2017-10-12T20:18:31-05:00 2016-12-31 363990892 Capin Crouse LLP 2435 Research Pkwy Suite 200 Colorado Springs CO 80920 990 2016-01-01 330430285 Children's HopeChest CHIL 7194877800 300 General Palmer Drive Palmer Lake CO 80133 Kenneth Sparks CEO 7194877800 2017-10-12 1 Daren Daiga P01074795 7195286225 173.240.105.108 2017-10-12 19:18:21 MD P DA0B0EA13279BD9F6B2BDBF0D2CD97F78A192210 40D8E578998C630A575E14F9C1D0AFD01746A6CA 2016 2021-01-29 14:40:06Z Kenneth Sparks 300 General Palmer Drive Palmer Lake CO 80133 7664781 0 X www.hopechest.org X 1990 CA Provide hope and help to orphans of the world. 7 6 32 147 0 0 6856748 7564585 3585 0 53338 -39789 7426 0 6921097 7524796 1199102 783570 0 0 1881882 2206401 0 5789 470731 4048260 4414612 7129244 7410372 -208147 114424 2134796 2336673 128624 71580 2006172 2265093 X See Schedule O for complete mission statement. 0 0 4433102 612252 Children's HopeChest develops community-to-community partnerships between Christians in North America and those of orphaned and vulnerable children in 9 countries. Through sponsorship, mission trips and development projects, these relationships help the children we serve to grow into faithful, productive and whole adults within their home culture.Through more than 10,500 U.S. sponsorships, HopeChest:* Addresses the complex causes of poverty, including material, spiritual, emotional, social, economic and educational needs; See Schedule O for continuation. 785309 HopeChest mission trips facilitate up-close and hands-on service opportunities for partners who wish to engage more personally. These relationship-building visits in 2016 were key to building trust between the 888 individuals who traveled and their sponsored children's communities, enhancing those communities' ability to thrive. 647402 171318 Development projects involve the setup of such infrastructure as water systems, churches, schools and libraries. They also fund sustainability-promoting programs that include artisanship, agriculture, micro-finance and vocational business leadership. These projects help HopeChest reach the broadest audience surrounding orphaned and vulnerable children. 30512 In Russia, Children's HopeChest offers programs that facilitate the transition of young people from the care of orphanages and into society. Through counseling, socio-emotional training and the development of vocational skills in a safe environment, young people graduate the program much more equipped for success in the real world. 30512 5896325 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 1 22 0 1 32 0 0 1 UG RS ET GT 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL KY MD MI MN MS NH NJ NM NC PA SC TN UT VA WV WI X X Wendell Geary 7194877800 300 General Palmer Drive Palmer Lake CO 80133 Kenneth Sparks CEO 40.00 X X 138984 0 15059 Karen Wistrom Chair 1.00 X X 0 0 0 Mike Nutter Board Treasurer 1.00 X X 0 0 0 Steve Wilson Board Secretary 1.00 X X 0 0 0 Doug Duffy Director (part year) 1.00 X 0 0 0 Jim Fitzgerald Director 1.00 X 0 0 0 Sally Townsend Director 1.00 X 0 0 0 Matthew Day Director 1.00 X 0 0 0 Wendell Geary Jr VP of Finance 40.00 X 83862 0 0 222846 0 15059 1 0 1 0 0 7564585 147686 7564585 554 554 99642 7598 132387 -7598 -32745 -40343 -40343 7524796 0 0 -39789 783570 783570 237905 116574 97541 23790 1603169 1051479 425459 126231 54612 33820 13231 7561 207144 74074 106832 26238 103571 57518 31857 14196 162 134 28 22650 10193 7927 4530 5789 5789 348636 133195 100546 114895 7169 1045 112 6012 591443 346537 155666 89240 68137 32396 30847 4894 300365 238875 37896 23594 940775 889221 30685 20869 74269 74269 14120 6539 4717 2864 Orphan Care 1798640 1798640 Education 248246 248246 7410372 5896325 1043316 470731 276810 462806 959852 938946 17947 37602 1622152 724833 872589 897319 7598 0 2134796 2336673 72295 71580 56329 0 128624 71580 X 833182 808179 1172990 1456914 2006172 2265093 2134796 2336673 X 114424 -3765 56329 91933 X X 0 1 X 1 0 X 5054687 5667709 5590533 6856748 7564585 30734262 5054687 5667709 5590533 6856748 7564585 30734262 30734262 23994 24279 23991 11979 554 84797 30819059 3218825 0.99720 0.99610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 843701 284434 559267 396689 387180 9509 381762 53219 328543 897319 X 7612964 -3765 91933 88168 7524796 0 7524796 7410372 0 7410372 0 7410372 Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the consolidated statements of activities. As of December 31, 2016, CHC had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. CHC is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2013. Part XI, Line 2d - Other Adjustments: Unrealized gain on foreign currency translation 91,933. 1 Sub-Saharan Africa 0 0 Grant making 687333 Sub-Saharan Africa 70 256 Program services Child sponsorship 2544012 Russia & the Newly Independent States 0 0 Grant making 4657 Russia & the Newly Independent States 1 11 Program services Child Sponsorship 421724 South Asia 0 0 Grant making 76042 Central America and the Caribbean 18 172 Program services Child sponsorship 470047 Central America and the Caribbean 0 0 Grant making 15538 89 439 0 0 89 439 4219353 0 4219353 Sub-Saharan Africa Sponsorship/disciples centers, family centers, independent living centers, and churches 687333 Wire transfer South Asia Sponsorship/disciples centers, family centers, independent living centers and churches 76042 Wire transfer Central America and the Caribbean Sponsorship/disciples centers, family centers, independent living centers and churches 15538 Wire transfer 3 0 0 0 0 0 0 0 Part I, Line 2: Monthly accounting reports are submitted to CHC by grantee accountants and CHC spot checks expense items reported by grantees to supporting documentation. Part I, line 3: The organization tracked expenditures in accordance with accrual basis of accounting using expense reports, grant feedback, and other appropriate documentation. X X 0 0 0 0 0 0 0 0 0 Kenneth Sparks CEO 138984 0 0 0 0 0 5549 0 10261 0 154794 0 0 0 Jim Fitzgerald Director 76440 Lessor of office space to Children's HopeChest. This transaction took place at fair market value and was approved by the independent board of directors. 0 X 3 96364 Fair market value X 1 51322 Fair market value 0 0 1 0 Part I, Column (b): The number of contributions reported is the number of contributions received, not the number of items contributed. Form 990, Part III, Line 1 Children's HopeChest develops highly relational, community-to-community partnerships between Christian communities in North America and communities of orphaned and vulnerable children in 10 countries. We believe the most transformational, holistic, sustainable and long-term change occurs when one community partners with another. Children's HopeChest engages churches and other Christian communities in long-term partnerships that help orphans survive, thrive and succeed within their home cultures by: * Empowering local leaders to share the Gospel, reduce poverty and create self-sufficiency for every child. * Equipping partnering communities to directly engage in healthy, international development practices. * Addressing the complex causes of poverty, including material, spiritual, emotional, social, economic and educational needs. * Tending to the child's holistic needs for survival, community, education and employment. * Transforming the lives of children through a focus on sustainability, independence and long-term self-sufficiency. * Transforming the lives of the partnering community members through exposure, education, relationship and service. Form 990, Part III, Line 4a: * Tends to the child's holistic needs for survival, community, education and employment; and * Transforms the lives of children through a focus on sustainability, independence and long-term self-sufficiency. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm and is reviewed in detail by the VP of Finance. The CEO also reviews the 990 before it is provided to the full board for their review prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Officers and board members sign annual conflict of interest statements. The finance committee reviews significant transactions throughout the year. The CEO and VP of Finance regularly and consistently monitor and enforce compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 Line 15a - The independent board discusses then approves the President's salary and benefits, and uses survey materials from the ECFA to compare his compensation with compensation paid to other non-profit officers in the area. This process is documented in the minutes of the board of directors. Line 15b - The CEO approves the compensation for the VP of Finance. Comparability data is used, and the approval process is documented. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part XI, line 9: Unrealized gain on foreign currency translation 91,933. Fund Nadezhda Traktornaya Street 3 Vladimir RS 600026 Provide hope and help to vulnerable children. RS 0 Children's HopeChest Ethiopia PO Box 26803/1000 Addis Ababa ET Provide hope and help to vulnerable children. ET 0 Children's HopeChest Uganda PO Box 418 Soroti UG Provide hope and help to vulnerable children. UG 0 Children's HopeChest Guatemala 2 Av Lotificacion San Antonio Con Mixco GT zona 7 Provide hope and help to vulnerable children. GT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Explanation of affiliate reporting: Children's HopeChest has affiliate organizations that represents its operations in other countries. Per our interpretations of the Form 990 instructions and in order to file a complete and accurate return, we included these operations in the financial activity reported on this Form 990 and are reporting the affiliate organization in Schedule R, Part II as related tax-exempt organizations.