Overview
What is Children Of Promise Inc?
Children of Promise Inc is a nonprofit organization based in Anderson, Indiana. Their mission is to provide nutrition education and essential healthcare services to underprivileged children in developing nations. They offer food assistance, either as monthly staple goods or hot meals at school, along with financial aid for school fees, uniforms, and supplies. Additionally, they provide medical treatments, doctor's visits, hygiene items, and dental care. In the recent fiscal year ending June 30, 2023, they have extended their support to approximately 4500 children across 30 countries. Notably, they launched a new program in Zimbabwe during this period. With a workforce of eight dedicated individuals, Children of Promise Inc strives to improve the well-being of children in need worldwide.
Official website here: www.childrenofpromise.global
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Children Of Promise Inc has earned a commendable Four-Star rating from Charity Navigator, signifying a high level of accountability and financial health. With a score of 95% in Accountability & Finance, the organization demonstrates transparency and responsible management of its resources, indicating strong governance practices and adherence to ethical standards.
The organization boasts an entirely independent board, underscoring its commitment to unbiased oversight. Its financial practices are robust, evidenced by an impressive program expense ratio of 84.66%, meaning that a significant portion of its funds directly support its mission. Additionally, the charity's fundraising efficiency is notable, with only $0.08 spent to raise each dollar, reflecting effective fundraising strategies.
While the rating is strong, the working capital ratio of 0.41 years may suggest some limitations in short-term financial stability, indicating potential challenges in meeting immediate financial obligations. Overall, Children Of Promise Inc stands out for its exemplary governance and financial practices, making it a reliable choice for donors looking to support a well-managed charity.
This AI summary has been generated from information found on Charity Navigator.
Is Children Of Promise Inc legitimate?
Children Of Promise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children Of Promise Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $337,298
For more financial information, click here
Official website here: www.childrenofpromise.global
What is the mission statement of Children Of Promise Inc?
Children's organization, Children of Promise Inc., focuses on providing nutritional education and healthcare services to underprivileged children residing in developing nations. Their mission is to enhance the well-being of these children through various means. They offer food assistance, providing staple goods or cooked meals at schools. Furthermore, they help cover school expenses such as fees, uniforms, and supplies. Additionally, Children of Promise Inc. provides essential healthcare services, including immunizations, doctor's visits, hygiene items, medical treatment, and dental care. During the fiscal year ending in June 2023, they extended their care to approximately 4500 children across 30 countries. This year, they also initiated a new program in Zimbabwe.
Official website here: www.childrenofpromise.global
Who is the CEO of Children Of Promise Inc?
Unavailable
Official website here: www.childrenofpromise.global
What is the revenue of Children Of Promise Inc?
Children Of Promise Inc's revenue in 2023 was $2,443,727.
Official website here: www.childrenofpromise.global
Who are the executives of Children Of Promise Inc and what are their salaries?
The average compensation at Children Of Promise Inc during 2023 was $42,162. There are 8 employees and 7 volunteers at Children Of Promise Inc.
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Official website here: www.childrenofpromise.global
Where can I find the form 990 for Children Of Promise Inc?
Children Of Promise Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.childrenofpromise.global
Learn more at the official website: www.childrenofpromise.global
Mission Statement of Children Of Promise Inc
Children of Promise, a nonprofit organization, is committed to improving the health and nutrition of children in need residing in developing nations. Their mission is multifaceted, encompassing the provision of nutrition education and essential healthcare services. Through this initiative, they aim to empower these children, providing them with food assistance in the form of staple goods or hot meals at school. Additional support includes helping children pay for school fees, purchasing uniforms, school supplies, and books.
Beyond education, Children of Promise extends its reach into the realm of healthcare. Their services encompass regular medical check-ups, doctor's visits, and the distribution of hygiene items. For those in need of more specialized care, the organization offers medical treatment and dental services. In the fiscal year ending on June 30, 2023, approximately 4500 children across 30 different countries have benefited from these services. As a testament to their dedication, Children of Promise introduced a new program in Zimbabwe during this period, further expanding their impact in developing nations.
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Impact
October, 2024
Children of Promise Inc. significantly impacts the lives of children in need across developing nations by providing essential nutrition education and healthcare services. With an outreach to approximately 4,500 children in 30 countries during the fiscal year ending June 30, 2023, the organization addresses critical health and educational barriers faced by vulnerable populations.
Through initiatives that include monthly food assistance, children receive staple goods and hot cooked meals at school, ensuring they have the nutrition necessary for their growth and learning. Additionally, the organization supports educational success by assisting with school fees, uniforms, supplies, and books, enabling children to attend school and pursue their education.
Healthcare services are equally vital, encompassing vaccinations, doctor's visits, hygiene items, medical treatments, and dental care, which contribute to the overall well-being of these children. Recently, a new program was launched in Zimbabwe, expanding the reach and impact of these crucial services. Overall, Children of Promise Inc. plays a transformative role in fostering healthier, more educated futures for children in some of the world's most underserved communities.
This information is meant to be a general summary of Children Of Promise Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $27,754
- Gross Receipts: $2,443,727
Assets and Liabilities:
- Total Assets: $1,106,232
- Total Liabilities: $168,542
- Net Assets: $937,690
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Organization Details
Founding Year
2002
Phone
(765) 648-2190Main Address
PO BOX 2316, ANDERSON, IN, 460182316
Website
www.childrenofpromise.globalNTEE Category
Code: P20 - Human services
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