Orphanos Foundation

The information on this page was last updated 12/21/2023. 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: Wayne Sneed, vice-chair

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 rating42 of 11172 of 41
Fund acquisition rating35 of 11181 of 41
Resource allocation rating12 of 11181 of 41
Asset utilization rating384 of 111713 of 41

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%0%0%0%0%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%0%0%0%0%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
72%97%99%99%98%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%0%0%0%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
28%3%1%1%2%1%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%97%98%99%98%99%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%95%94%90%77%98%
Program output ratio Program output ratio =
Program services /
Total revenue
77%92%92%88%76%97%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%5%6%10%23%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%7%8%14%32%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%2%1%1%1%1%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.831.311.171.201.071.59
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.351.131.151.161.201.20
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.541.481.341.391.291.91
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.29574.9156.44146.03408.8723.85
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.000.020.010.000.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.168.098.768.569.306.02
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%0%2%1%0%8%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%5%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
97%76%84%83%93%58%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$4,009,962$2,230,884$3,355,840$2,776,492$2,051,608
Receivables, inventories, prepaids$6,958$8,688$990$990$990
Short-term investments$0$1,497,487$0$0$0
Other current assets$0$0$0$0$0
Total current assets$4,016,920$3,737,059$3,356,830$2,777,482$2,052,598
Long-term investments$0$0$0$0$0
Fixed assets$524,467$538,740$543,221$561,701$327,842
Other long-term assets$6,789$18,132$0$0$90,314
Total long-term assets$531,256$556,872$543,221$561,701$418,156
Total assets$4,548,176$4,293,931$3,900,051$3,339,183$2,470,754
 
Liabilities20232022202120202019
Payables and accrued expenses$6,987$66,218$22,988$6,793$86,050
Other current liabilities$0$0$0$0$0
Total current liabilities$6,987$66,218$22,988$6,793$86,050
Debt$6,788$18,132$0$0$118,892
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,900$1,900$1,900$500$500
Total long-term liabilities$8,688$20,032$1,900$500$119,392
Total liabilities$15,675$86,250$24,888$7,293$205,442
 
Net assets20232022202120202019
Without donor restrictions$407,353$392,249$401,370$353,282$292,851
With donor restrictions$4,125,148$3,815,432$3,473,793$2,978,608$1,972,461
Net assets$4,532,501$4,207,681$3,875,163$3,331,890$2,265,312
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$6,104,878$5,284,692$5,154,149$4,547,734$3,939,737
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$137,070$23,996$14,192$17,401$30,552
Other revenue$31,670$51,818$49,377$76,268$12,064
Total other revenue$168,740$75,814$63,569$93,669$42,616
Total revenue$6,273,618$5,360,506$5,217,718$4,641,403$3,982,353
 
Expenses20232022202120202019
Program services$5,794,094$4,936,432$4,611,806$3,518,824$3,866,299
Management and general$136,024$71,928$41,453$35,791$31,309
Fundraising$18,679$17,629$21,183$20,213$21,108
Total expenses$5,948,797$5,025,989$4,674,442$3,574,828$3,918,716
 
Change in net assets20232022202120202019
Surplus (deficit)$324,821$334,517$543,276$1,066,575$63,637
Other changes in net assets$0$0$0$0$0
Total change in net assets$324,821$334,517$543,276$1,066,575$63,637

Compensation

NameTitleCompensation
R Wayne SneedVice-Chairma$34,620

Compensation data as of: 12/31/2023


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 12/21/2023. 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