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SAT 7 / SAT-7 North America

Rating
Sector:

Radio/ TV Stations

Total
Revenue:

$8,510,446

Total
Expenses:

$8,463,359

Net
Assets:

$824,248
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 84% 79.6%
General & Admin 12.5% 10.6%
Fundraising 6.8% 9.1%
Savings -4.4% .5%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

SAT-7 is a satellite television ministry by and for the People of the Middle East and North Africa. The ministry has four different channels: SAT-7 ARABIC, SAT-7 KIDS, SAT-7 PARS, and SAT-7 TURK. All channels share a vision to provide local Christians a platform to witness about Christ's love and to deepen their spiritual walk in a manner that is faithful to God's Word and respectful to the people of the region. SAT-7 broadcasts a variety of Christian programs, in Arabic, Farsi, and Turkish. SAT-7 is the most significant ministry in the history of missions in this strategic region with over 200 million Middle Easterner that have access to satellite television. An estimated 10-12 million viewers now turn on SAT-7 to watch attractive, entertaining, and Bible-based programs. SAT-7 partners with over 40 international and US mission agencies.  For more information visit SAT-7’s website: www.sat7usa.org

Contact Information: [ Back to top ]

Mailing Address:P. O. Box 2770 24 West Dover Street
Easton, MD
21601-1601
Website: www.sat7usa.org
Phone:(410) 770-9804
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 232964829
CEO/President: Dr. Rex M. Rogers Tax Deductible: Yes
Chairman: Peter Schulze Fiscal Year End: December 31
Board Size: 6 Financial info from: Audit
Founder: Terence Ascott Member of ECFA: Yes
Year Founded: 1998 Member of ECFA since: 1999

Purpose [ Back to top ]

The largest and most watched Christian television station in the region, SAT-7 exists to provide the Churches and the Christians of the Middle East and North Africa an opportunity to witness to Jesus Christ through inspirational, informative, and educational television services. 

Mission Statement [ Back to top ]

Vision:
A growing Church in the Middle East and North Africa, confident in Christian faith and witness, serving the community and contributing to the good of society and culture.

Mission:
To provide the churches and Christians of the Middle East and North Africa with an opportunity to witness to Jesus Christ through inspirational, informative, and educational television services.

Program Accomplishments [ Back to top ]

Seven Important Distinctives of SAT-7

  • SAT-7's International Board of Directors is comprised mainly of representatives of the different churches in the Middle East.
  • SAT-7's programming is politically and culturally sensitive and never attacks another faith or denomination.
  • SAT-7 plans its broadcast schedule for the benefit of its viewers and is not driven by sponsored programming, which it normally does not accept.
  • SAT-7 carries a wide range of programs for different audiences – with a special emphasis on the needs of children, youth, and women.
  • 80% of SAT-7's programming is indigenously made, by Middle Eastern Christians.
  • SAT-7 is a multi-agency and inter-denominational partnership with a unique network of partner-operated telephone counseling and audience follow-up centers.
  • SAT-7 maintains production centers in multiple Middle Eastern countries – recognizing the importance of the involvement of the local church in locally made programming.

Statement of Faith [ Back to top ]

SAT-7 uses the Nicene Creed to express its Statement of Faith:

We believe in one God the Father Almighty, Maker of heaven and earth, and of all things visible and invisible.

And in one Lord Jesus Christ, the only-begotten Son of God, begotten of the Father before all worlds, God of God, Light of Light, Very God of Very God, begotten, not made, being of one substance with the Father by whom all things were made; who for us men, and for our salvation, came down from heaven, and was incarnate by the Holy Spirit of the Virgin Mary, and was made man, and was crucified also for us under Pontius Pilate. He suffered and was buried, and the third day he rose again according to the Scriptures, and ascended into heaven, and sitteth on the right hand of the Father. And he shall come again with glory to judge both the quick and the dead, whose kingdom shall have no end.

And we believe in the Holy Spirit, the Lord and Giver of Life, who proceedeth from the Father and the Son, who with the Father and the Son together is worshipped and glorified, who spoke by the prophets. And we believe one holy catholic and apostolic Church. We acknowledge one baptism for the remission of sins. And we look for the resurrection of the dead, and the life of the world to come. Amen.

History [ Back to top ]

On the last day of May 1996, an Egyptian Christian sat down in front of his television set and saw something he had never seen on Arabic TV before: a lady presenter with a cross around her neck. To see a representative of the almost invisible Arab Christian minority on screen was such a shock to him that he just had to call the station and say, “ Mish maoul! This is unbelievable!”  

What this viewer had seen was the first broadcast of SAT-7, a satellite TV channel that since then has radically changed the image of Christianity in the Arab world.

For ten years prior to the first broadcast, the vision of a Christian, Arabic-language satellite channel had been growing in the mind of Terence Ascott, a Brit working in the Christian publishing industry in Egypt. But for many years, nobody really believed it could be done. It wasn’t until the Saudi satellite channel MBC was launched from London in 1991, in response to the success of CNN during the first Gulf War, that the concept of Arabic satellite TV began to seem realistic. But still Arab Christians thought it was beyond their reach. To imagine that Arab Christians could have any media presence was like a dream.

Over the next years research and feasibility studies were done, and partners were rallied behind the vision. Finally, in November 1995, SAT-7 was born at a founding meeting in Larnaca, Cyprus. 

Six months later, the first two-hour SAT-7 Arabic broadcast went on the air. It included a program for children, some Christian testimonies, and a film about persecuted Christians in China. The following week, the broadcast had to be repeated because the new programs were not ready. But that did not stop the vision nor change the fact that the unbelievable had happened.

Ministry Needs [ Back to top ]

The Christians in the Middle East and North Africa need your help! If you would like to support SAT-7 and its efforts to serve the local church and to make the Gospel available to everyone in the region, here are three ways you can make a difference.

Being a part of something big like this has a way of transforming your life. Consider becoming a "friend-raiser" for this ministry by hosting a SAT-7 Ministry Briefing in your home. We need to get the word out about what Christ is doing in this region of the world. You have the power to change someone's life forever when you host a SAT-7 Ministry Briefing for your friends and family. We've already compiled all of the resources you need to plan a successful and meaningful evening. All you have to do is contact us to get started, select a date, and start spreading the word. Not only will you be planning an evening of fun with your friends and family, you will be planning an event that will help bring the love and hope of Christ right into the homes of families in the Middle East.

Consider a generous, leadership level commitment to this campaign over and above your current level of support. SAT-7 offers a convenient, safe and effective way for Christians around the world to establish a significant foothold in the Middle East. In total, a minimum of $60 million is needed over the next few years in order to reach our goals.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria categoryGradeOther Comments
Timeliness:90
Financial Information:100
Foundational Clarity:10010/28/2011 8:23:20 PM: Descriptive information was abundant and thorough.
Level of Cooperation:100Pro-active in giving information.
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankRadio/ TV Stations Sector
Overall Efficiency RatingStarStarStar226 of 348    8 of 11
Fund Acquisition DecisionStarStarStar226 of 348      8 of 11
Resource Allocation Decision of 348      1 of 11
Asset Utilization Decision of 348      1 of 11
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Ministry Statement or Response [ Back to top ]

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20092008200720062005
Return on FR Efforts10%9%10%8%14%0%
Fundraising Cost Ratio7%9%10%8%14%0%
Contributions Reliance83%100%100%100%100%0%
Fundraising Expense Ratio7%9%10%8%13%0%
Other Revenue Reliance17%0%0%0%0%0%
Operating RatiosDatabase Average20092008200720062005
Program Expense Ratio80%80%78%82%76%0%
Spending Ratio104%99%98%97%102%0%
Program Output Ratio84%80%76%79%78%0%
Savings Ratio-4%1%2%3%-2%0%
Reserve Accumulation Rate4%6%20%38%-39%0%
General & Admin Ratio12%11%12%10%11%0%
Investing RatiosDatabase Average20092008200720062005
Total Asset Turnover2.91x2.93x2.12x1.84x2.7x0x
Degree of L-T Investment3.1x1.02x1.02x1.01x1.02x0x
Current Asset Turnover5.56x2.99x2.15x1.85x2.75x0x
Age of Assets10.5yr(s)0.0yr(s)0.0yr(s)0.0yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20092008200720062005
Current Ratio3306.32x1.37x1.27x1.17x1.17x0x
Current Liabilities Ratio.39x.73x.79x.85x.86x0x
Liquid Reserve Level4.91x1.09x1.19x.94x.63x0x
Solvency RatiosDatabase Average20092008200720062005
Liabilities Ratio.3x.71x.77x.85x.84x0x
Debt Ratio.07x0x0x0x0x0x
Reserve Coverage Ratio81%10%11%8%6%0%

Financials[ Back to top ]

Balance Sheet
Assets20092008200720062005
Cash$1,662,625$1,129,014$1,544,105$457,731$1,404,456
Receivables, Inventories & Prepaids$1,163,786$2,242,810$2,547,848$1,915,973$354,646
Short-Term Investments$2,260$24,876$6,744$0$1,547
Other Current Assets$0$0$0$0$0
Total Current Assets$2,828,671$3,396,700$4,098,697$2,373,704$1,760,649
Long-Term Investments$0$0$0$0$0
Fixed Assets$58,343$53,598$27,490$42,213$50,840
Other Long-Term Assets$0$0$0$0$0
Total Long-Term Assets$58,343$53,598$27,490$42,213$50,840
TOTAL ASSETS$2,887,014$3,450,298$4,126,187$2,415,917$1,811,489
Liabilities20092008200720062005
Payables & Accrued Expenses$2,062,766$2,673,137$3,503,380$2,032,132$1,262,902
Other Current Liabilities$0$0$0$0$15,029
Total Current Liabilities$2,062,766$2,673,137$3,503,380$2,032,132$1,277,931
Debt$0$0$0$0$0
Due To (From) Affiliates$0$0$0$0$0
Other Long-Term Liabilities$0$0$0$0$0
Total Long-Term Liabilities$0$0$0$0$0
TOTAL LIABILITIES$2,062,766$2,673,137$3,503,380$2,032,132$1,277,931
Assets20092008200720062005
Unrestricted$824,248$773,753$609,504$374,273$176,055
Temporarily Restricted$0$3,408$13,303$9,512$357,503
Permanently Restricted$0$0$0$0$0
NET ASSETS$824,248$777,161$622,807$383,785$533,558
Revenue and Expenses
Revenue20092008200720062005
Total Contributions$8,497,481$7,449,762$7,799,190$6,370,730$5,538,424
Program Service Revenue$0$0$0$0$0
Membership Dues$0$0$0$0$0
Investment Income$0$0$0$0($300,000)
Other Revenue$12,965$15,782$21,710$9,631$2,114
Total Other Revenue$12,965$15,782$21,710$9,631($297,886)
TOTAL REVENUE$8,510,446$7,465,544$7,820,900$6,380,361$5,240,538
Expenses20092008200720062005
Program Services$6,778,121$5,696,307$6,184,952$4,948,368$4,946,242
Management & General$902,301$854,559$762,891$711,829$398,026
Fundraising$782,937$760,324$634,035$869,937$655,819
TOTAL EXPENSES$8,463,359$7,311,190$7,581,878$6,530,134$6,000,087
Change in Net Assets20092008200720062005
SURPLUS (DEFICIT)$47,087$154,354$239,022($149,773)($759,549)
Other Changes in Net Assets$0$0$0$0$0
TOTAL CHANGE IN NET ASSETS$47,087$154,354$239,022($149,773)($759,549)