Liabilities / Assets
23rd percentile
Higher debt load relative to assets than 23% of similar nonprofits.
EIN 54-0536100 • 501(c)3 • Richmond, VA
Profile
Protecting and advancing the worth and the rights of children. Childfund believes that the well-being of all children leads to the well-being of the world; we empower children to thrive throughout all stages of life and become leaders of enduring change. Childfund programs reach infants, children and youth, including their parents and families.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
23rd percentile
Higher debt load relative to assets than 23% of similar nonprofits.
Liabilities / Revenue
13th percentile
Higher debt load relative to revenue than 13% of similar nonprofits.
Net Margin
48th percentile
Higher net margin than 48% of similar nonprofits.
Top Officer Pay
49th percentile
Higher top officer pay than 49% of similar nonprofits.
Top officer pay equals 0.2% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
27th percentile
Faster revenue growth than 27% of similar nonprofits.
Assets
Up$173,081,737
Up $17,742,734 (+11%) from 2022
Liabilities
Down$14,456,965
Down $3,758,575 (-21%) from 2022
Net Assets
Up$158,624,772
Up $21,501,309 (+16%) from 2022
Revenue
Down$194,133,779
Down $5,428,364 (-2.7%) from 2022
Expenses
Down$190,211,998
Down $3,969,190 (-2.0%) from 2022
Net Income
Down$3,921,781
Down $1,459,174 (-27%) from 2022
Most recent year
2023 • Form 990Summary only. Only limited summary data is available for this year.
The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.
Childfund's mission is to help deprived, excluded and vulnerable children have the capacity to become young adults, parents and leaders who bring lasting and positive change to their communities, and to promote societies whose individuals and institutions participate in valuing, protecting and advancing the worth and the rights of children.
SEE SCHEDULE O
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $55,726,864 | $65,008,014 | ▲ $9,281,150 |
| Cash and Non-Interest-Bearing Accounts | $26,146,143 | $33,376,899 | ▲ $7,230,756 |
| Land, Buildings, and Equipment, Net | $29,231,200 | $28,698,467 | ▼ $532,733 |
| Investments Other Securities | $5,793,711 | $10,536,174 | ▲ $4,742,463 |
| Accounts Receivable | $9,906,277 | $7,072,747 | ▼ $2,833,530 |
| Prepaid Expenses and Deferred Charges | $3,542,435 | $3,514,063 | ▼ $28,372 |
| Pledges and Grants Receivable | $486,037 | $2,917,304 | ▲ $2,431,267 |
| Inventories for Sale or Use | $3,416,814 | $1,459,825 | ▼ $1,956,989 |
| Savings and Temporary Cash Investments | $456,424 | $510,828 | ▲ $54,404 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $144,391,272 | $164,998,809 | ▲ $20,607,537 |
| Other Assets Total | $9,685,367 | $11,904,488 | ▲ $2,219,121 |
| Liabilities | |||
| Grants Payable | $8,952,870 | $7,474,988 | ▼ $1,477,882 |
| Accounts Payable and Accrued Expenses | $2,610,722 | $4,691,845 | ▲ $2,081,123 |
| Unsecured Notes Loans Payable | $8,379,433 | $3,520,834 | ▼ $4,858,599 |
| Other Liabilities | $7,935,936 | $2,229,094 | ▼ $5,706,842 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $27,878,961 | $17,916,761 | ▼ $9,962,200 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $46,126,343 | $76,024,931 | ▲ $29,898,588 |
| Net Assets With Donor Restrictions | $70,385,968 | $71,057,117 | ▲ $671,149 |
| Total Net Assets Fund Balance | $116,512,311 | $147,082,048 | ▲ $30,569,737 |
| Total Liabilities and Net Assets / Fund Balance | $144,391,272 | $164,998,809 | ▲ $20,607,537 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $15,609,999 | $16,052,480 | $31,662,479 |
| Buildings | $8,830,095 | $11,535,468 | $20,365,563 |
| Other Land Buildings | $3,112,246 | $6,175,554 | $9,287,800 |
| Land | $1,146,127 | - | $1,146,127 |
| Other Assets Org | $73,510 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2020 | $18,231,477 | $354,516 | ▲ $5,774,224 | $373,603 | $23,970,160 |
| 2019 | $16,993,506 | $964,421 | ▲ $361,067 | $74,817 | $18,231,477 |
| 2018 | $15,589,958 | $582,925 | ▲ $959,645 | $126,424 | $16,993,506 |
| 2017 | $14,538,016 | $6,092 | ▲ $1,142,890 | $81,982 | $15,589,958 |
| 2016 | $12,903,681 | $180 | ▲ $1,676,025 | $31,821 | $14,538,016 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Anne Goddard | Presdent | FT | $396,195 | $42,084 | $438,279 |
| James Tuite | Vice President/CFO | FT | $245,584 | $45,934 | $291,518 |
| Adam Hicks | Chief Dev & Mktg Officer | FT | $230,350 | $42,273 | $272,623 |
| Naomi Rutherberg | VP, Programs & Partnerships | FT | $219,492 | $43,615 | $263,107 |
| Scott Sherman | VP, Global Human Resources | FT | $208,114 | $38,806 | $246,920 |
| Paul Bode | VP of Global Operation | FT | $213,969 | $31,073 | $245,042 |
| Jeremy Willet | Sponsor Ambassador | FT | $204,605 | $37,534 | $242,139 |
| Name | Title |
|---|---|
| Lyn McDermid | Chairperson |
| Ed Grier | Former Chairperson |
| Sarah Green | Vice Chairperson |
| B J Arun | Director |
| Daphne Maxwell Reid | Director |
| Enrique Mayor-Mora | Director |
| Esther Kestenbaum | Director |
| Geremie Sawadogo | Director |
| Helen Thompson | Director |
| James A Carleton | Director |
| Makola M Abdullah PhD | Director |
| Miguel Zepeda | Director |
| Pamela Yee | Director |
| R Wheatley McDowell | Director |
| Ravi Narula | Director |
| Shailendra Ghorpade | Director |
| Tamar Manuelyan Atinc | Director |
| Aaron Williams | Member-at-Large |
| Ayesha Khanna | Member-at-Large |
| John B Adams | Member-at-Large |
| Cassie Landers | Seretary |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Isandbox | Direct Marketing | 5310 MARKEL ROAD SUITE 116, Richmond, VA 23230, Ca | $2,860,146 |
| Society Etc Ltd | Digital Marketing | 7106 CROSSROADS BOULEVARD, Brentwood, VA 37027 | $2,228,734 |
| Thriving Children Advocates LLC | Live Fundraising | SUITE 300, San Diego, CA 92101 | $2,114,985 |
| Britevox INC | Face to Face Fundr. | 3310 WEST END AVENUE, Nashville, TN 37203 | $1,957,999 |
| Ld Road INC | Live Fundraising | - | $1,871,266 |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Drugs and Medical Supplies | 10 | $14,409,421 | Discounted Fair Market Value (FMV) |
| Clothing and Household Goods | - | $1,922,178 | Discounted Fair Market Value (FMV) |
| Books and Publications | - | $166,749 | Discounted Fair Market Value (FMV) |
| Total Noncash Contributions | 10 | $16,498,348 | - |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $120,811,070 |
| Salaries, Compensation, and Employee Benefits | $31,404,552 |
| Other Expenses | $25,908,507 |
| Total Fundraising Expense | $25,731,049 |
| Professional Fundraising Fees | $12,622,879 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Foreign Grants | $119,603,449 | - | - | $119,603,449 |
| Other Salaries and Wages | $10,545,160 | $6,814,264 | $4,142,059 | $21,501,483 |
| Fees for Services Professional Fundraising | - | - | $12,622,879 | $12,622,879 |
| Fees for Services Other | $4,155,478 | $2,400,635 | $3,977,983 | $10,534,096 |
| Other Employee Benefits | $2,992,677 | $1,151,961 | $527,880 | $4,672,518 |
| Depreciation Depletion | $2,586,816 | $832,002 | $169,364 | $3,588,182 |
| Information Technology | $415,119 | $1,926,568 | $196,759 | $2,538,446 |
| Pension Plan Contributions | $1,180,544 | $1,013,011 | $328,164 | $2,521,719 |
| Other Expenses | $429,688 | $1,576,270 | $386,022 | $2,391,980 |
| Advertising | $87,737 | $24,722 | $1,945,679 | $2,058,138 |
| Payroll Taxes | $1,178,713 | $525,003 | $273,586 | $1,977,302 |
| Office Expenses | $349,774 | $670,554 | $724,951 | $1,745,279 |
| Occupancy | $828,139 | $353,890 | $305,997 | $1,488,026 |
| Grants to Domestic Orgs | $1,207,621 | - | - | $1,207,621 |
| Comp Disqual Persons | - | $731,530 | - | $731,530 |
| Payments to Affiliates | - | $489,839 | - | $489,839 |
| Fees for Services Legal | $100,786 | $181,110 | $375 | $282,271 |
| Travel | $128,101 | $15,579 | $91,574 | $235,254 |
| Interest | $127,072 | $44,268 | - | $171,340 |
| Fees for Services Accounting | $96,284 | $72,425 | - | $168,709 |
| Fees for Service Investment Mgmnt Fees | - | $116,632 | - | $116,632 |
| Conferences and Meetings | $53,694 | $8,844 | $30,547 | $93,085 |
| Fees for Services Management | - | - | $7,230 | $7,230 |
| Total Functional Expenses | $146,066,852 | $18,949,107 | $25,731,049 | $190,747,008 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $216,936,840 |
| Expenses per Audited Statements | $190,885,862 |
| Total Expenses per Form 990 | $190,747,008 |
| Expenses Not Reported on Form 990 | $26,050,978 |
| Expenses Not Reported on Financial Statements | $-138,854 |
| Other Expense Adjustments | $-255,486 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Operation Shoestring | Jackson, MS | 501(c)(3) | See Part V | $69,611 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Sub-Saharan Africa | Grantmaking | See Part V | 0 | 0 | $60,250,524 |
| East Asia and the Pacific | Grantmaking | - | - | - | $19,604,978 |
| East Asia and the Pacific | Investments | - | - | - | $16,693,567 |
| South America | Grantmaking | See Part V | 0 | 0 | $13,240,947 |
| Central America and the Caribbean | Grantmaking | - | 3 | 156 | $11,529,233 |
| South Asia | Grantmaking | - | - | - | $10,856,863 |
| Central America and the Caribbean | Investments | See Part V | 1 | 56 | $7,450,247 |
| North America | Grantmaking | - | - | - | $4,350,808 |
| Sub-Saharan Africa | Program Services | See Part V | 9 | 389 | $4,034,445 |
| East Asia and the Pacific | Program Services | - | - | - | $3,031,490 |
| South America | Program Services | See Part V | 3 | 114 | $2,681,922 |
| Central America and the Caribbean | Program Services | See Part V | 3 | 123 | $1,132,459 |
| South Asia | Program Services | - | - | - | $912,402 |
| South Asia | Investments | - | - | - | $781,905 |
| North America | Program Services | - | 3 | 76 | $754,357 |
| Central America and the Caribbean | Investments | - | - | - | $10,620 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $12,622,879 |
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Liability | Amount |
|---|---|
| Accrued Benefit Liability | $2,229,094 |
“Ed walker, wheat mcdowell, tom deline and sally green have a business relationship.”
“The 990 is reviewed by our controller, cfo, an independent tax consultant, and member of the board of directors before it is filed with the irs.”
“THE BOARD OF DIRECTORS, PRESIDENT, AND VICE PRESIDENTS ARE REQUIRED TO ANNUALLY REVIEW THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND COMPLETE A DISCLOSURE STATEMENT REQUIRES DISCLOSURE OF ANY RELATIONSHIP OR ACTIVITY WHICH MAY CONSTITUTE A CONFLICT OF INTEREST. BOARD MEMBERS ARE ALSO REQUIRED TO PROMPTLY UPDATE THEIR DISCLOSURE STATEMENT WITH NEW RELATIONSHIPS OR ACTIVITIES WHICH MAY CONSTITUTE A CONFLICT OF INTEREST. Disclosures made are reviewed by the Audit Committee in consultation with General Counsel and actions are taken to avoid potential or actual conflict. The full BOD are made aware of any potential or actual conflicts. MEMBERS OF STAFF ARE REQUIRED TO RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY AND COMPLETE A DISCLOSURE STATEMENT WHEN HIRED. NON-KEY EMPLOYEES ARE REQUIRED TO PROMPTLY DISCLOSE TO THEIR SUPERVISOR AS SOON AS THEY BECOME AWARE OF A CONFLICT, POTENTIAL CONFLICT OR APPEARANCE OF A CONFLICT. MANAGEMENT IN CONSULTATION WITH THE ASSURANCE DEPARTMENT REVIEWS THE DISCLOSURE AND TAKES ACTION TO AVOID POTENTIAL OR ACTUAL CONFLICT.”
“Childfund provided external market data for compensation benchmarks to the board compensation committee for review for the ceo in richmond, va. The committee is independent, and their decisions are documented in board minutes.”
“Childfund's conflict of interest policy and governing documents are available upon request for the same period of disclosure as set forth in section 6104(d). Annual reports and financial statements are available on the organization's website.”
“On a full transparency posture, childfund has elected to include all "other compensation" in column f, regardless of amount.”
“To help deprived, excluded and vulnerable children living in poverty have the capacity to become young adults, parents and leaders who bring lasting and positive change to their communities, and to promote societies whose individuals and institutions participate in valuing, protecting and advancing the worth and the rights of children. Childfund programs reach an estimated 36 million infants, children, youth and parent's annually.”
“Micro-enterprise development: childfund equips caregivers and youth to successfully support themselves and their family. Our support for economic strengthening links parents and caregivers to available services that support livelihoods security and financial literacy so that they can consistently ensure access to health and learning and strengthen protective environments for children. As adolescents and youth prepare to support themselves, childfund supports youth livelihood development with a focus on skills training (including life skills), preparation for employment, and guidance on business development, leadership development and civic engagement. Expenses $ 22,684,905. Incl grants of $ 19,156,785. Revenue $ 128,100. Early childhood development: childfund is committed to effective programs that promote child development and secure infants and young children, early childhood development and protection services include parenting education and support groups home based outreach to support and promote child development, and preschool services in community managed centers. Expenses $ 18,067,979. Incl grants of $ 13,227,190. Revenue $ 88,449. Nutrition: childfund international promotes interventions that impact young children and mothers. These practical measures include nutrition education and promotion, micronutrient supplementation, parasite control measures, and situation specific household food security interventions, including cash and voucher assistance. Expenses $ 8,269,883. Incl grants of $ 6,729,850. Revenue $ 45,002.”
“Bolivia, ecuador, ethiopia, guatemala, guinea, honduras, india, indonesia, kenya, mozambique, panama, philippines, senegal, sierra leone, sri lanka, thailand, the gambia, uganda, zambia.”
“Change in accrued benefit liability 5,635,174 change in value of trust 2,219,120 change in value split interest cga (75,149) ______________ total to part xi, line 2d 7,779,145”
“The process for overseeing the audit of the financial statements and selection of an independent accountant that audited the financial statements has been consistent with prior years.”
“Childfund has several endowments which include assets of donor-restricted funds that the organization must hold in perpetuity or for a donor-specified period, as well as board-designated funds, investment gains and yields on the invested principal area used to provide food, education, basic health care, scholarships, and program support beyond the reach of traditional sponsorship funding.”
“Management evaluated childfund's tax positions and concluded childfund had taken no uncertain tax positions that require adjustment to the financial statements to comply with u.s. Gaap. With few exceptions, childfund is no longer subject to income tax examinations by the u.s. Federal, state, or local tax authorities for years before 2017.”
“Change in accrued benefit liability 5,635,174 change in value of trust 2,219,121 change in value split interest cga (75,149) ______________ total to part xi, line 2d 7,779,146”
“Rental expense included on part viii, line 6b ($255,486)”
“Rental expense included on part viii, line 6b ($255,486)”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 12622879 |
| IRS990/CYTotalRevenueAmt | 0 | 203277969 |
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| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | true |
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| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
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No mirrored PDF or thumbnail assets are attached yet.
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12% higherPeoria, IL
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Revenue vs current organization
11% lowerAssets vs current organization
12% higherNew York, NY
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Revenue vs current organization
81% lowerAssets vs current organization
12% higherHays, KS
View Organization501(c)3
Revenue vs current organization
86% lowerAssets vs current organization
12% higher