Turning Point for God

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

CategoryRatingOverall rankSector rank
Overall efficiency rating144 of 7174 of 22
Fund acquisition rating510 of 71816 of 22
Resource allocation rating161 of 7185 of 22
Asset utilization rating31 of 7172 of 22

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%10%10%11%10%10%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%9%9%10%10%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
90%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
10%6%5%4%5%5%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%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
79%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
2%6%17%5%-4%18%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
15%5%6%5%5%5%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.472.552.472.362.292.19
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.071.791.721.711.661.79
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.154.564.254.033.813.90
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
21.452.042.592.542.092.36
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.490.390.390.480.42
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
9.351.341.731.811.641.77
 
Solvency ratiosSector median20192018201720162015
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
209%24%25%23%21%23%

Financials

Balance sheet
 
Assets20192018201720162015
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
 
Liabilities20192018201720162015
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 assets20192018201720162015
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
 
Revenue20192018201720162015
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
 
Expenses20192018201720162015
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 assets20192018201720162015
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

Response from ministry

No response has been provided by this ministry.


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!


Needs