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

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating995 of 1104111 of 122
Fund acquisition rating1045 of 1105112 of 122
Resource allocation rating957 of 1105109 of 122
Asset utilization rating578 of 110463 of 122

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%16%20%17%20%19%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%16%20%17%21%19%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%101%104%103%105%104%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%18%24%24%24%25%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%-1%-4%-3%-5%-4%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%69%61%62%59%58%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%91%83%72%90%78%
Program output ratio Program output ratio =
Program services /
Total revenue
75%63%51%45%54%45%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%9%17%28%10%22%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%9%14%26%9%21%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%13%14%14%17%18%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.840.760.670.640.710.72
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.741.191.091.141.181.10
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.720.900.730.730.840.79
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.0727.3817.7422.0823.4321.18
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.040.060.050.040.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.2712.8915.4315.6713.6814.46
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%16%5%4%13%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%9%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
101%112%141%149%122%132%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$3,437,979$3,036,665$2,441,896$1,919,652$1,707,151
Receivables, inventories, prepaids$100,655$84,555$83,773$57,943$61,147
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$3,538,634$3,121,220$2,525,669$1,977,595$1,768,298
Long-term investments$0$0$0$0$0
Fixed assets$157,214$262,686$332,109$342,733$149,055
Other long-term assets$507,758$15,552$15,857$14,752$22,880
Total long-term assets$664,972$278,238$347,966$357,485$171,935
Total assets$4,203,606$3,399,458$2,873,635$2,335,080$1,940,233
 
Liabilities20232022202120202019
Payables and accrued expenses$129,237$70,578$114,374$84,405$83,489
Other current liabilities$0$105,355$0$0$0
Total current liabilities$129,237$175,933$114,374$84,405$83,489
Debt$0$0$0$212,865$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$533,707$3,256$4,922$6,460$7,881
Total long-term liabilities$533,707$3,256$4,922$219,325$7,881
Total liabilities$662,944$179,189$119,296$303,730$91,370
 
Net assets20232022202120202019
Without donor restrictions$2,429,605$2,382,428$2,607,438$1,655,484$1,333,114
With donor restrictions$1,111,057$837,841$146,901$375,866$515,749
Net assets$3,540,662$3,220,269$2,754,339$2,031,350$1,848,863
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$3,535,651$2,867,147$2,649,801$1,935,469$1,854,076
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$69,766$3,230$4,560$7,971$8,729
Other revenue($110,139)($113,521)($85,033)($99,836)($81,427)
Total other revenue($40,373)($110,291)($80,473)($91,865)($72,698)
Total revenue$3,495,278$2,756,856$2,569,328$1,843,604$1,781,378
 
Expenses20232022202120202019
Program services$2,200,669$1,408,470$1,151,393$987,599$806,750
Management and general$414,415$321,475$256,414$280,753$247,222
Fundraising$559,801$560,981$438,532$392,765$344,348
Total expenses$3,174,885$2,290,926$1,846,339$1,661,117$1,398,320
 
Change in net assets20232022202120202019
Surplus (deficit)$320,393$465,930$722,989$182,487$383,058
Other changes in net assets$0$0$0$0$0
Total change in net assets$320,393$465,930$722,989$182,487$383,058

Compensation

NameTitleCompensation
Kirt WigginsPresident$181,912
George SifnotisTreasurer$1,667

Compensation data as of: 6/30/2023


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 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.


Program accomplishments


Needs