Life in Abundance International

The information on this page was last updated 5/25/2023. If you see errors or omissions, please email: [email protected]


Summary

We empower local churches in Africa and the Caribbean to serve the poor and vulnerable, creating sustainable transformation in their communities.


Contact information

Mailing address:
Life in Abundance International
PO Box 660367
Dallas, TX 75266-0367

Website: lifeinabundance.org

Phone: 502-749-7691

Email: [email protected]


Organization details

EIN: 020587875

CEO/President: Dr. Hesbone Kang'e / Dr. Florence Muindi

Chairman: Sammy Mwangi

Board size: 13

Founder: Dr. Florence Muindi

Ruling year: 2002

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2008


Purpose

We see a day when the world's most vulnerable and marginalized have life, and have it in abundance.


Mission statement

We empower local churches to serve the poor and vulnerable, creating sustainable transformation in their communities.


Statement of faith

LIA strictly adheres to the Lausanne Covenant for World Evangelization: As it states, we believe and affirm the authority and power of the Bible, the explained purpose of God, the uniqueness and universality of Christ, the call to evangelize, Christian social responsibility, the necessity of discipleship, the reality of spiritual warfare, freedom of worship, the power of the Holy Spirit, and the return of Christ.

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating851 of 111491 of 123
Fund acquisition rating518 of 111561 of 123
Resource allocation rating852 of 111591 of 123
Asset utilization rating809 of 111477 of 123

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%5%5%9%4%11%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%5%5%8%4%11%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%101%100%99%99%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%6%5%5%5%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%-1%0%1%1%2%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%78%80%81%84%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%86%100%156%88%161%
Program output ratio Program output ratio =
Program services /
Total revenue
85%68%80%127%73%131%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%14%0%-56%12%-61%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%28%0%-83%17%-19%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%16%15%13%12%12%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.381.041.321.260.810.42
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.301.521.791.911.473.31
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.281.582.362.411.191.40
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
18.2034.5334.0187.83147.41183.68
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.030.030.010.010.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.057.374.944.919.988.51
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%39%45%45%33%17%
Debt ratio Debt ratio =
Debt /
Total assets
0%38%43%45%32%16%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
62%58%42%43%83%197%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$210,398$170,641$291,024$479,831$708,174
Receivables, inventories, prepaids$1,567,204$1,083,093$943,762$1,977,729$1,019,221
Short-term investments$0$61,172$59,919$74,586$306,081
Other current assets$0$0$0$0$0
Total current assets$1,777,602$1,314,906$1,294,705$2,532,146$2,033,476
Long-term investments$105,485$221,136$357,469$380,665$328,806
Fixed assets$0$0$0$0$3,539,981
Other long-term assets$817,016$820,911$820,849$813,848$819,200
Total long-term assets$922,501$1,042,047$1,178,318$1,194,513$4,687,987
Total assets$2,700,103$2,356,953$2,473,023$3,726,659$6,721,463
 
Liabilities20232022202120202019
Payables and accrued expenses$51,478$38,668$14,741$17,178$11,071
Other current liabilities$0$0$0$0$0
Total current liabilities$51,478$38,668$14,741$17,178$11,071
Debt$1,013,773$1,015,191$1,109,053$1,195,642$1,104,520
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$5,562$0$0$0
Total long-term liabilities$1,013,773$1,020,753$1,109,053$1,195,642$1,104,520
Total liabilities$1,065,251$1,059,421$1,123,794$1,212,820$1,115,591
 
Net assets20232022202120202019
Without donor restrictions$27,362($227,613)($83,769)$608,605$4,032,212
With donor restrictions$1,607,490$1,525,145$1,432,998$1,905,234$1,573,660
Net assets$1,634,852$1,297,532$1,349,229$2,513,839$5,605,872
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$3,307,619$3,091,320$1,987,708$3,407,392$1,729,936
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income($43,654)$2,518$11,962$37,930$16,449
Other revenue$0$0$1,500$0$25,592
Total other revenue($43,654)$2,518$13,462$37,930$42,041
Total revenue$3,263,965$3,093,838$2,001,170$3,445,322$1,771,977
 
Expenses20232022202120202019
Program services$2,204,908$2,480,398$2,537,881$2,528,656$2,318,158
Management and general$437,671$454,236$419,268$348,087$343,873
Fundraising$168,415$165,608$169,428$145,753$190,520
Total expenses$2,810,994$3,100,242$3,126,577$3,022,496$2,852,551
 
Change in net assets20232022202120202019
Surplus (deficit)$452,971($6,404)($1,125,407)$422,826($1,080,574)
Other changes in net assets$0$0$0$0$0
Total change in net assets$452,971($6,404)($1,125,407)$422,826($1,080,574)

Compensation

NameTitleCompensation
Carley BuckinghamExecutive Director$74,980

Compensation data as of: 12/31/2023


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 5/25/2023. To update the information below, please email: [email protected]


History

On April 17, 1993, Dr. Florence Muindi was given a vision to mobilize the local church to restore health, renew hope, and inspire lasting transformation for Africa's most vulnerable children and families. In April 1995, together with her family, Dr. Florence Muindi took the first step in the journey that has led to the establishment of Life In Abundance by leaving behind her career to go into the mission field -then under the support of another mission agency.

1996 - Dr. Muindi piloted her first sustainable development program among the Maasai in rural Kenya.

1999 - LIA was formally established as a non-profit development organization in Ethiopia.

2002 - LIA was officially incorporated in the USA as a 501(c)(3) non-profit.

2004 - LIA was formally recognized as an NGO in Kenya.

2006 - LIA expanded its transformational development efforts to Egypt and the Horn of Africa region.

2008 - LIA formalized its non-profit status in South Sudan.

2009 - LIA was formally established in North Sudan (now Sudan).

2012 - LIA began piloting work in Jamaica and Haiti

2013 - LIA formalized status in Jamaica and established the LIA Training Center Jamaica.

2015 - LIA hired Urban Initiatives to conduct a thorough study of 6 communities we had phased out of.

2017 - LIA appointed a director in the United Kingdom and the support office there was established.

2018 - Blue Wings Limited, LIA's for-profit aviation company, was launched to support the mission of LIA.

2019 - LIA officially launched a European support office in Switzerland, in line with a vision to partner closely with the US, UK, and Europe.

Today - LIA has over 100 staff partnering with more than 150 local churches and 50 communities across 14 countries in Africa and the Caribbean.


Program accomplishments

Life In Abundance is an African-founded, African-led, and faith-based community development organization. For over 25 years, LIA has been serving to empower those in need, seeing God change the lives of individuals and whole communities through the local church. Our trainings and programs have impacted more than a million people.


Needs