China Aid Association 
The information on this page was last updated 4/4/2023. If you see errors or omissions, please email: [email protected]
Summary
Everyone deserves religious freedom, Unfortunately, not everyone has religious freedom.
ChinaAid is an international, Christian non-profit human rights organization that inspires, informs and invites people to transformative action on behalf of persecuted people of all faiths in China. Our main goals are to equip leaders and encourage victims so that together, we can bring religious freedom to all in China.
Contact information
Mailing address:
China Aid Association
PO BOX 8513
Midland, TX 79708
Website: chinaaid.org
Phone: (432) 689-6985
Email: [email protected]
Organization details
EIN: 421560745
CEO/President: Bob Fu
Chairman: Frank Wolf
Board size: 11
Founder:
Ruling year: 2003
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2012
Purpose
ChinaAid provides assistance to persecuted people groups and rights activists located in China. We accomplish these goals via our 3 E's: exposing the abuses, encouraging the abused, and equipping leaders of persecuted groups.
Mission statement
Statement of faith
STATEMENT OF FAITH APOSTLES' CREED I believe in God, the Father Almighty, the Maker of heaven and earth, and in Jesus Christ, His only Son, our Lord: Who was conceived by the Holy Ghost, born of the virgin Mary, suffered under Pontius Pilate, was crucified, dead, and buried; The third day He arose again from the dead; He ascended into heaven, and sitteth on the right hand of God the Father Almighty; from thence he shall come to judge the quick and the dead. I believe in the Holy Ghost; the holy Christian church; the communion of saints; the forgiveness of sins; the resurrection of the body; and the life everlasting. Amen.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 358 of 1106 | 45 of 144 |
| Fund acquisition rating | | 412 of 1107 | 59 of 144 |
| Resource allocation rating | | 357 of 1107 | 53 of 144 |
| Asset utilization rating | | 561 of 1106 | 63 of 144 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 4% | 6% | 9% | 5% | 9% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 4% | 6% | 9% | 4% | 8% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 93% | 100% | 100% | 94% | 94% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 5% | 8% | 10% | 5% | 9% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 7% | 0% | 0% | 6% | 6% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 88% | 84% | 83% | 86% | 81% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 91% | 78% | 88% | 83% | 99% |
Program output ratio Program output ratio = Program services / Total revenue | 82% | 80% | 65% | 73% | 72% | 80% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 9% | 22% | 12% | 17% | 1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 15% | 32% | 22% | 34% | 2% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 8% | 7% | 8% | 7% | 8% | 10% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.33 | 1.41 | 1.11 | 1.55 | 1.64 | 2.13 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.23 | 1.09 | 1.11 | 1.13 | 1.19 | 1.33 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.02 | 1.53 | 1.23 | 1.75 | 1.95 | 2.83 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 19.87 | 37.05 | 40.86 | 19.59 | 17.11 | 7.96 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.03 | 0.02 | 0.05 | 0.06 | 0.13 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.62 | 7.61 | 9.50 | 6.49 | 5.79 | 3.70 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 2% | 2% | 5% | 5% | 9% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 67% | 69% | 88% | 62% | 58% | 42% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $2,136,856 | $1,679,962 | $1,144,777 | $884,551 | $541,521 |
| Receivables, inventories, prepaids | $24,773 | $128,814 | $77,781 | $26,244 | $20,967 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,161,629 | $1,808,776 | $1,222,558 | $910,795 | $562,488 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $167,866 | $176,471 | $161,227 | $174,159 | $184,829 |
| Other long-term assets | $20,180 | $17,903 | $1,360 | $1,360 | $301 |
| Total long-term assets | $188,046 | $194,374 | $162,587 | $175,519 | $185,130 |
| Total assets | $2,349,675 | $2,003,150 | $1,385,145 | $1,086,314 | $747,618 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $58,347 | $44,266 | $62,412 | $53,246 | $51,345 |
| Other current liabilities | $0 | $0 | $0 | $0 | $19,303 |
| Total current liabilities | $58,347 | $44,266 | $62,412 | $53,246 | $70,648 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $58,347 | $44,266 | $62,412 | $53,246 | $70,648 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $2,003,261 | $1,686,612 | $956,040 | $609,964 | $517,279 |
| With donor restrictions | $288,067 | $272,272 | $366,693 | $423,104 | $159,691 |
| Net assets | $2,291,328 | $1,958,884 | $1,322,733 | $1,033,068 | $676,970 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $3,386,372 | $2,866,029 | $2,434,370 | $2,005,885 | $1,517,925 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $34,754 | $0 | $0 | $0 | $0 |
| Other revenue | $226,185 | $0 | $0 | $127,645 | $92,541 |
| Total other revenue | $260,939 | $0 | $0 | $127,645 | $92,541 |
| Total revenue | $3,647,311 | $2,866,029 | $2,434,370 | $2,133,530 | $1,610,466 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $2,926,095 | $1,862,206 | $1,779,992 | $1,534,022 | $1,294,149 |
| Management and general | $238,338 | $182,887 | $150,941 | $148,908 | $163,641 |
| Fundraising | $150,434 | $184,785 | $213,772 | $94,502 | $136,763 |
| Total expenses | $3,314,867 | $2,229,878 | $2,144,705 | $1,777,432 | $1,594,553 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $332,444 | $636,151 | $289,665 | $356,098 | $15,913 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $332,444 | $636,151 | $289,665 | $356,098 | $15,913 |
Compensation
| Name | Title | Compensation |
| Xiqiu Fu | Executive Director | $90,060 |
| Chad Bullard | Board Member | $3,232 |
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 4/4/2023. To update the information below, please email: [email protected]
History
For a timeline, visit: https://chinaaid.org/china-aid-history/