Wide Horizons for Children Inc

What it reported doing in 2024

During the reporting year, WHFC continued programming focused on Orphan Care and Family Preservation. In terms of Orphan Care, our operational funding of two orphanages in Guatemala benefitted over 200 children, providing them with a holistic array of services including proper nutrition, stable and trained caregivers, and educational, medical and psychological services. WHFC also supported the orphanages efforts to reunify 25 Guatemalan parents with their children, by funding court mandated educational and support services. Additionally, WHFC supplied much sought after baby formula to 122 infants and sick children with a low likelihood of family care solutions in 10 orphanages in Burundi. Family Preservation programming continued to focus on stabilizing the family by promoting physical health and mental wellbeing, nutrition, education and financial empowerment initiatives. An overarching emphasis on gender equality ran through all WHFCs work, prioritizing a majority of female beneficiaries across programs. Approximately 2,670 individuals in Ethiopia, Burundi and Guatemala received services that ensure families remain intact, so their children dont fall into orphanage care. This reporting year, WHFC added 60 new families to our programming and expanded our Financial Savings groups, or Self-Help Groups, to 26, with over 300 participants. These Self Help Groups offer families emotional support as well as microloans to support business development, which has proven critical in lifting families forever out of poverty. Additionally, WHFC deepened and expanded its holistic wrap around medical, nutritional and educational services in Ethiopia, Guatemala and Burundi, providing impactful services to over 1,000 families as well as the broader communities. In Burundi, WHFC constructed three classrooms at the Community Center and started a tutoring program for over 300 students. WHFC also began renovating a local medical clinic that will provide the first health care access to this community once it opens in 2026. In Guatemala, a dental clinic, daycare and organic garden were established on the Community Center site providing additional wrap around services to the community. In Ethiopia, WHFC re-engaged with two medical facilities we previously built, sending a medical mission to Leku Hospital that offered three different trainings and surgeries; and renovating and replenishing supplies and medicines at the medical clinic in the northern town of Adwa that had been destroyed by war. WHFC also enhanced these facilities by funding operations for two mental health clinics, offering some of the first mental health support services in the country. The catchment area that our medical infrastructure serves in Ethiopia alone is well over 1 million. As such WHFC can claim over 115,000 beneficiaries due solely to our medical programming. In total, WHFC and our programming touched over 120,000 individuals around the world.

Financial Efficiency

• Mission deployment rate: 64.4%; rating input score 64
• Program expense ratio: 72.8%; rating input score 73
• Fundraising efficiency: $3.92 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: 5 of 8 controls in place; rating input score 62
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Pass
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Pass
  • Conducts site visits: Pass
  • Requires grant agreements: Pass
  • May require repayment: Fail
• 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; 63rd 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: Pass
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 12.7%; rating input score 67; 67th percentile among comparable filings
• Total-asset coverage ratio: 1.76; rating input score 57; 57th percentile among comparable filings
• Liabilities to assets ratio: 0.17; rating input score 48; 48th percentile among comparable filings
• Officer compensation ratio: 9.8%; rating input score 31; 31st percentile among comparable filings

Growth

• Program expense growth: -3.6% per year; rating input score 0; 6th percentile among comparable filings
• Revenue growth: -2.6% per year; rating input score 0; 6th percentile among comparable filings
• Asset growth: 6.3% per year; rating input score 100; 41st percentile among comparable filings