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Leading The Way with Dr. Michael Youssef

Rating
Sector:

Educational Media

Total
Revenue:

$11,311,000

Total
Expenses:

$10,621,000

Net
Assets:

$15,115,000
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 83.7% 82.7%
General & Admin 12.6% 3.1%
Fundraising 6.8% 8.1%
Savings -4.3% 6%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

Leading The Way's (LTW") mission is to equip and exhort saints and to reach the lost with the gospel using electronic and print media. Their vision is to declare the whole counsel of God and in so doing expose false doctrine and sentimental Christianity in the church. LTW's English radio program is aired over 800 radio outlets in the US as well as in the United Kingdom, Australia, and New Zealand. Since 1996, LTW has been airing Arabic-English radio programs in the Middle East and North Africa. A Mandarin-English program aimed at young people in the People's Republic of China was added to the ministry's outreach in May 2001. Also in May 2001, LTW began airing a weekly TV program in the U.S. Approximately 150 affiliates and three cable networks carry the TV program throughout the country. The program is also aired in Australia, the UK, Europe, the Middle East, and Africa. LTW maintains branch offices in the UK Australia, and Egypt. LTW was incorporated by Dr. Michael Youssef in 1988. It is a non-profit organizatin. Contributions are tax deductible to the extent allowed by law.

Contact Information: [ Back to top ]

Mailing Address:PO Box 20100
Atlanta, GA
30325-0100
Website: www.leadingtheway.org
Phone:(404) 841-0100
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 581816773
CEO/President: Dr. Michael Youssef Tax Deductible: Yes
Chairman: Mr. Henry McCamish, Jr. Fiscal Year End: June 30
Board Size: 11 Financial info from: 990
Founder: Dr. Michael Youssef Member of ECFA: Yes
Year Founded: 1988 Member of ECFA since: 2001

Purpose [ Back to top ]

Leading The Way's ("LTW") mission is to equip and exhort saints and to reach the lost with the gospel using electronic and print media. Their vision is to declare the whole counsel of God and in so doing expose false doctrine and sentimental Christianity in the church.

LTW's English radio program is aired over 800 radio outlets in the US as well as in the United Kingdom, Australia, and New Zealand. The program is also aired in Australia, the UK, Europe, the Middle East, and Africa. LTW maintains branch offices in the UK Australia, and Egypt.

LTW was incorporated by Dr. Michael Youssef in 1988. It is a non-profit organizatin. Contributions are tax deductible to the extent allowed by law.

Mission Statement [ Back to top ]

LTW uses the following to express its mission:

To declare the whole counsel of God

Program Accomplishments [ Back to top ]

Some of LTW's accomplishments are listed below:

May 2001- A Mandarin-English program aimed at young people in the People's Republic of China was added to the ministry's outreach.
LTW began airing a weekly TV program in the U.S. Approximately 150 affiliates and three cable networks carry the TV program throughout the country.
1996- LTW began airing Arabic-English radio programs in the Middle East and North Africa.

Statement of Faith [ Back to top ]

Leading The Way With Dr. Michael Youssef, Inc. uses the following to express its statement of faith:

We believe the Bible to be inspired, the only infallible Word of God.

We believe that there is one God, eternally existent in three Persons: Father, Son, and Holy Spirit.

We believe in the deity of Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and 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.

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

We believe in the present ministry of the Holy Spirit, by whose indwelling the Christian is enabled to live a godly life.

We believe 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.

We believe in the spiritual unity of believers in Christ.

History [ Back to top ]

LTW was founded by Dr. Michael Youssef in 1988, and began broadcasting from two radio stations. Today LTW broadcasts from over 250 stations in North America, and about two million listeners tune in overseas in the continents of Central America, Europe, and Asia.

LTW is headquartered in Atlanta, Georgia, at The Church of the Apostles. The Church of the Apostles is an evangelical Anglican congregation "declaring the whole counsel of God." Dr. Youssef is also the founding rector of The Church of the Apostles.

For the past two years, LTW has been transmitted throughout the entire Middle East through Trans World Radio (TWR). TWR’s powerful 600,000-watt tower in Cyprus broadcasts Dr. Youssef's parallel English-Arabic translation. The messages are prepared specifically for these countries, where between two and three million people are listening.

Ministry Needs [ Back to top ]

LTW does not express any specific needs at this time.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria categoryGradeOther Comments
Timeliness:90
Financial Information:100
Foundational Clarity:10010/28/2011 7:18:31 PM: Descriptive information was abundant and thorough.
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankEducational Media Sector
Overall Efficiency RatingStarStarStar193 of 348    20 of 38
Fund Acquisition DecisionStarStarStar193 of 348      20 of 38
Resource Allocation Decision of 348      20 of 38
Asset Utilization Decision of 348      20 of 38
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Ministry Statement or Response [ Back to top ]

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20102009200820072006
Return on FR Efforts10%8%8%9%10%9%
Fundraising Cost Ratio7%8%9%9%10%8%
Contributions Reliance83%101%103%102%98%93%
Fundraising Expense Ratio7%9%8%10%10%8%
Other Revenue Reliance17%-1%-3%-2%2%7%
Operating RatiosDatabase Average20102009200820072006
Program Expense Ratio80%88%89%89%89%90%
Spending Ratio104%94%101%97%102%106%
Program Output Ratio84%83%90%86%90%95%
Savings Ratio-4%6%-1%3%-2%-6%
Reserve Accumulation Rate4%5%-1%2%-2%-4%
General & Admin Ratio13%3%3%2%2%2%
Investing RatiosDatabase Average20102009200820072006
Total Asset Turnover2.85x.67x.72x.75x.82x.75x
Degree of L-T Investment3.06x1.2x1.66x2.26x5.56x4.53x
Current Asset Turnover5.43x.8x1.2x1.68x4.56x3.39x
Age of Assets10.5yr(s)12.9yr(s)12.9yr(s)11.4yr(s)10.4yr(s)8.1yr(s)
Liquidity RatiosDatabase Average20102009200820072006
Current Ratio3276.63x16.72x16.24x9.59x3.71x3.86x
Current Liabilities Ratio.38x.06x.06x.1x.27x.26x
Liquid Reserve Level4.95x14.13x9.37x6.39x1.92x2.62x
Solvency RatiosDatabase Average20102009200820072006
Liabilities Ratio.3x.05x.04x.05x.05x.06x
Debt Ratio.07x0x0x0x0x0x
Reserve Coverage Ratio81%142%133%128%116%126%

Financials[ Back to top ]

Balance Sheet
Assets20102009200820072006
Cash$13,158,000$9,000,000$6,678,000$2,674,000$3,277,000
Receivables, Inventories & Prepaids$138,000$63,000$93,000$7,000$0
Short-Term Investments$6,000$6,000$8,000$15,000$14,000
Total Current Assets$13,304,000$9,069,000$6,779,000$2,697,000$3,292,000
Long-Term Investments$715,000$3,997,000$6,613,000$10,259,000$9,482,000
Fixed Assets$1,826,000$1,893,000$1,907,000$2,025,000$2,146,000
Other Long-Term Assets$89,000$77,000$12,000$16,000$4,000
Total Long-Term Assets$2,631,000$5,968,000$8,533,000$12,301,000$11,633,000
TOTAL ASSETS$15,936,000$15,038,000$15,312,000$14,998,000$14,925,000
Liabilities20102009200820072006
Payables & Accrued Expenses$795,000$558,000$706,000$727,000$853,000
Other Current Liabilities$0$0$0$0$0
Total Current Liabilities$795,000$558,000$706,000$727,000$853,000
Debt$0$0$0$0$0
Other Long-Term Liabilities$25,000$36,000$13,000$17,000$46,000
Total Long-Term Liabilities$25,000$36,000$13,000$17,000$46,000
TOTAL LIABILITIES$821,000$594,000$720,000$745,000$900,000
Assets20102009200820072006
Unrestricted$15,115,000$13,540,000$11,779,000$12,605,000$13,714,000
Temporarily Restricted$0$902,000$2,812,000$1,646,000$310,000
Permanently Restricted$0$0$0$0$0
NET ASSETS$15,115,000$14,443,000$14,592,000$14,252,000$14,024,000
Revenue and Expenses
Revenue20102009200820072006
Total Contributions$11,431,000$11,094,000$11,949,000$11,780,000$9,881,000
Program Service Revenue$0$0$0$0$0
Membership Dues$0$0$0$0$0
Investment Income($129,000)($351,000)($151,000)$287,000$647,000
Other Revenue$8,000$8,000($26,000)$4,000$39,000
Total Other Revenue($120,000)($343,000)($178,000)$292,000$687,000
TOTAL REVENUE$11,311,000$10,751,000$11,771,000$12,073,000$10,569,000
Expenses20102009200820072006
Program Services$9,361,000$9,669,000$10,113,000$10,894,000$10,045,000
Management & General$337,000$313,000$191,000$214,000$227,000
Fundraising$923,000$916,000$1,105,000$1,199,000$897,000
TOTAL EXPENSES$10,621,000$10,898,000$11,411,000$12,309,000$11,169,000
Change in Net Assets20102009200820072006
SURPLUS (DEFICIT)$689,000($147,000)$360,000($235,000)($600,000)
Other Changes in Net Assets$0$0($20,000)$463,000$74,000
TOTAL CHANGE IN NET ASSETS$689,000($147,000)$339,000$227,000($526,000)