BBB Wise Giving Report for
Friends of the Orphans

BBB Wise Giving Report issued November 2011
BBB Wise Giving Report expires November 2013


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Friends of the Orphans
Address: 134 North La Salle Street, Suite 500
  Chicago, IL 60602
Phone: 312-386-7499
Web Address: www.friendsoftheorphans.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 2004, Illinois
Affiliates: Nuestros Pequeños Hermanos, Father Wasson Endowment, Inc.

Stated Purpose: "to improve the lives of orphaned, abandoned and disadvantaged children through support of Nuestros Pequeños Hermanos International (NPHI) network of orphanages in Latin America and the Caribbean."

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Evaluation Conclusions

               

Friends of the Orphans (Friends) meets the 20 Standards for Charity Accountability.
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Programs

               

Friends supports the Nuestros Pequeños Hermanos (NPH) homes and their outreach programs in Latin America and the Caribbean. The organization reports that there are currently nine homes serving over 3,000 children. Friends works to provide daily care and create families for life through values of unconditional love, shared responsibility and education. This enables children to grow into caring and productive members of their communities. The organization also seeks to increase public awareness regarding the plight of orphaned and abandoned children.

For the year ended December 31, 2010, Friends' program expenses were:

  
Program services 23,531,803
Total Program Expenses: $23,531,803
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Governance

               

Chief Executive : Sharon Saxelby, Interim Executive Director
Compensation*:

Chair of the Board: Reverend Richard Prendergast
Chair's Profession / Business Affiliation: Pastor, St. Josaphat Parish

Board Size: 17

Paid Staff Size: 40

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. During 2010, Sharon Saxelby was the President and CFO of Friends and received compensation of $148,839. The Alliance does not have salary information for the Interim Executive Director.
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Fund Raising

               

Method(s) Used:

Direct mail, telemarketing, special events, print advertisements, grant proposals, Internet appeals, planned giving, and cause-related marketing.
Fund raising costs were 5% of related contributions. (Related contributions, which totaled $25,709,898, 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 Friends' audited financial statements for the year ended December 31, 2010.

Source of Funds  
Donated services and materials 13,499,968
Contributions 10,194,683
Special events 1,286,836
Bequests 728,411
Interest and dividends 126,021
Realized gain on sale of investments 55,420
Net income beneficial interest 21,137
Miscellaneous 17,814
Total Income $25,930,290


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Uses of Funds as a % of Total Expenses

Programs: 92%  Fund Raising: 5%  Administrative: 3% 

Total income   $25,930,290
  Program expenses $23,531,803
  Fund raising expenses 1,347,937
  Administrative expenses 886,717
 
Total expenses   $25,766,457
Income in Excess of Expenses   163,833
Beginning net assets   5,702,097
Other Changes in Net Assets 36,279
Ending net assets   5,902,209
Total liabilities   940,847
Total assets   $6,843,056

Note 1: For 2010, Friends reported in-kind income of $13,458,691 for drugs and medical supplies ($13,147,171) and clothing, food and education ($311,520).

Note 2: In the above financial section, "other changes in net assets" represents unrealized gains.

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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 BBB 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 Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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