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Return Ii Or Nni72tinn Exam T from Inrnma l efile GRAPHIC pi - DO NOT PROCESS I As Filed Data - I DLN: 93493163000418 OMB No 1545-0047 Return ii Or nni72tinn Exam t From Inrnma Tnv Form 990 W p Under section 501(c ), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) 2017 Do not enter social security numbers on this form as it may be made public Department of the ► ► Information about Form 990 and its instructions is at www IRS gov/form990 Internal Reyemre Ser ice A For the 2017 calendar y ear, or tax y ear bei inning 01-01-2017 . and ending 12-31-2017 C Name of organization B Check if applicable D Employer identification number RADIO TRAINING NETWORK INC q Address change 58-1585542 q Name change Doing business as q Initial return q Final return / terminated i eiepnone nurnuer q Amended return Number and street (or P 0 box if mail is not delivered to street address) Room/suite 2420 WADE HAMPTON BLVD q Application pending (864) 292-6040 City or town, state or province, country, and ZIP or foreign postal code GREENVILLE, SC 29615 G Gross receipts $ 22,941,054 F Name and address of principal officer H(a) Is this a group return for JAMES L CAMPBELL 2420 WADE HAMPTON BLVD subordinates? No GREENVILLE, SC 29615 H(b) Are all subordinates Included? q Yes o I Tax-exempt status R 501(c)(3) q 501(c) ( ) A (insert no q 4947(a)(1) or El 527 If "No," attach a list ( see instructions ) H(c) Group exemption number J Website : ► MULTIPLE ► q q q L Year of formation 1984 M State of legal domicile GA K Form of organization 9 Corporation Trust Association Other ► NLi^ Summary 1 Briefly describe the organization's mission or most significant activities THE ORGANIZATION'S DEFINED MISSION STATEMENT IS TO EXTEND THE REACH OF CHRISTIAN COMMUNITY, BY AFFIRMING THAT WHICH IS POSITIVE IN OUR CULTURE, AND PENETRATING OUR WORLD AS SALT AN D LIGHT WITH THE LIFE-TRANSFORMING GOSPEL OF JESUS CHRIST THE ORGANIZATION'S PURPOSE IS TO PROMOTE AND FOSTER FORMAL EDUCATIONAL AND CHRISTIAN BROADCAST EDUCATION AND TRAINING TO ACCREDITED INSTITUTIONS AND OTHERS THROUGH THE ACQUISITION, ESTABLISHMENT, OPERATION AND MANAGEMENT OF RADIO STATIONS THE NETWORK'S FACILITIES SHALL ALL BE OPERATED FOR THE ADVANCEMENT OF THE GOSPEL ti OF JESUS CHRIST L5 q 2 Check this box ► if the organization discontinued its operations or disposed of more than 25% of its net assets 3 Number of voting members of the governing body (Part VI, line 1a) . 3 5 4 Number of independent voting members of the governing body (Part VI, line 1b) 4 4 5 Total number of individuals employed in calendar year 2017 (Part V, line 2a) 5 125 6 Total number of volunteers (estimate if necessary) . 6 445 7a Total unrelated business revenue from Part VIII, column (C), line 12 . 7a 298,817 b Net unrelated business taxable income from Form 990-T, line 34 . 7b -21,873 Prior Year Current Year 8 Contributions and grants (Part VIII , line 1h) . 14 , 561 , 262 15 , 692 , 361 9 Program service revenue (Part VIII, line 2g) . 5,755,809 6,581,244 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d . 641,554 261,506 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 309,762 299,206 12 Total revenue-add lines 8 through 11 (must equal Part VIII, column (A), line 12) 21,268,387 22,834,317 13 Grants and similar amounts paid (Part IX, column (A), lines 1-3 . 84,240 89,456 14 Benefits paid to or for members (Part IX, column (A), line 4) . 0 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) 7,840,571 8,679,105 16a Professional fundraising fees (Part IX, column (A), line 11e) 0 b Total fundraising expenses (Part IX, column (D), line 25) 17 Other expenses (Part IX, column (A), lines 11a-11d, llf-24e) . 8,932,286 10,103,689 18 Total expenses Add lines 13-17 (must equal Part IX, column (A), line 25) 16,857,097 18,872,250 19 Revenue less expenses Subtract line 18 from line 12 4,411,290 3,962,067 T Beginning of Current Year End of Year 'M 20 Total assets (Part X, line 16) . 32,005,861 35,889,453 g 21 Total liabilities (Part X, line 26) . 1,122,056 1,043,581 Z1 22 Net assets or fund balances Subtract line 21 from line 20 Si g nature Block Under penalties of perjury, I declare that I have examined this return, inclu knowl edge and belief, it is true, correct, and complete Declaration of prepa any knowledge Signature of officer Sign Here ' DAN MCBRIDE SECRETARY/TREASURER Type or print name and title Print/Type preparer's name Preparer's signature RUBY M WHITE RUBY M WHITE Paid Preparer Firm's name ► FLETCHER & ASSOCIATES PC Use Only Firm's address ► PO BOX 677 THOMASVILLE, GA 317990677 May the IRS discuss this return with the preparer shown above? (see Instrui For Paperwork Reduction Act Notice, see the separate instructio Form 990 (2017) Page 2 Statement of Program Service Accomplishments Check if Schedule 0 contains a response or note to any line in this Part III . 1 Briefly describe the organization's mission THE ORGANIZATION'S DEFINED MISSION STATEMENT IS TO EXTEND THE REACH OF CHRISTIAN COMMUNITY, BY AFFIRMING THAT WHICH IS POSITIVE IN OUR CULTURE, AND PENETRATING OUR WORLD AS SALT AND LIGHT WITH THE LIFE-TRANSFORMING GOSPEL OF JESUS CHRIST THE ORGANIZATION'S PURPOSE IS TO PROMOTE AND FOSTER FORMAL EDUCATIONAL AND CHRISTIAN BROADCAST EDUCATION AND TRAINING TO ACCREDITED INSTITUTIONS AND OTHERS THROUGH THE ACQUISITION, ESTABLISHMENT, OPERATION AND MANAGEMENT OF RADIO STATIONS THE NETWORK'S FACILITIES SHALL ALL BE OPERATED FOR THE ADVANCEMENT OF THE GOSPEL OF JESUS CHRIST Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? . q Yes Z No If "Yes," describe these new services on Schedule 0 Did the organization cease conducting, or make significant changes in how it conducts, any program services? . q Yes 9 No If "Yes," describe these changes on Schedule 0 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported 4a (Code ) (Expenses $ 6,443,762 including grants of $ 38,516 ) (Revenue $ 2,988,490 See Additional Data 4b (Code ) (Expenses $ 4,291,201 including grants of $ 18,318 ) (Revenue $ 1,352,767 See Additional Data 4c (Code ) ( Expenses $ 1,773,495 including grants of $ 12,810 ) ( Revenue $ 701,086 See Additional Data (Code ) (Expenses $ 4,122,155 including grants of $ 19,812 ) (Revenue $ 1,538,901 ) (EXPENSES 1,126,468, INCLUDING GRANTS OF 5,567) (REVENUE 319,797) OPERATION & MANAGEMENT OF RADIO STATIONS IN GEORGIA (WAFJ, WZAE, & WBIJ) WHICH ARE OPERATED FOR RELIGIOUS PURPOSES (EXPENSES 1,436,020, INCLUDING GRANTS OF 6,966) (REVENUE 659,170) OPERATION & MANAGEMENT OF RADIO STATIONS IN MISSOURI (KWND & KWFC) WHICH ARE OPERATED FOR RELIGIOUS PURPOSES (EXPENSES 816,722, INCLUDING GRANTS OF 4,750) (REVENUE 289,104) OPERATION & MANAGEMENT OF RADIO STATIONS IN NORTH CAROLINA (WRTP & WCCE) WHICH ARE OPERATED FOR RELIGIOUS PURPOSES (EXPENSES 742,945, INCLUDING GRANTS OF 2,529) (REVENUE 270,830) OPERATION & MANAGEMENT OF A RADIO STATION IN ALABAMA (WIZB) WHICH IS OPERATED FOR RELIGIOUS PURPOSES 4d Other program services (Describe in Schedule 0 ) (Expenses $ 4,122,155 including grants of $ 19,812 ) (Revenue $ 1,538,901 4e Total program service expenses 11o, 16,630,613 Form 990 (2017) Form 990 (2017) Page 3 FTTITTM Checklist of Req uired Schedules Yes No 1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Yes Schedule A . 1 2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? 2 No 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates No for public office? If "Yes," complete Schedule C, Part I . 3 4 Section 501(c )( 3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes, " complete Schedule C, Part II . 4 No 5 Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes, " complete Schedule C, Part III . 5 No 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? No If "Yes, " complete Schedule D, Part I ti) . 6 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, No the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II °^ . 7 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? No If "Yes, " complete Schedule D, Part III . 8 9 Did the organization report an amount in Part X, line 21 for escrow or custodial account liability, serve as a custodian for amounts not listed in Part X, or provide credit counseling, debt management, credit repair, or debt negotiation No services7If "Yes," complete Schedule D, Part IV °^ .
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