Unbound

The information on this page was last updated 1/3/2024. If you see errors or omissions, please email: [email protected]


Summary

Unbound is an international nonprofit based in Kansas City, Kansas, and founded by lay Catholics grounded in the Gospel call to put the needs of the marginalized and vulnerable first.


Contact information

Mailing address:
Unbound
1 Elmwood Ave
Kansas City, KS 66103

Website: www.unbound.org

Phone: (800) 875-6564

Email: [email protected]


Organization details

EIN: 431243999

CEO/President: Ashley Hufft

Chairman: Emma Miller

Board size: 8

Founder: Hentzen siblings & Jerry Tolle

Ruling year: 1983

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Unbound partners with families living in poverty, empowering them to become self-sufficient and fulfill their desired potential.


Mission statement

Unbound's mission is to walk with the poor and marginalized of the world.

By providing personal attention and direct benefits, we help children, youth, elders and their families in Africa, Asia and Latin America build their unique paths out of poverty. We invite all people of goodwill to join our community and walk in solidarity with the world's poor through one-to-one sponsorship. The connections we create foster relationships and transform lives across geographic, economic and social divides.


Statement of faith

Donor confidence score

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Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating211 of 111024 of 88
Fund acquisition rating406 of 111138 of 88
Resource allocation rating234 of 111119 of 88
Asset utilization rating415 of 111037 of 88

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%5%4%4%4%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%5%4%4%4%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%99%98%99%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%5%5%4%4%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%1%2%1%1%1%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%91%92%93%93%93%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%98%93%94%96%96%
Program output ratio Program output ratio =
Program services /
Total revenue
82%89%86%87%89%89%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%2%7%6%4%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%4%12%11%10%10%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
6%4%3%3%3%3%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.511.631.591.712.002.23
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.231.261.041.051.051.06
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.892.051.651.792.102.37
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
16.1242.7052.7532.8135.5334.40
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.020.020.030.030.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.825.717.126.485.544.92
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%3%3%7%4%4%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%3%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
60%60%61%54%48%43%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$14,409,726$14,103,530$17,419,236$13,894,359$12,583,691
Receivables, inventories, prepaids$1,156,711$1,735,050$1,300,498$1,030,903$1,023,133
Short-term investments$50,778,534$66,078,996$55,778,237$48,367,487$41,306,846
Other current assets$0$0$0$0$0
Total current assets$66,344,971$81,917,576$74,497,971$63,292,749$54,913,670
Long-term investments$0$0$0$0$0
Fixed assets$2,945,554$2,956,519$3,089,208$3,204,050$3,348,367
Other long-term assets$14,075,907$529,739$503,227$134,752$145,802
Total long-term assets$17,021,461$3,486,258$3,592,435$3,338,802$3,494,169
Total assets$83,366,432$85,403,834$78,090,406$66,631,551$58,407,839
 
Liabilities20222021202020192018
Payables and accrued expenses$1,553,794$1,534,258$2,251,721$1,569,608$1,377,409
Other current liabilities$0$18,655$18,855$211,621$218,866
Total current liabilities$1,553,794$1,552,913$2,270,576$1,781,229$1,596,275
Debt$0$0$2,386,100$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$608,610$680,476$636,619$571,238$582,919
Total long-term liabilities$608,610$680,476$3,022,719$571,238$582,919
Total liabilities$2,162,404$2,233,389$5,293,295$2,352,467$2,179,194
 
Net assets20222021202020192018
Without donor restrictions$47,415,080$48,933,262$40,143,512$31,596,789$23,958,997
With donor restrictions$33,788,948$34,237,183$32,653,599$32,682,295$32,269,648
Net assets$81,204,028$83,170,445$72,797,111$64,279,084$56,228,645
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$137,562,066$142,617,882$139,403,527$137,342,200$133,867,370
Program service revenue$8,463$1,771$106,459$483,712$516,464
Membership dues$0$0$0$0$0
Investment income$1,774,535$2,762,828$2,012,861$1,531,261$1,384,795
Other revenue$423$504$1,385$12,767$12,547
Total other revenue$1,783,421$2,765,103$2,120,705$2,027,740$1,913,806
Total revenue$139,345,487$145,382,985$141,524,232$139,369,940$135,781,176
 
Expenses20222021202020192018
Program services$124,536,093$124,837,962$123,815,933$123,381,974$121,138,641
Management and general$5,145,104$4,466,916$4,525,212$4,640,952$4,519,102
Fundraising$6,562,518$6,187,649$5,348,385$5,149,475$4,471,562
Total expenses$136,243,715$135,492,527$133,689,530$133,172,401$130,129,305
 
Change in net assets20222021202020192018
Surplus (deficit)$3,101,772$9,890,458$7,834,702$6,197,539$5,651,871
Other changes in net assets$0$0$0$0$0
Total change in net assets$3,101,772$9,890,458$7,834,702$6,197,539$5,651,871

Compensation

NameTitleCompensation
Scott WassermanPresident/Ceo (non-Voting)$312,036
Rob McElroyLead Software Architect$197,879
Steve McClainDir of Growth and Revenue Dev$187,315
Martin KrausTreasurer (non-Voting)/Dir Fin$186,325
Dan Winholtz PearsonDir of International Programs$179,949
John DoughertyDirector of Technology Service$165,164
Kristina ThompsonMARKETING/COMM DIRector$137,731
William HansenSecretary (non-Voting)/Fin Mgr$113,118
Rev Dennis MartinPreach Rep-Non-Voting$5,949

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 1/3/2024. To update the information below, please email: [email protected]


History

The vision for Unbound began with Bob, Bud and Jim Hentzen, their sister Nadine Hentzen Pearce and their friend Jerry Tolle. Bob and Jerry were former missionaries who, while working in Latin America, witnessed the devastating effects of poverty on families struggling heroically to make better lives for their children. Guided by faith and rooted in Catholic social teaching, the founders envisioned a program that would invite people to partner with families to support, encourage and empower them.

Visit: https://www.unbound.org/OurImpact/WhoWeAre/OurHistory


Program accomplishments

In the Unbound program...
51% of sponsored children stay in school more than a year longer than their peers.
77% of sponsored children participate in the program through organized small groups.
90% of mothers believe they have the power to change the lives of their families.


Needs

Your donation in support of our work helps us address the most urgent needs of the families we serve.