Faith and Learning International

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/1/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

FLI provides administrative and accounting support systems for missionaries and ministries at minimal cost thus freeing them to use their giftedness and energy to serve God.

FLI is a full member in good standing with the Evangelical Council for Financial Accountability (ECFA). We are an IRS 501(c)3 organization authorized to issue tax deductible receipts for charitable contributions. Annual audits conducted by an independent firm are available upon request.


Contact information

Mailing address:
Faith and Learning International
PO Box 480
Wheaton, IL 60187

Website: faithandlearning.org

Phone: 630-221-0648

Email: info@faithandlearning.org


Organization details

EIN: 200743864

CEO/President: Deborah Colwill

Chairman:

Board size: 0

Founder:

Year founded: 2005

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2009


Purpose

FLI encourages, equips and connects believers around the world with one another thus enabling them to facilitate God's call on their lives.


Mission statement

The ministry of Faith & Learning International stimulates ministry projects and programs by providing encouragement and administrative support - helping people to realize their vision.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating59 of 9134 of 51
Fund acquisition rating174 of 91511 of 51
Resource allocation rating110 of 9154 of 51
Asset utilization rating246 of 91313 of 51

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%2%2%1%2%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%2%2%1%2%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%99%98%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%2%2%2%2%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%1%2%0%0%0%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%92%93%93%93%94%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%94%90%90%90%97%
Program output ratio Program output ratio =
Program services /
Total revenue
78%87%84%84%83%91%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%6%10%10%10%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%14%20%21%24%8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%5%5%5%6%5%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.212.151.901.902.112.38
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.001.001.001.001.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.982.151.901.902.112.39
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
19.9974.0552.7923.6425.9634.59
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.040.010.020.040.040.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.685.516.206.065.484.88
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
5%1%2%4%4%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
78%46%52%51%46%41%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$2,350,567$2,030,518$1,655,077$1,299,508$975,396
Receivables, inventories, prepaids$1,635$0$0$0$0
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,352,202$2,030,518$1,655,077$1,299,508$975,396
Long-term investments$0$0$0$0$0
Fixed assets$0$0$0$0$0
Other long-term assets$0$0$0$0$343
Total long-term assets$0$0$0$0$343
Total assets$2,352,202$2,030,518$1,655,077$1,299,508$975,739
 
Liabilities20192018201720162015
Payables and accrued expenses$31,767$38,463$69,997$50,062$28,195
Other current liabilities$0$0$0$0$0
Total current liabilities$31,767$38,463$69,997$50,062$28,195
Debt$0$0$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$0$0$0$0$0
Total liabilities$31,767$38,463$69,997$50,062$28,195
 
Net assets20192018201720162015
Without donor restrictions$554,470$441,336$341,550$262,169$200,117
With donor restrictions$1,765,965$1,550,719$1,243,530$987,277$747,427
Net assets$2,320,435$1,992,055$1,585,080$1,249,446$947,544
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$5,345,152$4,190,425$3,466,373$3,029,641$2,401,235
Program service revenue$2,700$2,044$0$5,503$0
Membership dues$0$0$0$0$0
Investment income$35,769$13,315$5,835$5,116$4,614
Other revenue$0$59,067$0$0$0
Total other revenue$38,469$74,426$5,835$10,619$4,614
Total revenue$5,383,621$4,264,851$3,472,208$3,040,260$2,405,849
 
Expenses20192018201720162015
Program services$4,667,070$3,578,881$2,919,288$2,533,044$2,184,100
Management and general$277,081$195,249$168,903$150,946$111,782
Fundraising$111,090$83,746$48,383$54,368$31,143
Total expenses$5,055,241$3,857,876$3,136,574$2,738,358$2,327,025
 
Change in net assets20192018201720162015
Surplus (deficit)$328,380$406,975$335,634$301,902$78,824
Other changes in net assets$0$0$0$0$0
Total change in net assets$328,380$406,975$335,634$301,902$78,824

Compensation

NameTitleCompensation
Thomas LavanchyPresident$9,999

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 3/1/2021. To update the information below, please email: info@ministrywatch.com


History

In 2004, the founders of Faith and Learning International felt called to serve God and the Church worldwide in an unique yet practical way. Our purpose is to serve those who have received a calling to ministry.

We understand that many missionaries and ministries get bogged down with administration, accounting, policies and operational procedures. We want our projects to spend time serving, not with spreadsheets.

It's important to know FLI is not a missionary sending agency. We are ideal for the entrepreneurial person with a vision for mission outside the parameters of the typical mission/sending agency.

Our structure keeps our overhead at a minimum, meaning more dollars are spent on ministry than on paperwork.


Program accomplishments


Needs