Serving Orphans Worldwide

The information on this page was last updated 4/3/2023. If you see errors or omissions, please email: [email protected]


Summary

We at Serving Orphans Worldwide believe that all children are loved by God. Throughout Scripture, we see God's heart for the fatherless and James 1:27 makes very clear the mandate to care for orphaned children to His glory. We believe that one of the responsibilities of God's people is to care for widows, orphans, and those who have been marginalized by the economic and social systems of the world. It is to that end that we come alongside the body of Christ to support orphanages and children's homes.

SOW cares for orphaned children by empowering their caregivers to do their best work, with compassion, grace, integrity and excellence. Our end goal is to see every child reach the potential that God has for them.


Contact information

Mailing address:
Serving Orphans Worldwide
PO BOX 1403
Bristol, TN 37621

Website: soworldwide.org

Phone: 866 580 5700

Email: [email protected]


Organization details

EIN: 043614613

CEO/President: Dr. John Gregory

Chairman: Dr. John Gregory

Board size: 24

Founder: Dr. John Gregory

Ruling year: 2004

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2014


Purpose

We rescue, train and sustain struggling children's homes.


Mission statement


Statement of faith

Serving Orphans Worldwide (SOW) shares a statement of faith commonly accepted by Christians, as follows:

We believe the Bible to be the only inspired, infallible, and authoritative word of God.

We believe there is one God, eternally existent in three persons: Father, Son and Holy Spirit.

We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.

We believe that for the salvation of lost and sinful people, regeneration by the Holy Spirit is absolutely essential.

We believe in the present ministry of the Holy Spirit, by whose indwelling the Christian is enabled to live a godly life.

We believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.

We believe in the spiritual unity of believers in our Lord Jesus Christ.

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating23 of 11046 of 122
Fund acquisition rating81 of 11057 of 122
Resource allocation rating75 of 110522 of 122
Asset utilization rating89 of 110410 of 122

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%1%1%1%11%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%1%1%1%11%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%100%100%100%100%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%1%1%1%10%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%0%0%0%0%1%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%91%86%84%76%77%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%85%92%90%106%95%
Program output ratio Program output ratio =
Program services /
Total revenue
75%77%79%75%81%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%15%8%10%-6%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%45%24%33%-24%20%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%8%13%16%13%17%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.842.482.812.924.263.41
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.741.771.001.001.001.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.724.392.812.924.263.42
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.07375.13175.44228.1131.0044.76
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.000.010.000.030.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.272.734.244.092.723.43
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%0%1%0%3%2%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
101%40%35%34%23%29%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$973,962$955,664$724,452$502,950$616,389
Receivables, inventories, prepaids$250$1,702$250$250$1,748
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$974,212$957,366$724,702$503,200$618,137
Long-term investments$750,040$0$0$0$0
Fixed assets$0$0$0$0$602
Other long-term assets$675$0$675$0$0
Total long-term assets$750,715$0$675$0$602
Total assets$1,724,927$957,366$725,377$503,200$618,739
 
Liabilities20222021202020192018
Payables and accrued expenses$2,597$5,457$3,177$16,234$13,811
Other current liabilities$0$0$0$0$0
Total current liabilities$2,597$5,457$3,177$16,234$13,811
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$2,597$5,457$3,177$16,234$13,811
 
Net assets20222021202020192018
Without donor restrictions$1,611,296$897,070$556,771$486,966$0
With donor restrictions$111,034$54,839$165,429$0$604,928
Net assets$1,722,330$951,909$722,200$486,966$604,928
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$5,042,070$2,935,614$2,351,363$2,019,145$2,195,974
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$331$84$160$396$19,290
Other revenue$43($11,845)$1,144$6,948$14,042
Total other revenue$374($11,761)$1,304$7,344$33,332
Total revenue$5,042,444$2,923,853$2,352,667$2,026,489$2,229,306
 
Expenses20222021202020192018
Program services$3,898,603$2,322,498$1,771,961$1,635,887$1,636,078
Management and general$334,161$354,095$328,661$287,262$353,019
Fundraising$39,259$17,551$16,811$221,302$122,234
Total expenses$4,272,023$2,694,144$2,117,433$2,144,451$2,111,331
 
Change in net assets20222021202020192018
Surplus (deficit)$770,421$229,709$235,234($117,962)$117,975
Other changes in net assets$0$0$0$0$0
Total change in net assets$770,421$229,709$235,234($117,962)$117,975

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 4/3/2023. To update the information below, please email: [email protected]


History


Program accomplishments

Our Global Impact

69 Children's Homes

29 Countries

6000+ Children Served


Needs