Overview
What is Children's Home Foundation?
Children's Home Foundation is a nonprofit organization based in Sioux Falls, South Dakota. Their primary mission is to provide financial support for the initiatives of Children's Home Society of South Dakota. During the fiscal year ending June 30, 2022, the Foundation contributed $3,299,672 in cash and kind to Children's Home Society. Additionally, $23,928 were donated to Sanford's Child Advocacy Center and Child's Voice. Children's Home Society offers various services, focusing on children aged 4 to 14, mainly those who have experienced extreme abuse or neglect. Their programs include emergency shelter, forensic interviews, residential treatment, education, pregnancy and early childhood nursing care, early prevention training, foster care, and adoption services. The Foundation's contribution plays a crucial role in ensuring these essential services continue to benefit children in need.
Official website here: www.chssd.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator rating: 98%, Four-Star out of Four Star rating.
Children's Home Foundation has achieved an impressive score of 98%, highlighting its strong commitment to accountability and finance. This high rating is solely based on the Accountability & Finance category, indicating the organization's effective management of resources and adherence to best practices in governance. The foundation boasts a fully independent board with 100% of its members being independent, ensuring transparency and integrity in decision-making.
The foundation's financial health is evidenced by its low liabilities to assets ratio of just 3.13%, showcasing a solid balance sheet. With a program expense ratio of 77.93%, the majority of its funds are directed toward programs that benefit the community. Additionally, the organization demonstrates efficient fundraising practices, with a fundraising efficiency ratio of $0.24, indicating that it raises significant funds while keeping costs relatively low.
While the overall ratings are highly favorable, some minor areas for improvement include the fundraising efficiency ratio which, although solid, could potentially be enhanced to further maximize the resources allocated towards its mission. Nonetheless, the Children's Home Foundation exemplifies strong nonprofit governance and effective financial management, making it a trustworthy organization for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Home Foundation legitimate?
Children's Home Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Home 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: $242,522
Professional Fundraising Fees: $0
Other Salaries and Wages: $337,593
For more financial information, click here
Official website here: www.chssd.org/foundation
What is the mission statement of Children's Home Foundation?
The Children's Home Foundation supports the initiatives of Children's Home Society of South Dakota by providing essential funding. The primary focus of Children's Home Society is to offer services to children between the ages of 4 and 14, who have experienced severe abuse or neglect. The organization's programs encompass various aspects of care, including emergency shelter, forensic interviews, residential treatment, education, pregnancy and early childhood nursing care, early prevention training, foster care, and adoption services. By funding these programs, the Children's Home Foundation enables Children's Home Society to provide critical assistance to vulnerable children in need.
Official website here: www.chssd.org/foundation
Who is the CEO of Children's Home Foundation?
Jon Mammenga is the President of Children's Home Foundation.
Official website here: www.chssd.org/foundation
What is the revenue of Children's Home Foundation?
Children's Home Foundation's revenue in 2022 was $14,349,300.
Official website here: www.chssd.org/foundation
Who are the executives of Children's Home Foundation and what are their salaries?
The average compensation at Children's Home Foundation during 2022 was $64,457. There are 9 employees and 150 volunteers at Children's Home Foundation.
Here are 21 key members and their salaries:
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- Compensation: $248,986
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- Other: $43,289
Official website here: www.chssd.org/foundation
Where can I find the form 990 for Children's Home Foundation?
Children's Home Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chssd.org/foundation
Learn more at the official website: www.chssd.org/foundation
Mission Statement of Children's Home Foundation
Children's Home Foundation is a philanthropic organization dedicated to supporting the initiatives of Children's Home Society of South Dakota. The Foundation's primary objective is to raise funds for the various programs of Children's Home Society, an institution that focuses on serving children between the ages of 4 and 14, many of whom have been victims of extreme abuse or neglect.
The mission of Children's Home Foundation is multifaceted. It seeks to ensure that Children's Home Society has the necessary resources to carry out its vital work. Children's Home Society offers a range of services, including emergency shelter, forensic interviews, residential treatment, education, pregnancy and early childhood nursing care, early prevention training, foster care, and adoption services. Each of these programs plays a crucial role in providing children with the care and support they need to heal and thrive.
Children's Home Foundation's unwavering commitment to Children's Home Society's mission is evident in its dedication to funding these essential programs. By generating financial resources, the Foundation enables Children's Home Society to continue its mission of helping children overcome the challenges they face and providing them with the tools they need to build a brighter future. In doing so, Children's Home Foundation plays a vital role in ensuring that vulnerable children in South Dakota receive the care and support they need to grow and flourish.
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Impact
October, 2024
Children's Home Foundation significantly impacts the lives of vulnerable children in South Dakota, primarily focusing on those aged 4-14 who have experienced extreme abuse or neglect. By financially supporting the programs of Children's Home Society of South Dakota, the Foundation played a crucial role in ensuring that essential services are available to these children.
During the fiscal year ending June 30, 2022, Children's Home Foundation contributed over $3.29 million in cash and in-kind donations, demonstrating a robust commitment to enhancing the welfare of at-risk children. These funds support a variety of critical programs, including emergency shelter, residential treatment, educational support, and specialized healthcare services like pregnancy and early childhood nursing care.
Additionally, the Foundation provided contributions to Sanford's Child Advocacy Center, underlining its dedication to a collaborative approach in creating safe environments for children. Through its focused funding, Children's Home Foundation not only aids in immediate needs but also promotes long-term healing and development for children facing significant challenges, ultimately striving to improve their future prospects.
This information is meant to be a general summary of Children's Home 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,601,944
- Gross Receipts: $57,755,763
Assets and Liabilities:
- Total Assets: $149,690,090
- Total Liabilities: $5,403,218
- Net Assets: $144,286,872
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Organization Details
Founding Year
1982
Phone
(605) 334-6004Principal Officer
Jon Mammenga
Main Address
PO BOX 1749, SIOUX FALLS, SD, 571011749
Website
www.chssd.org/foundationNTEE Category
Code: P730 - Human services
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