Heifer Project International

The information on this page was last updated 5/8/2023. 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 rating1088 of 109186 of 86
Fund acquisition rating1079 of 109484 of 86
Resource allocation rating1007 of 109479 of 86
Asset utilization rating1053 of 109185 of 86

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%23%28%21%20%19%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%23%27%21%20%19%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%99%99%99%98%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%22%30%21%19%20%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%1%1%1%2%3%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%73%65%74%76%75%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%103%91%100%106%96%
Program output ratio Program output ratio =
Program services /
Total revenue
79%76%59%73%81%72%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%-3%9%0%-6%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
16%-2%5%0%-4%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
6%5%5%6%5%5%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.340.560.390.500.530.51
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.234.033.683.924.233.74
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.882.251.431.982.261.93
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
18.602.862.792.702.313.34
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.350.360.370.430.30
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.823.475.383.833.014.36
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%10%13%14%12%12%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%2%3%2%4%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
60%162%225%172%164%170%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$60,014,477$74,815,541$47,265,762$46,559,730$54,127,615
Receivables, inventories, prepaids$14,310,898$14,309,188$15,321,094$9,421,313$7,327,078
Short-term investments$222,253$271,958$230,929$254,599$268,620
Other current assets$0$0$0$0$0
Total current assets$74,547,628$89,396,687$62,817,785$56,235,642$61,723,313
Long-term investments$2,549,711$1,910,653$1,486,788$1,486,788$0
Fixed assets$40,069,547$40,556,172$43,077,827$43,988,821$44,932,716
Other long-term assets$183,059,147$197,029,344$139,041,713$136,324,328$124,242,028
Total long-term assets$225,678,405$239,496,169$183,606,328$181,799,937$169,174,744
Total assets$300,226,033$328,892,856$246,424,113$238,035,579$230,898,057
 
Liabilities20222021202020192018
Payables and accrued expenses$14,023,470$13,559,157$11,637,583$11,152,167$8,351,807
Other current liabilities$12,020,871$18,533,605$11,590,699$13,148,048$10,152,192
Total current liabilities$26,044,341$32,092,762$23,228,282$24,300,215$18,503,999
Debt$0$7,002,100$8,111,843$5,133,259$9,770,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$2,685,067$2,582,628$2,059,996$0$0
Total long-term liabilities$2,685,067$9,584,728$10,171,839$5,133,259$9,770,000
Total liabilities$28,729,408$41,677,490$33,400,121$29,433,474$28,273,999
 
Net assets20222021202020192018
Without donor restrictions$78,912,809$78,462,759$61,997,009$69,216,181$72,547,996
With donor restrictions$192,583,816$208,752,607$151,026,983$139,385,924$130,076,062
Net assets$271,496,625$287,215,366$213,023,992$208,602,105$202,624,058
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$160,384,966$139,540,339$123,181,218$117,044,883$119,982,215
Program service revenue$934,749$621,209$701,313$1,251,356$1,262,022
Membership dues$0$0$0$0$0
Investment income$406,315$377,607$326,782$1,096,872$1,869,510
Other revenue$532,592$398,832$427,205$409,387$534,442
Total other revenue$1,873,656$1,397,648$1,455,300$2,757,615$3,665,974
Total revenue$162,258,622$140,937,987$124,636,518$119,802,498$123,648,189
 
Expenses20222021202020192018
Program services$122,788,241$83,003,268$91,327,219$96,917,312$89,157,905
Management and general$7,596,404$6,238,192$7,094,862$6,457,763$6,388,770
Fundraising$37,212,050$38,569,797$25,670,286$23,858,835$23,313,854
Total expenses$167,596,695$127,811,257$124,092,367$127,233,910$118,860,529
 
Change in net assets20222021202020192018
Surplus (deficit)($5,338,073)$13,126,730$544,151($7,431,412)$4,787,660
Other changes in net assets$0$0$0$0$0
Total change in net assets($5,338,073)$13,126,730$544,151($7,431,412)$4,787,660

Compensation

NameTitleCompensation
Pierre FerrariChief Executive Officer$530,628
Robert BloomEVP, CFO and Treasurer$282,660
Hilary HaddiganChief of Mission Effectiveness$248,294
Terry WyerSenior Vice President$226,585
Gretchen VillegasVice President$222,886
Christy MooreSenior Vice President$220,927
Mahendra LohaniSenior Vice President$219,524
Oscar CastanedaSenior Vice President$205,207
Elia MakarChief People Officer$199,963
Matthew KrauseManaging Dir, Institutional Partnerships$182,278
Marcia RasmussenChief Financial Officer$176,476
Michael HealdVice President$175,235
Melanie AugerSenior Director of Philanthropy$170,275
Rosa Murillo MontesSenior Director$170,097
Michelle Dusek-IzaguirreVice President$169,645
Chad AveryLegal Counsel$166,619
Robert CoxonVice President$165,550
Benjamin WoodDirector$164,974
Marleen NewVice President$164,752
Hervil CherubinHaiti Country Director$164,568
Jaime SchillingDirector of Philanthropy$162,445
Jesus Pizarro RodriguezVice President$152,975
Mimi EvansDirector$152,831
Kimberly AhlgrimVice President$135,700
Michelle CangelosiVice President$134,553
Francine HillVice President$130,239

Compensation data as of: 6/30/2022


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 5/8/2023. 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