Christian Research Institute Inc is located in Charlotte, NC. The organization was established in 1964. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, under the broad grouping of Religion-Related and related organizations. As of 06/2024, Christian Research Institute Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Research Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Christian Research Institute Inc generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $2.5m during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION STATEMENT OF THE CHRISTIAN RESEARCH INSTITUTE IS TO PROVIDE CHRISTIANS WORLDWIDE WITH CAREFULLY RESEARCHED INFORMATION AND WELL-REASONED ANSWERS THAT ENCOURAGE THEM IN THEIR FAITH AND EQUIP THEM TO INTELLIGENTLY REPRESENT IT TO PEOPLE INFLUENCED BY IDEAS AND TEACHINGS THAT ASSAULT OR UNDERMINE ORTHODOX, BIBLICAL CHRISTIANITY. IN ORDER TO FULFILL THIS MISSION STATEMENT, CRI ENGAGES IN RIGOROUS, ORIGINAL RESEARCH TO SUPPORT THE LOCAL CHURCH AND ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIBLE ANSWER MAN BROADCAST - AIRS DAILY MONDAY THROUGH FRIDAY THROUGHOUT THE UNITED STATES AND CANADA AND IS HOSTED BY HANK HANEGRAAFF. THE PROGRAM IS ALSO AVAILABLE ON THE WORLDWIDE WEB AND VIA POD-CAST. THE PROGRAM FORMAT IS PRE-RECORDED, THIRTY (30) MINUTE, CALL-IN QUESTION AND ANSWER FORMAT. HANK ALSO USES X AND OTHER FORMS OF SOCIAL MEDIA.
PRODUCTION OF BOOKS, JOURNALS & MATERIALS THAT TEACH AND EQUIP.
THE CHRISTIAN RESEARCH JOURNAL MAGAZINE IS AN AWARD-WINNING PUBLICATION. IT HELPS FULFILL THE MISSION STATEMENT OF THE INSTITUTE AS NOTED IN ITS MASTHEAD BY EQUIPPING YOU TO EXERCISE TRUTH AND EXPERIENCE LIFE - PROMOTING DOCTRINAL DISCERNMENT & CRITICAL THINKING - PROVIDING REASONS FOR CHRISTIAN FAITH & ETHICS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hendrik Hanegraaff President/ceo | OfficerTrustee | 70 | $232,342 |
Kathy Hanegraaff Dir. Of Planning | 70 | $199,549 | |
Paul Young Evp/coo/cfo/sec | OfficerTrustee | 70 | $93,684 |
Bob Eaton Director | Trustee | 2 | $0 |
Stefan Butikofer Director | Trustee | 2 | $0 |
David Serio Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,516,270 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,516,270 |
Total Program Service Revenue | $0 |
Investment income | $72,870 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $24,129 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$53,961 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,584,384 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $800,295 |
Compensation of current officers, directors, key employees. | $88,032 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $462,552 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $273,454 |
Payroll taxes | $42,190 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $198,220 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $31,306 |
Royalties | $0 |
Occupancy | $20,312 |
Travel | $105,049 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $76,563 |
Insurance | $126,688 |
All other expenses | $142,126 |
Total functional expenses | $2,517,719 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $418,557 |
Savings and temporary cash investments | $1,784,410 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,054 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $19,152 |
Prepaid expenses and deferred charges | $25,000 |
Net Land, buildings, and equipment | $1,221,196 |
Investments—publicly traded securities | $551,504 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,020,873 |
Accounts payable and accrued expenses | $599,988 |
Grants payable | $0 |
Deferred revenue | $7,417 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $488,288 |
Total liabilities | $1,095,693 |
Net assets without donor restrictions | $2,925,180 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,020,873 |