Giving Children Hope

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/14/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

Giving Children Hope is a community driven nonprofit that equips front line partners with resources to serve vulnerable children and families.


Contact information

Mailing address:
Giving Children Hope
8332 Commonwealth Ave
Buena Park, CA 90621

Website: givingchildrenhope.org

Phone: 714-523-4454

Email: info@gchope.org


Organization details

EIN: 953464287

CEO/President: Mr. Joe Schoeningh

Chairman: Robert Burns

Board size: 12

Founder: John Ditty and Juliana Reasor

Year founded: 1982

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Vision: Wellness for Vulnerable Children and Families.


Mission statement

Giving Children Hope is a faith-based partner providing sustainable hope through wellness programs and disaster response in collaboration with local and global communities.


Statement of faith

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Advocacy

CategoryRatingOverall rankSector rank
Overall efficiency rating24 of 9112 of 38
Fund acquisition rating61 of 9131 of 38
Resource allocation rating5 of 9131 of 38
Asset utilization rating207 of 9116 of 38

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%0%0%0%1%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
7%0%0%0%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
97%100%98%98%98%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%0%0%0%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
3%0%2%2%2%3%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%97%97%98%98%98%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%131%102%125%92%96%
Program output ratio Program output ratio =
Program services /
Total revenue
77%127%99%123%90%94%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%-31%-2%-25%8%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%-99%-14%-156%15%9%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%3%3%2%1%2%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.313.044.305.061.461.95
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.241.301.481.441.221.15
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.673.956.367.271.792.24
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.0949.0445.8183.59391.80482.91
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.020.020.010.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.732.981.851.636.715.35
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
18%28%38%35%12%14%
Debt ratio Debt ratio =
Debt /
Total assets
0%26%36%34%11%14%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
58%24%14%13%60%44%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$102,049$329,663$357,251$555,347$447,020
Receivables, inventories, prepaids$6,288,654$3,810,093$4,284,076$17,110,597$14,190,042
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$6,390,703$4,139,756$4,641,327$17,665,944$14,637,062
Long-term investments$0$0$0$0$0
Fixed assets$1,920,474$1,978,326$2,035,068$3,881,081$2,157,572
Other long-term assets$0$0$0$0$0
Total long-term assets$1,920,474$1,978,326$2,035,068$3,881,081$2,157,572
Total assets$8,311,177$6,118,082$6,676,395$21,547,025$16,794,634
 
Liabilities20192018201720162015
Payables and accrued expenses$130,317$90,367$55,523$45,089$30,310
Other current liabilities$0$0$0$0$0
Total current liabilities$130,317$90,367$55,523$45,089$30,310
Debt$2,162,217$2,221,410$2,271,279$2,312,427$2,323,824
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$5,000$5,000$124,276$41,144
Total long-term liabilities$2,162,217$2,226,410$2,276,279$2,436,703$2,364,968
Total liabilities$2,292,534$2,316,777$2,331,802$2,481,792$2,395,278
 
Net assets20192018201720162015
Without donor restrictions$6,018,643$3,801,305$4,344,593$19,065,233$14,164,214
With donor restrictions$0$0$0$0$235,142
Net assets$6,018,643$3,801,305$4,344,593$19,065,233$14,399,356
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$19,238,307$25,190,655$26,364,414$33,896,771$33,194,642
Program service revenue$0$561,536$442,497$423,349$578,321
Membership dues$0$0$0$0$0
Investment income$2,081$1,718$1,460$1,426$90,279
Other revenue$52,482$33,367$152,094$98,033$184,505
Total other revenue$54,563$596,621$596,051$522,808$853,105
Total revenue$19,292,870$25,787,276$26,960,465$34,419,579$34,047,747
 
Expenses20192018201720162015
Program services$24,505,845$25,520,157$33,117,529$30,986,935$31,996,305
Management and general$663,891$760,422$590,723$307,625$565,818
Fundraising$65,836$49,985$45,153$239,721$220,474
Total expenses$25,235,572$26,330,564$33,753,405$31,534,281$32,782,597
 
Change in net assets20192018201720162015
Surplus (deficit)($5,942,702)($543,288)($6,792,940)$2,885,298$1,265,150
Other changes in net assets$0$0$0$0$0
Total change in net assets($5,942,702)($543,288)($6,792,940)$2,885,298$1,265,150

Compensation

Compensation data for this ministry has not been collected.


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 12/14/2020. To update the information below, please email: info@ministrywatch.com


History

Giving Children Hope was founded in 1993 by John Ditty and Juliana Reasor, who committed their lives to helping the world's most disadvantaged children after being exposed to extreme poverty while adopting their son in Russia. At that time Russia was experiencing a devastating famine and many people were struggling to survive. In addition to the famine, these people were lacking basic medical necessities to treat minor injuries or illnesses that might only need a simple medicine to cure. John and Juliana were touched by the great needs of these children and began helping by delivering donated medicines, medical supplies and equipment to some of the most economically impacted parts of the world. Today, 26 years later, thanks to our family of donors, Giving Children Hope is still sending supplies to some of the worlds most poverty-stricken nations and will continue to do so. However, with a closer look at children living in low-income communities in the United States, it became obvious that serving families was a necessary part of serving children. Giving Children Hope's vision grew to include local families and now provides them with immediate assistance in basic needs and health care.


Program accomplishments


Needs