finances

Ron Luce Changes Story About Teen Mania’s Missed Mortgage Payment

After months of insisting that Teen Mania NEVER missed a mortgage payment (including in an hour long conference call with alumni shortly after the announcement), Ron Luce has finally admitted that they in fact did miss one payment. Remember, just last month, Ron wrote: Teen Mania has never been in default at any time. But

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Teen Mania Raises Prices Over 50% After Indicating That They Wouldn’t

Dear Incoming Class of August 2014 Interns, You were probably told that when you arrived at Teen Mania in only two months, your total yearly cost would be $8,400 and that would include you living in a furnished dorm and eating all your meals in the cafeteria. And just two weeks ago, Ron Luce himself announced

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World Magazine Follow Up: Teen Mania Turmoil Continues

After Ron Luce accused World Magazine of making false statements in their last article, World Magazine has responded by releasing a scathing report by independent auditors. Of particular note, in the wake of the original article, Board member and former intern, Nathan Moody, resigned his position. The auditors report can be found here and is full of sound advice

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Teen Mania is 6th Most Insolvent Charity in the Nation

Update 5/11/2014 8 COMMENTS Eric | April 22, 2014 at 4:57 pm | ReplyAnd for the bonus round, can anyone find a suitable quote from TM about the importance of good stewardship?This again raises questions about ECFA accreditation– if $4.1m in debt counted (till last month) as “good standing,” then we probably have to conclude that the ECFA badge

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World Magazine Reports on Teen Mania’s Unethical Use of Donations

World Magazine just published an in depth report on some of the circumstances that have led to Teen Mania’s foreclosure. The entire article is fascinating and covers both things mentioned here as well as some new facts. One item that was news to me: for the past two years, Ron Luce has used the Dallas marathon

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Ron Luce’s Former Assistant Says Reckless Spending is Cause for Teen Mania’s Financial Failures

The Great & Powerful Oz: Behind the Curtain of Teen Mania Ministries It was February 2008 and I was standing in an expansive crowd at the New York City BattleCry. I was surrounded by thousands upon thousands of young people lifting up the name of God in worship. It should have been the very pinnacle

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Reaction to Teen Mania International Alumni Conference Call

February 10, 2014 Reaction to Teen Mania International Alumni Conference Call 2/10/2014  Recovering Alumni  6 comments Teen Mania International setup a conference call for Ron Luce to explain why the ministry is in foreclosure and what their future plans are. The call lasted about an hour and can be heard here: I will share a

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Breaking News: Teen Mania Campus in Foreclosure

Teen Mania announced today that they can no longer afford their compound in East Texas and are entering a “friendly foreclosure” with the bank, which allows them to take less of a hit on their credit than full blown foreclosure proceedings. (Which would have likely been inevitable.) Anyone who has been watching their trajectory over

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Former Director of Marketing: Teen Mania Investigation Was a Sham

Today we continue the bombshell revelations from Teen Mania’s former head of Marketing. This comes from a Facebook conversation on a public wall just after the Mind Over Mania documentary aired in November 2011. The entire conversation was over 60 comments and I’ve edited it down to what is most relevant and newsworthy. (As you

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