Remember Nhu
The information on this page was last updated 3/23/2023. If you see errors or omissions, please email: [email protected]
Summary
We're a nonprofit committed to ending child sex slavery through prevention. With the support of people like you, we currently have 120 homes for children in 16 countries and have prevented over 2,340 children from being sold
Contact information
Mailing address:
Remember Nhu
P.O. Box 27000
Akron, OH 44319-7000
Website: remembernhu.org
Phone: 1.877.435.7648
Email: [email protected]
Organization details
EIN: 201461313
CEO/President: Carl Ralston
Chairman: Carl Ralston
Board size: 12
Founder: Carl Ralston
Ruling year: 2005
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2014
Purpose
We are ending child sex slavery through prevention: One child at a time, one family at a time, one village at a time. Find out how prevention is the most effective way to keep children safe and end child sex slavery.
Mission statement
Statement of faith
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 308 of 1097 | 32 of 122 | |
Fund acquisition rating | 777 of 1098 | 74 of 122 | |
Resource allocation rating | 277 of 1098 | 36 of 122 | |
Asset utilization rating | 203 of 1097 | 21 of 122 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 8% | 12% | 6% | 5% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 8% | 12% | 6% | 5% | 7% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 96% | 100% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 9% | 12% | 7% | 5% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 4% | 0% | 0% | 0% | 0% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 87% | 84% | 80% | 86% | 87% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 88% | 100% | 85% | 102% | 102% |
Program output ratio Program output ratio = Program services / Total revenue | 80% | 77% | 83% | 67% | 88% | 88% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 12% | 0% | 15% | -2% | -2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 22% | 0% | 33% | -6% | -5% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 4% | 5% | 13% | 9% | 7% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.89 | 1.56 | 2.10 | 1.77 | 2.64 | 2.90 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.79 | 2.33 | 1.99 | 1.83 | 2.76 | 2.53 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.92 | 3.63 | 4.19 | 3.23 | 7.29 | 7.35 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 15.26 | 15.26 | 24.06 | 12.25 | 9.99 | 8.40 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.07 | 0.04 | 0.08 | 0.10 | 0.12 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.79 | 3.09 | 2.75 | 3.41 | 1.48 | 1.44 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 3% | 2% | 4% | 10% | 5% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 6% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 97% | 62% | 47% | 54% | 34% | 33% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $803,695 | $715,825 | $663,084 | $420,384 | $472,617 |
Receivables, inventories, prepaids | $93,903 | $129,658 | $280,454 | $20,000 | $9,378 |
Short-term investments | $0 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $897,598 | $845,483 | $943,538 | $440,384 | $481,995 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $1,191,168 | $840,478 | $782,329 | $775,339 | $737,188 |
Other long-term assets | $0 | $0 | $0 | $0 | $0 |
Total long-term assets | $1,191,168 | $840,478 | $782,329 | $775,339 | $737,188 |
Total assets | $2,088,766 | $1,685,961 | $1,725,867 | $1,215,723 | $1,219,183 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $58,834 | $35,138 | $77,036 | $44,096 | $57,374 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $58,834 | $35,138 | $77,036 | $44,096 | $57,374 |
Debt | $0 | $0 | $0 | $75,100 | $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 | $75,100 | $0 |
Total liabilities | $58,834 | $35,138 | $77,036 | $119,196 | $57,374 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $1,766,505 | $1,297,588 | $1,323,339 | $853,203 | $769,907 |
With donor restrictions | $263,427 | $353,235 | $325,492 | $243,324 | $391,902 |
Net assets | $2,029,932 | $1,650,823 | $1,648,831 | $1,096,527 | $1,161,809 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $3,559,844 | $3,537,026 | $3,603,370 | $3,143,422 | $3,481,527 |
Program service revenue | $0 | $0 | $0 | $1,230 | $1,200 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $136,134 | $4,047 | $39 | ($1,462) | $84 |
Other revenue | $0 | $0 | $0 | $0 | $0 |
Total other revenue | $136,134 | $4,047 | $39 | ($232) | $1,284 |
Total revenue | $3,695,978 | $3,541,073 | $3,603,409 | $3,143,190 | $3,482,811 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $2,842,482 | $2,955,618 | $2,427,969 | $2,754,808 | $3,074,050 |
Management and general | $129,964 | $170,133 | $406,033 | $283,510 | $230,748 |
Fundraising | $283,673 | $413,330 | $217,103 | $170,154 | $235,802 |
Total expenses | $3,256,119 | $3,539,081 | $3,051,105 | $3,208,472 | $3,540,600 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $439,859 | $1,992 | $552,304 | ($65,282) | ($57,789) |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $439,859 | $1,992 | $552,304 | ($65,282) | ($57,789) |
Compensation
Name | Title | Compensation |
Carl Ralston | President | $79,000 |
Ian Nelson | Vice President | $57,113 |
Saleena Cox | Treasurer | $43,523 |
Rev Bob Abel | Board Member | $24,500 |
John Pries | VP Operations | $20,000 |
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 3/23/2023. To update the information below, please email: [email protected]
History
Carl Ralston has been married to his wife Laurie for over 30 years. He has a Bachelor's degree in Business Management from Malone University and a Master of Arts degree in Religion from Trinity Evangelical Divinity School. For years prior to Remember Nhu, Carl owned an insurance agency and attended Hope Church (Christian and Missionary Alliance) in Brunswick, Ohio, as well as Living Hope Church in E. Canton, Ohio.
Remember Nhu was conceived in 2003-2004. Carl was attending a conference hosted by the Christian and Missionary Alliance in Thailand when he was made aware of the horrific problem of child sex trafficking. Particularly striking was the story of Chup Ly, a 16 year-old Cambodian who was sold into the sex-slave trade and died three years later of AIDS.
After telling Chup Ly's story, the missionary speaker then told of Nhu, a 12-year-old girl who had committed her life to Jesus Christ, was baptized, grew as a Christian, and began to share publicly her faith. However, a Buddhist family member then sold her virginity, partly as an act of disapproval of Nhu's conversion to Christ. At that time, the missionary did not know what had become of Nhu. It was in that moment that Carl felt inspired by God to "Remember Nhu," and in December of 2003 committed to God that he would do everything in his power to eliminate the use of children in the sex trade industry around the world.
In 2004, Carl finished a master's degree in Religion in which his final project created Remember Nhu: an organization that would prevent children from entering the sex trade by meeting the physical, emotional, educational, and spiritual needs of potential victims. Meanwhile, Carl took 6 trips to Cambodia to look for Nhu and try to meet her in person. Finally in July of 2006, when Nhu was 17, Carl met her for the first time. That meeting would forever change the course of Carl and Nhu's lives. Carl & Laurie Ralston welcomed Nhu into their own family, and she was given a father and mother who would always love and support her. Not only that, but Nhu also became Remember Nhu's first official employee.
Today Carl Ralston serves as the Founder and President of Remember Nhu (which was established formally in 2005). Looking back at the day in which Remember Nhu was conceived, Carl recalls: "When I heard Nhu's story of being sold into the sex trade, God impressed upon my heart, 'Remember Nhu!' I immediately broke down, overwhelmed by the thought of this young girl being raped up to 15 times per day. That day Jesus wrecked my life in a great way! Now I have the best career of anyone in the world."
In May of 2016, Carl experienced one of the greatest joys of his life: walking Nhu down the aisle at her wedding. He had the honor of handing Nhu over in marriage to a man of God, as a free woman, by her own choice. Nhu's story of redemption had come full circle. Carl's dream is that this would become the story for thousands of children around the world who would have otherwise been sold into slavery.