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 rating54 of 11041 of 32
Fund acquisition rating14 of 11051 of 32
Resource allocation rating79 of 11051 of 32
Asset utilization rating491 of 110414 of 32

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%0%0%0%1%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%0%0%0%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
63%99%99%98%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
4%0%0%1%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
37%1%1%2%1%1%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%98%99%98%99%98%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%94%90%77%98%92%
Program output ratio Program output ratio =
Program services /
Total revenue
85%92%88%76%97%90%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%6%10%23%2%8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%8%14%32%3%12%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%1%1%1%1%1%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.041.171.201.071.591.30
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.351.151.161.201.201.17
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.671.341.391.291.911.52
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.0556.44146.03408.8723.85115.24
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.020.010.000.040.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.678.768.569.306.027.84
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%2%1%0%8%6%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%5%5%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
84%84%83%93%58%72%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$2,230,884$3,355,840$2,776,492$2,051,608$1,996,426
Receivables, inventories, prepaids$8,688$990$990$990$6,165
Short-term investments$1,497,487$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$3,737,059$3,356,830$2,777,482$2,052,598$2,002,591
Long-term investments$0$0$0$0$0
Fixed assets$538,740$543,221$561,701$327,842$338,384
Other long-term assets$18,132$0$0$90,314$3,957
Total long-term assets$556,872$543,221$561,701$418,156$342,341
Total assets$4,293,931$3,900,051$3,339,183$2,470,754$2,344,932
 
Liabilities20222021202020192018
Payables and accrued expenses$66,218$22,988$6,793$86,050$17,378
Other current liabilities$0$0$0$0$0
Total current liabilities$66,218$22,988$6,793$86,050$17,378
Debt$18,132$0$0$118,892$125,378
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,900$1,900$500$500$500
Total long-term liabilities$20,032$1,900$500$119,392$125,878
Total liabilities$86,250$24,888$7,293$205,442$143,256
 
Net assets20222021202020192018
Without donor restrictions$392,249$401,370$353,282$292,851$2,201,676
With donor restrictions$3,815,432$3,473,793$2,978,608$1,972,461$0
Net assets$4,207,681$3,875,163$3,331,890$2,265,312$2,201,676
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$5,284,692$5,154,149$4,547,734$3,939,737$3,289,404
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$23,996$14,192$17,401$30,552$7,572
Other revenue$51,818$49,377$76,268$12,064$11,164
Total other revenue$75,814$63,569$93,669$42,616$18,736
Total revenue$5,360,506$5,217,718$4,641,403$3,982,353$3,308,140
 
Expenses20222021202020192018
Program services$4,936,432$4,611,806$3,518,824$3,866,299$2,985,425
Management and general$71,928$41,453$35,791$31,309$29,964
Fundraising$17,629$21,183$20,213$21,108$24,398
Total expenses$5,025,989$4,674,442$3,574,828$3,918,716$3,039,787
 
Change in net assets20222021202020192018
Surplus (deficit)$334,517$543,276$1,066,575$63,637$268,353
Other changes in net assets$0$0$0$0$0
Total change in net assets$334,517$543,276$1,066,575$63,637$268,353

Compensation

NameTitleCompensation
R Wayne SneedVice-Chairma$50,400

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 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