VTN

Legal name: Victory Television Network Inc

Nonprofit profile at a glance

EIN
472658744
IRS 990 coverage
2016–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025, Form 990-N 2015
Location
Little Rock, AR, United States
Phone
888-341-3625 (Little Rock); 501-321-2644 (Hot Springs); 870-535-5886 (Pine Bluff
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Religious Television
Affiliation
Christianity

Official website

Reported finances

Revenue
$2,142,006
Expenses
$3,162,104
Assets
$7,569,267
Liabilities
$322,713

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • DR H LCALDWELL (PRESIDENT)
  • REV JEANNE CALDWELL (VICE PRESIDENT)

Highest reported compensation

  • REV JAMES R GRANT (DIRECTOR): $98,757 total reported compensation
  • DR H LCALDWELL (PRESIDENT): $84,139 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

VTN was founded in 1988 by Pastors Happy Caldwell and Jeanne Caldwell to reach the state of Arkansas with the life-changing message of Jesus Christ. For over 35 years, our mission has been simple: to share the Good News of Jesus Christ with as many people as possible, using every platform available. How to Apply: As a religious broadcaster, VTN seeks applicants of the Christian faith. Please include a note about your personal faith when applying. Resumes submitted without both a completed VTN Application and a statement of faith cannot be given full consideration. In addition to the information you provide when you use this website, VTN uses technology to collect anonymous information about the use of the website. For example, we use technology to track how many visitors access the website, the date and time of their visit, the length of their stay, and which pages they view. VTN...

What it reported doing in 2025

As the only christian television network headquartered in Arkansas, the organization's objective is to reach across all denominational barriers to connect its audience with the good news of jesus christ through the use of mass communication through television, the internet, and distribution of teaching materials in the form of cds, dvds, and other literature. The organization's coverage is the majority of the state of Arkansas, southeast Missouri, and western Tennessee.

Operating model

Revenue model
Earned-program. 66% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 92
  • Accountability: 57
  • Sustainability: 33
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 85.3%; rating input score 85
  • Fundraising efficiency: $10.63 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 71.4%; rating input score 71; 14th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -47.6%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 2.39; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 63; 63rd percentile among comparable filings
  • Officer compensation ratio: 5.8%; rating input score 52; 52nd percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 15th percentile among comparable filings
  • Revenue growth: -4.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -3.7% per year; rating input score 0; 4th percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 85.3% of spending went to programs
  • Governance: 5 of 7 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.7M in reported program spending
  • Leadership: top reported pay $99K · 7 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 10 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 38/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 52/100.