Orphanos Foundation 
The information on this page was last updated 12/21/2023. If you see errors or omissions, please email: [email protected]
Summary
Orphanos provides "fee-free" donor-management services for Christian missionaries and ministries caring for vulnerable children and families.
Contact information
Mailing address:
Orphanos Foundation
PO Box 1057
Cordova, TN 38088-1057
Website: orphanos.org
Phone: 901-458-9500
Email: [email protected]
Organization details
EIN: 621694378
CEO/President: Wayne Sneed
Chairman: Wayne Sneed, vice-chair
Board size: 7
Founder:
Ruling year: 1998
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2007
Purpose
Our main focus is providing these specific services to our partners:
Money Care - We facilitate the donation process for our partners to focus on their work and receive funds from donors worry-free.
Member Care - We bless, coach, encourage, and pray for our missionary partners so they can be healthy and whole individuals.
Ministry Care - We bless, coach, encourage, and pray for our partner organizations so they can operate their ministries with administrative excellence.
Media Care - We provide insight into modern media research, innovative strategies, and personalized coaching for our partners towards the goal of excellence in their media footprint.
Mission statement
Our sole mission is to glorify Jesus Christ and serve His purpose on earth. We aspire to do this by providing professional support services to our partners that enables them to provide direct childcare that is God-honoring and positively impacts the whole child and their families.
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Adoption/Foster Care
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 64 of 1106 | 1 of 32 |
| Fund acquisition rating | | 14 of 1107 | 1 of 32 |
| Resource allocation rating | | 62 of 1107 | 1 of 32 |
| Asset utilization rating | | 530 of 1106 | 14 of 32 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 0% | 0% | 0% | 1% | 1% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 0% | 0% | 0% | 1% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 60% | 99% | 99% | 98% | 99% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 4% | 0% | 0% | 1% | 1% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 40% | 1% | 1% | 2% | 1% | 1% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 98% | 99% | 98% | 99% | 98% |
Spending ratio Spending ratio = Total expenses / Total revenue | 101% | 94% | 90% | 77% | 98% | 92% |
Program output ratio Program output ratio = Program services / Total revenue | 85% | 92% | 88% | 76% | 97% | 90% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | -1% | 6% | 10% | 23% | 2% | 8% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | 8% | 14% | 32% | 3% | 12% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 1% | 1% | 1% | 1% | 1% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.04 | 1.17 | 1.20 | 1.07 | 1.59 | 1.30 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.35 | 1.15 | 1.16 | 1.20 | 1.20 | 1.17 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.74 | 1.34 | 1.39 | 1.29 | 1.91 | 1.52 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.54 | 56.44 | 146.03 | 408.87 | 23.85 | 115.24 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.02 | 0.01 | 0.00 | 0.04 | 0.01 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.41 | 8.76 | 8.56 | 9.30 | 6.02 | 7.84 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 2% | 1% | 0% | 8% | 6% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 5% | 5% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 84% | 84% | 83% | 93% | 58% | 72% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $2,230,884 | $3,355,840 | $2,776,492 | $2,051,608 | $1,996,426 |
| Receivables, inventories, prepaids | $8,688 | $990 | $990 | $990 | $6,165 |
| Short-term investments | $1,497,487 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,737,059 | $3,356,830 | $2,777,482 | $2,052,598 | $2,002,591 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $538,740 | $543,221 | $561,701 | $327,842 | $338,384 |
| Other long-term assets | $18,132 | $0 | $0 | $90,314 | $3,957 |
| Total long-term assets | $556,872 | $543,221 | $561,701 | $418,156 | $342,341 |
| Total assets | $4,293,931 | $3,900,051 | $3,339,183 | $2,470,754 | $2,344,932 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $66,218 | $22,988 | $6,793 | $86,050 | $17,378 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $66,218 | $22,988 | $6,793 | $86,050 | $17,378 |
| Debt | $18,132 | $0 | $0 | $118,892 | $125,378 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1,900 | $1,900 | $500 | $500 | $500 |
| Total long-term liabilities | $20,032 | $1,900 | $500 | $119,392 | $125,878 |
| Total liabilities | $86,250 | $24,888 | $7,293 | $205,442 | $143,256 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $392,249 | $401,370 | $353,282 | $292,851 | $2,201,676 |
| With donor restrictions | $3,815,432 | $3,473,793 | $2,978,608 | $1,972,461 | $0 |
| Net assets | $4,207,681 | $3,875,163 | $3,331,890 | $2,265,312 | $2,201,676 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $5,284,692 | $5,154,149 | $4,547,734 | $3,939,737 | $3,289,404 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $23,996 | $14,192 | $17,401 | $30,552 | $7,572 |
| Other revenue | $51,818 | $49,377 | $76,268 | $12,064 | $11,164 |
| Total other revenue | $75,814 | $63,569 | $93,669 | $42,616 | $18,736 |
| Total revenue | $5,360,506 | $5,217,718 | $4,641,403 | $3,982,353 | $3,308,140 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $4,936,432 | $4,611,806 | $3,518,824 | $3,866,299 | $2,985,425 |
| Management and general | $71,928 | $41,453 | $35,791 | $31,309 | $29,964 |
| Fundraising | $17,629 | $21,183 | $20,213 | $21,108 | $24,398 |
| Total expenses | $5,025,989 | $4,674,442 | $3,574,828 | $3,918,716 | $3,039,787 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $334,517 | $543,276 | $1,066,575 | $63,637 | $268,353 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $334,517 | $543,276 | $1,066,575 | $63,637 | $268,353 |
Compensation
| Name | Title | Compensation |
| R Wayne Sneed | Vice-Chairma | $50,400 |
Compensation data as of: 12/31/2022
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 12/21/2023. To update the information below, please email: [email protected]
History
Program accomplishments
We estimate that since 1997, our "fee-free" model has saved our partners more than 6 million dollars but, it is about more than just financial savings.