Holt International Children's Services
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Holt International Children's Services meets the 20 Standards for Charity Accountability.
Child Sponsorship
HICS reports that for $43 per month, a child is sponsored and matched, one-to-one, with an advocate who regularly meets with the child and their family or caregivers to create a long-term plan for stability and ensure their needs are met. Sposnorship funds help the sponsored child's whole family by providing job skills training, microloans to start small businesses, livestock, and other resources to generate income. Education, family reunification, nutrition, healthcare, and foster care are other areas that are addressed by the sponsorship program.
Stated Purpose:
"to express God's compassion for children through adoption."
Year, State Incorporated:
1971, OR
Holt International Children's Services (Holt) is a Christian organization that provides care and support to many of the world’s most vulnerable children — those who are orphaned, abandoned or at serious risk of separation from their family. The organization works in local communities around the world, and strives to keep children in their families of birth by providing the care and support they need to grow and thrive as a family. For children who do not remain with their birth families, Holt help find loving families through adoption, foster and kinship care. Some ($1,036,125 or 5%) of Holt's programs are conducted in conjunction with informational materials that include fundraising appeals.
For the year ended September 30, 2022, Holt International Children's Services's program expenses were:
Program and support: $22,302,233
Total Program Expenses: $22,302,233
Chief Executive
Dan Smith, President and Chief Executive Officer
Compensation*
$166,721
Chair of the Board
Derek Parker
Chair's Profession / Business Affiliation
Business Owner
Board Size
11
Paid Staff Size
125
*2021 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: Mr. Smith was recently promoted to President and Chief Executive Officer. The former President and Chief Executive Officer, Phillip Littleton, was the highest compensated employee in 2021, making $227,913.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Telemarketing, Foundation grants
HICS incurred joint costs of $3,125,198 for informational materials and activities that included fundraising materials. Of those costs, $2,089,073 was allocated to fundraising expenses and $1,036,125 was allocated to program expenses.
Fundraising costs were 24% of related contributions. (Related contributions, which totaled $21,964,385, 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 Holt International Children's Services's audited financial statements for the year ended September 30, 2022.
Source of Funds
| Sponsorships | $16,522,400 |
| Other contributions | $5,012,025 |
| Grants | $429,960 |
| Adoption fees, net | $5,595,514 |
| Investment income, net | $143,558 |
| Other revenue | $140,787 |
| Gain on sales of property and equipment | $160,830 |
| Unrealized and realized loss on investments, net | $-2,046,470 |
| Total Income | $25,958,604 |
Programs: 74% Fundraising: 17% Administrative: 8%
| Total Income | $25,958,604 |
| Total expenses: | $30,081,569 |
| Program expenses | $22,302,233 |
| Fundraising expenses | $5,233,599 |
| Administrative expenses | $2,545,737 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-4,122,965 |
| Beginning Net Assets | $18,868,166 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $14,745,201 |
| Total Liabilities | $3,964,405 |
| Total Assets | $18,709,606 |
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.
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Standards Not Met
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Review in Progress
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Report completed by:
BBB Wise Giving Alliance