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Trans World Radio

Rating
Sector:

Foreign Missions

Total
Revenue:

$37,245,000

Total
Expenses:

$37,527,000

Net
Assets:

$16,263,000
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 79.7% 89.5%
General & Admin 12.6% 4.4%
Fundraising 6.8% 6.6%
Savings .4% -.7%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

Trans World Radio (TWR) proclaims the Gospel of our Lord and Savior Jesus Christ in areas of the world where other forms of Christian wetness may not be possible. TWR also eagerly supports the work of evangelism and Christian nurturing in other countries, working in harmony with Christian missionaries and evangelical churches worldwide. Its media broadcasts the Gospel in more than 225 languages and dialects to more than 160 countries. Programs air from 2,000 worldwide outlets, including 14 major international sites, satellite, Internet, and local AM and FM stations.

Contact Information: [ Back to top ]

Mailing Address:PO Box 8700
Cary, NC
27512-8700
Website: www.twr.org
Phone:(919) 460-3700, (800) 456-7897
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 237346116
CEO/President: Lauren Libby Tax Deductible: Yes
Chairman: Dr.Thomas J. Lowell Fiscal Year End: December 31
Board Size: 13 Financial info from: Audit
Founder: Dr. Paul E. Freed Member of ECFA: Yes
Year Founded: 1952 Member of ECFA since: 1987

Purpose [ Back to top ]

Trans World Radio ("TWR") was founded in 1952 by Dr. Paul E Freed, a man with an intense desire to tell others about Jesus Christ. TWR's first programs aired in two languages from a transmitter in Tangier, Morocco, and now they air programs in more than 225 languages and dialects.

Trans World Radio participates in fulfilling the Great Commission utilizing mass media to proclaim the Gospel to as many people as possible, to instruct believers in Biblical principles, and to develop cooperative relationships with other ministries. TWR broadcasts to more than 160 countries via more than 2,000 broadcast outlets. It produces these programs to meet the unique needs of the people living in those regions of the world. Many programs are adapted for other broadcasters - ministries such as Thru the Bible Radio, Insight for Living, the International Mission Board, and the Billy Graham Evangelistic Association. 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 ]

Trans World Radio uses the following to communicate its purpose:

Our primary goal is to be obedient to what is commonly known as "the Great Commission." We've chosen radio as a tool in accomplishing that.

Program Accomplishments [ Back to top ]

Trans World Radio broadcasts to more than 160 countries via more than 2,000 broadcast outlets. It utilizes 40 transmitters from 14 primary sites worldwide and transmits by satellite to three continents. TWR consists of an international staff of more than 2,000 people serving in over 40 countries. TWR receives over 1.5 million letters yearly from listeners in more than 160 countries. TWR cooperates with Christian broadcasters, national program producers, mission organizations, denominations, local churches, and individuals.

Statement of Faith [ Back to top ]

Trans World Radio uses the following to express its faith:

WE BELIEVE:
1. In one Holy, Almighty God, eternally existing in three persons, the Father, the Son and the Holy Spirit, co-eternal in being, co-identical in nature, co-equal in power and glory, each with distinct personal attributes, but without division of nature, essence or being. (Biblical Reference: Deuteronomy 6:4, Matthew 28:19, John 1:1-2, II Corinthians 13:14, Philippines 2:6)

2. In the verbal and plenary inspiration of the Old and New Testaments; that they are infallible, inerrant in the original writings, and the final authority for faith and life. (Biblical Reference: II Timothy 3:16, II Peter 1:20-21, Matthew 5:18, John 16:12- 13)

3. That the Lord Jesus Christ, the eternal Son of God, without ceasing to be God, became man by the Holy Spirit and virgin birth; that he lived a sinless life on earth; that he died at Calvary as a satisfactory substitutionary sacrifice for sinners; that his body was buried in and arose from the tomb; that he ascended to Heaven and was glorified as a man at God's right hand; that He is coming again for His own and then to set up His Kingdom. (Biblical Reference: John 1:1, Matthew 1:20-23, II Corinthians 5:21, Hebrews 1:3, Hebrews 10:12, John 16: 7-11, Matthew 19:28, Matthew 25:31, II Timothy 2:8)

4. That the Holy Spirit is a divine person who convicts the world of sin, of righteousness and of judgement; that He is that supernatural agent in regeneration by whom all believers are baptized into the body of Christ; that he indwells and seals them until the day of redemption. He is the divine teacher and helper who guides believers into all truth; it is the privilege of all believers to be filled with the spirit. (Biblical Reference: John 16:7-15, 1 Corinthians 12:13, II Corinthians 1:22, Ephesians 1:13)

5. That God created man in His own image and in the state of innocence. Through Adam's transgression "sin entered the world, and death through sin;" and consequently, mankind inherited a corrupt nature, being born in sin and under condemnation. As soon as men are capable of moral action, they become actual transgressors in thought, word and deed. (Biblical Reference: Genesis 1:26-27, Romans 5:12, Romans 3:23, I John 1:8, Ephesians 2:3)

6. That salvation is a gift of God brought to men by grace and received only through personal repentance for sin and faith in the person and the finished work and atoning blood of Jesus Christ. (Biblical Reference: Ephesians 1:7, 2:1-10, John 1:12)

7. In the bodily resurrection of all men, the saved to eternal life and the unsaved to everlasting punishment. That the souls of the redeemed are, at death absent from the body and present with the Lord where, in conscious bliss they await the first resurrection when spirit, soul, and body are reunited to be glorified forever with the Lord. (Biblical Reference: Revelation 20, Acts 24:25, John 5:28-29, Luke 16:19-31, II Corinthians 5:8, I Thessalonians 4:14-17, I John 3:2)

8. That the church universal is a spiritual organism composed of the regenerated who are baptized into that body by the Holy Spirit at the time of the new birth and that the local church, the visible manifestation of the body, has the responsibility to provide for the fellowship and edification of believers and to propagate the Gospel into the world. (Biblical Reference: Acts 2, I Corinthians 12:13, Ephesians 5:27, Mark 16:15)

History [ Back to top ]

Trans World Radio was founded on February 11, 1952 to use mass communication to spread the good news of Jesus Christ. Burdened for the people of Spain, TWR founder Dr. Paul E Freed realized that radio would be the best tool for reaching those in this spiritually needy land. While visiting Tangier, Morocco, directly across the Strait of Gibraltar from Spain, he discovered an open door for the establishment of a missionary radio station.

Dr. Freed's father, Dr. Ralph Freed, a veteran missionary, sailed with his wife to Tangier to take charge of the operation. Dr. Ralph Freed gave TWR’s first Christian message on "The Voice of Tangier," which was broadcast in Spanish and English over a 2,500-watt transmitter on February 22, 1954. On January 1, 1956, the station expanded to 40 countries in more than 20 languages.

The Moroccan government announced that all radio installations in the country were to be nationalized as of December 31, 1959. Dr. Freed had begun negotiated with Radio Monte Carlo in Monaco on the European continent. In 1960, “The Voice of Tangier” moved across the Strait of Gibraltar to Monte Carlo and changing its name to "Trans World Radio."

TWR broadcasts continued from a transmitter constructed for Nazi propaganda purposes during World War II. Today TWR has transmitters in Monte Carlo, Bonaire, Swaziland, Cyprus, Guam, Sri Lanka, Uruguay, Albania, Russia, Johannesburg, and Poland. On October 16, 1960, TWR began broadcasting from a 100,000-watt transmitter on Mount Agel, high above the Principality of Monaco. These programs, which are in over 20 languages, target listeners in the CIS, Europe, and North Africa.

In August of 1964, Trans World Radio's 500,000-watt AM transmitter broadcast its first message from the island of Bonaire in the Netherlands Antilles. With salt flats and sea air, Bonaire provides excellent conductivity for the transmission of radio signals. The 180-acre site, which houses TWR's transmitter building and maintenance shops, broadcasts more than 70 hours of programming each week in four languages to northern South America and the Caribbean.

In August 1973, Swaziland, a small country located in the southeastern part of the continent of Africa, gave TWR permission to establish broadcast facilities there. This location broadcasts more than 260 hours per week of programming in more than 25 languages to sub-Saharan Africa and Pakistan.

In cooperation with Radio Monte Carlo, TWR began daily broadcasts from Cyprus on May 1, 1974 using a 600,000-watt AM transmitter. These broadcasts target an estimated 350 million people in 21 countries in the Middle East and North Africa.

On May 12, 1975, the American Federal Communications Commission (“FCC”) granted TWR permission to construct facilities on the island of Guam, and on August 22 the station began daily broadcasting. They added two 100,000-watt shortwave transmitters in 1977 and two more in 1981. This facility broadcasts in more than 35 languages to Central Asia, South Asia, Southeast Asia, and the Asia Pacific region.

On November 25, 1975, the Sri Lanka government granted permission for TWR to construct a 400,000-watt, AM station. In 1978, TWR-Sri Lanka began its broadcasts to India with over 40 hours of weekly programming in more than 15 languages.

In 1981 TWR established a cooperative relationship with an existing Uruguay radio station called "Radio Rural" ("Radio Capital" as of 1989). This station provides programming to an area referred to as the "Cono Sur" (Southern Cone) of South America. It is a significant supplement to TWR's Bonaire station and gives major coverage to a densely populated area, including northern Argentina and all of Uruguay. The station utilizes a 50,000-watt AM transmitter and broadcasts more than 20 hours per week in two languages.

On August 20, 1992, TWR signed a contract with Radio Tirana in Albania to begin broadcasting to Eastern Europe via AM radio. Named after Albania's capital city, Radio Tirana was used by the Communists to broadcast their propaganda for more than four decades. TWR began broadcasts from Albania on October 1, 1992, in four languages, and now, TWR-Albania broadcasts more than 95 hours per week in over 15 languages.

To reach the northernmost parts of India and the Himalayan countries, TWR met with representatives of the Main Center of Broadcasting Networks in Russia (Radio Moscow), which formerly represented the strong voice of Communism from the Soviet Union to the world. TWR and Radio Moscow reached an agreement to broadcast Christian programming into South Asia, and transmission began on June 1, 1993 to northern India, Bhutan, Nepal and Tibet. Today, TWR transmits more than 50 hours of programming in 30 languages weekly.

Trans World Radio’s transmitting stations numbered ten after the addition of a transmitting station south of Johannesburg, South Africa on December 4, 1994. This station has dramatically expanded TWR’s area of broadcast coverage on the African continent. On March 3, 1997, TWR’s 12th transmitting location at Szczecin, Poland, in northwest Poland near the Baltic Sea, began providing Christian programming to the people of Scandinavia.

Since then, TWR has added a 1-million watt AM transmitter in Central Asia on November 15th, 1996, a 1-million watt AM transmitter in Grigoriopol, Poland, on August 2nd, 1999, a 600,000 watt AM transmitter in St. Petersburg, Russia, on January 3rd, 2000, and a 50,000 shortwave watt transmitter in Brazil, on November 21, 2004.

Ministry Needs [ Back to top ]

In addition to numerous overseas opportunities, Trans World Radio has several needs for volunteers. Another way to get involved would be to become one of TWR cooperating broadcasters. If one presently has a radio ministry and a desire to expand into other languages, he or she can contact TWR. TWR will have information on the types of programs TWR is looking for and give a general idea of the cost involved in initiating an international broadcast.

TWR also has other special projects one can get involved with. More information on these projects may be found on their website.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria categoryGradeOther Comments
Timeliness:90
Financial Information:100
Foundational Clarity:10010/28/2011 8:48:09 PM: Descriptive information was abundant and thorough.
Level of Cooperation:100
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankForeign Missions Sector
Overall Efficiency RatingStarStarStar200 of 347    37 of 54
Fund Acquisition DecisionStarStar277 of 347      44 of 54
Resource Allocation DecisionStarStarStarStar61 of 347      7 of 54
Asset Utilization DecisionStarStarStar233 of 347      42 of 54
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Shining Light [ Back to top ]

2010 MinistryWatch.com Shining Light top ministry list
2009 MinistryWatch.com Shining Light top ministry list
2008 MinistryWatch.com Shining Light top ministry list
Supporters Might Say
  • TWR’s vast outreach is unparalleled in Christian radio.
  • TWR demonstrates openness and transparency regarding its finances, as evidenced by its A Transparency Grade in this ministry profile and the fact that the organization makes its annual report available on its website.
  • Several of TWR’s well-known and well-respected partners, such as Billy Graham and Charles Swindoll, enthusiastically endorse this organization.
  • TWR provides the infrastructure and expertise necessary for Christian radio ministries to get involved in overseas broadcasting.
  • TWR is sensitive to the needs of local churches in the areas where it broadcasts. TWR asks these churches the question: “How can we serve you?”
  • TWR receives numerous responses (1.5 million per year) from listeners, who testify to the value of TWR’s ministry in their lives.
  • TWR serves as a tremendous source of help and encouragement for missionaries serving in foreign fields.


Critics Might Say
  • A few of TWR’s programs (e.g., AIDS awareness) may, in some people’s thinking, diverge from the ministry’s vision statement of reaching the world for Christ.
  • Requiring its staff to raise their own support is certainly a common practice in missions, but for TWR this might mean that it is not availing itself of the best technical services.
  • Bible training is not required for most staff positions at TWR. Some may take this to imply that TWR’s staff is relatively disengaged from first-hand missions work.


Worldview Considerations
  • TWR subscribes to a sound, evangelical statement of faith.
  • TWR is a self-described “independent faith mission of evangelical persuasion.”
  • TWR emphasizes the importance of prayer.
  • TWR does not require applicants for long-term or short-term missionary positions to feel a “special call” to TWR. Agreement with TWR’s doctrinal position, possession of needed skills, church involvement, and the desire to do the work are sufficient.
  • TWR’s socially-oriented Africa programs are based upon a desire to proclaim a “holistic Gospel,” i.e., one which addresses man’s spiritual and physical needs.
  • TWR does not require formal Bible training for its staff, but they do require all staff members to demonstrate an understanding of “major Bible doctrines.”
  • TWR believes in the importance of theological education for Christian ministry and in the complementary nature of general education with believing the Bible.

Analyst Comments [ Back to top ]

Trans World Radio listed by MinistryWatch.com as a 2010 Shining Light ‘Top 30’ Exemplary Ministry.

This ministry is called a ‘Shining Light’ because it is indeed a model of letting their light shine before men, and God is to be glorified in what they are doing. Consequently, we are shining a figurative light on them so that donors may be aware of their good deeds.

Believers are recognizable by their fruit, which includes the services they perform for Him and for others. We see a glimpse of His light and glory in this ministry and if you do too, you should feel very good about giving to it; however, only you can decide for yourself with confidence if a ministry shares your values and with your giving plan.

Inclusion as a Shining Light does not mean it is perfect. No ministry is perfect and any that look long and hard enough may find areas for improvement; as no doubt most legitimate ministries are aware of areas to improve and have their own to-do list for improvement. As far as MinistryWatch.com’s assessment, given the criteria that we followed, this ministry rose among the top.

Identifying a diversity of the best ministries is challenging given the selfless work that so many do for the cause of Christ. MinistryWatch.com’s assessment looked at the following seven areas when considering those to make the list: (1) Transparency, (2) Truth Claims, (3) Values/ Worldview, (4) Sectors/Functions, (5) Resourcefulness, (6) Red Flag Issues, (7) Counsel with others.

A fuller explanation of our evaluation criteria is on the front page of MinistryWatch.com. As is evident, we looked at many factors and as such, a high Financial Efficiency Rating was not a requirement of inclusion on this list, although most do have good ratings. Many factors were reviewed and strengths in other areas can offset weakness in financial efficiency when determining whether a ministry should be of interest to donors seeking to be good stewards of their giving. A foundational premise was to shine a figurative light on those ministries that were "Christian" more than in name only. Ministries were chosen that were not just marketing to Christians as a market segment for "Christian donor money", but ministries that had theological underpinnings and Biblical values that determined their actions. Organizations that relied more on a secular motivation and means were excluded as well as those “ministries” that seem to view the organization as their own vehicle as a business to make money rather than a love to maximize ministry to others and to let their light shine for the glory of God.

MinistryWatch.com desires to see overall giving to Biblical Christian values increase and as such we developed this format to highlight those ministries which are exemplary. This ministry is an outstanding example when we consider it through the lens of Philippians 4:8 and weigh and take account of those ministries that are excellent and worthy of praise.
================================= MinistryWatch.com’s Take

To The Uttermost Parts of the Earth

The Congo. Siberia. Tibet. Cambodia. Bolivia. The Great Commission of Jesus Christ comprehends these and all other remote areas of the world as much as it does Paris, London, and New York. Christian missionaries have been going throughout the world proclaiming the Gospel message for nearly 2,000 years, but the fact remains that some areas of the world are just harder to reach than others. Physical, financial, geographical, and political obstacles can present serious challenges to the spread of the Gospel. Even when missionaries are able to reach their intended destinations, the challenges are great. Isolation, lack of resources, and the shear number of people to be reached can be overwhelming. Of course, the cause of Jesus Christ cannot be deterred, and the power of the God is sufficient to accomplish anything He desires, but Christians are also responsible to marshal their own small resources in his service. Over the course of the past half-century, radio broadcasting has proven to be one of the most efficient, effective, comprehensive, and consistent means of applying human ingenuity to the task of making disciples of every nation. The benefits of radio are obvious – messages can be broadcast to millions of people at once, as space, distance, time, and other traditional barriers to missions work are transcended through the ubiquitous medium of radio waves.

Trans World Radio (TWR) is an evangelical Christian organization whose vision is “to reach the world for Christ by mass media [radio, Internet, satellite] so that lasting fruit is produced.” TWR, as the name implies, includes no less than the entire globe in the scope of its mission. All told, TWR airs programs in more than 225 languages and dialects through short-wave, AM, and satellite radio. To get some idea of the breadth of TWR’s ministry, consider where its 14 super-power transmitting sites are located, and the areas which they reach with Bible-based Christian programming:

  • The Caribbean and South America: TWR transmitters in (1)* Bonaire, (2) Uruguay, and (3) Brazil, combine to broadcast Christian programming throughout the Caribbean and much of the northern and southern regions of South America.
  • Western Europe: TWR transmitters in (4) Monte Carlo and (5) St. Petersburg broadcast Christian programs throughout Western Europe, including Scandinavia, the Baltic region, and the former Soviet states.
  • Eastern Europe: TWR’s transmitters in (6) Albania and (7) Grigoriopol allow the ministry to broadcast programs to the Balkan Peninsula and the former Soviet states in Eastern Europe.
  • Africa: TWR’s Monte Carlo transmitter, together with a transmitter in (8) Cyprus, combine to reach Northern Africa with the biblical message of salvation in Jesus Christ. Super-transmitters in (9) Swaziland and (10) Johannesburg broadcast messages of hope and encouragement to the middle and southern regions of the African continent.
  • The Middle East: The transmitters in Swaziland and Cyprus, together with a super-power transmitter in (11) Central Asia, bring TWR’s message to countries throughout the Middle Eastern region.
  • Asia, India, and the Asia Pacific Region: Transmitters in Central Asia, (12) Russia, (13) Sri Lanka, and (14) Guam bring Christian programming to these vast and densely populated areas of the world. From Tibet to Taiwan, Mongolia to Malaysia, India to Indonesia, TWR is broadcasting the Good News of salvation in Jesus Christ and helping individuals, families, and churches to grow in their faith.


*The numbers next to the different transmitting sites here do not represent the chronological order in which each was acquired by TWR. For additional information concerning the history, locations, and capacities of these 13 transmitting sites see the “History” section (above) in this ministry profile.

In addition to the super-power transmitters, TWR programming is heard on more than 2,000 local radio stations and transmitters worldwide. TWR’s staff of 1,000 people is at work in 20 offices located throughout the globe. In order to promote its goal of reaching the world for Christ, TWR partners with Christian broadcasters, national program producers, local broadcast stations, mission organizations, denominations, local churches, and individuals. Numerous full-time, short-term, and volunteer missionary opportunities are available through TWR.

TWR’s ministry operates on two levels at once. (1) At the macro-level, TWR is engaged in building and maintaining a technological infrastructure which can carry Christian programming to people all over the globe, especially those living in remote and hard-to-reach locations. This involves tremendous effort and cost in areas of administration, technology, and planning. (2) At the micro-level, TWR is hard at work with its many partners in developing and translating programs, obtaining air time on more and more stations, arranging for follow-up activities to people who have indicated a response to the programs, and developing special radio-based projects which address specific spiritual and physical needs of people in a particular region.

Building the Church

TWR’s vision of using radio to reach the world for Christ is conceived as a service to the Church. The purpose of all of this radio broadcasting is to “assist the Church to fulfill the command of Jesus Christ to make disciples of all peoples. . . .” TWR’s radio broadcasts appear to be fulfilling this mission in a variety of ways, including: (a) As a missionary organization, TWR supplements and carries forward the work of the Church by sending a biblical message to remote places, densely populated regions, and/ or largely unreached peoples. (b) TWR provides incipient local churches with a consistent source of teaching, encouragement, and inspiration. TWR programs give churches without access to other ministry resources a basis on which to establish themselves and begin to grow. (c) Through serial radio education programs such as Theological Education by Extension and the Seminary on the Air, TWR provides remote training for local church leaders. Having a theologically educated leadership obviously strengthens the church both internally and in its mission to the surrounding community. (d) TWR is a source of help and encouragement for foreign (Western) missionaries serving in the field. TWR’s MemCare program, a 15-minute, English-language broadcast, is specifically designed to minister to missionaries and their families.

Some of TWR’s broadcasts are productions in translation of programs familiar to people in the U. S. (e.g., Focus on the Family, Insight for Living, and Thru the Bible). Other programs are developed, by TWR staff and in conjunction with other ministries, specifically for certain regions. Examples of these include: programs in Africa which focus upon AIDS education/ prevention, Project Hannah- a radio ministry that teaches the value, dignity, and issues of women from a biblical perspective and is broadcast in those areas of the world where women in particular suffer horrible social injustices, and an apologetics-type program produced in St. Petersburg, Russia which “introduces the concept that education and Christianity are not mutually exclusive.”

Raising Support

TWR does not ask for contributions on any of their programs. This policy helps the organization to “avoid any possible misunderstanding as to our motives for broadcasting. . . .” TWR’s financial support comes from two primary sources: (1) TWR’s cooperating broadcasters provide funds to cover the cost of broadcasting their programs over TWR’s transmitters. (2) Individuals and churches donate funds to TWR for the support of specific TWR staff and for TWR’s general fund. TWR’s website contains information about the funds needed to complete, maintain, or launch a particular project. People are given the opportunity to donate to specific ministry needs by calling a designated number, giving online, or responding by mail.

Around 95 percent of TWR’s program expenses are for radio broadcasting; the rest is used to promote missions awareness, as in helping churches to develop a missions strategy.

Ministry Statement or Response [ Back to top ]

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20092008200720062005
Return on FR Efforts10%18%18%15%17%0%
Fundraising Cost Ratio7%7%8%6%6%0%
Contributions Reliance83%37%46%40%35%0%
Fundraising Expense Ratio7%7%7%6%6%0%
Other Revenue Reliance17%63%54%60%65%0%
Operating RatiosDatabase Average20092008200720062005
Program Expense Ratio80%89%90%89%87%0%
Spending Ratio100%101%116%95%100%0%
Program Output Ratio80%90%104%85%88%0%
Savings Ratio0%-1%-16%5%0%0%
Reserve Accumulation Rate11%-2%-32%8%-1%0%
General & Admin Ratio13%4%3%5%7%0%
Investing RatiosDatabase Average20092008200720062005
Total Asset Turnover2.8x1.12x1.13x.91x1.03x0x
Degree of L-T Investment2.85x2.15x2.1x2.19x2.39x0x
Current Asset Turnover5.26x2.42x2.37x2x2.46x0x
Age of Assets9.7yr(s)0.0yr(s)0.0yr(s)0.0yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20092008200720062005
Current Ratio2964.81x3.85x3.32x3.88x4.04x0x
Current Liabilities Ratio.31x.26x.3x.26x.25x0x
Liquid Reserve Level4.96x3.68x3.54x4.46x3.67x0x
Solvency RatiosDatabase Average20092008200720062005
Liabilities Ratio.23x.51x.53x.47x.49x0x
Debt Ratio.06x0x0x0x.01x0x
Reserve Coverage Ratio80%43%42%58%50%0%

Financials[ Back to top ]

Balance Sheet
Assets20092008200720062005
Cash$7,310,000$7,718,000$9,670,000$6,651,000$5,412,000
Receivables, Inventories & Prepaids$3,646,000$3,702,000$4,001,000$4,027,000$5,514,000
Short-Term Investments$4,567,000$4,593,000$5,370,000$5,460,000$5,391,000
Other Current Assets$0$0$0$0$0
Total Current Assets$15,524,000$16,015,000$19,042,000$16,139,000$16,317,000
Long-Term Investments$2,302,000$2,739,000$2,936,000$3,162,000$1,954,000
Fixed Assets$8,957,000$8,960,000$9,984,000$10,211,000$10,758,000
Other Long-Term Assets$6,645,000$5,842,000$9,741,000$9,086,000$8,568,000
Total Long-Term Assets$17,906,000$17,542,000$22,662,000$22,461,000$21,282,000
TOTAL ASSETS$33,431,000$33,557,000$41,704,000$38,600,000$37,599,000
Liabilities20092008200720062005
Payables & Accrued Expenses$1,932,000$1,973,000$2,786,000$2,298,000$2,074,000
Other Current Liabilities$2,097,000$2,846,000$2,123,000$1,697,000$1,595,000
Total Current Liabilities$4,029,000$4,819,000$4,910,000$3,995,000$3,669,000
Debt$13,000$89,000$183,000$274,000$42,000
Due To (From) Affiliates$0$0$0$0$0
Other Long-Term Liabilities$13,124,000$12,754,000$14,704,000$14,592,000$7,982,000
Total Long-Term Liabilities$13,137,000$12,843,000$14,888,000$14,866,000$8,025,000
TOTAL LIABILITIES$17,167,000$17,663,000$19,798,000$18,862,000$11,694,000
Assets20092008200720062005
Unrestricted$6,746,000$6,435,000$10,133,000$9,649,000$15,269,000
Temporarily Restricted$5,649,000$6,031,000$6,712,000$5,140,000$6,012,000
Permanently Restricted$3,867,000$3,426,000$5,060,000$4,948,000$4,622,000
NET ASSETS$16,263,000$15,893,000$21,906,000$19,738,000$25,905,000
Revenue and Expenses
Revenue20092008200720062005
Total Contributions$13,754,000$14,927,000$15,823,000$13,781,000$16,189,000
Program Service Revenue$21,131,000$21,812,000$22,410,000$24,272,000$24,027,000
Membership Dues$0$0$0$0$0
Investment Income$1,460,000($2,198,000)$659,000$770,000$290,000
Other Revenue$898,000($1,774,000)$938,000$705,000$414,000
Total Other Revenue$23,490,000$17,839,000$24,007,000$25,748,000$24,732,000
TOTAL REVENUE$37,245,000$32,766,000$39,830,000$39,529,000$40,922,000
Expenses20092008200720062005
Program Services$33,371,000$34,010,000$33,799,000$34,721,000$34,306,000
Management & General$1,671,000$1,276,000$1,801,000$2,673,000$2,433,000
Fundraising$2,484,000$2,632,000$2,395,000$2,318,000$2,429,000
TOTAL EXPENSES$37,527,000$37,919,000$37,995,000$39,713,000$39,169,000
Change in Net Assets20092008200720062005
SURPLUS (DEFICIT)($281,000)($5,153,000)$1,835,000($184,000)$1,752,000
Other Changes in Net Assets$651,000($859,000)$333,000$167,000($625,000)
TOTAL CHANGE IN NET ASSETS$369,000($6,012,000)$2,168,000($16,000)$1,127,000