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Food for the Hungry, Inc.

Rating
Sector:

Relief and Development

Total
Revenue:

$129,940,000

Total
Expenses:

$126,302,000

Net
Assets:

$8,789,000

Profile Changes

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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 82% 89.9%
General & Admin 12.6% 3.2%
Fundraising 6.2% 4.1%
Savings -1% 2.7%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
<25
<$1m$1m-
$5m
>$5m

Summary

Food for the Hungry, Inc. ("FOOD") is an international organization that exists to fulfill the God-given mandate to help people overcome both physical and spiritual hunger (Isaiah 58). FOOD aspires to follow the Biblical example of community to community, preaching, teaching, and healing (Matthew 9:35-38). FOOD's operates integrated, child-focused development and relief programs in more than 25 countries in Asia, Africa, and Latin America. Food for the Hungry also responds to natural disasters (such as famines and earthquakes) and man-made disasters (such as war). Food for the Hungry is an international partnership raising funds in Canada, Hong Kong, Japan, Korea, Norway, Singapore, Switzerland, the United Kingdom, and the United States. Support comes from individuals, churches, foundations, businesses, the United Nations, and several government sources.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Contact Information: [ Back to top ]

Mailing Address:1224 E. Washington St.
Phoenix, AZ
85034-1102
Website: www.fh.org
Phone:(480) 998-3100, (800) 248-6437
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 952680390
CEO/President: Mr. Benjamin K. Homan Tax Deductible: Yes
Chairman: Theodore S. Corwin, Jr. Fiscal Year End: September 30
Board Size: 12 Financial info from: 990
Founder: Dr. Larry Ward Member of ECFA: Yes
Year Founded: 1971 Member of ECFA since: 1980

Purpose [ Back to top ]

Food for the Hungry, Inc. ("FOOD") is an international organization that exists to fulfill the God-given mandate to help people overcome both physical and spiritual hunger (Isaiah 58). FOOD aspires to follow the Biblical example of community to community, preaching, teaching, and healing (Matthew 9:35-38). Motivated by Christ's love, the international partnership of Food for the Hungry exists to meet both physical and spiritual hungers of the poor. This purpose is met by speaking out to all people about physical and spiritual hungers, sending people to share Christ's love, and facilitating emergency relief and sustainable development.

FOOD operates integrated, child-focused development and relief programs in more than 25 countries in Asia, Africa, and Latin America. Food for the Hungry also responds to natural disasters (such as famines and earthquakes) and man-made disasters (such as war). FOOD achieves its goals by partnering with and serving the Body of Christ in its mission to follow the Lord and Savior Jesus Christ in working with the poor and oppressed to promote human transformation, seek justice, and bear witness to the Good News.

Food for the Hungry is an international partnership raising funds in Canada, Hong Kong, Japan, Korea, Norway, Singapore, Switzerland, the United Kingdom, and the United States. Support comes from individuals, churches, foundations, businesses, the United Nations, and several government sources.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Mission Statement [ Back to top ]

Food for the Hungry uses the following to communicate its mission:

Food for the Hungry is an international organization of Christian motivation, committed to working with poor people to overcome hunger and poverty through integrated self-development and relief programs. Relief efforts include famines in Africa, typhoons in Southeast Asia, floods in the United States, and earthquakes in Central America.

Program Accomplishments [ Back to top ]

FOOD's accomplishments and activity is through: Child sponsorship, emergency relief and rehabilitation, community clean water projects, health education and intervention, agriculture development, income generation, skills training and education.

Staff also work with indigenous organizations to help them better serve the needs of people in their own communities. Missions opportunities are offered through Food's longer-term assignments with its Hunger Corps program. Ongoing programs and/or Hunger Corps staff are doing ongoing development work in: Bangladesh, Bolivia, Cambodia, China, Congo (formerly Zaire), Dominican Republic, Ethiopia, Guatemala, Honduras, Kenya, Laos, Mozambique, Nicaragua, Peru, Philippines, Romania, Rwanda, Tanzania, Thailand, Uganda, Vietnam.

Relief services and/or commodities are going to: Angola, Bosnia, Brazil, Former Soviet Union, Mongolia, North Korea, United States of America.

Statement of Faith [ Back to top ]

Food for the Hungry uses the following to express its Statement of Faith:

  • We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
  • We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.
  • We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.
  • We believe that for the salvation of lost and sinful people, regeneration by the Holy Spirit is absolutely essential.
  • We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.
  • We believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.
  • We believe in the spiritual unity of believers in our Lord Jesus Christ.

History [ Back to top ]

Larry Ward, Ph.D., founded the organization in 1971, with offices in southern California. He moved the offices to Arizona in 1974.

Early projects included helping refugees in war-torn Bangladesh, earthquake victims in Nicaragua, and hungry and needy people in Haiti and West Africa. Hunger Corps, the people-sending division of Food for the Hungry, began in 1979.

Dr. Larry Ward retired in 1984 and Ted Yamamori, Ph.D., became president. As a young child, Yamamori had his own near-starvation experience at the end of World War II in Japan. He survived, thanks to the kindness of strangers.

In January 2000, Dr. Yamamori, publicly announced his plans for retirement, after serving as president of both organizations since 1984. On December 4, 2000, Randall L. Hoag was announced as the president of Food for the Hungry International (FHI), and Benjamin K. Homan as the president of Food for the Hungry, Incorporated (FH, Inc.).

Randy Hoag served as executive vice-president of Food for the Hungry International beginning in 1996. He began his career with Food for the Hungry in 1983 as a volunteer and later served as country director of Bolivia from 1987 to 1991.

Ben Homan came to Food for the Hungry after serving as vice president at Covenant Theological Seminary in St. Louis, Missouri, where he served since 1988

Ministry Needs [ Back to top ]

Food for the Hungry, Inc. uses the following to express some of its Ministry Needs:

DONATE

  • $20 - To feed and education a hurting child for an entire month.
  • $48 - To provide safe drinking water in a remote village for 10 people.
  • $75 - Will supply hearty breakfasts to 50 school-aged children.
PRAY
NationShapers seeks to answer this question while providing intercessors with resources on how to pray strategically for developing countries and lands where people have never heard the name Jesus. Each month, NationShapers.org will highlight a country and provide facts, historical information and up to the minute prayer requests for families, churches and governments. As a NationShaper, you will help change the course of history while learning about the different nations and cultures of our world. It's going to be a great journey.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria categoryGradeOther Comments
Timeliness:90
Financial Information:100
Foundational Clarity:1003/30/2006 11:48:09 AM: Descriptive information was abundant and thorough.
Level of Cooperation:1003/30/2006 11:48:13 AM: Answers to questions were thorough.
Click here to compare ministries on transparency and other stats
Click here to learn more about how ministries are graded

MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankRelief and Development Sector
Overall Efficiency RatingStarStarStarStarStar24 of 353    16 of 54
Fund Acquisition DecisionStarStarStarStar99 of 353      26 of 54
Resource Allocation DecisionStarStarStarStar37 of 353      23 of 54
Asset Utilization DecisionStarStarStarStarStar21 of 353      8 of 54
Learn how the ratings are calculated for this ministry
Learn how ratings are calculated in general -- or here for a longer explanation
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Shining Light [ Back to top ]

Food for the Hungry says God is opening doors for it to fulfill its mission
Supporters Might Say
  • FH is a shining example of Christian love.
  • FH motivates churches to expand their bounds of ministry, thus bringing (at least potentially) more people into the fold.
  • FH fulfills a moral imperative to help people. No one, especially Christians, can in good conscience hear of people’s suffering and do nothing.
  • FH rightly appraises the value of the body and of man’s physical needs.
  • Because FH does not simply provide temporary relief, but works to help communities become self-sustaining, it affirms the God-given dignity and responsibility of every person, community, and culture.
  • FH has integrated social good works with evangelism without lapsing into a mere social gospel. This is a rare and commendable achievement.
  • The concept and application of “holistic ministry” truly brings the Lordship of Christ to bear on every facet of life.

Critics Might Say
  • While Food for the Hungry is transparent and specific in how its Child Sponsorship program works, the practice of utilizing Child Sponsorship is sometimes seen only as a fundraising tactic and its use by Christian ministries is varied and sporadic, so donors are encouraged to investigate closely the concept itself, compare it with their views of Christian ministry and determine if the method utilized by FH is consistent with their giving decision.
  • The notion of “holistic ministry” may confuse the role of the local church in society. Some donors may take this to mean that the ministry and those it partners with may be compelled to be involved in local, regional or even national political matters.
  • The emphasis by Food for the Hungry on social works may lead some donors to be concerned that where it does not collaborate directly with local pastors and other indigenous church leaders that, without close monitoring, the Gospel message could be compromised.
  • Food for the Hungry has enjoyed fairly rapid growth during the last several years. This could lead donors to consider if FH is remaining focused on its core mission, and is spreading its resources to thin, which could lead to it having to abandon some mission fields in lean giving times.

Theological Considerations
  • FH’s statement of faith reflects a commitment to sound, basic, biblical doctrine.
  • FH clearly maintains that the Gospel is a matter of personal redemption, not social transformation.
  • FH, through FHI, offers an instructional curriculum (“Samaritan Strategy”) designed to carefully explain the relationship of social good works to the Christian faith.
  • FH insists upon the biblical worldview, as opposed to other worldviews. This reflects a commitment to absolute truth and the uniqueness of Christ as the way to God (Jn. 14:6).
  • FH views the church as the primary instrument of God for effecting social change.
  • FH teaches that ministering to the body, though it may provide an opportunity to share the Gospel, is not merely a means to an end. To help people in their earthly troubles is a good thing in itself.
  • FH teaches that the church realizes the Kingdom of God in society. The Kingdom of God has not yet come in one sense (its final form- realized at Christ’s return), but it is here in another sense (in the church- triumphant in Christ through the power of the Spirit).
  • In FHI’s curriculum (Samaritan Strategy), it is assumed that promises made to Israel in the OT have been transferred to the church--and through the church to society (OT references which are obviously nationalistic or pertain to the land of Palestine are viewed and treated allegorically). Thus, if God has told Israel he will bless their land (Palestine) on the condition of obedience, it follows (given that all promises to Israel have been totally [though not literally] transferred to the church) that Christians can expect their lands, countries, and communities to likewise flourish on condition of obedience. This raises an obvious question: obedienceto what (the [entire] Mosaic Covenant)? Grounding social well being in OT promises (on condition of keeping the Mosaic Law) is quite a different thing from affirming the general principle (grounded in natural law) that to do what is right generally causes a nation to flourish. If FH intends, in general, to promote social good (one aspect of the Kingdom of God) on the basis of the Law of Moses (as in theonomy, or Christian Reconstructionism) it does not say so outright. The teaching in the Samaritan Strategy curriculum, however, certainly renders theonomy a live option.

Analyst Comments [ Back to top ]

MinistryWatch.com’s Take
Revised, March, 2006
By Andy Preslar, Rodney Pitzer and Michael Barrick

Food for the Hungry, Inc. (FH) is one member of a family of international organizations, but works on a local level in order to meet the physical and spiritual needs of the poverty-stricken throughout the world. MinistryWatch.com is able to conclude that FH exhibits a great deal of openness and is able to direct a larger portion of its financial resources directly towards its programs than other ministries. Food for the Hungry has been designated a MinistryWatch.com “Shining Light”
(http://ministrywatch.com/mw2.1/pdf/SL_FoodForHungry.pdf).

Intent
FH is an international organization which exists in order to meet the physical and spiritual needs of the poverty-stricken throughout the world. FH is child-focused, seeking to help children develop their God-given potential. All people, and children especially, are best-equipped to reach their potential, spiritually and physically, when they live in a nurturing environment. FH is therefore, by extension, church and community focused. Churches are encouraged to develop a “holistic” philosophy of ministry (i.e., meeting the needs of the whole person, not just his spiritual needs). FH, in partnership with local churches, also ministers to entire communities by providing food, disaster relief, education, economic and agricultural planning, and a host of other services designed to help build safe, healthy, and prosperous communities across the globe. By so doing, FH intends to be a witness to the love of Christ, to create opportunity for the spread of the Gospel message, and to fulfill every aspect of the Great Commission (Mt. 28:18-20).

Integrity and Scope
FH was founded in 1971 by Dr. Larry Ward. The ministry was headquartered in southern California until Ward moved its offices to Arizona in 1974. FH began its ministry by sending relief to refugees in Bangladesh, earthquake victims in Nicaragua, and the people of Haiti and West Africa. In 1979, FH established a division of ministry called The Hunger Corps, which works to send people to minister in various afflicted regions of the world.

Ward retired in 1984, and Dr. Ted Yamamori took over as president of FH. Yamamori served as president of FH and its partner organization, Food for the Hungry International (FHI) until his retirement in 2001. Benjamin Homan is the current president of FH. Before joining FH, Homan served as vice-president at Covenant Theological Seminary in St. Louis, Missouri. The current president of FHI is Randy Hoag, who served as vice-president of the organization beginning in 1996. Hoag joined FH in 1983 as a volunteer, and worked as its country director in Bolivia from 1987-91.

Food for the Hungry is an international partnership of autonomous agencies. In addition to the U.S. organization are those in Canada, Hong Kong, Japan, Korea, Norway, Singapore, Switzerland, and the United Kingdom. Food for the Hungry, Inc. (the U.S. agency) is related to Food for the Hungry International (FHI) by being the first support entity formed to implement the goals of FHI. This is done by providing support for the programs of FHI. For example, Food for the Hungry, Inc. supports FHI’s Child Development Program by means of its own Sponsor a Child program. The two organizations do, however, have separate and distinct Boards of Directors, and issue separate financial statements. . The international partnership of Food for the Hungry employs some 2,000 staff (80 at the U.S. headquarters), 90 percent of which are nationals working in their country of birth. The U.S. headquarters of FH is located in Phoenix, Ariz. The International Service Center of FHI is located in Bangkok, Thailand.

FH currently has staff and/or ongoing programs in the following countries: AFRICA (D.R. Congo, Ethiopia, Kenya, Morocco, Mozambique, Rwanda, Sudan, Tanzania, and Uganda); ASIA (Bangladesh, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kazakhstan, Kyrgyzstan, Malaysia, Mongolia, Myanmar, Nepal, North Korea, Philippines, Sri Lanka, Korea, Tajikistan, Thailand, Uzbekistan); EUROPE (Sweden, United Kingdom, Switzerland, Romania); LATIN AMERICA (Bolivia, Brazil, Costa Rica, Cuba, Dominican Republic, Guatemala, Haiti, Honduras, Nicaragua, Paraguay, Peru); MIDDLE EAST (Afghanistan, Iran, Iraq); NORTH AMERICA (Canada, Phoenix, AZ, Washington D.C, Gulf Coast Region).

Method
FH implements its purpose for existing (overcoming physical and spiritual hunger) primarily through several programs: Sponsor a Child and the Hunger Corps.

The Sponsor a Child program allows an individual donor to minister to one child in particular. By donating $26.00 a month to FH, a person can, through FH, provide the following services for the child:

  • Child Sponsorship
  • Long-term Hunger Corps missions
  • Short-term mission trips
  • Student Ministries (includes internships, overseas study abroad, and campus ministries)
The Sponsor a Child program allows an individual donor to minister to one child in particular. By donating $28.00 a month to FH, a person can, through FH, provide the following services for the child:
  • Personal visits from FH staff
  • Educational assistance
  • Medical checkups
  • Extra-curricular activities (e.g., Vacation Bible Schools)
  • Child Sponsorship Day and Christmas Party
  • A naturally integrated presentation of the Gospel message
Other specified “sponsorship” programs are in place as well. A donor can, for example, give $48.00 to provide safe drinking water for one month for 10 people.

The Hunger Corps program is set up to encourage people to go overseas and work with FH staff and volunteers in directly combating hunger, sickness, poverty, and other social (as well as spiritual) ills. A Hunger Corps mission can be either a long-term or a short-term position. All applicants for a Hunger Corps position must raise their own support, and must agree with and embody FH’s Corporate Identity. This corporate identity includes:
  • The vision of ending spiritual and physical hunger worldwide
  • The values of the Lordship of Christ, love for the whole person, unity and diversity, integrity and transparency, and justice
  • The “Vision of a Community”
In addition, some (but by no means all) positions require previous training and experience in a particular field. The Hunger Corps volunteers are the arms and legs of FH. One can get a good idea of the diversity of services rendered by FH by simply perusing the long-term positions available in the Hunger Corps. The following is just a sampling:
  • English Tutors
  • Health Workers
  • Civil Engineers
  • Child Development Assistants
  • Communications Officer
  • Water Management Advisor
  • Nutrition Specialist
  • Agriculturist
  • Physical Therapist
  • Spiritual Coordinator
Short-term missions

Food for the Hungry also offers short-term teams trips to many of the communities they work in. This allows churches to send groups of people to respond to certain needs in a community and work on projects which might include digging wells, building, VBS and other church development projects, and water/agricultural projects. Sometimes the experience is so life-changing, churches to decide to Adopt a Community, where FH facilitates a long-term relationship between a church and an impoverished community. Student Ministries

In addition to short-term trips, Food for the Hungry mobilizes college-aged students with several programs, including Go-ED. an accredited overseas study abroad, where students spend a semester both in a classroom and field setting. In addition to Go-ED. FH has recently started an internship program and Campus Ministry, all to mobilize younger people and equip them to advocate for the poor. Through the Child Sponsorship Program and the Hunger Corps, FH is able to provide children with desperately needed services, send relief supplies to countries around the world, respond to man-made and natural disasters, provide communities with solutions to economic problems, address and provide solutions to pressing health issues, stimulate agricultural development, offer skills training, and provide spiritual nourishment through the Gospel.

FH is committed to providing not only short-term relief for pressing problems, but also long-term solutions that create independently thriving communities.

Philosophy of Ministry FH’s philosophy of ministry is summarized in its “Vision of a Community” thesis. The major theme of the “Vision of a Community” is that of “Holistic Ministry.” In such a ministry it is the whole person, body and soul, whom Christians should value and assist. By extension, the local church is to be more than a spiritual conclave for believers. The church, as a “holistic ministry,” is integrated into the life of the community, and ministers to it physically and spiritually. The idea of holistic ministry is a response to the fundamental question: “If we are successful in God’s eyes in the work we do within a community, what does that community look like when we leave?” The answer given by FH, in its “Vision” statement is five-fold:
  • The community will be equipped to progress beyond meeting its basic needs
  • There will be a growing group of Christians within the community, and they will:
  • Love God and one another
  • Manifest the fruit of the Spirit
  • Reach out to serve others
In this vision, the practical and the spiritual come together, as the church begins to operate out of the center of the community, rather than at the edges. The church will minister to believers and unbelievers. By providing for the community’s physical needs, the church will be modeling Christian love, and will be in a unique position to challenge the false beliefs that hold people in bondage. Christian leaders from within the community are to be trained to propagate FH’s philosophy and work, so that when FH leaves the community the progress made in that community will be sustainable. By this method, FH hopes to build strong, self-sustaining communities with the church at the center of social improvements and spiritual development.

Ministry Statement or Response [ Back to top ]

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20082007200620052004
Return on FR Efforts9%4%5%6%7%0%
Fundraising Cost Ratio6%4%5%6%7%0%
Contributions Reliance83%100%99%100%100%0%
Fundraising Expense Ratio6%4%5%6%7%0%
Other Revenue Reliance17%0%1%0%0%0%
Operating RatiosDatabase Average20082007200620052004
Program Expense Ratio81%92%91%89%88%0%
Spending Ratio101%97%103%102%97%0%
Program Output Ratio82%90%94%91%86%0%
Savings Ratio-1%3%-3%-2%3%0%
Reserve Accumulation Rate2%52%-46%-24%32%0%
General & Admin Ratio13%3%4%4%5%0%
Investing RatiosDatabase Average20082007200620052004
Total Asset Turnover2.62x7.7x7.59x4.94x5.43x0x
Degree of L-T Investment3x1.21x1.29x1.2x1.26x0x
Current Asset Turnover4.92x9.3x9.81x5.94x6.82x0x
Age of Assets9.6yr(s)4.8yr(s)4.2yr(s)3.4yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20082007200620052004
Current Ratio117.87x1.89x1.46x1.51x2.55x0x
Current Liabilities Ratio.32x.53x.69x.66x.39x0x
Liquid Reserve Level5.67x.61x.38x.68x1.07x0x
Solvency RatiosDatabase Average20082007200620052004
Liabilities Ratio.23x.46x.57x.6x.41x0x
Debt Ratio.06x0x0x.02x.05x0x
Reserve Coverage Ratio86%6%6%9%10%0%

Financials[ Back to top ]

Balance Sheet
Assets20082007200620052004
Cash$778,000$1,607,000$1,647,000$3,168,000$1,511,000
Receivables, Inventories & Prepaids$7,154,000$5,720,000$8,631,000$3,889,000$2,783,000
Short-Term Investments$5,645,000$1,981,000$2,288,000$2,416,000$2,306,000
Total Current Assets$13,579,000$9,309,000$12,567,000$9,474,000$6,600,000
Long-Term Investments$0$0$0$0$0
Fixed Assets$2,100,000$2,254,000$2,219,000$2,269,000$2,268,000
Other Long-Term Assets$732,000$467,000$322,000$154,000$83,000
Total Long-Term Assets$2,833,000$2,722,000$2,542,000$2,424,000$2,351,000
TOTAL ASSETS$16,412,000$12,032,000$15,109,000$11,898,000$8,952,000
Liabilities20082007200620052004
Payables & Accrued Expenses$7,143,000$4,350,000$7,198,000$2,009,000$1,445,000
Other Current Liabilities$33,000$2,030,000$1,126,000$1,704,000$574,000
Total Current Liabilities$7,177,000$6,380,000$8,324,000$3,714,000$2,020,000
Debt$8,000$21,000$280,000$603,000$734,000
Other Long-Term Liabilities$436,000$478,000$514,000$557,000$588,000
Total Long-Term Liabilities$445,000$500,000$795,000$1,161,000$1,323,000
TOTAL LIABILITIES$7,623,000$6,880,000$9,119,000$4,875,000$3,344,000
Assets20082007200620052004
Unrestricted$4,804,000$982,000$2,169,000$3,390,000$3,026,000
Temporarily Restricted$3,644,000$3,829,000$3,480,000$3,293,000$2,241,000
Permanently Restricted$340,000$340,000$340,000$340,000$340,000
NET ASSETS$8,789,000$5,151,000$5,989,000$7,023,000$5,608,000
Revenue and Expenses
Revenue20082007200620052004
Total Contributions$129,836,000$88,221,000$72,800,000$66,346,000$93,826,000
Program Service Revenue$288,000$218,000$90,000$0$0
Membership Dues$0$0$0$0$0
Investment Income($191,000)$360,000$198,000$269,000$2,736,000
Other Revenue$6,000$5,000$22,000$0$0
Total Other Revenue$103,000$585,000$311,000$269,000$2,736,000
TOTAL REVENUE$129,940,000$88,806,000$73,112,000$66,616,000$96,562,000
Expenses20082007200620052004
Program Services$116,823,000$83,316,000$66,830,000$57,131,000$85,209,000
Management & General$4,086,000$3,525,000$3,150,000$3,009,000$2,699,000
Fundraising$5,392,000$4,528,000$4,719,000$4,480,000$3,798,000
TOTAL EXPENSES$126,302,000$91,371,000$74,700,000$64,621,000$91,707,000
Change in Net Assets20082007200620052004
SURPLUS (DEFICIT)$3,637,000($2,564,000)($1,588,000)$1,995,000$4,855,000
Other Changes in Net Assets$0$1,726,000$555,000($579,000)($1,701,000)
TOTAL CHANGE IN NET ASSETS$3,637,000($838,000)($1,033,000)$1,415,000$3,154,000

Functional Expenses [ Back to top ]

Funding Ratios20082007200620052004
Grants & Allocations$109,245,000$75,113,000$59,498,000$52,214,000$81,190,000
Specific Assistance to Individuals$0$0$0$0$0
Benefits Paid To or For Members$0$0$0$0$0
Compensation of Officers, Directors$825,000$769,000$607,000$584,000$520,000
Other Salaries, Wages$6,648,000$6,260,000$5,494,000$4,337,000$3,629,000
Pension Plan Contributions$210,000$193,000$172,000$147,000$137,000
Other Employee Benefits$1,087,000$1,112,000$1,007,000$710,000$615,000
Payroll Taxes$483,000$461,000$401,000$326,000$269,000
Professional Fundraising Fees$1,005,000$1,631,000$519,000$745,000$614,000
Accounting Fees$72,000$68,000$53,000$48,000$36,000
Legal Fees$9,000$15,000$65,000$27,000$20,000
Supplies$293,000$414,000$350,000$264,000$232,000
Telephone$73,000$82,000$74,000$109,000$83,000
Postage & Shipping$157,000$170,000$159,000$132,000$147,000
Occupancy$263,000$253,000$250,000$185,000$166,000
Equipment Rental & Maintenance$350,000$221,000$195,000$146,000$212,000
Printing & Publications$159,000$203,000$162,000$151,000$108,000
Travel$1,233,000$1,539,000$1,220,000$788,000$506,000
Conferences, Conventions & Meetings$68,000$68,000$80,000$92,000$44,000
Interest$5,000$14,000$41,000$47,000$82,000
Depreciation, Depletion etc.$264,000$260,000$273,000$238,000$215,000
Other Expenses$3,843,000$2,515,000$4,071,000$3,323,000$2,872,000
Total Functional Expenses$126,302,000$91,371,000$74,700,000$64,621,000$91,707,000