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
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 851 of 1114 | 91 of 123 |
| Fund acquisition rating | | 518 of 1115 | 61 of 123 |
| Resource allocation rating | | 852 of 1115 | 91 of 123 |
| Asset utilization rating | | 809 of 1114 | 77 of 123 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
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 ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
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 ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.38 | 1.04 | 1.32 | 1.26 | 0.81 | 0.42 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.30 | 1.52 | 1.79 | 1.91 | 1.47 | 3.31 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.28 | 1.58 | 2.36 | 2.41 | 1.19 | 1.40 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.20 | 34.53 | 34.01 | 87.83 | 147.41 | 183.68 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.03 | 0.03 | 0.01 | 0.01 | 0.01 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.05 | 7.37 | 4.94 | 4.91 | 9.98 | 8.51 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
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 | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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
| Name | Title | Compensation |
| Carley Buckingham | Executive 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.