Latter Glory Ministries

What it reported doing in 2024

Orphanage-in 2006, the orphanage continued to thrive in a rented house in hubli, karnataka state, india. In may and june of 2006, we took in another four children, so the total from june through the end of 2006 was eighteen children that we took care of. In 2007, latter glory ministries continued our work with the orphanage in hubli, india. In june, we again enrolled the children into their schools to continue their education. We held our annual christmas party in december 2007 and invited any living relatives of the kids, and some poor kids from the area. We provided a christmas meal and gave gifts to all the kids who were present at the party. (see schedule o for ongoing ministry activity) in 2008 we once again focused on our orphanage in hubli, india. A few of the children left our orphanage and returned to family members, who were able to take them back. This left us with 18 children in our care. The kids did well in their studies at school, which ended in march 2008. During their summer vacation (april & may), they took a vacation trip all together to suri's (solomon devaraj) mother's home in naregal. They spent 5 days there with suri and tammy and the family. The new school year began in june 2008. The oldest girl had graduated high school and was placed in a vocational training program for fashion design. Another of the girls was entering her final year of high school. In december we arranged a large christmas party for the kids and any existing family members and for other poor families from the community. They were invited to our orphanage for a celebration where everyone was served a delicious meal and all the kids received presents for christmas. In 2008 latter glory ministries also reached out into the community in hubli, india with a one week childrens' camp attended by 350 kids. Each day the kids were served one hot meal. The kids learned dances, dramas, songs and stories from the bible. On the last night, the kids did all the songs, etc. On a large stage in the school compound, which was attended by about 1,000 people. Also in 2008, our organization promoted the orphanage with seminars and speaking engagements in various churches and small groups, and at our annual conference in pittsburgh, pa in november 2008. Throughout 2009, our orphanage continued to take care of 18 children. The house parents, who live with and take care of the kids, continued on staff with us. They are doing an excellent job with the children during the kids' summer vacation from school, our staff took the children on an all day outing for a picnic and fun games. The staff also conducted a vacation bible school for the kids. All the kids entered into a new school year in june 2009. We have two kids attending an english school, two kids in a college program, and the remaining fourteen in a rotary school; all are receiving a good education. In december 2009 we had a special christmas party; we also invited friends and relatives of our children to attend. Each child received a christmas gift, and a special dinner was prepared for all to enjoy. We continued to support the same 18 children in our orphanage in hubli, india throughout 2010. In february we finally decided on a name for our orphanage: mahima childrens home. Mahima means glory in the indian language. Our children at mahima childrens home did several outreaches in their city in various churches. They did dramas, dances and songs during the church services. The people really enjoyed it in may of 2010, the owners of the house we rent wanted to move back into their house, so we started to look for a new house for our orphanage. It was a very slow process, with not much available and ready to move into. The children did really well in school at all levels. At the end of 2010, we had our annual christmas party; we invited many people to come join us. We fed all the people who came to the party and gave out christmas presents to all the children. We had several conferences in pittsburgh, p

Financial Efficiency

• Mission deployment rate: 79.4%; rating input score 79
• Program expense ratio: 84.4%; rating input score 84
• Fundraising efficiency: $21.43 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
• Governance controls: 6 of 9 controls in place; rating input score 67
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 5.3%; rating input score 51; 51st percentile among comparable filings
• Total-asset coverage ratio: 0.35; rating input score 18; 18th percentile among comparable filings
• Liabilities to assets ratio: 0.14; rating input score 23; 23rd percentile among comparable filings
• Officer compensation ratio: 18.7%; rating input score 21; 21st percentile among comparable filings

Growth

• Program expense growth: 7.9% per year; rating input score 100; 64th percentile among comparable filings
• Revenue growth: 6.4% per year; rating input score 100; 60th percentile among comparable filings
• Asset growth: 1.3% per year; rating input score 100; 30th percentile among comparable filings