ORPHANetwork

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/16/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

ORPHANetwork rescues abandoned, abused, and orphaned children, and prevents vulnerable children from becoming abandoned through the local Nicaraguan church.


Contact information

Mailing address:
ORPHANetwork
2624 Southern Blvd
Suite 202
Virginia Beach, VA 23452

Website: orphanetwork.org

Phone: 757-333-7200

Email: info@orphanetwork.org


Organization details

EIN: 541983817

CEO/President: Dick Anderson

Chairman: Ted Willie

Board size: 10

Founder:

Year founded: 2002

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2004


Purpose

Vision: Each vulnerable and orphaned child would be raised to their God-given potential.


Mission statement

Our mission is to: Rescue abandoned, abused and orphaned children. Prevent vulnerable children from being abandoned. Create opportunities for new life. Share Christ with everyone.


Statement of faith

As a Christian organization, ORPHANetwork believes: The Bible is the inspired word of God and is the supreme authority in all matters of faith and conduct. (2 Timothy 3:16-17). There is one living sovereign God who eternally exists in three persons: Father, Son and Holy Spirit. (Rev. 1:8; Isaiah 43:10-11; Deut. 6:4; Matt. 28:19) God created people in his image and everyone matters to God. (Gen. 1:26-27; Gen. 5:1-2). Jesus was sent by the Father to live on earth; he was fully God and fully human yet had no sin. Jesus willingly laid down his life and after three days rose from the grave. In doing this Jesus fulfilled the payment for the world's debt of sin. (Luke 1:31,35; 1 Cor. 15:3; 2 Cor. 5:21). All people are sinners and need God's forgiveness. (Romans 3:23). Those who confess and turn from their sin, trusting in Jesus Christ, will be saved by grace and become children of God with the promise of eternal life. (John 3:16-17; Gal. 3:26). Jesus Christ is the head of the church and all believing people are members. (Eph. 4:15-16) The Holy Spirit was sent by the Father and Son to convict the world of sin and to empower all who believe in Jesus Christ. He lives in every believer and is a constant teacher, helper and guide. (John 14:16-17) Jesus Christ will return and there will be a final judgment. (Matt. 24:3,37)

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating297 of 81735 of 99
Fund acquisition rating330 of 81743 of 99
Resource allocation rating513 of 81757 of 99
Asset utilization rating210 of 81728 of 99

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%5%4%5%5%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%5%4%5%5%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%100%100%100%104%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%5%4%4%5%10%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%0%0%0%-4%0%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%81%86%88%89%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%100%94%110%87%94%
Program output ratio Program output ratio =
Program services /
Total revenue
82%81%81%97%77%79%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%0%6%-10%13%6%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%1%15%-26%30%18%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%13%10%8%6%6%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.472.402.122.631.992.53
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.061.061.031.041.04
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.192.552.242.722.062.64
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.2727.3224.4427.8730.3127.40
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.040.040.040.030.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.904.535.134.255.624.39
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%3%4%3%3%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
62%40%45%37%49%38%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$1,943,016$1,371,920$988,919$2,450,713$1,792,450
Receivables, inventories, prepaids$69,712$401,112$158,190$225,805$80,178
Short-term investments$470,993$692,678$992,320$0$0
Other current assets$0$0$0$0$0
Total current assets$2,483,721$2,465,710$2,139,429$2,676,518$1,872,628
Long-term investments$0$0$0$0$0
Fixed assets$48,373$52,922$67,477$97,169$79,693
Other long-term assets$105,704$87,708$1,118$1,118$1,118
Total long-term assets$154,077$140,630$68,595$98,287$80,811
Total assets$2,637,798$2,606,340$2,208,024$2,774,805$1,953,439
 
Liabilities20192018201720162015
Payables and accrued expenses$90,927$100,891$76,778$88,314$61,447
Other current liabilities$0$0$0$0$6,898
Total current liabilities$90,927$100,891$76,778$88,314$68,345
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$90,927$100,891$76,778$88,314$68,345
 
Net assets20192018201720162015
Unrestricted$0$590,554$2,112,246$2,686,491$1,885,094
Temporarily restricted$0$1,914,895$19,000$0$0
Permanently restricted$0$0$0$0$0
Net assets$2,546,871$2,505,449$2,131,246$2,686,491$1,885,094
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$6,377,627$5,920,544$5,294,438$6,582,937$5,264,642
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$15,080$16,985$4,024$33,386$946
Other revenue($26,180)($29,747)($28,466)($291,309)$0
Total other revenue($11,100)($12,762)($24,442)($257,923)$946
Total revenue$6,366,527$5,907,782$5,269,996$6,325,014$5,265,588
 
Expenses20192018201720162015
Program services$5,152,435$4,769,273$5,102,971$4,888,558$4,165,675
Management and general$851,861$549,136$454,793$333,416$287,671
Fundraising$334,125$211,845$259,798$301,643$481,069
Total expenses$6,338,421$5,530,254$5,817,562$5,523,617$4,934,415
 
Change in net assets20192018201720162015
Surplus (deficit)$28,106$377,528($547,566)$801,397$331,173
Other changes in net assets$0$0$0$0$0
Total change in net assets$28,106$377,528($547,566)$801,397$331,173

Compensation

NameTitleCompensation
Richard AndersonChief Executive Officer$206,271
Thomas DraperChief Operations Officer$153,400

Compensation data as of: 12/31/2019


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 12/16/2020. To update the information below, please email: info@ministrywatch.com


History

We were started by a high school youth group who was wrecked by their visit to an orphanage in Nicaragua in the mid-90's. They went home and their lives were never the same. Led by God, they started to make a difference for the children through prayer and financial support. Thus began ORPHANetwork - a network of like-minded churches and individuals who have God's heart for social orphans. Today we have grown to reach 20,000 vulnerable and orphaned children across the country.


Program accomplishments


Needs