Bible Study Time Inc. 
The information on this page was last updated 4/22/2024. If you see errors or omissions, please email: [email protected]
Summary
Bible Study Time was formed in 1974 as a non-profit organization. It broadcasts religious programming and includes Selective Religious Broadcasting as a service.
Contact information
Mailing address:
157 EAST ST JOHN STREET
SPARTANBURG, SC 29302
Website: https://biblestudytimeinc.org/
Phone: (864) 585-0470
Email: [email protected]
Organization details
EIN: 581137589
CEO/President: William Crews Jr./ Freda Crews
Chairman: Freda Crews
Board size: 5
Founder: Dr. William and Freda Crews
Ruling year: 1972
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
Select Religious Broadcasting Service, a division of Bible Study Time, will partner with your ministry in delivering God's timeless and life-changing message to the world.
Time for Hope, a ministry of Hope For Living Media Church and Bible Study Time, Inc., is a weekly television show which includes biblically based teaching by Dr. Freda Crews, and a talk and interview television show related to life issues with directions from the scriptures for living a life of joy, peace and hope.
Mission statement
The organization's mission is to spread the gospel of Jesus Christ to the world. Its mission is accomplished as a church through regular church worship and prayer services, television and radio programming, including supporting other organizations' television and radio programming, preaching, teaching, counseling, pastoral care, and audio, print, and visual media publication.
Statement of faith
Donor confidence score
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Radio/ TV Stations
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 398 of 1107 | 8 of 29 |
| Fund acquisition rating | | 492 of 1108 | 15 of 29 |
| Resource allocation rating | | 102 of 1108 | 4 of 29 |
| Asset utilization rating | | 800 of 1107 | 19 of 29 |
Financial ratios
| Funding ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 0% | 1% | 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 | 84% | 1% | 1% | 1% | 1% | 1% |
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 | 16% | 99% | 99% | 99% | 99% | 99% |
| Operating ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Program expense ratio Program expense ratio = Program services / Total expenses | 78% | 86% | 86% | 86% | 81% | 80% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 80% | 86% | 95% | 122% | 120% |
Program output ratio Program output ratio = Program services / Total revenue | 69% | 69% | 73% | 82% | 99% | 96% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 20% | 14% | 5% | -22% | -20% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | 3% | 2% | 1% | -3% | -3% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 15% | 14% | 14% | 14% | 19% | 20% |
| Investing ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.35 | 0.10 | 0.11 | 0.12 | 0.14 | 0.16 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.86 | 1.08 | 1.10 | 1.12 | 1.11 | 1.11 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 0.83 | 0.11 | 0.12 | 0.14 | 0.16 | 0.18 |
| Liquidity ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Current ratio Current ratio = Total current assets / Total current liabilities | 16.52 | 20194.82 | 38951.72 | 0.00 | 0.00 | 3096.59 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 13.88 | 106.86 | 102.53 | 87.12 | 75.06 | 68.34 |
| Solvency ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 11% | 0% | 0% | 0% | 0% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 228% | 963% | 936% | 813% | 697% | 635% |
Financials
| Balance sheet | |||||
| Assets | 2021 | 2020 | 2019 | 2018 | 2017 |
| Cash | $2,855,856 | $2,655,806 | $1,152,447 | $1,292,863 | $1,871,229 |
| Receivables, inventories, prepaids | $0 | $5,502 | $3,528 | $9,666 | $0 |
| Short-term investments | $8,897,530 | $8,634,692 | $9,694,729 | $9,538,140 | $9,313,666 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $11,753,386 | $11,296,000 | $10,850,704 | $10,840,669 | $11,184,895 |
| Long-term investments | $39,339 | $91,666 | $102,442 | $0 | $0 |
| Fixed assets | $430,662 | $449,472 | $663,493 | $696,749 | $738,596 |
| Other long-term assets | $484,138 | $537,965 | $537,965 | $537,965 | $537,965 |
| Total long-term assets | $954,139 | $1,079,103 | $1,303,900 | $1,234,714 | $1,276,561 |
| Total assets | $12,707,525 | $12,375,103 | $12,154,604 | $12,075,383 | $12,461,456 |
| Liabilities | 2021 | 2020 | 2019 | 2018 | 2017 |
| Payables and accrued expenses | $582 | $290 | $0 | $0 | $3,612 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $582 | $290 | $0 | $0 | $3,612 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $582 | $290 | $0 | $0 | $3,612 |
| Net assets | 2021 | 2020 | 2019 | 2018 | 2017 |
| Without donor restrictions | $12,706,943 | $12,374,813 | $12,154,604 | $12,075,383 | $12,457,844 |
| With donor restrictions | $0 | $0 | $0 | $0 | $0 |
| Net assets | $12,706,943 | $12,374,813 | $12,154,604 | $12,075,383 | $12,457,844 |
| Revenues and expenses | |||||
| Revenue | 2021 | 2020 | 2019 | 2018 | 2017 |
| Total contributions | $12,926 | $9,692 | $14,028 | $18,219 | $15,672 |
| Program service revenue | $968,101 | $883,606 | $915,274 | $1,017,710 | $1,167,983 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $786,405 | $659,509 | $652,064 | $394,618 | $442,395 |
| Other revenue | ($115,472) | ($10,501) | ($7,485) | ($6,604) | $5,889 |
| Total other revenue | $1,639,034 | $1,532,614 | $1,559,853 | $1,405,724 | $1,616,267 |
| Total revenue | $1,651,960 | $1,542,306 | $1,573,881 | $1,423,943 | $1,631,939 |
| Expenses | 2021 | 2020 | 2019 | 2018 | 2017 |
| Program services | $1,136,987 | $1,132,523 | $1,283,555 | $1,410,515 | $1,566,769 |
| Management and general | $182,843 | $189,524 | $211,105 | $322,517 | $396,598 |
| Fundraising | $0 | $50 | $0 | $0 | $0 |
| Total expenses | $1,319,830 | $1,322,097 | $1,494,660 | $1,733,032 | $1,963,367 |
| Change in net assets | 2021 | 2020 | 2019 | 2018 | 2017 |
| Surplus (deficit) | $332,130 | $220,209 | $79,221 | ($309,089) | ($331,428) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $332,130 | $220,209 | $79,221 | ($309,089) | ($331,428) |
Compensation
| Name | Title | Compensation |
| Dr Freda Crews | President | $336,856 |
| Mr William Crews Jr | President | $105,595 |
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 4/22/2024. To update the information below, please email: [email protected]
History
Select Religious Broadcasting was one of the first agencies in the country to specialize in religious programming. We are one of the largest and most respected religious agencies in the country. We bring more than 50 years of experience to the table. We have ministries that are on one station, a ministry on over 200 stations, and everything in between. We can take your ministry to the next level while working within your budget.
In September of 1989 in the providence of God, Dr. William R. Crews felt the Lord leading him to begin a weekly half-hour television program that would be unique and different from most of those provided on TV stations across America. After months of prayerfully pondering the idea, he became convinced that this was clearly the Lord's will for his life.
"The Awakening Hour" began on a few small stations. Using a one camera shot in a small rented room with only the white wall as a background, the program was birthed. From that humble and modest beginning, it has grown under the hand and blessing of God to become what it is today - an international Bible teaching / preaching program that is distinctly unique in its no frills, no nonsense, no entertainment approach to Christian TV.
To the glory of God, people are being reached with the real, unwatered down, uncompromised, unpolitical, complete Gospel of Christ. Dr Crews feels that the Lord wants him to deal with vital subjects in a bold, direct, plain and often confrontational way that is often neglected today. The name, "Awakening Hour" indicates that it is a program designed to inform, enlighten, disturb, and arouse.