Our 7-step process exemplifies excellence in financial governance, ensuring the prudent management of our resources and the people we serve. With a meticulous and structured approach, we safeguard the responsible allocation of funds, maximizing their potential for impact. This rigorous framework underscores our commitment to fiscal transparency, accountability, and sustainability.
Step 1: Project Initiation and Assessment: We receive project requests through our online form, which our Project Analyst thoroughly evaluates and prepares a basic ROM for review by the Alliance Board of Directors.
Step 2: Community Partnership: Our Project Analyst collaborates with selected families and sponsors, empowering them to contribute to the project and fostering a sense of ownership and investment in their communities.
Step 3: Project Greenlight: Our board reviews and approves the submitted projects, ensuring they align with our mission and values.
Step 4: Subcontractor Bid/Buyout: Partnering with pre-screened local subcontractors for quality work and fair pricing. Projects Scope of Work is put out to bid and compared to the budget to ensure best pricing.
Step 5: Project Execution: LOA Builders, a licensed, bonded, and insured construction company, expertly manages projects from start to finish. We obtain permits, schedule trade partners, and oversee the budget while maintaining complete transparency. We share all project expenses with the board, ensuring accountability and responsible stewardship of funds.
Step 6: Project Closeout: We share all project details and expenses with the board, setting a new standard for transparency and accountability in construction. Final funds are released, and any savings are then reinvested into the foundation for future projects.
Step 7: Ongoing Support: LOA Ministries connects families with local churches and community resources, providing them with a supportive network and ongoing support.