Living Word Ministries to Haitians

Nonprofit profile at a glance

EIN
650189798
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024
Location
Bradenton, FL, USA
Phone
9545891014
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Protestant
Affiliation
Christianity

Official website

Reported finances

Revenue
$77,551
Expenses
$74,277
Assets
$97,142
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • PATRICK LATAILLADE (DIRECTOR)
  • BARBARA LATAILLADE (DIRECTOR)
  • JAMES F BURKE (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

There are three active churches in different villages, as well as one school. There are continuing training classes for pastors and church leaders. Missionary training classes are a vital part of church. The organization also aims to provide relief to haitian citizens in need, specifically widows and orphans.

What it reported doing in 2024

Continuing to provide support and relief from storms, poverty, and other circumstances to haitian citizens in need, specifically widows and orphans.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 88% 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.

The verdict

SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 36
  • Transparency & Controls: 100
  • Sustainability: 50
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35%; rating input score 35
  • Program expense ratio: 36.6%; rating input score 37

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 4.2%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 1.31; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 15.5%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -11.2% per year; rating input score 0; 26th percentile among comparable filings
  • Revenue growth: -4.5% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: 3.3% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 35% of revenue deployed · 36.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $27K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 37/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.