Lydia Home Association

The information on this page was last updated 1/1/2023. If you see errors or omissions, please email: [email protected]


Summary

Lydia Home Association is a Christian, non-profit organization that has been serving children in Chicago since 1916. Our programs are meant to both serve youth in care and be a blessing to our local community.


Contact information

Mailing address:
Lydia Home Association
4300 West Irving Park Road
Chicago, IL 60641

Website: lydiahome.org

Phone: 773-355-5577

Email: [email protected]


Organization details

EIN: 361412810

CEO/President: Dr. David Anderson

Chairman: John Phillips

Board size: 12

Founder: Ladies Aid Society

Ruling year: 1942

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2009


Purpose

LYDIA provides HOPE, HEALING, and HOME to children in foster care.

HOPE is a future. Lydia empowers kids exposed to trauma to believe in a brighter tomorrow.

HEALING is the restoration of God-given dignity. Lydia provides an integrated, holistic approach to help children recover from the emotional, physical and/or sexual abuse they've endured.

HOME is finding a child's forever family. For those who live at Lydia, home means a safe and nurturing environment for them to grow.


Mission statement

Our mission is to strengthen families to care for children and to care for children when families cannot. Our programs are meant to both serve youth in care and be a blessing to our local community.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Adoption/Foster Care

CategoryRatingOverall rankSector rank
Overall efficiency rating210 of 10768 of 34
Fund acquisition rating535 of 107715 of 34
Resource allocation rating217 of 10778 of 34
Asset utilization rating241 of 10769 of 34

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%11%16%29%29%29%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%1%1%3%3%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
63%8%8%10%11%14%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%1%1%3%3%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
37%92%92%90%89%86%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%87%88%87%86%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
91%95%96%101%92%116%
Program output ratio Program output ratio =
Program services /
Total revenue
73%83%85%89%79%101%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
9%5%4%-1%8%-16%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
10%13%10%-4%23%-55%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%12%10%10%11%9%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.851.501.562.172.162.78
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.331.271.261.401.431.56
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.351.891.963.023.094.33
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.403.073.873.253.392.67
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.330.260.310.300.37
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.414.274.532.752.741.74
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%44%42%22%21%30%
Debt ratio Debt ratio =
Debt /
Total assets
0%18%21%0%0%6%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
99%38%37%36%37%25%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$1,996,560$1,751,384$687,534$606,423$297,031
Receivables, inventories, prepaids$1,016,867$711,945$536,788$658,090$501,364
Short-term investments$725,859$716,647$695,154$656,790$781,750
Other current assets$0$0$0$0$0
Total current assets$3,739,286$3,179,976$1,919,476$1,921,303$1,580,145
Long-term investments$0$0$0$0$0
Fixed assets$997,498$828,606$760,488$823,621$880,106
Other long-term assets$0$0$0$0$0
Total long-term assets$997,498$828,606$760,488$823,621$880,106
Total assets$4,736,784$4,008,582$2,679,964$2,744,924$2,460,251
 
Liabilities20212020201920182017
Payables and accrued expenses$978,106$698,619$591,233$567,063$591,150
Other current liabilities$239,190$123,906$0$0$0
Total current liabilities$1,217,296$822,525$591,233$567,063$591,150
Debt$851,065$855,120$3,930$3,742$153,224
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$851,065$855,120$3,930$3,742$153,224
Total liabilities$2,068,361$1,677,645$595,163$570,805$744,374
 
Net assets20212020201920182017
Without donor restrictions$2,522,997$2,121,368$1,720,173$1,485,746$1,027,504
With donor restrictions$145,426$209,569$364,628$688,373$688,373
Net assets$2,668,423$2,330,937$2,084,801$2,174,119$1,715,877
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$600,809$546,777$586,084$706,436$823,109
Program service revenue$6,802,611$5,882,142$5,123,259$5,173,518$5,063,726
Membership dues$0$0$0$0$0
Investment income$30,269$37,373$36,001$624,841$30,008
Other revenue$0$9,289($21,381)($67,552)($22,766)
Total other revenue$6,832,880$5,928,804$5,137,879$5,730,807$5,070,968
Total revenue$7,433,689$6,475,581$5,723,963$6,437,243$5,894,077
 
Expenses20212020201920182017
Program services$6,143,431$5,508,534$5,074,632$5,086,694$5,965,743
Management and general$871,125$645,109$561,246$638,005$637,483
Fundraising$68,572$86,069$168,083$207,581$235,821
Total expenses$7,083,128$6,239,712$5,803,961$5,932,280$6,839,047
 
Change in net assets20212020201920182017
Surplus (deficit)$350,561$235,869($79,998)$504,963($944,970)
Other changes in net assets$0$0$0$0$0
Total change in net assets$350,561$235,869($79,998)$504,963($944,970)

Compensation

NameTitleCompensation
David AndersonPresident & Executive Director$84,708

Compensation data as of: 6/30/2020


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 1/1/2023. To update the information below, please email: [email protected]


History

In 1913, the Ladies Aid Society of the Salem Evangelical Free Church of Chicago felt the need to carry out God's command of caring for the fatherless. They decided that each month they would mend and sew clothing for children who lived in orphanages. As they distributed the clothing the ladies became aware that these orphanages where filled to capacity. It was evident to them that God was calling them to go further than just mend and sew clothing - He wanted them to provide a home for children who had no one to care for them. The ladies responded to God's calling and in 1916, the charter for LYDIA Children's Home Society was formed.

In 1917, tragedy struck one of the ladies within the Ladies Aid Society. Dora Ogne was struck ill with Scarlet Fever and died, leaving her husband Andrew to care for seven children. Andrew knew of the Ladies Aid Society desire to start an orphanage, he went to them with an offer of giving his home to the society to start their orphanage if they would help care for his children. As a result, the vision for LYDIA Children's Home had become a reality with seven children.

The next 2 years - LYDIA Children's Home found it essential to purchase two more homes to provide for the many children that God continued to place in their care. In 1920, the property at 4300 West Irving Park Road was purchased as a larger, permanent home for LYDIA's children.

Today, over 100 years later, LYDIA remains committed to providing Hope, Healing and Home to children in the foster care community. The challenges we face are great, but we are grateful for the sacred privilege to serve with the aim of improving children's lives and providing opportunities for families to be restored.

LYDIA Home Association was named after a woman in the Bible recorded in the book of Acts. The woman, Lydia, was a faithful, God-fearing woman who opened her home to those who needed shelter. (Acts 16:14-15)


Program accomplishments

Our residential Treatment Program is consistently ranked as a Level 1 program, the highest possible rating granted by DCFS.


Needs