Christian Broadcasting Network Inc
81% goes to programs $16 to raise $100 Strong reserves
Christian Broadcasting Network Inc is a 501(c)(3) organization based in Virginia Bch, Virginia, registered in 1961, with $282,362,500 in FY2024 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
977 Centerville Tpke, Virginia Bch, VA, 23463 EIN 54-0678752 Since 1961
Revenue (FY2024)
$282.4M
▼ 5.9% vs prior year
Religion median: $139K
Expenses (FY2024)
$267.5M
Net assets
$234.8M
Employees
1,141
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating81% to programs · $16 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Christian Broadcasting Network Inc: 81% to programs · $16 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Christian Broadcasting Network Inc: 11 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Christian Broadcasting Network Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Christian Broadcasting Network Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Cbn's mission is preaching the gospel of jesus christ into all the world.
What they do
Domestic production and airing of christian television programming, internet and radio: the 700 club, a live television program that airs weekdays from cbn broadcast facilities, is the primary program used by cbn to preach the gospel of jesus christ. cbn is also an innovator in its use of cbn.com to preach the gospel of jesus via the internet. cbn combines both forms of media, television and internet, in the cutting-edge program 700 club interactive. cbn launched the cbn news channel, the first 24-hour christian television news channel, on october 1, 2018. see schedule o for more details. 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 gordon robertson and terry meeuwsen, 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 700 club is carried on 90 u.s. broadcast television stations, freeform cable network, and most major christian television networks. the 700 club and has an average weekly viewing audience of approximately 2,000,000. 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) coverage of the 2024 presidential election, 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 following the october 7, 2023 attacks, the rise of anti-semitism both in the united states and overseas and the promotion of israel's contribution to the world. 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 ashley key. the content combines bible teaching, testimonies, and prayer. viewers may call in via telephone, skype, or internet texting to request prayer for tough situations they are dealing with in their lives, from health-related issues and marriage, to coping with the loss of a loved one. the program airs nationally on the freeform cable network in addition to streaming on cbn's web platforms. cbn recently updated its popular cbn family app. cbn family is a free christian streaming app featuring on-demand videos and live channels and radio stations. it includes access to the entire cbn premium library - including historical documentaries, special teachings, exclusive features and access to superbook and other children's programming. it includes three live video streaming channels: cbn news, cbn live and cbn espanol with no sign in or cable provider needed, and one can stream unique christian music stations for free including praise, contemporary, top hits and christmas. watch episodes of shows like 700 club, 700 club interactive, cbn newswatch, chr
Contact & location
- Address
- 977 Centerville Tpke, Virginia Bch, VA, 23463
- City
- Virginia Bch
- State
- Virginia
- Category
- Religion-Related
- Subcategory
- Religious Media
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $301.8M (FY2013) to $282.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $32.8MNet assets $234.8M
Operating margin
5.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$267.6M
Total liabilities
$32.8M
Net assets
$234.8M
Salaries & benefits
$77.9M
29% of expenses
Board members
8
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $282,362,500▼5.9% | $267,499,245▼5.6% | $234,751,573▲7.5% | $267,564,443▲6.0% | 990 |
| 2023 | $300,085,868▲1.8% | $283,411,429▼4.0% | $218,345,073▲9.0% | $252,463,930▲8.3% | 990 |
| 2022 | $294,657,187▼7.3% | $295,273,972▲4.4% | $200,370,105▼0.5% | $233,013,283▲3.2% | 990 |
| 2021 | $317,928,035▲1.6% | $282,713,119▲4.9% | $201,368,396▲20.3% | $225,808,275▲18.7% | 990 |
| 2020 | $313,058,061▲8.0% | $269,571,938▼10.7% | $167,384,637▲39.0% | $190,224,209▲29.2% | 990 |
| 2019 | $289,748,358▼8.1% | $301,902,983▼5.7% | $120,421,988▼11.8% | $147,252,867▼10.2% | 990 |
| 2018 | $315,207,795▼2.9% | $320,134,858▲0.1% | $136,518,498▼5.4% | $163,973,274▼3.8% | 990 |
| 2017 | $324,674,393▲5.4% | $319,708,060▲4.4% | $144,317,996▲1.1% | $170,469,505▲1.1% | 990 |
| 2016 | $308,099,729▲0.2% | $306,124,580▼2.7% | $142,691,721▲1.0% | $168,673,965▼1.2% | 990 |
| 2015 | $307,629,579▲4.7% | $314,780,034▲4.0% | $141,248,268▼4.4% | $170,664,725▼1.0% | 990 |
| 2014 | $293,799,962▼2.6% | $302,663,592▲2.2% | $147,819,065▼9.7% | $172,358,342▼9.3% | 990 |
| 2013 | $301,753,422 | $296,221,847▲6.4% | $163,719,025▼0.2% | $190,107,500▼1.4% | 990 |
| 2012 | — | $278,492,621▼1.9% | $163,999,813▲4.5% | $192,801,010▲1.0% | 990 |
| 2011 | — | $283,961,607▲3.3% | $156,901,873▲1.9% | $190,937,096▲3.2% | 990 |
| 2009 | — | $274,919,568 | $153,955,890 | $185,101,003 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Gordon P Robertson — $582,155 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Gordon P Robertson | Chairman / Ceo / President | 34 | $582,155 |
| Terry Meeuwsen | Co-host | 47 | $356,359 |
| James R Barr Jr | Vice President / Cfo | 50 | $299,367 |
| Marvin B Edwards | Vice President | 35 | $286,036 |
| Michael Stonecypher | Vice President | 50 | $274,377 |
| Robert L Allman | Vice President | 55 | $272,661 |
| David K Griffith | Vice President | 55 | $272,625 |
| Randy J Morell | Vp / Secretary | 49 | $229,975 |
| Andrew W Knox | Vice President | 45 | $223,736 |
| Caroline Everett | Vice President | 50 | $216,396 |
| David Brody | Chief Political Correspondent | 50 | $190,940 |
| Dan Andros | Managing Editor Cbn News Digital | 50 | $188,778 |
| Jon Woltmann | Associate General Counsel | 45 | $187,786 |
| Bryant Richardson | Executive Director, Cbn Animation | 60 | $187,230 |
| Mihai Bocarnea | Vice President | 50 | $160,351 |
| William L Mcconkey | Director | 2 | $9,000 |
| Benny Yount | Director | 2 | — |
| Chris A Mitchell Sr | Vice President | 25 | — |
| David A Pentecost | Director | 2 | — |
| Jennifer L Whitelaw | Director | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Cequal Data Centers LP | Data Services | $447,739 |
| Kpmg LLP | Accounting | $331,607 |
| Apex Systems LLC | Consulting | $293,995 |
| Guidepoint Security LLC | Cybersecurity | $231,603 |
| Further Worldwide Group LLC | Data Services | $134,500 |
Grants received · $20.1M total
164 grants to Christian Broadcasting Network Inc totaling $20.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Spiritual development | 2024 | $846,844 |
| International Generosity Foundation Trust | Promotion of christian faith | 2024 | $340,000 |
| American Endowment Foundation | Religion | 2024 | $226,700 |
| International Generosity Foundation Trust | Promotion of christian faith | 2024 | $200,000 |
| Greater Horizons | Religion-related | 2024 | $151,200 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $105,900 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $100,000 |
| Ayco Charitable Foundation | Religious | 2024 | $52,500 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $15,046 |
| Community Foundation of North Texas | For program operation blessing | 2024 | $15,000 |
| Signatry Charitable Trust | Religious ministry | 2024 | $13,900 |
| American Online Giving Foundation Inc | General support | 2024 | $13,622 |
| Paypal Charitable Giving Fund | General support | 2024 | $13,099 |
| Servant Foundation | Community development | 2024 | $12,300 |
| Giveclear Foundation | Program support | 2024 | $10,250 |
Grants made · $12.1M in FY2024
24 grants totaling $12.1M in FY2024 — showing the 15 largest. All grants made by Christian Broadcasting Network Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Operation Blessing International Relief & Development Corp | Humanitarian | $10,870,425 |
| Regent University | Christian education | $372,472 |
| National Religious Broadcasters | Christian broadcasting | $250,000 |
| Howtolife Movement | Youth evangelism | $82,000 |
| United Way of South Hampton Roads | Humanitarian | $75,000 |
| Christian International Network of Churches Inc | Christian outreach | $70,000 |
| Hampton Roads Community Action Program Inc | Humanitarian | $50,000 |
| Lifeline International Christian Fellowship | Christian outreach | $50,000 |
| National Hispanic Christian Leadership Conference | Serve the hispanic evangelical community | $50,000 |
| Loom International | Child development | $33,725 |
| Union Mission | Humanitarian | $25,375 |
| Virginia Symphony Orchestra | Sponsorship of handel's messiah | $25,000 |
| Tidewater Jewish Foundation Inc | Support of local jewish community | $25,000 |
| Christ For the Nations | Christian outreach | $20,000 |
| New City Fellowship | Child development | $19,000 |
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Frequently asked questions
- Is Christian Broadcasting Network Inc a legitimate nonprofit?
- Yes. Christian Broadcasting Network Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-0678752, based in Virginia Bch, Virginia. Donations are tax-deductible.
- What is Christian Broadcasting Network Inc's EIN?
- Christian Broadcasting Network Inc's Employer Identification Number (EIN) is 54-0678752.
- How much revenue does Christian Broadcasting Network Inc report?
- Christian Broadcasting Network Inc reported $282,362,500 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Christian Broadcasting Network Inc's spending goes to programs?
- Christian Broadcasting Network Inc spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Christian Broadcasting Network Inc have?
- CharityIndex grades Christian Broadcasting Network Inc A, based on program efficiency and fundraising cost.
- How much does Christian Broadcasting Network Inc's highest-paid employee make?
- The highest reported compensation on Christian Broadcasting Network Inc's latest Form 990 is $582,155, paid to Gordon P Robertson (Chairman / Ceo / President).
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Data for Christian Broadcasting Network Inc (EIN 54-0678752) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.