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 rating642 of 108585 of 143
Fund acquisition rating647 of 108887 of 144
Resource allocation rating536 of 108875 of 144
Asset utilization rating597 of 108576 of 143

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%6%9%5%9%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%6%9%4%8%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%100%100%94%94%92%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%8%10%5%9%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%0%0%6%6%8%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%84%83%86%81%83%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%78%88%83%99%87%
Program output ratio Program output ratio =
Program services /
Total revenue
77%65%73%72%80%72%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%22%12%17%1%13%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%32%22%34%2%32%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%8%7%8%10%8%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.181.111.551.642.132.04
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.181.111.131.191.331.39
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.651.231.751.952.832.84
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
22.5440.8619.5917.117.9611.32
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.040.020.050.060.130.09
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.819.506.495.793.703.85
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
6%2%5%5%9%6%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
78%88%62%58%42%46%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$1,679,962$1,144,777$884,551$541,521$486,095
Receivables, inventories, prepaids$128,814$77,781$26,244$20,967$21,307
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,808,776$1,222,558$910,795$562,488$507,402
Long-term investments$0$0$0$0$0
Fixed assets$176,471$161,227$174,159$184,829$198,461
Other long-term assets$17,903$1,360$1,360$301$0
Total long-term assets$194,374$162,587$175,519$185,130$198,461
Total assets$2,003,150$1,385,145$1,086,314$747,618$705,863
 
Liabilities20212020201920182017
Payables and accrued expenses$44,266$62,412$53,246$51,345$38,990
Other current liabilities$0$0$0$19,303$5,816
Total current liabilities$44,266$62,412$53,246$70,648$44,806
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$44,266$62,412$53,246$70,648$44,806
 
Net assets20212020201920182017
Without donor restrictions$1,686,612$956,040$609,964$517,279$513,010
With donor restrictions$272,272$366,693$423,104$159,691$148,047
Net assets$1,958,884$1,322,733$1,033,068$676,970$661,057
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$2,866,029$2,434,370$2,005,885$1,517,925$1,524,375
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$0$0$0$0$0
Other revenue$0$0$127,645$92,541$130,483
Total other revenue$0$0$127,645$92,541$130,483
Total revenue$2,866,029$2,434,370$2,133,530$1,610,466$1,654,858
 
Expenses20212020201920182017
Program services$1,862,206$1,779,992$1,534,022$1,294,149$1,195,318
Management and general$182,887$150,941$148,908$163,641$117,015
Fundraising$184,785$213,772$94,502$136,763$128,700
Total expenses$2,229,878$2,144,705$1,777,432$1,594,553$1,441,033
 
Change in net assets20212020201920182017
Surplus (deficit)$636,151$289,665$356,098$15,913$213,825
Other changes in net assets$0$0$0$0$0
Total change in net assets$636,151$289,665$356,098$15,913$213,825

Compensation

NameTitleCompensation
Xiqiu FuExecutive Director$86,500

Compensation data as of: 12/31/2021


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