Zola Levitt Ministries
The information on this page was last updated 3/30/2023. If you see errors or omissions, please email: [email protected]
Summary
Zola Levitt Ministries, Inc. is a non-profit 501(c)(3) organization guided by the standard of Romans 1:16 - "To the Jew first and also to the Gentile."
Contact information
Mailing address:
Zola Levitt Ministries
PO Box 12268
Dallas, TX 75225-5225
Website: levitt.com
Phone: (214) 696-8844
Email: [email protected]
Organization details
EIN: 751680391
CEO/President: Mark Levitt
Chairman: David Hitt
Board size: 6
Founder:
Ruling year: 1980
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2012
Purpose
Founded in 1979, we are principally a teaching and evangelistic association.
Mission statement
Statement of faith
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Evangelism
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 251 of 1118 | 11 of 49 | |
Fund acquisition rating | 108 of 1119 | 4 of 49 | |
Resource allocation rating | 453 of 1119 | 28 of 49 | |
Asset utilization rating | 595 of 1118 | 22 of 49 |
Financial ratios
Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 1% | 1% | 1% | 1% | 1% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 1% | 1% | 1% | 1% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 97% | 97% | 97% | 93% | 92% | 96% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 1% | 1% | 1% | 1% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 3% | 3% | 3% | 7% | 8% | 4% |
Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 81% | 84% | 83% | 81% | 81% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 80% | 104% | 112% | 91% | 104% |
Program output ratio Program output ratio = Program services / Total revenue | 78% | 65% | 87% | 93% | 73% | 84% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 20% | -4% | -12% | 9% | -4% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | 32% | -5% | -16% | 12% | -6% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 18% | 15% | 16% | 18% | 18% |
Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.06 | 1.04 | 1.29 | 1.36 | 1.11 | 1.45 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.55 | 1.15 | 1.04 | 1.03 | 1.03 | 1.05 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.15 | 1.20 | 1.34 | 1.40 | 1.15 | 1.52 |
Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.24 | 4.83 | 12.99 | 12.02 | 12.32 | 11.07 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.09 | 0.21 | 0.08 | 0.08 | 0.08 | 0.09 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.92 | 7.94 | 8.26 | 7.84 | 9.63 | 7.16 |
Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 18% | 7% | 8% | 8% | 9% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 78% | 78% | 72% | 68% | 83% | 63% |
Financials
Balance sheet | |||||
Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Cash | $1,684,969 | $425,290 | $476,434 | $798,195 | $503,621 |
Receivables, inventories, prepaids | $140,698 | $116,125 | $136,770 | $148,000 | $145,161 |
Short-term investments | $1,059,786 | $1,698,113 | $1,742,417 | $1,617,394 | $1,410,162 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $2,885,453 | $2,239,528 | $2,355,621 | $2,563,589 | $2,058,944 |
Long-term investments | $5,533 | $3,639 | $16,627 | $71,188 | $72,877 |
Fixed assets | $6,670 | $9,338 | $12,007 | $0 | $804 |
Other long-term assets | $413,594 | $80,228 | $52,298 | $0 | $35,000 |
Total long-term assets | $425,797 | $93,205 | $80,932 | $71,188 | $108,681 |
Total assets | $3,311,250 | $2,332,733 | $2,436,553 | $2,634,777 | $2,167,625 |
Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
Payables and accrued expenses | $597,071 | $172,437 | $196,008 | $208,137 | $185,968 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $597,071 | $172,437 | $196,008 | $208,137 | $185,968 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
Total liabilities | $597,071 | $172,437 | $196,008 | $208,137 | $185,968 |
Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Without donor restrictions | $2,714,179 | $2,160,296 | $2,240,545 | $2,426,640 | $1,981,657 |
With donor restrictions | $0 | $0 | $0 | $0 | $0 |
Net assets | $2,714,179 | $2,160,296 | $2,240,545 | $2,426,640 | $1,981,657 |
Revenues and expenses | |||||
Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
Total contributions | $4,209,671 | $2,802,629 | $2,742,729 | $2,971,052 | $2,880,760 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $65,451 | $84,174 | $78,606 | $67,786 | $58,358 |
Other revenue | $57,171 | ($668) | $132,196 | $201,003 | $76,449 |
Total other revenue | $122,622 | $83,506 | $210,802 | $268,789 | $134,807 |
Total revenue | $4,332,293 | $2,886,135 | $2,953,531 | $3,239,841 | $3,015,567 |
Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
Program services | $2,811,106 | $2,514,454 | $2,750,373 | $2,377,529 | $2,542,768 |
Management and general | $613,826 | $464,008 | $529,536 | $537,921 | $568,430 |
Fundraising | $35,000 | $23,384 | $24,382 | $21,135 | $26,731 |
Total expenses | $3,459,932 | $3,001,846 | $3,304,291 | $2,936,585 | $3,137,929 |
Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Surplus (deficit) | $872,361 | ($115,711) | ($350,760) | $303,256 | ($122,362) |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $872,361 | ($115,711) | ($350,760) | $303,256 | ($122,362) |
Compensation
Name | Title | Compensation |
Mark Levitt | Sec/Treasurer | $144,160 |
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 3/30/2023. To update the information below, please email: [email protected]
History
Program accomplishments
Our national television program, Our Jewish Roots (formerly Zola Levitt Presents), airs on nearly a hundred independent stations and teaches the Bible with an emphasis on Israel, prophecy, and the Jewish roots of Christianity.
Our free monthly Levitt Letter newsletter users gives a concise Biblical perspective with updates on recent events in Israel. The Levitt Letter is mailed to more than 40,000 households and 9,400 online per month.
Our Institute of Jewish-Christian Studies correspondence course teaches the Jewish roots of the Christian faith to more than 3,000 currently-enrolled students.
Our online store carries a large number of teaching materials.
We offer two tours each year to Israel and Petra in Jordan, with an option to visit Greece and Ephesus in Turkey in the fall only.
We offer speakers for churches, civic groups, university conferences and the like to speak on the subject of the Holy Land, End-times Prophecy, and general bible discussions.