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Victory Television Network Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472658744 ✦ Little rock, AR ✦ Designated as a 501(c)(3)

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Overview

What is Victory Television Network Inc?

Victory Television Network Inc, based in Little Rock, Arkansas, is a nonprofit organization with a mission to connect people with the message of Jesus Christ. They operate across denominational barriers, utilizing television, the internet, and distributed teachings in the form of CDs, DVDs, and literature. Covering Arkansas, southeast Missouri, and western Tennessee, the network includes stations such as KVTN-DT in Little Rock/Pinebluff, KVTH-DT in Hot Springs, and KVTJ-DT in Jonesboro. Founded by Pastors Happy and Jeanne Caldwell, the network's objective is to spread the life-changing message of Jesus Christ throughout their coverage area. With a workforce of 21 individuals, Victory Television Network Inc aims to inspire and educate their audience through mass communication.


Official website here: www.vtntv.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Star rating)

Victory Television Network Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization achieved an impressive score of 87%, indicating that it effectively manages its resources and maintains a high level of financial transparency, which is crucial for donor confidence.

One of the notable strengths of the organization is its independent governance, with 71% of board members being independent. This independence, along with a well-documented approach to board meeting minutes and the timely distribution of tax forms, underscores a commitment to accountability. Additionally, the organization boasts a very favorable liabilities to assets ratio and a high program expense ratio, which suggests that the majority of its funding is directed towards its mission-driven programs.

While the organization has demonstrated strong financial practices, it maintains a focus on sustainability with a working capital ratio of 3.40 years, indicating good financial health. There are no significant limitations reported, making Victory Television Network Inc a trustworthy option for potential donors seeking to support a financially responsible nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Victory Television Network Inc legitimate?

Victory Television Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victory Television Network Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,082,982

For more financial information, click here


Official website here: www.vtntv.com

What is the mission statement of Victory Television Network Inc?

The Victory Television Network (VTN) is a network of commercial TV stations, primarily operating in Arkansas, with stations in Little Rock/Pinebluff, Hot Springs, and Jonesboro. Established by pastors Happy and Jeanne Caldwell, VTN's bold mission is to extend its reach beyond Arkansas, encompassing surrounding areas in Missouri, Tennessee, and Mississippi. The network's primary objective is to disseminate a life-transforming message—the teachings of Jesus Christ—to these regions.


Official website here: www.vtntv.com

Who is the CEO of Victory Television Network Inc?

Happy Caldwell is the President of Victory Television Network Inc.


Official website here: www.vtntv.com

What is the revenue of Victory Television Network Inc?

Victory Television Network Inc's revenue in 2022 was $2,289,666.


Official website here: www.vtntv.com

Who are the executives of Victory Television Network Inc and what are their salaries?

The average compensation at Victory Television Network Inc during 2022 was $51,571. There are 21 employees at Victory Television Network Inc.


Here are 7 key members and their salaries:


Dr Happy Lcaldwell (President)
  • Compensation: $84,139
  • Related: $0
  • Other: $0
Rev Jeanne Caldwell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary S Kelemen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev James R Grant (Gen Manager)
  • Compensation: $98,422
  • Related: $0
  • Other: $0
Rev Ronnie Caldwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Rex Horne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Turver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vtntv.com

Where can I find the form 990 for Victory Television Network Inc?

Victory Television Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vtntv.com

Learn more at the official website: www.vtntv.com

Mission Statement of Victory Television Network Inc

Victory Television Network Inc, founded by Pastors Happy and Jeanne Caldwell, is a network of full-powered commercial TV stations with a bold mission. Located in Arkansas, the network also covers surrounding areas in Missouri, Tennessee, and Mississippi. The organization's primary objective is to spread the life-changing message of Jesus Christ throughout these regions. Through its stations, KVTN-DT in Little Rock/Pinebluff, KVTH-DT in Hot Springs, and KVTJ-DT in Jonesboro, Victory Television Network Inc seeks to make a significant impact in people's lives by sharing the teachings of Jesus Christ.

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Impact




July, 2024

The impact of Victory Television Network Inc, as the only Christian television network headquartered in Arkansas, is significant in spreading the message of Jesus Christ across denominational barriers. Through its network of full-powered commercial TV stations in Arkansas and surrounding coverage areas in Missouri, Tennessee, and Mississippi, Victory Television Network reaches a wide audience with the life-changing message of faith. By utilizing mass communication tools such as television, the internet, and distribution of teaching materials, the organization plays a crucial role in connecting individuals with the good news of Jesus Christ. Victory Television Network's mission to reach and impact the entire state of Arkansas, as well as parts of Missouri and Tennessee, highlights its substantial influence in the region's religious landscape.




This information is meant to be a general summary of Victory Television Network Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,289,666 (2022)
Expenses
$3,031,707 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,343,924
  • Gross Receipts: $2,289,666

Assets and Liabilities:

  • Total Assets: $10,859,854
  • Total Liabilities: $410,466
  • Net Assets: $10,449,388

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM REVENUE

Revenue

$1,343,924

Organization Details

Founding Year

2014

Principal Officer

Happy Caldwell

Main Address

PO BOX 26207, LITTLE ROCK, AR, 72221

NTEE Category

Code: X82 - Religion related

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