Family Radio / Family Stations, Inc.

Summary

Family Stations, Inc. (dba Family Radio) is a teachng organization primarily via radio, shortwave, satellite and Internet.

As part of its teaching by Harold Camping, it has had numerous false predictions. Two prominent rapture dates that have come and gone were May 21, 2011 and October 21, 2011.

The plain meaning of Scripture is that no one knows specific rapture or judgment dates, but the Father God (Acts 1:7; Mark 13:32-37; Matt. 24:36-44). In all cases, prophecy must meet the standard of Scripture (1 Samuel 3:19-21). It must be accurate, and it must accord with other Scripture. If prophetic claims are not accurate, it is, by Biblical definition, a false prophet. Harold Camping would do well to heed the warning in Deuteronomy 13:1-5 and humbly submit to the profitable reproof of Scripture.


Contact information

Mailing address:
290 Hegenberger Rd.
Oakland, CA 94621-4621

Website: www.familyradio.com

Phone: (925) 866-3020

Email: info@familyradio.org


Organization details

EIN: 941442453

CEO/President: Mr. Harold Camping

Chairman:

Board size:

Founder: Mr. Harold Camping

Year founded: 1958

Tax deductible: No

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Family Stations, Inc. (dba Family Radio) is a teachng organization primarily via radio, shortwave, satellite and Internet.

The desire of Family Radio is to preach and teach from the Bible.

Family Radio is a nonprofit organization and contributions to it are fully tax deductible to the extent allowed by the law.


Mission statement

Family Stations uses the following to express its mission:

Family Radio is thoroughly committed to the Person and salvation work of Jesus Christ as revealed in God's divine, infallible word, the Bible.

Family Radio's board of directors and staff, are thoroughly persuaded, by our obedience to God's word, that He has established this ministry for the sole purpose of using all its energy and resources to: proclaim the true Gospel to all nations around the world and accurately teach the Gospel of our Lord and Savior Jesus Christ.


Statement of faith

Family Stations, Inc. uses the following to express it Statement of Faith:

FAMILY RADIO'S STATEMENT OF FAITH: THE BIBLE ALONE AND IN ITS ENTIRETY. Authorized King James Version

Financial efficiency ratings

Sector: Radio/ TV Stations

CategoryRatingOverall rankSector rank
Overall efficiency rating420 of 42316 of 16
Fund acquisition rating378 of 42315 of 16
Resource allocation rating406 of 42315 of 16
Asset utilization rating381 of 42313 of 16

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%16%29%14%17%19%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%15%19%12%21%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%89%65%83%124%13%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%8%17%10%9%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%11%35%17%-24%87%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%70%55%69%75%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%180%113%121%249%34%
Program output ratio Program output ratio =
Program services /
Total revenue
81%126%62%84%186%26%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-80%-13%-21%-149%66%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-5%-3%-4%-14%53%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%22%28%21%17%14%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.300.120.120.120.140.14
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.543.195.224.852.441.86
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.540.380.640.560.330.25
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.9644.6924.0018.3553.6437.44
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.020.040.050.020.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.0730.6218.0120.1435.4946.31
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%1%48%44%43%49%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%2%16%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%824%428%485%416%375%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$25,147,389$13,268,717$15,819,454$32,692,840$54,868,687
Receivables, inventories, prepaids$271,670$276,170$212,307$182,367$163,350
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$25,419,059$13,544,887$16,031,761$32,875,207$55,032,037
Long-term investments$0$0$0$0$0
Fixed assets$17,086,090$16,484,805$15,320,839$5,764,818$6,060,474
Other long-term assets$38,675,009$40,653,908$46,419,711$41,572,235$41,302,253
Total long-term assets$55,761,099$57,138,713$61,740,550$47,337,053$47,362,727
Total assets$81,180,158$70,683,600$77,772,311$80,212,260$102,394,764
 
Liabilities20172016201520142013
Payables and accrued expenses$568,812$564,487$873,564$612,848$1,327,461
Other current liabilities$0$0$0$0$142,516
Total current liabilities$568,812$564,487$873,564$612,848$1,469,977
Debt$333,862$333,862$367,971$1,455,244$16,167,465
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,001$32,750,032$32,750,032$32,750,032$32,750,032
Total long-term liabilities$334,863$33,083,894$33,118,003$34,205,276$48,917,497
Total liabilities$903,675$33,648,381$33,991,567$34,818,124$50,387,474
 
Net assets20172016201520142013
Unrestricted$80,276,483$37,035,219$43,780,744$45,394,136$52,007,290
Temporarily restricted$0$0$0$0$0
Permanently restricted$0$0$0$0$0
Net assets$80,276,483$37,035,219$43,780,744$45,394,136$52,007,290
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$4,829,289$4,954,986$6,173,304$5,414,605$5,252,378
Program service revenue$200,000$0$0$0$0
Membership dues$0$0$0$0$0
Investment income($134,573)$2,177,734$843,822($1,298,756)$35,850,898
Other revenue$506,866$507,750$449,626$262,384$293,046
Total other revenue$572,293$2,685,484$1,293,448($1,036,372)$36,143,944
Total revenue$5,401,582$7,640,470$7,466,752$4,378,233$41,396,322
 
Expenses20172016201520142013
Program services$6,831,167$4,738,628$6,277,766$8,153,585$10,863,805
Management and general$2,123,253$2,455,725$1,890,530$1,823,891$2,008,273
Fundraising$785,388$1,453,348$865,329$930,191$1,005,762
Total expenses$9,739,808$8,647,701$9,033,625$10,907,667$13,877,840
 
Change in net assets20172016201520142013
Surplus (deficit)($4,338,226)($1,007,231)($1,566,873)($6,529,434)$27,518,482
Other changes in net assets$0$0$0$0$0
Total change in net assets($4,338,226)($1,007,231)($1,566,873)($6,529,434)$27,518,482

Response from ministry

No response has been provided by this ministry.


History

Family Radio was organized in 1958 under its official name, Family Stations Inc., and began to broadcast February 4, 1959, over radio station KEAR FM in San Francisco CA. Since then, God has enabled the ministry to build a number of powerful AM and FM stations around the world and several smaller educational facilities and translators. Family Radio also shares programming with local TV Stations in New Newark, NJ (channel 66) and San Francisco, CA (channel 64). Today, with the use of modern technology, God has opened the door to broadcast the Gospel, via Satellite and Internet , around the clock and around the world.


Program accomplishments

Family Stations accomplishments are as follows:

Founded a Bible School for the purpose of training lay ministers and promote Bible study through free correspondence. courses.

Family Stations hosts mission trips to hand out tracts and share the Gospel of Jesus with the lost.


Needs