Luke Society, Inc., The

Summary

The Luke Society is an interdenominational organization of Christian health and business professionals dedicated to the field of missions. The Luke Society works with indigenous Christian health professionals who have a vision to reach their own people. The organization's focus is on community health--teaching people how to prevent disease through education, immunization, nutrition, hygiene and sanitation, and equipping people to care for themselves, their families and their communities. Besides teaching prevention, The Luke Society provides medical care for the sick and comfort for the dying. When appropriate, the organization also helps initiate economic development projects in conjunction with its medical ministries to assist people in providing for their families. Most important, The Luke Society is a Christ-centered ministry of evangelism and discipleship, reconciling man to God, and man to man through the truth of the gospel. The Society has approximately 20 ministries on four continents at the present time. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
3409 Gateway Blvd.
Sioux Falls, SD 57106-7106

Website: www.lukesociety.org

Phone: (605) 373-9686

Email: office@lukesociety.org


Organization details

EIN: 840563440

CEO/President: Mr. Stewart Odell

Chairman: Mr. Stewart Odell

Board size: 10

Founder: Dr. Peter Boelens

Year founded: 1964

Tax deductible: Yes

Fiscal year end: 12/30

Member of ECFA: Yes

Member of ECFA since: 1987


Purpose

The Luke Society is an interdenominational organization of Christian health and business professionals dedicated to the field of missions. The Luke Society works with indigenous Christian health professionals who have a vision to reach their own people. The organization's focus is on community health--teaching people how to prevent disease through education, immunization, nutrition, hygiene and sanitation, and equipping people to care for themselves, their families and their communities. Besides teaching prevention, The Luke Society provides medical care for the sick and comfort for the dying. When appropriate, the organization also helps initiate economic development projects in conjunction with its medical ministries to assist people in providing for their families. Most important, The Luke Society is a Christ-centered ministry of evangelism and discipleship, reconciling man to God, and man to man through the truth of the gospel. The Society has approximately 20 ministries on four continents at the present time. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Mission statement

The Luke Society's Mission Statement is:

"The Luke Society is a Christ-centered ministry of evangelism and discipleship, reconciling man to God, and man to man through the truth of the gospel."


Statement of faith

The Luke Society's Statement of Faith is:

We believe that God has gifted us, as Luke Society members, to minister to the health needs of the whole person. We believe the world and everything in it belongs to God. God made our world perfect but sin entered the world with its consequences of suffering and disease. We believe that God sent Jesus Christ to the world to take the punishment for sin, to restore man to Himself, and that He uses us as His instruments of restoration. We believe that God through His Spirit and Word empowers us to minister to health needs in the world and help those who are suffering. As we meet health needs, we desire to communicate God's compassion and love and tell others about Jesus Christ as the only lasting means of life and peace. We are committed to accompany quality health care with ministries of evangelism and discipleship. We believe that as we serve, 'He is able to do immeasurably more than all we ask or imagine, according to His power that is at work within us, to Him be the glory in the church and in Christ Jesus throughout all generations, forever and ever! Amen' (Ephesians 3:20-21). NIV

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating148 of 50032 of 67
Fund acquisition rating53 of 50011 of 67
Resource allocation rating86 of 50023 of 67
Asset utilization rating435 of 50061 of 67

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%2%2%2%2%2%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%2%2%2%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%104%92%98%101%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%2%2%2%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%-4%8%2%-1%1%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%90%88%88%87%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%89%87%74%87%96%
Program output ratio Program output ratio =
Program services /
Total revenue
80%80%77%65%76%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%11%13%26%13%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%8%10%25%14%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%8%10%10%11%11%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.190.570.660.710.921.08
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.533.643.863.652.943.07
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.312.082.572.602.703.33
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.1238.9145.0247.4529.1413.97
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.030.020.020.030.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.415.614.574.524.303.35
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%1%1%1%2%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
70%173%149%139%107%90%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$1,468,694$1,272,191$1,206,912$1,129,158$924,583
Receivables, inventories, prepaids$41,394$42,539$43,553$38,104$50,431
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,510,088$1,314,730$1,250,465$1,167,262$975,014
Long-term investments$3,168,979$2,976,561$2,600,085$1,521,334$1,244,415
Fixed assets$663,320$676,640$691,658$715,194$744,606
Other long-term assets$150,340$107,000$16,000$28,000$33,250
Total long-term assets$3,982,639$3,760,201$3,307,743$2,264,528$2,022,271
Total assets$5,492,727$5,074,931$4,558,208$3,431,790$2,997,285
 
Liabilities20182017201620152014
Payables and accrued expenses$36,329$26,723$23,874$37,578$66,920
Other current liabilities$2,478$2,478$2,478$2,478$2,893
Total current liabilities$38,807$29,201$26,352$40,056$69,813
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$10,229$10,738$11,251$11,427$12,926
Total long-term liabilities$10,229$10,738$11,251$11,427$12,926
Total liabilities$49,036$39,939$37,603$51,483$82,739
 
Net assets20182017201620152014
Unrestricted$3,976,183$3,636,413$3,112,389$2,013,854$1,932,052
Temporarily restricted$1,467,508$1,398,579$1,408,216$1,366,453$982,494
Permanently restricted$0$0$0$0$0
Net assets$5,443,691$5,034,992$4,520,605$3,380,307$2,914,546
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$3,713,594$3,578,303$4,322,742$3,638,693$3,334,860
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income($157,210)$311,313$71,652($22,163)$33,807
Other revenue$713($1,205)($2,426)($2,951)($1,970)
Total other revenue($156,497)$310,108$69,226($25,114)$31,837
Total revenue$3,557,097$3,888,411$4,391,968$3,613,579$3,366,697
 
Expenses20182017201620152014
Program services$2,834,415$2,985,444$2,849,209$2,745,119$2,827,173
Management and general$254,655$325,140$333,035$331,237$344,368
Fundraising$59,328$63,440$69,427$71,462$70,862
Total expenses$3,148,398$3,374,024$3,251,671$3,147,818$3,242,403
 
Change in net assets20182017201620152014
Surplus (deficit)$408,699$514,387$1,140,297$465,761$124,294
Other changes in net assets$0$0$0$0$0
Total change in net assets$408,699$514,387$1,140,297$465,761$124,294

Response from ministry

No response has been provided by this ministry.


History

The Luke Society was initially organized in 1964 by a group of physicians and dentists to save a mission hospital in Rehoboth, NM. In 1970 Dr. Peter Boelens, a member of the Society, founded its first community health and development program in Cary, MS. Today, that ministry is independent and continues to serve the people of the Mississippi delta under local leadership. In 1979, under the direction of Dr. Boelens, the Luke Society broadened its focus to include international ministries as well as domestic. In 1996, the Luke Society appointed regional coordinators, indigenous Christian leaders already serving as Luke Society ministry directors, to seek new ministry opportunities on their own continents and to help mentor new ministry directors.


Program accomplishments

The Luke Society currently supports more than 20 ministries in Africa, Asia, Eastern Europe, and North, Central and South America and are continuting to add new ones. Each ministry varies in its scope, and might include medial clinics, community health outreach, water and sanitation projects, economic development, Christian education, church planting and Bible study.


Needs