Children of Promise International

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/8/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Many children around the world have found a place called "home" with Children of Promise International-yet 100 million children continue to live in the streets longing to find morsels of bread, a roof over their head, a bed on which to rest and something people call love.

Through partnerships with individuals, churches, ministries, businesses, corporations, and foundations, Children of Promise provides 24-hour care of orphaned, abandoned, and impoverished children in loving faith-based children's homes. This involves complete nutrition, Christian education, medical needs, clothing, shelter, and all that is necessary for the godly upbringing of children.

Our children's homes are either connected to churches or operated by like-minded Christian mission organizations which allows a greater opportunity for the children we serve to be cared for by loving Christian caregivers and nurtured in the Word of God by the local church members as well as the home staff.


Contact information

Mailing address:
Children of Promise International
6844 Loop Road
Centerville, OH 45459-2159

Website: www.promise.org

Phone: (937) 436-5397

Email: info@promise.org


Organization details

EIN: 431027276

CEO/President: Mr. Robert Egimann

Chairman: Gerald O. Tansky

Board size: 6

Founder: Reverend Linn Haitz

Year founded: 1981

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1983


Purpose

Children of Promise International (COP) is an interdenominational Christian mission organization dedicated to three areas of ministry: (1) caring for orphans and widows through church-based orphan homes, (2) reaching the unreached with the Gospel of Jesus Christ through church planting, and (3) providing for needy children through feeding and nutrition programs, free schools and higher education opportunities, and family assistance. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Mission statement

Children of Promise International uses the following to express its mission:

Children of Promise International is an interdenominational Christian mission organization dedicated to three areas of ministry:

  1. Caring for orphans and widows through church-based orphan homes,
  2. Reaching the unreached with the Gospel of Jesus Christ through church planting, and
  3. Providing for needy children through feeding and nutrition programs, free schools and higher education opportunities, and family assistance.

Statement of faith

Children of Promise International uses the following to express its statement of faith:

(1) We believe the Bible to be the inspired, the only infallible, authoritative Word of God.

(2) We believe that there is one God, eternally existent in three persons: Father, Son, and Holy Spirit.

(3) We believe in the deity of our Lord Jesus Christ, in His Virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father and in His personal return in power and glory.

(4) We believe that for the salvation of lost and sinful people, regeneration by the Holy Spirit is absolutely essential.

(5) We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.

(6) We believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.

(7) We believe in the spiritual unity of believers in our Lord Jesus Christ.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Adoption/Foster Care

CategoryRatingOverall rankSector rank
Overall efficiency rating59 of 9412 of 25
Fund acquisition rating17 of 9431 of 25
Resource allocation rating29 of 9432 of 25
Asset utilization rating469 of 94114 of 25

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%0%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
71%99%99%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
29%1%1%0%0%0%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%98%98%98%98%98%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%90%106%93%101%95%
Program output ratio Program output ratio =
Program services /
Total revenue
77%88%104%91%100%94%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%10%-6%7%-1%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
12%12%-7%10%-2%9%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%2%2%2%2%2%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.201.041.271.331.741.78
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.491.001.001.001.001.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.961.041.271.331.741.78
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
4.840.000.000.0024183.400.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.200.000.000.000.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.7311.559.429.036.906.73
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
23%0%0%0%0%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
53%96%78%75%58%56%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$711,699$628,553$674,404$604,585$617,911
Receivables, inventories, prepaids$0$0$0$0$0
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$711,699$628,553$674,404$604,585$617,911
Long-term investments$0$0$0$0$0
Fixed assets$0$0$0$0$0
Other long-term assets$0$0$0$0$0
Total long-term assets$0$0$0$0$0
Total assets$711,699$628,553$674,404$604,585$617,911
 
Liabilities20202019201820172016
Payables and accrued expenses$0$0$0$25$0
Other current liabilities$0$0$0$0$0
Total current liabilities$0$0$0$25$0
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$0$0$0$25$0
 
Net assets20202019201820172016
Without donor restrictions$347,695$306,537$256,165$221,422$207,612
With donor restrictions$364,004$322,016$418,239$383,138$410,299
Net assets$711,699$628,553$674,404$604,560$617,911
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$816,773$746,939$961,800$1,034,215$1,151,492
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$5,710$8,164$4,045$3,792$3,337
Other revenue$0$0$0$0$0
Total other revenue$5,710$8,164$4,045$3,792$3,337
Total revenue$822,483$755,103$965,845$1,038,007$1,154,829
 
Expenses20202019201820172016
Program services$721,479$784,255$876,976$1,032,922$1,081,838
Management and general$17,858$16,699$19,025$18,436$19,381
Fundraising$0$0$0$0$0
Total expenses$739,337$800,954$896,001$1,051,358$1,101,219
 
Change in net assets20202019201820172016
Surplus (deficit)$83,146($45,851)$69,844($13,351)$53,610
Other changes in net assets$0$0$0$0$0
Total change in net assets$83,146($45,851)$69,844($13,351)$53,610

Compensation

Compensation data for this ministry has not been collected.


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 9/8/2021. To update the information below, please email: info@ministrywatch.com


History

The birthing of Children of Promise International came to Linn Haitz, Founder and Missionary, in a small rented room in the village of Bello, Colombia in 1968 when he was strongly impressed by Isaiah 49:6-"I will give you as a light to the nations, that my salvation may reach to the end of the earth."

The work began in the jungles and slums of South America. The need seemingly was too great to tackle. There were thousands of Indians in remote areas beyond mountain ridges and roaring streams too difficult to reach. In his early 50's, with a willing heart and a faithful God, Linn Haitz stepped out in faith. Following many miraculous interventions, four "free" schools were begun to teach the children in the slums how to read and write and about a wonderful Savior, Jesus Christ. This was the beginning of Children of Promise International, originally known as Bible And Literacy League and Children of Promise.

Since the small beginnings in Colombia, South America, God has directed a far-reaching, worldwide ministry among thousands of orphaned and destitute children as well as the lost, the poor and the oppressed throughout the world.

It was not until December 14, 1973 that the ministry became a not-for-profit corporation in the State of Missouri. On August 19, 1998 the ministry officially took on the new name of Children of Promise International (Children of Promise), which defined its major emphasis.

In the 1970's children's homes were established and in 1978 a sponsorship program initiated to help provide funding for the care of the physical needs of the children. The homes, however, were not just a place for shelter, clothing, and food, but a place where the children are given the opportunity to learn about the saving grace of Jesus Christ and to be trained in the Word of God.

In 1998 the mission began partnering with churches and para-church ministries to operate a child sponsorship program for other children's homes. By 2006 the mission operates and/or provides a child sponsorship program for nearly 80 homes in 19 countries. Also during the time period of 1998 and 2006 the mission was instrumental in securing funding from foundations and other missions for building or repairing homes.

In addition, the mission has developed a widow program in India-providing food and job training-and also trains and supports indigenous evangelists, Bible training teachers, pastors, church planters, and various Christian workers. Children of Promise operates free schools and feeding and nutrition programs that enable the mission to present the Gospel to poor and needy children in the communities surrounding established children's homes.

In obedience to the Lord's commission, Children of Promise International reaches out to the most neglected regions of the earth to bring hope, a future, and the message of the Gospel to orphans, widows and destitute children.


Program accomplishments


Needs