Christian Foundation of America 
The information on this page was last updated 3/22/2025. If you see errors or omissions, please email: [email protected]
Summary
Christian Foundation of America is a charitable Community Foundation serving Donors and the advisors who assist them with charitable giving funds, legacy and estate charitable planning services and funds management.
Contact information
Mailing address:
Christian Foundation of America
1 Dole Drive
Suite 3133
Westlake Village, CA 91362
Website: cfa.charity
Phone: (805) 523-9087
Email: [email protected]
Organization details
EIN: 770566530
CEO/President: Katherine L. Saigeon
Chairman: Randall P. Sanada
Board size: 12
Founder:
Ruling year: 2002
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2025
Purpose
As trusted stewards of your charitable dreams, we combine deep financial expertise with a heart for Kingdom work. We offer creative solutions to stretch your giving dollars and reduce or even eliminate your tax burden.
Mission statement
Christian Foundation of America's Mission is "Inspiring Generosity for Christian Impact".
Statement of faith
We believe that the entire Bible is the inspired and authoritative Word of God.
We believe that there is one God, eternally existing in three persons: Father, Son and Holy Spirit.
We believe that Jesus Christ is the only begotten Son of God, conceived by the Holy Spirit, born of the Virgin Mary, and was true Man and is true God.
We believe that God manifest Himself through the Holy Spirit, a person eternally coexistent with the Father and the Son, who indwells and empowers believers.
We believe that we are created in the image of God, and that we have sinned and are in need of a Savior.
We believe that the Lord Jesus Christ died for our sins, and offers salvation to all who believe in Him.
We believe that the Lord Jesus Christ was resurrected in body, ascended into Heaven, and will soon return to earth in glory.
We believe that there will be a bodily resurrection of all, with the saved to everlasting joy in the Lord's presence and the lost to everlasting suffering.
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Foundations
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1030 of 1115 | 11 of 11 |
| Fund acquisition rating | | 1082 of 1116 | 9 of 11 |
| Resource allocation rating | | 727 of 1116 | 8 of 11 |
| Asset utilization rating | | 909 of 1115 | 7 of 11 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 0% | 0% | 0% | 1% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 80% | 95% | 82% | 81% | 86% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 0% | 1% | 1% | 1% | 1% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 20% | 5% | 18% | 19% | 14% |
| Operating ratios | Sector median | 2023 | 2022 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 97% | 95% | 96% | 95% | 95% | 95% |
Spending ratio Spending ratio = Total expenses / Total revenue | 62% | 60% | 74% | 87% | 64% | 49% |
Program output ratio Program output ratio = Program services / Total revenue | 61% | 57% | 71% | 83% | 60% | 47% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 38% | 40% | 26% | 13% | 36% | 51% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 12% | 18% | 10% | 7% | 21% | 42% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 3% | 4% | 4% | 4% | 5% | 5% |
| Investing ratios | Sector median | 2023 | 2022 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.32 | 0.12 | 0.11 | 0.09 | 0.09 | 0.09 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.14 | 1.10 | 1.16 | 1.24 | 1.22 | 1.28 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 0.42 | 0.13 | 0.13 | 0.12 | 0.12 | 0.12 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 646.81 | 5563.63 | 5442.89 | 1812.18 | 251.26 | 168.91 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 28.18 | 94.66 | 91.61 | 102.06 | 103.59 | 103.49 |
| Solvency ratios | Sector median | 2023 | 2022 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 1% | 58% | 62% | 78% | 75% | 78% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 296% | 362% | 339% | 232% | 268% | 244% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2020 | 2019 | 2018 |
| Cash | $3,289 | $4,482 | $14,601 | $3,212 | $8,258 |
| Receivables, inventories, prepaids | $70,698 | $58,415 | $39,732 | $26,577 | $20,592 |
| Short-term investments | $28,395,083 | $22,721,054 | $16,684,814 | $13,240,126 | $11,064,569 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $28,469,070 | $22,783,951 | $16,739,147 | $13,269,915 | $11,093,419 |
| Long-term investments | $0 | $894,133 | $0 | $0 | $0 |
| Fixed assets | $8,791 | $9,646 | $6,789 | $7,046 | $3,279 |
| Other long-term assets | $2,842,859 | $2,814,908 | $3,962,925 | $2,977,561 | $3,108,008 |
| Total long-term assets | $2,851,650 | $3,718,687 | $3,969,714 | $2,984,607 | $3,111,287 |
| Total assets | $31,320,720 | $26,502,638 | $20,708,861 | $16,254,522 | $14,204,706 |
| Liabilities | 2023 | 2022 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $5,117 | $4,186 | $9,237 | $48,231 | $65,678 |
| Other current liabilities | $0 | $0 | $0 | $4,583 | $0 |
| Total current liabilities | $5,117 | $4,186 | $9,237 | $52,814 | $65,678 |
| Debt | $0 | $0 | $34,670 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $18,249,920 | $16,369,212 | $16,108,487 | $12,094,397 | $11,020,889 |
| Total long-term liabilities | $18,249,920 | $16,369,212 | $16,143,157 | $12,094,397 | $11,020,889 |
| Total liabilities | $18,255,037 | $16,373,398 | $16,152,394 | $12,147,211 | $11,086,567 |
| Net assets | 2023 | 2022 | 2020 | 2019 | 2018 |
| Without donor restrictions | $464,776 | $437,388 | $185,246 | $111,680 | $82,931 |
| With donor restrictions | $12,600,907 | $9,691,852 | $4,371,221 | $3,995,631 | $3,035,208 |
| Net assets | $13,065,683 | $10,129,240 | $4,556,467 | $4,107,311 | $3,118,139 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2020 | 2019 | 2018 |
| Total contributions | $4,816,597 | $3,830,840 | $1,851,373 | $1,944,407 | $2,216,346 |
| Program service revenue | $250,495 | $222,366 | $131,276 | $104,706 | $93,229 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $928,448 | ($16,380) | $255,451 | $324,120 | $270,691 |
| Other revenue | $0 | $0 | $28,619 | $24,060 | $8,663 |
| Total other revenue | $1,178,943 | $205,986 | $415,346 | $452,886 | $372,583 |
| Total revenue | $5,995,540 | $4,036,826 | $2,266,719 | $2,397,293 | $2,588,929 |
| Expenses | 2023 | 2022 | 2020 | 2019 | 2018 |
| Program services | $3,430,600 | $2,854,079 | $1,874,183 | $1,449,732 | $1,214,225 |
| Management and general | $157,951 | $114,308 | $82,437 | $72,615 | $58,231 |
| Fundraising | $19,983 | $15,684 | $10,354 | $8,791 | $6,296 |
| Total expenses | $3,608,534 | $2,984,071 | $1,966,974 | $1,531,138 | $1,278,752 |
| Change in net assets | 2023 | 2022 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $2,387,006 | $1,052,755 | $299,745 | $866,155 | $1,310,177 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $2,387,006 | $1,052,755 | $299,745 | $866,155 | $1,310,177 |
Compensation
| Name | Title | Compensation |
| Katherine L Saigeon | President/ED | $115,001 |
| Marisela Rios | Vice President | $54,925 |
| Sharon Hobba | asst secretary | $46,090 |
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 3/22/2025. To update the information below, please email: [email protected]
History
See history at https://www.cfa.charity/about