Thru the Bible Radio Network 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 1/16/2022. To update the information in this column, please email: info@ministrywatch.com
Summary
Thru the Bible is the worldwide Bible-teaching ministry of the late Dr. J. Vernon McGee.
Contact information
Mailing address:
Thru the Bible
P.O. Box 7100
Pasadena, CA 91109
Website: ttb.org
Phone: 1-800-652-4253
Email: BibleBus@ttb.org
Organization details
EIN: 956145276
CEO/President: Gregg Harris
Chairman: Leo Karlyn
Board size: 6
Founder: Dr. J Vernon McGee
Ruling year: 1967
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
At the core of what Thru the Bible is and what we do, is the conviction that the Bible is true and trustworthy. We believe God uses His Word uniquely in each of our lives to transform the way we think, believe, and live.
How does He do this? We believe that, in part, He does this by telling us His own story: The story of His love, His redemption-a story that He planned and put into place before our time began. At its heart, it's the story of how He has opened the way for us to know Him, to love and obey Him, to grow deeper day by day in the ways we trust Him. It's a beautiful story that gets better every time we hear it.
It's the story Thru the Bible tells every day on the air and invites people to listen.
Mission statement
The whole Word for the whole world.
Statement of faith
Thru the Bible is not affiliated with any church or denomination. We are a fundamental, evangelical, Bible-teaching (the entire Word of God) ministry. Although we are not officially affiliated with this institution, our doctrinal position is the same as that of the Dallas Theological Seminary, 3909 Swiss Avenue, Dallas, TX 75204.
The Scriptures
We believe that "all scripture is given by inspiration of God," by which we understand the whole Bible is inspired in the sense that holy men of God "were moved by the Holy Spirit" to write the very words of Scripture. We believe that this divine inspiration extends equally and fully to all parts of the writings-historical, poetical, doctrinal, and prophetical-as appeared in the original manuscripts. We believe that the whole Bible in the originals is therefore without error. We believe that all the Scriptures center about the Lord Jesus Christ in His person and work in His first and second coming, and hence that no portion, even of the Old Testament, is properly read or understood until it leads to Him. We also believe that all the Scriptures were designed for our practical instruction. (Mark 12:26, 36; 13:11; Luke 24:27, 44; John 5:39; Acts 1:16; 17:2-3; 18:28; 26:22-23; 28:23; Romans 15:4; 1 Corinthians 2:13; 10:11; 2 Timothy 3:11; 2 Peter 1:21.)
Godhead
We believe that the Godhead eternally exists in three persons-the Father, the Son, and the Holy Spirit-and that these three are one God, having precisely the same nature, attributes, and perfections, and worthy of precisely the same homage, confidence, and obedience. (Matthew 28:18-19; Mark 12:29; John 1:14; Acts 3-4; 2 Corinthians 13:14; Hebrews 1:1-3; Revelation 1:4-6.)
Angels, Fallen and Unfallen
We believe that God created an innumerable company of sinless, spiritual beings known as angels; that one, "Lucifer, son of the morning"-the highest in rank-sinned through pride, thereby becoming Satan; that a great company of the angels followed him in his moral fall, some of whom became demons and are active as his agents and associates in the prosecution of his unholy purposes, while others who fell are "reserved in everlasting chains under darkness unto the judgment of the great day." (Isaiah 14:12-17; Ezekiel 28:11-19; 1 Timothy 3:6; 2 Peter 2:4; Jude 6.)
We believe that Satan is the originator of sin, and that under the permission of God he through subtlety led our first parents into transgression, thereby accomplishing their moral fall and subjecting them and their posterity to his own power; that he is the enemy of God and the people of God, opposing and exalting himself above all that is called God or that is worshiped and that he who in the beginning said, "I will be like the most High," in his warfare appears as an angel of light, even counterfeiting the works of God by fostering religious movements and systems of doctrine, which systems in every case are characterized by a denial of the efficacy of the blood of Christ and of salvation by grace alone. (Genesis 3:1-19; Romans 5:12-14; 2 Corinthians 4:3-4; 11:13-15; Ephesians 6:10-12; 2 Thessalonians 2:4; 1 Timothy 4:1-3.)
We believe that Satan was judged at the cross, though not then executed, and that he, a usurper, now rules as the "god of this world"; that at the second coming of Christ, Satan will be bound and cast into the abyss for a thousand years, and after the thousand years he will be loosed for a little season and then "cast into the lake of fire and brimstone," where he "shall be tormented day and night for ever and ever." (Colossians 2:15; Revelation. 20:1-3, 10.)
We believe that a great company of angels kept their holy estate and are before the throne of God, from whence they are sent forth as ministering spirits to minister for them who shall be heirs of salvation. (Luke 15:10; Ephesians 1:21; Hebrews 1:14; Revelation 7:12.)
We believe that man was made lower than angels; and that in His incarnation Christ took for a little time this lower place that He might lift the believer to His own sphere above the angels. (Hebrews 2:6-10.)
Man-Created and Fallen
We believe that man was originally created in the image and after the likeness of God, and that he fell through sin, and as a consequence of his sin lost his spiritual life, becoming dead in trespasses and sins, and that he became subject to the power of the devil. We also believe that this spiritual death, or total depravity of human nature, has been transmitted to the entire human race of man, the Man Christ Jesus alone being excepted; and hence that every child of Adam is born into the world with a nature which not only possesses no spark of divine life, but is essentially and unchangeably bad apart from divine grace. (Genesis 1:26; 2:17; 6:5; Psalm 14:1-3; 51:5; Jeremiah 17:9; John 3:6; 5:40; 66:53; Romans 3:10-19; 8:6-7; Ephesians 2:1-3; 1 Timothy 5:6; 1 John 3:8.)
The Dispensations
We believe that the dispensations are stewardships by which God administers His purpose on the earth through man under varying responsibilities. We believe that the changes in the dispensational dealings of God with man depend upon changed conditions or situations in which man is successively found with relation to God, and that these changes are the results of the failures of man and the judgments of God. We believe that different administrative responsibilities of this character are manifest in the biblical record, that they span the entire history of mankind, and that each ends in the failure of man under the respective test and in an ensuing judgment from God.
We believe that three of these dispensations or rules of life are the subject of extended revelation in the Scriptures, that is to say, the dispensation of the Mosaic Law, the present dispensation of grace, and the future dispensation of the millennial kingdom. We believe that these are distinct and are not to be intermingled or confused, as they are chronologically successive.
We believe that the dispensations are neither ways of salvation nor different methods of administering the so-called Covenant of Grace. They are not in themselves dependent on covenant relationships but are ways of life and responsibility to God which test the submission of man to His revealed will during a particular time. We believe that if man does trust in his own efforts to gain the favor of God or salvation under any dispensational test, because of inherent sin his failure to satisfy fully the just requirements of God is inevitable and his condemnation sure.
We believe that according to the "eternal purpose" of God (Ephesians 3:11) salvation in the divine reckoning is always "by grace through faith," and rests upon the basis of the shed blood of Christ. We believe that God has always been gracious, regardless of the ruling dispensation, but that man has not at all times been under an administration or stewardship of grace as is true in the present dispensation. (1 Corinthians 9:17; Ephesians 3:2, 9, ASV; Colossians 1:25; 1 Timothy 1:4, ASV.)
We believe that it has always been true that "without faith it is impossible to please" God (Hebrews 11:6), and that the principle of faith was prevalent in the lives of all the Old Testament saints. However, we believe that it was historically impossible that they should have had as the conscious object of their faith the incarnate, crucified Son, the Lamb of God (John 1:29), and that it is evident that they did not comprehend as we do that the sacrifices depicted the person and work of Christ. We believe also that they did not understand the redemptive significance of the prophecies or types concerning the sufferings of Christ (1 Peter 1:10-12); therefore, we believe that their faith toward God was manifested in other ways as is shown by the long record in Hebrews 11:1-40. We believe further that their faith thus manifested was counted unto them for righteousness (compare Romans 4:3 with Genesis 15:1; Romans 4:5-8; Hebrews 11:7).
The First Advent
We believe that, as provided and purposed by God and as preannounced in the prophecies of the Scriptures, the eternal Son of God came into this world that He might manifest God to men, fulfill prophecy, and become the Redeemer of a lost world. To this end He was born of the virgin and received a human body and a sinless human nature. (Luke 1:30-35; John 1:18; 3:16; Hebrews 4:15.)
We believe that on the human side He became and remained a perfect man, but sinless throughout His life; yet He retained His absolute deity, being at the same time very God and very man, and that His earth-life sometimes functioned within the sphere of that which was human and sometimes within the sphere of that which was divine. (Luke 2:40; John 1:1-2; Philippians 2:5-8.)
We believe that in fulfillment of prophecy He came first to Israel as her Messiah-King, and that being rejected of that nation; He according to the eternal counsels of God gave His life as a ransom for all. (John 1:11; Acts 2:22-24; 1 Timothy 2:6.)
We believe that in infinite love for the lost He voluntarily accepted His Father's will and became the divinely provided sacrificial Lamb and took away the sin of the world, bearing the holy judgments against sin which the righteousness of God must impose. His death was therefore substitutionary in the most absolute sense-the just for the unjust-and by His death He became the Savior of the lost. (John 1:29; Romans 3:25-26; 2 Corinthians 5:14; Hebrews 10:5-14; 1 Peter 3:18.)
We believe that according to the Scriptures He arose from the dead in the same body, though glorified, in which He had lived and died, and that His resurrection body is the pattern of that body which ultimately will be given to all believers. (John 20:20; Philippians 3:20-21.)
We believe that on departing from the earth He was accepted of His Father and that His acceptance is a final assurance to us that His redeeming work was perfectly accomplished. (Hebrews 1:3.)
He ceases not to intercede and advocate for the saved. (Ephesians 1:22-23; Hebrews 7:25; 1 John 2:1.)
Salvation only through Jesus Christ
We believe that, owing to universal death through sin, no one can enter the kingdom of God unless born again; and that no degree of reformation however great, no attainments in morality, however high, no culture however attractive, no baptism or other ordinance however administered, can help the sinner to take even one step toward heaven; but a new nature imparted from above, a new life implanted by the Holy Spirit through the Word, is absolutely essential to salvation, and only those thus saved are sons of God. We believe also that our redemption has been accomplished solely by the blood of our Lord Jesus Christ, who was made to be sin and was made a curse for us, dying in our room and stead; and that no repentance, no feeling, no faith, no good resolutions, no sincere efforts, no submission to the rules and regulations of any church, nor all the churches that have existed since the days of the Apostles, can add in the very least degree to the value of the blood or to the merit of the finished work wrought for us by Him who united in His person true and proper deity with perfect and sinless humanity. (Leviticus 17:11; Isaiah 64:6; Matthew 26:28; John 3:7-18; Romans 5:6-9; 2 Corinthians 5:21; Galatians 3:13; 6:15; Ephesians 1:7; Philippians 3:4-9; Titus 3:5; James 1:18; 1 Peter 1:18-19, 23.)
We believe that the new birth of the believer comes only through faith in Christ and that repentance is a vital part of believing, and is no way in itself a separate and independent condition of salvation; nor are any other acts, such as confession, baptism, prayer, or faithful service, to be added to believing as a condition of salvation. (John 1:12; 3:16, 18, 36; 5:24; 6:29; Acts 13:39; 16:31; Romans 1:16-17; 3:22, 26; 4:5; 10:4; Galatians 3:22.)
The Extent of Salvation
We believe that when an unregenerate person exercises that faith in Christ which is illustrated and described as such in the New Testament, he passes immediately out of spiritual death into spiritual life and from the old creation into the new; being justified from all things, accepted before the Father according as Christ His Son is accepted, loved as Christ is loved, having his place and portion as linked to Him and one with Him forever. Though the saved one may have occasion to grow in the realization of his blessings and to know a fuller measure of divine power through the yielding of his life more fully to God, he is, as soon as he is saved, in possession of every spiritual blessing and absolutely complete in Christ, and is therefore in no way required by God to seek a so-called "second blessing" or a "second work of grace." (John 5:24; 17:23; Acts 13:39; Romans 5:1; 1 Corinthians 3:21-23; Ephesians 1:3; Colossians 2:10; 1 John 4:17; 5:11-12.)
Sanctification
We believe that sanctification, which is a setting apart unto God, is threefold: It is already complete for every saved person because his position toward God is the same as Christ's position. Since the believer is in Christ, he is set apart unto God in the measure in which Christ is set apart unto God. We believe, however, that he retains his sin nature, which cannot be eradicated in this life. Therefore, while the standing of the Christian in Christ is perfect his present state is no more perfect than his experience in daily life. There is therefore a progressive sanctification wherein the Christian is to "grow in grace" and to "be changed" by the unhindered power of the Spirit. We believe also that the child of God will yet be fully sanctified in his state as he is now sanctified in his standing in Christ when he shall see his Lord and shall be "like Him." (John 17:17; 2 Corinthians 3:18; 7:1; Ephesians 4:24; 5:25-27; 1 Thessalonians 5:23; Hebrews 10:10, 14; 12:10.)
Eternal Security
We believe that, because of the eternal purpose of God toward the objects of His love, because of His freedom to exercise grace toward the meritless on the ground of the propitiatory blood of Christ, because of the very nature of the divine gift of eternal life, because of the present and unending intercession and advocacy of Christ in heaven, because of the immutability of the unchangeable covenants of God, because of the regenerating, abiding presence of the Holy Spirit in the hearts of all who are saved, we and all true believers everywhere, once saved, shall be kept saved forever. We believe, however, that God is a holy and righteous Father and that since He cannot overlook the sin of His children, He will when they persistently sin chasten them and correct them in infinite love; but having undertaken to save them and keep them forever, apart from all human merit, He who cannot fail will in the end present every one of them faultless before the presence of His glory and conformed to the image of His Son. (John 5:24; 10:28; 13:1; 14:16-17; 17:11; Romans 8:29; 1 Corinthians 6:19; Hebrews 7:25; 1 John 2:1-2; 5:13; Jude 24.)
Assurance
We believe it is the privilege, not only of some, but of all who are born again by the Spirit through faith in Christ as revealed in the Scriptures, to be assured of their salvation from the very day they take Him to be their Savior; and that this assurance is not founded upon any fancied discovery of their own worthiness or fitness, but wholly upon the testimony of God in His written Word, exciting within His children filial love, gratitude, and obedience. (Luke 10:20; 22:32; 2 Corinthians 5:1, 6-8; 2 Timothy 1:12; Hebrews 10:22; 1 John 5:13.)
The Holy Spirit
We believe that the Holy Spirit, the Third Person of the blessed Trinity, though omnipresent from all eternity, took up His abode in the world in a special sense on the day of Pentecost according to the divine promise, dwells in every believer, and by His baptism unites all to Christ in one body, and that He, as the Indwelling One, is the source of all power and all acceptable worship and service. We believe that He never takes His departure from the church, nor from the feeblest of the saints, but is ever present to testify of Christ; seeking to occupy believers with Him and not with themselves nor with their experiences. We believe that His abode in the world in this special sense will cease when Christ comes to receive His own at the completion of the church. (John 14:16-17; 16:7-15; 1 Corinthians 6:19; Ephesians 2:22; 2 Thessalonians 2:7.)
We believe that in this age certain well-defined ministries are committed to the Holy Spirit, and that it is the duty of every Christian to understand them and to be adjusted to them in his own life and experience. These ministries are the restraining of evil in the world to the measure of the divine will; the convicting of the world respecting sin, righteousness, and judgment; the regenerating of all believers; the indwelling and anointing of all who are saved, thereby sealing them unto the day of redemption; the baptizing into the one body of Christ of all who are saved; and the continued filling for power, teaching, and service of those among the saved who are yielded to Him and who are subject to His will. (John 3:6; 16:7-11; Romans 8:9; 1 Corinthians 12:13; Ephesians 4:30; 5:18; 2 Thessalonians 2:7; 1 John 2:20-27.)
We believe that some gifts of the Holy Spirit such as speaking in tongues and miraculous healings were temporary. We believe that speaking in tongues was never the common or necessary sign of the baptism nor of the filling of the Spirit, and that the deliverance of the body from sickness or death awaits the consummation of our salvation in the resurrection. (Acts 4:8, 31; Romans 8:23; 1 Corinthians 13:8.)
The Church, a Unity of Believers
We believe that all who are united to the risen and ascended Son of God are members of the church which is the body and bride of Christ, which began at Pentecost and is completely distinct from Israel. Its members are constituted as such regardless of membership or non-membership in the organized churches of earth.
We believe that by the same Spirit all believers in this age are baptized into, and thus become, one body that is Christ's, whether Jews or Gentiles, and having become members one of another, are under solemn duty to keep the unity of the Spirit in the bond of peace, rising above all sectarian differences, and loving one another with a pure heart fervently. (Matthew 16:16-18; Acts 2:42-47; Romans 12:5; 1 Corinthians 12:12-27; Ephesians 1:20-23; 4:3-10; Colossians 3:14-15.)
The Sacraments or Ordinances
We believe that water baptism and the Lord's Supper are the only sacraments and ordinances of the church and that they are a scriptural means of testimony for the church in this age. (Matthew 28:19; Luke 22:19-20; Acts 10:47-48; 16:32-33; 18:7-8; 1 Corinthians 11:26.)
The Christian's Walk
We believe that we are called with a holy calling to walk not after the flesh but after the Spirit, and so to live in the power of the indwelling Spirit that we will not fulfill the lust of the flesh. But the flesh with its fallen, Adamic nature, which in this life is never eradicated, being with us to the end of our lives to the dishonor of our Lord. (Romans 6:11-13; 8:2, 4, 12-13; Galatians 5:16-23; Ephesians 4:22-24; Colossians 2:1-10; 1 Peter 1:14-16; 1 John 1:4-7; 3:5-9.)
The Christian's Service
We believe that divine, enabling gifts for service are bestowed by the Spirit upon all who are saved. While there is a diversity of gifts, each believer is energized by the same Spirit, and each is called to his own divinely appointed service as the Spirit may will. In the apostolic church there were certain gifted men--apostles, prophets, evangelists, pastors, and teachers--who were appointed by God for the perfecting of the saints unto their work of the ministry. We believe also that today some men are especially called of God to be evangelists, pastors and teachers, and that it is to the fulfilling of His will and to His eternal glory that these shall be sustained and encouraged in their service for God. (Romans 12:6; 1 Corinthians 12:4-11; Ephesians 4:11.)
We believe that, wholly apart from salvation benefits which are bestowed equally upon all who believe, rewards are promised according to the faithfulness of each believer in his service for his Lord, and that these rewards will be bestowed at the judgment seat of Christ after He comes to receive His own to Himself. (1 Corinthians 3:9-15; 9:18-27; 2 Corinthians 5:10.)
The Great Commission
We believe that it is the explicit message of our Lord Jesus Christ to those whom He has saved that they are sent forth by Him into the world even as He was sent forth of His father into the world. We believe that after they are saved they are divinely reckoned to be related to this world as strangers and pilgrims, ambassadors and witnesses, and that their primary purpose in life should be to make Christ known to the world. (Matthew 28:18-19 Mark 16:15; John 17:18; Acts 1:8; 2 Corinthians 5:18-20; 1 Peter 1:17, 2:11.)
The Blessed Hope
We believe that according to the Word of God the next great event in the fulfillment of prophecy will be the coming of the Lord in the air to receive to Himself into heaven both His own who are alive and remain unto His coming, and also all who have fallen asleep in Jesus, and that this event is the blessed hope set before us in the Scripture, and for this we should be constantly looking. (John 14:1-3; 1 Corinthians 15:51-52; Philippians 3:20; 1 Thessalonians 4:13-18; Titus 2:11-14.)
The Tribulation
We believe that the translation of the church will be followed by the fulfillment of Israel's seventieth week (Daniel 9:27; Revelation 6:1-19:21) during which the church, the body of Christ, will be in heaven. The whole period of Israel's seventieth week will be a time of judgment on the whole earth, at the end of which the times of the Gentiles will be brought to a close. The latter half of this period will be the time of Jacob's trouble (Jeremiah 30:7), which our Lord called the great tribulation (Matthew 24:15-21). We believe that universal righteousness will not be realized previous to the second coming of Christ, but that the world is day by day ripening for judgment and that the age will end with a fearful apostasy.
The Second Coming of Christ
We believe that the period of great tribulation in the earth will be climaxed by the return of the Lord Jesus Christ to the earth as He went, in person on the clouds of heaven, and with power and great glory to introduce the millennial age, to bind Satan and place him in the abyss, to lift the curse which now rests upon the whole creation, to restore Israel to her own land and to give her the realization of God's covenant promises, and to bring the whole world to the knowledge of God. (Deuteronomy 30:1-10; Isaiah 11:9; Ezekiel 37:21-28; Matthew 24:15-25:46: Acts 15:16-17; Romans 8:19-23; 11:25-27; 1 Timothy 4:1-3; 2 Timothy 3:1-5; Revelation 20:1-3.)
The Eternal State
We believe that at death the spirits and souls of those who have trusted in the Lord Jesus Christ for salvation pass immediately into His presence and there remain in conscious bliss until the resurrection of the glorified body when Christ comes for His own, whereupon soul and body reunited shall be associated with Him forever in glory; but the spirits and souls of the unbelieving remain after death conscious of condemnation and in misery until the final judgment of the great white throne at the close of the millennium, when soul and body reunited shall be cast into the lake of fire, not to be annihilated, but to be punished with everlasting destruction from the presence of the Lord and from the glory of His power. (Luke 16:19-26; 23:43; 2 Corinthians 5:8; Philippians 1:23; 2 Thessalonians 1:7-9; Jude 6-7; Revelation 20:11-15.)
Donor confidence score
Transparency grade
D
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Financial efficiency ratings
Sector: Radio/ TV Stations
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 132 of 1010 | 5 of 34 |
| Fund acquisition rating | | 90 of 1012 | 4 of 34 |
| Resource allocation rating | | 60 of 1012 | 4 of 34 |
| Asset utilization rating | | 666 of 1010 | 23 of 34 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 0% | 0% | 0% | 1% | 1% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 0% | 0% | 0% | 1% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 91% | 90% | 88% | 88% | 186% | 90% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 0% | 0% | 1% | 1% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 9% | 10% | 12% | 12% | -86% | 10% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 95% | 94% | 94% | 94% | 94% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 73% | 78% | 83% | 179% | 92% |
Program output ratio Program output ratio = Program services / Total revenue | 74% | 69% | 74% | 78% | 169% | 86% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 27% | 22% | 17% | -79% | 8% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 8% | 12% | 9% | 8% | -16% | 3% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 13% | 5% | 5% | 5% | 5% | 5% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.59 | 0.31 | 0.32 | 0.37 | 0.35 | 0.31 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.92 | 1.25 | 1.23 | 1.24 | 1.25 | 1.47 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.25 | 0.39 | 0.39 | 0.45 | 0.44 | 0.46 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.73 | 36.61 | 35.07 | 28.38 | 31.61 | 29.62 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 8.99 | 29.87 | 29.95 | 25.50 | 26.67 | 25.46 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 5% | 2% | 2% | 3% | 6% | 13% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 4% | 11% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 145% | 314% | 308% | 266% | 269% | 280% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $8,302,010 | $5,278,127 | $2,080,922 | $1,557,486 | $1,703,246 |
| Receivables, inventories, prepaids | $350,293 | $452,439 | $363,514 | $309,487 | $718,151 |
| Short-term investments | $49,152,600 | $46,785,216 | $41,923,091 | $44,760,916 | $42,657,688 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $57,804,903 | $52,515,782 | $44,367,527 | $46,627,889 | $45,079,085 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $4,818,245 | $2,644,784 | $1,341,562 | $1,415,060 | $1,477,521 |
| Other long-term assets | $9,781,895 | $9,267,466 | $9,449,359 | $10,355,864 | $19,713,337 |
| Total long-term assets | $14,600,140 | $11,912,250 | $10,790,921 | $11,770,924 | $21,190,858 |
| Total assets | $72,405,043 | $64,428,032 | $55,158,448 | $58,398,813 | $66,269,943 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $1,578,946 | $1,497,558 | $1,563,446 | $1,475,122 | $1,522,147 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $1,578,946 | $1,497,558 | $1,563,446 | $1,475,122 | $1,522,147 |
| Debt | $0 | $0 | $0 | $2,209,003 | $7,172,575 |
| 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 | $2,209,003 | $7,172,575 |
| Total liabilities | $1,578,946 | $1,497,558 | $1,563,446 | $3,684,125 | $8,694,722 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $69,513,475 | $61,601,830 | $52,151,085 | $53,388,282 | $56,279,570 |
| With donor restrictions | $1,312,622 | $1,328,644 | $1,443,917 | $1,326,406 | $1,295,651 |
| Net assets | $70,826,097 | $62,930,474 | $53,595,002 | $54,714,688 | $57,575,221 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $27,910,280 | $22,910,711 | $21,423,171 | $21,021,811 | $20,091,426 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $2,931,538 | $3,062,269 | $2,765,910 | ($9,826,477) | $1,952,731 |
| Other revenue | $156,116 | $206,090 | $156,751 | $129,703 | $347,873 |
| Total other revenue | $3,087,654 | $3,268,359 | $2,922,661 | ($9,696,774) | $2,300,604 |
| Total revenue | $30,997,934 | $26,179,070 | $24,345,832 | $11,325,037 | $22,392,030 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $21,384,774 | $19,281,186 | $18,968,516 | $19,097,509 | $19,314,248 |
| Management and general | $1,103,879 | $1,059,882 | $1,072,365 | $1,103,527 | $1,104,241 |
| Fundraising | $100,042 | $97,596 | $106,066 | $112,093 | $107,728 |
| Total expenses | $22,588,695 | $20,438,664 | $20,146,947 | $20,313,129 | $20,526,217 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $8,409,239 | $5,740,406 | $4,198,885 | ($8,988,092) | $1,865,813 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $8,409,239 | $5,740,406 | $4,198,885 | ($8,988,092) | $1,865,813 |
Compensation
| Name | Title | Compensation |
| Gregg Harris | President | $223,419 |
| Barbara Peil | Vice President | $140,181 |
| Robert Kern | Secretary | $138,952 |
Compensation data as of: 12/31/2020
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 1/16/2022. To update the information below, please email: info@ministrywatch.com
History
John Vernon McGee was born in Hillsboro, Texas, in 1904, the son of very poor parents. At age 14, "Vernon" lost his dad to a cotton gin accident and his mother moved him and his sister to Nashville, Tennessee. Through the investment of significant mentors, Vernon was able to attend college and then seminary. After completing his education (earning degrees from Southwestern University in Memphis, Tennessee; Columbia Theological Seminary in Decatur, Georgia; Dallas Theological Seminary in Dallas, Texas), he was the pastor of churches in Decatur, GA, Nashville, TN, and Cleburne, TX. It was in Cleburne that Vernon met Ruth Inez Jordan and fell in love with her at first sight. He proposed on their second date, and the two married a year later. Eventually, he and Ruth settled in Pasadena, California, where Dr. McGee accepted a pastoral call to the Lincoln Avenue Presbyterian Church. He recalled this period as the happiest in his life, with a young family and a young congregation whom he loved.
In 1941, Dr. McGee was persuaded to begin a Sunday radio program, The Open Bible Hour, on just one station. It later became High Noon Bible Class, which laid the foundation for the 1967 launch of Thru the Bible as we know it today. Dr. McGee recorded the "Sunday Sermon" messages from the pulpit of the Church of the Open Door in Los Angeles, where he served as pastor from 1949 to 1970.
After cancer surgery in 1965, the doctors gave Dr. McGee six months to live. The Lord gave him 23 more years.
After retiring, Dr. McGee devoted his life to Thru the Bible. On any given day, you'd find him at the Pasadena office with an open Bible on his desk in front of a microphone.
Dr. McGee and the Board of Directors planned in advance that the recorded 5-year program would stay on the air after Dr. McGee's death. "Just play the tapes until the money runs out," was Dr. McGee's directive. On December 1, 1988, Dr. McGee fell asleep in his chair and quietly passed into the presence of his Savior.
Today, the worldwide work of Thru the Bible continues through a small staff and the prayers and faithful giving of wonderful listeners-committed to keeping the Bible Bus traveling through the whole Word of God until Jesus comes.
Program accomplishments
Thru the Bible airs on over 800 stations in the U.S. and Canada, and is translated and heard in more than 100 languages and dialects around the world.