Love Beyond the Orphanage

What it reported doing in 2024

Scholarship program eighteen students were awarded scholarships for 12 months, with funding amounts tailored to individual needs such as education and living expenses. Each recipient submitted monthly updates, proof of two-hour volunteer service, and receipts for their expenses. Scholars participated in orientation, an annual long-weekend workshop, enrichment programs, and other events. Notable achievements include one student earning a floral design certificate, another securing a kitchen supervisor role, and others actively job-seeking. One outstanding student, studying interior architecture engineering, was awarded a 3-day trip to japan. All students engaged fully, maintained excellent academic performance, and displayed positive attitudes. Total expenses, including workshops and disbursements, amounted to 82,235.28. Holiday events lunar new year: a one-day event in seoul welcomed 40 aged-out youth and 16 volunteers. Activities included lunch, games, painting, red envelopes, and a korean bbq dinner. Total cost: 7,028.43. Chuseok (korean thanksgiving): held near incheon airport for 3 days, this retreat included 60 aged-out youth and 16 volunteers. Activities featured leadership lectures, worship, pajama parties, traditional rice cake making, talent shows, and fireworks. Despite the heat, participants bonded and enjoyed the well-organized program. Total cost: 17,050.53. 2nd move on fair held on february 17 at sejong convention center, this large-scale event welcomed over 270 aged-out youth, 30 volunteers, and numerous organizational and corporate representatives. Highlights included a keynote by senator kim mi-ae, updates from the childrens protection agency, live music, interactive booths, and a buffet dinner. Each participant received a tumbler gift. This event offered crucial information, networking opportunities, and a sense of dignity and inclusion often lacking for this population. Total cost: 58,782.00. Enrichment & educational programs two key programs were offered: a broadway show attended by 30 participants and a workplace ethics lecture by an e-land representative attended by 27. These experiences offered both cultural exposure and practical career skills. Total cost: 3,983.06.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 94.2%; rating input score 94
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 2 of 7 controls in place; rating input score 29
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • 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: -32%; rating input score 9; 9th percentile among comparable filings
• Total-asset coverage ratio: 0.84; rating input score 36; 36th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: 45.2% per year; rating input score 100; 95th percentile among comparable filings
• Revenue growth: 19.9% per year; rating input score 100; 87th percentile among comparable filings
• Asset growth: 22.1% per year; rating input score 100; 87th percentile among comparable filings