Article sounds as if all is not on the up and up at Trinity.......give them your money and they'll spend it as they want (on anything they want).
http://www.wrcbtv.com/story/17232021/lawsuits-bring-scrutiny-to-trinity-broadcasting
"Ministry watchdogs have long questioned how TBN - which declared more than $800 million in net assets in 2010 - spends that wealth."
Wikipedia: TBN operates 5 networks and owns 28 stations (more than CBS, FOX, NBC - but less than ION and Univision). According to TV News Check TBN currently is the third largest over-the-air television station group in the country.
"TBN raked in $92 million in donations in 2010 and cleared $175 million in tax-free revenue, but its net income plummeted from nearly $60 million in 2006 to a loss of $18 million in 2010, the most recent year available. Donations fell by nearly $30 million in the same period - a hit the network blames on the bad economy."
http://www.wrcbtv.com/story/17232021/lawsuits-bring-scrutiny-to-trinity-broadcasting
"Ministry watchdogs have long questioned how TBN - which declared more than $800 million in net assets in 2010 - spends that wealth."
Wikipedia: TBN operates 5 networks and owns 28 stations (more than CBS, FOX, NBC - but less than ION and Univision). According to TV News Check TBN currently is the third largest over-the-air television station group in the country.
"TBN raked in $92 million in donations in 2010 and cleared $175 million in tax-free revenue, but its net income plummeted from nearly $60 million in 2006 to a loss of $18 million in 2010, the most recent year available. Donations fell by nearly $30 million in the same period - a hit the network blames on the bad economy."