Lay Renewal Ministries, Inc.

Summary

Lay Renewal Ministries ("LRM") seeks to encourage, engage, and equip churches within the Process of Renewal. LRM serves Christian churches of all denominations throughout the US and Canada with congregational events, leadership training, and equipping resources. Currently LRM is working informally with many different denominations, but has had formal relationships with the Evangelical Covenant Church and the Evangelical Presbyterian Church. The ministry's main operations are located in St Louis, Missouri, but it is supported by volunteers around the country. This organization is a nonprofit. Contributions to it are fully deductible to the extent of the law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
237 E 5th St. #362
Eureka, MO 63025-3025

Website: www.layrenewal.com

Phone: (314) 647-0717

Email: lrm@layrenewal.com


Organization details

EIN: 431344588

CEO/President: Mr. Marty Guise

Chairman: Mr. David G. Hansen

Board size: 11

Founder: Robert G. Fenn, et al

Year founded: 1984

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1988


Purpose

Lay Renewal Ministries ("LRM") seeks to encourage, engage, and equip churches within the Process of Renewal. LRM serves Christian churches of all denominations throughout the US and Canada with congregational events, leadership training, and equipping resources. Currently LRM is working informally with many different denominations, but has had formal relationships with the Evangelical Covenant Church and the Evangelical Presbyterian Church.

The ministry's main operations are located in St Louis, Missouri, but it is supported by volunteers around the country.

This organization is a nonprofit. Contributions to it are fully deductible to the extent of the law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Mission statement

LRM uses the following to communicate its mission:

Lay Renewal Ministries is dedicated to serving the local church as it renews, motivates, and equips men and women for ministry.

Lay Renewal Ministries vision is: Enabled by the Word of God and empowered by the Holy Spirit, Lay Renewal Ministries strives to serve the local church through the Process of Renewal, igniting a passion for ministry and equipping disciples to reach their community and the world for the Gospel of Christ Jesus. We will provide dynamic equipping opportunities through weekend Celebrations. We will provide excellent leadership equipping opportunities through on-site events and equipping resources. We will provide sound consultation and partnership with churches in developing Biblical strategic plans. We will recommend quality Christian resources to educate and equip for Biblical spiritual growth.


Statement of faith

LRM uses the following to express its statement of faith:

The Triune God: Father (Creator), Son (Redeemer and Life Model) and Holy Spirit (Teacher, Equipper and Empowerer for living God's commands);

The Infallibility of the Word of God: it is the guide for the practice of our faith and the basis for all LRM programs;

The Ministry of the Laity: realizing that partnership in ministry between the laity and clergy is in keeping with God's plan for His church;

The Church as God's chosen vessel: for witness and service to a broken, hurting world.

Financial efficiency ratings

Sector: Christian Growth

CategoryRatingOverall rankSector rank
Overall efficiency rating308 of 42329 of 47
Fund acquisition rating284 of 42330 of 47
Resource allocation rating274 of 42329 of 47
Asset utilization rating261 of 42326 of 47

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%10%10%10%10%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%8%8%8%4%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%82%81%84%41%25%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%7%7%7%4%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%18%19%16%59%75%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%80%78%79%88%93%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%113%114%112%109%97%
Program output ratio Program output ratio =
Program services /
Total revenue
81%90%89%88%96%90%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-13%-14%-12%-9%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-7%-7%-6%-10%5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%13%15%14%8%5%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.300.610.580.561.101.33
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.541.001.001.001.001.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.540.610.580.561.101.34
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.9697.69129.8858.08123.473.90
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.010.010.020.010.26
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.0719.5020.4020.9210.786.63
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%1%1%2%1%25%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%163%170%174%90%56%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$190,463$204,278$219,497$228,911$276,761
Receivables, inventories, prepaids$525$0$893$2,522$56,225
Short-term investments$0$0$0$0$0
Other current assets$93$20$551$447$786
Total current assets$191,081$204,298$220,941$231,880$333,772
Long-term investments$0$0$0$0$0
Fixed assets$639$0$0$0$3,897
Other long-term assets$0$0$0$0$0
Total long-term assets$639$0$0$0$3,897
Total assets$191,720$204,298$220,941$231,880$337,669
 
Liabilities20182017201620152014
Payables and accrued expenses$1,956$1,573$3,804$1,878$85,657
Other current liabilities$0$0$0$0$0
Total current liabilities$1,956$1,573$3,804$1,878$85,657
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$1,956$1,573$3,804$1,878$85,657
 
Net assets20182017201620152014
Unrestricted$189,764$202,725$217,137$230,002$252,012
Temporarily restricted$0$0$0$0$0
Permanently restricted$0$0$0$0$0
Net assets$189,764$202,725$217,137$230,002$252,012
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$85,224$84,928$94,320$97,044$116,512
Program service revenue$17,713$19,126$16,534$133,377$344,876
Membership dues$0$0$0$0$0
Investment income$384$417$430$440$451
Other revenue$92$370$412$3,053$648
Total other revenue$18,189$19,913$17,376$136,870$345,975
Total revenue$103,413$104,841$111,696$233,914$462,487
 
Expenses20182017201620152014
Program services$92,775$93,423$97,903$225,339$417,133
Management and general$15,288$17,312$17,577$20,919$21,526
Fundraising$8,311$8,518$9,081$9,666$10,084
Total expenses$116,374$119,253$124,561$255,924$448,743
 
Change in net assets20182017201620152014
Surplus (deficit)($12,961)($14,412)($12,865)($22,010)$13,744
Other changes in net assets$0$0$0$0$0
Total change in net assets($12,961)($14,412)($12,865)($22,010)$13,744

Response from ministry

No response has been provided by this ministry.


History

LRM began in 1954 when founder Bob Fenn and a group of laymen in Dallas, Texas, organized a conference to study the role of the laity in the church. The success of this conference spawned requests for similar events in surrounding communities and churches.

The work grew over the next twenty-five years until Bob sensed God's call to sell his clothing business to devote his entire life to local church renewal. In 1984 the work was organized as Lay Renewal Ministries, Inc. in St. Louis, Missouri. In 1985 LRM acquired the Institute of Church Renewal started by Dr. Ben Johnson, thus expanding its program resources and network lay coordinators and team members throughout the country. In 1988, LRM moved to a new location and opened its Christian Resource Center. LRM serves churches all over the U.S. and Canada representing over 20 denominations.

In 1988, LRM moved to a new location and opened its Christian Resource Center. The brick-and-mortar Resource Center location closed at the end of 2014 and the ministry began to focus exclusively on serving churches engaged in the Process of Renewal through events and key resources.

Marty Guise, who joined the ministry in 1996, began serving as the Executive Director in 2003.


Program accomplishments

In 2011, the leadership training material was published by Wipf & Stock as Seeing from the Summit. The following year, Giving Life to Vision was published. These resources are used by church leaders to develop and implement vision. The ministry developed resource kits to further help pastors use the material in training and equipping leaders.


Needs