2011-06-20T12:29:46-05:00 2010-12-31 Capin Crouse LLP 972 Emerson Parkway Ste A Greenwood IN 46143 990 2010-01-01 330430285 Children's HopeChest CHIL 7194877800 9240 Explorer Dr No 202 Colorado Springs CO 80920 Robert Mudd 7194877800 2011-06-20 1 Todd Ensign 3178852620 2010 2016-02-24 21:20:13Z Charles T Davis 9240 Explorer Dr No 202 Colorado Springs CO 80920 4211849 0 X WWW.HOPECHEST.ORG X 1990 CA Provide hope and help to orphans of the world. 12 11 18 10 0 0 2377831 3407328 598726 782039 933 2354 17257 9733 2994747 4201454 1268424 1434851 0 0 652518 954550 0 0 263948 844715 1647788 2765657 4037189 229090 164265 700112 1963133 278454 293767 421658 1669366 Provide hope and help to orphans of the world. 0 0 3431145 1434851 781803 Children's HopeChest connects Christian communities in the U.S. and Canada with impoverished communities of orphans overseas. This unique community-to-community sponsorship leverages the power of one community of Christians making a long-term, transformational impact on a community of orphans and vulnerable children. Ultimately, these relationships and resources empower orphans to survive, thrive, and succeed within their home culture. HopeChest partners primarily with churches, businesses and Christian communities such as blogs, online groups, book clubs, and small groups. These sponsoring communities are providing help, training, and discipleship for over 10,000 orphans. HopeChest has over 100 active partnerships in Russia, Swaziland, South Africa, Ethiopia, Uganda, Haiti, Guatemala, Moldova, and India. 3431145 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 12 0 18 1 0 1 UG RS ET 0 0 0 0 0 0 0 0 X 12 11 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 The Organization 7194877800 9240 Explorer Dr No 202 Colorado Springs CO 80920 Charles T Davis 40.00 X X 52350 0 70758 Matthew Bronleew 1.00 X 0 0 0 Doug Duffy 1.00 X 0 0 0 Craig Whittaker 1.00 X 0 0 0 Steve Wilson 1.00 X 0 0 0 Doug Hering 1.00 X 0 0 0 Mike Nutter 1.00 X 0 0 0 Dan MacLellan 1.00 X 0 0 0 JW Roth 1.00 X 0 0 0 Jon Dale 1.00 X 0 0 0 Jim Fitzgerald 1.00 X 0 0 0 Jennifer Jukanovich 1.00 X 0 0 0 Robert Mudd 40.00 X 90140 0 13585 142490 0 84343 0 0 0 0 0 3407328 103500 3407328 Trip income 561520 782039 782039 782039 2590 2590 19320 9587 9733 9733 9733 572 808 -236 -236 -236 4201454 781803 0 12323 1434851 1434851 226832 131945 47420 47467 614144 413065 116700 84379 24113 14950 5064 4099 36771 14682 17777 4312 52690 27307 16467 8916 9214 9214 165 165 17182 17182 26983 17105 9640 238 56673 16041 8136 32496 154617 79990 44820 29807 58632 29916 18753 9963 64522 58972 3300 2250 377554 336433 6839 34282 13335 13335 68944 60000 4620 4324 8325 4246 2664 1415 Russian Orphan Care 658632 658632 Education program - Rus 61640 61640 Medical assistance - Ru 34975 34975 Ministry center program 31945 31945 Living expenses - Russi 4450 4450 4037189 3431145 342096 263948 59271 240253 345956 468997 14244 28637 1429100 418854 15641 1010246 265000 215000 700112 1963133 34085 28635 40296 64245 204073 200887 278454 293767 X 243389 1070299 178269 599067 421658 1669366 700112 1963133 X 164265 1083443 X X 0 1 1 X 0 X 2638142 3416665 2287145 2377831 3622468 14342251 2638142 3416665 2287145 2377831 3622468 14342251 175026 14167225 5450 20637 17750 18190 21913 83940 20105 2581 22686 14448877 3268254 0.98050 0.95310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1051046 189942 861104 378054 228912 149142 1010246 Duplex 215000 F 215000 4201454 4037189 164265 -50000 176830 956613 1083443 1247708 4543424 -50000 391970 341970 4201454 0 4201454 4429159 391970 391970 4037189 0 4037189 Description of Uncertain Tax Positions Under FIN 48: Part X: 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 statement of activities. As of December 31, 2010, CHC had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. Part XI, Line 8 - Other Adjustments: Adj for PY removal of Fund Nadezdha 1 Russia and the Newly Independent States 0 0 Grant making 8800 Sub-Saharan Africa 2 5 Program Services Sponsorship 530876 Russia and the Newly Independent States 0 0 Grant making Child sponsorship 658632 Central America and the Caribbean 2 2 Grant making 17292 South Asia 0 0 Grant making Sponsorship 11745 Sub-Saharan Africa 0 0 Grant making 88950 Sub-Saharan Africa 0 0 Grant making 769602 South Asia 0 0 Grant making 7586 7 0 7 2093483 0 2093483 Central America and the Caribbean Sponsorship/discipleship, ministry centers, family centers, independent living centers and churches. 17292 Wire transfer Sub-Saharan Africa Sponsorship/discipleship, ministry centers, family centers, independent living centers and churches. 477494 Wire transfer 103500 Food FMV Europe (Including Iceland & Greenland) Sex traffic prevention 8800 Wire transfer South Asia Sex traffic prevention 11745 Wire transfer Sub-Saharan Africa Sex traffic prevention 37200 Wire transfer Russia & the Newly Independent States Sex traffic prevention 658632 Wire transfer Sub-Saharan Africa Support sponsorship programs 744527 Check Sub-Saharan Africa Support sponsorship programs 20675 Check 8 0 0 0 0 0 0 Procedure for Monitoring Grants Outside the U.S.: Schedule F, 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. A Board member performed a field audit in 2008. Method Used to Acccount for Expenditures: Schedule F, 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 2 103500 FMV-Similar Asset Sales 0 1 0 Method for Determining Number of Contributors: Part I, Column (b): The number of contributions reported on Schedule M are the number of contributions received, not the number of items contributed. Form 990, Part VI, Section A, line 2 Charles Davis, CEO, and Matthew Monberg, Development Director, are business partners in an outside business. 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 audit committee 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 board discusses then approves the President's salary and uses survey materials from ECFA to compare his compensation with compensation paid to other non-profit presidents 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. Form 990, Part VI, Section C, line 19 These documents are available upon request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized losses on investments: -50,000. Donated services and use of facilities: 176,830. Adj for PY removal of Fund Nadezdha 956,613. Total to Form 990, Part XI, Line 5: 1,083,443. Process for selecting and monitoring auditors 990 Part XI: Line 2C The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year.