Add ministry to your portfolio

Love Worth Finding Ministries/ Adrian Rogers

Rating
Sector:

Educational Media

Total
Revenue:

$7,036,764

Total
Expenses:

$6,240,985

Net
Assets:

$4,697,842
Email us here to send electronic copies of updated IRS Form 990 and/or Audited Financial Statements. You may also request changes to any of the non-financial content for a given ministry. Please be as specific as possible for any changes.

Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 83.7% 70.6%
General & Admin 12.6% 6.5%
Fundraising 6.8% 12.1%
Savings -4.3% 11.3%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

Love Worth Finding, Inc. ("LWF") is primarily involved in US and international radio and television broadcasts of Dr. Adrian Rogers' sermons and services. In addition to the radio and television programs, LWF also offers related books, videos, cassette tapes and other merchandise from Dr. Adrian Rogers. Love Worth Finding was started to help people find the kind of love that is beyond anything they've experienced before--the love that can only be found through a personal relationship with Jesus Christ. LWF is a worldwide Christian ministry dedicated to spreading the good news of Jesus and encouraging and building people up in the knowledge of Christ. 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).

SPECIAL NEWS: Dr. Adrian Rogers, one of the greatest preachers and Christian leaders of the 20th century, died November 15, 2005. Like Ezra, the great leader of ancient Israel, Dr. Rogers committed his life to one overarching purpose: the preaching and teaching of God’s Word. “For Ezra had prepared his heart to seek the law of the Lord, and to do it, and to teach in Israel statutes and judgments” (Ezra 7:10).

Dr. Rogers succumbed to pneumonia after battling cancer that was diagnosed soon after his March 2005 retirement from 32 years as pastor of the Bellevue Baptist Church in Memphis Tennessee. One of America’s largest churches, Bellevue has more than 29,000 members and a ministry that reaches around the world. The church grew and thrived under the dynamic preaching and loving pastoral care of Dr. Rogers. He was named Pastor Emeritus of the church at his retirement.

Dr. Rogers was preceded in death by his parents, Arden and Rose Rogers, and by an infant son, Phillip. He is survived by his wife of 54 years, the former Joyce Louise Gentry of West Palm Beach, Florida; their four children: Stephen, Gayle, David, and Janice; nine grandchildren and one great-grandchild born November 14, 2005.

Contact Information: [ Back to top ]

Mailing Address:PO Box 38300
Memphis, TN
38183-0300
Website: www.lwf.org
Phone:(901) 382-7900
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 581730035
CEO/President: Mr. W.R. Skelton Tax Deductible: Yes
Chairman: Mr. Roland Maddox Fiscal Year End: June 30
Board Size: 9 Financial info from: 990
Founder: Mr. Adrian Rogers Member of ECFA: Yes
Year Founded: 1987 Member of ECFA since: 1993

Purpose [ Back to top ]

Love Worth Finding, Inc. ("LWF") is primarily involved in US and international radio and television broadcasts of Dr. Adrian Rogers' sermons and services. In addition to the radio and television programs, LWF also offers related books, videos, cassette tapes and other merchandise from Dr. Adrian Rogers. Love Worth Finding was started to help people find the kind of love that is beyond anything they've experienced before--the love that can only be found through a personal relationship with Jesus Christ. LWF is a worldwide Christian ministry dedicated to spreading the good news of Jesus and encouraging and building people up in the knowledge of Christ.

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).

SPECIAL NEWS: Dr. Adrian Rogers, one of the greatest preachers and Christian leaders of the 20th century, died November 15, 2005. Like Ezra, the great leader of ancient Israel, Dr. Rogers committed his life to one overarching purpose: the preaching and teaching of God’s Word. “For Ezra had prepared his heart to seek the law of the Lord, and to do it, and to teach in Israel statutes and judgments” (Ezra 7:10).

Dr. Rogers succumbed to pneumonia after battling cancer that was diagnosed soon after his March 2005 retirement from 32 years as pastor of the Bellevue Baptist Church in Memphis Tennessee. One of America’s largest churches, Bellevue has more than 29,000 members and a ministry that reaches around the world. The church grew and thrived under the dynamic preaching and loving pastoral care of Dr. Rogers. He was named Pastor Emeritus of the church at his retirement.

Dr. Rogers was preceded in death by his parents, Arden and Rose Rogers, and by an infant son, Phillip. He is survived by his wife of 54 years, the former Joyce Louise Gentry of West Palm Beach, Florida; their four children: Stephen, Gayle, David, and Janice; nine grandchildren and one great-grandchild born November 14, 2005.

Mission Statement [ Back to top ]

LWF communicates its mission as follows:

Love Worth Finding is a Bible-based ministry emphasizing truth and family values and ministering with absolute integrity and accountability in order to bring people to Christ and mature them in the faith. Love Worth Finding will endeavor to maintain a balance of Biblical compassion and conviction.

Program Accomplishments [ Back to top ]

LWF expresses its accomplishments as follows:

LWF has helped spread the Gospel of Jesus Christ through the means of radio and Television not only in the US but overseas as well. These are the major vehicles fro accomplishing the ministry's purpose. They have also sold sermons on audio tapes, video tapes and CDs. They have also sold Christian books, booklets, and related material This has put the Gopsel message into the hand of listeners and readers in a more permanent form.

LWF is telecast on 353 broadcast stations, 14,255 cable systems, three satellite networks, and 141 radio stations across America and in over 40 foreign countries including Africa and Middle East.

Statement of Faith [ Back to top ]

Love Worth Finding's doctrinal position is:

1: There is but one God, who has revealed Himself as Triune, made manifest as Father, Son and Holy Spirit.

2: That Jesus Christ is the perfect image of God. "Perfect God - Perfect Man," "Very God from Very God."

3: That Jesus Christ pre-existed all created things and was Himself a creator of all; was born of a virgin; lived a sinless life; died on the cross to atone for man's sin; physically resurrected upon the third day; ascended into heaven and will come again to reign as Savior and King.

4: salvation is by grace alone, through faith in Jesus Christ

. 5. The sixty-six books which consist the Bible are inspired by God and infallible as originally given.

History [ Back to top ]

Love Worth Finding was founded by pastor and Bible study teacher Dr. Adrian Rogers. Dr. Rogers pastors the 26,000 member Bellevue Baptist Church in Memphis, Tennessee, and has served three times as the president of the 14-million member Southern Baptist Convention. Dr. Adrian Rogers was already a veteran of radio and television broadcasting when Love Worth Finding was begun in 1987. Dr. Rogers was called to the ministry based on an increasing number of requests for tapes of his messages. In the beginning, the one-hour broadcasts began on just 17 stations, and the 30-minute daily radio broadcasts of Love Worth Finding debuted on 19 radio stations.

Since that limited beginning, the outreach of LWF has grown rapidly and can now be seen and heard worldwide through television and radio broadcasts, and on the worldwide web. One of the fastest growing areas in LWF’s programming is the Spanish language broadcast of "El Amor Que Vale."

Ministry Needs [ Back to top ]

Love Worth Finding, Inc. expresses its needs as follows:

LWF is a faith-based ministry that relies on God to supply their financial needs through the support of caring people. No matter what size gift one can give, God uses every contribution to help Love Worth Finding reach hurting people, encourage new and growing Christians, mend broken lives, and help people find the joy of forgiveness and new life in Jesus Christ.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria categoryGradeOther Comments
Timeliness:10011/19/2005 10:50:16 AM: Organization made financial information available less than 5 ½ months after their fiscal year end.
Financial Information:10011/19/2005 10:50:20 AM: Organization provided all financial information requested. Information was clear and thorough.
Foundational Clarity:
Level of Cooperation:
Click here to compare ministries on transparency and other stats
Click here to learn more about how ministries are graded

MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankEducational Media Sector
Overall Efficiency RatingStarStar294 of 348    28 of 38
Fund Acquisition DecisionStarStar294 of 348      28 of 38
Resource Allocation Decision of 348      19 of 38
Asset Utilization Decision of 348      19 of 38
Learn how the ratings are calculated for this ministry
Learn how ratings are calculated in general -- or here for a longer explanation
Click here to compare ministries

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:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20102009200820072006
Return on FR Efforts10%15%16%17%14%19%
Fundraising Cost Ratio7%12%14%15%12%15%
Contributions Reliance83%84%89%85%87%82%
Fundraising Expense Ratio7%14%13%13%13%15%
Other Revenue Reliance17%16%11%15%13%18%
Operating RatiosDatabase Average20102009200820072006
Program Expense Ratio80%80%80%78%79%78%
Spending Ratio104%89%106%112%95%104%
Program Output Ratio84%71%85%87%75%81%
Savings Ratio-4%11%-6%-12%5%-4%
Reserve Accumulation Rate4%17%-10%-21%10%-9%
General & Admin Ratio13%7%7%9%8%7%
Investing RatiosDatabase Average20102009200820072006
Total Asset Turnover2.85x1.04x1.29x1.5x1.37x1.54x
Degree of L-T Investment3.06x2.1x3.13x2.68x1.96x1.97x
Current Asset Turnover5.43x2.18x4.03x4.02x2.68x3.02x
Age of Assets10.5yr(s)12.6yr(s)11yr(s)9.4yr(s)7.4yr(s)6.5yr(s)
Liquidity RatiosDatabase Average20102009200820072006
Current Ratio3276.63x6.99x4.41x3.96x4.48x3.92x
Current Liabilities Ratio.38x.14x.23x.25x.22x.26x
Liquid Reserve Level4.95x4.71x2.3x2.23x3.48x2.96x
Solvency RatiosDatabase Average20102009200820072006
Liabilities Ratio.3x.22x.26x.27x.27x.3x
Debt Ratio.07x.15x.18x.17x.15x.17x
Reserve Coverage Ratio81%75%58%49%54%45%

Financials[ Back to top ]

Balance Sheet
Assets20102009200820072006
Cash$738,634$280,267$545,529$1,028,538$173,919
Receivables, Inventories & Prepaids$1,128,276$412,606$588,972$604,089$605,630
Short-Term Investments$991,052$990,280$1,079,215$2,034,829$2,657,968
Total Current Assets$2,857,962$1,683,153$2,213,716$3,667,456$3,437,517
Long-Term Investments$0$0$0$0$0
Fixed Assets$1,721,579$1,918,262$2,128,341$2,382,834$2,482,402
Other Long-Term Assets$1,427,527$1,670,137$1,580,069$1,124,116$839,630
Total Long-Term Assets$3,149,106$3,588,399$3,708,410$3,506,950$3,322,032
TOTAL ASSETS$6,007,068$5,271,552$5,922,126$7,174,406$6,759,549
Liabilities20102009200820072006
Payables & Accrued Expenses$408,746$382,016$558,809$819,337$876,851
Other Current Liabilities$0$0$0$0$0
Total Current Liabilities$408,746$382,016$558,809$819,337$876,851
Debt$900,480$964,800$1,029,120$1,093,440$1,157,760
Other Long-Term Liabilities$0$0$0$0$0
Total Long-Term Liabilities$900,480$964,800$1,029,120$1,093,440$1,157,760
TOTAL LIABILITIES$1,309,226$1,346,816$1,587,929$1,912,777$2,034,611
Assets20102009200820072006
Unrestricted$4,697,842$3,924,736$4,334,197$5,163,689$4,724,938
Temporarily Restricted$0$0$0$97,940$0
Permanently Restricted$0$0$0$0$0
NET ASSETS$4,697,842$3,924,736$4,334,197$5,261,629$4,724,938
Revenue and Expenses
Revenue20102009200820072006
Total Contributions$5,897,408$5,688,136$6,733,989$9,018,776$8,206,303
Program Service Revenue$0$0$0$0$0
Membership Dues$0$0$0$0$0
Investment Income$4,588$18,424$56,302$98,969$99,835
Other Revenue$1,134,768$667,463$1,177,126$1,243,580$1,673,405
Total Other Revenue$1,139,356$685,887$1,233,428$1,342,549$1,773,240
TOTAL REVENUE$7,036,764$6,374,023$7,967,417$10,361,325$9,979,543
Expenses20102009200820072006
Program Services$4,974,111$5,404,996$6,919,213$7,789,860$8,106,675
Management & General$411,600$475,634$798,470$758,235$747,540
Fundraising$855,274$902,854$1,177,166$1,276,539$1,533,667
TOTAL EXPENSES$6,240,985$6,783,484$8,894,849$9,824,634$10,387,882
Change in Net Assets20102009200820072006
SURPLUS (DEFICIT)$795,779($409,461)($927,432)$536,691($408,339)
Other Changes in Net Assets$0$0$0$0$0
TOTAL CHANGE IN NET ASSETS$795,779($409,461)($927,432)$536,691($408,339)