Lake Geneva Foundation

The information on this page was last updated 1/5/2024. If you see errors or omissions, please email: [email protected]


Summary

Lake Geneva Youth Camp & Conference Center and Conference Point Center exist to provide a place set apart for campers and guests to have life-changing experiences. We operate throughout the year serving over 28,000 young people, families and adults annually, supported by a volunteer staff of over 400 dedicated individuals. Our camp programs serve individual families, and our conference centers serve church and church-affiliated ministries.

Our carefully selected and trained staff desire to give campers and guests the time of their lives in a safe, nurturing environment. It is a place surrounded by God's beautiful creation, filled with intense fun, and packed with real life experiences, challenges and relationships that draw people closer to God. Lifelong friendships are developed. New skills areas are learned. Memories that last a lifetime are made. And first and foremost, the deeds and words of Jesus Christ are taught in relevant ways that will impact lives. We strive for excellence in all we do, and endeavor to give the honor and glory to our Lord and Savior Jesus Christ.


Contact information

Mailing address:
Lake Geneva Foundation
W2655 W. South St
Lake Geneva, WI 53147

Website: lgyc.org

Phone: (262) 248-5500

Email: [email protected]


Organization details

EIN: 390922378

CEO/President: Christiaan Snedeker

Chairman: Gary Meisner

Board size: 12

Founder:

Ruling year: 1951

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2009


Purpose

The Lake Geneva Foundation operates a youth camp and conference center for the purpose of providing a place where children, young people, adults, and families can come to know about and experience the love of God through its programs and staff.


Mission statement

Our mission is to share the Gospel with young people and families through camping and retreat experiences.


Statement of faith

We believe the Bible to be the inspired, the only infallible, authoritative Word of God.

We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.

We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.

We believe that for the salvation of lost and sinful people, regeneration by the Holy Spirit is absolutely essential.

We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.

We believe in the resurrection of both the saved and the lost: they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.

We believe in the spiritual unity of believers in our Lord Jesus Christ - Holding the Scriptures as our final authority, Lake Geneva Foundation (LGYC and CPC) believes in a biblical view of sexual purity prior to marriage, faithfulness within the context of marriage, and that marriage is defined as a union between one man and one woman.

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Camps/Conference Centers

CategoryRatingOverall rankSector rank
Overall efficiency rating54 of 11134 of 36
Fund acquisition rating120 of 11146 of 37
Resource allocation rating19 of 11142 of 37
Asset utilization rating400 of 111314 of 36

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%0%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
36%29%35%49%25%47%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
64%71%65%51%75%53%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%99%99%99%99%99%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%83%85%82%100%119%
Program output ratio Program output ratio =
Program services /
Total revenue
72%83%84%81%100%117%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%17%15%18%0%-19%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%11%10%13%0%-26%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%1%1%1%1%1%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.350.490.460.520.731.28
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.592.173.263.414.223.94
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.481.071.501.783.075.03
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.5115.097.475.703.445.06
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.150.070.130.180.290.20
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.9010.506.945.582.771.92
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%15%14%14%24%22%
Debt ratio Debt ratio =
Debt /
Total assets
0%12%10%9%13%16%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
221%173%188%164%104%61%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$1,997,211$1,399,151$1,118,009$878,674$937,535
Receivables, inventories, prepaids$421,790$15,100$119,709$93,437$74,921
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,419,001$1,414,251$1,237,718$972,111$1,012,456
Long-term investments$153,171$184,997$185,611$313,686$219,730
Fixed assets$2,015,893$2,271,379$2,569,842$2,819,604$2,757,774
Other long-term assets$655,377$745,417$223,057$0$0
Total long-term assets$2,824,441$3,201,793$2,978,510$3,133,290$2,977,504
Total assets$5,243,442$4,616,044$4,216,228$4,105,401$3,989,960
 
Liabilities20222021202020192018
Payables and accrued expenses$67,136$93,897$127,595$167,102$124,620
Other current liabilities$93,144$95,467$89,439$115,866$75,626
Total current liabilities$160,280$189,364$217,034$282,968$200,246
Debt$622,500$445,115$391,147$543,160$640,145
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$171,157$31,629
Total long-term liabilities$622,500$445,115$391,147$714,317$671,774
Total liabilities$782,780$634,479$608,181$997,285$872,020
 
Net assets20222021202020192018
Without donor restrictions$3,263,684$2,921,510$2,566,222$2,518,739$2,528,563
With donor restrictions$1,196,978$1,060,055$1,041,825$589,377$589,377
Net assets$4,460,662$3,981,565$3,608,047$3,108,116$3,117,940
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$896,947$866,528$1,319,275$742,663$2,032,743
Program service revenue$1,860,588$1,193,841$961,254$2,171,573$2,193,614
Membership dues$0$0$0$0$0
Investment income$22,671$7,781($2,476)$24,004($7,113)
Other revenue$314,493$430,317$403,963$34,402$70,101
Total other revenue$2,197,752$1,631,939$1,362,741$2,229,979$2,256,602
Total revenue$3,094,699$2,498,467$2,682,016$2,972,642$4,289,345
 
Expenses20222021202020192018
Program services$2,561,254$2,100,790$2,180,451$2,970,572$5,022,431
Management and general$20,830$15,881$16,503$15,871$66,813
Fundraising$0$0$0$0$0
Total expenses$2,582,084$2,116,671$2,196,954$2,986,443$5,089,244
 
Change in net assets20222021202020192018
Surplus (deficit)$512,615$381,796$485,062($13,801)($799,899)
Other changes in net assets$0$0$0$0$0
Total change in net assets$512,615$381,796$485,062($13,801)($799,899)

Compensation

NameTitleCompensation
Christian SnedekerExecutive Director$109,890

Compensation data as of: 12/31/2022


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 1/5/2024. To update the information below, please email: [email protected]


History

Our history is a blending of two great camp legacies. Conference Point Center opened in 1873 and has been ministering to guests for over 139 years. Lake Geneva Youth Camp opened in 1950 with the purpose of sharing God's love to children in an environment away from the distractions of city life. Lake Geneva Conference Center began serving church and church-affiliated groups soon after the camp opened. Over the years, thousands of youth, teens, families and adults have been served through the ministries of LGYC/CC and CPC. 2010 saw a formal partnership between these two ministries under the leadership of Lake Geneva Foundation; joining the camps in a unified mission, vision and purpose.


Program accomplishments


Needs