Voice of Calvary Ministries

What it reported doing in 2024

Parenthood initiative - providing parenting training, jobs skills training, and other social services to assist families in staying together and transition to self-sufficiency; established partnership with the ms department of human services. We assessed families; we provided workforce training and certification to participants; many graduates have jobs paying from 40,000 to 75,000 per year. Vocm turning point housing - assisting young adults who are aging out of foster care to attain stable housing, life skills training, job skills and other social services they need. We assisted youth exiting out of foster care with housing assistance, utility assistance; educational assistance; and workforce development & life skills training. Delta property resident services - providing tenant services to apartment complexes throughout the state, mostly in rural areas; connecting healthcare providers and other resources to tenants; established partnership with the ms department of health. We provided resident enrichment services to tenants living in low income apartment complexes throughout the state. Navigate housing - providing rental assistance, utility payments and case management services to individuals and families who are homeless or at-risk of homelessness. We provided direct financial support households for housing and utilities assistance. Homesaver program - work in partnership with the Mississippi home corporation to assist homeowners at risk of losing their homes; assist clients in completing the necessary paperwork and documentations. We provided foreclosure prevention services to homeowners throughout the state. Homebuyer education - provide homebuyer education training and counseling for first-time homebuyers. We provided homebuyer education to potential homebuyers. Vocm food pantry - assisting those experiencing food insecurity with basic food and household items; work in partnership with the Mississippi food network. We served households experiencing food insecurity.

Financial Efficiency

• Mission deployment rate: 92.8%; rating input score 93
• Program expense ratio: 85.7%; rating input score 86
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd 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: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -8.4%; rating input score 15; 15th percentile among comparable filings
• Total-asset coverage ratio: 0.68; rating input score 25; 25th percentile among comparable filings
• Liabilities to assets ratio: 0.51; rating input score 21; 21st percentile among comparable filings
• Officer compensation ratio: 2.9%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: 16% per year; rating input score 100; 80th percentile among comparable filings
• Revenue growth: 14% per year; rating input score 100; 80th percentile among comparable filings
• Asset growth: 3.2% per year; rating input score 100; 25th percentile among comparable filings