Heifer Project International

The information on this page was last updated 7/7/2022. If you see errors or omissions, please email: [email protected]


Summary

Ending poverty begins with agriculture. We're on a mission to end hunger and poverty in a sustainable way by supporting and investing alongside local farmers and their communities.


Contact information

Mailing address:
Heifer International
1 World Ave
Little Rock, AR 72202

Website: heifer.org

Phone: 855-948-6437

Email: [email protected]


Organization details

EIN: 351019477

CEO/President: Pierre Ferrari

Chairman: Martha Brantley

Board size: 17

Founder: Mr. Dan West

Ruling year: 1999

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Our community development model focuses on building social capital by increasing income and assets within farming families, improving their food security and nutrition, and protecting the environment - with women's empowerment and connected communities at the very center.


Mission statement

We work to end hunger and poverty in partnership with the communities we serve. Our programs support entrepreneurs around the world, creating lasting change from the ground up.

It begins with a seed investment of livestock or agriculture, followed by mentorship to help project participants build a business, and ultimately to gain access to supply chains and markets.

These families are able to earn a living income and continuously lift up their communities as they train the next generation of leaders.

By supporting and training the world's farmers, ranchers, and female business owners, we're investing in a new breed of success.


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 rating1029 of 103385 of 85
Fund acquisition rating1001 of 103585 of 85
Resource allocation rating931 of 103580 of 85
Asset utilization rating994 of 103381 of 85

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%26%20%20%19%19%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%18%20%17%18%15%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%70%95%88%93%79%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%29%20%18%20%19%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%30%5%12%7%21%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%67%74%77%75%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%65%96%96%92%78%
Program output ratio Program output ratio =
Program services /
Total revenue
78%43%71%73%69%59%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%35%4%4%8%22%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
14%26%2%3%5%16%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%5%6%5%5%5%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.490.410.510.560.520.54
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.223.963.834.123.743.94
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.131.621.972.301.962.11
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.592.402.542.383.344.91
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.420.390.420.300.20
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.594.313.703.024.284.52
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%13%14%12%12%10%
Debt ratio Debt ratio =
Debt /
Total assets
0%2%3%2%4%5%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
54%213%168%157%167%167%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$74,815,541$47,265,762$46,559,730$54,127,615$46,833,298
Receivables, inventories, prepaids$8,328,505$17,038,811$11,162,700$7,595,698$7,601,215
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$83,144,046$64,304,573$57,722,430$61,723,313$54,434,513
Long-term investments$0$0$0$0$0
Fixed assets$40,556,172$43,077,827$43,988,821$44,932,716$46,518,000
Other long-term assets$205,192,638$139,041,713$136,324,328$124,242,028$113,728,373
Total long-term assets$245,748,810$182,119,540$180,313,149$169,174,744$160,246,373
Total assets$328,892,856$246,424,113$238,035,579$230,898,057$214,680,886
 
Liabilities20212020201920182017
Payables and accrued expenses$16,131,785$13,697,579$11,152,167$8,351,807$8,048,355
Other current liabilities$18,533,605$11,590,699$13,148,048$10,152,192$3,030,721
Total current liabilities$34,665,390$25,288,278$24,300,215$18,503,999$11,079,076
Debt$7,002,100$8,111,843$5,133,259$9,770,000$10,985,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$7,002,100$8,111,843$5,133,259$9,770,000$10,985,000
Total liabilities$41,667,490$33,400,121$29,433,474$28,273,999$22,064,076
 
Net assets20212020201920182017
Without donor restrictions$78,462,759$61,997,009$69,216,181$72,547,996$72,700,633
With donor restrictions$208,752,607$151,026,983$139,385,924$130,076,062$119,916,177
Net assets$287,225,366$213,023,992$208,602,105$202,624,058$192,616,810
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$146,506,113$125,378,530$121,781,533$121,771,066$115,705,052
Program service revenue$111,201$529,323$1,457,932$1,621,943$1,722,541
Membership dues$0$0$0$0$0
Investment income$0$0$13,628,499$5,363,422$28,463,577
Other revenue$62,217,555$5,504,006$2,004,686$2,552,042$830,418
Total other revenue$62,328,756$6,033,329$17,091,117$9,537,407$31,016,536
Total revenue$208,834,869$131,411,859$138,872,650$131,308,473$146,721,588
 
Expenses20212020201920182017
Program services$90,023,297$93,727,596$102,026,301$91,054,230$87,191,209
Management and general$6,238,192$7,094,862$6,507,673$6,410,077$6,184,966
Fundraising$38,569,797$25,670,286$24,145,192$23,692,129$21,673,999
Total expenses$134,831,286$126,492,744$132,679,166$121,156,436$115,050,174
 
Change in net assets20212020201920182017
Surplus (deficit)$74,003,583$4,919,115$6,193,484$10,152,037$31,671,414
Other changes in net assets$187,791($497,229)($215,437)($144,789)($62,509)
Total change in net assets$74,191,374$4,421,886$5,978,047$10,007,248$31,608,905

Compensation

NameTitleCompensation
Pierre FerrariChief Executive Officer$490,330
Robert BloomEVP, CFO and Treasurer$233,156
Hilary HaddiganChief of Mission Effectiveness$227,891
Mahendra LohaniSenior Vice President$203,526
Christy MooreSenior Vice President$202,936
Martha HirpaVice President Thru 4/1/2019$193,652
Gretchen VillegasVice President$184,186
Oscar CastanedaSenior Vice President$179,864
Chad AveryLegal Counsel$163,799
Stephanie BrownVice President$158,920
Julie WoodVice President Thru 12/31/2019$157,346
Michelle Dusek-IzaguirreVice President$153,972
Hervil CherubinHaiti Country Director$152,737
Jesus Pizarro RodriguezVice President$151,501
Marcia RasmussenVice President$151,190
Marleen NewVice President$149,341
Stephanie ChesherSenior Director$148,067
John GillSenior Director$147,287
Holly DerheimSenior Director$144,446
Constance GeorgeDirector$137,134
Kimberly AhlgrimVice President$123,616
Malcom NormanVice President Thru 4/1/2019$87,288

Compensation data as of: 6/30/2020


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 7/7/2022. To update the information below, please email: [email protected]


History

For more than 75 years, Heifer International has worked with people all around the world to end hunger and poverty and care for the Earth.

In 1944, Dan West began outlining a simple but groundbreaking plan to tackle hunger around the world. West, a farmer from the Midwest and Church of the Brethren member, had recently returned from feeding weary refugees during volunteer service in the Spanish Civil War.

He'd seen firsthand that giving people food was a short-term solution, whereas providing them with animals offered a steady supply of nutritious food for an entire family.

His philosophy still inspires Heifer's work today. Partnering with farmers across a range of different livestock and crops, we create unique solutions to local challenges. Together, we build inclusive, resilient economies, so communities can develop effective ways to end global hunger and poverty in a sustainable way.

These days, Heifer International generally provides animals to participating families through local channels in the countries we serve. But early on, the organization shipped livestock from the United States to other countries. During their travels, these animals were cared for by "seagoing cowboys": ranchers and farmers who aided Heifer in its mission by lending their expertise in animal husbandry and agriculture.

In the years following World War II, more than 7,000 men and women accompanied shipments of cattle, pigs, goats and other livestock across land, sea and air to deliver them to families in Europe. For many of them, these trips presented a series of firsts - the first time setting sail on a ship, the first time crossing the ocean and the first time visiting another culture. For many of these seagoing cowboys, their faith was tested as they witnessed the devastation of the war, but came away with a renewed sense of hope and purpose after helping families in need.

Heifer International was born from that simple idea of empowerment, and for 75 years the organization has worked tirelessly to give families a hand up, rather than just a handout.


Program accomplishments

We work in 21 countries around the world to strengthen local economies and build secure livelihoods that guarantee a living income to local farmers.


Needs