Giving Children Hope 
The information on this page was last updated 5/1/2023. If you see errors or omissions, please email: [email protected]
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: [email protected]
Organization details
EIN: 953464287
CEO/President: Pete Bowen
Chairman: James Wilcox
Board size: 14
Founder: John Ditty and Juliana Reasor
Ruling year: 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
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Advocacy
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 13 of 1104 | 1 of 42 |
| Fund acquisition rating | | 123 of 1105 | 1 of 42 |
| Resource allocation rating | | 20 of 1105 | 1 of 42 |
| Asset utilization rating | | 31 of 1104 | 1 of 42 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 9% | 2% | 1% | 1% | 1% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 7% | 2% | 1% | 1% | 1% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 96% | 96% | 96% | 98% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 7% | 2% | 1% | 1% | 1% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 4% | 4% | 4% | 2% | 0% | 0% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 97% | 97% | 98% | 97% | 97% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 103% | 112% | 103% | 99% | 131% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 100% | 108% | 101% | 96% | 127% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | -3% | -12% | -3% | 1% | -31% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 9% | -45% | -93% | -19% | 5% | -99% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 1% | 2% | 1% | 2% | 3% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.10 | 6.68 | 4.44 | 3.91 | 3.44 | 3.04 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.43 | 1.85 | 1.64 | 1.37 | 1.29 | 1.30 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.06 | 12.34 | 7.28 | 5.35 | 4.43 | 3.95 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.54 | 17.64 | 24.52 | 66.72 | 13.75 | 49.04 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.06 | 0.04 | 0.01 | 0.07 | 0.02 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.89 | 0.92 | 1.58 | 2.21 | 2.51 | 2.98 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 16% | 59% | 50% | 34% | 32% | 28% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 51% | 44% | 31% | 23% | 26% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 65% | 6% | 11% | 17% | 20% | 24% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $234,947 | $357,988 | $505,530 | $649,479 | $102,049 |
| Receivables, inventories, prepaids | $2,261,105 | $2,994,865 | $5,391,013 | $6,581,786 | $6,288,654 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,496,052 | $3,352,853 | $5,896,543 | $7,231,265 | $6,390,703 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $2,084,581 | $2,141,570 | $2,167,670 | $2,089,491 | $1,920,474 |
| Other long-term assets | $32,715 | $0 | $0 | $0 | $0 |
| Total long-term assets | $2,117,296 | $2,141,570 | $2,167,670 | $2,089,491 | $1,920,474 |
| Total assets | $4,613,348 | $5,494,423 | $8,064,213 | $9,320,756 | $8,311,177 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $141,538 | $136,721 | $88,378 | $125,789 | $130,317 |
| Other current liabilities | $0 | $0 | $0 | $400,000 | $0 |
| Total current liabilities | $141,538 | $136,721 | $88,378 | $525,789 | $130,317 |
| Debt | $2,375,492 | $2,433,947 | $2,490,443 | $2,112,739 | $2,162,217 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $191,391 | $164,382 | $167,951 | $340,702 | $0 |
| Total long-term liabilities | $2,566,883 | $2,598,329 | $2,658,394 | $2,453,441 | $2,162,217 |
| Total liabilities | $2,708,421 | $2,735,050 | $2,746,772 | $2,979,230 | $2,292,534 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $1,820,726 | $2,759,373 | $5,317,441 | $6,341,526 | $6,018,643 |
| With donor restrictions | $84,201 | $0 | $0 | $0 | $0 |
| Net assets | $1,904,927 | $2,759,373 | $5,317,441 | $6,341,526 | $6,018,643 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $28,835,070 | $20,998,589 | $29,863,630 | $32,273,555 | $19,238,307 |
| Program service revenue | $1,028,305 | $784,241 | $558,618 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $2,535 | $11,527 | $646 | $12,072 | $2,081 |
| Other revenue | $83,428 | $55,479 | $89,255 | $85,168 | $52,482 |
| Total other revenue | $1,114,268 | $851,247 | $648,519 | $97,240 | $54,563 |
| Total revenue | $29,949,338 | $21,849,836 | $30,512,149 | $32,370,795 | $19,292,870 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $29,931,802 | $23,681,743 | $30,806,605 | $31,217,168 | $24,505,845 |
| Management and general | $407,892 | $432,409 | $456,082 | $540,662 | $663,891 |
| Fundraising | $464,090 | $293,752 | $273,547 | $290,082 | $65,836 |
| Total expenses | $30,803,784 | $24,407,904 | $31,536,234 | $32,047,912 | $25,235,572 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | ($854,446) | ($2,558,068) | ($1,024,085) | $322,883 | ($5,942,702) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($854,446) | ($2,558,068) | ($1,024,085) | $322,883 | ($5,942,702) |
Compensation
| Name | Title | Compensation |
| Peter Bowen | CEO | $161,564 |
| Marius Marza | Director of Operations | $87,801 |
Compensation data as of: 6/30/2023
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 5/1/2023. To update the information below, please email: [email protected]
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
45,000lbs of food distributed to 3,500 children in 1,300 families, through our We've Got Your Back program, on a weekly basis
20+ tons of household goods distributed to 70,000+ families, through our network of partners, annually
30+ parents have been provided leadership development so they can grow and achieve success through our family development pilot program