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

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating320 of 110244 of 144
Fund acquisition rating405 of 110358 of 144
Resource allocation rating298 of 110353 of 144
Asset utilization rating556 of 110263 of 144

Financial ratios

Funding ratiosSector median20222021202020192018
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 ratiosSector median20222021202020192018
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
81%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
3%15%32%22%34%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%7%8%7%8%10%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.331.411.111.551.642.13
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.191.091.111.131.191.33
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.941.531.231.751.952.83
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
18.5537.0540.8619.5917.117.96
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.030.020.050.060.13
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.727.619.506.495.793.70
 
Solvency ratiosSector median20222021202020192018
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
 
Assets20222021202020192018
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
 
Liabilities20222021202020192018
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 assets20222021202020192018
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
 
Revenue20222021202020192018
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
 
Expenses20222021202020192018
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 assets20222021202020192018
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

NameTitleCompensation
Xiqiu FuExecutive Director$90,060
Chad BullardBoard 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/


Program accomplishments


Needs