Wide Horizons for Children, Inc.
Wide Horizons for Children, Inc.
EIN: 04-2564960
as of September 2024
as of September 09, 2024
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Orphan Care
Daily living presents unimaginable challenges for those who are orphaned and abandoned. Wide Horizons For Children provides assistance, hope and opportunity for the most vulnerable among us through orphanage support, vocational training and a Granny program.
Adoption and Post Adoption Services
Adopting a child is one of the most life-changing decisions you will ever make. As one of the nation’s leading child welfare and adoption agencies, Wide Horizons For Children has helped place more than 13,000 children from nearly 60 countries with permanent, loving families. We work with trusted partners around the world, and offer well-established adoption programs in Asia, Africa, Latin America and the United States. We also help place children through our parent-initiated program, which allows families working with another child placement agency or personal contact to use our services.
Family Preservation
Our priority for any child in crisis is simple — to provide them with all they need for the best possible outcome. For a child with a family, that means keeping their family together, preserving their family.
For the last 50 years, we’ve worked with some of the most vulnerable children in the world, many of them orphans. When we first met them, some of these orphans had no living family — but many did — and could have remained with their family if they had received the help they needed before so many crises piled on top of them that life became untenable. Wide Horizons For Children is committed to providing interventions that help stabilize families at risk of dissolution because of poverty, disease or financial collapse, helping them to remain intact. Working in Ethiopia, Guatemala, Burundi and India, Wide Horizons For Children family strengthening programs provide a clear path to a better future for thousands of children.
Where we work
Affiliations & memberships
Joint Council on International Children's Services 1999
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback
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What challenges does the organization face when collecting feedback?
We don't have any major challenges to collecting feedback
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2023 info
1.42
Months of cash in 2023 info
3.1
Fringe rate in 2023 info
16%
Funding sources info
Assets & liabilities info
Financial data
Wide Horizons for Children, Inc.
Revenue & expensesFiscal Year: Jul 01 - Jun 30
Wide Horizons for Children, Inc.
Balance sheetFiscal Year: Jul 01 - Jun 30
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 survive long, but the types of assets and liabilities must also 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.
Fiscal Year: Jul 01 - Jun 30
This snapshot of Wide Horizons for Children, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
Profitability info | 2019 | 2020 | 2021 | 2022 | 2023 |
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Unrestricted surplus (deficit) before depreciation | $47,504 | -$267,418 | $393,432 | $1,227,456 | -$277,909 |
As % of expenses | 1.2% | -7.7% | 12.8% | 40.2% | -8.2% |
Unrestricted surplus (deficit) after depreciation | -$2,225 | -$331,946 | $343,047 | $1,170,519 | -$318,594 |
As % of expenses | -0.1% | -9.4% | 11.0% | 37.6% | -9.3% |
Revenue composition info | |||||
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Total revenue (unrestricted & restricted) | $3,965,528 | $3,164,856 | $3,478,453 | $4,263,736 | $3,038,670 |
Total revenue, % change over prior year | -3.6% | -20.2% | 9.9% | 22.6% | -28.7% |
Program services revenue | 37.7% | 36.4% | 26.0% | 23.5% | 25.3% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 0.9% | 0.7% | 0.3% | 0.2% | 1.7% |
Government grants | 0.0% | 0.0% | 17.4% | 7.7% | 0.0% |
All other grants and contributions | 61.3% | 63.0% | 56.4% | 68.5% | 73.1% |
Other revenue | 0.1% | -0.1% | -0.1% | 0.0% | 0.0% |
Expense composition info | |||||
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Total expenses before depreciation | $3,900,035 | $3,466,028 | $3,081,165 | $3,053,792 | $3,369,996 |
Total expenses, % change over prior year | -8.0% | -11.1% | -11.1% | -0.9% | 10.4% |
Personnel | 46.6% | 43.6% | 41.8% | 41.3% | 39.4% |
Professional fees | 10.7% | 10.1% | 10.4% | 10.7% | 14.1% |
Occupancy | 3.0% | 2.9% | 2.8% | 2.4% | 2.1% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 25.6% | 29.4% | 26.7% | 31.4% | 31.1% |
All other expenses | 14.1% | 14.0% | 18.2% | 14.2% | 13.3% |
Full cost components (estimated) info | 2019 | 2020 | 2021 | 2022 | 2023 |
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Total expenses (after depreciation) | $3,949,764 | $3,530,556 | $3,131,550 | $3,110,729 | $3,410,681 |
One month of savings | $325,003 | $288,836 | $256,764 | $254,483 | $280,833 |
Debt principal payment | $0 | $0 | $0 | $0 | $0 |
Fixed asset additions | $160,695 | $0 | $0 | $95,655 | $0 |
Total full costs (estimated) | $4,435,462 | $3,819,392 | $3,388,314 | $3,460,867 | $3,691,514 |
Capital structure indicators
Liquidity info | 2019 | 2020 | 2021 | 2022 | 2023 |
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Months of cash | 3.5 | 3.6 | 5.4 | 7.8 | 3.1 |
Months of cash and investments | 8.5 | 8.9 | 11.4 | 15.8 | 13.6 |
Months of estimated liquid unrestricted net assets | 6.9 | 6.8 | 9.8 | 14.4 | 11.9 |
Balance sheet composition info | 2019 | 2020 | 2021 | 2022 | 2023 |
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Cash | $1,128,613 | $1,034,446 | $1,386,342 | $1,978,166 | $868,687 |
Investments | $1,629,938 | $1,541,120 | $1,543,043 | $2,041,525 | $2,955,173 |
Receivables | $290,305 | $209,559 | $114,134 | $165,711 | $287,000 |
Gross land, buildings, equipment (LBE) | $772,528 | $669,171 | $482,337 | $570,297 | $458,311 |
Accumulated depreciation (as a % of LBE) | 48.7% | 50.8% | 75.7% | 72.7% | 67.3% |
Liabilities (as a % of assets) | 20.0% | 23.4% | 22.5% | 17.2% | 15.7% |
Unrestricted net assets | $2,626,722 | $2,294,776 | $2,637,823 | $3,808,342 | $3,489,748 |
Temporarily restricted net assets | $200,937 | N/A | N/A | N/A | N/A |
Permanently restricted net assets | $0 | N/A | N/A | N/A | N/A |
Total restricted net assets | $200,937 | $171,859 | $172,061 | $150,268 | $145,235 |
Total net assets | $2,827,659 | $2,466,635 | $2,809,884 | $3,958,610 | $3,634,983 |
Key data checks
Key data checks info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Principal Officer
Janice Hoffman
Janice M. Hoffman, President & CEO, joined Wide Horizons For Children in 1999 as its Chief Operating Officer and was appointed President & CEO in 2012. During her tenure, she has been instrumental in developing a strategic blueprint for the organization, bringing a new focus to the areas of orphan prevention and orphan care programming, and building capacity in sustainable philanthropy. She holds a Graduate Certificate in Business Administration and a BA in Psychology from Laurentian University. Janice grew up in Canada and is an adoptive mother of two children from Latin America.
Number of employees
Source: IRS Form 990
Wide Horizons for Children, Inc.
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Wide Horizons for Children, Inc.
Board of directorsas of 02/20/2024
Board of directors data
Jennifer Gill
West Cambridge Pediatric and Adolescent Medicine
Christopher Conway
Retired
Laura Dierks
Interboro Spirits & Ales
Alexandra Perce-van Schie
Brian Franklin
Communications Executive
Greg Kozich
PNC Financial Services Group
Debbie Upton Helvig
Paul O’Neill
Billy Adams, Jr.
Sharon Reilly
Brett Wilhelm
Marylou Lemieux
Wide Horizons For Children
Anne Hill
Wide Horizons For Children
Mark Johnson
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
No data
Gender identity
Transgender Identity
Sexual orientation
No data
Disability
No data
Equity strategies
Last updated: 12/06/2022GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We review compensation data across the organization (and by staff levels) to identify disparities by race.
- We ask team members to identify racial disparities in their programs and / or portfolios.
- We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
- We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
- We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
- We use a vetting process to identify vendors and partners that share our commitment to race equity.
- We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
- We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
- We have community representation at the board level, either on the board itself or through a community advisory board.
- We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
- We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.
Professional fundraisers
Fiscal year endingSOURCE: IRS Form 990 Schedule G