ChildFund / Christian Children's Fund/ CCF

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

CategoryRatingOverall rankSector rank
Overall efficiency rating658 of 76755 of 68
Fund acquisition rating583 of 76853 of 68
Resource allocation rating574 of 76853 of 68
Asset utilization rating503 of 76740 of 68

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
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 ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%79%78%81%82%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
100%94%99%101%98%100%
Program output ratio Program output ratio =
Program services /
Total revenue
85%75%77%82%80%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
0%6%1%-1%2%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
1%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
1.861.451.681.781.761.89
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.301.371.461.481.411.35
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.891.982.472.632.482.54
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.009.135.474.263.762.99
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.110.180.230.270.33
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.005.403.983.493.563.14
 
Solvency ratiosSector median20202019201820172016
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
42%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
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
 
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$431,897
Paul BodeVP Global Operations$325,848
James TuiteVice President/CFO$285,111
Adam HicksChief Dvlpmt & Mktg Officer$274,252
Cheryl Dahl VPVice President$259,234
Scott Sherman VPVice President$248,323
Cheri SpenceCIO & Vp, Info Technology$239,496

Compensation data as of: 6/30/2019


Response from ministry

No response has been provided by this ministry.


History


Program accomplishments


Needs