Religion : Religious Media and Broadcasting

The Praise Network

Glorifying God and Turning Hearts Toward Christ

two stars

75.64

128 South Fourth Street O'Neill, NE 68763
tel: (402) 336-1230   Web Site
EIN: 47-0716006

Board Leadership
Alex McKenzie
President

CEO
Gene Henes
President

  Score
(out of 100)
Rating
Overall Score & Rating 75.64 two stars
  Financial 90.13 four stars
  Accountability & Transparency 67.00 one star
This rating was published 03/01/2020 and includes data from FY2019, the most recent 990 received at that time.

The Praise Network was founded in 1988. Our mission statement states, “Every endeavor will be toward glorifying God and turning hearts toward Christ through programs of instruction, information and inspiration.” Our goal is to bring Christian Radio to rural communities, assisting churches in impacting their local areas with the message of Christ. The Praise Network currently holds 20 FCC licenses – 8 FM stations and 1 AM station along with 11 translators.

The Praise Network was founded in 1988. Our mission statement states, “Every endeavor will be toward glorifying God and turning hearts toward Christ through programs of instruction, information and inspiration.” Our goal is to bring Christian Radio to rural communities, assisting churches in impacting their local areas with the message of Christ. The Praise Network currently holds 20 FCC licenses – 8 FM stations and 1 AM station along with 11 translators.

Impact Information

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Financial

four stars

90.13

Accountability & Transparency

one star

67.00

This rating was published 03/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.2%
  Administrative Expenses 16.9%
  Fundraising Expenses 1.7%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 0.61
  Program Expenses Growth 2.2%
  Liabilities to Assets 7.2%
All data for Financial Performance Metrics calculations was provided by The Praise Network on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Praise Network on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $676,212
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $676,212
   Program Service Revenue $469,002
Total Primary Revenue $1,145,214
   Other Revenue $19,591
TOTAL REVENUE $1,164,805
   
EXPENSES  
   Program Expenses $974,825
   Administrative Expenses $162,812
   Fundraising Expenses $20,516
TOTAL FUNCTIONAL EXPENSES $1,158,153
   
Payments to Affiliates $0
Excess (or Deficit) for the year $6,652
   
Net Assets $701,374

Charts

Compensation % of Expenses Paid to Title
$77,300 6.67% Gene Henes President

Mission

The Praise Network was founded in 1988. Our mission statement states, “Every endeavor will be toward glorifying God and turning hearts toward Christ through programs of instruction, information and inspiration.” Our goal is to bring Christian Radio to rural communities, assisting churches in impacting their local areas with the message of Christ. The Praise Network currently holds 20 FCC licenses – 8 FM stations and 1 AM station along with 11 translators.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Praise Network (NE) 75.64 two stars
Lamb & Lion Ministries (TX) 95.54 four stars
KSBJ Educational Foundation (TX) 93.94 four stars
Our Daily Bread Ministries (MI) 89.76 three stars
Leading The Way with Dr. Michael Youssef (GA) 95.75 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

The Praise Network
128 South Fourth Street
O'Neill, NE 68763
tel: (402) 336-1230
EIN: 47-0716006

Visit Web Site

Board Leadership

Alex McKenzie
President

CEO

Gene Henes
President