Orphanos Foundation

The information on this page was last updated 9/21/2022. If you see errors or omissions, please email: [email protected]


Summary



Orphanos provides "fee-free" donor-management services for Christian missionaries and ministries caring for vulnerable children and families.


Contact information

Mailing address:
Orphanos Foundation
PO Box 1057
Cordova, TN 38088-1057

Website: orphanos.org

Phone: 901-458-9500

Email: [email protected]


Organization details

EIN: 621694378

CEO/President: Wayne Sneed

Chairman:

Board size: 7

Founder:

Ruling year: 1998

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2007


Purpose

Our main focus is providing these specific services to our partners:

Money Care - We facilitate the donation process for our partners to focus on their work and receive funds from donors worry-free.

Member Care - We bless, coach, encourage, and pray for our missionary partners so they can be healthy and whole individuals.

Ministry Care - We bless, coach, encourage, and pray for our partner organizations so they can operate their ministries with administrative excellence.

Media Care - We provide insight into modern media research, innovative strategies, and personalized coaching for our partners towards the goal of excellence in their media footprint.


Mission statement

Our sole mission is to glorify Jesus Christ and serve His purpose on earth. We aspire to do this by providing professional support services to our partners that enables them to provide direct childcare that is God-honoring and positively impacts the whole child and their families.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Adoption/Foster Care

CategoryRatingOverall rankSector rank
Overall efficiency rating62 of 10344 of 35
Fund acquisition rating32 of 10364 of 35
Resource allocation rating39 of 10363 of 35
Asset utilization rating484 of 103419 of 35

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%0%1%1%2%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%0%1%1%2%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
81%98%99%99%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
4%1%1%1%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
19%2%1%1%1%1%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%98%99%98%96%97%
Spending ratio Spending ratio =
Total expenses /
Total revenue
92%77%98%92%89%76%
Program output ratio Program output ratio =
Program services /
Total revenue
74%76%97%90%86%74%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
8%23%2%8%11%24%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
15%32%3%12%15%34%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%1%1%1%2%1%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.181.071.591.301.140.92
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.461.201.201.171.201.23
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.711.291.911.521.361.13
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.55408.8723.85115.2456.3730.40
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.000.040.010.020.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.379.306.027.848.6410.27
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%0%8%6%10%16%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%5%5%8%13%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
67%93%58%72%80%92%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$2,776,492$2,051,608$1,996,426$1,782,163$1,570,566
Receivables, inventories, prepaids$990$990$6,165$0$10,638
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,777,482$2,052,598$2,002,591$1,782,163$1,581,204
Long-term investments$0$0$0$0$0
Fixed assets$561,701$327,842$338,384$349,983$362,750
Other long-term assets$0$90,314$3,957$4,685$2,244
Total long-term assets$561,701$418,156$342,341$354,668$364,994
Total assets$3,339,183$2,470,754$2,344,932$2,136,831$1,946,198
 
Liabilities20202019201820172016
Payables and accrued expenses$6,793$86,050$17,378$31,618$52,018
Other current liabilities$0$0$0$0$0
Total current liabilities$6,793$86,050$17,378$31,618$52,018
Debt$0$118,892$125,378$171,390$252,264
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$500$500$500$500$2,375
Total long-term liabilities$500$119,392$125,878$171,890$254,639
Total liabilities$7,293$205,442$143,256$203,508$306,657
 
Net assets20202019201820172016
Without donor restrictions$353,282$292,851$2,201,676$239,579$152,041
With donor restrictions$2,978,608$1,972,461$0$1,693,744$1,487,500
Net assets$3,331,890$2,265,312$2,201,676$1,933,323$1,639,541
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$4,547,734$3,939,737$3,289,404$2,707,891$2,327,063
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$17,401$30,552$7,572$4,853$4,360
Other revenue$76,268$12,064$11,164$12,651$15,074
Total other revenue$93,669$42,616$18,736$17,504$19,434
Total revenue$4,641,403$3,982,353$3,308,140$2,725,395$2,346,497
 
Expenses20202019201820172016
Program services$3,518,824$3,866,299$2,985,425$2,346,335$1,729,331
Management and general$35,791$31,309$29,964$43,508$26,391
Fundraising$20,213$21,108$24,398$41,768$31,342
Total expenses$3,574,828$3,918,716$3,039,787$2,431,611$1,787,064
 
Change in net assets20202019201820172016
Surplus (deficit)$1,066,575$63,637$268,353$293,784$559,433
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,066,575$63,637$268,353$293,784$559,433

Compensation

NameTitleCompensation
R Wayne SneedVice-Chairma$57,165

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 9/21/2022. To update the information below, please email: [email protected]


History


Program accomplishments

We estimate that since 1997, our "fee-free" model has saved our partners more than 6 million dollars but, it is about more than just financial savings.


Needs