Christian Research Institute Inc
- Assets
- $3.4m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 15
- Location
- Charlotte, NC
- Founding
- 07/1964
- Data as of
- 06/2021
- EIN
- 22-6063412
Organization Overview
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 06/2021, Christian Research Institute Inc employed 15 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 06/2021, Christian Research Institute Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $2.4m during the year ending 06/2021. 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
2021
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, VIA POD-CAST AND XM AND SIRIUS SATELLITE RADIO. THE PROGRAM FORMAT IS LIVE, THIRTY (30) MINUTE, CALL-IN QUESTION AND ANSWER FORMAT. HANK ALSO USES TWITTER AND OTHER FORMS OF SOCIAL MEDIA.
PRODUCTION OF BOOKS, JOURNALS & MATERIALS THAT TEACH AND EQUIP.
THE CHRISTIAN RESEARCH JOURNAL MAGAZINE: THIS AWARD-WINNING PUBLICATION IS ISSUED FOUR (4) TIMES ANNUALLY. IT HELPS TO FULFILL THE MISSION STATEMENT OF THE INSTITUTE AS NOTED IN ITS MASTHEAD BY PROBING TODAY'S RELIGIOUS MOVEMENTS - PROMOTING DOCTRINAL DISCERNMENT & CRITICAL THINKING - PROVIDING REASONS FOR CHRISTIAN FAITH & ETHICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Hanegraaff Dir. Of Planning | 70 | $162,449 | |
Hendrik Hanegraaff President/ceo | OfficerTrustee | 70 | $161,976 |
Paul Young Evp/coo/cfo/sec | OfficerTrustee | 70 | $83,672 |
Bob Eaton Director | Trustee | 2 | $0 |
David Serio Director | Trustee | 2 | $0 |
Stefan Butikofer Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,577,341 |
| Investment income | $2,428 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$62,917 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,551,124 |
| Statement of Expenses | |
|---|---|
| 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. | $706,817 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $308,704 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $216,636 |
| Payroll taxes | $39,693 |
| 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 | $178,464 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $27,909 |
| Royalties | $0 |
| Occupancy | $16,579 |
| Travel | $50,542 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $28,580 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,885 |
| Insurance | $131,698 |
| All other expenses | $0 |
| Total functional expenses | $2,393,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,450 |
| Savings and temporary cash investments | $1,067,527 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,905 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $52,491 |
| Prepaid expenses and deferred charges | $8,301 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $885,000 |
| Total assets | $3,392,199 |
| Accounts payable and accrued expenses | $477,559 |
| Grants payable | $0 |
| Deferred revenue | $25,814 |
| 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 | $328,904 |
| Total liabilities | $832,277 |
| 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 |
| Total liabilities and net assets/fund balances | $2,559,922 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Christian Research Institute Inc has recieved totaling $192,594.
| Awarding Organization | Amount |
|---|---|
Heaven On Earth Foundation Lowell, AR PURPOSE: UNRESTRICTED | $150,000 |
Servant Foundation Overland Park, KS PURPOSE: RELIGIOUS MINISTRY | $27,850 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $7,550 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $5,470 |
Fellowship Trust Bellevue, NE PURPOSE: GENERAL FUND | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $724 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bible Broadcasting Network Incorporated Charlotte, NC | $94,578,344 | $19,453,419 |
Family Stations Inc Franklin, TN | $96,805,715 | $8,074,278 |
Christian Research Institute Inc Charlotte, NC | $3,392,199 | $4,551,124 |
Delmarva Education Association Winston Salem, NC | $5,513,140 | $1,268,919 |
Power Foundation Inc Piedmont, SC | $2,390,195 | $1,926,173 |
Augusta Radio Fellowship Institute Inc Grovetown, GA | $10,451,546 | $1,051,845 |
Proclaim My Work Inc Dahlonega, GA | $2,497,591 | $306,292 |
Christian Productions International Hendersonville, TN | $123,959 | $301,163 |
C2a This Week Inc Raleigh, NC | $22,797 | $251,871 |
Gospel Broadcasting Inc Dobson, NC | $174,195 | $237,312 |
Mediatrix Sc Inc Greer, SC | $492,612 | $166,875 |
Word Christian Broadcasting Inc Douglasville, GA | $576,412 | $192,110 |