Add ministry to your portfolio

The Christian Network, Inc./ CNI/ WORSHIP Network/ PRAISE TV Network

Rating
Sector:

Radio/ TV Stations

Total
Revenue:

$4,370,884

Total
Expenses:

$5,823,914

Net
Assets:

$1,760,733
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

Ministry Pie Chart

Age Size Box:

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

Summary

The Christian Network, Inc., ("CNI") is a church engaged in television broadcasting. CNI is the parent company of both the WORSHIP Network, started in September 1992, and the PRAISE TV Network, which began in December 1996. CNI programs marry the Gospel of Jesus Christ to the latest technologies. CNI was founded in 1992 by Lowell W. Paxson.

Contact Information: [ Back to top ]

Mailing Address:28059 US Highway 19, North Suite 300
Clearwater, FL
33761-3761
Website: www.worship.net
Phone:(727) 536-0036
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 593086047
CEO/President: Mr. Dustin Rubeck Tax Deductible: Yes
Chairman: Fiscal Year End: December 31
Board Size: Financial info from:
Founder: Mr. Lowell W. Paxson Member of ECFA: Yes
Year Founded: 1992 Member of ECFA since: 1995

Purpose [ Back to top ]

The Christian Network, Inc., ("CNI") is a church engaged in television broadcasting. CNI is the parent company of both the WORSHIP Network, started in September 1992, and the PRAISE TV Network, which began in December 1996. CNI programs marry the Gospel of Jesus Christ to the latest technologies. CNI was founded in 1992 by Lowell W. Paxson.

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 ]

The Christian Network, Inc statement of core values is as follows:

To glorify God: The Father, Son and Holy Spirit through ministry to the people or His world. We believe God created us to worship Him. To that end, WORSHIP was developed to help intensify every persons relationship with God and His church through the experience of personal worship.

Motivated by core values and a commitment to personal integrity and responsibility rather than governed by rules and managed by regulations, CNI has identified the following precepts upon which decisions will be based.

Truth, Relationships, Significance, Maturity, Creativity, Excellence

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

Statement of Faith [ Back to top ]

CNI uses the following to communicate its values:

The Church is founded on the belief that there is one God, eternally existent in three persons: Father, Son, and Holy Spirit. The Church is dedicated to the belief in the deity and lordship of Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His atoning death, in His resurrection, in His resurrection, in His ascension to the right hand of the Father and in His personal return in power and glory. The Church is dedicated to the belief that the Bible is the inspired, only infallible, and authoritative word of God. The Church is dedicated to the belief in the spiritual unity of believers in Christ and that for the salvation of the lost and sinful belief in Jesus Christ and regeneration by the holy Spirit is absolutely essential. The Church is committed to the propagation of its program service via radio and television for the religious inspiration, guidance and education of the peoples of the world, to the enrichment of life and for the salvation of individuals unto resurrection of life everlasting with God.

History [ Back to top ]

The Christian Network, Inc. began with a God-given vision to produce a non-stop Christian worship service created especially for television. Nothing like the beautiful WORSHIP music videos had been done before, and the subject of worship itself, had been long overlooked. When WORSHIP debuted, September 28, 1992, viewers were introduced to something unique - music, Bible study, interactive fellowship and prayer - in a format that emphasized God directed ministry rather than personality driven television. The WORSHIP Network is truly unique and uplifting television programming. The peaceful and encouraging programming is available exclusively through the WORSHIP Network 24 hours per day.

Worship was founded by Lowell "Bud" Paxson, who went on to form Paxson Communications Corporation. PAX Net's station group reaches more households than any other broadcaster in the United States. PAX Net was created as an alternative to the major networks and will provide clean, wholesome and family-friendly fare. The WORSHIP Network provides 35 hours of weekly programming to PAX Net, in addition to Worships 24-hour feed to other affiliates around the country.

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:7011/16/2011 9:15:40 AM: Organization made financial information available greater than 7 ½ months.
Financial Information:100
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 ]

This ministry has not been rated

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:

Financials[ Back to top ]

Balance Sheet
Assets20042003200220012000
Cash$941,389$473,842$595,721$3,128,179$4,235,492
Receivables, Inventories & Prepaids$466,011$380,275$431,309$241,186$318,039
Short-Term Investments$0$1,003,647$1,506,066$0$0
Other Current Assets$77,272$58,038$73,654$59,974$117,474
Total Current Assets$1,484,672$1,915,802$2,606,750$3,429,339$4,671,005
Long-Term Investments$0$0$0$18,932$182,859
Fixed Assets$344,214$2,640,427$2,746,807$2,877,764$2,903,114
Other Long-Term Assets$0$0$0$44,907$72,293
Total Long-Term Assets$344,214$2,640,427$2,746,807$2,941,603$3,158,266
TOTAL ASSETS$1,828,886$4,556,229$5,353,557$6,370,942$7,829,271
Liabilities20042003200220012000
Payables & Accrued Expenses$68,153$131,283$138,157$149,998$146,075
Other Current Liabilities$0$0$0$78,274$73,653
Total Current Liabilities$68,153$131,283$138,157$228,272$219,728
Debt$0$1,211,183$1,291,948$1,289,984$1,365,928
Due To (From) Affiliates$0$0$0$0$0
Other Long-Term Liabilities$0$0$108,302$0$6,436
Total Long-Term Liabilities$0$1,211,183$1,400,250$1,289,984$1,372,364
TOTAL LIABILITIES$68,153$1,342,466$1,538,407$1,518,256$1,592,092
Assets20042003200220012000
Unrestricted$1,760,733$3,213,763$3,815,150$4,852,686$6,237,179
Temporarily Restricted$0$0$0$0$0
Permanently Restricted$0$0$0$0$0
NET ASSETS$1,760,733$3,213,763$3,815,150$4,852,686$6,237,179
Revenue and Expenses
Revenue20042003200220012000
Total Contributions$696,977$1,456,377$1,097,040$649,903$408,406
Program Service Revenue$3,420,093$0$0$865,355$1,032,735
Membership Dues$0$0$0$0$0
Investment Income$47,812$91,059$158,396$367,817$2,597,408
Other Revenue$206,002$4,247,142$4,081,138$436,537$355,261
Total Other Revenue$3,673,907$4,338,201$4,239,534$1,669,709$3,985,404
TOTAL REVENUE$4,370,884$5,794,578$5,336,574$2,319,612$4,393,810
Expenses20042003200220012000
Program Services$4,776,121$4,723,644$4,674,848$2,049,335$1,492,539
Management & General$632,452$1,035,784$1,109,460$1,531,314$1,545,674
Fundraising$415,341$636,537$589,802$123,456$299,826
TOTAL EXPENSES$5,823,914$6,395,965$6,374,110$3,704,105$3,338,039
Change in Net Assets20042003200220012000
SURPLUS (DEFICIT)($1,453,030)($601,387)($1,037,536)($1,384,493)$1,055,771
Other Changes in Net Assets$0$0$0$0$0
TOTAL CHANGE IN NET ASSETS($1,453,030)($601,387)($1,037,536)($1,384,493)$1,055,771