Radio Training Network, Inc.

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/21/2020. To update the information in this column, please email: info@ministrywatch.com


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

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Radio/ TV Stations

CategoryRatingOverall rankSector rank
Overall efficiency rating467 of 94015 of 30
Fund acquisition rating468 of 94217 of 30
Resource allocation rating307 of 94210 of 30
Asset utilization rating643 of 94020 of 30

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%6%6%6%6%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%5%5%5%5%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%80%78%78%79%76%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%7%6%6%6%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%20%22%22%21%24%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%83%87%88%88%92%
Spending ratio Spending ratio =
Total expenses /
Total revenue
92%76%80%80%83%79%
Program output ratio Program output ratio =
Program services /
Total revenue
73%64%70%70%73%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
8%24%20%20%17%21%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
9%12%12%12%11%14%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%10%7%7%6%4%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.500.380.460.490.530.53
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.951.912.082.552.372.70
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.280.730.951.251.251.43
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.7336.1522.4322.6417.9417.98
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.030.040.040.060.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
8.7516.0312.099.159.077.94
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
4%2%3%3%3%4%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
163%258%213%199%184%182%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$26,465,174$21,059,083$15,008,181$14,641,062$11,352,272
Receivables, inventories, prepaids$1,061,688$1,462,538$936,979$530,624$515,961
Short-term investments$0$1,012$0$0$0
Other current assets$0$0$0$0$0
Total current assets$27,526,862$22,522,633$15,945,160$15,171,686$11,868,233
Long-term investments$0$0$0$0$0
Fixed assets$6,802,637$6,550,273$7,138,216$6,512,342$6,419,934
Other long-term assets$18,322,718$17,695,714$17,644,382$14,205,425$13,717,694
Total long-term assets$25,125,355$24,245,987$24,782,598$20,717,767$20,137,628
Total assets$52,652,217$46,768,620$40,727,758$35,889,453$32,005,861
 
Liabilities20202019201820172016
Payables and accrued expenses$628,293$711,861$550,657$583,544$477,587
Other current liabilities$133,138$292,151$153,647$262,333$182,480
Total current liabilities$761,431$1,004,012$704,304$845,877$660,067
Debt$0$0$0$32,401$157,886
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$273,305$286,593$355,273$165,303$304,103
Total long-term liabilities$273,305$286,593$355,273$197,704$461,989
Total liabilities$1,034,736$1,290,605$1,059,577$1,043,581$1,122,056
 
Net assets20202019201820172016
Without donor restrictions$51,520,481$45,244,890$39,668,181$34,845,872$30,883,805
With donor restrictions$97,000$233,125$0$0$0
Net assets$51,617,481$45,478,015$39,668,181$34,845,872$30,883,805
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$20,953,661$20,733,603$19,478,371$17,996,218$16,201,338
Program service revenue$4,974,966$5,506,114$5,141,118$4,434,557$4,284,859
Membership dues$0$0$0$0$0
Investment income$60,255$194,969$3,124$1,266$1,938
Other revenue$268,051$254,945$243,416$490,733$861,377
Total other revenue$5,303,272$5,956,028$5,387,658$4,926,556$5,148,174
Total revenue$26,256,933$26,689,631$24,866,029$22,922,774$21,349,512
 
Expenses20202019201820172016
Program services$16,706,671$18,656,917$17,502,701$16,716,818$15,579,929
Management and general$1,973,537$1,440,997$1,314,217$1,165,560$633,897
Fundraising$1,357,218$1,267,599$1,166,970$1,075,882$724,396
Total expenses$20,037,426$21,365,513$19,983,888$18,958,260$16,938,222
 
Change in net assets20202019201820172016
Surplus (deficit)$6,219,507$5,324,118$4,882,141$3,964,514$4,411,290
Other changes in net assets($80,041)($56,383)($59,832)($2,447)$0
Total change in net assets$6,139,466$5,267,735$4,822,309$3,962,067$4,411,290

Compensation

NameTitleCompensation
James L CampbellPresident/Ce$363,143
Steve BarrettAccount Exec$260,544
Johanna M AntesDirector of$207,236
Carmen B RadekaGeneral Mgr$178,860
W Allen HendersonGeneral Mgr$164,912
Thomas L BrownAnnouncer -$162,021
Ruth J CampbellAssistant Se$117,949

Compensation data as of: 12/31/2019


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 12/21/2020. To update the information below, please email: info@ministrywatch.com


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.


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