Loving Grace Ministries

The information on this page was last updated 7/7/2022. If you see errors or omissions, please email: info@ministrywatch.com


Summary

Home of the Let's Talk about Jesus radio program, Loving Grace is a Christ-Centered Ministry that has been proclaiming the One True Gospel since 1977.


Contact information

Mailing address:
Loving Grace Ministries
PO Box 500
Lafayette, NJ 07848-0500

Website: www.lovinggrace.org

Phone: 1-800-480-1638

Email: loving@lovinggrace.org


Organization details

EIN: 521160024

CEO/President: Rev. Wayne Monbleau

Chairman: Lisa Prokopowitz

Board size: 6

Founder: Rev. Wayne Monbleau

Ruling year: 1980

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1987


Purpose


Mission statement

Loving Grace expresses its mission as follows:

"The ministry's express purpose is to disseminate the teachings of Jesus Christ throughout the world."


Statement of faith

Loving Grace Ministries subscribes to the following statement of faith:

We believe in One God (Isaiah 44:6) manifest in three, distinct personalities: that of Father (Psalm 68:5), Son (Hebrews 1:8), and Holy Spirit (Acts 5:3-4).

We believe in the historical virgin birth of Jesus Christ (Luke 1:34-35), His death upon the cross at Calvary where He paid for the sins of the world through His own blood, once for all (Hebrews 9:26, 10:12) and His physical resurrection from the dead (Luke 24:39) followed forty days later by His ascension into Heaven (Acts 1:37).

We believe "all have sinned and have fallen short of the glory of God" (Romans 3:23) and are therefore separate from God and in need of a Savior (Hebrews 9:22). Through one's personal acceptance of Jesus Christ, specifically His death, atonement, and resurrection; salvation from sin and fellowship with the indwelling Christ is established (Romans 10:9, Col. 1:27).

We believe in the personal:indwelling of the Holy Spirit which is granted to every believer at the moment of their new birth into the kingdom of God (John 3:3 & 6, Romans 8:15- 16). We believe in the necessity of continuously being filled with the Spirit of God through a conscious yielding to Him (Ephesians 5:18). We also believe in and accept the present day existence of all the gifts of the Holy Spirit (Ist Corinthians 12:4- 14, Hebrews 13:8- I 0).

We believe and accept the Bible as the inspired, inerrant Word of God, written by the Holy Spirit through the agency of man (2nd Tim 3:16, 2nd Peter 1:20-2 I).

We believe in the literal future second coming of Jesus Christ (Rev. 22:12- 13).

We believe in and accept as our responsibility the great commission to "go into all the world and preach the Gospel to all creation" (Mark 16:15).

We believe in "preserving the unity of the Spirit" in the Body of Christ (Ephesians 4:3) through: accepting our brothers and sisters in Christ just as He accepted us (Romans 15:7), accepting differences within the Body of Christ, realizing God works His way in each of His children as He wills (Romans 14, Philippians 2:13) and through keeping "our eyes fixed upon Jesus" (Hebrews 12:2)", not allowing doctrinal disputes, quarrels, or speculations to separate us (2nd Timothy 2:23-24, Titus 3:9).

We believe in "presenting every person complete in Christ" (Colossians 1:28), that it is Christ Who personally lives His life through us (Galatians 2:20), that the "laws of God are fulfilled in us who believe" (Romans 3:4, 10:4), and that experiential victory in Christ is not achieved through our own efforts, but through realizing His finished work and subsequent power which works all things in us (2nd Corinthians 12:9-10, Colossians 1:27, Philippians 2:13, Ist Corinthians 15:10, Hebrews 13:21, Ephesians 2:8- I 0).

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Educational Media

CategoryRatingOverall rankSector rank
Overall efficiency rating392 of 103120 of 53
Fund acquisition rating735 of 103334 of 53
Resource allocation rating548 of 103331 of 53
Asset utilization rating82 of 10314 of 53

Click here to read Loving Grace Ministries' response to our ratings


Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%11%11%11%12%11%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%10%11%11%11%10%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
94%97%96%99%95%94%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%10%10%11%11%10%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
6%3%4%1%5%6%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%78%78%77%79%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%101%105%103%103%99%
Program output ratio Program output ratio =
Program services /
Total revenue
74%79%82%79%81%77%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%-1%-5%-3%-3%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
10%-3%-11%-6%-6%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%12%12%12%11%12%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.882.002.031.891.871.56
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.333.794.223.984.073.53
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.777.578.577.507.605.52
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.093.052.543.113.374.06
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.330.390.320.300.25
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.691.070.851.091.111.64
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%9%9%8%8%10%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%1%3%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
84%46%45%49%49%58%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$71,051$65,755$88,530$94,224$129,939
Receivables, inventories, prepaids$57,411$53,352$50,033$47,972$46,413
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$128,462$119,107$138,563$142,196$176,352
Long-term investments$0$0$0$0$0
Fixed assets$358,200$383,897$411,800$435,105$444,706
Other long-term assets$0$0$750$1,500$2,250
Total long-term assets$358,200$383,897$412,550$436,605$446,956
Total assets$486,662$503,004$551,113$578,801$623,308
 
Liabilities20202019201820172016
Payables and accrued expenses$42,117$46,847$42,311$42,237$43,448
Other current liabilities$0$0$2,200$0$0
Total current liabilities$42,117$46,847$44,511$42,237$43,448
Debt$0$331$2,235$4,009$17,665
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$331$2,235$4,009$17,665
Total liabilities$42,117$47,178$46,746$46,246$61,113
 
Net assets20202019201820172016
Without donor restrictions$444,545$455,826$504,367$532,555$562,195
With donor restrictions$0$0$0$0$0
Net assets$444,545$455,826$504,367$532,555$562,195
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$936,341$934,100$997,803$1,001,283$926,899
Program service revenue$25,058$38,523$13,116$49,371$58,271
Membership dues$0$0$0$0$0
Investment income$2$3$3$8$5
Other revenue$0$0$0$0$0
Total other revenue$25,060$38,526$13,119$49,379$58,276
Total revenue$961,401$972,626$1,010,922$1,050,662$985,175
 
Expenses20202019201820172016
Program services$760,237$794,260$802,625$849,160$756,774
Management and general$114,018$120,622$126,953$114,394$116,715
Fundraising$98,429$106,285$109,532$116,748$99,718
Total expenses$972,684$1,021,167$1,039,110$1,080,302$973,207
 
Change in net assets20202019201820172016
Surplus (deficit)($11,283)($48,541)($28,188)($29,640)$11,968
Other changes in net assets$0$0$0$0$0
Total change in net assets($11,283)($48,541)($28,188)($29,640)$11,968

Compensation

NameTitleCompensation
Wayne MonbleauPresident$90,013

Compensation data as of: 12/31/2020


Response from ministry

Re: Loving Grace Ministries, Inc.

June 21, 2001

Gentlemen:

The readers of any general survey must be aware of the criteria employed, the data submitted, the population surveyed, and the measurement standards in order to properly evaluate the results. All ministries cannot be judged by the same criteria. Ministries vary substantially by type, size, objective, organizational structure, personnel, location, etc.

The source data used to evaluate the population is a product of judgement and subjective determination. Allocation of expenses to program, fundraising, or administrative categories is not an exact science. Also the criteria for allocation used and the methodologies employed are not necessarily consistently applied from ministry to ministry. Some ministries may not be properly allocating a portion of their costs to fundraising and administration. SFAS No. 117 requires all non profit organizations to provide information about expenses reported by their classification and joint costs must be allocated.

A few "five star" rated companies had "no" fundraising expenses and very limited amounts allocated to management expenses. The grading system seems to indicate that income from other than contributions is undesirable. The "other income" for Loving Grace consist of revenue from the sales of tapes, compact discs, books, Bibles and proceeds from retreats, all of which are for worship and spiritual growth. The Ministry does not attempt to make a substantial profit on these activities. These activities are all a component part of the ministry's objective to spread the gospel.

In addition, the reader should be aware that the rating system attempts to quantify efficiencies by making a comparison to a population average. The population varies in too many characteristics to draw an accurate conclusion.

Loving Grace has taken its stewardship seriously. Annual audits of financial statements by an independent certified public accounting firm are conducted. The Ministry is a member in good standing of the Evangelical Council for Financial Accountability (ECFA). Board members are committed to attendance at regular meetings and minutes are accurately maintained. Steps are taken on a regular basis to streamline costs where applicable but without jeopardizing the purpose of the Ministry. In fact, recently the Ministry employed some of its resources in state-of-the-art equipment to produce and distribute it's media products more efficiently. Also, the organizational structure was modified and employee responsibilities were better allocated resulting in more efficient and cost effective use of its human resources. The Ministry maintains a current position with its creditors and has no debt. The true test is that the Ministry is long lived and continues to grow by disseminating the teachings of Jesus Christ.

Very truly yours,

Richard Rausa & Associates, CPA, PA

Richard Rausa


The information below was provided to MinistryWatch by the ministry itself. It was last updated 7/7/2022. To update the information below, please email: info@ministrywatch.com


History

Loving Grace Ministries was founded in 1979 when Rev. Wayne Monbleau assumed stewardship of the live call-in prayer and counseling radio program he had been substitute host of for the previous two years. At that time "Let's Talk About Jesus" was broadcasting over one station, New York's WWDJ.

Recalling those days Wayne reflects, "I had no money, no staff, nor any knowledge of media ministry. But I did have a profound call to ministry (given within days of my being born again in 1972) and a great passion to share the Gospel of Jesus Christ's love for this lost and dying world. God had dramatically and graciously changed my life and I was compelled to reach out with the loving grace of our Good Shepherd in any way that I could."

Since 1979 "Let's Talk About Jesus" has continued to grow and evolve as a six day a week (Monday-Saturday) hour of fellowship, prayer, teaching and counsel that unites believers not only within our radio broadcast range of the northeastern corner of the United States, but now nationwide and worldwide through our website radio archive and podcasts and live streaming at our radio stations' websites (wfil.com, wlixradio.com, & wmca.com).

In 1989 Loving Grace Ministries moved its headquarters to northern New Jersey in order to serve in a more active capacity through personal ministry, hosting retreats, seminars and worship services within its primary broadcast areas.

Rev. Monbleau's Christ-centered yet down-to-earth approach in proclaiming the Gospel and New Covenant of Jesus Christ over the years has brought thousands to salvation and out of the bondage of guilt and condemnation and into the knowledge and ability of seeing themselves as beloved children of God. People most frequently attribute their own benefit from Wayne's counseling to his emphasis upon compassion, understanding, acceptance and forgiveness.

"Let's Talk About Jesus" has brought thousands to the realization and acceptance of Jesus Christ as Savior and has also ministered the JOY of a Christ-centered life to thousands more who had been caught in the frustrating downward spiral of trying to please God while always feeling they were not pleasing enough to God. Wayne also shares sound wisdom and reasoning concerning the need for tolerance and acceptance of differing practices within the body of Christ, so we may fulfill our Savior's request to be one with each other in order for this world to believe and for the church to be effectively made whole (John 17:23).

Wayne is a graduate of White Mountains Seminary and received his ordination in 1977.


Program accomplishments


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