Financial integrity is of extreme importance to us. And so is transparency. Our 2014 Annual Report has been released so you can keep up to date with the who, the what, the where, the how…and specifically, the how much. So where does the money go? Here are a few highlights from our 2014 Annual Report.Continue Reading ›
Traits that we greatly value and strive to consistently demonstrate are integrity, excellence, stewardship and dignity. If you were to add a fifth trait to this list, what would it be?Continue Reading ›
Does the money you donate to Compassion produce a good return on investment? Do we maximize the impact of your generosity?
When you set up a regularly occurring and automatic direct payment plan (e.g., Automated Clearing House (ACH), bill pay or credit/debit card), you save us at least $1 on each transaction. It’s a significant amount when you consider that many of the children’s families we serve survive on less than $1 a day.
“Only one percent of the charities we rate have received at least nine consecutive four-star evaluations, indicating that Compassion International consistently executes its mission in a fiscally responsible way, and outperforms most other charities in America,” said Charity Navigator President and CEO Ken Berger. “This ‘exceptional’ designation from Charity Navigator differentiates Compassion International from its peers and demonstrates to the public it is worthy of their trust.”
With programs in 26 countries, many people wonder how we maintain the excellence and good stewardship of our operations around the world. In addition to annual external audits, we ensure the highest integrity in our programs through internal auditing.
Internal auditing, both in the development centers and country offices, is designed to determine how well our operations are running and to identify weaknesses that are causing goals and objectives to go unmet.
Accountability. This word has so much meaning. In this fast paced and cynical world, many people have lost trust in nonprofits. It’s actually very sad, but I understand why.
How many times have you heard about the misuse of funds hindering an organization’s effectiveness, or greed compromising decision-making and values? Regrettably, I think we all have heard it too many times.
$38 a month. That’s how much it costs to sponsor a child through Compassion, which is more than the price of sponsorship at other organizations. The difference sometimes leads to questions such as: What does my child get each month for $38?” (i.e., how are our programs run and what do we deliver), and “Where is the money going that isn’t going to the children?” (i.e., how do we spend your money).
When it comes to achievement, repeats are impressive. Three-peats are utterly amazing. Any ideas on what we call an eight-peat?
In the world of charities, this translates to “exceptional.” For eight consecutive years, we have been awarded Charity Navigator’s highest rating – four stars – for responsible financial management.