True Disciples

What it reported doing in 2024

Mission Projects: In 2024, we had a 30-member Work and Witness team from Valley Church in Piqua, Ohio. They worked on a Sunday School room addition to a church we had previously built in Tocoa. The church had previously sent down a small group of mechanics in March to work on the truck that had been sent down. We also had training time with them and were able to share the gospel with them. Good relationships have been developed. This same team also painted the second longest bridge in Honduras with the help of the firemen, policemen and local church of Saba, Colon. It has all been a very positive experience. We also met with the firemen and local church of La Ceiba, Atlantida. We have been developing a relationship with the firemen in the communities where our churches are located as an outreach to the community. Our focus is to get the church out of the building and into the community. We want to be a positive testimony for the governmental institution and help people understand we need not wait for the government to provide all the needs. Together, much can be accomplished to God's honor. Valley Church sent down the second fire truck specifically for the La Ceiba stations. They had capacitation meetings with the firemen on how to run the different functions of the new truck which is valued at around $500,000.00. They also sent down approximately $100,000.00 of equipment for the fire station. The experience has been very positive, and we were able to have times of testimony and united church services with them. In one of the events, the mayor of La Ceiba attended with his staff. He presented the Valley Church with the Key to the City. Local news media arrived which provided an opportunity to once again announce publicly that all that has been done is for the Honor and Glory of God. On that same trip, the team spent two days at the Calan School doing maintenance and programs with the children. The students also held a program for the team. Due to that interaction, Valley Church congregation has decided to add the Calan Christian School to the partnership that we have had with them since 2014.

Financial Efficiency

• Mission deployment rate: 77.5%; rating input score 77
• Program expense ratio: 71.4%; rating input score 71

Transparency & Controls

• Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
• Major donor itemization: Yes; rating input score 100

Sustainability

• Operating margin: -8.4%; rating input score 17; 17th percentile among comparable filings
• Total-asset coverage ratio: 0.1; rating input score 11; 11th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 42; 42nd percentile among comparable filings
• Officer compensation ratio: 22%; rating input score 15; 15th percentile among comparable filings

Growth

• Program expense growth: -0.6% per year; rating input score 0; 28th percentile among comparable filings
• Revenue growth: -0.5% per year; rating input score 0; 19th percentile among comparable filings
• Asset growth: -10.2% per year; rating input score 0; 11th percentile among comparable filings