Hal Lindsey Website Ministries
- Assets
- $26.3m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 11
- Location
- Bandera, TX
- Founding
- 02/2001
- Data as of
- 12/2020
- EIN
- 95-4791652
Organization Overview
Hal Lindsey Website Ministries is located in Bandera, TX. The organization was established in 2001. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2020, Hal Lindsey Website Ministries employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hal Lindsey Website Ministries 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 12/2020, Hal Lindsey Website Ministries generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TEACHING AND SPREADING THE GOSPEL OF JESUS CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MINISTRY DISSEMINATES THE GOSPEL OF JESUS CHRIST AND THE TRUTH OF THE BIBLE TO THE WORLD THROUGH A TELEVISION PROGRAM AND A WEB SITE DEVELOPED FOR THAT PURPOSE. INTERNET USERS ARE ABLE TO OBTAIN INFORMATION ABOUT CURRENT WORLD EVENTS AS THEY RELATE TO THE BIBLE AND BIBLICAL PROPHECY. THE MINISTRY HAS ALSO DEVELOPED AUDIO AND VIDEO PROGRAMS FOR PRESENTATION AT CHURCHES AND OTHER FELLOWSHIP GROUPS. THE MINISTRY HAS EXPANDED THE DISSEMINATION OF THE GOSPEL BY INCREASING THE NUMBER OF STATIONS AND THE GEOGRAPHIC AREAS REACHED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hal Lindsey Chairman | OfficerTrustee | 40 | $750,000 |
Jo Lynn Lindsey President | OfficerTrustee | 40 | $350,000 |
Ow Mc Curdy Director | Trustee | 0 | $0 |
Ralph DE Vore Director | Trustee | 0 | $0 |
Scott Workman Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Micahtek Inc Call Center | 12/30/20 | $0 |
Daystar Tv Network Broadcasting Fee | 12/30/20 | $0 |
Blue Cross Blue Shield Insurance | 12/30/20 | $0 |
Matson Multimedia Media Services | 12/30/20 | $0 |
Trinity Broadcasting Network Broadcasting | 12/30/20 | $0 |
Financial Statements
| 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 | $2,810,445 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,810,445 |
| Total Program Service Revenue | $0 |
| Investment income | $46,778 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,830 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,860,053 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| 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. | $1,220,000 |
| Compensation of current officers, directors, key employees. | $350,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $556,440 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,988 |
| Payroll taxes | $75,871 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,877 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $60,532 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,762 |
| Travel | $19 |
| 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 | $148,236 |
| Insurance | $149,791 |
| All other expenses | $151,979 |
| Total functional expenses | $3,227,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,608,000 |
| Savings and temporary cash investments | $8,157,504 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,644,492 |
| Investments—publicly traded securities | $141,752 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,712,621 |
| Total assets | $26,264,369 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $170 |
| Total liabilities | $170 |
| Net assets without donor restrictions | $0 |
| 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 | $26,264,199 |
| Total liabilities and net assets/fund balances | $26,264,369 |
Grants Awarded
Over the last fiscal year, Hal Lindsey Website Ministries has awarded $105,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Kerrville, TX PURPOSE: Spread the word of Christ | $60,000 |
New Orleans, LA PURPOSE: Spread the word of Christ | $25,000 |
San Antonio, TX PURPOSE: Spread the word of Christ | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hal Lindsey Website Ministries has recieved totaling $10,376.
| Awarding Organization | Amount |
|---|---|
John Bolten Charitable Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $376 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family Legacy Missions International Dallas, TX | $14,330,799 | $19,529,503 |
East-West Ministries International Plano, TX | $8,184,642 | $19,204,558 |
Marketplace Ministries Inc Plano, TX | $5,987,779 | $19,506,765 |
Pioneer Bible Translators Dallas, TX | $22,558,672 | $19,174,102 |
Society Of St Vincent De Paul Archdiocese Of Galveston-Houston Houston, TX | $7,339,150 | $16,634,792 |
E3 Partners Ministry Plano, TX | $6,012,362 | $14,710,236 |
San Antonio Metropolitan Ministry Inc San Antonio, TX | $12,579,627 | $13,414,405 |
Sower Of Seeds International Ministries Inc Keller, TX | $3,316,148 | $10,449,598 |
Restore Hope Ministries Inc Tulsa, OK | $8,417,745 | $10,753,534 |
Les Feldick Ministries Kinta, OK | $8,711,680 | $12,215,004 |
Union Gospel Mission Of Tarrant County Fort Worth, TX | $65,887,376 | $29,455,408 |
Minnie Slaughter Veal Memorial Fund Dallas, TX | $15,276,892 | $11,585,960 |