Changed Lives

Summary

Changed Lives formerly Ben Haden Evangelical Association, Inc. (BHEA) produced a weekly worldwide TV and radio program under the name of Changed Lives for more than a generation. In may 2001, Changed Lives transferred its TV and radio times and contracts to Leading the Way with Dr. Michael Youssef. BHEA is now concentrating on the INTERNET, seven days a week, 24 hours a day, using state-of-the-art internet streaming with video and audio on demand.

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


Contact information

Mailing address:
P.O. Box 100
1200 Mountain Creek Road , Bldg 200
Chattanooga, TN 37401-7401

Website: www.changedlives.org

Phone: (423) 875-0911

Email: changedlives@netol.net


Organization details

EIN: 626081698

CEO/President: Mr. Scott Probasco, Jr.

Chairman: Dr. Ben Haden

Board size: 9

Founder: Dr. Ben Haden

Year founded: 1968

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1987


Purpose

Ben Haden Evangelical Association, Inc. (BHEA) produced a weekly worldwide TV and radio program under the name of Changed Lives for more than a generation. In may 2001, Changed Lives transferred its TV and radio times and contracts to Leading the Way with Dr. Michael Youssef. BHEA is now concentrating on the INTERNET, seven days a week, 24 hours a day, using state-of-the-art internet streaming with video and audio on demand.

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


Mission statement


Statement of faith

Financial efficiency ratings

Sector: Educational Media

CategoryRatingOverall rankSector rank
Overall efficiency rating423 of 43049 of 50
Fund acquisition rating429 of 43050 of 50
Resource allocation rating425 of 43049 of 50
Asset utilization rating311 of 43034 of 50

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%55%56%65%7%33%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%49%41%50%8%13%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%88%72%78%119%39%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%10%10%8%5%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%12%28%22%-19%61%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%75%77%82%83%74%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%480%405%611%153%155%
Program output ratio Program output ratio =
Program services /
Total revenue
81%360%313%499%128%115%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-380%-305%-511%-53%-55%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-13%-12%-15%-6%-4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%15%13%10%11%17%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.320.170.160.180.160.10
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.531.021.021.021.021.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.530.170.160.180.160.10
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.0910498.901128.071374.55758.97131.24
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.000.000.000.000.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.0770.5075.6365.7573.56116.75
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%0%0%0%0%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%600%643%558%623%987%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$2,403,168$3,982,814$6,798,462$4,232,965$5,004,033
Receivables, inventories, prepaids$122,973$117,192$27,338$61,353$0
Short-term investments$3,794,199$3,059,856$1,191,934$4,949,167$4,832,410
Other current assets$0$0$0$0$0
Total current assets$6,320,340$7,159,862$8,017,734$9,243,485$9,836,443
Long-term investments$0$0$0$0$0
Fixed assets$131,761$149,784$145,912$149,516$142,808
Other long-term assets$0$0$0$0$0
Total long-term assets$131,761$149,784$145,912$149,516$142,808
Total assets$6,452,101$7,309,646$8,163,646$9,393,001$9,979,251
 
Liabilities20182017201620152014
Payables and accrued expenses$602$6,347$5,833$12,179$74,952
Other current liabilities$0$0$0$0$0
Total current liabilities$602$6,347$5,833$12,179$74,952
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$602$6,347$5,833$12,179$74,952
 
Net assets20182017201620152014
Unrestricted$6,451,499$6,945,822$7,800,683$9,024,339$9,547,539
Temporarily restricted$0$357,477$357,130$356,483$356,760
Permanently restricted$0$0$0$0$0
Net assets$6,451,499$7,303,299$8,157,813$9,380,822$9,904,299
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$197,246$202,463$186,355$1,164,209$250,978
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$26,689$78,118$52,850($181,811)$396,673
Other revenue$0$0$0$0$0
Total other revenue$26,689$78,118$52,850($181,811)$396,673
Total revenue$223,935$280,581$239,205$982,398$647,651
 
Expenses20182017201620152014
Program services$806,625$877,716$1,192,593$1,255,958$745,846
Management and general$159,883$143,705$149,098$171,868$175,087
Fundraising$109,227$113,674$120,523$78,049$82,407
Total expenses$1,075,735$1,135,095$1,462,214$1,505,875$1,003,340
 
Change in net assets20182017201620152014
Surplus (deficit)($851,800)($854,514)($1,223,009)($523,477)($355,689)
Other changes in net assets$0$0$0$0$0
Total change in net assets($851,800)($854,514)($1,223,009)($523,477)($355,689)

Response from ministry

No response has been provided by this ministry.


History

Ben Haden Evangelical Association, Inc was formed in 1967 not long after Ben Haden arrived at First Presbyterian Church in Chattanooga, TN. Mr. Haden launched his own radio ministry, "Changed Lives," on radio station WFLI in Chattanooga. Mr. Haden, a former Kingsport, Tenn. newspaperman who had made a midlife acceptance of Christ as his personal savior, had been serving as pastor as Key Biscayne Presbyterian Church near Miami, Fla. He was already familiar to many First Presbyterian Church members for his Philadelphia-based radio program, "Bible Study Hour." Mr. Haden had grown physically weary of flying to Philadelphia twice a month for the "Bible Study Hour" programs and felt his radio ministry could best be served in Chattanooga.

The ministry -- which Mr. Haden has operated independently of the church -- eventually, grew to include a television ministry as well.

Today, Ben is now using the INTERNET for his messages after having named Dr. Michael Youssef his permanent successor for Changed Lives' TV and radio contracts.


Program accomplishments

2003 is Ben Haden's 35th year as a national broadcaster.


Needs