Life in Abundance International

The information on this page was last updated 5/25/2023. If you see errors or omissions, please email: [email protected]


Summary

We empower local churches in Africa and the Caribbean to serve the poor and vulnerable, creating sustainable transformation in their communities.


Contact information

Mailing address:
Life in Abundance International
PO Box 660367
Dallas, TX 75266-0367

Website: lifeinabundance.org

Phone: 502-749-7691

Email: [email protected]


Organization details

EIN: 020587875

CEO/President: Dr. Hesbone Kang'e / Dr. Florence Muindi

Chairman: Sammy Mwangi

Board size: 13

Founder: Dr. Florence Muindi

Ruling year: 2002

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2008


Purpose

We see a day when the world's most vulnerable and marginalized have life, and have it in abundance.


Mission statement

We empower local churches to serve the poor and vulnerable, creating sustainable transformation in their communities.


Statement of faith

LIA strictly adheres to the Lausanne Covenant for World Evangelization: As it states, we believe and affirm the authority and power of the Bible, the explained purpose of God, the uniqueness and universality of Christ, the call to evangelize, Christian social responsibility, the necessity of discipleship, the reality of spiritual warfare, freedom of worship, the power of the Holy Spirit, and the return of Christ.

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating733 of 110190 of 143
Fund acquisition rating513 of 110268 of 143
Resource allocation rating776 of 1102105 of 143
Asset utilization rating672 of 110177 of 143

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%5%9%4%11%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%5%8%4%11%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%100%99%99%98%101%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%5%5%5%7%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%0%1%1%2%-1%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%80%81%84%81%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%100%156%88%161%98%
Program output ratio Program output ratio =
Program services /
Total revenue
82%80%127%73%131%78%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%0%-56%12%-61%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%0%-83%17%-19%1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
8%15%13%12%12%13%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.321.321.260.810.420.37
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.211.791.911.473.312.80
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.962.362.411.191.401.03
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
18.8134.0187.83147.41183.68323.60
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.030.010.010.010.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.674.944.919.988.5111.66
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%45%45%33%17%14%
Debt ratio Debt ratio =
Debt /
Total assets
0%43%45%32%16%14%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
68%42%43%83%197%234%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$170,641$291,024$479,831$708,174$670,310
Receivables, inventories, prepaids$1,083,093$943,762$1,977,729$1,019,221$2,088,999
Short-term investments$61,172$59,919$74,586$306,081$0
Other current assets$0$0$0$0$0
Total current assets$1,314,906$1,294,705$2,532,146$2,033,476$2,759,309
Long-term investments$221,136$357,469$380,665$328,806$528,097
Fixed assets$0$0$0$3,539,981$3,625,216
Other long-term assets$820,911$820,849$813,848$819,200$824,700
Total long-term assets$1,042,047$1,178,318$1,194,513$4,687,987$4,978,013
Total assets$2,356,953$2,473,023$3,726,659$6,721,463$7,737,322
 
Liabilities20222021202020192018
Payables and accrued expenses$38,668$14,741$17,178$11,071$8,527
Other current liabilities$0$0$0$0$0
Total current liabilities$38,668$14,741$17,178$11,071$8,527
Debt$1,015,191$1,109,053$1,195,642$1,104,520$1,111,855
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$5,562$0$0$0$0
Total long-term liabilities$1,020,753$1,109,053$1,195,642$1,104,520$1,111,855
Total liabilities$1,059,421$1,123,794$1,212,820$1,115,591$1,120,382
 
Net assets20222021202020192018
Without donor restrictions($227,613)($83,769)$608,605$4,032,212$4,823,683
With donor restrictions$1,525,145$1,432,998$1,905,234$1,573,660$1,793,257
Net assets$1,297,532$1,349,229$2,513,839$5,605,872$6,616,940
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$3,091,320$1,987,708$3,407,392$1,729,936$2,917,440
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$2,518$11,962$37,930$16,449($31,607)
Other revenue$0$1,500$0$25,592$5,298
Total other revenue$2,518$13,462$37,930$42,041($26,309)
Total revenue$3,093,838$2,001,170$3,445,322$1,771,977$2,891,131
 
Expenses20222021202020192018
Program services$2,480,398$2,537,881$2,528,656$2,318,158$2,258,500
Management and general$454,236$419,268$348,087$343,873$374,126
Fundraising$165,608$169,428$145,753$190,520$198,329
Total expenses$3,100,242$3,126,577$3,022,496$2,852,551$2,830,955
 
Change in net assets20222021202020192018
Surplus (deficit)($6,404)($1,125,407)$422,826($1,080,574)$60,176
Other changes in net assets$0$0$0$0$0
Total change in net assets($6,404)($1,125,407)$422,826($1,080,574)$60,176

Compensation

NameTitleCompensation
Carley BuckinghamExecutive Director$36,325

Compensation data as of: 12/31/2022


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/25/2023. To update the information below, please email: [email protected]


History

On April 17, 1993, Dr. Florence Muindi was given a vision to mobilize the local church to restore health, renew hope, and inspire lasting transformation for Africa's most vulnerable children and families. In April 1995, together with her family, Dr. Florence Muindi took the first step in the journey that has led to the establishment of Life In Abundance by leaving behind her career to go into the mission field -then under the support of another mission agency.

1996 - Dr. Muindi piloted her first sustainable development program among the Maasai in rural Kenya.

1999 - LIA was formally established as a non-profit development organization in Ethiopia.

2002 - LIA was officially incorporated in the USA as a 501(c)(3) non-profit.

2004 - LIA was formally recognized as an NGO in Kenya.

2006 - LIA expanded its transformational development efforts to Egypt and the Horn of Africa region.

2008 - LIA formalized its non-profit status in South Sudan.

2009 - LIA was formally established in North Sudan (now Sudan).

2012 - LIA began piloting work in Jamaica and Haiti

2013 - LIA formalized status in Jamaica and established the LIA Training Center Jamaica.

2015 - LIA hired Urban Initiatives to conduct a thorough study of 6 communities we had phased out of.

2017 - LIA appointed a director in the United Kingdom and the support office there was established.

2018 - Blue Wings Limited, LIA's for-profit aviation company, was launched to support the mission of LIA.

2019 - LIA officially launched a European support office in Switzerland, in line with a vision to partner closely with the US, UK, and Europe.

Today - LIA has over 100 staff partnering with more than 150 local churches and 50 communities across 14 countries in Africa and the Caribbean.


Program accomplishments

Life In Abundance is an African-founded, African-led, and faith-based community development organization. For over 25 years, LIA has been serving to empower those in need, seeing God change the lives of individuals and whole communities through the local church. Our trainings and programs have impacted more than a million people.


Needs