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
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Camps/Conference Centers
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 51 of 1118 | 5 of 36 |
| Fund acquisition rating | | 132 of 1119 | 8 of 37 |
| Resource allocation rating | | 13 of 1119 | 2 of 37 |
| Asset utilization rating | | 384 of 1118 | 16 of 36 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
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 ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 99% | 99% | 99% | 99% | 99% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 83% | 85% | 82% | 100% | 119% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 83% | 84% | 81% | 100% | 117% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 17% | 15% | 18% | 0% | -19% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | 11% | 10% | 13% | 0% | -26% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 1% | 1% | 1% | 1% | 1% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.35 | 0.49 | 0.46 | 0.52 | 0.73 | 1.28 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.86 | 2.17 | 3.26 | 3.41 | 4.22 | 3.94 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.51 | 1.07 | 1.50 | 1.78 | 3.07 | 5.03 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 5.08 | 15.09 | 7.47 | 5.70 | 3.44 | 5.06 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.20 | 0.07 | 0.13 | 0.18 | 0.29 | 0.20 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.90 | 10.50 | 6.94 | 5.58 | 2.77 | 1.92 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 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 | 214% | 173% | 188% | 164% | 104% | 61% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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
| Name | Title | Compensation |
| Christian Snedeker | Executive 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.