Children Of The Promise
- Assets
- $1.3m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 11
- Location
- Willmar, MN
- Founding
- 03/1998
- Data as of
- 12/2021
- EIN
- 41-1896481
Organization Overview
Children Of The Promise is located in Willmar, MN. The organization was established in 1998. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Children Of The Promise employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Children Of The Promise is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Children Of The Promise generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR CHRIST-CENTERED MISSION IS TO PROVIDE EXCELLENT PHYSICAL, SPIRITUAL, EMOTIONAL, EDUCATIONAL & ECONOMIC CARE FOR AT-RISK CHILDREN AND FAMILIES IN HAITI, EMPOWERING THE MOST VULNERABLE AND DISADVANTAGED. OUR VISION: A HEALTHY CHRISTIAN HOME AND FAMILY FOR EVERY HAITIAN CHILD. JOY: RELYING ON JOY TO SUSTAIN AND ENCOURAGE OUR WORK. JOY SPRINGS FROM THE LOVE AND HOPE WE FIND IN CHRIST. FAMILY: DESIRING FOR EVERY CHILD TO DEVELOP WITHIN A LOVING, CHRIST- CENTERED FAMILY. HEALTH: VIEWING SPIRITUAL, PHYSICAL, EMOTIONAL, & ECONOMIC WELL-BEING INTERTWINED TO FORM A PERSON'S COMPLETE HEALTH. VALUE: CARING FOR ALL PEOPLE AS IMAGE-BEARERS OF GOD THEIR CREATOR. STEWARDSHIP: SERVING GOD WELL WITH OUR FINANCES MEANS PROPER MONEY MANAGEMENT AND RELIANCE ON GOD TO SUPPLY OUR NEEDS. RELATIONSHIP: BUILDING COMMUNITY WITH GOVERNING BODIES, LOCAL CHURCHES, NEIGHBORS, COWORKERS AND OTHER ORGANIZATIONS IS CORE TO CARRYING OUT GOD' S MISSION. DISCIPLESHIP: EQUIPPING AND ENCOURAGING INDIVIDUALS TO REACH THE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RELIEF SUPPLIES ALONG WITH HOUSING, EDUCATION AND CARE TO CHILDREN AND FAMILIES IN HAITI - MAINTAIN AN ORPHANAGE FOR DISPLACED CHILDREN
PROVIDE LOVING HOMES FOR ORPHANS AND OTHER NEEDY CHILDREN AND ADOPTION ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Groen Executive Di | Officer | 40 | $56,664 |
Marcia Roorda Finance Dire | Officer | 40 | $32,400 |
Kurt Steensma Vice Preside | OfficerTrustee | 1 | $0 |
Jay Tebrake Treasurer | OfficerTrustee | 1 | $0 |
Sara Vanzee President | OfficerTrustee | 1 | $0 |
Clarence Wassink Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $79,911 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,079,201 |
| Noncash contributions included in lines 1a–1f | $95,759 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,159,112 |
| Total Program Service Revenue | $80,864 |
| Investment income | $127 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,240,203 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $98,282 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $89,064 |
| Compensation of current officers, directors, key employees. | $89,064 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $502,439 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,222 |
| Payroll taxes | $32,011 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,631 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,739 |
| Advertising and promotion | $12,684 |
| Office expenses | $15,782 |
| Information technology | $5,784 |
| Royalties | $0 |
| Occupancy | $46,874 |
| Travel | $39,002 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $77,987 |
| Insurance | $475 |
| All other expenses | $0 |
| Total functional expenses | $1,305,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $446,138 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $44,878 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $827,039 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,318,055 |
| Accounts payable and accrued expenses | $37,008 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $37,008 |
| Net assets without donor restrictions | $1,273,317 |
| Net assets with donor restrictions | $7,730 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,318,055 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Children Of The Promise has recieved totaling $598,029.
| Awarding Organization | Amount |
|---|---|
Matthew 25 Ministries Inc Cincinnati, OH PURPOSE: Humanitarian Aid | $309,622 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $262,715 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $15,000 |
American Endowment Foundation Hudson, OH PURPOSE: HUMAN SERVICE | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $592 |
Lumen Clarke M Williams Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Relief Agency For The Horn Of Africa Araha Columbia Heights, MN | $1,563,044 | $5,680,724 |
Partners In Food Solutions Minneapolis, MN | $6,630,359 | $3,742,547 |
Childrens Shelter Of Cebu Shoreview, MN | $4,022,401 | $2,605,054 |
Alimenta La Solidaridad Inc Madison, WI | $589,785 | $2,393,623 |
International Association For Refugees Minneapolis, MN | $1,103,297 | $2,184,072 |
Arrive Ministries Minneapolis, MN | $1,605,784 | $2,579,150 |
Gods Child Project Golden Valley, MN | $2,857,798 | $2,322,486 |
Potters House Association Internationl Inc Pewaukee, WI | $198,362 | $1,642,419 |
Gospel To Haiti Inc Reedsburg, WI | $906,868 | $1,622,429 |
Haiti Teen Challenge Minneapolis, MN | $1,003,985 | $1,530,233 |
Children Of The Promise Willmar, MN | $1,318,055 | $1,240,203 |
Chalice Of Mercy Inc Fairchild, WI | $603,934 | $1,390,974 |