Orphanos Foundation

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/8/2021. To update the information in this column, please email: info@ministrywatch.com


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
110 Timber Creek Drive
Suite 1
Memphis, TN 38018

Website: orphanos.org

Phone: 901-458-9500

Email: info@orphanos.org


Organization details

EIN: 621694378

CEO/President: Wayne Sneed

Chairman:

Board size: 8

Founder:

Ruling year: 1998

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2007


Purpose

A thriving ministry requires more than financial support. Donor management is only a portion of what our partners need to successfully fulfill their God-given mission. We have committed to help care wholly for our partners by providing professional, personal, and spiritual support.

Money Care - In a God-honoring way, facilitate the easy, professional transfer of assets from the donor to the preference.

Member Care - In a God-honoring way, bless, coach, encourage, and pray for our missionary partners toward the goal of achieving healthy individuals.

Ministry Care - In a God-honoring way, bless, coach, encourage, and pray for our partner organizations toward the goal of administrative excellence in our partners.

Media Care - In a God-honoring way, provide insight into modern media research, innovative strategies, and personalized coaching for our partners towards the goal of God honoring 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

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Adoption/Foster Care

CategoryRatingOverall rankSector rank
Overall efficiency rating35 of 9992 of 30
Fund acquisition rating21 of 10013 of 30
Resource allocation rating20 of 10012 of 30
Asset utilization rating326 of 99910 of 30

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%1%1%2%1%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
3%1%1%2%1%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
67%99%99%99%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
4%1%1%2%2%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
33%1%1%1%1%1%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%99%98%96%97%95%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%98%92%89%76%100%
Program output ratio Program output ratio =
Program services /
Total revenue
77%97%90%86%74%95%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%2%8%11%24%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
13%3%12%15%34%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%1%1%2%1%2%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.221.591.301.140.921.24
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.471.201.171.201.231.36
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.941.911.521.361.131.68
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
5.7323.85115.2456.3730.4042.09
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.140.040.010.020.030.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.056.027.848.6410.276.97
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
19%8%6%10%16%26%
Debt ratio Debt ratio =
Debt /
Total assets
0%5%5%8%13%24%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
56%58%72%80%92%60%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$2,051,608$1,996,426$1,782,163$1,570,566$1,068,548
Receivables, inventories, prepaids$990$6,165$0$10,638$0
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,052,598$2,002,591$1,782,163$1,581,204$1,068,548
Long-term investments$0$0$0$0$0
Fixed assets$327,842$338,384$349,983$362,750$371,967
Other long-term assets$90,314$3,957$4,685$2,244$11,552
Total long-term assets$418,156$342,341$354,668$364,994$383,519
Total assets$2,470,754$2,344,932$2,136,831$1,946,198$1,452,067
 
Liabilities20192018201720162015
Payables and accrued expenses$86,050$17,378$31,618$52,018$25,385
Other current liabilities$0$0$0$0$0
Total current liabilities$86,050$17,378$31,618$52,018$25,385
Debt$118,892$125,378$171,390$252,264$346,575
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$500$500$500$2,375$0
Total long-term liabilities$119,392$125,878$171,890$254,639$346,575
Total liabilities$205,442$143,256$203,508$306,657$371,960
 
Net assets20192018201720162015
Without donor restrictions$292,851$2,201,676$239,579$152,041$56,703
With donor restrictions$1,972,461$0$1,693,744$1,487,500$1,023,404
Net assets$2,265,312$2,201,676$1,933,323$1,639,541$1,080,107
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$3,939,737$3,289,404$2,707,891$2,327,063$1,774,408
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$30,552$7,572$4,853$4,360$3,694
Other revenue$12,064$11,164$12,651$15,074$20,376
Total other revenue$42,616$18,736$17,504$19,434$24,070
Total revenue$3,982,353$3,308,140$2,725,395$2,346,497$1,798,478
 
Expenses20192018201720162015
Program services$3,866,299$2,985,425$2,346,335$1,729,331$1,710,275
Management and general$31,309$29,964$43,508$26,391$39,003
Fundraising$21,108$24,398$41,768$31,342$46,661
Total expenses$3,918,716$3,039,787$2,431,611$1,787,064$1,795,939
 
Change in net assets20192018201720162015
Surplus (deficit)$63,637$268,353$293,784$559,433$2,539
Other changes in net assets$0$0$0$0$0
Total change in net assets$63,637$268,353$293,784$559,433$2,539

Compensation

NameTitleCompensation
R Wayne SneedVice-Chairma$40,183

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 11/8/2021. To update the information below, please email: info@ministrywatch.com


History


Program accomplishments


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