Better Business Bureau Report for
Mission Honduras

Better Business Bureau Report issued April 2011
Better Business Bureau Report expires April 2013


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Mission Honduras
Address: P.O. Box 56007
  Chicago, IL 60656-0007
Phone: 773-631-2916
Web Address: www.missionhonduras.com
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Better Business Bureau Comments

Year, State Incorporated: 1970, Wisconsin
Affiliates: None
Stated Purpose: Mission Honduras International is dedicated to the ministry of self-help for poor children in developing nations through education that is rooted in Catholic values. We focus on educating the whole person through a strong Catholic catechetical, moral, and spiritual approach so that education will be used for the benefit of family and community. We strive to be a source of hope for the poor.

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Evaluation Conclusions

               

Mission Honduras does not meet the following Standard for Charity Accountability.

Standard 16: Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

Mission Honduras does not meet this standard because:

  • The organization states it does not have an annual report covering activities conducted in the past year.
Mission Honduras meets the remaining 19 Standards for Charity Accountability.
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Programs

               

Mission Honduras International currently services over 340 needy children in Liberia West Africa, enabling them to obtain the opportunity of getting an education from primary through college graduation. The Mission has constructed and operates a grade school, junior high school, an orphanage / boys town and girls town, and vocational programs, as well as provides high school and university support for older students as they progress through their education. The mission also assists the surrounding village communities through special events, hosting adult literacy classes, and operating a Catholic church. Funds and support gathered in the US are used for program services in the developing countries served by the Mission. Currently 94% of funds raised are utilized for program services and approx. 6% for admin. and fund raising expenses.

For the fiscal year ended December 31, 2009, Mission Honduras's program expenses were:

  
Charitable Grants 701,280
Salaries 49,289
Management Fees 31,167
Travel & Entertainment 28,303
Proffesional Fees 12,952
Development & Communications 9,200
Annual Fundraising 7,442
Telephone 5,637
Advertising 5,485
Payroll Taxes 4,832
Bank Service Charges 4,147
Postage 1,705
Miscellaneous 1,550
Books & Publications 1,312
Supplies 1,197
Insurance 896
Depreciation 715
Office Expense 642
Medical Exp net of Reimbursement -4,132
Total Program Expenses: $863,619
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Governance

               

Chief Executive : Joan Fabiano (former Executive Director), Executive Director (former)
Compensation*:
 $25,000

Chair of the Board: Robert O'Dwyer
Chair's Profession / Business Affiliation: Information technology, Network Architect for Acxiom Corporation

Board Size: 6

Paid Staff Size: 1

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, internet, membership
Fund raising costs were 1% of related contributions. (Related contributions, which totaled $651,342, are donations received as a result of fund raising activities.)
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Tax Status

               

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.
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Financial

               

The following information is based on Mission Honduras's audited financial statements for the fiscal year ended December 31, 2009.

Source of Funds  
Donations 651,342
Temporarily Restricted Funds Used 13,203
Interest income 7,242
Book Royalties 156
Loss on Sales Securities -14
Increase in Temporarily Restricted Funds -23,050
Total Income $648,879


chart



Uses of Funds as a % of Total Expenses

Programs: 96%  Fund Raising: 1%  Administrative: 3% 

Total income   $648,879
  Program expenses $863,619
  Fund raising expenses 7,442
  Administrative expenses 31,167
 
Total expenses   $902,228
Expenses in Excess of Income   (253,349)
Beginning net assets   682,386
Ending net assets   476,606
Total liabilities   887
Total assets   $477,493


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