ORPHANetwork

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/8/2021. 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:

Ruling year: 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: Adoption/Foster Care

CategoryRatingOverall rankSector rank
Overall efficiency rating644 of 99917 of 30
Fund acquisition rating638 of 100116 of 30
Resource allocation rating800 of 100127 of 30
Asset utilization rating281 of 9999 of 30

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%6%5%4%5%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
3%6%5%4%5%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
67%99%100%100%100%104%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
4%7%5%4%4%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
33%1%0%0%0%-4%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%76%81%86%88%89%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%93%100%94%110%87%
Program output ratio Program output ratio =
Program services /
Total revenue
77%71%81%81%97%77%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%7%0%6%-10%13%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
13%14%1%15%-26%30%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%17%13%10%8%6%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.221.832.402.122.631.99
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.471.041.061.061.031.04
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.941.902.552.242.722.06
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
5.7327.0627.3224.4427.8730.31
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.140.040.040.040.040.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.056.094.535.134.255.62
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
19%4%3%4%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
56%53%40%45%37%49%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$2,654,202$1,943,016$1,371,920$988,919$2,450,713
Receivables, inventories, prepaids$85,963$69,712$401,112$158,190$225,805
Short-term investments$237,742$470,993$692,678$992,320$0
Other current assets$0$0$0$0$0
Total current assets$2,977,907$2,483,721$2,465,710$2,139,429$2,676,518
Long-term investments$0$0$0$0$0
Fixed assets$28,892$48,373$52,922$67,477$97,169
Other long-term assets$80,090$105,704$87,708$1,118$1,118
Total long-term assets$108,982$154,077$140,630$68,595$98,287
Total assets$3,086,889$2,637,798$2,606,340$2,208,024$2,774,805
 
Liabilities20202019201820172016
Payables and accrued expenses$110,065$90,927$100,891$76,778$88,314
Other current liabilities$0$0$0$0$0
Total current liabilities$110,065$90,927$100,891$76,778$88,314
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$110,065$90,927$100,891$76,778$88,314
 
Net assets20202019201820172016
Without donor restrictions$2,130,275$2,351,641$590,554$2,112,246$2,686,491
With donor restrictions$846,549$195,230$1,914,895$19,000$0
Net assets$2,976,824$2,546,871$2,505,449$2,131,246$2,686,491
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$5,989,074$6,377,627$5,920,544$5,294,438$6,582,937
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$14,099$15,080$16,985$4,024$33,386
Other revenue$75,174($26,180)($29,747)($28,466)($291,309)
Total other revenue$89,273($11,100)($12,762)($24,442)($257,923)
Total revenue$6,078,347$6,366,527$5,907,782$5,269,996$6,325,014
 
Expenses20202019201820172016
Program services$4,292,665$5,152,435$4,769,273$5,102,971$4,888,558
Management and general$971,262$851,861$549,136$454,793$333,416
Fundraising$386,215$334,125$211,845$259,798$301,643
Total expenses$5,650,142$6,338,421$5,530,254$5,817,562$5,523,617
 
Change in net assets20202019201820172016
Surplus (deficit)$428,205$28,106$377,528($547,566)$801,397
Other changes in net assets$0$0$0$0$0
Total change in net assets$428,205$28,106$377,528($547,566)$801,397

Compensation

NameTitleCompensation
Richard AndersonChief Executive Officer$198,620
Thomas DraperChief Operations Officer$167,159

Compensation data as of: 12/31/2020


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 9/8/2021. 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