Lowell Lundstrom Ministries, Inc.

Transparency
Grade:

Rating
Sector:

Educational Media

5 Star Financial
Efficiency Rating:

Total
Revenue:

$2,342,689

Total
Expenses:

$2,452,740

Net
Assets:

$3,855,407

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Profile Contents

Organizational Details
Ministry Purpose
Program Accomplishments
Statement of Faith
History
Ministry Needs

Research Analysis

Transparency Grade
MinistryWatch.com 5 Star Financial Efficiency Ratings

Financial Information

Financial Ratios
Balance Sheet, Revenue and Assets
Functional Expenses

	Database Avg	This Ministry
Program	83.7%	82.5%
General & Admin	12.6%	15.3%
Fundraising	6.8%	6%
Savings	-4.3%	-4.6%

Age Size Box:

	>50
Yr(s)	25-50
	<25
		<$1m	$1m- $5m	>$5m

Summary

Through music and messages based on the Bible, Lowell Lundstrom Ministries, Inc. (founded in1964) conducts services in auditoriums and churches throughout the United States and Canada. Working with local churches, pastors, and lay people, Lowell Lundstrom Ministries encourages new converts to become part of a local church or Bible Study Group. Lowell Lundstrom Ministries also does business as "Celebration Church" - 16655 Kenyon Ave, Lareville, MN 55044, "Fresh Rain" - 5128 Luverne Ave., Minneapolis, MN 55419, "Impact America" - 1009 16th St. NE, Willmar, MN 56201, and "Lovers for Life" - 1009 16th Street NE, Willmar, MN 56201. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Contact Information: [ Back to top ]

Mailing Address:	PO Box 4000 Sisseton, SD 57262-4000
Website:	www.lowell-lundstrom.com
Phone:	(605) 688-3937
Email:	You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 466017094

CEO/President:	Rev. Lowell Lundstrom	Tax Deductible:	Yes
Chairman:	Rev. Lowell Lundstrom	Fiscal Year End:	December 31
Board Size:	8	Financial info from:	990
Founder:		Member of ECFA:	Yes
Year Founded:	1964	Member of ECFA since:	1994

Purpose [ Back to top ]

Mission Statement [ Back to top ]

Need Mission Statement

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

Statement of Faith [ Back to top ]

This profile needs a statement of faith

History [ Back to top ]

Need History Info

Ministry Needs [ Back to top ]

This organization has not offered MinistryWatch.com with specific needs to be posted on the profile. At such a time that MinistryWatch.com receives a response from the ministry, it will be posted immediately.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria category	Grade	Other Comments
Timeliness:	100
Financial Information:	100
Foundational Clarity:
Level of Cooperation:

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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking Category	Overall Rank	Educational Media Sector
Overall Efficiency Rating	160 of 348	19 of 38
Fund Acquisition Decision	160 of 348	19 of 38
Resource Allocation Decision	of 348	12 of 38
Asset Utilization Decision	of 348	12 of 38

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Ministry Statement or Response [ Back to top ]

This organization has not offered MinistryWatch.com with an official statement or response for their profile. This area is meant as a mechanism for the profiled ministry to communicate anything they may choose. It is open ended as to the topic, issues, facts or news to address. It is not negative if there is no official statement as many don’t have anything to add than what is already on the profile. This section is not tied to transparency or to communication in general. Many very open and talkative ministries with us choose not to post an official statement. This section is just an open ended offering to the profiled ministry for anything extra to say as they may choose.

Financial Information:

Financial Ratios[ Back to top ]

Funding Ratios	Database Average	2010	2009	2008	2007	2006
Return on FR Efforts	10%	7%	8%	14%	7%	8%
Fundraising Cost Ratio	7%	6%	7%	11%	7%	7%
Contributions Reliance	83%	88%	85%	82%	94%	99%
Fundraising Expense Ratio	7%	6%	6%	9%	7%	7%
Other Revenue Reliance	17%	12%	15%	18%	6%	1%
Operating Ratios	Database Average	2010	2009	2008	2007	2006
Program Expense Ratio	80%	79%	78%	86%	82%	75%
Spending Ratio	104%	105%	113%	118%	89%	104%
Program Output Ratio	84%	83%	88%	101%	73%	78%
Savings Ratio	-4%	-5%	-13%	-18%	11%	-4%
Reserve Accumulation Rate	4%	-3%	-10%	-14%	11%	-3%
General & Admin Ratio	13%	15%	16%	5%	11%	18%
Investing Ratios	Database Average	2010	2009	2008	2007	2006
Total Asset Turnover	2.85x	.3x	.41x	.44x	.45x	.41x
Degree of L-T Investment	3.06x	14.53x	18.3x	13.01x	8.81x	21.79x
Current Asset Turnover	5.43x	4.29x	7.58x	5.78x	3.97x	8.88x
Age of Assets	10.5yr(s)	13.2yr(s)	9.5yr(s)	8.3yr(s)	6.9yr(s)	6.3yr(s)
Liquidity Ratios	Database Average	2010	2009	2008	2007	2006
Current Ratio	3276.63x	2.78x	3.7x	5.03x	11.43x	2.21x
Current Liabilities Ratio	.38x	.36x	.27x	.2x	.09x	.45x
Liquid Reserve Level	4.95x	1.79x	1.16x	1.66x	2.76x	.74x
Solvency Ratios	Database Average	2010	2009	2008	2007	2006
Liabilities Ratio	.3x	.54x	.53x	.52x	.49x	.54x
Debt Ratio	.07x	.5x	.5x	.49x	.47x	.49x
Reserve Coverage Ratio	81%	157%	112%	108%	112%	113%

Financials[ Back to top ]

Balance Sheet
Assets	2010	2009	2008	2007	2006
Cash	$459,846	$360,037	$530,973	$370,900	$216,622
Receivables, Inventories & Prepaids	$112,255	$104,460	$162,391	$743,265	$221,626
Short-Term Investments	$0	$0	$0	$0	$0
Total Current Assets	$572,101	$464,497	$693,364	$1,114,165	$438,248
Long-Term Investments	$0	$0	$0	$0	$0
Fixed Assets	$7,741,295	$8,034,484	$8,328,631	$8,702,701	$9,109,083
Other Long-Term Assets	$0	$0	$0	$0	$300
Total Long-Term Assets	$7,741,295	$8,034,484	$8,328,631	$8,702,701	$9,109,383
TOTAL ASSETS	$8,313,396	$8,498,981	$9,021,995	$9,816,866	$9,547,631
Liabilities	2010	2009	2008	2007	2006
Payables & Accrued Expenses	$152,842	$120,843	$135,728	$93,259	$77,960
Other Current Liabilities	$53,028	$4,632	$2,046	$4,239	$119,948
Total Current Liabilities	$205,870	$125,475	$137,774	$97,498	$197,908
Debt	$4,152,531	$4,263,579	$4,378,821	$4,573,655	$4,725,677
Other Long-Term Liabilities	$99,588	$151,045	$160,745	$184,806	$222,683
Total Long-Term Liabilities	$4,252,119	$4,414,624	$4,539,566	$4,758,461	$4,948,360
TOTAL LIABILITIES	$4,457,989	$4,540,099	$4,677,340	$4,855,959	$5,146,268
Assets	2010	2009	2008	2007	2006
Unrestricted	$2,892,352	$2,996,236	$3,369,831	$4,901,039	$4,341,495
Temporarily Restricted	$963,055	$962,646	$974,824	$59,868	$59,868
Permanently Restricted	$0	$0	$0	$0	$0
NET ASSETS	$3,855,407	$3,958,882	$4,344,655	$4,960,907	$4,401,363
Revenue and Expenses
Revenue	2010	2009	2008	2007	2006
Total Contributions	$2,071,959	$2,641,729	$2,786,317	$4,676,957	$3,716,080
Program Service Revenue	$257,025	$451,406	$587,141	$280,372	$10,283
Membership Dues	$0	$0	$0	$0	$0
Investment Income	$9,444	$14,087	$7,170	$16,508	$16,754
Other Revenue	$4,261	$15,364	$26,978	$1,207	($902)
Total Other Revenue	$270,730	$480,857	$621,289	$298,087	$26,135
TOTAL REVENUE	$2,342,689	$3,122,586	$3,407,606	$4,975,044	$3,742,215
Expenses	2010	2009	2008	2007	2006
Program Services	$1,934,415	$2,756,845	$3,435,649	$3,612,846	$2,917,347
Management & General	$376,592	$557,616	$193,728	$483,784	$695,701
Fundraising	$141,733	$206,503	$376,861	$325,279	$280,454
TOTAL EXPENSES	$2,452,740	$3,520,964	$4,006,238	$4,421,909	$3,893,502
Change in Net Assets	2010	2009	2008	2007	2006
SURPLUS (DEFICIT)	($110,051)	($398,378)	($598,632)	$553,135	($151,287)
Other Changes in Net Assets	$0	$0	$0	$6,409	$690
TOTAL CHANGE IN NET ASSETS	($110,051)	($398,378)	($598,632)	$559,544	($150,597)