Dallas Life

Summary

Dallas Life is the largest homeless shelter in North Texas, housing up to 500 people per night.


Contact information

Mailing address:
Dallas Life
PO Box 130116
Dallas, TX 75313

Website: dallaslife.org

Phone: 214-421-1380

Email: info@dallaslife.org


Organization details

EIN: 752336522

CEO/President: Robert Sweeney

Chairman: M.L. Nelson

Board size: 12

Founder: Robert J. Key

Year founded: 1995

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2000


Purpose

Dallas LIFE welcomes the needy. Whether it is a homeless man, a single mother with children, or an entire family, Dallas LIFE is a safe place to recover from the trauma of homelessness. Some come beaten and bruised; others addicted and confused. All need a fresh start and a loving hand-up. At Dallas LIFE we meet these needs every day!


Mission statement

Dallas Life reaches out to homeless men, women and children with food, clothing, shelter, education and long-term rehabilitation programs founded on spiritual principals and the teachings of Jesus Christ.


Statement of faith

From daily chapel services to Sunday worship to prayer meetings and Bible study, Dallas LIFE touches each resident with the truths that: - God knows and loves each one of us personally. - Each one of us falls short of God's standard because of our sin. - God sent Jesus Christ to pay the penalty for our falling short. - We can be restored to God and have eternal life in heaven by accepting what Jesus gave for us. We believe so strongly that healing spiritually is the basis for whole-person recovery, we have a full-time chaplain on our staff who interacts with each resident and directs our spiritual program.

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating159 of 61919 of 46
Fund acquisition rating292 of 62023 of 46
Resource allocation rating181 of 62020 of 46
Asset utilization rating215 of 61920 of 46

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
13%12%6%10%7%11%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%10%5%9%6%10%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%85%86%85%88%92%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
12%11%9%8%6%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%15%14%15%12%8%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%81%84%83%84%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%93%57%112%103%114%
Program output ratio Program output ratio =
Program services /
Total revenue
77%75%48%93%87%96%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%7%43%-12%-3%-14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
1%6%58%-21%-5%-16%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%8%7%9%11%7%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.570.760.761.801.341.26
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.531.461.363.042.552.70
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.241.111.035.463.433.41
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.2138.5175.507.4714.5510.44
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.030.010.130.070.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.8610.5311.521.903.263.18
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%2%1%4%3%4%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
164%130%131%53%72%76%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$2,151,512$1,862,865$622,621$772,296$975,019
Receivables, inventories, prepaids$1,798,619$2,081,478$141,867$306,293$100,882
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$3,950,131$3,944,343$764,488$1,078,589$1,075,901
Long-term investments$0$0$0$0$0
Fixed assets$1,731,790$1,306,341$1,458,815$1,626,804$1,783,493
Other long-term assets$101,820$100,000$100,000$50,000$50,000
Total long-term assets$1,833,610$1,406,341$1,558,815$1,676,804$1,833,493
Total assets$5,783,741$5,350,684$2,323,303$2,755,393$2,909,394
 
Liabilities20182017201620152014
Payables and accrued expenses$102,564$52,242$102,374$74,133$103,039
Other current liabilities$0$0$0$0$0
Total current liabilities$102,564$52,242$102,374$74,133$103,039
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$102,564$52,242$102,374$74,133$103,039
 
Net assets20182017201620152014
Unrestricted$1,773,680$1,811,973$2,070,507$2,556,304$2,756,355
Temporarily restricted$0$3,386,469$50,422$75,000$0
Permanently restricted$3,907,597$100,000$100,000$50,000$50,000
Net assets$5,681,177$5,298,442$2,220,929$2,681,260$2,806,355
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$4,003,913$6,114,944$3,157,593$3,138,409$2,961,346
Program service revenue$521,437$744,152$425,497$307,028$260,551
Membership dues$0$0$0$0$0
Investment income$5,322$2,096$1,646$3,367$1,169
Other revenue$188,456$270,887$127,296$127,424($11,297)
Total other revenue$715,215$1,017,135$554,439$437,819$250,423
Total revenue$4,719,128$7,132,079$3,712,032$3,576,228$3,211,769
 
Expenses20182017201620152014
Program services$3,552,087$3,388,806$3,469,514$3,100,893$3,084,456
Management and general$354,684$296,398$379,803$390,396$251,916
Fundraising$479,522$369,362$323,090$209,990$334,859
Total expenses$4,386,293$4,054,566$4,172,407$3,701,279$3,671,231
 
Change in net assets20182017201620152014
Surplus (deficit)$332,835$3,077,513($460,375)($125,051)($459,462)
Other changes in net assets$0$0$0$0$0
Total change in net assets$332,835$3,077,513($460,375)($125,051)($459,462)

Response from ministry

No response has been provided by this ministry.


History

The story of Dallas LIFE starts with a man named Reverend Robert J. Key, one of the founders of the Union Gospel Mission in 1949. With Dallas' homeless population growing in the post war years, Reverend Key left UGM to begin establishing the Dallas Rescue Mission. It was this endeavor that would become Dallas LIFE, now the largest homeless shelter in North Texas.


Program accomplishments


Needs