Turning Point for God 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/9/2020. To update the information in this column, please email: info@ministrywatch.com
Summary
Turning Point for God was founded as the broadcast ministry of Dr. David Jeremiah to deliver the unchanging Word of God to an ever-changing world. Over the years, the phenomenal growth of the English broadcast ministry has enabled David Jeremiah's teaching to be translated into multiple languages, taking the ministry outreach beyond our borders. Today, Turning Point reaches every state in the U.S., covers six continents, and touches people around the globe with the saving knowledge of Jesus Christ.
Contact information
Mailing address:
P. O. Box 3838
San Diego, CA 92163-2163
Website: www.turningpointradio.org
Phone: 877-998-0222
Email: info@davidjeremiah.org
Organization details
EIN: 330095805
CEO/President: Dr. David Jeremiah
Chairman:
Board size: 0
Founder:
Year founded: 1997
Tax deductible: Yes
Fiscal year end:
Member of ECFA: No
Member of ECFA since:
Purpose
We strive to promote ministry in the lives of our listeners by teaching them to reach their own circle of influence for Jesus Christ and to build up the local church by building-up the people of the local church. We are dedicated to the daily walk of our listeners and viewers by providing Bible study resources to help them grow spiritually.
Mission statement
Turning Point's mission is to deliver the unchanging Word of God to an ever-changing world.
Statement of faith
The church faith is expressed in that form of doctrine generally held by those known as Baptists, the distinguishing features of which are stated below. As Baptists, we stand for the supreme authority of the Word of God as the only rule of faith and practice, as opposed to all human traditions. We stand for the ordinances of Baptism and the Lord's Supper as Christ enjoined them upon His followers; the same in number, in act, in order and in symbolic meaning, unchanged and unchangeable 'til He comes again. As a New Testament Church, we affirm our belief in the individual priesthood of the believer, in the verbal inspiration and authority of the Scriptures; in the Virgin Birth and essential Deity of our Lord; in His atoning death and bodily resurrection; in His ascension into Heaven and promised endowment of the Holy Spirit; in His personal, visible premillennial return and ultimate and undisputed Kingdom and reign. We stand for a regenerated and spiritual church, holding that only those who have confessed a personal faith in Jesus Christ as Savior and Lord shall be received into this church or welcomed to its ordinances. In church policy we believe: That a Christian Church is a local congregation, under Christ complete in itself, sovereign and independent. That Christ committed to each church the sole guardianship and control of the ordinances; i.e., preaching the Gospel, baptizing and administering the Lord's Supper. That all church rights and privileges are limited to the discipline of each local church. That no semblance of ecclesiastical authority can be exercised except by a local church. The local church alone can elect, commission, and depose its officers, receive discipline and exclude its members.
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Radio/ TV Stations
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 178 of 817 | 5 of 25 |
| Fund acquisition rating | | 621 of 817 | 18 of 25 |
| Resource allocation rating | | 150 of 817 | 6 of 25 |
| Asset utilization rating | | 46 of 817 | 2 of 25 |
Financial ratios
| Funding ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 10% | 10% | 11% | 10% | 10% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 9% | 9% | 10% | 10% | 9% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 94% | 95% | 96% | 95% | 95% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 9% | 10% | 10% | 10% | 10% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 6% | 5% | 4% | 5% | 5% |
| Operating ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 78% | 86% | 84% | 85% | 86% | 86% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 99% | 96% | 99% | 101% | 96% |
Program output ratio Program output ratio = Program services / Total revenue | 77% | 84% | 81% | 84% | 86% | 82% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 1% | 4% | 1% | -1% | 4% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | 6% | 17% | 5% | -4% | 18% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 5% | 6% | 5% | 5% | 5% |
| Investing ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.49 | 2.55 | 2.47 | 2.36 | 2.29 | 2.19 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.08 | 1.79 | 1.72 | 1.71 | 1.66 | 1.79 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.47 | 4.56 | 4.25 | 4.03 | 3.81 | 3.90 |
| Liquidity ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 21.26 | 2.04 | 2.59 | 2.54 | 2.09 | 2.36 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.49 | 0.39 | 0.39 | 0.48 | 0.42 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 7.93 | 1.34 | 1.73 | 1.81 | 1.64 | 1.77 |
| Solvency ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 3% | 39% | 37% | 47% | 52% | 49% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 12% | 15% | 24% | 23% | 25% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 180% | 24% | 25% | 23% | 21% | 23% |
Financials
| Balance sheet | |||||
| Assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Cash | $3,493,920 | $4,118,467 | $4,371,822 | $5,138,487 | $5,126,171 |
| Receivables, inventories, prepaids | $10,338,947 | $8,897,299 | $8,349,806 | $8,639,463 | $7,415,125 |
| Short-term investments | $0 | $0 | $1,072 | $184,114 | $232,438 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $13,832,867 | $13,015,766 | $12,722,700 | $13,962,064 | $12,773,734 |
| Long-term investments | $450,000 | $450,000 | $0 | $85,000 | $0 |
| Fixed assets | $8,616,041 | $7,296,399 | $7,569,970 | $7,891,968 | $8,819,905 |
| Other long-term assets | $1,845,635 | $1,662,427 | $1,476,514 | $1,288,857 | $1,207,498 |
| Total long-term assets | $10,911,676 | $9,408,826 | $9,046,484 | $9,265,825 | $10,027,403 |
| Total assets | $24,744,543 | $22,424,592 | $21,769,184 | $23,227,889 | $22,801,137 |
| Liabilities | 2019 | 2018 | 2017 | 2016 | 2015 |
| Payables and accrued expenses | $6,793,085 | $5,024,429 | $5,001,847 | $6,677,282 | $5,409,062 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $6,793,085 | $5,024,429 | $5,001,847 | $6,677,282 | $5,409,062 |
| Debt | $2,941,528 | $3,317,918 | $5,127,685 | $5,437,177 | $5,678,727 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $33,756 |
| Total long-term liabilities | $2,941,528 | $3,317,918 | $5,127,685 | $5,437,177 | $5,712,483 |
| Total liabilities | $9,734,613 | $8,342,347 | $10,129,532 | $12,114,459 | $11,121,545 |
| Net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Unrestricted | $13,389,144 | $12,055,779 | $9,000,895 | $8,142,447 | $9,280,661 |
| Temporarily restricted | $0 | $0 | $2,638,757 | $2,970,983 | $2,398,931 |
| Permanently restricted | $1,620,786 | $2,026,466 | $0 | $0 | $0 |
| Net assets | $15,009,930 | $14,082,245 | $11,639,652 | $11,113,430 | $11,679,592 |
| Revenues and expenses | |||||
| Revenue | 2019 | 2018 | 2017 | 2016 | 2015 |
| Total contributions | $60,338,197 | $54,645,335 | $49,580,304 | $49,862,775 | $49,508,644 |
| Program service revenue | $1,313,290 | $572,270 | $232,650 | $807,450 | $119,000 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $28,605 | $14,327 | ($82,762) | $11,958 | $16,611 |
| Other revenue | $2,360,883 | $2,501,465 | $2,075,333 | $2,000,324 | $2,318,204 |
| Total other revenue | $3,702,778 | $3,088,062 | $2,225,221 | $2,819,732 | $2,453,815 |
| Total revenue | $64,040,975 | $57,733,397 | $51,805,525 | $52,682,507 | $51,962,459 |
| Expenses | 2019 | 2018 | 2017 | 2016 | 2015 |
| Program services | $54,009,661 | $46,594,838 | $43,493,117 | $45,488,946 | $42,777,230 |
| Management and general | $3,131,447 | $3,360,578 | $2,525,159 | $2,471,047 | $2,309,374 |
| Fundraising | $5,972,182 | $5,335,388 | $5,261,027 | $5,217,214 | $4,758,471 |
| Total expenses | $63,113,290 | $55,290,804 | $51,279,303 | $53,177,207 | $49,845,075 |
| Change in net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Surplus (deficit) | $927,685 | $2,442,593 | $526,222 | ($494,700) | $2,117,384 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $927,685 | $2,442,593 | $526,222 | ($494,700) | $2,117,384 |
Compensation
| Name | Title | Compensation |
| David M Jeremiah | COO/Director | $382,657 |
| Paul Joiner | Dir. Creative Svcs | $257,040 |
| Brian Bishop | Dir. Development (Part Year) | $215,392 |
| Greg Webster | Development Representative | $203,530 |
| Brian Cook | CFO | $187,341 |
| Tom Grothause | Dir. Info Technology | $175,819 |
| Roger Locke | Programmer | $163,554 |
| Eric Seaberg | Dir. Programming | $149,310 |
| David P Jeremiah | President/CEO/Director | $110,823 |
| Donna M Jeremiah | Secretary/Director | $82,444 |
Compensation data as of: 6/30/2019
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/9/2020. To update the information below, please email: info@ministrywatch.com
History
Program accomplishments
Turning Point Radio reaches a potential worldwide audience of 480 million people through nearly 2 million annual broadcasts. Turning Points Magazine and Devotional is delivered to more than 300,000 homes every month. More than 23,000 attendees participated in the Overcomer Tour in 2018, resulting in 127 decisions for Christ!