Life Challenge of Southeastern Michigan

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 rating119 of 72528 of 145
Fund acquisition rating116 of 72624 of 145
Resource allocation rating442 of 72694 of 145
Asset utilization rating72 of 72513 of 145

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%3%4%5%0%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%3%4%4%0%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
90%90%90%91%90%92%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%3%4%4%0%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
10%10%10%9%10%8%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%76%76%77%85%65%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%101%91%97%99%112%
Program output ratio Program output ratio =
Program services /
Total revenue
76%77%69%75%84%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-1%9%3%1%-12%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-2%13%5%2%-18%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%21%19%18%15%29%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.621.521.341.451.511.62
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.934.533.464.046.256.16
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.506.904.625.889.4410.01
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.6114.5820.2316.5518.1315.01
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.070.050.060.060.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.241.622.471.921.201.12
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%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
144%65%73%67%65%60%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$124,760$196,437$137,161$59,479$57,623
Receivables, inventories, prepaids$719$7,659$0$0$0
Short-term investments$98,965$99,128$85,527$75,729$77,908
Other current assets$0$0$0$0$0
Total current assets$224,444$303,224$222,688$135,208$135,531
Long-term investments$1,424$2,992$1,792$1,392$1,392
Fixed assets$791,538$740,750$672,955$703,855$692,250
Other long-term assets$0$900$2,700$4,500$6,300
Total long-term assets$792,962$744,642$677,447$709,747$699,942
Total assets$1,017,406$1,047,866$900,135$844,955$835,473
 
Liabilities20182017201620152014
Payables and accrued expenses$15,394$14,992$13,454$7,459$9,032
Other current liabilities$0$0$0$0$0
Total current liabilities$15,394$14,992$13,454$7,459$9,032
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$2,826$5,873$4,871$6,600$11,779
Total long-term liabilities$2,826$5,873$4,871$6,600$11,779
Total liabilities$18,220$20,865$18,325$14,059$20,811
 
Net assets20182017201620152014
Unrestricted$845,633$835,029$742,750$749,047$731,058
Temporarily restricted$57,040$93,027$51,332$300$0
Permanently restricted$96,513$98,945$87,728$81,549$83,604
Net assets$999,186$1,027,001$881,810$830,896$814,662
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$1,372,443$1,391,589$1,228,750$1,163,108$1,111,318
Program service revenue$146,077$137,968$132,009$124,302$125,336
Membership dues$0$0$0$0$0
Investment income$2,225$3,306($9,828)$2,579($34,516)
Other revenue$7,145$5,042$4,505$4,991$10,086
Total other revenue$155,447$146,316$126,686$131,872$100,906
Total revenue$1,527,890$1,537,905$1,355,436$1,294,980$1,212,224
 
Expenses20182017201620152014
Program services$1,182,323$1,067,404$1,013,274$1,089,838$879,584
Management and general$326,528$273,055$237,288$185,858$397,274
Fundraising$40,070$61,358$57,731$371$80,098
Total expenses$1,548,921$1,401,817$1,308,293$1,276,067$1,356,956
 
Change in net assets20182017201620152014
Surplus (deficit)($21,031)$136,088$47,143$18,913($144,732)
Other changes in net assets$0$0$0$0$0
Total change in net assets($21,031)$136,088$47,143$18,913($144,732)

Response from ministry

No response has been provided by this ministry.


History


Program accomplishments


Needs