Leading the Way with Dr Michael Youssef Inc

Nonprofit profile at a glance

EIN
581816773
IRS 990 coverage
2009–2013
Forms available
Form 990 2013
Location
Atlanta, GA, USA
Phone
4048410100
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$17,305,505
Expenses
$15,565,602
Assets
$21,948,520
Liabilities
$1,092,662

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • DR MICHAEL YOUSSEF (PRESIDENT)
  • JOSHUA D YOUSSEF (EXECUTIVE VICE-PRESIDENT)
  • DAVID DODD (FORMER VICE PRESIDENT OF OPERATIONS)

Highest reported compensation

  • JOSHUA D YOUSSEF (EXECUTIVE VICE-PRESIDENT): $159,091 total reported compensation
  • DAVID DODD (FORMER VICE PRESIDENT OF OPERATIONS): $150,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To lead the way for people living in spiritual darkness, at home and around the world, to discover the light of christ as we passionately proclaim uncompromising truth.

What it reported doing in 2013

Leading the way radio: leading the way radio produces more than 1,800 radio english programs each year featuring dr. Michael youssef. These broadcasts are available on more than 500 networks and stations, airing 4,300 times per week. Programs are accessible 24/7 at ltw.org and through the leading the way app. Messages are also available in dual-language format, where a phrase in english is followed by a translation into one of 23 different languages. These dual-language messages can be found online and on-air in multiple countries. Listeners often tune in to learn english, but are then impacted by the revealing truth of jesus and the gospel.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 84
  • Accountability: 100
  • Sustainability: 70
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.3%; rating input score 89
  • Program expense ratio: 89.5%; rating input score 90
  • Fundraising efficiency: $13.08 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 69th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 10.1%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 1.41; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 2%; rating input score 70; 70th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 10.4% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 10.6% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 89.3% of revenue deployed · 89.5% of spending went to programs
  • Governance: 8 of 8 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $13.9M in reported program spending
  • Leadership: top reported pay $159K · 10 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 5 filing years from 2009 to 2013
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Fundraising efficiency scored 55/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.