Matsiko Children International
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
Matsiko Children International meets the 20 Standards for Charity Accountability.
Child Sponsorship
MCI reports that its sponsorship program costs $40 per month, with funds covering school fees, books, and supplies for sponsored children. In addition, an advocate will be provided for a sponsored child who ensures that the child is receiving education, food, and medical care. Sponsorship funds are also used for personalized lessons, tutoring, art classes, leadership training, and choir programs. MCI states that sponsors will receive a packet of information about the organization, as well as a biography and picture of the sponsored child. Sponsors may correspond with their sponsored child and may choose to go on a service trip to visit their sponsored child in the child's home country (sponsorship fees do not cover travel expenses).
Stated Purpose:
"to transform the lives of our world’s most vulnerable children through a complete education which helps them grow in wisdom, character, and opportunity."
Year, State Incorporated:
2004, WA
Also Known As:
International Children's Network
Matsiko Children International (MCI) reports that it provides financial scholarships through university or vocational schooling for children in need so that they may be on equal footing with other children within their countries. The organization states that it also assists with medical, food, and clothing needs. MCI's choir program, Matsiko World Orphan Choir, is made up of sponsored children from Liberia, Peru, India, and Nepal, and perform for audiences annually.
For the year ended December 31, 2022, Matsiko Children International's program expenses were:
| Program services | $984,693 |
| Total Program Expenses | $984,693 |
Chief Executive
Don Windham, President
Compensation*
$64,800
Chair of the Board
Bob Regan
Chair's Profession / Business Affiliation
Retired
Board Size
5
Paid Staff Size
9
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Internet, Direct mail appeals, Radio
Fundraising costs were 15% of related contributions. (Related contributions, which totaled $1,068,522, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Matsiko Children International's audited financial statements for the year ended December 31, 2022.
Source of Funds
| Investment income | $23 |
| Special events, net | $204,520 |
| Contributions | $864,002 |
| Total Income | $1,068,545 |
Programs: 77% Fundraising: 13% Administrative: 10%
| Total Income | $1,068,545 |
| Total expenses: | $1,283,457 |
| Program expenses | $984,693 |
| Fundraising expenses | $164,473 |
| Administrative expenses | $134,291 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-214,912 |
| Beginning Net Assets | $868,084 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $653,172 |
| Total Liabilities | $70,761 |
| Total Assets | $723,933 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
-
Meets Standards
-
Standards Not Met
-
Did Not Disclose
-
Review in Progress
-
Unable to Verify
Report completed by:
BBB Wise Giving Alliance