539 Versailles Drive 32751)
Maitland, FL
32794-5000
Website: www.keylife.org
Phone:(407) 539-0001, (800) 539-5433
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 592607667
CEO/President: Rev. Stephen Brown Tax Deductible: Yes
Chairman: Mr. Harper Davidson, Jr. Fiscal Year End: December 31
Board Size: 16 Financial info from:
Founder: Rev. Stephen Brown Member of ECFA: Yes
Year Founded: 1985 Member of ECFA since: 1987

Purpose [ Back to top ]

Key Life Network, Inc. (KLN) is a broadcast ministry, which seeks to support and encourage communication and extension of the Christian life throughout the United States. KLN is committed to the teaching of Biblical life principles to those who want to live an authentic, relevant and balanced Christian life. Featuring the Bible teaching of Steve Brown--through radio broadcasts, seminars, cassette tapes and publications--Key Life and Key Life of Canada seek to encourage your walk with Christ. KLN's 15-minute daily radio broadcast is heard throughout the US, Canada and internationally featuring the Bible teaching of Steve Brown. KLN also presents "Think Spots," a 60 second radio features, heard throughout the US. Steve is also featured along with Tony Campolo on "Hashing It Out" aired on the Faith and Values TV cable channel. KLN also presents the "Born Free" seminar which teaches balanced Biblical principles for successful living for Christians who are tired of motivation by guilt.

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 ]

Key Life Network, Inc.'s Mission Statement is:

Key Life is committed to the teaching of Biblical life principles--the whole counsel of God--to those who want to live an authentic, relevant and balanced Christian life.

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

Statement of Faith [ Back to top ]

Key Life Network, Inc's Statement of Faith is:

1. We believe in the divine inspiration, truthfulness and authority of both Old and New Testament Scriptures in their entirety as the only written Word of God, without error in all that it affirms, and the only infallible rule of faith and practice.

2. We believe that there is one God eternally existent in three persons--Father, Son and Holy Spirit.

3. We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious atoning death through His 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.

4. We believe that regeneration by the Holy Spirit is absolutely essential for the salvation of lost and sinful man.

5. We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live an obedient life.

6. We believe in the spiritual unity of believers in Christ and that the Church, the Body of Christ, is God's institution.

Key Life's Standards

1. Key Life is committed to teaching the Bible as the inerrant Word of God (2 Timothy 3:16-17).

2. Key Life is committed to the Church as God's organization on earth (Ephesians 5:25-27).

3. Key Life is committed to historic Christianity seeking to be a unifying factor in the Body of Christ (Jude 3).

4. Key Life is committed to honesty and integrity in its teaching and in its relationship to supporters (1 Corinthians 4:1).

History [ Back to top ]

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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 : B
Criteria categoryGradeOther Comments
Timeliness:7010/28/2011 7:12:20 PM: Organization made financial information available greater than 7 ½ months.
Financial Information:80
Foundational Clarity:10010/28/2011 7:12:32 PM: Descriptive information was abundant and thorough.
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 ]

Financial Information:

Financials[ Back to top ]

Balance Sheet
Assets20102009200820072006
Cash$176,660$166,439$217,443$227,129$151,708
Receivables, Inventories & Prepaids$127,377$196,429$144,445$255,723$289,399
Short-Term Investments$0$0$0$0$0
Total Current Assets$304,037$362,868$361,888$482,852$441,107
Long-Term Investments$37,144$9,770$12,026$14,674$3,433
Fixed Assets$317,504$327,524$342,624$367,110$390,555
Other Long-Term Assets$51,109$40,277$46,237$44,513$54,488
Total Long-Term Assets$405,757$377,571$400,887$426,297$448,476
TOTAL ASSETS$709,794$740,439$762,775$909,149$889,583
Liabilities20102009200820072006
Payables & Accrued Expenses$122,013$126,103$126,964$136,757$88,090
Other Current Liabilities$0$0$0$0$0
Total Current Liabilities$122,013$126,103$126,964$136,757$88,090
Debt$181,541$171,064$175,473$178,616$181,606
Other Long-Term Liabilities$0$0$0$0$0
Total Long-Term Liabilities$181,541$171,064$175,473$178,616$181,606
TOTAL LIABILITIES$303,554$297,167$302,437$315,373$269,696
Assets20102009200820072006
Unrestricted$406,240$443,272$460,338$593,776$617,336
Temporarily Restricted$0$0$0$0$2,551
Permanently Restricted$0$0$0$0$0
NET ASSETS$406,240$443,272$460,338$593,776$619,887
Revenue and Expenses
Revenue20102009200820072006
Total Contributions$1,937,985$1,877,650$1,898,548$2,018,341$2,013,576
Program Service Revenue$48,620$50,594$54,407$73,942$74,851
Membership Dues$0$0$0$0$0
Investment Income$593$1,349$5,250$47,385$37,087
Other Revenue($36,341)($37,190)($59,660)($27,908)($68,226)
Total Other Revenue$12,872$14,753($3)$93,419$43,712
TOTAL REVENUE$1,950,857$1,892,403$1,898,545$2,111,760$2,057,288
Expenses20102009200820072006
Program Services$1,596,496$1,492,871$1,620,639$1,723,357$1,576,605
Management & General$391,393$416,641$411,520$414,693$314,059
Fundraising$0$0$0$0$122,490
TOTAL EXPENSES$1,987,889$1,909,512$2,032,159$2,138,050$2,013,154
Change in Net Assets20102009200820072006
SURPLUS (DEFICIT)($37,032)($17,109)($133,614)($26,290)$44,134
Other Changes in Net Assets$0$0$0$179$176
TOTAL CHANGE IN NET ASSETS($37,032)($17,109)($133,614)($26,111)$44,310