Trinity Broadcasting Network / TBN/ Paul & Jan Crouch

Summary

Trinity Broadcasting Network ("TBN") is a religious television network created by Paul and Jan Crouch. TBN is the world's largest Christian television network and is seen on more than 3,200 television stations, 21 satellites, the Internet and thousands of cable systems around the world. In addition, TBN is involved in the production of Christian movies. In addition, it has acquired a number of theme parks.


Contact information

Mailing address:
2442 Michelle Drive
Tustin, CA 92780-2780

Website: www.tbn.org

Phone: (714) 832-2950

Email: comments@tbn.org


Organization details

EIN: 952844062

CEO/President: Mr. Paul Crouch

Chairman: Mr. Paul Crouch

Board size:

Founder: Paul and Jan Crouch

Year founded: 1973

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Trinity Broadcasting Network ("TBN") is a religious television network created by Paul and Jan Crouch. TBN is the world's largest Christian television network. Across America and around the world TBN is carried by TV stations and cable systems to millions of homes. TBN is seen on more than 3,200 television stations, 21 satellites, the Internet and thousands of cable systems around the world. In addition, TBN translates programs into numerous foreign languages at its facilities, the International Production Center in Irving, Texas.

TBN also is involved in movie production of Christian movies. TBN's cinematic achievements include "China Cry," "The Revolutionary (The Life of Jesus)," "The Revolutionary II", "The Emissary (The Life of Paul)", "The Omega Code" and "The Heart Of a Champion" starring Carman.

Trinity Music City, USA is Nashville's newest tourist attraction. The former estate of country music legend Conway Twitty, the complex includes the 2000-seat Trinity Music City Church Auditorium. Crowds are "packing out the house" to attend TBN-produced concerts, dramas, seminars and special events.

TBN will soon be expanding satellite coverage to include Russian-language satellite broadcasts to Russia. This will complement the existing network of "Enlace", Spanish language coverage of Central and South America; "Rede Boas Novas", Portuguese language coverage of Brazil, "Eutelsat Hotbird 3", Italian language coverage of Europe and the Middle East; "Hotbird 5", English language coverage of Europe and the Middle East; "Intelsat 804", English language coverage of Africa; "Intelsat 701", English language coverage of Australia, New Zealand and Southeast Asia; and "The Miracle Network", English and Hindi language coverage of China, Southeast Asia, and India.


Mission statement

This organization has not provided a mission statement. At such time that MinistryWatch receives this information it will be posted.


Statement of faith

Trinity Broadcasting Network uses the following to express its Statement of Faith:

1. We believe that the Holy Bible is the inspired, infallible, and authoritative source of Christian doctrine and precept.

2. We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.

3. We believe that man was created in the image of God, but as a result of sin is lost and powerless to save himself.

4. We believe that the only hope for man is to believe on Jesus Christ, the virgin-born Son of God, Who died to take upon Himself the punishment for the sin of mankind, and Who rose from the dead, so that by receiving Him as Savior and Lord, man is redeemed by His Blood.

5. We believe that Jesus Christ in person will return to earth in power and glory.

6. We believe that the Holy Spirit indwells those who have received Christ for the purpose of enabling them to live righteous and godly lives.

7. We believe that the Church is the Body of Christ and is composed of all those who, through belief in Christ, have been spiritually regenerated by the indwelling Holy Spirit. The mission of the Church is worldwide evangelization on the one hand, and the nurture and discipline of Christians on the other.

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Radio/ TV Stations

CategoryRatingOverall rankSector rank
Overall efficiency rating653 of 66022 of 22
Fund acquisition rating628 of 66222 of 23
Resource allocation rating653 of 66223 of 23
Asset utilization rating503 of 66017 of 22

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%35%8%21%13%19%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%14%2%9%6%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
88%41%30%44%45%44%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%9%8%7%6%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
12%59%70%56%55%56%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%65%57%68%66%69%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%166%30%125%106%134%
Program output ratio Program output ratio =
Program services /
Total revenue
79%108%17%85%70%92%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%-66%70%-25%-6%-34%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%-9%38%-5%-1%-5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
16%26%35%24%28%25%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.470.210.160.250.200.20
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.152.071.842.592.432.41
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.150.440.300.630.500.49
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
21.6934.3430.0113.1381.4151.06
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.030.030.080.010.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
9.3526.6038.5917.4823.9423.95
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
3%4%2%4%4%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
209%453%596%391%473%465%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$15,018,331$44,429,844$26,033,511$17,642,464$30,286,004
Receivables, inventories, prepaids$16,897,997$15,730,193$19,477,876$28,140,779$34,425,755
Short-term investments$488,148,108$585,778,960$236,922,791$270,206,239$266,364,281
Other current assets$0$0$0$0$0
Total current assets$520,064,436$645,938,997$282,434,178$315,989,482$331,076,040
Long-term investments$36,425,708$21,715,000$16,480,286$6,642,264$6,532,986
Fixed assets$233,353,493$223,830,271$251,033,906$257,100,936$265,140,346
Other long-term assets$284,736,358$294,152,604$180,305,674$188,634,575$196,495,184
Total long-term assets$554,515,559$539,697,875$447,819,866$452,377,775$468,168,516
Total assets$1,074,579,995$1,185,636,872$730,254,044$768,367,257$799,244,556
 
Liabilities20182017201620152014
Payables and accrued expenses$8,996,307$7,037,919$6,424,619$3,881,343$6,483,720
Other current liabilities$6,149,930$14,487,994$15,079,963$0$0
Total current liabilities$15,146,237$21,525,913$21,504,582$3,881,343$6,483,720
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$26,974,026$6,751,381$8,918,162$23,916,753$36,913,552
Total long-term liabilities$26,974,026$6,751,381$8,918,162$23,916,753$36,913,552
Total liabilities$42,120,263$28,277,294$30,422,744$27,798,096$43,397,272
 
Net assets20182017201620152014
Unrestricted$1,032,285,902$1,157,137,028$699,663,129$740,400,440$755,678,577
Temporarily restricted$173,830$222,550$168,171$168,721$168,707
Permanently restricted$0$0$0$0$0
Net assets$1,032,459,732$1,157,359,578$699,831,300$740,569,161$755,847,284
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$55,789,749$192,847,585$63,814,525$66,802,314$52,905,172
Program service revenue$54,099,416$58,064,123$53,581,152$61,544,893$55,130,252
Membership dues$0$0$0$0$0
Investment income$18,301,537$384,142,888$14,492,684$12,174,249$11,416,676
Other revenue$9,198,584$2,977,024$11,576,916$6,496,075$2,058,785
Total other revenue$81,599,537$445,184,035$79,650,752$80,215,217$68,605,713
Total revenue$137,389,286$638,031,620$143,465,277$147,017,531$121,510,885
 
Expenses20182017201620152014
Program services$148,353,590$111,397,989$122,360,247$103,157,958$112,101,169
Management and general$59,720,267$67,252,857$43,563,432$44,395,786$40,696,947
Fundraising$19,677,475$15,526,517$13,162,151$8,882,729$9,835,928
Total expenses$227,751,332$194,177,363$179,085,830$156,436,473$162,634,044
 
Change in net assets20182017201620152014
Surplus (deficit)($90,362,046)$443,854,257($35,620,553)($9,418,942)($41,123,159)
Other changes in net assets$0$0$0$0$0
Total change in net assets($90,362,046)$443,854,257($35,620,553)($9,418,942)($41,123,159)

Response from ministry

No response has been provided by this ministry.


History


Program accomplishments


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