Three Angels Broadcasting Network Inc

Summary

Three Angels Broadcasting Network offers a wide variety of family friendly Christian programming, 24 hours a day. Believing a healthy mind promotes a healthy spiritual life, 3ABN considers health programming to be of particular importance. 3ABN broadcasts eight television networks.


Contact information

Mailing address:
Three Angels Broadcasting Network
PO Box 220
West Frankfort, IL 62896

Website: 3abn.org

Phone: (618) 627-4651

Email: mail@3abn.org


Organization details

EIN: 371179056

CEO/President: Greg Morikone

Chairman: Bruce Fjarli

Board size: 10

Founder: Danny Shelton

Year founded: 1986

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Three Angels Broadcasting Network (3ABN) is the "Mending Broken People Network," a 24-hour Christian television and radio network. 3ABN's focus is to present programming which will reach people right where they are hurting.


Mission statement

The mission of 3ABN is to proclaim the gospel of salvation through Jesus Christ, and herald his soon return. We do this through the medium of television, radio, and the internet. It is also our mission to continue the healing ministry of Christ through programs on various health and recovery topics.


Statement of faith

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Radio/ TV Stations

CategoryRatingOverall rankSector rank
Overall efficiency rating342 of 53512 of 23
Fund acquisition rating99 of 5354 of 23
Resource allocation rating334 of 53511 of 23
Asset utilization rating519 of 53520 of 23

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%0%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%50%91%94%92%92%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%50%9%6%8%8%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%77%77%72%81%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%53%118%122%111%95%
Program output ratio Program output ratio =
Program services /
Total revenue
80%41%91%87%90%74%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%47%-18%-22%-11%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%39%-12%-13%-6%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%23%23%28%19%22%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.170.140.150.160.160.15
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.579.4315.1313.0512.1011.05
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.231.342.312.091.921.64
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.327.960.640.821.452.13
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.131.561.210.690.47
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.617.82-2.94-1.231.963.88
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%67%81%79%75%74%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
71%230%128%132%155%175%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$4,759,291$1,566,651$835,228$670,424$1,177,379
Receivables, inventories, prepaids$2,269,368$2,344,494$4,347,670$4,669,306$4,863,009
Short-term investments$3,758,304$3,020,839$3,089,088$3,415,453$3,550,712
Other current assets$0$0$0$0$0
Total current assets$10,786,963$6,931,984$8,271,986$8,755,183$9,591,100
Long-term investments$22,925,000$22,925,000$22,925,000$22,925,000$22,925,000
Fixed assets$9,542,686$10,578,235$11,336,601$10,205,778$9,686,199
Other long-term assets$58,492,498$64,450,156$65,397,180$64,041,966$63,746,750
Total long-term assets$90,960,184$97,953,391$99,658,781$97,172,744$96,357,949
Total assets$101,747,147$104,885,375$107,930,767$105,927,927$105,949,049
 
Liabilities20172016201520142013
Payables and accrued expenses$1,354,635$10,843,843$10,049,636$6,010,946$4,496,623
Other current liabilities$0$0$0$8,500$12,500
Total current liabilities$1,354,635$10,843,843$10,049,636$6,019,446$4,509,123
Debt$0$2,458$8,807$14,131$19,882
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$67,038,481$73,602,188$74,984,627$73,938,790$73,858,346
Total long-term liabilities$67,038,481$73,604,646$74,993,434$73,952,921$73,878,228
Total liabilities$68,393,116$84,448,489$85,043,070$79,972,367$78,387,351
 
Net assets20172016201520142013
Unrestricted$12,420,583$680,071$3,820,972$6,187,504$6,046,761
Temporarily restricted$20,933,448$19,756,815$19,066,725$19,768,056$21,514,937
Permanently restricted$0$0$0$0$0
Net assets$33,354,031$20,436,886$22,887,697$25,955,560$27,561,698
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$13,827,079$12,367,433$13,373,686$13,992,943$15,238,063
Program service revenue$1,141,830$1,178,417$1,107,620$1,157,569$1,112,062
Membership dues$0$0$0$0$0
Investment income$12,056,787$77,586$393,869($92,158)($7,665)
Other revenue$364,697($85,472)($641,338)$107,386$252,005
Total other revenue$13,563,314$1,170,531$860,151$1,172,797$1,356,402
Total revenue$27,390,393$13,537,964$14,233,837$15,165,740$16,594,465
 
Expenses20172016201520142013
Program services$11,133,478$12,353,476$12,380,711$13,616,361$12,265,368
Management and general$3,339,770$3,635,299$4,920,989$3,155,517$3,462,786
Fundraising$0$0$0$0$0
Total expenses$14,473,248$15,988,775$17,301,700$16,771,878$15,728,154
 
Change in net assets20172016201520142013
Surplus (deficit)$12,917,145($2,450,811)($3,067,863)($1,606,138)$866,311
Other changes in net assets$0$0$0$0$0
Total change in net assets$12,917,145($2,450,811)($3,067,863)($1,606,138)$866,311

Response from ministry

No response has been provided by this ministry.


History

Three Angels Broadcasting Network began in the early morning hours of November 15, 1984 when Danny Shelton, a carpenter from Southern Illinois, was kept awake by troubling thoughts. As he recalled the Christian television stations where he and his daughter Melody had sung gospel music, he felt concerned about the way God was misrepresented at times. Longing to find a way to express God's love to the world, he suddenly felt strongly impressed to "build a television station that would reach the world with the undiluted three angels' messages [of Revelation 14]. One that would counteract the counterfeit." Although he had no degree in communications, nor any experience in television, Danny immediately began to explore the ideas that finally developed into Three Angels Broadcasting Network. He visited a pastor friend, Hal Steenson, who had some television equipment, sharing what he was impressed to do. His friend told him that someone had recently offered to buy his equipment, but he had been strongly impressed to keep it until God directed him otherwise. Then, to his amazement, Hal volunteered to donate the equipment to him a short time later! Many more things happened in the next few months. As Danny began speaking at area churches, others began to catch his vision. Mrs. Fonda Summers donated two acres of land in Thompsonville, Illinois, on which to build the station. Later, when a microwave signal interference study was conducted on the property, an amazed technician remarked, "Mr. Shelton, you must be the luckiest man I know, because you have a clean sweep of every satellite in the horizon without microwave interference on those two acres. This is probably one of the only sites left in all of southern Illinois!" A visit to the local Christian television station a few days later brought about another conversation, this time with Clarence Larson, the station engineer. After introducing himself to Danny, he pulled him aside and said, "I don't know why I'm telling you this, but I believe a satellite uplink station could be built here in southern Illinois out in the Thompsonville area." Interestingly, Clarence volunteered this information with no knowledge of Danny's dream. As progress on the project continued, Clarence began helping Danny. One day he realized that three-phase power would be required to operate the station, but the cost to run lines from the nearest main road was prohibitive. Upon investigation, he discovered three-phase power lines a few hundred feet (about a hundred meters) away from the property-simply following a country road. When Danny contacted the power company, he asked why those lines ran through open fields, away from any factories or heavy machinery. The power company response? "We honestly have no idea." As Danny moved forward in faith, the doors continued to open. A satellite uplink dish manufacturer agreed to begin building a nearly $400,000 satellite dish with only $10,000 down payment, and over the next few months, studio and office facilities were built and equipment was purchased and installed-without incurring any debt! Amazingly, on November 23, 1986, just over two years after Danny had been impressed to build it, Three Angels Broadcasting Network began to broadcast on satellite.


Program accomplishments


Needs