World Orphans

The information on this page was last updated 9/25/2024. If you see errors or omissions, please email: [email protected]


Summary



WE BELIEVE IN GOD'S DESIGN
Children belong in families.
Our model of care equips the local church to come alongside vulnerable families, empowering them and providing wholistic care for their children.


Contact information

Mailing address:
World Orphans
13995 Voyager Pkwy
Suite 130-273
Colorado Springs, CO 80921

Website: worldorphans.org

Phone: 1-888-677-4267

Email: [email protected]


Organization details

EIN: 330571309

CEO/President: Scott Vair

Chairman: Ty Albright

Board size: 8

Founder:

Ruling year: 1993

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2004


Purpose

Our Vision: To empower the church to care for orphans and vulnerable families.

Our Home Based Care program focuses on family preservation through addressing and preventing the rise of the orphan population by caring for children in their home environments.

Most children living in orphanages have at least one living parent. Working together, we help keep families together, strengthen them, and help them toward independence.

Through Church Partnership, we come alongside local churches to provide support for vulnerable families and children within their communities.


Mission statement

We equip, inspire, and mobilize the church to care for orphaned and vulnerable children. Churches engaged. Children restored. Communities transformed by the gospel of Christ.

We exist because we believe what scripture says about the church, the orphan, and the expansion of the gospel.


Statement of faith

Our board of directors and our staff commit ourselves without reservation to the following statement of faith.

WE BELIEVE the Bible to be the Word of God verbally inspired and wholly without error in all that it declares and therefore is the supreme and final authority for faith and life.

WE BELIEVE in the one true triune God-Father, Son, and Holy Spirit.

WE BELIEVE in the virgin birth and the deity of Jesus Christ, the eternal Son of God, who is also the Son of Man.

WE BELIEVE that the death of Jesus Christ on the cross made atonement for the sins of the world, effective for all who repent and believe.

WE BELIEVE in the bodily resurrection of Jesus Christ, which ensures the resurrection of all believers who have received God's gift of eternal life.

WE BELIEVE that Jesus Christ will physically and visibly return to earth for the second time to establish His Kingdom.

WE BELIEVE that man was originally created in the image of God, that he fell into sin through the first Adam, and that he is responsible for all sin that causes him to be separated from God and lost eternally.

WE BELIEVE that the Holy Spirit indwells all who receive Jesus Christ as Savior and Lord.

WE BELIEVE that all Christians are called to good works and are in the world, but are separate from it.

WE BELIEVE that Christians are called to witness for Christ and to preach the Gospel to all nations.

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Adoption/Foster Care

CategoryRatingOverall rankSector rank
Overall efficiency rating58 of 10953 of 34
Fund acquisition rating312 of 10969 of 34
Resource allocation rating120 of 10967 of 34
Asset utilization rating139 of 10955 of 34

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%5%6%5%4%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%5%6%5%4%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
72%102%101%101%100%103%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%5%6%5%5%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
28%-2%-1%-1%0%-3%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%87%87%87%85%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
100%103%102%89%85%101%
Program output ratio Program output ratio =
Program services /
Total revenue
79%90%89%78%72%87%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
0%-3%-2%11%15%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-8%-4%24%44%-3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%8%7%7%11%10%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.772.412.041.862.484.47
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.371.021.031.021.021.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.462.472.111.892.514.47
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.9758.1886.0961.3473.1060.88
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.020.010.020.010.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.144.785.626.244.712.64
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%2%3%2%1%2%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
97%41%48%53%40%22%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$1,125,999$1,217,859$1,215,274$996,399$511,941
Receivables, inventories, prepaids$68,779$56,683$118,850$21,555$72,399
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,194,778$1,274,542$1,334,124$1,017,954$584,340
Long-term investments$0$0$0$0$0
Fixed assets$19,331$23,303$21,436$15,358$89
Other long-term assets$6,673$19,766$0$0$0
Total long-term assets$26,004$43,069$21,436$15,358$89
Total assets$1,220,782$1,317,611$1,355,560$1,033,312$584,429
 
Liabilities20232022202120202019
Payables and accrued expenses$20,537$14,804$21,751$13,925$9,599
Other current liabilities$0$0$0$0$0
Total current liabilities$20,537$14,804$21,751$13,925$9,599
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$6,550$19,397$0$0$0
Total long-term liabilities$6,550$19,397$0$0$0
Total liabilities$27,087$34,201$21,751$13,925$9,599
 
Net assets20232022202120202019
Without donor restrictions$459,791$511,629$444,947$381,009$31,783
With donor restrictions$733,904$771,781$888,862$638,378$543,047
Net assets$1,193,695$1,283,410$1,333,809$1,019,387$574,830
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$2,897,925$2,664,346$2,862,390$3,012,422$2,665,654
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$32,042$112$63$166$1,891
Other revenue($75,889)($23,818)($24,255)($8,137)($75,907)
Total other revenue($43,847)($23,706)($24,192)($7,971)($74,016)
Total revenue$2,854,078$2,640,640$2,838,198$3,004,451$2,591,638
 
Expenses20232022202120202019
Program services$2,569,445$2,347,211$2,203,548$2,172,220$2,246,521
Management and general$230,765$187,069$185,424$271,714$262,683
Fundraising$145,203$156,759$134,804$115,960$101,656
Total expenses$2,945,413$2,691,039$2,523,776$2,559,894$2,610,860
 
Change in net assets20232022202120202019
Surplus (deficit)($91,335)($50,399)$314,422$444,557($19,222)
Other changes in net assets$0$0$0$0$0
Total change in net assets($91,335)($50,399)$314,422$444,557($19,222)

Compensation

NameTitleCompensation
Scott VairPresident An$152,282

Compensation data as of: 12/31/2023


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 9/25/2024. To update the information below, please email: [email protected]


History


Program accomplishments


Needs

You can help vulnerable families, today! Whether you are an individual, a business, or a church, we have multiple ways for you to be involved in preserving families.

One of the most generous forms of giving over the years toward our ministry has been the donation of print materials. This has allowed us to communicate through print materials with our constituents in ways that we would not have been able to, otherwise.