BBB Wise Giving Alliance Comments
BBB Wise Giving Alliance Comments
| Children's Hope International (CHI) does not meet the following 2 Standards for Charity Accountability. | |
Standard 4 : Compensated Board Members - Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.
Standard 16 : Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
| |
| Children's Hope International (CHI) meets the remaining 18 Standards for Charity Accountability. | |
| Programs | |
•Foster Care: This program allows orphans to wake up each day in a home, rather than an institution. CHI provides training, oversight, and supplies for in-country foster parents, ensuring that orphans will receive the nurture than cannot be easily obtained in an orphanage setting. •Medical Services: Through this program, CHI reaches out to orphans who are in dire need of medical assistance. Each year, it sponsors dozens of surgeries to correct such issues as congenital heart defects and cleft lips/palates, and also provide medicine and special needs equipment to orphanages. •Education Services: As they age out of the orphanage systems, mere survival becomes a struggle for many orphans. Education programs are the key to preparing these children to enter society with the skills and knowledge they will need to live a life of dignity and purpose. •Nutrition Services: These programs provide life's basic essentials - adequate food and clean water - to vulnerable orphans who would otherwise go hungry. •Material Aid: Through these programs, it supplies daily necessities such as diapers, appliances, and clothing and bedding needs. On a larger scale, it is able to make building improvements to orphanages (including improvements to make facilities safer and more accessible to children with disabilities) and construct playgrounds. •Emergency Relief: These programs provide assistance for victims of natural disasters and other tragic events.
| For the fiscal year ended December 31, 2006, CHI's program expenses were: | |
| Programs | 9,788,216 |
| Total Program Expenses: | $9,788,216 |
| Governance | |
Chief Executive : Dwyatt Gantt, Executive Director
| Compensation*: | $126,115 |
Chair of the Board: Dwyatt Gant
Chair's Profession / Business Affiliation: Executive Director
Board Size: 8
Paid Staff Size: 5
| *Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. |
| Fund Raising | |
Method(s) Used:
| direct mail, invitations to fund raising events, print advertisements, grant proposals, internet | |
| Fund raising costs were 21% of related contributions. (Related contributions, which totaled $831,636, are donations received as a result of fund raising activities.) | |
| Tax Status | |
| This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes. | |
| Financial | |
| The following information is based on CHI's audited financial statements - consolidated for the fiscal year ended December 31, 2006. |
| Source of Funds | |
| Adoption Fees | 10,264,069 |
| Home Study and Post-Placement Fees | 751,361 |
| Net Investment Income | 358,964 |
| Gain on Disposal of Property | 199,086 |
| Net Assets Released from Restrictions | 141,587 |
| Contributions | 80,275 |
| Other | 54,179 |
| Total Income | $11,849,521 |
Uses of Funds as a % of Total Expenses
| Programs: 84% Fund Raising: 1% Administrative: 15% |
| Total income | $11,849,521 | ||
| Program expenses | $9,788,216 | ||
| Fund raising expenses | 173,482 | ||
| Administrative expenses | 1,790,663 | ||
| Total expenses | $11,752,361 | ||
| Income in Excess of Expenses | 97,160 | ||
| Beginning net assets | 7,905,127 | ||
| Ending net assets | 8,423,141 | ||
| Total liabilities | 1,062,699 | ||
| Total assets | $9,485,840 | ||
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.
This report reflects the results of an evaluation of informational materials provided voluntarily by the organization. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgement. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.
This report is not to be used for fund raising or promotional purposes.
Year, State Incorporated: 2001, Missouri
Affiliates:Children's Hope International
Stated Purpose: exists to provide homes, health and hope for children in need. Specifically, CHIF provides humanitarian aid to orphaned and needy children without families, through medical care, foster care, education, etc.
Stated Purpose: "exists to provide homes, health and hope for children in need. Specifically, CHIF provides humanitarian aid to orphaned and needy children without families, through medical care, foster care, education, etc."