Lifewater International

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/29/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Every 60 seconds, a child dies from a preventable waterborne disease. More than 844 million people live without access to safe water. Lifewater does more than build wells. By addressing water access, sanitation and hygiene practices (WASH) in homes and schools, waterborne diseases are virtually eliminated.

Our in-country teams are comprised of 100% local Christian staff to best serve villages. By working with local residents, systems, and structures, programs are more effective and sustainable.

Communities know the pride of ownership. Each village contributes 10-20% of the cost of the water project through labor, materials and/or capital. Lifewater sources only local materials for all clean water projects.

Lifewater uses real-time data and analytics from the field to provide the best service and most sustainable solutions. Our repair and maintenance program monitors all clean water sources to ensure they last for generations to come.


Contact information

Mailing address:
Lifewater International
PO Box 3131
San Luis Obispo, CA 93403

Website: lifewater.org

Phone: 805-541-6634

Email: info@lifewater.org


Organization details

EIN: 953987142

CEO/President: Justin Narducci

Chairman: Karen Tobin

Board size: 12

Founder: William A. Ashe

Year founded: 1986

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1988


Purpose

For more than 40 years, Lifewater has walked alongside children and families in extreme poverty to provide clean water, improved health, and hope for generations to come. We are Christians committed to ending the global water and sanitation crisis so every child can thrive as God intends.


Mission statement

Lifewater engages the global Church to be the hands and feet of Jesus to the unreached. We empower local churches to seek out and serve the needs of the marginalized, loving others in word and deed.


Statement of faith

Lifewater has adopted the Lausanne Covenant as its statement of faith.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating596 of 94043 of 76
Fund acquisition rating684 of 94257 of 76
Resource allocation rating618 of 94246 of 76
Asset utilization rating297 of 94026 of 76

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%10%9%10%12%11%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%10%9%10%12%10%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%100%100%100%100%91%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%10%12%10%12%10%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%0%0%0%0%9%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%83%75%73%74%74%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%95%71%96%97%103%
Program output ratio Program output ratio =
Program services /
Total revenue
83%79%54%70%71%76%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%5%29%4%3%-3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%13%66%16%10%-8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%7%12%17%14%17%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.632.371.473.152.582.68
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.381.071.061.081.10
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.643.271.583.362.802.96
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.018.019.194.339.318.44
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.120.110.230.110.12
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.243.216.792.753.833.58
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%9%10%22%10%11%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
53%38%61%25%35%33%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$1,212,765$1,181,572$511,569$344,860$306,211
Receivables, inventories, prepaids$731,844$1,589,953$587,838$606,488$541,205
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,944,609$2,771,525$1,099,407$951,348$847,416
Long-term investments$0$0$0$0$0
Fixed assets$740,153$198,199$66,437$76,030$82,337
Other long-term assets$0$0$5,017$2,590$5,465
Total long-term assets$740,153$198,199$71,454$78,620$87,802
Total assets$2,684,762$2,969,724$1,170,861$1,029,968$935,218
 
Liabilities20192018201720162015
Payables and accrued expenses$242,831$292,043$253,614$102,156$100,406
Other current liabilities$0$9,550$0$0$0
Total current liabilities$242,831$301,593$253,614$102,156$100,406
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$242,831$301,593$253,614$102,156$100,406
 
Net assets20192018201720162015
Without donor restrictions$1,879,689$1,749,676$397,959$256,916$301,791
With donor restrictions$562,242$918,455$519,288$670,896$533,021
Net assets$2,441,931$2,668,131$917,247$927,812$834,812
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$6,702,430$6,119,394$3,832,722$2,742,762$2,220,443
Program service revenue$0$13,309$23,940$28,827$51,321
Membership dues$0$0$0$0$0
Investment income$5,081$0$49$2,178$1,806
Other revenue($33,545)($14,611)($22,135)($18,831)$167,459
Total other revenue($28,464)($1,302)$1,854$12,174$220,586
Total revenue$6,673,966$6,118,092$3,834,576$2,754,936$2,441,029
 
Expenses20192018201720162015
Program services$5,289,983$3,293,083$2,683,073$1,967,831$1,844,049
Management and general$417,436$531,750$635,702$369,964$417,565
Fundraising$649,033$542,375$371,315$322,977$244,730
Total expenses$6,356,452$4,367,208$3,690,090$2,660,772$2,506,344
 
Change in net assets20192018201720162015
Surplus (deficit)$317,514$1,750,884$144,486$94,164($65,315)
Other changes in net assets$0$0$0$0$0
Total change in net assets$317,514$1,750,884$144,486$94,164($65,315)

Compensation

NameTitleCompensation
Justin NarducciPresident/CEO$174,679
David LevanTreasurer/COO$25,884

Compensation data as of: 12/31/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/29/2021. To update the information below, please email: info@ministrywatch.com


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