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
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Adoption/Foster Care
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 58 of 1095 | 3 of 34 | |
Fund acquisition rating | 312 of 1096 | 9 of 34 | |
Resource allocation rating | 120 of 1096 | 7 of 34 | |
Asset utilization rating | 139 of 1095 | 5 of 34 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
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 ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
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 ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.77 | 2.41 | 2.04 | 1.86 | 2.48 | 4.47 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.37 | 1.02 | 1.03 | 1.02 | 1.02 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.46 | 2.47 | 2.11 | 1.89 | 2.51 | 4.47 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.97 | 58.18 | 86.09 | 61.34 | 73.10 | 60.88 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.02 | 0.01 | 0.02 | 0.01 | 0.02 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 7.14 | 4.78 | 5.62 | 6.24 | 4.71 | 2.64 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
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 | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
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 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
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 assets | 2023 | 2022 | 2021 | 2020 | 2019 |
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 | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
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 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
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 assets | 2023 | 2022 | 2021 | 2020 | 2019 |
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
Name | Title | Compensation |
Scott Vair | President 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.