Life Challenge of Southeastern Michigan

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/14/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

Adult & Teen Challenge/Life Challenge Ministries is a one-year residential recovery program for men and women with drug, alcohol, and other life-controlling addictions. ATC/LCM has campuses in Detroit and Flint. Both programs offer a highly structured environment providing a unique opportunity for people to separate themselves temporarily from the normal distractions of life and give needed attention to personal spiritual growth.


Contact information

Mailing address:
Life Challenge of Southeastern Michigan
17667 Pierson Street
Detroit, MI 48219

Website: lcministries.org

Phone: 313-531-0111

Email: lcministries.org/contact-us/


Organization details

EIN: 381797940

CEO/President: Jeff Bonzelaar

Chairman: Jeff Bonzelaar

Board size: 6

Founder:

Year founded: 2004

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

At ATC/LCM our goal is more than rehabilitation-helping men and women get clean and sober. Our purpose is to make fully devoted followers of Jesus Christ.


Mission statement

We seek to help men and women turn from their self-destructive ways and put their faith in God. We emphasize Bible study, counseling, and Christian community.


Statement of faith

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating158 of 81737 of 150
Fund acquisition rating158 of 81728 of 150
Resource allocation rating487 of 81794 of 150
Asset utilization rating126 of 81726 of 150

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%4%3%4%5%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%4%3%4%4%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%90%90%90%91%90%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%4%3%4%4%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%10%10%10%9%10%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%77%76%76%77%85%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%96%101%91%97%99%
Program output ratio Program output ratio =
Program services /
Total revenue
76%73%77%69%75%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%4%-1%9%3%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%6%-2%13%5%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%19%21%19%18%15%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.621.291.521.341.451.51
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.903.474.533.464.046.25
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.494.476.904.625.889.44
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.9220.3514.5820.2316.5518.13
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.050.070.050.060.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.132.551.622.471.921.20
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%2%2%2%2%2%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%76%65%73%67%65%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$203,361$124,760$196,437$137,161$59,479
Receivables, inventories, prepaids$0$719$7,659$0$0
Short-term investments$113,412$98,965$99,128$85,527$75,729
Other current assets$0$0$0$0$0
Total current assets$316,773$224,444$303,224$222,688$135,208
Long-term investments$1,248$1,424$2,992$1,792$1,392
Fixed assets$782,271$791,538$740,750$672,955$703,855
Other long-term assets$0$0$900$2,700$4,500
Total long-term assets$783,519$792,962$744,642$677,447$709,747
Total assets$1,100,292$1,017,406$1,047,866$900,135$844,955
 
Liabilities20192018201720162015
Payables and accrued expenses$15,570$15,394$14,992$13,454$7,459
Other current liabilities$0$0$0$0$0
Total current liabilities$15,570$15,394$14,992$13,454$7,459
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$2,505$2,826$5,873$4,871$6,600
Total long-term liabilities$2,505$2,826$5,873$4,871$6,600
Total liabilities$18,075$18,220$20,865$18,325$14,059
 
Net assets20192018201720162015
Unrestricted$0$845,633$835,029$742,750$749,047
Temporarily restricted$0$57,040$93,027$51,332$300
Permanently restricted$0$96,513$98,945$87,728$81,549
Net assets$1,082,217$999,186$1,027,001$881,810$830,896
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$1,329,184$1,372,443$1,391,589$1,228,750$1,163,108
Program service revenue$152,767$146,077$137,968$132,009$124,302
Membership dues$0$0$0$0$0
Investment income$2,741$2,225$3,306($9,828)$2,579
Other revenue($2,765)$7,145$5,042$4,505$4,991
Total other revenue$152,743$155,447$146,316$126,686$131,872
Total revenue$1,481,927$1,527,890$1,537,905$1,355,436$1,294,980
 
Expenses20192018201720162015
Program services$1,088,816$1,182,323$1,067,404$1,013,274$1,089,838
Management and general$274,188$326,528$273,055$237,288$185,858
Fundraising$54,194$40,070$61,358$57,731$371
Total expenses$1,417,198$1,548,921$1,401,817$1,308,293$1,276,067
 
Change in net assets20192018201720162015
Surplus (deficit)$64,729($21,031)$136,088$47,143$18,913
Other changes in net assets$0$0$0$0$0
Total change in net assets$64,729($21,031)$136,088$47,143$18,913

Compensation

NameTitleCompensation
Reverend Jeffrey T BonzelaarChairman & E$110,282

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 12/14/2020. To update the information below, please email: info@ministrywatch.com


History


Program accomplishments


Needs