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 rating223 of 4701 of 8
Fund acquisition rating190 of 4702 of 8
Resource allocation rating218 of 4703 of 8
Asset utilization rating294 of 4702 of 8

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%6%10%7%11%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%5%9%6%10%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%86%85%88%92%91%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%9%8%6%9%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%14%15%12%8%9%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%84%83%84%84%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%57%112%103%114%80%
Program output ratio Program output ratio =
Program services /
Total revenue
81%48%93%87%96%67%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%43%-12%-3%-14%20%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%58%-21%-5%-16%25%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%7%9%11%7%6%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.190.761.801.341.260.96
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.541.363.042.552.702.69
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.331.035.463.433.412.58
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.7275.507.4714.5510.4432.43
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.010.130.070.100.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.3211.521.903.263.184.51
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%1%4%3%4%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
70%131%53%72%76%103%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$1,862,865$622,621$772,296$975,019$1,159,452
Receivables, inventories, prepaids$2,081,478$141,867$306,293$100,882$67,654
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$3,944,343$764,488$1,078,589$1,075,901$1,227,106
Long-term investments$0$0$0$0$0
Fixed assets$1,306,341$1,458,815$1,626,804$1,783,493$2,026,553
Other long-term assets$100,000$100,000$50,000$50,000$50,000
Total long-term assets$1,406,341$1,558,815$1,676,804$1,833,493$2,076,553
Total assets$5,350,684$2,323,303$2,755,393$2,909,394$3,303,659
 
Liabilities20172016201520142013
Payables and accrued expenses$52,242$102,374$74,133$103,039$37,842
Other current liabilities$0$0$0$0$0
Total current liabilities$52,242$102,374$74,133$103,039$37,842
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$52,242$102,374$74,133$103,039$37,842
 
Net assets20172016201520142013
Unrestricted$1,811,973$2,070,507$2,556,304$2,756,355$3,215,817
Temporarily restricted$3,386,469$50,422$75,000$0$0
Permanently restricted$100,000$100,000$50,000$50,000$50,000
Net assets$5,298,442$2,220,929$2,681,260$2,806,355$3,265,817
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$6,114,944$3,157,593$3,138,409$2,961,346$3,630,397
Program service revenue$744,152$425,497$307,028$260,551$205,238
Membership dues$0$0$0$0$0
Investment income$2,096$1,646$3,367$1,169$1,160
Other revenue$270,887$127,296$127,424($11,297)$133,626
Total other revenue$1,017,135$554,439$437,819$250,423$340,024
Total revenue$7,132,079$3,712,032$3,576,228$3,211,769$3,970,421
 
Expenses20172016201520142013
Program services$3,388,806$3,469,514$3,100,893$3,084,456$2,666,270
Management and general$296,398$379,803$390,396$251,916$205,555
Fundraising$369,362$323,090$209,990$334,859$295,635
Total expenses$4,054,566$4,172,407$3,701,279$3,671,231$3,167,460
 
Change in net assets20172016201520142013
Surplus (deficit)$3,077,513($460,375)($125,051)($459,462)$802,961
Other changes in net assets$0$0$0$0$0
Total change in net assets$3,077,513($460,375)($125,051)($459,462)$802,961

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