X โ€” Religion-RelatedEIN: 061531224ยท Ruling Year: 2001

Faith Broadcasting Network Inc

Marion, Illinois

BHealth Score
58B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$4.1M
Total Revenue
๐Ÿ“Š
$4.7M
Total Expenses
๐Ÿฆ
$41.6M
Net Assets
๐Ÿ“‹
$9K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+25.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-13.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.92
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,110,797โ†‘26%$4,669,067โ†‘14%$41,655,690โ†‘2%
2022$3,274,362โ†“49%$4,088,825โ†‘286%$40,968,397โ†“7%
2021$6,411,585โ†‘395%$1,058,061โ†“23%$44,051,948โ†‘16%
2020$1,294,314โ†“45%$1,382,613โ†“26%$37,897,775โ†‘3%
2019$2,354,178โ†“2%$1,862,673โ†“12%$36,696,774โ†‘11%
2018$2,402,816โ†“93%$2,110,078โ†‘84%$33,087,574โ†“4%
2017$33,620,319โ†‘1912%$1,147,815โ†“34%$34,444,728โ†‘1733%
2016$1,671,389โ†‘10%$1,732,354โ†‘9%$1,879,060โ†“3%
2015$1,517,338โ†“49%$1,594,138โ†“6%$1,937,296โ†“5%
2014$2,978,457โ†‘92%$1,699,634โ†‘8%$2,040,529โ†‘166%
2013$1,548,683โ†‘8%$1,572,279โ†‘10%$766,907โ†“1%
2012$1,430,294โ†“9%$1,432,358โ†“6%$776,472โ†“2%
2011$1,568,639$1,529,298$795,598

Frequently Asked Questions

What does Faith Broadcasting Network Inc do?โ–ผ

Faith Broadcasting Network Inc is a religion-related nonprofit organization based in Illinois. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Faith Broadcasting Network Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Faith Broadcasting Network Inc has a score of 58/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Faith Broadcasting Network Inc generate?โ–ผ

Revenue data for Faith Broadcasting Network Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Faith Broadcasting Network Inc โ€” Marion, IL | GiveScope