First Liberty Institute
Financial efficiency ratings
Sector:
This ministry has not been rated.
Financial ratios
| Funding ratios | Median % for all ministries in MW database | 2017 | 2016 | 2015 | 2014 | 2013 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 6% | 7% | 5% | 13% | 6% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 6% | 7% | 5% | 13% | 6% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 95% | 99% | 97% | 100% | 100% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 7% | 6% | 5% | 16% | 5% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 5% | 1% | 3% | 0% | 0% | 1% |
| Operating ratios | Median % for all ministries in MW database | 2017 | 2016 | 2015 | 2014 | 2013 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 84% | 84% | 85% | 71% | 83% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 84% | 104% | 98% | 78% | 107% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 70% | 88% | 83% | 55% | 88% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 16% | -4% | 2% | 22% | -7% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | 29% | -9% | 4% | 44% | -15% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 9% | 9% | 11% | 13% | 12% |
| Investing ratios | Median measure for all ministries in MW database | 2017 | 2016 | 2015 | 2014 | 2013 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.30 | 1.52 | 2.12 | 1.83 | 1.56 | 1.76 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.54 | 1.08 | 1.15 | 1.17 | 1.13 | 1.08 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.54 | 1.64 | 2.44 | 2.14 | 1.77 | 1.89 |
| Liquidity ratios | Median measure for all ministries in MW database | 2017 | 2016 | 2015 | 2014 | 2013 |
Current ratio Current ratio = Total current assets / Total current liabilities | 8.96 | 28793.40 | 22.54 | 43.20 | 43.15 | 3.81 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.11 | 0.00 | 0.04 | 0.02 | 0.02 | 0.26 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.07 | 7.33 | 4.71 | 5.48 | 6.63 | 4.67 |
| Solvency ratios | Median % for all ministries in MW database | 2017 | 2016 | 2015 | 2014 | 2013 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 0% | 4% | 2% | 2% | 24% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 63% | 66% | 45% | 54% | 63% | 43% |
Financials
| Balance sheet | |||||
| Assets | 2017 | 2016 | 2015 | 2014 | 2013 |
| Cash | $5,075,526 | $3,228,675 | $3,768,651 | $3,722,749 | $2,842,251 |
| Receivables, inventories, prepaids | $107,286 | $358,841 | $0 | $0 | $0 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $5,182,812 | $3,587,516 | $3,768,651 | $3,722,749 | $2,842,251 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $393,568 | $531,459 | $624,622 | $490,246 | $212,814 |
| Other long-term assets | $9,168 | $9,168 | $9,168 | $9,168 | $5,000 |
| Total long-term assets | $402,736 | $540,627 | $633,790 | $499,414 | $217,814 |
| Total assets | $5,585,548 | $4,128,143 | $4,402,441 | $4,222,163 | $3,060,065 |
| Liabilities | 2017 | 2016 | 2015 | 2014 | 2013 |
| Payables and accrued expenses | $180 | $159,196 | $87,233 | $86,273 | $745,804 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $180 | $159,196 | $87,233 | $86,273 | $745,804 |
| 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 | $180 | $159,196 | $87,233 | $86,273 | $745,804 |
| Net assets | 2017 | 2016 | 2015 | 2014 | 2013 |
| Unrestricted | $5,103,166 | $3,463,933 | $3,797,650 | $3,516,835 | $1,830,826 |
| Temporarily restricted | $482,202 | $505,014 | $517,558 | $619,055 | $483,435 |
| Permanently restricted | $0 | $0 | $0 | $0 | $0 |
| Net assets | $5,585,368 | $3,968,947 | $4,315,208 | $4,135,890 | $2,314,261 |
| Revenues and expenses | |||||
| Revenue | 2017 | 2016 | 2015 | 2014 | 2013 |
| Total contributions | $10,019,006 | $8,133,823 | $8,217,460 | $8,401,463 | $4,996,489 |
| Program service revenue | $67,000 | $248,062 | $20,440 | $0 | $29,995 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $13,512 | $11,092 | $3,892 | $6,077 | $6,542 |
| Other revenue | $0 | $0 | $0 | $0 | $48 |
| Total other revenue | $80,512 | $259,154 | $24,332 | $6,077 | $36,585 |
| Total revenue | $10,099,518 | $8,392,977 | $8,241,792 | $8,407,540 | $5,033,074 |
| Expenses | 2017 | 2016 | 2015 | 2014 | 2013 |
| Program services | $7,118,437 | $7,351,779 | $6,817,119 | $4,649,197 | $4,448,380 |
| Management and general | $768,794 | $819,583 | $849,048 | $874,024 | $643,779 |
| Fundraising | $595,867 | $567,875 | $396,307 | $1,062,690 | $291,359 |
| Total expenses | $8,483,098 | $8,739,237 | $8,062,474 | $6,585,911 | $5,383,518 |
| Change in net assets | 2017 | 2016 | 2015 | 2014 | 2013 |
| Surplus (deficit) | $1,616,420 | ($346,260) | $179,318 | $1,821,629 | ($350,444) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,616,420 | ($346,260) | $179,318 | $1,821,629 | ($350,444) |
Response from ministry
No response has been provided by this ministry.