Spence-chapin Services to Families and Children

What it reported doing in 2024

Adoption programs: domestic adoption program: we find families for infants and children domestically. We prepare families for adoption through trainings, counseling, and support prior to and after placement. Services for birth and expectant women and families: we provide comprehensive options counseling to women and their partners who are contemplating an adoption before or after birth. Spence-chapin provides the option of interim care for the baby and provides all supplies and medical visits. For women who choose adoption, spence-chapin offers them counseling and support pre and post placement and at any time thereafter. This includes free independent legal counsel.continued on schedule ointernational adoption: we find families for children from multiple countries (south africa, colombia, jamaica, antigua and barbuda, dominica, grenada, saint lucia, and saint vincent and the grenadines), and provide training, support, and ongoing services to the family and the child.special needs adoption: we place children with significant medical challenges including, but not limited to, rare genetic disorders, chronic prenatal exposure to drug and alcohol. We provide extensive education and training to potential families about each child's specific needs to ensure that they are prepared for the challenges of parenting children who have complex medical histories/diagnoses.

Financial Efficiency

• Mission deployment rate: 95%; rating input score 95
• Program expense ratio: 75.3%; rating input score 75
• Fundraising efficiency: $4.75 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.7%; rating input score 95; 24th percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Limited
  • Conducts field audits: Limited
  • May suspend future funding: Limited
  • Requires financial reports: Limited
  • Conducts site visits: Limited
  • Requires grant agreements: Limited
  • May require repayment: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -5.8%; rating input score 15; 15th percentile among comparable filings
• Total-asset coverage ratio: 5.63; rating input score 86; 86th percentile among comparable filings
• Liabilities to assets ratio: 0.13; rating input score 69; 69th percentile among comparable filings
• Officer compensation ratio: 14.6%; rating input score 9; 9th percentile among comparable filings

Growth

• Program expense growth: 4.2% per year; rating input score 100; 35th percentile among comparable filings
• Revenue growth: 1.6% per year; rating input score 100; 15th percentile among comparable filings
• Asset growth: 0.3% per year; rating input score 100; 11th percentile among comparable filings