Dignity Freedom Network

The information on this page was last updated 7/18/2023. If you see errors or omissions, please email: [email protected]


Summary

Dignity Freedom Network works to remember the forgotten faces, those society ignores. We think every life is worth restoring, and every person worth fighting for.


Contact information

Mailing address:
PO Box 62008
Colorado Springs, CO 80962

Website: dfnusa.org

Phone: (757) 233-9110

Email: [email protected]


Organization details

EIN: 412075995

CEO/President: Jacque Cork

Chairman: Ken Heulitt

Board size: 10

Founder:

Ruling year: 2003

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2005


Purpose

DFN's mission is to lift up and empower marginalized and vulnerable people in India by providing education, healthcare, and economic empowerment opportunities, and trafficking prevention.


Mission statement

At Dignity Freedom Network, our mission is dignity and freedom for the poor, marginalized and outcasts from society, and we provide education, healthcare, and economic development programs to achieve this vision. We enter the lives of the most vulnerable people in India at their invitation, standing alongside them as they work to change their communities and their nation.


Statement of faith

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 rating1059 of 110284 of 86
Fund acquisition rating1082 of 110384 of 86
Resource allocation rating1073 of 110385 of 86
Asset utilization rating699 of 110257 of 86

Financial ratios

Funding ratiosSector median202020192016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%24%29%15%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%24%29%15%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%28%28%11%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%0%0%0%
 
Operating ratiosSector median202020192016
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%62%64%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%87%106%131%
Program output ratio Program output ratio =
Program services /
Total revenue
82%54%67%99%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%13%-6%-31%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%19%-15%-97%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
6%11%9%13%
 
Investing ratiosSector median202020192016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.510.951.854.03
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.241.001.001.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.900.951.864.08
 
Liquidity ratiosSector median202020192016
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.013.783.2575.59
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.260.310.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.649.304.472.90
 
Solvency ratiosSector median202020192016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%26%31%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
59%78%37%25%

Financials

Balance sheet
 
Assets202020192016
Cash$1,604,333$1,033,270$487,517
Receivables, inventories, prepaids$56,020$4,127$41,751
Short-term investments$0$0$15,100
Other current assets$0$0$0
Total current assets$1,660,353$1,037,397$544,368
Long-term investments$0$0$0
Fixed assets$2,101$1,545$2,836
Other long-term assets$0$0$4,450
Total long-term assets$2,101$1,545$7,286
Total assets$1,662,454$1,038,942$551,654
 
Liabilities202020192016
Payables and accrued expenses$438,961$319,378$7,202
Other current liabilities$0$0$0
Total current liabilities$438,961$319,378$7,202
Debt$0$0$0
Due to (from) affiliates$0$0$0
Other long-term liabilities$0$0$0
Total long-term liabilities$0$0$0
Total liabilities$438,961$319,378$7,202
 
Net assets202020192016
Without donor restrictions$363,674($231,576)$129,206
With donor restrictions$859,819$951,140$415,246
Net assets$1,223,493$719,564$544,452
 
Revenues and expenses
 
Revenue202020192016
Total contributions$1,804,278$1,812,590$1,688,809
Program service revenue$0$0$0
Membership dues$0$0$0
Investment income$1,693$4,599($446)
Other revenue$0$0$2,661
Total other revenue$1,693$4,599$2,215
Total revenue$1,805,971$1,817,189$1,691,024
 
Expenses202020192016
Program services$969,477$1,224,767$1,678,778
Management and general$172,328$167,427$294,048
Fundraising$433,760$533,299$248,041
Total expenses$1,575,565$1,925,493$2,220,867
 
Change in net assets202020192016
Surplus (deficit)$230,406($108,304)($529,843)
Other changes in net assets$0$0$0
Total change in net assets$230,406($108,304)($529,843)

Compensation

NameTitleCompensation
Jacque CorkExecutive Di$92,700
Scott MitchellTreasurer$39,600
Matthew CorkBoard Member$20,000

Compensation data as of: 12/31/2020


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 7/18/2023. To update the information below, please email: [email protected]


History


Program accomplishments

DFN has a positive track record in achieving its key objectives. Since 2002, we have 107 schools with 26,000+ children, 100 Community Health Workers, thousands of economic empowerment programs and three shelters. Through the work of our Indian partners and their expanded programming reach to more than 1 million people a year.

We seek to increase enrollment in all our schools, add additional healthcare programming including a purpose-built full-service hospital, and create macro-business opportunities that create sustainability in India.

Because of COVID-19, we were able to expand our health clinics from three to nine. We have also opened 50 new virtual health clinics in remote villages. We expect to open several more of these in the coming year to serve those with no access to healthcare.

In addition, we distributed almost 2.5 million meals in 2021.

In 2021, we will open a brand new 150-bed shelter for girls at risk of trafficking and for survivors. We continue our efforts to eliminate the horrific practice of ritualized prostitution where girls are dedicated at a young age to a life of sexual slavery.


Needs