BBB Wise Giving Report for
Children Awaiting Parents

BBB Wise Giving Report issued June 2010
BBB Wise Giving Report expires June 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Children Awaiting Parents
Address: 595 Blossom Road, Suite 306
  Rochester, NY 14610
Phone: 585-232-5110
888-835-8802
Web Address: www.childrenawaitingparents.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1972, New York
Affiliates: None
Stated Purpose: "to find loving adoptive families for children waiting in foster care and to advocate nationally for adoption by bringing attention to the children, promoting interest among potential permanent adoptive families, and encouraging adoption friendly policies."

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Evaluation Conclusions

               

Children Awaiting Parents (CAP) meets the 20 Standards for Charity Accountability.
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Programs

               

CAP works with child welfare agencies to help increase the visibility of children who have waited years for an adoptive home. CAP educates and supports families as they explore and initiate the adoption process. The organization's website, www.childrenawaitingparents.org, features videos of waiting children speaking in their own words of the need for a permanent family, as well as photos and brief descriptions of waiting children. CAP also operates the Faith In Children Program, which outreaches to faith based organizations to build support for foster and adoptive families.

For the fiscal year ended March 31, 2009, CAP's program expenses were:

  
Program services 403,717
Total Program Expenses: $403,717
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Governance

               

Chief Executive : Mark W. Soule, Executive Director
Compensation*:
 $12,130

Chair of the Board: Barbara H. Sassano
Chair's Profession / Business Affiliation: Community volunteer

Board Size: 21

Paid Staff Size: 8

*April 1, 2008 - March 31, 2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. Maryjane Link was CAP's executive director from April - November of 2008 and received compensation of $57,082. From December of 2008 - March of 2009, Mark Soule was the executive director and received compensation of $12,130.
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Fund Raising

               

Method(s) Used:

Direct mail, special events, print advertisements, television, radio, grant proposals, Internet appeals, and planned giving.
Fund raising costs were 8% of related contributions. (Related contributions, which totaled $389,533, 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 CAP's audited financial statements for the fiscal year ended March 31, 2009.

Source of Funds  
Gifts, grants, and contributions 267,758
Government grants 60,000
Registration fees 24,400
Investment income 22,073
Special events (net) 20,702
In-kind services 19,000
CAP book subscriptions 1,170
Realized and unrealized loss on investments -422,607
Total Income ($7,504)


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Uses of Funds as a % of Total Expenses

Programs: 82%  Fund Raising: 6%  Administrative: 12% 

Total income   ($7,504)
  Program expenses $403,717
  Fund raising expenses 31,604
  Administrative expenses 58,583
 
Total expenses   $493,904
Expenses in Excess of Income   (501,408)
Beginning net assets   1,308,872
Ending net assets   807,464
Total liabilities   54,467
Total assets   $861,931

Note: For the year ended March 31, 2009, CAP received in-kind gifts in the amount of $19,000 for services such as accounting, web design, advertising, interior design and legal services.

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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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