Feed The Children, Inc.
PO Box 36 Oklahoma City, OK 73101 http://www.feedthechildren.org
Mission and Programs
Mission
Feed The Children is a Christian, international hunger and relief organization that delivers food, medicine and other necessities to children and their families who lack these essentials due to poverty, war, famine and natural and man-made disaster.
Programs
In partnership with NAEHCY (National Association of Educators for Homeless Children and Youth) distributes backpacks to homeless students enrolled in U.S. public schools.
Program / Activities (NTEE Code)
Emergency Assistance (Food, Clothing, Cash)
International Development, Relief Services
International Relief
Results
Accomplishments for Fiscal Year Ending 06/30/2008
Since establishment in 2006, 240,000 new backpacks filled with age appropriate school supplies, food and personal care items have been distributed through public schools. Another 120,000 are expected to be delivered in 2009-2010 school year
Objectives for Fiscal Year Beginning 01/01/2009
Self Assessment
Eighty-three percent of all donations to Feed The Children go directly to program services. Feed The Children is audited by an independent company each year and has profiles in the top charity evalution organizations in the country. The Better Business Bureau's Wise Giving Alliance (www.give.org) has awarded Feed The Children with its Charity Seal, meaning that FTC is an approved charity of the nation's most respected charity evaluator.
Additional Comments
Feed The Children works closely with many civic-minded U.S. corporations, which donate surplus food, medicine, clothing and other staples suitable for distribution to the hungry in the U.S. and abroad. A Feed The Children subsidiary, FTC Transportation, Inc., picks up in-kind contributions from corporate warehouses and transports them to one of the FTC regional distribution centers, located in Ontario, CA, Elkhart, IN, Nashville, TN, Oklahoma City, Houston, TX and North Brunswick, NJ. Some of the donations are then distributed in bulk. Others are processed into individual relief boxes weighing about 25 pounds. Each box typically contains canned and non-perishable food items or personal care and hygiene items, and a toy or book. Feed The Children never charges a fee to recipients at any point in the process.
Financial Data
From the organization's FORM 990
Revenue and Expenses: Fiscal Year Ending June 30, 2008
|
Revenue |
|
Expenses |
|
Contributions |
$1,177,947,451 |
|
Government Grants |
$179,597 |
|
Program Services |
$0 |
|
Investments |
$2,659,578 |
|
Special Events |
$0 |
|
Sales |
$0 |
|
Other |
$2,269,083 |
|
|
|
Program Services |
$1,055,503,509 |
|
Administration |
$20,797,769 |
|
Other |
$72,115,229 |
|
Total Expenditures |
$1,148,416,507
|
|
|
Total Revenue |
$1,183,055,709 |
|
NET GAIN/LOSS |
$34,639,202 |
|
|
Balance
Sheet: Fiscal Year Ending June 30, 2008
Notes
The
balance sheet gives a snapshot of the financial health of an organization
at a particular point in time. An organization's total assets should
generally exceed its total liabilities, or it cannot long survive,
but the types of assets and liabilities also must be considered.
For instance, an organization's current assets (cash, receivables,
securities, etc.) should be sufficient to cover its current liabilities
(payables, deferred revenue, current year loan and note payments).
Otherwise, the organization may face solvency problems. On the other
hand, an organization whose cash and equivalents greatly exceed
its current liabilities might not be putting its money to best use.
|
Assets |
Jul 1, 2007 |
Jun 30, 2008 |
Change |
| Cash
& Equivalent |
$6,062,264 |
$2,807,917 |
$(3,254,347) |
| Accounts
Receivable |
$410,370 |
$811,633 |
$401,263 |
| Pledges
& Grants Receivable |
$385,884,620 |
$362,405,861 |
$(23,478,759) |
| Receivables/Other |
$4,419,221 |
$4,205,273 |
$(213,948) |
| Inventories
for Sale or Use |
$57,747,238 |
$120,436,653 |
$62,689,415 |
| Investments/Securities |
$63,120,749 |
$61,286,520 |
$(1,834,229) |
| Investments/Other |
$1,343,920 |
$4,840,423 |
$3,496,503 |
| Fixed
Assets |
$31,384,737 |
$27,584,977 |
$(3,799,760) |
| Other |
$8,444,562 |
$8,215,281 |
$(229,281) |
| Total
Assets |
$558,817,681 |
$592,594,538 |
$33,776,857 |
| |
|
|
|
|
Liabilities |
Jul 1, 2007 |
Jun 30, 2008 |
Change |
| Accounts
Payable |
$3,597,704 |
$5,861,504 |
$2,263,800 |
| Grants
Payable |
$0 |
$0 |
$0 |
| Deferred
Revenue |
$186,505 |
$0 |
$(186,505) |
| Loans
and Notes |
$88,454 |
$2,307 |
$(86,147) |
| Tax-Exempt
Bond Liabilities |
$0 |
$0 |
$0 |
| Other |
$468,329 |
$423,489 |
$(44,840) |
| Total
Liabilities |
$4,340,992 |
$6,287,300 |
$1,946,308 |
| |
| FUND BALANCE |
$554,476,689 |
$586,307,238 |
$31,830,549 |
Comments from the organization
Copies of Feed The Children's IRS Form 990 and Annual Report, including audited financial information, are available at www.feedthechildren.org.
|

| |
Basic Information
|
|
|
This organization is required to file an IRS Form 990 or 990-EZ.
|
EIN: |
73-6108657 |
|
Executive:
|
Travis
Arnold,
President and Founder
|
|
Contact:
|
Tony
Sellars,
Director of Communications
|
|
Phone:
|
(405) 942-0228
|
|
Fax:
|
(405) 945-4088
|
|
E-mail:
|
tony.sellars@feedthechildren.org
|
Fiscal
Year: |
2008
|
Assets:
|
$592,594,538
|
Income:
|
$1,183,055,709
|
Year Founded: |
1979 |
|
No. of Board Members:
|
6
|
|
No. of Full Time Employees:
|
101-500
|
|
No. of Part-Time Employees:
|
11-20
|
|
Volunteers:
|
> 1000
|
Audited Statements Available to Public:
|
Yes
|
Funding: |
This organization is seeking funds from contributions and grants. These funds will be used for unrestricted operating expenses and special projects.
|
Locations Served: |
National
Latin America, Asia, Africa, Europe, Russia
|
|
|
Board of Directors
|
|
Rick England
Leo Fundaro , Jr
Dan Mugg
Dr. Mary Shreck
Dr. C. Earnest Wyatt
|
|
| |
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