Unbound 
The information on this page was last updated 1/3/2024. If you see errors or omissions, please email: [email protected]
Summary
Unbound is an international nonprofit based in Kansas City, Kansas, and founded by lay Catholics grounded in the Gospel call to put the needs of the marginalized and vulnerable first.
Contact information
Mailing address:
Unbound
1 Elmwood Ave
Kansas City, KS 66103
Website: www.unbound.org
Phone: (800) 875-6564
Email: [email protected]
Organization details
EIN: 431243999
CEO/President: Ashley Hufft
Chairman: Emma Miller
Board size: 8
Founder: Hentzen siblings & Jerry Tolle
Ruling year: 1983
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
Unbound partners with families living in poverty, empowering them to become self-sufficient and fulfill their desired potential.
Mission statement
Unbound's mission is to walk with the poor and marginalized of the world.
By providing personal attention and direct benefits, we help children, youth, elders and their families in Africa, Asia and Latin America build their unique paths out of poverty. We invite all people of goodwill to join our community and walk in solidarity with the world's poor through one-to-one sponsorship. The connections we create foster relationships and transform lives across geographic, economic and social divides.
Statement of faith
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Relief and Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 212 of 1104 | 23 of 88 |
| Fund acquisition rating | | 405 of 1105 | 38 of 88 |
| Resource allocation rating | | 235 of 1105 | 19 of 88 |
| Asset utilization rating | | 417 of 1104 | 37 of 88 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 5% | 4% | 4% | 4% | 3% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 5% | 4% | 4% | 4% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 99% | 98% | 99% | 99% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 5% | 5% | 4% | 4% | 3% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 1% | 2% | 1% | 1% | 1% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 91% | 92% | 93% | 93% | 93% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 98% | 93% | 94% | 96% | 96% |
Program output ratio Program output ratio = Program services / Total revenue | 82% | 89% | 86% | 87% | 89% | 89% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 2% | 7% | 6% | 4% | 4% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | 4% | 12% | 11% | 10% | 10% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 6% | 4% | 3% | 3% | 3% | 3% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.51 | 1.63 | 1.59 | 1.71 | 2.00 | 2.23 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.23 | 1.26 | 1.04 | 1.05 | 1.05 | 1.06 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.89 | 2.05 | 1.65 | 1.79 | 2.10 | 2.37 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 17.01 | 42.70 | 52.75 | 32.81 | 35.53 | 34.40 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.82 | 5.71 | 7.12 | 6.48 | 5.54 | 4.92 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 3% | 3% | 7% | 4% | 4% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 3% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 60% | 60% | 61% | 54% | 48% | 43% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $14,409,726 | $14,103,530 | $17,419,236 | $13,894,359 | $12,583,691 |
| Receivables, inventories, prepaids | $1,156,711 | $1,735,050 | $1,300,498 | $1,030,903 | $1,023,133 |
| Short-term investments | $50,778,534 | $66,078,996 | $55,778,237 | $48,367,487 | $41,306,846 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $66,344,971 | $81,917,576 | $74,497,971 | $63,292,749 | $54,913,670 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $2,945,554 | $2,956,519 | $3,089,208 | $3,204,050 | $3,348,367 |
| Other long-term assets | $14,075,907 | $529,739 | $503,227 | $134,752 | $145,802 |
| Total long-term assets | $17,021,461 | $3,486,258 | $3,592,435 | $3,338,802 | $3,494,169 |
| Total assets | $83,366,432 | $85,403,834 | $78,090,406 | $66,631,551 | $58,407,839 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $1,553,794 | $1,534,258 | $2,251,721 | $1,569,608 | $1,377,409 |
| Other current liabilities | $0 | $18,655 | $18,855 | $211,621 | $218,866 |
| Total current liabilities | $1,553,794 | $1,552,913 | $2,270,576 | $1,781,229 | $1,596,275 |
| Debt | $0 | $0 | $2,386,100 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $608,610 | $680,476 | $636,619 | $571,238 | $582,919 |
| Total long-term liabilities | $608,610 | $680,476 | $3,022,719 | $571,238 | $582,919 |
| Total liabilities | $2,162,404 | $2,233,389 | $5,293,295 | $2,352,467 | $2,179,194 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $47,415,080 | $48,933,262 | $40,143,512 | $31,596,789 | $23,958,997 |
| With donor restrictions | $33,788,948 | $34,237,183 | $32,653,599 | $32,682,295 | $32,269,648 |
| Net assets | $81,204,028 | $83,170,445 | $72,797,111 | $64,279,084 | $56,228,645 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $137,562,066 | $142,617,882 | $139,403,527 | $137,342,200 | $133,867,370 |
| Program service revenue | $8,463 | $1,771 | $106,459 | $483,712 | $516,464 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $1,774,535 | $2,762,828 | $2,012,861 | $1,531,261 | $1,384,795 |
| Other revenue | $423 | $504 | $1,385 | $12,767 | $12,547 |
| Total other revenue | $1,783,421 | $2,765,103 | $2,120,705 | $2,027,740 | $1,913,806 |
| Total revenue | $139,345,487 | $145,382,985 | $141,524,232 | $139,369,940 | $135,781,176 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $124,536,093 | $124,837,962 | $123,815,933 | $123,381,974 | $121,138,641 |
| Management and general | $5,145,104 | $4,466,916 | $4,525,212 | $4,640,952 | $4,519,102 |
| Fundraising | $6,562,518 | $6,187,649 | $5,348,385 | $5,149,475 | $4,471,562 |
| Total expenses | $136,243,715 | $135,492,527 | $133,689,530 | $133,172,401 | $130,129,305 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $3,101,772 | $9,890,458 | $7,834,702 | $6,197,539 | $5,651,871 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $3,101,772 | $9,890,458 | $7,834,702 | $6,197,539 | $5,651,871 |
Compensation
| Name | Title | Compensation |
| Scott Wasserman | President/Ceo (non-Voting) | $312,036 |
| Rob McElroy | Lead Software Architect | $197,879 |
| Steve McClain | Dir of Growth and Revenue Dev | $187,315 |
| Martin Kraus | Treasurer (non-Voting)/Dir Fin | $186,325 |
| Dan Winholtz Pearson | Dir of International Programs | $179,949 |
| John Dougherty | Director of Technology Service | $165,164 |
| Kristina Thompson | MARKETING/COMM DIRector | $137,731 |
| William Hansen | Secretary (non-Voting)/Fin Mgr | $113,118 |
| Rev Dennis Martin | Preach Rep-Non-Voting | $5,949 |
Compensation data as of: 12/31/2022
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 1/3/2024. To update the information below, please email: [email protected]
History
The vision for Unbound began with Bob, Bud and Jim Hentzen, their sister Nadine Hentzen Pearce and their friend Jerry Tolle. Bob and Jerry were former missionaries who, while working in Latin America, witnessed the devastating effects of poverty on families struggling heroically to make better lives for their children. Guided by faith and rooted in Catholic social teaching, the founders envisioned a program that would invite people to partner with families to support, encourage and empower them.
Visit: https://www.unbound.org/OurImpact/WhoWeAre/OurHistory
Program accomplishments
In the Unbound program...
51% of sponsored children stay in school more than a year longer than their peers.
77% of sponsored children participate in the program through organized small groups.
90% of mothers believe they have the power to change the lives of their families.
Needs
Your donation in support of our work helps us address the most urgent needs of the families we serve.