FRIENDS OF SAN LUCAS
Mission Statement
The Friends of San Lucas carries on the legacy of Fr. Greg Schaffer and his 50 years of ministry in San Lucas Toliman, Guatemala. Our programs include: an Elementary School with over 600 students; a Clinic and Health Promoter Program that serves over 20 communities; a Construction Program that builds homes, fuel-efficient stoves and erects community, school and church buildings; a Coffee Program that supports small farmers; a Women's Center and a Visitor Program that invites over 1200 visitors each year to walk alongside the people of San Lucas. Friends of San Lucas is a non-profit 501(c)(3) organization, under the umbrella of the Diocese of New Ulm which is a Section 509(a)(1)subordinate organization under the IRS Group Ruling for the United States Conference of Catholic Bishops.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
84.1% | 91.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.5% | 8.1% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
9.5% | 1.9% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
147.0% | 145.3% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.9 mo | 80.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.6% | 0.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
74.1% | 90.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
53.5% | 3.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.5% | 6.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
10.8% | -4.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $4.5M | $4.0M | $2.6M | 84.1% | 8 |
| 2022 | $2.9M | $3.7M | $2.2M | 86.7% | 8 |
| 2021 | $3.3M | $3.2M | N/A | — | 6 |
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