Kingdomworks Sdg Foundation

What it reported doing in 2024

The trust provides financial support for organizations that provide leadership development, compassion ministry and/or christian evangelism. Long beach rescue mission received $205,000 for two programs serving women and young adults aged 18-25. River of life church, cincinnati received $60,000 for its food distribution program. Grace church long beach received $20,000. Covenant house received $5000, dsf works $2000. Wycliffe bible translators received $3,000 for its bible translation work. Uim international (blairs) serving in macedonia received $2000. The gathering received $1000; govern for impact association received $1000. Long beach church collective received $110,000 to provide a matching grant for funds raised by the lb church collective to create a multi-year project providing mental health support for pastors in the long beach/los angeles communities.the trust also provided grants to organizations that provide christian and values based education. Westmont college received $5,000 and biola university $5,000 to fund under-represented students, as administered through their own scholarship programs.the trust's managing trustees are also officers and/or directors of charitable organizations that are supported by the trust. Alvin sanders is president of world impact inc., larry acosta is past president of hispanic ministry center inc. Dba urban youth workers institute, and president of city to city los angeles. Eric marsh is the executive director of the long beach church collective. Other trustees serve on the board or provide services to our supported organizations. Carl labarbera is chairman of world impact, and robin labarbera provides program evaluation services to world impact's board of directors.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 91.5%; rating input score 92
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 90%; rating input score 90; 5th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 97.3%; rating input score 97; 45th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 60%; rating input score 60; 12th percentile among comparable filings
• Governance controls: 5 of 7 controls in place; rating input score 71
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 16.2%; rating input score 71; 71st percentile among comparable filings
• Total-asset coverage ratio: 5.66; rating input score 86; 86th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 12.7% per year; rating input score 100; 70th percentile among comparable filings
• Revenue growth: 6.2% per year; rating input score 100; 50th percentile among comparable filings
• Asset growth: 4.6% per year; rating input score 100; 37th percentile among comparable filings