Life in Abundance International

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/21/2021. To update the information in this column, please email: info@ministrywatch.com


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: infohq@lifeinabundance.org


Organization details

EIN: 020587875

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

Chairman: Joshua Wathanga

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

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating913 of 999107 of 118
Fund acquisition rating851 of 100199 of 118
Resource allocation rating564 of 100169 of 118
Asset utilization rating934 of 999114 of 118

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%11%7%4%6%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%11%7%4%6%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%98%101%100%100%101%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%7%7%5%6%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%2%-1%0%0%-1%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%81%80%85%82%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%161%98%79%93%69%
Program output ratio Program output ratio =
Program services /
Total revenue
79%131%78%68%76%56%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-61%2%21%7%31%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%-19%1%11%3%19%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%12%13%10%12%11%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.310.420.370.420.410.41
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.283.312.802.482.361.99
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.871.401.031.040.960.82
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
20.81183.68323.60259.33108.6826.05
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.010.000.000.010.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.628.5111.6611.5212.4114.01
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%17%14%0%0%2%
Debt ratio Debt ratio =
Debt /
Total assets
0%16%14%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
68%197%234%238%245%237%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$708,174$670,310$417,716$845,687$643,010
Receivables, inventories, prepaids$1,019,221$2,088,999$2,233,200$1,639,744$2,249,643
Short-term investments$306,081$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,033,476$2,759,309$2,650,916$2,485,431$2,892,653
Long-term investments$328,806$528,097$0$0$0
Fixed assets$3,539,981$3,625,216$3,641,651$3,110,294$2,874,353
Other long-term assets$819,200$824,700$269,172$264,320$901
Total long-term assets$4,687,987$4,978,013$3,910,823$3,374,614$2,875,254
Total assets$6,721,463$7,737,322$6,561,739$5,860,045$5,767,907
 
Liabilities20192018201720162015
Payables and accrued expenses$11,071$8,527$10,222$22,870$111,045
Other current liabilities$0$0$0$0$0
Total current liabilities$11,071$8,527$10,222$22,870$111,045
Debt$1,104,520$1,111,855$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$1,104,520$1,111,855$0$0$0
Total liabilities$1,115,591$1,120,382$10,222$22,870$111,045
 
Net assets20192018201720162015
Without donor restrictions$4,032,212$4,823,683$4,576,130$3,646,770$3,362,742
With donor restrictions$1,573,660$1,793,257$1,975,387$2,190,405$2,294,120
Net assets$5,605,872$6,616,940$6,551,517$5,837,175$5,656,862
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$1,729,936$2,917,440$3,463,136$2,556,515$3,511,083
Program service revenue$0$0$0$1,898$3,821
Membership dues$0$0$0$0$0
Investment income$16,449($31,607)$11,369$16,800$2
Other revenue$25,592$5,298($8,807)($14,230)($46,553)
Total other revenue$42,041($26,309)$2,562$4,468($42,730)
Total revenue$1,771,977$2,891,131$3,465,698$2,560,983$3,468,353
 
Expenses20192018201720162015
Program services$2,318,158$2,258,500$2,352,226$1,951,014$1,932,293
Management and general$343,873$374,126$267,239$284,499$273,942
Fundraising$190,520$198,329$131,891$145,157$176,921
Total expenses$2,852,551$2,830,955$2,751,356$2,380,670$2,383,156
 
Change in net assets20192018201720162015
Surplus (deficit)($1,080,574)$60,176$714,342$180,313$1,085,197
Other changes in net assets$0$0$0$0$0
Total change in net assets($1,080,574)$60,176$714,342$180,313$1,085,197

Compensation

NameTitleCompensation
Carley BuckinghamUs Executive Director$85,000

Compensation data as of: 12/31/2019


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 11/21/2021. To update the information below, please email: info@ministrywatch.com


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

We serve in 14 countries throughout Africa and the Caribbean, working to defeat poverty and restore dignity to all people.

Currently partnering with over 175 local churches, we empower leaders to sustainably meet the social, economic, education, and health needs of their communities.


Needs