Radio Training Network, Inc.

Summary

Radio Training Network, Inc. ("RTN") strives to promote and foster formal educational and Christian broadcast education and training to accredited institutions and others through the acquisition, establishment, operation, and management of radio stations.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
2420 Wade Hampton Blvd.
Greenville, SC 29615-9615

Website:

Phone: (864) 292-6040

Email: karyn@rtn.cc


Organization details

EIN: 581585542

CEO/President: Mr. James Campbell

Chairman: Mr. Michael Watkins

Board size: 5

Founder:

Year founded: 1984

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1994


Purpose

Radio Training Network, Inc. ("RTN") strives to promote and foster formal educational and Christian broadcast education and training to accredited institutions and others through the acquisition, establishment, operation, and management of radio stations.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Mission statement


Statement of faith

Financial efficiency ratings

Sector: Radio/ TV Stations

CategoryRatingOverall rankSector rank
Overall efficiency rating218 of 4305 of 16
Fund acquisition rating186 of 4306 of 16
Resource allocation rating118 of 4303 of 16
Asset utilization rating364 of 43010 of 16

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%6%6%4%5%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%5%5%3%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%78%79%76%77%78%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%6%6%4%4%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%22%21%24%23%22%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%88%88%92%91%91%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%80%83%79%83%83%
Program output ratio Program output ratio =
Program services /
Total revenue
81%70%73%73%76%76%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%20%17%21%17%17%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%12%11%14%12%13%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%7%6%4%5%5%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.320.490.530.530.580.58
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.532.552.372.702.622.56
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.531.251.251.431.531.49
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.0922.6417.9417.9817.2122.35
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.040.060.060.060.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.079.159.077.947.377.68
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%3%3%4%5%8%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%1%6%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%199%184%182%163%158%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$15,008,181$14,641,062$11,352,272$10,026,130$9,251,900
Receivables, inventories, prepaids$936,979$530,624$515,961$545,571$582,035
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$15,945,160$15,171,686$11,868,233$10,571,701$9,833,935
Long-term investments$0$0$0$0$0
Fixed assets$7,138,216$6,512,342$6,419,934$5,795,668$4,753,888
Other long-term assets$17,644,382$14,205,425$13,717,694$11,378,247$10,629,077
Total long-term assets$24,782,598$20,717,767$20,137,628$17,173,915$15,382,965
Total assets$40,727,758$35,889,453$32,005,861$27,745,616$25,216,900
 
Liabilities20182017201620152014
Payables and accrued expenses$550,657$583,544$477,587$419,542$367,386
Other current liabilities$153,647$262,333$182,480$194,703$72,598
Total current liabilities$704,304$845,877$660,067$614,245$439,984
Debt$0$32,401$157,886$277,223$1,550,843
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$355,273$165,303$304,103$381,633$0
Total long-term liabilities$355,273$197,704$461,989$658,856$1,550,843
Total liabilities$1,059,577$1,043,581$1,122,056$1,273,101$1,990,827
 
Net assets20182017201620152014
Unrestricted$39,668,181$34,845,872$30,883,805$26,472,515$23,226,073
Temporarily restricted$0$0$0$0$0
Permanently restricted$0$0$0$0$0
Net assets$39,668,181$34,845,872$30,883,805$26,472,515$23,226,073
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$19,478,371$17,996,218$16,201,338$14,914,874$13,797,735
Program service revenue$5,141,118$4,434,557$4,284,859$4,336,746$3,542,289
Membership dues$0$0$0$0$0
Investment income$3,124$1,266$1,938$3,065$1,586
Other revenue$243,416$490,733$861,377$209,646$397,377
Total other revenue$5,387,658$4,926,556$5,148,174$4,549,457$3,941,252
Total revenue$24,866,029$22,922,774$21,349,512$19,464,331$17,738,987
 
Expenses20182017201620152014
Program services$17,502,701$16,716,818$15,579,929$14,781,918$13,401,050
Management and general$1,314,217$1,165,560$633,897$754,729$703,355
Fundraising$1,166,970$1,075,882$724,396$681,242$567,757
Total expenses$19,983,888$18,958,260$16,938,222$16,217,889$14,672,162
 
Change in net assets20182017201620152014
Surplus (deficit)$4,882,141$3,964,514$4,411,290$3,246,442$3,066,825
Other changes in net assets($59,832)($2,447)$0$0$0
Total change in net assets$4,822,309$3,962,067$4,411,290$3,246,442$3,066,825

Response from ministry

No response has been provided by this ministry.


History


Program accomplishments

Radio Training Network's accomplishments and programs primarily consist of operating five radio stations. The five radio stations are WLFJ - South Carolina, WJIS - Florida, WLPJ - Florida, WAFJ - Georgia, and KWND - Missouri.


Needs