Love Never Fails 
The information on this page was last updated 8/31/2023. If you see errors or omissions, please email: [email protected]
Summary
Love Never Fails is a Christian ministry that helps children in poverty thrive and come to know Jesus.
Contact information
Mailing address:
P.O. Box 221
Metuchen, NJ 08840
Website: loveneverfailsindia.com
Phone: (800) 783-4157
Email: [email protected]
Organization details
EIN: 452936992
CEO/President: Dr. Johnathan Kraus
Chairman: Brandon Zager
Board size: 4
Founder: Dr. Johnathan Kraus
Ruling year: 2013
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
One day all impoverished children will attain an excellent education, experience the hope in Jesus, and impact their communities.
Mission statement
Releasing children from poverty in Jesus' name is a mission about love. We love God, and we demonstrate our love and live out our faith by extending care to others and living out the meaning of LNFI.
LNFI means "to suffer with," and it combines sympathy with an active response. Because we are compassionate we act to lessen the suffering of children in poverty. We offer our programs to the poorest of the poor, to the children in greatest need, without ulterior motive. We devote ourselves to helping children of all faiths, cultures, backgrounds and race - without imposing any religious obligation or conversion requirement upon them.
We simply aspire to be like our Savior, Jesus Christ, in who we are and what we do.
Statement of faith
Donor confidence score
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Relief and Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 713 of 1092 | 53 of 86 |
| Fund acquisition rating | | 148 of 1095 | 16 of 86 |
| Resource allocation rating | | 802 of 1095 | 61 of 86 |
| Asset utilization rating | | 1007 of 1092 | 77 of 86 |
Click here to read Love Never Fails' response to our ratings
Financial ratios
| Funding ratios | Sector median | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 2% | 2% | 2% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 2% | 2% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 3% | 4% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 0% | 0% | 0% |
| Operating ratios | Sector median | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 77% | 83% | 87% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 48% | 56% | 94% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 37% | 46% | 82% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 52% | 44% | 6% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 16% | 54% | 89% | 55% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 6% | 19% | 13% | 11% |
| Investing ratios | Sector median | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.34 | 0.48 | 1.14 | 8.53 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.23 | 2.06 | 1.74 | 1.24 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.88 | 0.98 | 1.97 | 10.53 |
| Liquidity ratios | Sector median | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.60 | 38.23 | 78.89 | 0.00 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.03 | 0.01 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.82 | 11.94 | 6.01 | 1.14 |
| Solvency ratios | Sector median | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 4% | 1% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 2% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 60% | 203% | 87% | 12% |
Financials
| Balance sheet | |||
| Assets | 2021 | 2020 | 2019 |
| Cash | $259,010 | $136,712 | $21,046 |
| Receivables, inventories, prepaids | $0 | $0 | $0 |
| Short-term investments | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 |
| Total current assets | $259,010 | $136,712 | $21,046 |
| Long-term investments | $0 | $0 | $0 |
| Fixed assets | $274,330 | $100,668 | $4,947 |
| Other long-term assets | $0 | $0 | $0 |
| Total long-term assets | $274,330 | $100,668 | $4,947 |
| Total assets | $533,340 | $237,380 | $25,993 |
| Liabilities | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $6,775 | $1,733 | $0 |
| Other current liabilities | $0 | $0 | $0 |
| Total current liabilities | $6,775 | $1,733 | $0 |
| Debt | $13,074 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 |
| Total long-term liabilities | $13,074 | $0 | $0 |
| Total liabilities | $19,849 | $1,733 | $0 |
| Net assets | 2021 | 2020 | 2019 |
| Without donor restrictions | $359,856 | $89,274 | $25,993 |
| With donor restrictions | $153,635 | $146,373 | $0 |
| Net assets | $513,491 | $235,647 | $25,993 |
| Revenues and expenses | |||
| Revenue | 2021 | 2020 | 2019 |
| Total contributions | $530,110 | $479,303 | $235,948 |
| Program service revenue | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 |
| Investment income | $740 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total other revenue | $740 | $0 | $0 |
| Total revenue | $530,850 | $479,303 | $235,948 |
| Expenses | 2021 | 2020 | 2019 |
| Program services | $195,797 | $222,690 | $193,310 |
| Management and general | $49,122 | $35,923 | $23,934 |
| Fundraising | $8,593 | $11,036 | $4,434 |
| Total expenses | $253,512 | $269,649 | $221,678 |
| Change in net assets | 2021 | 2020 | 2019 |
| Surplus (deficit) | $277,338 | $209,654 | $14,270 |
| Other changes in net assets | $0 | $0 | $0 |
| Total change in net assets | $277,338 | $209,654 | $14,270 |
Compensation
| Name | Title | Compensation |
| Johnathan Kraus | Founder and Executive Director | $65,988 |
Compensation data as of: 12/31/2021
Response from ministry
We are writing to you today in response to the June 28th Ministry Watch article that was posted online about Love Never Fails International being terminated as a Member of the ECFA. It is hoped that our response will provide a satisfactory explanation of the circumstances surrounding our termination. It is further hoped that you will post our response online so that your readership will be afforded the opportunity to make their own determination about Love Never Fails International.
We believe the best way to provide you with the most complete information is to share with you the Board of Trustees' response that was sent to the ECFA on August 4, 2023. For purposes of clarification and because some things have changed since we submitted our response to the ECFA we offer some additional information to you below.
1. At the time of the writing of this article Doug Proietti was a member of the board. Doug resigned on August 8, 2023. Although it should be noted that the LNFI By-Laws call for a one-year term for Board members and his one-year term was up which coincided with his resignation. Keith Baskerville was voted onto the board on August 10, 2023, and the roster of the Board of Trustees remains at Four (4) as we continue to seek out new qualifying board members. Our records, including our website and our annual audit reflect these changes in the board roster.
2. The Ministry Watch article that you posted stated that in the 2021 990 that the ministry only spent $58,349 on orphanages and education. This needs some further explanation because it does not reflect the fact that of the total revenue raised $513,602 was used for a building project in India totaling $176,654 (understatement of cash flow on investing activities for property and equipment.) It should also be noted that, as a small ministry, we are labor intensive. When our Executive Director, Johnathan Kraus travels to India he is involved in direct ministry with his local leaders and the children served by Love Never Fails.
3.Love Never Fails has removed the ECFA seal from all its ministry publications including its website.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 8/31/2023. To update the information below, please email: [email protected]
History
Love Never Fails International began in 2009. Our founder, Dr. Johnathan Kraus felt the calling to leave his teaching career in NJ, USA to go to India and help children that were suffering from poverty; orphans, street beggars, and children in the slums. This all started after watching the movie Slumdog Millionaire with his friends from Church who were Indian.
After God spoke to his heart he continued his teaching position in NJ, but would return home each day to fall on his knees crying out to the Lord in tears to open a door to India where he could reach suffering children and provide hope in Jesus. At the time, Johnathan had no connections to make his dream a reality. With much fasting and praying God began to open doors to India and Johnathan moved there in 2010 with passion, love, and a God size vision to see many children in India set free from the internal pain and suffering of poverty and come to Jesus.
He began to ask people to come along side of him in this work and support financially. Many said "YES"! And LNFI began to grow. Today many people are involved with their support and prayers. They are filled with joy to be a part of this life saving ministry serving the most vulnerable children in India. Whether big or small they feel the joy that comes from giving and serving the Lord! They chose to make their story of a life of giving and being part of God writing a new beautiful story in the lives of children in India, that once had now hope.
Today, with the giving and support from our donors and work of LNFI children not only in India but all across the world are receiving life changing opportunities they desperately need and deserve - opportunities many of us take for granted. Things like an: education, healthy meals, clothes, health care, protection from sexual and physical exploitation, and most important of all, hearing the Gospel of Jesus is what LNFI provides for their children.
Love Never Fails International is a 501 C3 organization. We have an independent CPA Firm audit our finances and have demonstrated excellence in handling your donation and putting them to work to make a difference. We are BBB Charity and GuideStar Accredited, which is the highest level of financial transparency and accountability an organization can demonstrate. 91% of all donations go directly to the children they serve. We care about their donors, use the money wisely, honestly, and to make an impact for the Kingdom. We do all this so you can give with peace, confidence, and trust, that your donation is going to make a change in the world for good, for Jesus.