Three Angels Broadcasting Network Inc.

The information on this page was last updated 10/13/2023. If you see errors or omissions, please email: [email protected]


Summary

Three Angels Broadcasting Network (3ABN) is a 24-hour Christian television and radio network, consisting of nine television channels and five radio channels in English, Spanish, Portuguese, Russian, and French.

Known as the "Mending Broken People Network," we produce programming that reaches people where they hurt, offering real answers from God's Word, and spiritual nourishment to help them grow. Each hour of every day, our television and radio channels offer sound biblical preaching and teaching, as well as the best guidance on a wide range of health and family topics. In addition, we provide programs that especially target the needs of urban audiences, including Christian money management, parenting, and ex-offender rehabilitation. All this, plus uplifting music, live event coverage, and children's programming, helps us in proclaiming the three angels' messages of Revelation 14:6-12.


Contact information

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

Website: 3abn.org

Phone: (618) 627-4651

Email: [email protected]


Organization details

EIN: 371179056

CEO/President: Greg Morikone

Chairman: Bruce Fjarli

Board size: 9

Founder: Danny Shelton

Ruling year: 1986

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Known as the "Mending Broken People Network," we produce programming that reaches people where they hurt, offering real answers from God's Word, and spiritual nourishment to help them grow. Each hour of every day, our television and radio channels offer sound biblical preaching and teaching, as well as the best guidance on a wide range of health and family topics. In addition, we provide programs that especially target the needs of urban audiences, including Christian money management, parenting, and ex-offender rehabilitation. All this, plus uplifting music, live event coverage, and children's programming, helps us in proclaiming the three angels' messages of Revelation 14:6-12.


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

Donor confidence score

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Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Radio/ TV Stations

CategoryRatingOverall rankSector rank
Overall efficiency rating354 of 11019 of 28
Fund acquisition rating27 of 11021 of 28
Resource allocation rating228 of 11028 of 28
Asset utilization rating1063 of 110128 of 28

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%0%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
86%103%90%120%398%93%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
14%-3%10%-20%-298%7%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%81%83%82%78%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%98%82%102%458%101%
Program output ratio Program output ratio =
Program services /
Total revenue
70%80%68%84%359%81%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%2%18%-2%-358%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%1%12%-1%-48%-1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
16%19%17%18%22%20%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.360.200.170.200.170.15
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.938.175.015.688.469.45
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
0.851.650.861.121.471.42
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
15.816.3916.1513.749.219.28
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.160.060.070.110.11
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
13.766.1213.099.987.307.55
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%65%69%71%72%65%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
225%174%180%147%163%231%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$2,396,016$2,212,504$2,080,097$1,865,787$2,165,259
Receivables, inventories, prepaids$2,632,276$5,263,274$5,066,673$1,757,622$1,955,305
Short-term investments$3,797,973$8,783,770$6,318,527$5,752,895$5,998,010
Other current assets$0$0$0$0$0
Total current assets$8,826,265$16,259,548$13,465,297$9,376,304$10,118,574
Long-term investments$0$0$0$6,800,000$22,925,000
Fixed assets$8,477,474$8,747,360$8,776,727$9,286,281$8,947,842
Other long-term assets$54,798,915$56,428,667$54,293,246$53,828,144$53,674,832
Total long-term assets$63,276,389$65,176,027$63,069,973$69,914,425$85,547,674
Total assets$72,102,654$81,435,575$76,535,270$79,290,729$95,666,248
 
Liabilities20222021202020192018
Payables and accrued expenses$1,374,810$1,000,916$973,778$1,012,403$1,083,852
Other current liabilities$6,000$6,000$6,000$6,000$6,880
Total current liabilities$1,380,810$1,006,916$979,778$1,018,403$1,090,732
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$45,374,144$55,330,560$53,469,160$55,870,054$61,432,607
Total long-term liabilities$45,374,144$55,330,560$53,469,160$55,870,054$61,432,607
Total liabilities$46,754,954$56,337,476$54,448,938$56,888,457$62,523,339
 
Net assets20222021202020192018
Without donor restrictions$19,018,987$18,798,681$16,784,160$12,373,598$11,291,575
With donor restrictions$6,328,713$6,299,418$5,302,172$10,028,674$21,851,334
Net assets$25,347,700$25,098,099$22,086,332$22,402,272$33,142,909
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$15,335,024$15,229,362$17,705,194$11,944,106$13,173,328
Program service revenue$1,151,258$1,005,468$964,843$1,080,815$1,140,513
Membership dues$0$0$0$0$0
Investment income$165,989$333,331$41,816$20,771$63,328
Other revenue($1,808,622)$425,718($4,009,261)($10,048,287)($230,891)
Total other revenue($491,375)$1,764,517($3,002,602)($8,946,701)$972,950
Total revenue$14,843,649$16,993,879$14,702,592$2,997,405$14,146,278
 
Expenses20222021202020192018
Program services$11,812,452$11,542,916$12,328,976$10,764,499$11,510,654
Management and general$2,781,596$2,439,196$2,689,556$2,973,543$2,846,746
Fundraising$0$0$0$0$0
Total expenses$14,594,048$13,982,112$15,018,532$13,738,042$14,357,400
 
Change in net assets20222021202020192018
Surplus (deficit)$249,601$3,011,767($315,940)($10,740,637)($211,122)
Other changes in net assets$0$0$0$0$0
Total change in net assets$249,601$3,011,767($315,940)($10,740,637)($211,122)

Compensation

NameTitleCompensation
Danny SheltonConsult$97,420
Greg MorikonePresident$91,885
Jason BergmannTreasurer$76,030
Jill MorikoneSecretary$73,357
Yvonne Lewis-SheltonTrustee$56,399

Compensation data as of: 12/31/2022


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 10/13/2023. To update the information below, please email: [email protected]


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.

In 2000 3ABN expanded to provide worldwide satellite coverage for its television and radio networks. Additionally, 3ABN Radio, and 3ABN Latino came on board in successive years.

Today, 3ABN's lineup of television networks consists of 3ABN, 3ABN Latino, 3ABN Proclaim!, 3ABN Russia, 3ABN Dare to Dream Network, 3ABN Kids Network, and 3ABN Francais. 3ABN International Channel airs much of the same programming as our flagship 3ABN channel, but at hours more suitable for Europe, Africa, Asia, and the South Pacific.) In addition, 3ABN Radio can also be heard around the world via satellite, and on over 200 affiliate stations, and 3ABN Latino Radio carries Spanish radio programming.


Program accomplishments


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