Civic Intelligence

The Christian Broadcasting Network Inc

990 • Fiscal year 2020 • EIN 54-0678752

Apr 01, 2019 to Mar 31, 2020 • Filed on Oct 22, 2020

977 Centerville TurnpikeVirginia Beach, VA 23463

(757) 226-7000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

33rd percentile

0.18x

Higher debt load relative to assets than 33% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2020

Liabilities / Revenue

8th percentile

0.09x

Higher debt load relative to revenue than 8% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2020

Net Margin

19th percentile

-4.2%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2020

Top Officer Pay

36th percentile

$607,225

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2020

Asset Growth

4th percentile

-10%

Faster asset growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-8.1%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2019 to 2020

Assets

Down

$147,252,867

Down $16,720,407 (-10%) from 2019

Net Assets

Down

$120,421,988

Down $16,096,510 (-12%) from 2019

Liabilities

Down

$26,830,879

Down $623,897 (-2.3%) from 2019

Revenue

Down

$289,748,358

Down $25,459,437 (-8.1%) from 2019

Expenses

Down

$301,902,983

Down $18,231,875 (-5.7%) from 2019

Net Income

Down

-$12,154,625

Down $7,227,562 (-147%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300M$200M$100M$0Assets 2010: $185,101,003Liabilities 2010: $31,145,113Net Assets 2010: $153,955,8902010Assets 2011: $195,203,633Liabilities 2011: $31,950,981Net Assets 2011: $163,252,6522011Assets 2012: $190,937,096Liabilities 2012: $34,035,223Net Assets 2012: $156,901,8732012Assets 2013: $192,801,010Liabilities 2013: $28,801,197Net Assets 2013: $163,999,8132013Assets 2014: $190,107,500Liabilities 2014: $26,388,475Net Assets 2014: $163,719,0252014Assets 2015: $172,358,342Liabilities 2015: $24,539,277Net Assets 2015: $147,819,0652015Assets 2016: $170,664,725Liabilities 2016: $29,416,457Net Assets 2016: $141,248,2682016Assets 2017: $168,673,965Liabilities 2017: $25,982,244Net Assets 2017: $142,691,7212017Assets 2018: $170,469,505Liabilities 2018: $26,151,509Net Assets 2018: $144,317,9962018Assets 2019: $163,973,274Liabilities 2019: $27,454,776Net Assets 2019: $136,518,4982019Assets 2020: $147,252,867Liabilities 2020: $26,830,879Net Assets 2020: $120,421,9882020Assets 2021: $190,224,209Liabilities 2021: $22,839,572Net Assets 2021: $167,384,6372021Assets 2022: $225,808,275Liabilities 2022: $24,439,879Net Assets 2022: $201,368,3962022Assets 2023: $233,013,283Liabilities 2023: $32,643,178Net Assets 2023: $200,370,1052023Assets 2024: $252,463,930Liabilities 2024: $34,118,857Net Assets 2024: $218,345,0732024Assets 2025: $267,564,443Liabilities 2025: $32,812,870Net Assets 2025: $234,751,5732025

Highlighted filing

2020

Assets$147,252,867
Liabilities$26,830,879
Net Assets$120,421,988

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400M$300M$200M$100M$0-$100MExpenses 2010: $274,919,5682010Revenue 2011: $285,304,245Expenses 2011: $278,536,352Net Income 2011: $6,767,8932011Expenses 2012: $283,961,6072012Expenses 2013: $278,492,6212013Revenue 2014: $301,753,422Expenses 2014: $296,221,847Net Income 2014: $5,531,5752014Revenue 2015: $293,799,962Expenses 2015: $302,663,592Net Income 2015: -$8,863,6302015Revenue 2016: $307,629,579Expenses 2016: $314,780,034Net Income 2016: -$7,150,4552016Revenue 2017: $308,099,729Expenses 2017: $306,124,580Net Income 2017: $1,975,1492017Revenue 2018: $324,674,393Expenses 2018: $319,708,060Net Income 2018: $4,966,3332018Revenue 2019: $315,207,795Expenses 2019: $320,134,858Net Income 2019: -$4,927,0632019Revenue 2020: $289,748,358Expenses 2020: $301,902,983Net Income 2020: -$12,154,6252020Revenue 2021: $313,058,061Expenses 2021: $269,571,938Net Income 2021: $43,486,1232021Revenue 2022: $317,928,035Expenses 2022: $282,713,119Net Income 2022: $35,214,9162022Revenue 2023: $294,657,187Expenses 2023: $295,273,972Net Income 2023: -$616,7852023Revenue 2024: $300,085,868Expenses 2024: $283,411,429Net Income 2024: $16,674,4392024Revenue 2025: $282,362,500Expenses 2025: $267,499,245Net Income 2025: $14,863,2552025

Highlighted filing

2020

Revenue$289,748,358
Expenses$301,902,983
Net Income-$12,154,625
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Oct 22, 2020
Return Version
2019v5.1
Gross Receipts
$297,958,267
Mission and Program Overview

Mission

The christian broadcasting network's mission is preaching the gospel of jesus christ into all the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$60,352,290$55,562,757▼ $4,789,533
Land, Buildings, and Equipment, Net$28,589,847$26,962,090▼ $1,627,757
Cash and Non-Interest-Bearing Accounts$19,199,986$20,238,356▲ $1,038,370
Investments Program Related$13,610,253$14,322,036▲ $711,783
Investments in Publicly Traded Securities$15,833,413$12,887,707▼ $2,945,706
Accounts Receivable$1,588,942$1,688,263▲ $99,321
Prepaid Expenses and Deferred Charges$1,811,450$1,462,749▼ $348,701
Savings and Temporary Cash Investments$4,695,163$766,262▼ $3,928,901
Inventories for Sale or Use$482,735$526,406▲ $43,671
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Investments Other Securities$813,038$-813,442▼ $1,626,480
Total Assets$163,973,274$147,252,867▼ $16,720,407
Other Assets Total$16,996,157$13,649,683▼ $3,346,474
Liabilities
Accounts Payable and Accrued Expenses$18,284,717$17,514,513▼ $770,204
Other Liabilities$8,725,702$8,919,267▲ $193,565
Deferred Revenue$444,357$397,099▼ $47,258
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$27,454,776$26,830,879▼ $623,897
Net Assets / Fund Balance
Net Assets With Donor Restrictions$74,249,239$66,624,915▼ $7,624,324
Net Assets Without Donor Restrictions$62,269,259$53,797,073▼ $8,472,186
Total Net Assets Fund Balance$136,518,498$120,421,988▼ $16,096,510
Total Liabilities and Net Assets / Fund Balance$163,973,274$147,252,867▼ $16,720,407

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,951,154$94,017,441$100,968,595
Buildings$4,128,494$30,283,124$34,411,618
Land$13,602,427-$13,602,427
Leasehold Improvements$1,564,143$8,813,344$10,377,487
Other Land Buildings$715,872$9,018,466$9,734,338
Investment Program Related Org$14,322,036--
Other Assets Org$20,816--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$4,039,169$123,087▼ $625,094-$3,232,788
2018$4,119,035-▲ $76,117-$4,039,169
2017$762,122$3,325,627▲ $50,613-$4,119,035
2016$744,148-▲ $65,631-$762,122
2015$805,809-▼ $37,706-$744,148
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gordon P RobertsonDirector/vice Chair/CEOFT$574,256$32,969$607,225
Terry MeeuwsenCo-hostFT$267,026$32,010$299,036
Mg RobertsonChairman of the BoardPT$6,735$274,724$274,724
David K GriffithVice PresidentFT$254,892$13,365$268,257
James R Barr JrVice President/CFOFT$225,339$26,018$251,357
Robert L AllmanVice PresidentFT$222,440$28,173$250,613
Edie L WasserbergVice PresidentFT$226,850$23,722$250,572
Michael StonecypherVice PresidentFT$228,455$21,291$249,746
Marvin B EdwardsVice PresidentFT$228,081$20,694$248,775
Randy J MorellVP/asst SecretaryFT$203,552$23,207$226,759
Joseph F FitzpatrickAssoc. General CounselFT$187,709$28,507$216,216
David BrodySr. CorrespondentFT$186,497$25,013$211,510
Dana LawsonDirector Major Donors thru 7/29/19FT$119,453$85,652$205,105
Frank T NicoExec. Director of Planned GivingFT$153,552$36,840$190,392
Andrew W KnoxVice PresidentFT$159,140$28,459$187,599
Michael D LittleChief Rep to Israel/fmr Pres.FT$46,694$128,507$175,201
Barbara W RitterVice PresidentFT$140,035$20,322$160,357
Mihai BocarneaVice PresidentFT$142,725$11,311$154,036
Jay L ComiskeyVice PresidentFT$133,522$16,450$149,972
Chris a Mitchell SrVice PresidentFT$111,212$2,346$113,558
Stephen J PalserVice President Thru 8/30/19FT$83,629$25,195$108,824
Gg ConklinAssistant SecretaryFT$68,551$7,927$76,478
Vickie WarrenAssistant SecretaryPT-$50,340$50,340
William L McconkeyDirector-$9,000-$9,000

Board Members and Trustees

NameTitle
Benny YountDirector
David a PentecostDirector
Jennifer WhitelawDirector
Thomas M SaltsgiverDirector
Ae RobertsonDirector/secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Progresso Consulting LLCTechnology Services1502 ANTLER CIRCLE, Virginia Beach, VA 23464$742,160
Tierpoint LLCData Services12444 POWERSCOURT DR SUITE 450, St Louis, MO 63131$415,469
Darwill INCPrinting And Mailing11900 WEST ROOSEVELT ROAD, Hillsdale, IL 60162$297,842
Kpmg LLPAccounting440 Monticello Avenue Suite 1900, Norfolk, VA 23510$285,535
McAndrews Held MalloyLegal500 W Madison St - Suite 3400, Chicago, IL 60661$219,926
Revenue and Support

Revenue Composition

Contributions and Grants
$179,634,883
Program Service Revenue
$215,815
Investment Income
$1,155,089
Other Revenue
$108,742,571
All Other Contributions
$178,935,097
Change in Net Assets
$-12,154,625

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded51$591,211Market Quote
Other Non Cash Contri Table78$288,697Wholesale Estimate
Food Inventory85$82,857Wholesale Estimate
Clothing and Household Goods-$27,562Wholesale Estimate
Drugs and Medical Supplies34$25,969Wholesale Estimate
Books and Publications-$18,627Wholesale Estimate
Total Noncash Contributions248$1,034,923-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$188,777,066
Salaries, Compensation, and Employee Benefits$83,489,953
Grants and Similar Amounts Paid$29,635,964
Total Fundraising Expense$29,522,384
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$51,114,610$5,005,504$9,208,626$65,328,740
Grants to Domestic Orgs$19,635,788--$19,635,788
Foreign Grants$9,264,050--$9,264,050
Other Employee Benefits$5,878,830$1,349,103$1,218,780$8,446,713
Depreciation Depletion$6,672,293$1,078,611$502,203$8,253,107
All Other Expenses$4,155,157$1,107,889$2,859,258$8,122,304
Fees for Services Other$6,295,942$874,960$726,282$7,897,184
Payroll Taxes$4,010,095$465,900$690,474$5,166,469
Occupancy$3,696,633$972,605$166,097$4,835,335
Information Technology$3,081,402$828,637$593,940$4,503,979
Travel$2,878,329$468,589$308,715$3,655,633
Current Officers, Directors, Trustees, and Key Employees$2,048,292$1,224,606$314,954$3,587,852
Office Expenses$1,919,793$274,066$175,085$2,368,944
Insurance$1,055,636$423,227$205,991$1,684,854
Advertising$520,045$36,844$643,065$1,199,954
Other Expenses$602,922$307,465$173,725$1,084,112
Conferences and Meetings$595,509$42,510$372,656$1,010,675
Comp Disqual Persons$461,930$175,201$160,118$797,249
Interest$382,634$357,749$20,934$761,317
Grants to Domestic Individuals$736,126--$736,126
Fees for Services Accounting$127,314$250,950$450$378,714
Fees for Services Legal$115,783$204,982$28,031$348,796
Pension Plan Contributions$154,905$2,719$5,306$162,930
Fees for Service Investment Mgmnt Fees-$22,000-$22,000
Total Functional Expenses$70,437,026$6,261,559$25,795,934$102,494,519
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
OPERATION BLESSING INT'L RELIEF & DEVELOPMENTVirginia Beach, VA501(c)(3)Humanitarian$16,679,652
Regent UniversityVirginia Beach, VA501(c)(3)Christian Education$1,861,830
United Way of South Hampton RoadsNorfolk, VA501(c)(3)Humanitarian$275,000
Soul Survivor OutdoorCarlsbad, CA501(c)(3)Military Support$102,360
Morris Cerullo World EvangelismSan Diego, CA501(c)(3)Evangelism$100,000
Latisha's House FoundationWilliamsburg, VA501(c)(3)Anti-Trafficking$50,000
Virginia Symphony OrchestraNorfolk, VA501(c)(3)Arts$50,000
Reboot Combat RecoveryPleasant View, TN501(c)(3)Military Support$48,000
National Religious BroadcastersWashington, DC501(c)(3)Religious Broadcasting$41,531
TMCJ International Productions IncVirginia Beach, VA501(c)(3)Christian Outreach$40,000
Battleground PerazimClarksville, TN501(c)(3)Military Support$38,162
Joy Ministries Evangelistic AssociationVirginia Beach, VA501(c)(3)Aid Vulnerable Kids$36,099
Mighty Oaks FoundationMurrieta, CA501(c)(3)Military Support$30,000
Cornerstone NetworkWall, PA501(c)(3)Christian Broadcasting$25,000
Virginia Beach Justice InitiativeHampton, VA501(c)(3)Anti-Trafficking$25,000
One Voice Student MissionsPasadena, CA501(c)(3)Christian Outreach$21,000
CoMissionMount Joy, PA501(c)(3)Orphan Projects$18,000
Loving & Caring for the HomelessVirginia Beach, VA501(c)(3)Women's Shelter$12,730
Elijah RisingHouston, TX501(c)(3)Christian Education$12,000
THE SHEPHERD'S CROOK MINISTRIESHamilton, OH501(c)(3)Orphan Adoption$12,000
United in HimVirginia Beach, VA501(c)(3)Humanitarian$10,800
Garden of Hope IncNorfolk, VA501(c)(3)Humanitarian$10,000
Heart of America Teen ChallengeRaytown, MO501(c)(3)Christian Outreach$10,000
Kairos Freedom Schools of VANorfolk, VA501(c)(3)Reading Program$10,000
Park Place SchoolNorfolk, VA501(c)(3)Education$10,000
The Bridge ChurchNorfolk, VA501(c)(3)Humanitarian$10,000
Restoration Summit MinistriesSanta Rosa Beach, FL501(c)(3)Christian Outreach$8,560
Faith Warrior MinistryBonsall, CA501(c)(3)Military Support$7,000
Saddleback Church Rancho CapistranoCapistrano, CA501(c)(3)Military Ministry$5,400

International Summary

Offices
29
Employees
843
Spending
$104,886,334

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AmericaProgram ServicesSee Part V13$32,228,366
East Asia and the PacificProgram ServicesSee Part V9556$20,520,443
Europe (Including Iceland and Greenland)Program ServicesSee Part V248$13,354,333
Sub-Saharan AfricaProgram ServicesSee Part V682$9,111,448
Central America and the CaribbeanInvestmentsSee Part V223$9,090,169
Middle East and North AfricaProgram ServicesSee Part V219$8,315,518
Russia and the Newly Independent StatesProgram ServicesSee Part V450$5,736,149
South AsiaProgram ServicesSee Part V127$3,480,187
North AmericaProgram ServicesSee Part V235$3,049,721
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$102,405
Fundraising Gross Income$3,500
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner$697,270$3,500$65,859$-62,359
Total Events$697,270$3,500$102,405$-98,905
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jesse WasserbergSon of VPWages and BenefitsNo$107,832
Michael LealSon-in-law of VPWages and BenefitsNo$87,571
Aaron LittleSon of Former PresidentWages and BenefitsNo$86,948
Abigail RobertsonGranddaughter of ChairmanWages and BenefitsNo$81,369
Alicia PalserDaughter-in-law of VPWages and BenefitsNo$72,547
Patrick RobertsonSon of CEOWages and BenefitsNo$71,634
Rhonda PalserWife of VPWages and BenefitsNo$56,859
Jordan PalserSon of VPWages and BenefitsNo$27,079
Evelyn RobertsonGranddaughter of ChairmanWages and BenefitsNo$26,548
David K Griffith JrSon of VPWages and BenefitsNo$3,661

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Fiduciary Income$6,205,319
Life Loan Agreements$1,058,316
Capital Leases$850,502
Other$805,130
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2

M.g. Robertson, chairman of the board, and a.e. Robertson, secretary and director, are married. Their son, gordon robertson, serves as ceo, president and vice-chairman.

Form 990, Part VI, Line 11B

The christian broadcasting network prepares a draft of the 990 which is reviewed by kpmg and senior management. The revised 990 is submitted to the board for review. Further revisions are confirmed by kpmg.

Form 990, Part VI, Line 12C

Each officer and director is required to report any conflicts of interest to the chairman or ceo as soon as practical after they become aware of such a conflict. The chairman and ceo report any conflicts to the audit committee of the board of directors. Each officer and director is also required to annually complete the conflict of interest questionnaire. Cbn will monitor compliance with its conflict of interest policy by determining whether conflicts exist during the review of annual questionnaires completed by officers, directors, and key employees. The board of directors, excluding any conflicted persons, will have final approval of any corrective measures or imposed restrictions for conflicts of interest. Such restrictions will require excluding conflicted persons from discussion and approval of transactions benefitting them, directly or indirectly.

Form 990, Part VI, Line 15

The audit committee of the board of directors will conduct an independent review of compensation which includes the chairman, ceo, president, all vice presidents and key employees every three years. This process includes securing comparable compensation data from an independent source, reviewing the data to ensure that the compensation is reasonable and contemporaneous substantiation of the deliberation and decision.

Form 990, Part VI, Line 17

California, florida, hawaii, louisiana, maryland, minnesota, mississippi, missouri, new hampshire, north dakota, oregon, south carolina, tennessee, virginia, washington, west virginia, wisconsin.

Form 990, Part VI, Line 19

The christian broadcasting network makes its audited financial statements publicly available by providing copies on request and also posts the statements on cbn.com. Form 990, part xi, line 9 other changes in net assets or fund baalnce were as follows: disallowed loss on subsidiaries ($1,955,652).

Filing and Contact Details

Filer

Filer Name
The Christian Broadcasting Network Inc
EIN
54-0678752
In Care Of
% JAMES R BARR JR
Phone
7572267000
Address
977 CENTERVILLE TURNPIKE, VIRGINIA BEACH, VA 23463

Signing Officer

Name
James R Barr Jr
Title
VP/CFO
Phone
7572267000
Signed
2020-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gordon Robertson
Formed
1960
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
5
Employees
1,395
Volunteers
0

Preparer

Firm
Kpmg Llp
Address
8350 Broad Street Suite 900, McLean, VA 22102
Preparer
Jg White
Phone
7032868000
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

The 700 club is a live television program that airs weekdays from the christian broadcasting network's (cbn) broadcast facilities in virginia beach, virginia, and is the primary program used by cbn to preach the gospel of jesus christ in the u.s. On the air continuously since 1966, the 700 club is one of the longest-running programs in broadcast history. Hosted by pat robertson, terry meeuwsen, wendy griffith and gordon robertson, with news anchor john jessup, the 700 club is a christian news/magazine style program that has the variety and pacing of a morning show with in-depth investigative reporting by the cbn news team plus interviews, inspiring stories, and christian ministry. In the program, viewers are invited to accept jesus christ as their personal savior. The program is carried on 101 u.s. Broadcast television stations, freeform cable network, and most major christian television networks. The 700 club can be seen in 97 percent of u.s. Homes. The 700 club and 700 club interactive have a combined average daily viewing audience of approximately 650,000 households. In addition to airing cbn's programming on cable television networks and local affiliates, cbn also streams its programming on the internet making it available to the worldwide audience. As part of the 700 club, cbn news covers stories and events affecting christians in the us and around the world. The washington bureau reports on news from the capitol and cbn's international correspondents report on events and trends that shape the world. Over the years, the 700 club has become well known for its fresh and insightful interviews, hard-hitting special reports, and dramatic features. Some recent highlights include: 1) international news coverage on the persecution of christians worldwide including the nations of china, egypt, indonesia, iran, iraq, nigeria, pakistan and syria, the changing political landscape in the middle east and the nuclear proliferation in iran and north korea. 2) cbn news guests have included presidents, numerous governors, members of congress, cabinet secretaries, and foreign heads of state. 3) many celebrities appear on the 700 club to share their christian testimonies or discuss other relevant topics. 700 club interactive is a program that gives viewers from across the country the opportunity to interact with the hosts gordon robertson and terry meeuwsen. The program content is a combination of bible teaching, testimonies, and prayer. Viewers may call in via telephone, skype, or internet texting to request prayer for various situations in their lives. The prayer requests range from health related issues, marriage, and heart-rending stories of callers trying to cope with the loss of a loved one. It's a combination of the surprise elements of "reality television" with solid biblical teaching. Cbn returned to network broadcast programming october 1, 2018 with the launch of cbn news channel, the first 24-hour christian television news channel. The news channel features a mix of live and breaking news coverage from the network's washington d.c. Bureau, virginia beach headquarters, jerusalem bureau and other locations. The news channel features daily updated versions of cbn newswatch and a daily version of faith nation (6:00 pm est), the political talk show hosted by jenna browder and john jessup. Other shows include jerusalem dateline, christian world news, healthy living, on the homefront, global lane and faithwire. Cbn news channel is available to viewers via multiple formats including over the air (ota), over the top (ott), certain cable networks, the cbn news app and at cbnnews.com. Since its inception in 1995, cbn has been at the forefront of christian internet communication with over 88 million site visits in 2019. Featuring content from a host of cbn affiliated television programs including the 700 club, 700 club interactive, cbn news, and international programs as well as original web excusive content, people viewed over 155 million we

Form 990, Part III, Line 4B

The goal of cbn's global outreach is to take the gospel message around the world and share the love and hope of jesus with those in need. Cbn demonstrates innovation and integrity as it develops indigenous centers and partners with native christian groups to spread the gospel across the globe. The development of indigenous cbn centers that provide local outreach through the use of television, radio, internet, and video programming is key in cbns worldwide evangelism efforts. The use of indigenous, recurring television programming in a country has proven a powerful outreach tool that builds trust and a solid viewership base. The cultivation of partnerships with local christian organizations is another key strategy to maximize resources and the impact of cbn media evangelism and community-based humanitarian outreaches. Cbn now has 59 episodes of a new version of superbook, a series of animated bible stories cbn originally produced in japan in the early 1980's. Superbook brings the life-changing stories of the bible to life and teaches values like courage, loyalty and faith to the children of the world in their native language. In addition, we have developed 24 superbook explorer packages which include special editions of episodes plus special features which allow families to better study the stories. Cbn has or is working on 64 language translations of one or more episodes of this series, as well as superbook websites in various languages, a sunday school curriculum, and other superbook-related projects. Cbn focuses its global evangelistic outreach in the following regions: central america and the caribbean, south america, sub-saharan africa, the middle east and north africa, india, indonesia, europe, southeast asia, china, and russia and the newly independent states. In 2019 cbn programs and other content were produced in 70 languages and have been produced in 144 foreign languages in total over the years. In 2019, cbn programs were broadcast to audiences in 159 countries and territories. Orphan's promise is cbn's outreach program to orphaned and at-risk children around the world. The organization seeks to meet the emotional, intellectual, physical, social and spiritual needs through education and training programs, nutrition and feeding solutions, discipleship efforts, family care programs, community transformation projects, and anti-trafficking programs. In 2019, orphan's promise helped thousands of vulnerable children in the united states and 64 other countries throughout africa, asia, latin america, europe, russia and the newly independent states.

Form 990, Part III, Line 4C

The primary focus of the prayer center is to base every interaction in biblical principal, scripture, and prayer. This is done through fundraising efforts, account management, online community engagement, and encouragement through prayer from a faith based perspective. Prayer center employees also provide relevant links to cbn's free resources for further ministry. In 2019, the prayer center department handled 258,349 outbound and 1,908,952 inbound phone calls with a total of 2,167,301 calls. A total of 6,291 people prayed the prayer of salvation with our prayer center employees and 8,213 people rededicated their life to christ. The department recorded 1,690,727 prayer requests which were taken through inbound and outbound calls. The goal of the prayer center is to provide compassionate prayer, ministry, and outstanding customer service to callers.

Form 990, Part III, Line 4D

DURING FY20, OB HELD HUNDREDS OF INTERNATIONAL MEDICAL BRIGADES THAT PROVIDED FREE MEDICAL CARE SUCH AS GENERAL MEDICAL AND DENTAL SERVICES. OB ALSO DISTRIBUTED MEDICINE AND MEDICAL SUPPLIES TO PARTNERS AROUND THE WORLD, WHICH WENT TO OUTFIT RESOURCE POOR AREAS BENEFITING CHILDREN AND ADULTS ALIKE. OB PROVIDED OVER TWO THOUSAND LIFE-CHANGING SURGERIES SUCH AS CLEFT LIP AND PALATE, CATARACT AND MORE TO THOSE IN NEED. IN ADDITION TO MEDICAL AND DENTAL BRIGADES, OB EQUIPS COMMUNITY MEMBERS TO BECOME COMMUNITY HEALTH VOLUNTEERS WHO CAN PROVIDE BASIC LIFESAVING SKILLS TO MEMBERS OF THEIR COMMUNITY FOR INJURY, ILLNESS, AND MORE. OPERATION BLESSING WAS INSTRUMENTAL IN FEEDING HUNGRY PEOPLE AROUND THE WORLD IN FY20, INCLUDING SUPPORTING NUTRITIONAL FEEDING PROGRAMS IN COUNTRIES SUCH AS EL SALVADOR, HAITI, ISRAEL, KENYA, COLOMBIA, SOUTH AFRICA, THAILAND, AND UGANDA. TO HELP PEOPLE PUT FOOD ON THE TABLE, OPERATION BLESSING EQUIPPED INDIVIDUALS WITH MARKETABLE JOB SKILLS, SMALL BUSINESS OPPORTUNITIES, AND LIFESKILLS IN COUNTRIES SUCH AS EL SALVADOR, MEXICO, HONDURAS, PAKISTAN, PERU, KENYA, CHINA, INDIA, MYANMAR, PHILIPPINES, SENEGAL, THAILAND, AND ISRAEL. FROM TRAINING IN FOOD PRODUCTION AND ANIMAL HUSBANDRY TO BEAUTICIAN SKILLS AND SEWING CENTERS, OB PROVIDED THOSE IN NEED WITH THE RESOURCES AND SKILLS TO PROVIDE FOR THEIR FAMILIES AND STRENGTHEN COMMUNITIES THROUGH INCOME GENERATION. DURING FY20, OB RESPONDED TO NATURAL DISASTERS AND HUMAN CRISISES AROUND THE WORLD. THIS INCLUDES RESPONDING TO DISASTERS FROM LOCAL OFFICES IN 10 COUNTRIES AS WELL AS SUPPORTING PARTNERS IN RESPONDING IN AN ADDITIONAL 5 COUNTRIES. OB DEPLOYED INTERNATIONALLY IN RESPONSE TO HURRICANE DORIAN IN THE BAHAMAS AND THE VENEZUELAN REFUGEE CRISIS IN COLOMBIA. IN 15 COUNTRIES AROUND THE WORLD, OB UTILIZED A VARIETY OF TECHNIQUES TO PROVIDE ACCESS TO WATER IN COMMUNITIES THROUGH WELLS AND COMMUNITY WATER SYSTEMS, DISINFECTING WATER THROUGH POINT OF USE CHLORINE GENERATION DEVICES, AND WATER FILTRATION. IN HAITI, CHLORINE PRODUCTION HELPED DISINFECT WATER AND PREVENT THE SPREAD OF DISEASE. IN THE UNITED STATES, OBI'S FLEET OF HUNGER STRIKE FORCE TRACTOR-TRAILERS TRAVELED APPROXIMATELY 1.5 MILLION MILES AND DISTRIBUTED MORE THAN 37 MILLION POUNDS OF FOOD, BEVERAGES AND OTHER DONATED PRODUCTS TO FAMILIES IN NEED. THE HSF'S FLEET OF TRACTOR-TRAILER TRUCKS TRANSPORTS MILLIONS OF POUNDS OF FOOD, BEVERAGES, OTHER RELIEF PRODUCTS AND DISASTER RELIEF SUPPLIES TO A NETWORK OF MORE THAN 80 COMMUNITY-BASED PARTNERS IN DOZENS OF CITIES ACROSS THE U.S. THESE PARTNERS IN TURN SERVE more than 3,900 LOCAL FOOD PANTRIES AND HUNGER RELIEF AGENCIES NATIONWIDE. MILLIONS BENEFITTED DURING FY20 FROM THE FOOD, BEVERAGES AND OTHER PRODUCTS THAT OBI DISTRIBUTED TO ITS NETWORK. A FIRST RESPONDER IN TIMES OF DISASTER, OPERATION BLESSING'S DOMESTIC DISASTER RELIEF TEAM RESPONDED TO 3 U.S. DISASTERS IN FY20. OPERATION BLESSING'S DOMESTIC DISASTER RELIEF TEAM ASSISTED DEVASTATED FLOOD VICTIMS IN BEAUMONT, TX AND OCRACOKE, NC. THEY ALSO ASSISTED TORNADO VICTIMS IN MT. JULIET, TN. IN THE WAKE OF THE COVID19 PANDEMIC, OPERATION BLESSING'S DOMESTIC DISASTER RELIEF TEAM HELPED FIRST RESPONDER COMMUNITIES IN 3 STATES BY PROVIDING CRITICAL SUPPLIES SUCH AS N95 MASKS AND SANITATION KITS. OPERATION BLESSING'S DOMESTIC DISASTER RELIEF TEAM ALSO PROVIDED N95 MASKS TO OUR CHURCH PARTNER NETWORK IN 8 STATES IN ORDER TO ASSIST WITH THEIR RE-OPENINGS. SUPPORT OF OTHER DOMESTIC CHARITIES AND INDIVIDUALS: CBN SUPPORTS VARIOUS OTHER ORGANIZATIONS WITHIN THE UNITED STATES. THEY INCLUDE MINISTRIES, EDUCATIONAL ENTITIES, HUMANITARIAN AGENCIES, AND VARIOUS OTHER NON-PROFIT ORGANIZATIONS. CBN HAS LAUNCHED A NEW INITIATIVE NAMED HELPING THE HOME FRONT TO HELP ACTIVE DUTY MILITARY FAMILIES. AS AMERICANS WE OWE A GREAT DEBT TO THOSE WHO PUT THEIR LIVES ON THE LINE FOR OUR FREEDOM, AND TO THEIR FAMILIES WHO BEAR THE BURDEN ON THE HOME FRONT. WE ARE COMING ALONGSIDE LOCAL CHURCHES BY PROVIDING FINANCIAL ASSISTANCE TO HELP C

Form 990, Part V, Line 4B

Belgium, brazil, cambodia, canada, china, costa rica, germany, ghana, guatemala, hong kong, india, indonesia, israel, kenya, laos, mexico, myanmar, nigeria, peru, philippines, russia, senegal, south africa, south korea, thailand, ukraine, united kingdom.

Form 990, Part XII, Line 2C

The audit committee of the board of directors has oversight and appointment responsibility for the audit and independent auditors.

Financial Statement Notes

Schedule D, Part X, Line 2

The ministry recognizes or derecognizes its tax positions based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The consolidated financial statements do not include any uncertain tax positions.

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IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID K GRIFFITH
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES R BARR JR
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT L ALLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6EDIE L WASSERBERG
IRS990/Form990PartVIISectionAGrp/PersonNm7MICHAEL STONECYPHER
IRS990/Form990PartVIISectionAGrp/PersonNm8MARVIN B EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm9RANDY J MORELL
IRS990/Form990PartVIISectionAGrp/PersonNm10JOSEPH F FITZPATRICK
IRS990/Form990PartVIISectionAGrp/PersonNm11DAVID BRODY
IRS990/Form990PartVIISectionAGrp/PersonNm12Dana Lawson
IRS990/Form990PartVIISectionAGrp/PersonNm13FRANK T NICO
IRS990/Form990PartVIISectionAGrp/PersonNm14ANDREW W KNOX
IRS990/Form990PartVIISectionAGrp/PersonNm15MICHAEL D LITTLE
IRS990/Form990PartVIISectionAGrp/PersonNm16BARBARA W RITTER
IRS990/Form990PartVIISectionAGrp/PersonNm17MIHAI BOCARNEA
IRS990/Form990PartVIISectionAGrp/PersonNm18JAY L COMISKEY
IRS990/Form990PartVIISectionAGrp/PersonNm19CHRIS A MITCHELL SR
IRS990/Form990PartVIISectionAGrp/PersonNm20STEPHEN J PALSER
IRS990/Form990PartVIISectionAGrp/PersonNm21GG CONKLIN
IRS990/Form990PartVIISectionAGrp/PersonNm22Vickie Warren
IRS990/Form990PartVIISectionAGrp/PersonNm23WILLIAM L MCCONKEY
IRS990/Form990PartVIISectionAGrp/PersonNm24AE ROBERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm25JENNIFER WHITELAW
IRS990/Form990PartVIISectionAGrp/PersonNm26DAVID A PENTECOST
IRS990/Form990PartVIISectionAGrp/PersonNm27THOMAS M SALTSGIVER
IRS990/Form990PartVIISectionAGrp/PersonNm28BENNY YOUNT
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR/VICE CHAIR/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt2CO-HOST
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP/ASST SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10ASSOC. GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt11SR. CORRESPONDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12Dir. Major Donors thru 7/29/19
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXEC. DIR. OF PLANNED GIVING
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF REP TO ISRAEL/FMR PRES.
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20VICE PRESIDENT THRU 8/30/19
IRS990/Form990PartVIISectionAGrp/TitleTxt21ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt22ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$268$32.8$235$282$267$14.9
2024Detailed filing. Detailed filing data is available for this year.$252$34.1$218$300$283$16.7
2023Detailed filing. Detailed filing data is available for this year.$233$32.6$200$295$295$0.62
2022Detailed filing. Detailed filing data is available for this year.$226$24.4$201$318$283$35.2
2021Detailed filing. Detailed filing data is available for this year.$190$22.8$167$313$270$43.5
2020Detailed filing. Detailed filing data is available for this year.$147$26.8$120$290$302$12.2
2019Detailed filing. Detailed filing data is available for this year.$164$27.5$137$315$320$4.93
2018Detailed filing. Detailed filing data is available for this year.$170$26.2$144$325$320$4.97
2017Detailed filing. Detailed filing data is available for this year.$169$26.0$143$308$306$1.98
2016Detailed filing. Detailed filing data is available for this year.$171$29.4$141$308$315$7.15
2015Detailed filing. Detailed filing data is available for this year.$172$24.5$148$294$303$8.86
2014Detailed filing. Detailed filing data is available for this year.$190$26.4$164$302$296$5.53
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$193$28.8$164$278
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$191$34.0$157$284
2011Summary only. Only limited summary data is available for this year.$195$32.0$163$285$279$6.77
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$185$31.1$154$275