ray comfort, living waters, ambassadors academy
I swear the Bible has something to say about lying, but maybe I'm wrong, because Ray Comfort is lying again.
I swear the Bible has something to say about lying, but maybe I'm wrong, because Ray Comfort is lying again.
During the summer months, we have monthly training for people from around the world in something called the "Ambassador’s Academy." If you love the Lord and care about the lost (the unsaved), you may like to attend one of these. If you don’t love the Lord, get right with God, and then come to an Academy--we would love to meet you. It really is life-changing.
Note: Before you (atheists) accuse us of making money from these, please realize that we lose $300 for every person who attends. So why do we do it? We care about where you will spend eternity. No other reason.
If you've never heard the expression before, a "loss leader" is something a store sells for less than they paid for it in order to get you into the store, presuming that you will spend money on other items at the store, and they'll end up ahead. Stores do this because it works. They take a loss on one item because they gain on others.
The Ambassador's Academy is Ray's loss leader. How do I know this? Because he's not running in the red. From the Raytractors:
For 2006 Living Waters Publications sold 4.5 million dollars worth of merchandise that only cost the organization 1.9 million (a 137% markup). Living waters also took in $736,472 in donations. This gave the org a net revenue of 3.3 million to be added to the 1.4 million it had in the bank at the beginning of the year.
The expenditures for 2006 list fund raising receiving 1.2%, program services receiving 24.5%, and managerial and general receiving 74.1% of the 3 million spent. IMHO, if you are running a nonprofit and only 24% of your expenditures are going to the programs and services the org was created to address, and 74% are going to Managerial and General expenses, you're doin' it wrong.
. . .
Ray's compensation from living waters has increased as the org's monies have increased. In 2004, when the org had only $300 on the books, Ray took no money. This inclines me to believe that Ray also has other methods of income that are not affiliated with Living Waters. Book sales and speaking engagements perhaps? Can't say for sure, but I can speculate.In 2005, when LW took in 2.4 million, Ray's compensation jumped up to $50,000.
In 2006 Ray was compensated with $119,784.
. . .
Ray's DomicileRay lives in Bellflower, CA, a suburb of LA. By visiting LA's county assessor website I found out that Ray's house has been valued at a quarter of a million dollars. Additionally, I visited the LA Times real estate section and looked at some of the going rates for houses in his neighborhood. Even if he doesn't own the best house in town, he certainly lives in a nice neighborhood.
Yeah, Ray, it's all for the souls.
That is the from the Living Waters' 2007 tax return. As you can clearly see, Ray made $120,000 in 2007, amost 6 times what I make.
