apostate, and therefore devoid of God's Spirit and under Satan's control. The listenership of Family Radio understandably declined after the failed 1994 prediction, but before long the organization was growing at a rate much higher than it had previously experienced. In 1958, Camping sold his construction business and, with the funds, purchased KEAR-FM in San Francisco. He then grew his broadcast empire so that by 1994 Family Radio comprised forty radio stations nationwide. Yet, from 1994 to 2009, it grew at an even faster rate than before; by the time of his second campaign, the organization boasted 216 AM and FM radio stations, along with two television channels. With a growing national profile, the financial viability of the non-profit also grew. Financial strength hit a peak in 2007 when Family Radio reported $135 million in assets. As net assets declined from that point forward, listener contributions steadily increased. In 2008, total contributions were well over $15 million. 2009 saw an annual budget of $36.7 million with $117 million in assets and $18.4 million in contributions. IRS records also indicate that Family Radio employed 348 persons in 2009. In 2010 assets were down to $110 million while contributions rose to $18.7 million while the station maintained 346 employees. In 2011 contributions fell to $17.2 million and assets dropped to $87.6 million, while the organization also lost 26 employees. By the end of 2011 the organizations assets had dropped to $29.2 million, and the next year was forced to take out a $30 million loan. In 2007, the year before the start of the 2011 campaign, Family Radio had its greatest level of assets. Upon the outset of the second campaign, the organizations assets dropped while contributions simultaneously rose indicating an increased level of spending by the organization, far surpassing the increase in income. Politics Family Radio does not discuss politics directly, campaign for political candidates, or endorse candidates or issues. Family Radio attempts to distance itself from political and social issues. History Originally founded by Richard H. Palmquist, with the assistance of Harold Camping and Lloyd Lindquist as fellow members of the initial Board of Directors, Family Radio began obtaining FM broadcasting licenses on commercial frequencies in 1959, and by 2006, was ranked 19th among top broadcast companies in number of radio stations owned. In 1958, the radio broadcaster Richard Palmquist met Harold Camping and persuaded him to provide the financial