LifeWord Broadcast Ministries, Inc.

Summary

Lifeword Broadcast Ministries, Inc. ("LBM") is the radio/television section of the Baptist Missionary Association of America ("BMA"). The BMA was formed in 1950 for the purpose of mobilizing like-minded churches in a cooperative effort to fulfill the great commission. Lifeword Broadcast Ministries' role within BMA's strategy is to sow the seed of the gospel in as much of the world as possible utilizing mass media presented in the native languages of the listeners. LBM seeks out people that have little or no exposure to Christian broadcast programming and delivers the gospel in their languages. LBM presently broadcasts in 40 languages reaching nearly half the world's population. LBM's domestic broadcast is aired on about 400 stations in the United States. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law.


Contact information

Mailing address:
P.O. Box 6
(611 Locust Avenue 72034)
Conway, AR 72033-2033

Website: www.lifeword.org

Phone: (501) 329-6891

Email: info@lifeword.org


Organization details

EIN: 710394665

CEO/President: Mr. Donny Parrish

Chairman: Mr. John Ben Williams

Board size: 16

Founder: Mr. Harold Morris

Year founded: 1965

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: No

Member of ECFA since:


Purpose

Lifeword Broadcast Ministries, Inc. ("LBM") is the radio/television section of the Baptist Missionary Association of America ("BMA"). The BMA was formed in 1950 for the purpose of mobilizing like-minded churches in a cooperative effort to fulfill the great commission. Lifeword Broadcast Ministries' role within the BMA mission strategy is to sow the seed of the gospel in as much of the world as possible utilizing mass media presented in the native language of the listeners.

LBM seeks out people that have little or no exposure to Christian broadcast programming and delivers the gospel in their languages. LBM presently broadcasts in 40 languages reaching nearly half the world's population. In addition, LBM has radio and television production facilities in the Philippines.

LBM's domestic broadcast is aired on about 400 stations in the United States. These spots target the top secular radio stations, and the listener is encouraged to phone Lifeword Broadcast Ministries to receive a LifeCheck booklet to guide them through the plan of salvation. Domestic broadcast time is wholly underwritten by partners who agree to sponsor the programs in their areas. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law.


Mission statement

    Lifeword Broadcast Ministries expresses its mission in the following way:

    Lifeword is dedicated to communicating the gospel of Jesus Christ through mass media to every living soul upon the earth.

  • focusing on the unreached,
  • making the presentations culturally relevant,
  • speaking in the heart-language of the hearer,
  • using creative approaches to capture the listener's attention,
  • responding to felt needs of our neighbors, whether near or far,
  • ministering to local churches through media services,
  • striving always to present ourselves in a professional and Godly manner,
  • working in harmony with our fellow Christians and living exemplary lives which reflect the God-given joy of being ambassadors for Christ.

Statement of faith

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Radio/ TV Stations

CategoryRatingOverall rankSector rank
Overall efficiency rating486 of 58617 of 23
Fund acquisition rating346 of 58614 of 23
Resource allocation rating374 of 58614 of 23
Asset utilization rating531 of 58619 of 23

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20192017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%8%10%3%3%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%8%9%3%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
94%103%91%97%99%113%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%10%11%3%3%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
6%-3%9%3%1%-13%
 
Operating ratiosMedian % for
all ministries in
MW database
20192017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%78%77%94%93%94%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%84%88%97%93%114%
Program output ratio Program output ratio =
Program services /
Total revenue
80%66%68%92%87%107%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%16%12%3%7%-14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%7%5%3%8%-14%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%12%12%3%4%4%
 
Investing ratiosMedian measure
for all ministries
in MW database
20192017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.070.380.341.170.990.96
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.694.134.291.271.301.29
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.181.551.481.491.281.24
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20192017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.7910.3612.4459.41146.7430.03
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.100.080.020.010.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.716.997.477.949.289.36
 
Solvency ratiosMedian % for
all ministries in
MW database
20192017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%2%2%1%1%15%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%12%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
75%260%285%84%101%88%

Financials

Balance sheet
 
Assets20192017201620152014
Cash$512,944$462,484$765,061$298,524$115,022
Receivables, inventories, prepaids$27,852$29,563$7,481$11,369$76,111
Short-term investments$404,404$399,828$2,089,547$2,374,444$2,734,371
Other current assets$0$0$0$0$0
Total current assets$945,200$891,875$2,862,089$2,684,337$2,925,504
Long-term investments$2,149,377$2,199,533$0$0$0
Fixed assets$686,523$734,667$763,971$800,208$849,952
Other long-term assets$126,032$0$0$0$0
Total long-term assets$2,961,932$2,934,200$763,971$800,208$849,952
Total assets$3,907,132$3,826,075$3,626,060$3,484,545$3,775,456
 
Liabilities20192017201620152014
Payables and accrued expenses$91,209$71,716$48,177$18,293$62,469
Other current liabilities$0$0$0$0$34,959
Total current liabilities$91,209$71,716$48,177$18,293$97,428
Debt$0$0$0$0$469,692
Due to (from) affiliates$0$0$0$0$3,827
Other long-term liabilities$0$1,000$2,000$2,000$2,000
Total long-term liabilities$0$1,000$2,000$2,000$475,519
Total liabilities$91,209$72,716$50,177$20,293$572,947
 
Net assets20192017201620152014
Unrestricted$3,076,274$3,027,926$2,859,117$2,838,619$2,570,079
Temporarily restricted$739,649$0$9,118$37,538$37,138
Permanently restricted$0$725,433$707,648$588,095$595,292
Net assets$3,815,923$3,753,359$3,575,883$3,464,252$3,202,509
 
Revenues and expenses
 
Revenue20192017201620152014
Total contributions$1,793,102$1,363,831$4,249,118$3,662,271$3,576,112
Program service revenue$20,547$4,066$53,069$49,528$27,698
Membership dues$0$0$0$0$0
Investment income($79,050)$82,927($13,687)($63,365)$40,524
Other revenue$5,520$43,700$75,055$59,067($466,042)
Total other revenue($52,983)$130,693$114,437$45,230($397,820)
Total revenue$1,740,119$1,494,524$4,363,555$3,707,501$3,178,292
 
Expenses20192017201620152014
Program services$1,148,922$1,011,943$3,999,811$3,213,656$3,396,377
Management and general$172,098$164,130$137,298$128,049$135,274
Fundraising$144,363$140,975$114,815$104,053$92,175
Total expenses$1,465,383$1,317,048$4,251,924$3,445,758$3,623,826
 
Change in net assets20192017201620152014
Surplus (deficit)$274,736$177,476$111,631$261,743($445,534)
Other changes in net assets$0$0$0$0$0
Total change in net assets$274,736$177,476$111,631$261,743($445,534)

Response from ministry

No response has been provided by this ministry.


History

Founded by Harold Morris in 1965, Lifeword Broadcast Ministries was known as the Harvest Gleaner Hour until 1988. The first broadcast of the Harvest Gleaner Hour was carried on KSTL radio in St. Louis on September 4, 1965. Today, LBM beams the gospel to North America, Central America, South America, the Middle East, the Ukraine, the Peoples Republic of China, the Philippines, India, and western Africa.

LBM has 13 full-time employees at its international headquarters in Conway, Arkansas, a full-time radio and TV production staff in the Philippines, and more than 100 part-time and volunteer radio speakers, musicians, office assistants, and project coordinators.


Program accomplishments

  • LBM's radio department produced 1,936 programs, of which 830 programs were short format and 1,106 long format, and launched a new Portuguese language broadcast in Brazil and a "Spirit Word" broadcast in English for Native Americans.
  • The Lifeword television program and spots, including five new half-hour programs and one new 30-second spot produced in 2004 and added to the rotation, were on the air a total of 6,098,160 minutes or an average of 1,954.5 hours per week.
  • The television department produced five contract video projects.
  • The technical services department completed ten outside contract projects.
  • The Women's Outreach Ministry Team ministered to more than 1,400 people, raised almost $13,000 for Lifeword and signed up Faith Inner Circle commitments totaling $3,360 per year.

Needs