ORPHANetwork

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

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating76 of 53514 of 93
Fund acquisition rating110 of 53527 of 93
Resource allocation rating153 of 53522 of 93
Asset utilization rating148 of 53530 of 93

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%4%5%5%8%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%4%5%5%8%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%100%100%104%101%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%4%4%5%8%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%0%0%-4%-1%0%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%86%88%89%86%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%94%110%87%94%100%
Program output ratio Program output ratio =
Program services /
Total revenue
80%81%97%77%80%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%6%-10%13%6%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%15%-26%30%18%1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%10%8%6%6%6%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.172.122.631.992.492.52
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.571.061.031.041.041.03
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.232.242.722.062.602.59
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.3224.4427.8730.3127.4023.74
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.040.040.030.040.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.615.134.255.624.454.44
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%4%3%3%3%4%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
71%45%37%49%39%38%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$1,371,920$988,919$2,450,713$1,792,450$1,488,535
Receivables, inventories, prepaids$401,112$158,190$225,805$80,178$88,224
Short-term investments$692,678$992,320$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,465,710$2,139,429$2,676,518$1,872,628$1,576,759
Long-term investments$0$0$0$0$0
Fixed assets$52,922$67,477$97,169$79,693$43,568
Other long-term assets$87,708$1,118$1,118$1,118$0
Total long-term assets$140,630$68,595$98,287$80,811$43,568
Total assets$2,606,340$2,208,024$2,774,805$1,953,439$1,620,327
 
Liabilities20182017201620152014
Payables and accrued expenses$100,891$76,778$88,314$61,447$56,593
Other current liabilities$0$0$0$6,898$9,813
Total current liabilities$100,891$76,778$88,314$68,345$66,406
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$100,891$76,778$88,314$68,345$66,406
 
Net assets20182017201620152014
Unrestricted$590,554$2,112,246$2,686,491$1,885,094$1,553,921
Temporarily restricted$1,914,895$19,000$0$0$0
Permanently restricted$0$0$0$0$0
Net assets$2,505,449$2,131,246$2,686,491$1,885,094$1,553,921
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$5,920,544$5,294,438$6,582,937$5,264,642$4,092,539
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$16,985$4,024$33,386$946$1,053
Other revenue($29,747)($28,466)($291,309)($68,302)$0
Total other revenue($12,762)($24,442)($257,923)($67,356)$1,053
Total revenue$5,907,782$5,269,996$6,325,014$5,197,286$4,093,592
 
Expenses20182017201620152014
Program services$4,769,273$5,102,971$4,888,558$4,165,675$3,537,862
Management and general$549,136$454,793$333,416$287,671$240,388
Fundraising$211,845$259,798$301,643$412,767$300,705
Total expenses$5,530,254$5,817,562$5,523,617$4,866,113$4,078,955
 
Change in net assets20182017201620152014
Surplus (deficit)$377,528($547,566)$801,397$331,173$14,637
Other changes in net assets$0$0$0$0$0
Total change in net assets$377,528($547,566)$801,397$331,173$14,637

Response from ministry

No response has been provided by this ministry.


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