ChildFund / Christian Children's Fund / CCF

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 8/6/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

ChildFund (formerly Christian Children's Fund - CCF) is a non-sectarian, nonprofit child welfare organization operating with program offices around the world to promote long-term sustainable development and are designed to help break the cycle of poverty. ChildFund provides the community with knowledge, opportunity and resources to develop a healthy and productive child. ChildFund sponsored children receive such basics as education, food, clothing, shelter and health care. In addition, they develop relationships with their sponsors and the ChildFund workers, they enjoy the benefits of loving attention.


Contact information

Mailing address:
ChildFund
2821 Emerywood Parkway
Richmond, VA 23294

Website: www.childfund.org

Phone: (800) 776-6767

Email: questions@childfund.org


Organization details

EIN: 540536100

CEO/President: Anne Goddard

Chairman: Lyn McDermid

Board size: 21

Founder: Dr. J. Calvitt Clarke

Year founded: 1938

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Our Vision: A world where every child realizes their rights and achieves their potential.


Mission statement

Our Mission:

HELP deprived, excluded and vulnerable children have the capacity to improve their lives and the opportunity to become young adults, parents and leaders who bring lasting and positive change in their communities.

PROMOTE societies whose individuals and institutions participate in valuing, protecting and advancing the worth and rights of children.

ENRICH supporters' lives through their support of our cause.


Statement of faith

ChildFund does not have a statement of faith. "Non-sectarian" is the phrase ChildFund uses to describe their religious standing.

Articles

9/27/2013Compassion International's Child Sponsorship Program Works

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating799 of 94161 of 75
Fund acquisition rating706 of 94359 of 75
Resource allocation rating738 of 94359 of 75
Asset utilization rating596 of 94145 of 75

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%10%13%11%11%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%10%13%11%11%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%99%98%98%98%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%11%13%11%11%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%1%2%2%2%1%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%79%78%81%82%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%94%99%101%98%100%
Program output ratio Program output ratio =
Program services /
Total revenue
83%75%77%82%80%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%6%1%-1%2%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%11%2%-3%5%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%10%9%8%8%7%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.641.451.681.781.761.89
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.371.461.481.411.35
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.631.982.472.632.482.54
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
7.899.135.474.263.762.99
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.110.180.230.270.33
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.265.403.983.493.563.14
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
14%19%22%22%27%34%
Debt ratio Debt ratio =
Debt /
Total assets
0%6%6%7%8%9%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
52%56%46%44%42%35%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$26,602,570$14,902,914$16,901,122$23,239,350$21,539,066
Receivables, inventories, prepaids$17,351,561$11,654,509$9,482,828$16,333,469$16,283,049
Short-term investments$61,594,084$60,673,690$59,611,550$52,900,139$54,804,239
Other current assets$0$0$0$0$0
Total current assets$105,548,215$87,231,113$85,995,500$92,472,958$92,626,354
Long-term investments$0$0$0$0$0
Fixed assets$29,231,200$30,952,492$31,652,973$28,487,150$23,579,314
Other long-term assets$9,611,857$9,554,112$9,462,012$9,069,618$8,712,819
Total long-term assets$38,843,057$40,506,604$41,114,985$37,556,768$32,292,133
Total assets$144,391,272$127,737,717$127,110,485$130,029,726$124,918,487
 
Liabilities20202019201820172016
Payables and accrued expenses$11,563,592$15,957,868$20,180,012$24,601,656$31,002,253
Other current liabilities$0$0$0$0$0
Total current liabilities$11,563,592$15,957,868$20,180,012$24,601,656$31,002,253
Debt$8,379,433$7,225,233$8,395,833$10,020,833$11,645,834
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$7,935,936$5,060,487$0$0$0
Total long-term liabilities$16,315,369$12,285,720$8,395,833$10,020,833$11,645,834
Total liabilities$27,878,961$28,243,588$28,575,845$34,622,489$42,648,087
 
Net assets20202019201820172016
Without donor restrictions$46,126,343$44,439,275$45,355,993$40,719,905$27,395,413
With donor restrictions$70,385,968$55,054,854$53,178,647$54,687,332$54,874,987
Net assets$116,512,311$99,494,129$98,534,640$95,407,237$82,270,400
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$219,868,217$212,587,547$219,292,609$229,862,418$233,582,835
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$926,676$2,441,935$2,843,917$2,452,369$609,863
Other revenue$1,320,741$1,981,488$1,583,074$1,599,447$1,221,882
Total other revenue$2,247,417$4,423,423$4,426,991$4,051,816$1,831,745
Total revenue$222,115,634$217,010,970$223,719,600$233,914,234$235,414,580
 
Expenses20202019201820172016
Program services$165,845,546$167,332,022$183,692,699$186,769,402$196,911,849
Management and general$20,319,564$20,158,371$18,938,596$17,308,052$17,676,906
Fundraising$22,639,005$27,634,046$23,803,614$24,831,154$21,110,581
Total expenses$208,804,115$215,124,439$226,434,909$228,908,608$235,699,336
 
Change in net assets20202019201820172016
Surplus (deficit)$13,311,519$1,886,531($2,715,309)$5,005,626($284,756)
Other changes in net assets($2,819,314)($927,042)$5,842,712$8,131,211($4,024,896)
Total change in net assets$10,492,205$959,489$3,127,403$13,136,837($4,309,652)

Compensation

NameTitleCompensation
Anne GoddardPresdent$430,352
James TuiteVice President/CFO$286,099
Adam HicksChief Dev & Mktg Officer$270,347
Naomi RutherbergVP, Programs & Partnerships$259,178
Cheryl DahlDir, Brand Mktg & Comm.$248,200
Scott ShermanVP, Global Human Resources$242,825
Jeremy WilletPublic Speaker$224,253

Compensation data as of: 6/30/2020


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 8/6/2021. To update the information below, please email: info@ministrywatch.com


History

Helping children in poverty has always been at our heart, although how we do it has changed over time. What's been consistent is our desire to ever improve how we make an impact - we've fostered a spirit of innovation from the beginning, first as China's Children Fund, then as Christian Children's Fund and now as ChildFund International.

We're still growing and learning, but now we're doing it under a name that fully reflects the way we've always welcomed children and supporters of all nationalities and faiths to change the world through our programs. Here's how.

Innovation #1: The sponsorship model

Our founder, Dr. J. Calvitt Clarke, was an early innovator in gathering support for his cause: He started the "child sponsorship" concept we know today, asking a sponsor to donate to help one child.

Innovation #2: Working with families

Acting on its growing understanding of what works for children, ChildFund moved from running orphanages to helping families and communities fight poverty at its roots.

Innovation #3: Local communities run the local programs

Because helping an individual child only goes so far, we added community-level interventions. We determined the best way forward for lasting change was to have local people lead those local programs, because they understand cultural nuances and their local needs best. We added a focus on the whole child - not just physical needs, but emotional and social ones, as well.

Innovation #4: Pioneering accountability measures

As we grew, we knew our sponsors would want to know their dollars were being well spent, so we created a Code of Fundraising Ethics: our continuing promise that we will conduct ourselves with accountability, integrity, stewardship and honesty.

Innovation #5: A fund for emergencies

We created the Emergency Action Fund, which allows our emergency response teams to provide immediate relief and long-term assistance to children in wars, droughts, hurricanes and more.

Innovation #6: Places for recovery

We established the first of our Child-Centered Spaces to help children affected by war recover, learn, play and heal. These spaces, which we now offer in any kind of emergency, help children return to a sense of normalcy, hope and calm.

Innovation #7: A new approach to program development

We conducted an in-depth study on child poverty, which revealed that children acutely feel not only the physical but also the emotional and social impacts of poverty. As a result, we found that listening to children's voices when it comes to how poverty affects them makes a profound difference in how we help them improve their futures. We listen before we act. And when we help, it's as a partner.

We'll keep growing and learning: We've evolved and innovated over the years to improve the lives of children who are in the most distress, and we empower the communities where they live to take responsibility for this work themselves. We will continue doing so, to ensure that children are heard and receive the physical, cognitive, psychological, emotional and social support they need to become leaders in their communities.


Program accomplishments


Needs