Children's Shelter of Cebu

The information on this page was last updated 3/11/2024. If you see errors or omissions, please email: [email protected]


Summary

Children's Shelter of Cebu operates four homes for 90-95 abandoned, neglected and abused children in Cebu City, Philippines. CSC is about restoring lives. We've been doing so since 1979 by ministering to each child holistically. We provide food, shelter and medicine, but also schooling, counseling and relationships that foster healing. CSC is a Christian interdenominational ministry.


Contact information

Mailing address:
Children's Shelter of Cebu
P.O. Box 247
Cambridge, MN 55008

Website: cebushelter.org

Phone: (651) 493-1551

Email: [email protected]


Organization details

EIN: 411330241

CEO/President: Kirby Stoll

Chairman: Joel Lawrence

Board size: 9

Founder: Marlys Healy

Ruling year: 1980

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1992


Purpose

What Sets CSC Apart:

CSC is committed to caring for children with special needs. Approximately 25% of our children have special needs, ranging from blindness to developmental disabilities.
CSC is committed to keeping siblings together. We take in many sibling groups, including sibling groups up to nine!
CSC has served over 900 orphaned children and over 600 CSC children have been adopted in 14 countries since 1979.


Mission statement

We exist to glorify God by demonstrating His love to the Philippines as we provide a loving, Christ-centered home with comprehensive medical, educational and placement services for homeless Filipino children.


Statement of faith

We believe the Bible to be the only inspired, infallible, and authoritative Word of God. We believe there is one God, the Creator of all beings, Who is eternally existent in three persons: Father, Son, and Holy Spirit. We believe in the deity of Christ, in His sinless life, and in His vicarious and atoning death on the cross for our salvation. We believe that all who place their faith in Jesus Christ as Savior and Lord are born again children of God. We believe that our love for God should find expression in our love for our neighbor, whom Jesus commanded us to love as ourselves.

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating615 of 110147 of 87
Fund acquisition rating478 of 110242 of 87
Resource allocation rating486 of 110238 of 87
Asset utilization rating793 of 110162 of 87

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%6%5%5%5%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%5%4%5%4%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%99%97%98%99%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%5%7%6%6%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%1%3%2%1%2%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%87%82%84%84%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%107%67%74%72%68%
Program output ratio Program output ratio =
Program services /
Total revenue
82%93%55%62%60%57%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-7%33%26%28%32%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%-5%21%18%24%40%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
6%8%11%10%10%10%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.510.690.420.500.590.79
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.241.001.001.311.001.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.900.690.420.660.590.79
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.03434.24842.44136.74143.9693.97
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.000.000.010.010.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.8117.2328.3918.0720.2314.97
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%0%0%2%7%8%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%1%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
60%143%236%194%159%117%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$1,267,259$1,836,212$1,406,039$1,801,428$1,132,780
Receivables, inventories, prepaids$369$1,713$2,522$46,121$11,301
Short-term investments$2,752,595$2,773,614$1,415,889$1,135,684$953,977
Other current assets$0$0$0$0$0
Total current assets$4,020,223$4,611,539$2,824,450$2,983,233$2,098,058
Long-term investments$0$0$875,219$0$0
Fixed assets$2,178$3,339$3,430$3,985$7,628
Other long-term assets$0$0$0$0$0
Total long-term assets$2,178$3,339$878,649$3,985$7,628
Total assets$4,022,401$4,614,878$3,703,099$2,987,218$2,105,686
 
Liabilities20222021202020192018
Payables and accrued expenses$9,258$5,474$20,656$20,723$22,327
Other current liabilities$0$0$0$0$0
Total current liabilities$9,258$5,474$20,656$20,723$22,327
Debt$0$0$0$30,000$1,452
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$8,094$15,992$65,726$146,477$139,170
Total long-term liabilities$8,094$15,992$65,726$176,477$140,622
Total liabilities$17,352$21,466$86,382$197,200$162,949
 
Net assets20222021202020192018
Without donor restrictions$3,448,851$3,972,567$3,023,764$2,280,182$1,509,938
With donor restrictions$556,198$620,845$592,953$509,836$432,799
Net assets$4,005,049$4,593,412$3,616,717$2,790,018$1,942,737
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$2,573,600$2,817,591$2,473,861$2,403,310$2,400,489
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$48,688$108,889$52,222$37,501$62,649
Other revenue($17,234)($12,285)$725($12,592)($13,843)
Total other revenue$31,454$96,604$52,947$24,909$48,806
Total revenue$2,605,054$2,914,195$2,526,808$2,428,219$2,449,295
 
Expenses20222021202020192018
Program services$2,424,571$1,604,895$1,559,161$1,467,544$1,391,644
Management and general$226,590$215,391$183,963$180,344$170,158
Fundraising$142,487$126,883$118,826$109,137$101,630
Total expenses$2,793,648$1,947,169$1,861,950$1,757,025$1,663,432
 
Change in net assets20222021202020192018
Surplus (deficit)($188,594)$967,026$664,858$671,194$785,863
Other changes in net assets$0$0$0$0$0
Total change in net assets($188,594)$967,026$664,858$671,194$785,863

Compensation

NameTitleCompensation
Kirby StollPresident/CEO$124,419

Compensation data as of: 12/31/2022


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 3/11/2024. To update the information below, please email: [email protected]


History

In 1978, Marlys Healy visited the Philippines. Her heart was broken by the desperate conditions of the street children in Cebu City. A desire grew in her to do something to help those children, and she began to share it with others.

After returning to the US she gathered some interested friends (she married Paul Healy along the way) and they began raising the funds necessary to start caring for children in Cebu. This group of friends, being frustrated by the long, slow process of collecting funds, began to wonder if this whole thing was a crazy idea that wasn't going to work out. Then Paul was invited to speak to a group of university students. As Marlys says:

"We all knew that you don't do fundraising with college students, but they could surely pray. There happened to be a young man there that evening who was touched deeply while Paul was sharing and he gave us half of a trust fund, which was $40,000. To this day it is still thrilling to tell that story, and I still get tears in my eyes when I think of how God touched that young student, and how he shared so generously. We took that as the sign we had prayed for and sold our winter clothes and a few pieces of furniture and we packed our bags and were off to the Philippines in May of '79."

In 1979, they began offering care to those in need. The ministry grew each year. At one point in the early days at CSC, 22 children and adults lived in a one-bathroom home!


Program accomplishments

CSC has served over 950 orphaned children and over 600 CSC children have been adopted in 14 countries since 1979.


Needs