Holt International Children's Services meets the 20 Standards for Charity Accountability.
Child Sponsorship
HICS reports that it operates a child sponsorship program. Sponsoring of an orphaned or impoverished child is $34 per month and provides food, clothing, school supplies, medical care, and family support. Sponsors may receive correspondence from their sponsored child two to three times per year and may communicate with their sponsored child through letters.
Holt International Children's Services (HICS) operates both U.S. and international programs. The United States program consists of expenses for professional services incurred in connection with placing children for adoption, including: family preparation, post-placement counseling and international processing. Additional costs include transportation, public education concerning adoption issues, providing sponsors information about their sponsored child, management assistance, and program development for international programs. HICS' international program services and support consist of direct expenses incurred by HICS and in coordination with overseas partner agencies in other countries for adoption services, permanency planning services for children, social work training for indigenous staff, counseling, assistance for displaced families and individuals, and management assistance and program development.
For the year ended September 30, 2020, Holt International Children's Services's program expenses were:
U.S. program |
$11,428,081 |
International program and support |
$9,578,096 |
Total Program Expenses: |
$21,006,177 |
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Chief Executive
Phillip L. Littleton, President and Chief Executive Officer
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Compensation*
$231,265
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Chair of the Board
Margaret Fitch-Hauser
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Chair's Profession / Business Affiliation
Emeritus Professor, Auburn University
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Board Size
14
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Paid Staff Size
161
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Door-to-door appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Telephone appeals
HICS incurred joint costs of $1,419,750 for informational materials and activities that included fund raising materials. Of those costs, $965,430 was allocated to fundraising expenses and $454,320 was allocated to program expenses.
Fundraising costs were 27% of related contributions. (Related contributions, which totaled $21,774,599, 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 Holt International Children's Services's audited financial statements - consolidated for the year ended September 30, 2020.
Source of Funds |
Sponsorships |
$15,197,851 |
Adoption fees |
$6,662,702 |
Contributions |
$5,813,284 |
Grants |
$763,464 |
Investment income, principally interest, net |
$294,431 |
Unrealized / realized gain on investments, net |
$73,715 |
Transportation fees |
$73,685 |
Other revenue |
$1,024 |
Total Income |
$28,880,156 |
- Programs: 72%
- Fundraising: 20%
- Administrative: 8%
Total Income |
$28,880,156 |
Program expenses |
$21,006,177 |
Fundraising expenses |
$5,982,067 |
Administrative expenses |
$2,498,370 |
Other expenses |
$0 |
Total expenses: |
$29,486,614 |
Income in Excess of Expenses |
$-606,458 |
Beginning Net Assets |
$15,886,900 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$15,280,442 |
Total Liabilities |
$8,560,951 |
Total Assets |
$23,841,393 |