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Another Child Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273219984 ✦ Lafayette, LA ✦ Designated as a 501(c)(3)

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Overview

What is Another Child Foundation?

Another Child Foundation is a nonprofit organization based in Lafayette, Louisiana, with a mission to enrich the lives of at-risk children, particularly orphans, in Romania. They achieve this by collaborating with Fundatia Buckner Romania and other underprivileged countries' local child support agencies. By operating a child development center, they provide essential life skills and educational resources to these children, aiming to improve their overall well-being. As of the provided information, the foundation has a team of three dedicated individuals working towards this cause.


Official website here: www.anotherchild.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars (73%).

The Another Child Foundation has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement within the organization. While the charity excels in accountability and finance with a program expense ratio of 91.74% and a perfect score for its liabilities to assets ratio, it falls short in governance practices. Specifically, the organization lacks a whistleblower policy and has not documented retention and destruction procedures, both of which are critical for transparency and accountability.

The foundation features a fully independent board, which is a significant strength, as it shows a commitment to ethical governance. All board members are independent, and the organization has scored well in terms of conflict of interest policy and board meeting minute documentation. However, the absence of comprehensive policies for whistleblower protection and document retention represents gaps in governance practices that could harm its credibility and operational integrity.

Overall, while the Another Child Foundation demonstrates a strong commitment to programmatic spending and has a well-structured board, it must address its governance deficiencies to enhance its overall performance and trustworthiness as a nonprofit organization. Without improvements in these areas, it may struggle to foster greater donor confidence and long-term sustainability.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Another Child Foundation?

100% of 8 reviewers on Facebook recommend Another Child Foundation. Here is a summary of their reviews:

Participants express a deep appreciation for the mission trips organized by the foundation, highlighting the positive experiences and impact of their work. The reviews convey admiration for the people involved and their dedication to the cause, which suggests a strong alignment with the nonprofit’s objectives.

Overall, it appears that individuals involved with Another Child Foundation feel fulfilled and inspired by their experiences, indicating the organization successfully fosters a sense of community and purpose among its supporters.


This AI summary has been generated from reviews found on Facebook.

Is Another Child Foundation legitimate?

Another Child Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Another Child Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $75,156
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,997

For more financial information, click here


Official website here: www.anotherchild.org

What is the mission statement of Another Child Foundation?

The Another Child Foundation is committed to enriching the lives of orphaned and at-risk children in various underprivileged countries, including Romania. They achieve this mission by collaborating with local child support agencies in these nations. The foundation's work involves providing essential life skills and educational support, as demonstrated through their operation of a child development center in Romania, in partnership with Fundatia Buckner Romania. The mission of Another Child Foundation is to positively impact and transform the lives of these vulnerable children, offering them opportunities for a better future.


Official website here: www.anotherchild.org

Who is the CEO of Another Child Foundation?

Tim Oloffson is the Executive Director of Another Child Foundation.


Official website here: www.anotherchild.org

What is the revenue of Another Child Foundation?

Another Child Foundation's revenue in 2022 was $664,694.


Official website here: www.anotherchild.org

Who are the executives of Another Child Foundation and what are their salaries?

The average compensation at Another Child Foundation during 2022 was $37,384. There are 3 employees and 45 volunteers at Another Child Foundation.


Here are 5 key members and their salaries:


Tim Oloffson (Executive Director)
  • Compensation: $75,156
  • Related: $0
  • Other: $0
John Frank Reeve (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Oloffson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Huettel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Larson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.anotherchild.org

Where can I find the form 990 for Another Child Foundation?

Another Child Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.anotherchild.org

Learn more at the official website: www.anotherchild.org

Mission Statement of Another Child Foundation

Another Child Foundation, a charitable organization, is dedicated to making a significant impact in the lives of orphaned and at-risk children in various underprivileged countries. They achieve this mission by collaborating with local child support agencies in these target nations. The primary objective of Another Child Foundation is to provide these children with essential life skills and educational support. In Romania, they have partnered with Fundatia Buckner Romania to operate a child development center that caters to at-risk children. Through their partnerships and initiatives, Another Child Foundation works tirelessly to transform the lives of these children, offering them the opportunity to lead fulfilling and productive lives.

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Impact




July, 2024

Another Child Foundation's impact is profound in reaching, teaching, and transforming the lives of orphaned and at-risk children in Romania and other underprivileged countries worldwide. Through partnerships with local agencies, particularly Fundatia Buckner Romania, the foundation operates a child development center in Romania, providing essential life skills and educational support to those in need. By focusing on empowering children through education and support, Another Child Foundation is making a significant difference in the lives of vulnerable youth, ultimately giving them a brighter future.




This information is meant to be a general summary of Another Child Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$664,694 (2022)
Expenses
$617,420 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $664,694

Assets and Liabilities:

  • Total Assets: $118,231
  • Total Liabilities: $0
  • Net Assets: $118,231

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Organization Details

Founding Year

2010

Principal Officer

Tim Oloffson

Main Address

1002 Gaddy Lane, LAFAYETTE, LA, 705017816

NTEE Category

Code: P30 - Human services

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