2014-06-05T11:54:20-05:00 2013-12-31 363990892 Capin Crouse LLP 2435 Research Pkwy Suite 200 Colorado Springs CO 80920 990 2013-01-01 330430285 Children's HopeChest CHIL 7194877800 300 General Palmer Drive Palmer Lake CO 80133 Robert Mudd Chairman 7194877800 2014-06-05 1 David C Moja P00747006 7195286225 2013 2015-11-30 17:44:51Z Ken Sparks 300 General Palmer Drive Palmer Lake CO 80133 6938191 0 X WWW.HOPECHEST.ORG X 1990 CA Provide hope and help to orphans of the world. 8 6 27 10 0 0 5054687 5667709 976326 1245447 74628 -1218 38739 13855 6144380 6925793 1433735 1490899 0 0 1659142 1840487 0 0 585542 2738654 3595855 5831531 6927241 312849 -1448 2450794 2291966 330346 349609 2120448 1942357 X See Schedule O 0 0 1398721 924357 Children's HopeChest develops community-to-community partnerships between Christians in North America and those of orphaned and vulnerable children in 8 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 7,500 U.S. sponsorships, HopeChest:* Addresses the complex causes of poverty, including material, spiritual, emotional, social, economic and educational needs; * 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. 745027 283271 1245447 HopeChest mission trips facilitate up-close and hands-on service opportunities for partners who wish to engage more personally. These relationship-building visits in 2013 were key to building the trust between more than 950 sponsors and their sponsored childrens communities, enhancing those communities' ability to thrive. 905781 283271 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 and business leadership. These projects help HopeChest reach the broadest audience surrounding orphaned and vulnerable children. 2679842 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. 2679842 5729371 1 1 0 0 0 0 0 0 0 0 1 1 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 0 0 0 0 1 18 0 1 27 1 0 1 UG RS ET GT 0 0 0 0 0 0 0 0 X 8 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 AK AZ FL IL KY MD MI MN MS MO NH NJ NM NC ND PA SC TN UT VA WA WV WI X X Steve Zitzmann 7194877800 300 General Palmer Drive Palmer Lake CO 80133 Rick Shaum CEO (Interim) 40.00 X X 6440 0 0 Charles T Davis CEO (former) 40.00 X X 76099 0 77046 Robert Mudd Chairman 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 1.00 X 0 0 0 Craig Whittaker Director 1.00 X 0 0 0 Jim Fitzgerald Director 1.00 X 0 0 0 Karen Wistrom Director 1.00 X 0 0 0 82539 0 77046 0 0 1 0 0 5667709 352204 5667709 Trip income 561520 1240542 1240542 Other Program Income 900099 4905 4905 1245447 3798 3798 20481 6626 13855 13855 13855 756 3150 2622 -2394 -2622 -5016 -5016 6925793 1245447 0 12637 1490899 1490899 159585 14714 55418 89453 1420309 916221 337680 166408 48091 13141 27960 6990 117852 70032 21836 25984 94650 57298 19725 17627 904 904 16000 16000 14218 5183 2916 6119 80147 80147 307085 185061 45907 76117 115812 60578 27098 28136 249755 198029 25416 26310 786585 745027 3632 37926 11464 5503 3095 2866 125654 85410 21648 18596 11453 5497 3093 2863 Orphan Care/Ministry Pr 1537522 1537522 Education 174800 174800 Living Expenses 92000 92000 Medical 48642 48642 23814 23814 6927241 5729371 612328 585542 64515 77680 975296 913201 157009 7057 1619395 617785 1038974 1001610 77418 215000 215000 2450794 2291966 58945 100566 57557 46678 213844 202365 330346 349609 X 1021475 725858 1098973 1216499 2120448 1942357 2450794 2291966 -1448 -176643 0 X X 0 1 X 1 0 X 2377831 3622468 4435577 5054687 5667709 21158272 2377831 3622468 4435577 5054687 5667709 21158272 21158272 18190 21913 23976 23994 24279 112352 21270624 4532789 0.99470 0.99410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1142050 269269 872781 477345 348516 128829 1001610 Duplex 215000 F 215000 X 6749150 -176643 -176643 6925793 0 6925793 6927241 0 6927241 0 6927241 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, 2013, CHC had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. CHC's Federal Return of Organization Exempt from Income Tax Form 990 for the years ended December 31, 2012, 2011, and 2010 are subject to examination by the IRS, generally for three years after they were filed. 1 Sub-Saharan Africa - Swaziland, South Africa, Ethiopia, Congo 0 0 Grant making 1369218 Sub-Saharan Africa - Swaziland, South Africa, Ethiopia, Congo 5 8 Program services Child sponsorship 1586343 Russia & the Newly Independent States - Moldova 0 0 Grant making 28336 Russia & the Newly Independent States 0 0 Program services Child Sponsorship 143053 South Asia - India 0 0 Grant making 93345 Central America and the Caribbean - Guatemala, Haiti 0 0 Program services Child sponsorship 260461 5 8 0 0 5 8 3480756 0 3480756 Sub-Saharan Africa - Swaziland, South Africa, Ethiopia, Congo Sponsorship/discipleship,ministry centers, family centers, independent living centers, churches 1305553 Wire transfer Sub-Saharan Africa - Angola, Benin, Botswana, Burkina, Faso, Sponsorship/discipleship,ministry centers, family centers, independent living centers and churches 42390 Wire transfer Sub-Saharan Africa - Angola, Benin, Botswana, Burkina, Faso, Sponsorship/discipleship,ministry centers, family centers, independent living centers, churches 11699 Wire transfer Sub-Saharan Africa - Angola, Benin, Botswana, Burkina, Faso, Sponsorship/discipleship,ministry centers,family centers,independent living centers and churches 9576 Wire transfer Russia & the Newly Independent States - Armenia, Azerbijan, Belarus, Sex traffic prevention 28336 Wire transfer South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Sponsorship/discipleship,ministry centers, family centers, independent living centers and churches 93345 Wire transfer 6 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 1 1 X X 0 0 0 0 0 0 0 0 0 Charles T Davis CEO (former) 68899 0 0 0 7200 0 4292 0 72754 0 153145 0 0 0 Part I, Line 1a The former CEO Charles T. Davis received a Housing Allowance of $62,540. Part I, Line 3 The independent board discusses then approves the President's and COO's salary and uses survey materials from ECFA to compare their compensation with compensation paid to other non-profit officers in the area. This process is documented in the minutes of the board of directors. The executive team sets the compensation of other officers and key employees. Jim Fitzgerald Member of the board of directors 75270 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 2 222204 FMV-Similar Aset Sales X 4 130000 FMV-Similar Asset Sales 0 1 0 Part I, Column (b): Schedule M, Part I, Column (b): The number listed represents the number of contributions made. 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 VI, Section A, line 2 Charles T. Davis, CEO, co-founded a for-profit company, in which Doug Duffy, Board Member,is an investor. Form 990, Part VI, Section B, line 11 The Form 990 was prepared by an independent CPA firm, reviewed by the finance team, and then emailed to the full board for their review before it was filed with the IRS. Form 990, Part VI, Section B, line 12c Each year all related party transactions are listed in a motion for the Board to review and approve. The finance committee reviews significant transactions throughout the year. Form 990, Part VI, Section B, line 15a The independent board discusses then approves the President's salary and benefits, and uses survey materials from the ECFA to compare their compensation with compensation paid to other non-profit officers in the area. This process is documented in the minutes of the board of directors and last took place in 2013. The executive team sets the compensation of other officers and key employees. Form 990, Part VI, Section C, line 19 These documents are available upon request.