The LAMB Institute

The information on this page was last updated 3/30/2023. If you see errors or omissions, please email: [email protected]


Summary

LAMB is a Christ-centered, multifaceted ministry based in Tegucigalpa, Honduras. We seek to share the hope found in Christ Jesus as we care for, educate, protect, and empower those suffering extreme poverty, abuse, and exploitation in Honduras. LAMB was founded in 1999 by lifelong missionary, Suzy McCall, as a training school for Hondurans called to world mission.


Contact information

Mailing address:
The LAMB Institute
Post Office Box 2557
Mount Pleasant, SC 29465

Website: lambinstitute.org

Phone: (843) 442-9306

Email: [email protected]


Organization details

EIN: 571086826

CEO/President: Margaret Merritt

Chairman: Maybank Haygood

Board size: 7

Founder: Suzy McCall

Ruling year: 2001

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2011


Purpose

We will follow the Lamb wherever He goes. (Rev. 14:4)


Mission statement

LAMB (US) acts in partnership with LAMB (Honduras) to accomplish their mission of sharing the hope found in Christ Jesus as they care for, educate, protect, and empower those suffering extreme poverty, abuse, and exploitation in Honduras. We exist to give glory to God by sharing what He is doing through His servants in Honduras, by praying with and for them, by providing financial resources and oversight, and by extending opportunities for churches and individuals to join in His work.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating451 of 107748 of 140
Fund acquisition rating417 of 107860 of 140
Resource allocation rating412 of 107835 of 140
Asset utilization rating651 of 107781 of 140

Financial ratios

Funding ratiosSector median202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%4%6%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%4%6%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%92%100%101%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%6%6%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%8%0%-1%
 
Operating ratiosSector median202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%90%87%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%59%109%94%
Program output ratio Program output ratio =
Program services /
Total revenue
75%53%95%81%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%41%-9%6%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
15%65%-21%14%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%4%7%8%
 
Investing ratiosSector median202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.150.942.642.09
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.181.001.001.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.640.942.642.09
 
Liquidity ratiosSector median202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
23.96433.13137.45164.45
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.040.000.010.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.6812.704.515.71
 
Solvency ratiosSector median202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
6%1%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
82%105%38%48%

Financials

Balance sheet
 
Assets202020192018
Cash$1,694,554$595,924$721,444
Receivables, inventories, prepaids$1,150$1,150$1,460
Short-term investments$0$0$0
Other current assets$0$0$0
Total current assets$1,695,704$597,074$722,904
Long-term investments$0$0$0
Fixed assets$0$0$0
Other long-term assets$0$0$0
Total long-term assets$0$0$0
Total assets$1,695,704$597,074$722,904
 
Liabilities202020192018
Payables and accrued expenses$3,915$4,344$4,396
Other current liabilities$0$0$0
Total current liabilities$3,915$4,344$4,396
Debt$0$0$0
Due to (from) affiliates$0$0$0
Other long-term liabilities$5,612$0$0
Total long-term liabilities$5,612$0$0
Total liabilities$9,527$4,344$4,396
 
Net assets202020192018
Without donor restrictions$352,440$266,076$280,383
With donor restrictions$1,333,737$326,655$438,125
Net assets$1,686,177$592,730$718,508
 
Revenues and expenses
 
Revenue202020192018
Total contributions$2,468,108$1,457,134$1,621,935
Program service revenue$10,440$0$0
Membership dues$0$0$0
Investment income$2,529$3,931$209
Other revenue$211,488($10,752)($9,104)
Total other revenue$224,457($6,821)($8,895)
Total revenue$2,692,565$1,450,313$1,613,040
 
Expenses202020192018
Program services$1,439,196$1,370,957$1,308,247
Management and general$60,145$112,470$121,765
Fundraising$99,778$92,663$81,083
Total expenses$1,599,119$1,576,090$1,511,095
 
Change in net assets202020192018
Surplus (deficit)$1,093,446($125,777)$101,945
Other changes in net assets$0$0$0
Total change in net assets$1,093,446($125,777)$101,945

Compensation

Compensation data for this ministry has not been collected.


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 3/30/2023. To update the information below, please email: [email protected]


History

For a timeline, visit: https://lambinstitute.org/our-story/


Program accomplishments


Needs