Caring Network, NFP 
The information on this page was last updated 4/8/2023. If you see errors or omissions, please email: [email protected]
Summary
Caring Network Illinois is the first step for women facing an unplanned pregnancy. We welcome women with unconditional love, counsel, and resources that offer the light of truth-changing hearts and saving lives. Over time our team has honed its skills, so that we bring the very best tools into the crisis of an unplanned pregnancy-the latest in ultrasound technology and pregnancy counselors skilled in intervention, addressing the complex issues that compel a mother to seek abortion as her answer. In almost four decades, Caring Network has been used by God to save many thousands of lives!
Contact information
Mailing address:
Caring Network, NFP
1200 Roosevelt Rd
Ste 114
Glen Ellyn, IL 60137
Website: CaringNetwork.com
Phone: 630-493-1340
Email: [email protected]
Organization details
EIN: 363154700
CEO/President: Kirt Wiggins
Chairman: Jim Ericksen
Board size: 7
Founder:
Ruling year: 1982
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2001
Purpose
Caring Network works to honor and glorify Jesus Christ, the author and creator of life, by bringing His love and compassion to abortion minded women and equipping them to choose life - both physical and spiritual.
Mission statement
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1029 of 1097 | 134 of 142 |
| Fund acquisition rating | | 1059 of 1099 | 139 of 142 |
| Resource allocation rating | | 1056 of 1099 | 136 of 142 |
| Asset utilization rating | | 582 of 1097 | 76 of 142 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 20% | 17% | 20% | 19% | 19% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 20% | 17% | 21% | 19% | 20% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 104% | 103% | 105% | 104% | 105% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 24% | 24% | 24% | 25% | 27% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | -4% | -3% | -5% | -4% | -5% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 61% | 62% | 59% | 58% | 53% |
Spending ratio Spending ratio = Total expenses / Total revenue | 92% | 83% | 72% | 90% | 78% | 76% |
Program output ratio Program output ratio = Program services / Total revenue | 74% | 51% | 45% | 54% | 45% | 40% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 8% | 17% | 28% | 10% | 22% | 24% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 10% | 14% | 26% | 9% | 21% | 28% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 14% | 14% | 17% | 18% | 20% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.87 | 0.67 | 0.64 | 0.71 | 0.72 | 0.82 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.67 | 1.09 | 1.14 | 1.18 | 1.10 | 1.11 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.55 | 0.73 | 0.73 | 0.84 | 0.79 | 0.91 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 17.03 | 17.74 | 22.08 | 23.43 | 21.18 | 17.32 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.06 | 0.05 | 0.04 | 0.05 | 0.06 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.96 | 15.43 | 15.67 | 13.68 | 14.46 | 12.49 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 5% | 4% | 13% | 5% | 5% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 9% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 105% | 141% | 149% | 122% | 132% | 116% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $3,036,665 | $2,441,896 | $1,919,652 | $1,707,151 | $1,236,811 |
| Receivables, inventories, prepaids | $84,555 | $83,773 | $57,943 | $61,147 | $158,649 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,121,220 | $2,525,669 | $1,977,595 | $1,768,298 | $1,395,460 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $262,686 | $332,109 | $342,733 | $149,055 | $138,375 |
| Other long-term assets | $15,552 | $15,857 | $14,752 | $22,880 | $14,322 |
| Total long-term assets | $278,238 | $347,966 | $357,485 | $171,935 | $152,697 |
| Total assets | $3,399,458 | $2,873,635 | $2,335,080 | $1,940,233 | $1,548,157 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $70,578 | $114,374 | $84,405 | $83,489 | $80,582 |
| Other current liabilities | $105,355 | $0 | $0 | $0 | $0 |
| Total current liabilities | $175,933 | $114,374 | $84,405 | $83,489 | $80,582 |
| Debt | $0 | $0 | $212,865 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $3,256 | $4,922 | $6,460 | $7,881 | $1,770 |
| Total long-term liabilities | $3,256 | $4,922 | $219,325 | $7,881 | $1,770 |
| Total liabilities | $179,189 | $119,296 | $303,730 | $91,370 | $82,352 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $2,382,428 | $2,607,438 | $1,655,484 | $1,333,114 | $946,252 |
| With donor restrictions | $837,841 | $146,901 | $375,866 | $515,749 | $519,553 |
| Net assets | $3,220,269 | $2,754,339 | $2,031,350 | $1,848,863 | $1,465,805 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $2,867,147 | $2,649,801 | $1,935,469 | $1,854,076 | $1,763,421 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $3,230 | $4,560 | $7,971 | $8,729 | $2,890 |
| Other revenue | ($113,521) | ($85,033) | ($99,836) | ($81,427) | ($93,853) |
| Total other revenue | ($110,291) | ($80,473) | ($91,865) | ($72,698) | ($90,963) |
| Total revenue | $2,756,856 | $2,569,328 | $1,843,604 | $1,781,378 | $1,672,458 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $1,408,470 | $1,151,393 | $987,599 | $806,750 | $675,379 |
| Management and general | $321,475 | $256,414 | $280,753 | $247,222 | $246,866 |
| Fundraising | $560,981 | $438,532 | $392,765 | $344,348 | $340,705 |
| Total expenses | $2,290,926 | $1,846,339 | $1,661,117 | $1,398,320 | $1,262,950 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $465,930 | $722,989 | $182,487 | $383,058 | $409,508 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $465,930 | $722,989 | $182,487 | $383,058 | $409,508 |
Compensation
| Name | Title | Compensation |
| Kirt Wiggins | President | $107,273 |
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 4/8/2023. To update the information below, please email: [email protected]
History
In 1981, a group with a heart for protecting women and nurturing life came together with a common dream-to save lives and rescue moms by empowering women who experience an unplanned pregnancy to choose life. By providing women in crisis with emotional and spiritual support and practical help, this group believed they could make a lasting difference in the lives of women and their families. This is how Caring Network Illinois was born. First came a hotline answered in a mechanic's garage, soon after a storefront office in Villa Park.
In the past 40 years, other centers and critical services have been added until today, our pregnancy counselors and medical team serve thousands of women and men each year in DuPage County and beyond. Although much has changed in the decades that Caring Network has been ministering to families in our community, our mission has remained steadfastly the same. Caring Network Illinois is still committed to serving Christ by loving women in need unconditionally and saving the lives of their children. God is our leader and provider. We invite you to join with us as we advance God's kingdom by reaching and impacting more lives in need of hope and protection.