ChildFund / Christian Children's Fund/ CCF 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/10/2021. 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.
This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law.
Contact information
Mailing address:
P.O. Box 26484
2821 Emerywood Parkway (23294-3726)
Richmond, VA 23261-6484
Website: www.childfund.org
Phone: (800) 776-6767
Email: info@ccfusa.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
ChildFund (formerly Christian Children's Fund - CCF) was established in 1938 and has developed into an international, non-sectarian, nonprofit child welfare organization operating with program offices around the world and providing assistance in over fifty countries. ChildFund programs promote long-term sustainable development and are designed to help break the cycle of poverty. Through donations, 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.
This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law.
Mission statement
ChildFund expresses its mission statement as follows:
ChildFund creates an environment of hope and respect for needy children of all cultures and beliefs in which they have opportunities to achieve their full potential, and provides practical tools for positive change - to children, families and communities.
Statement of faith
ChildFund does not have a statement of faith. "Non-sectarian" is the phrase ChildFund uses to describe their religious standing.
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 | | 707 of 844 | 56 of 70 |
| Fund acquisition rating | | 633 of 844 | 55 of 70 |
| Resource allocation rating | | 637 of 844 | 57 of 70 |
| Asset utilization rating | | 536 of 844 | 42 of 70 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
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 | 98% | 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 | 2% | 1% | 2% | 2% | 2% | 1% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 79% | 78% | 81% | 82% | 84% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 94% | 99% | 101% | 98% | 100% |
Program output ratio Program output ratio = Program services / Total revenue | 84% | 75% | 77% | 82% | 80% | 84% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 6% | 1% | -1% | 2% | 0% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 11% | 2% | -3% | 5% | 0% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 6% | 10% | 9% | 8% | 8% | 7% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.93 | 1.45 | 1.68 | 1.78 | 1.76 | 1.89 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.34 | 1.37 | 1.46 | 1.48 | 1.41 | 1.35 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.95 | 1.98 | 2.47 | 2.63 | 2.48 | 2.54 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 8.23 | 9.13 | 5.47 | 4.26 | 3.76 | 2.99 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.11 | 0.11 | 0.18 | 0.23 | 0.27 | 0.33 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.06 | 5.40 | 3.98 | 3.49 | 3.56 | 3.14 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 13% | 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 | 41% | 56% | 46% | 44% | 42% | 35% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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 assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Unrestricted | $46,126,343 | $44,439,275 | $45,355,993 | $40,719,905 | $27,395,413 |
| Temporarily restricted | $70,385,968 | $55,054,854 | $35,809,855 | $37,472,401 | $38,002,155 |
| Permanently restricted | $0 | $0 | $17,368,792 | $17,214,931 | $16,872,832 |
| Net assets | $116,512,311 | $99,494,129 | $98,534,640 | $95,407,237 | $82,270,400 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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 assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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
| Name | Title | Compensation |
| Anne Goddard | Presdent | $431,897 |
| Paul Bode | VP Global Operations | $325,848 |
| James Tuite | Vice President/CFO | $285,111 |
| Adam Hicks | Chief Dvlpmt & Mktg Officer | $274,252 |
| Cheryl Dahl VP | Vice President | $259,234 |
| Scott Sherman VP | Vice President | $248,323 |
| Cheri Spence | CIO & Vp, Info Technology | $239,496 |
Compensation data as of: 6/30/2019
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 2/10/2021. To update the information below, please email: info@ministrywatch.com