Hope Media Group / KSBJ

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/16/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

KSBJ Educational Foundation is a non-profit, listener-supported organization operating two radio stations in Houston, Texas, KSBJ 89.3FM and KXNG 91.7FM, known on air as NGEN Radio. In a world that needs hope, joy and meaningful relationships, we are here to be the Voice of Hope connecting people more deeply to God. KSBJ is a non-commercial Contemporary Christian music radio station based in Humble, Texas, broadcasting on 89.3 MHz FM in the Greater Houston area. KSBJ is owned and operated by the KSBJ Educational Foundation. The KSBJ Educational Foundation owns and operates a youth-oriented Christian Contemporary/Hip-Hop music format, NGEN Radio, which, until the purchase of KXNG, was primarily broadcast on KSBJ-HD2. NGEN also covers a large portion of Southeast Texas. In 2016, KSBJ acquired radio station KXNG, becoming NGEN's first full-powered analog FM signal.


Contact information

Mailing address:
KSBJ Educational Foundation
1722 Treble Dr.
Humble, TX 77338

Website: www.ksbj.org

Phone: (281) 446-5725

Email: djonair@ksbj.org


Organization details

EIN: 742162248

CEO/President: Joe Paulo

Chairman: Glenn Gilchrist

Board size: 10

Founder: Buddy Holliday

Year founded: 1981

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1993


Purpose

KSBJ is a Christ-centered, non-profit, listener-supported radio ministry.


Mission statement

Our mission is "to be the Voice of Hope, Connecting People to God."


Statement of faith

The following KSBJ Educational Foundation Statement of Faith does not exhaust the extent of our beliefs. The Bible itself, as the inerrant Word of God that speaks with final authority concerning love, truth, morality, and proper conduct, is the final source of all that we believe.

All board members, employees and volunteers collectively and individually agree they believe in each of the following statements:

God, who is Himself Truth and speaks truth only, has inspired His Holy Scripture. Holy Scripture, being God's own word, is the infallible, divine authority in all matters upon which it touches; it is to be believed, as God's' instruction, in all that it affirms; obeyed, as God's command, in all that it requires; and embraced, as God's pledge, in all that it promises. We are persuaded that to deny the authority, trustworthiness, and inerrancy of Scripture is to set aside the witness of Jesus Christ and of the Holy Spirit.

There is one God, eternally existent in three persons: Father, Son, and the Holy Spirit. People are created in the image and after the likeness of God, but, as a consequence of sin, are separated from God. Because we have all sinned, we are all in need of salvation.

The good news of the Gospel is that God sent His Son to become man and to die for our sins and to be raised again that we might be redeemed. We believe in the deity and humanity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His substitutionary and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, in His present rule as Head of the Church, and in His personal return in power and glory.

We are saved by grace through faith in Jesus Christ as Savior. Such faith is essential for salvation. As a result of our redemption, we are called to pursue holiness, to live following the Holy Spirit's guidance, and to grow in the grace of our Lord and Savior Jesus Christ. In doing so, we are called to follow what Jesus identified as the two greatest commandments: to love the Lord our God with all of our heart, soul, and mind and love our neighbor as ourselves. Through the indwelling of the Holy Spirit, we, as Christians, are empowered to live a godly life which includes repentance of sin, as defined in the Bible and as historically interpreted, and not as interpreted by contemporary culture. We recognize that we will nevertheless sin and that we all need to continue to grow and develop our relationship with Christ. But because God loves us, has adopted us as His children, and Jesus acts as our intercessor and advocate, God offers us forgiveness and continuing grace and mercy.

Christians are called to love everyone. As a result, Christians should examine themselves first in order to avoid hypercritically judging others by a standard to which they do not hold themselves.

Additionally, the Bible commands Christians to hold individuals who claim to be Christians to a higher standard of obedience to God's Word than those who do not claim to be Christians.

We believe that God has blessed people with the institution of marriage for His glory and to reflect the union of Jesus and the church. God established marriage as a lifelong, exclusive covenant relationship between a man and a woman as God biologically created them male and female at birth. Therefore, all intimate sexual activity outside this biblically defined marriage relationship is not in accordance with God's plan and therefore sin. We believe that God created the human race male and female and that all conduct with the intent to adopt a gender other than one's biological gender is not in accordance with God's plan and therefore sin.

God created us to live forever. Those who place their trust in Jesus Christ as Savior will be raised to go to heaven. Those who do not will be eternally separated from Him. Believers in our Lord Jesus Christ are united in the Holy Spirit.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Radio/ TV Stations

CategoryRatingOverall rankSector rank
Overall efficiency rating715 of 94024 of 30
Fund acquisition rating435 of 94215 of 30
Resource allocation rating687 of 94222 of 30
Asset utilization rating687 of 94023 of 30

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%6%5%6%5%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%6%5%5%5%6%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%98%96%95%98%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%6%6%6%6%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%2%4%5%2%2%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%75%76%78%77%74%
Spending ratio Spending ratio =
Total expenses /
Total revenue
92%102%85%86%87%83%
Program output ratio Program output ratio =
Program services /
Total revenue
73%77%65%67%68%61%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
8%-2%15%14%13%17%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
9%-1%6%6%5%7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%19%18%16%16%18%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.500.360.350.340.320.34
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.952.272.232.202.211.45
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.280.830.790.740.710.49
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.7320.9528.9518.7631.1354.21
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.050.030.050.030.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
8.7513.8414.6815.3816.3524.18
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
4%6%2%9%13%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%4%0%7%11%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
163%257%278%270%272%294%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$6,427,261$1,517,597$1,930,339$975,453$3,600,590
Receivables, inventories, prepaids$8,112,997$8,362,369$8,708,530$7,209,674$7,119,363
Short-term investments$2,119,888$6,329,468$5,974,205$8,012,632$10,009,030
Other current assets$0$0$0$0$0
Total current assets$16,660,146$16,209,434$16,613,074$16,197,759$20,728,983
Long-term investments$0$0$0$0$0
Fixed assets$5,529,373$6,091,079$5,273,858$5,544,205$5,010,912
Other long-term assets$15,636,704$13,858,470$14,608,375$14,083,884$4,342,469
Total long-term assets$21,166,077$19,949,549$19,882,233$19,628,089$9,353,381
Total assets$37,826,223$36,158,983$36,495,307$35,825,848$30,082,364
 
Liabilities20202019201820172016
Payables and accrued expenses$787,197$558,384$532,634$517,019$382,411
Other current liabilities$8,200$1,500$353,000$3,250$0
Total current liabilities$795,397$559,884$885,634$520,269$382,411
Debt$1,620,500$0$2,423,796$3,971,679$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$1,620,500$0$2,423,796$3,971,679$0
Total liabilities$2,415,897$559,884$3,309,430$4,491,948$382,411
 
Net assets20202019201820172016
Without donor restrictions$25,245,172$23,117,975$23,258,975$23,122,263$21,497,618
With donor restrictions$10,165,154$12,481,124$9,926,902$8,211,637$8,202,335
Net assets$35,410,326$35,599,099$33,185,877$31,333,900$29,699,953
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$13,270,237$14,538,247$13,460,223$12,924,311$11,986,285
Program service revenue$0$79,176$107,376$95,837$53,714
Membership dues$0$0$0$0$0
Investment income$111,826$371,782$441,040$96,012$68,940
Other revenue$90,705$86,651$181,019$57,241$98,090
Total other revenue$202,531$537,609$729,435$249,090$220,744
Total revenue$13,472,768$15,075,856$14,189,658$13,173,401$12,207,029
 
Expenses20202019201820172016
Program services$10,345,877$9,758,370$9,519,028$8,910,571$7,501,608
Management and general$2,617,904$2,260,997$2,006,698$1,894,457$1,840,215
Fundraising$790,757$771,202$744,780$703,543$757,420
Total expenses$13,754,538$12,790,569$12,270,506$11,508,571$10,099,243
 
Change in net assets20202019201820172016
Surplus (deficit)($281,770)$2,285,287$1,919,152$1,664,830$2,107,786
Other changes in net assets$0$0$0$0$0
Total change in net assets($281,770)$2,285,287$1,919,152$1,664,830$2,107,786

Compensation

NameTitleCompensation
Joe PauloPresident/Ce$204,604
Elaine WelcomeCOO$186,281
Steven ThompsonVP Technolog$149,282
Rachelle CarrilloRadio Host$146,956
John HullSr Dir Donor$143,688
Shawn FarringtonSr Dir Conte$141,213
Troy WestKsbj Program$138,500
Laranda BurkeCFO$127,442
Desiree GonzalezVP Fin/Sec/T$105,820

Compensation data as of: 6/30/2020


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 12/16/2020. To update the information below, please email: info@ministrywatch.com


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