Only once did Focus on the Family’s Dr. James Dobson endorse a presidential candidate–and that was George W. Bush, who in 2004 ran unopposed for the GOP nomination. In this year’s election, Dobson has largely skirted the issue–perhaps in part because he’s hesitant to mistakenly back a losing candidate and thereby devalue the worth of any future endorsement. But if and when he throws his support behind one of the candidates, will it even matter?

The founder of the Colorado Springs-based organization may have reason to be concerned about his influence. At the age of 71 and semi-retired from the day-to-day operations of his organization, Dobson is seeing Focus on the Family’s fortunes wane – CEO Jim Daly describes them as “flat” – perhaps an inevitability for a ministry pegged to one towering figure. The ministry’s expenses have exceeded its revenues for two years – what Daly calls a “drawdown from reserves” – by $4.1 million in fiscal year 2006 and by $9.9 million in 2005. (Figures for 2007 have not yet been released.)

Especially in light of a younger generation of evangelical leaders like Rick Warren, Joel Osteen, and Bill Hybels, is Dobson’s political influence in the Christian arena as important as it was in the past?