WORLD CHRISTIAN BROADCASTING CORPO… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

ANDREW L BAKER

Phone

6153718707

Tax Period

2023-01-01 to 2023-12-31

WORLD CHRISTIAN BROADCASTING CORPORATION, founded in 1976, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.8M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $3.7M exceeded revenue, resulting in a 32% operating deficit.

Mission

WORLD CHRISTIAN BROADCASTING EXISTS SO THAT PEOPLE IN PLACES BEST SERVED BY BROADCAST MEDIA BECOME AWARE OF THE GOOD NEWS OF JESUS CHRIST AND WANT TO KNOW MORE. GEOGRAPHIC AREAS THAT CANNOT BE EASILY SERVED BY MISSIONARIES ARE A PRIORITY.

Program Service Accomplishments

Program 1

Expenses: $2,736,736

WORLD CHRISTIAN BROADCASTING'S SHORTWAVE RADIO RECEPTION THROUGHOUT THE WORLD IS MEASURED BY MONITORS IN THOSE AREAS WHO ARE PAID TO LISTEN TO OUR BROADCASTS AND REPORT ON RECEPTION QUALITY, AND BY THE MAIL AND EMAIL RESPONSES WE REGULARLY RECEIVE FROM LISTENERS. WE CURRENTLY BROADCAST 10 HOURS IN CHINESE, 7 HOURS IN RUSSIAN, 7 HOURS IN ENGLISH, 3 HOURS IN ENGLISH FOR AFRICA, 2 HOURS IN KOREAN, 3 HOURS IN ARABIC, 2 HOURS IN SPANISH AND 2 HOURS IN PORTUGUESE EVERY DAY OF THE YEAR. OUTAGES ARE REPORTED TO THE FCC. THE EFFECTIVENESS OF OUR WEBSITES IS GAUGED BY THE OVER 5.4 MILLION HITS WE RECEIVE ANNUALLY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,750,519

Program Service Revenue $0

Investment Income $83,196

Other Revenue $-51,727

TOTAL REVENUE $2,781,988

Expense Breakdown

Grants Paid $18,543

Salaries & Benefits $1,558,341

Fundraising Expenses $504,887

Program Expenses $2,736,736

Other Expenses $2,106,172

TOTAL EXPENSES $3,683,056

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,781,988	$3,415,366	-0.2%
Expenses	$3,683,056	$3,438,820	+0.1%
Net Income	$-901,068	$-23,454	+37.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$282,309

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW L BAKER	PRESIDENT	40.00	Officer	$116,865	$4,576	$121,441
BEN POWELL	CFO	40.00	Officer	$104,744	$7,259	$112,003
BRYAN BASHAM	EXECUTIVE VP	40.00	Officer	$45,833	$3,032	$48,865
MARK WILLOUGHBY	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
WYATT RAMPY	VICE-CHAIRPE	1.00	Officer Director	$0	$0	$0
DR RANDY PERRY	SECRETARY	1.00	Officer Director	$0	$0	$0
DEBBIE ANGLIN	DIRECTOR	1.00	Director	$0	$0	$0
JILL ESTES BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
DR GEORGE BRIDGES	DIRECTOR	1.00	Director	$0	$0	$0
TERRY BUNNELL	DIRECTOR	1.00	Director	$0	$0	$0
DR NORMA BURGESS	DIRECTOR	1.00	Director	$0	$0	$0
DR JAMES CARR	DIRECTOR	1.00	Director	$0	$0	$0
ART DICKERSON	DIRECTOR	1.00	Director	$0	$0	$0
DR FRANK HARRELL	DIRECTOR	1.00	Director	$0	$0	$0
NEIKA STEPHENS	DIRECTOR	1.00	Director	$0	$0	$0
DR JOHN TYSON	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES WHITTLE	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,781,988	$3,683,056	$8,736,138	$-901,068
2022	$3,415,366	$3,438,820	$9,633,077	$-23,454
2021	$2,836,248	$3,084,332	$9,955,319	$-248,084
2020	$2,959,798	$3,361,151	$10,056,028	$-401,353
2019	$2,670,194	$3,521,476	$10,341,520	$-851,282
2018	$3,198,141	$3,748,380	$10,798,908	$-550,239

WORLD CHRISTIAN BROADCASTING CORPORATION