Caring for Cambodia (CFC) reports that it educates the whole child, provides the supplies needed to attend school, and gives its students the tools for success in life after school. Through this approach, the organization aims to change the lives of its students, their families, and even the surrounding communities. In addition to its teacher training program, CFC provides its students with clean water, two nutritious meals a day, school uniforms, personal hygiene supplies, and bicycles in order to get to school. CFC also gives village residents the necessary tools to change behaviors that contribute to disease and poverty.
For the year ended December 31, 2019, Caring for Cambodia's program expenses were:
Program services |
$769,656 |
Total Program Expenses: |
$769,656 |
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Chief Executive
Jamie Amelio, Chief Executive Officer
-
Compensation*
$0
-
Chair of the Board
William Amelio
-
Chair's Profession / Business Affiliation
Chief Executive Officer, Avnet
-
Board Size
10
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Paid Staff Size
0
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. Note: CFC reports that Jamie Amelio does not receive any compensation as CEO. According to the organization's IRS Form 990 for the year ending December 31, 2019, Lori Soenksen, Director of Finance, was the highest paid employeee and received compensation of $55,833.
Method(s) Used:
Grant proposals, Internet, Invitations to fund raising events, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 68% of related contributions. (Related contributions, which totaled $181,803, 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 Caring for Cambodia's audited financial statements for the year ended December 31, 2019.
Source of Funds |
Contributions |
$691,683 |
Special events |
$181,803 |
In-kind donations |
$140,203 |
Realized and unrealized gains |
$49,454 |
Interest and dividend income, net |
$12,248 |
Fee for service |
$4,561 |
Miscellaneous |
$1,095 |
Total Income |
$1,081,047 |
- Programs: 75%
- Administrative: 14%
- Fundraising: 11%
Total Income |
$1,081,047 |
Program expenses |
$769,656 |
Fundraising expenses |
$124,386 |
Administrative expenses |
$146,009 |
Other expenses |
$0 |
Total expenses: |
$1,040,051 |
Income in Excess of Expenses |
$40,996 |
Beginning Net Assets |
$1,821,842 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$1,862,838 |
Total Liabilities |
$0 |
Total Assets |
$1,862,838 |
Note: According to CFC's audited financial statements for the year ended December 31, 2019, the organization received in-kind contributions totaling $140,203 in the form of impact and program studies, research and support, student supplies, uniforms, event auction items, utility services, and inventory items.