Overview
What is Children At Heart Foundation Inc?
The Children At Heart Foundation Inc, based in Round Rock, Texas, serves as a financial backbone for a group of nonprofit organizations. These ministries, including Children At Heart Ministries, Texas Baptist Children's Home, Miracle Farm, and Gracewood, focus on supporting and healing vulnerable children and families. By managing endowed funds and distributing operational grants, the Children At Heart Foundation ensures these organizations maintain financial stability, enabling them to continue their essential work in providing hope and structure for those in need.
What are the reviews and ratings of this charity?
Charity Navigator rating: 95% (Four-Star out of Four Stars)
Children At Heart Foundation Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its excellent performance in accountability and finance. The charity's overall score is driven entirely by a high accountability and finance score of 95%, indicating robust financial management practices and transparency. The organization has demonstrated a commitment to maintaining a majority independent board, effective oversight, and a range of best practices in governance.
The strengths of Children At Heart Foundation include its high program expense ratio of 97.55%, which suggests that a significant portion of its resources is dedicated to its mission-related activities. Additionally, the charity exhibits strong fundraising efficiency, with an impressively low cost of fundraising at $0.002, ensuring that donations are effectively converted into programmatic support. The organization also has a solid working capital ratio, indicating strong financial health and sustainability.
While the data reviewed highlights significant organizational strengths, there are no reported limitations or concerns related to governance or financial practices. The charity's established policies, such as conflict of interest and whistleblower protections, further support its credibility and operational integrity, ensuring confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Children At Heart Foundation Inc legitimate?
Children At Heart Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children At Heart Foundation 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Children At Heart Foundation Inc?
The Children At Heart Foundation Inc plays a crucial role in ensuring the long-term financial stability of a family of nonprofit ministries. This foundation manages endowed funds and distributes operational grants to support these charities in their mission to transform the lives of vulnerable children and families. By providing these organizations with the necessary financial resources, they can continue to offer hope, healing, and structure to those in need. The ministries under the Children At Heart Foundation's care are dedicated to making a difference in the lives of the most vulnerable, helping them get back on track and find hope for a better future.
Who is the CEO of Children At Heart Foundation Inc?
Todd Roberson is the Chairman & Trustee of Children At Heart Foundation Inc.
What is the revenue of Children At Heart Foundation Inc?
Children At Heart Foundation Inc's revenue in 2022 was $17,432,136.
Who are the executives of Children At Heart Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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- Related: $228,480
- Other: $43,626
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- Related: $200,174
- Other: $43,388
Where can I find the form 990 for Children At Heart Foundation Inc?
Children At Heart Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Children At Heart Foundation Inc
The Children At Heart Foundation (CAHF) plays a crucial role in ensuring the long-term financial stability of a family of nonprofit ministries. These organizations, including Children At Heart Ministries, Texas Baptist Children's Home, Miracle Farm, and Gracewood, are dedicated to transforming the lives of vulnerable children and families. CAHF achieves this by managing endowed funds and distributing operational grants to these ministries.
By managing endowed funds, CAHF provides a stable financial base for the nonprofits to carry out their mission. This support allows the ministries to focus on their core mission of providing children and families with the necessary structures and resources to find hope, heal, and get their lives back on track. The distribution of operational grants ensures that the nonprofits have the necessary resources to meet the needs of the communities they serve.
Children At Heart Foundation's mission is not only about financial stability but also about making a positive impact on the lives of those in need. The nonprofits under its umbrella are committed to addressing the unique challenges faced by vulnerable children and families. Through their various programs and services, these organizations strive to provide a safe and nurturing environment for children, help families overcome adversity, and offer support and resources for healing and growth.
CAHF's role in managing the financial affairs of these nonprofits enables them to focus on their mission and make a difference in the lives of those they serve. The foundation's commitment to long-term financial stability not only benefits the organizations but also the communities they serve and the children and families they help.
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Impact
October, 2024
Children At Heart Foundation Inc plays a crucial role in transforming the lives of vulnerable children and families through the management of endowed funds and the distribution of operational grants. By ensuring the long-term financial stability of various ministries—including Children At Heart Ministries, Texas Baptist Children's Home, Miracle Farm, and Gracewood—this organization provides essential support to address the needs of those in challenging circumstances.
The impact of Children At Heart Foundation Inc is profound, empowering ministries that offer structured environments where individuals can find hope and healing. Through their efforts, they enable these ministries to focus on delivering comprehensive care, education, and support, helping families to rebuild their lives and foster brighter futures. The foundation's commitment to financial sustainability not only secures the immediate operational needs of these ministries but also cultivates a lasting infrastructure for ongoing assistance, ultimately leading to transformative outcomes for the communities they serve.
This information is meant to be a general summary of Children At Heart Foundation 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 2022.
- Investment Income: $10,043,969
- Gross Receipts: $22,116,842
Assets and Liabilities:
- Total Assets: $127,346,785
- Total Liabilities: $2,913,294
- Net Assets: $124,433,491
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Organization Details
Founding Year
2001
Phone
(512) 255-3668Principal Officer
Todd Roberson
Main Address
1301 NORTH MAYS, ROUND ROCK, TX, 78664
NTEE Category
Code: B99 - Education
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