Overview
What is Living Word Ministries Intl Inc?
Living Word Ministries International is a nonprofit organization dedicated to carrying out missions and evangelism, with a significant focus on supporting children in Thailand. In 2019, they provided essential services such as education, food, lodging, and medical care to over 690 children. Additionally, they operated a Bible school and constructed 18 churches, while also fostering economic development. The organization's outreach extends to over 25 members who work in a children's orphanage and a refugee camp school, providing care to over 225 children in the orphanage and over 450 in the refugee camp. In summary, Living Word Ministries International is committed to making a positive impact on children's lives in Thailand through various initiatives.
Official website here: www.lwmi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning it a Two-Star out of Four Star rating.
Living Word Ministries Intl Inc has received a score of 72% on Charity Navigator, which translates to a Two-Star rating. This rating signifies that while the organization demonstrates some strengths in financial management and program expenses, there are significant areas for improvement, particularly in governance and accountability practices.
One of the organization's notable strengths is its high program expense ratio, which stands at 95.46%, indicating that a large portion of its funds is directed towards fulfilling its mission. Additionally, the organization has no documented material diversion of assets, which is a positive sign of financial integrity. However, the lack of essential policies, such as conflict of interest and whistleblower protections, raises concerns about its governance practices.
Moreover, the organizational structure has limitations, particularly with only three independent board members. The absence of a proper review or compilation of financial statements and the missing documentation on board meeting minutes and other important policies suggest a need for better transparency and accountability. Overall, while Living Word Ministries Intl Inc shows commitment to its mission, it must address its governance shortcomings to strengthen trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Living Word Ministries Intl Inc legitimate?
Living Word Ministries Intl Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Word Ministries Intl Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $222,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $197,338
For more financial information, click here
Official website here: www.lwmi.org
What is the mission statement of Living Word Ministries Intl Inc?
Living Word Ministries International, as part of its mission, focuses on missions and evangelism, with a particular emphasis on supporting children in Thailand. In 2019, the organization provided essentials such as schooling, food, lodging, medical care, and education to over 690 children. They additionally operated a Bible school on campus, hosting 39 students. Furthermore, Living Word Ministries International constructed 18 churches in Thailand while promoting economic development. Their outreach extends to over 25 individuals working in a children's orphanage and refugee camp school, providing care for over 225 children in their orphanage and over 450 children in the refugee camp.
Official website here: www.lwmi.org
Who is the CEO of Living Word Ministries Intl Inc?
Charles Milbrodt is the President of Living Word Ministries Intl Inc.
Official website here: www.lwmi.org
What is the revenue of Living Word Ministries Intl Inc?
Living Word Ministries Intl Inc's revenue in 2022 was $2,187,738.
Official website here: www.lwmi.org
Who are the executives of Living Word Ministries Intl Inc and what are their salaries?
The average compensation at Living Word Ministries Intl Inc during 2022 was $69,892. There are 6 employees at Living Word Ministries Intl Inc.
Here are 5 key members and their salaries:
- Compensation: $57,100
- Related: $0
- Other: $46,471
- Compensation: $57,100
- Related: $0
- Other: $3,341
- Compensation: $58,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lwmi.org
Where can I find the form 990 for Living Word Ministries Intl Inc?
Living Word Ministries Intl Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lwmi.org
Learn more at the official website: www.lwmi.org
Mission Statement of Living Word Ministries Intl Inc
Living Word Ministries International is an organization dedicated to missions and evangelism, with a particular focus on providing care for children in Thailand. They carry out this mission by offering various essential services to over 690 children annually. These services include schooling, food, lodging, medical care, and education. In addition to these, Living Word Ministries International operates a Bible school on their campus, welcoming 39 students. Besides these, the organization has constructed 18 churches in Thailand and continues to support economic development in the region. Moreover, Living Word Ministries International employs over 25 individuals who work at a children's orphanage and a refugee camp school. They provide care to over 225 children at the orphanage and over 450 children in the refugee camp. In summary, Living Word Ministries International is an organization that seeks to make a positive impact on children's lives in Thailand through various forms of support, including education, medical care, and spiritual guidance.
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Impact
July, 2024
Living Word Ministries Intl Inc's impact is significant, particularly in the realm of missions and evangelism. They have made a tangible difference in the lives of many children in Thailand by providing schooling, food, lodging, education, and medical care to over 690 children in 2019 alone. Additionally, they have operated a Bible school on campus with 39 students and built 18 churches in Thailand, all while continuing to focus on economic development in the region. Their outreach efforts also extend to supporting over 25 members who work in a children's orphanage and refugee camp school, where they care for over 225 children at their orphanage and over 450 in the refugee camp. This is truly impactful work with a global reach.
This information is meant to be a general summary of Living Word Ministries Intl Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $29
- Gross Receipts: $2,214,158
Assets and Liabilities:
- Total Assets: $1,025,974
- Total Liabilities: $4,581
- Net Assets: $1,021,393
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Organization Details
Founding Year
1988
Principal Officer
Charles Milbrodt
Main Address
PO BOX 70090, TUCSON, AZ, 85737
Website
www.lwmi.orgNTEE Category
Code: Q30 - International
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